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R-2016-4022 - 12/15/2016 RESOLUTION NO. R-2016-4022 WHEREAS, by Resolution No. R-2016-4013, the Round Rock City Council previously authorized the Mayor to execute a Master Development Agreement ("Master Development Agreement") with the Round Rock Transportation and Economic Development Corporation(the "TED Corp."), KR Acquisitions, LLC, a Delaware limited liability company (the "Developer"), and KR CC, Inc., a Delaware corporation (the "Tenant"), and WHEREAS, pursuant to the Master Development Agreement, the City agreed to accept assignment of certain real estate contracts for property to be used for the Kalahari Resort Hotel and Convention Center, and WHEREAS, Tenant is the assignee of that one certain Commercial Contract — Unimproved Properties with Bison Tract 79, Ltd. (the "Bison Tract Contract") consisting of approximately 132 acres of land as more fully described in the Bison Tract Contract, and WHEREAS, pursuant to that one certain Assignment and Assumption and Lease-Back Agreement(the "Assumption Agreement") approved by the City Council in Resolution No. R-2016-4014, the Tenant has assigned said Bison Tract Contract to the City and the City has agreed to accept such assignment, and WHEREAS, pursuant to the terms of the Assumption Agreement, the City Council wishes to approve and authorize the purchase of the Bison Tract,Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor, City Manager, and/or the City Attorney are hereby authorized and directed to execute on behalf of the City any and all standard closing documents appropriate and necessary for the purchase of the Bison Tract. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was 0112.1604;00368698 open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 15th day of December, 2016. ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: SARA L. WHITE, City Clerk 2 EXHIBIT TC}US:A;SSOC&j,jol U-)3.GALTgRp I COMMERCIAL.OONTRA,G`t`,: UNIMPROVED PRQPERTY � ! Ilt6 Of Tills FDAI'OYPUSDIMµNA Mr-110TWItEAROFTI TF.YGtSaSO:lAilO,Y 6p FiflAT005:714IIQTAU(71f1.4tYFU oT�uil,tttfl�4rrtelAFlilTohSfx{th'tdl; dd I. PARTIES:Seller agree to Sell and convey to Buyer the Propettydeseribed In Paragraph 2,.Buyer agrees to buy the Property from Seller for ilia sates price slated 16'Paragr6ph 3.The parliesdo this conlraal are: l Seller; BI-90n Tkaat 79 I,tzd. I Address:5656 Loaf. Cr�eS Au�¢i)i_T3C 7g74�}5 _ ? Phone:_{fix2)3�@ 7.�a0 E-mall: SNt�yenbJLlComtaerci3g$ti6nara rorp s Fax: :3.. �Q. o• Other, g t S BUyer KR T1gqui.ai{;iotii5T,'tc a Ob7,awara IULiead Liabilby comnanX Adc0ress: .o: Bok-590.-•WiaeonaiTT Dnlxa WT-=5356 t Prone: 9-0812 ¢ 2g0 Etmalj.,b 9 'a5tlev oom fi'2k: Other: 2. PROPERTY: A. "Property"nlealts that.real pranarly.siluated In t1T,i•].liamson _County,Texas at 192,226@_.7in+�s, •x3 ghWxV•79.,&,k6nii'sy Bork,-Blvd-. 16uriii Ro'tst; Tx (oddress) and fhat'ls'legally de 668 ori-II alfectiod Exhibit ' S"' _ ares follows: R3.6'75h0 ; i �R310G�g 6.44043 t I151U.Q,44 - ` i k B. Sajjer'iVlil sell and convey the proparty,togetller vnth; (7) ell'rldhls,.pristllcges;:and,appurtaiiflhc8s,ni3r{alning to•the.Property,ihclUding=,Stiljer's right,Mlle,and Interost:jn_abyniln.brbIs ulililltjs,ad)aoenkstrae)s,,..allays,strias,gores,attd'rlgjits:uf-lad; $ (2) 5s11et's 1nl'ereslln alf•leases,reilts,end sequflty't(epa'slrs'tgrall ar pact of tn�j?rbp'an�;�i�nd (3) 9.8116r u Inlerest•ln all licensp$'and.permits:r fated;o fh�.property. (Describe.DW excepllons,r©servotfol)s,or res(rlolions in Paregraph.12 or an Ad{lendplt),) l (if mineral rights aR?(o he.resorved art apprapr(Q(e-WeAddra sho)dd be allached.) 3, SALES PRICE; A. At or before clpsinq,.quyer will ppy the falfowing sales price for the Property: (1) Gash portion pay0le by Buyer at closing ............ ........ . j2,800,000,00 f (2) Sl)m of all:tlilancin9•descrit)ed in Pvagraph•4........................$ I ! i (3) Sates prlee(Surn or 3A(1)and 3A(2)) ....... ............. ' 1 ....... s t?soo,00D.00 (PAR-1002)4-1.14 Pose I of 13 SummitCot,unnelellnduslrlalllopettlq ln:,ZOCh;;holroTmllf}6UW1104TX71621 I !'lrmc:t312121I.97ht G4\:'isl2)24a 9519 Jl,i;Wa s 132.148 rlucs t i'.edvad wtt YA"anotY aelS'6x la)lOTmtrtlW rtaw.t,nv,lLNpn 4Y,2G tCtK.teds?�tot i f E i f I } t i i 132.160 Acres, Eighway 79 & Kenney Fort Mvd., comme(dai conlmct•Unlmprovod Propotly concerning__._ - Round Roak 9'R B.A�11161010nt to Sales Pdce;(Chock(1)or(2)only.} ID (t)The sales price will not ba adjusted based on a survey. 0 (2)The sales Price v41f be adjusted based on the idlest survey obtained undar'Paragraph 66, 811 )The sates Price Is calculated-on the basis of$ 2.22,32 per: �) square foot of W tolal area Cl het area. { li} acre of ® tolal area Cl net area, l I (b)`ToM a(ea`means all Isad area vAthln the perimeter boundaries of the Proparty. "Net area' MUM total 803 less any area of the Property within: ; 0 f) publlo roadways; rlghts4way and easements other than those that directly provide utility sorvtcea to the Property;and (e)ifttis safes}ilea is a�}ttstad try mars titer 35 of thestatad gs}es}�dcs;ef#hefi party -mey-tsrmtnate-t3�ts-cantract-by-pnovfdittg-vr�tiarrrtotiaa-tMhe-ofh�-pr�}y-�yry�` --- 'affi�lnattm�-parip-racatvea-tfte-xmrvoy;-ff-ngititer--party�teirrrilrratgs-Hi}s-ootrtiacf-or roaiianr<u�st�iitetrtlte�sl•aced-petcentag�;thr�2rdjualtr►s�t-ter-tite;-slsslea-ptice^wi{fE-b�rrntrde-tv-the aas{rpor#ictrakhersalaa-nrtce-�Y� uYe� 4. ta1t�ANRitJC:-buyer-�fl-flnsAc#ha-potion-ef�I-te-r�r��eder--RaragraPl�A{?}-as-felfaw:ri 1 d A. .�{,,� {,�,,,� r mere ittk�eens�t�##re fetes ameunt ef$ i f 'tiita'aar}tT'cifiil' , t O (4) Is-,�-aandnf�eHt-eget}-st+ye�ebtefnirtg-tf�frd.par#y�at�nfng,. ; q {2 is,-sari(assent--r}p�btaffltrrg�lr�-darty--itran©fnp-ln--acssrdanaa--witty--tire--atlnol3�ad- Gera►neief alGeRlfA8t3fnesslag-,Rddandei��y, j S © t3. �#n rdat{ea-writ# tfltashed 6ontrners€at-Gsntra�-P{na+�5fq ddertduAR 40 BWOMVH ;nsetrm4Dthe axialf rsrxfssery mote-essayed U3e{'+ art yi ai alant�e ut elost I1 € t C) C. Ise a1 metre-de#Ive -ef reetisset�!-Hats-aad deae' of;est-ta- elfa -t eHhe-4et r►e a�tlashed--6esntrrersfef—Gonlr�t--p4t�a>#str�—Addendern--(�A}2.4939}--irr--the—ameunl--�f $ i 5. EARNEST MQNFY-. E A. Not tater than 3 days after the efteotive date,Suyer must deposlt$po,poo,gg. as earnest money t With'Zse n 'tikk0 572.329. 779 Ero ,conover auat noble Dorn (titlaCompany) at a teessav Conoybr (Rlosar). ' If t3uyer fails to timely deposit thea©mast tnnney,Seller mg terminate this oonlracl sr-exere{se y of- �etfe elher-taeri:9dfea HndaF izaragrat `# �rswt}Irl€r�wsn reties Se-Bkryewbs �ea �,'er-dePas{Es' r tl�e-earne$t-lrtaney=: r B. BuyerwllWepas4wn-addf{fartel-ameunt ofd }l l{ m I part-ef•!Ha-aarsteaknaney-etr-or•�efere; ��o-be-r�taAe f d (fid._.—. - days�ilor-8>:tyei�i�htto-te�aala-ande�Parasrap�tros a� EuSvllf-ba-fry-defeuft-if-buyer falls-ta•ccepss{t-fie addtltsnoi-rrrrrear+t tequi fe-t�aragrPi�6 r withfrr-3-rtay�aRer�el ler-r�etitlsa-euye�Ehe;-Hae�ot-#irriely-tfape�lle��btc�al�rr}auc;t. fTAR-18N)A.1.1A i Papa 2 of 13 rrcacooµmusaoatrw'�1a5rot1w,rwsoair�=v.4s�.yv,ceaa wrist%sin i t71.f68 Asa l E s 3 i a t f i E 132,168 Acroo, Highway 79 & Renney >=oxt Tsivd., ComrnordolConlfael-UnlroprreedNopertyoon=00 _80ak, TX C. Buyer may Instruct the}Itle company to deposit the earnest-monsy In an Interest-bearing account at a federally insured financial Institution and to credit any interest to Buyer. 6. MLC POLICY AND SURVEY., A.Mflo-E�ft (1) Seller,at Seller's expense,will Wmish Buyer an Own(Ws Polley of Trite Insurance-*bila poitgy) r the(fife co)npp1 Ili ttii amount of fttiesate ' tibadatoit er after }ie. iairderd_pdnted excropUons contained In the promti4dated lorm of eifa oitay rmtOtt; ft Contract provldea.o(tle se. (2)The 7 !trd .p(1!1t _eXcep-tion ag.ta dtscfepandes, co»fllcts#dr akiortag�a[a atee epd bogndary I(naa',p ettygrx atrljiliht§or r�tftisiaits,aYq overtaP'.trly.tmj�vetrtetltst © vrhl.no>i.fieirmaiKied`ard9teiedthA•tiite:�oHoy,: " t*rtil"fb manded•fo'la d be�iorts esin areas'at)he.expanire of fid Buyer 13 Seller, (8)1NWa--Ih days after the offeoliye dada,sellerw ii fumbh Buyer a oommf gntfaFtttt�{nsuraltco (the commftmant)frlctutlfng legible copes of recrdeit doarmenl ;evtderttirg d1�e eirc¢ tions,Sailer aulflortzes the iNfiE3 company to deffver the aomltlftment and related documents to-Buyer at Buyera address. 13.>mugyWithin-A—,5 days atter the effective date: ® (1) Buyer will obtain a survey of the Property at Buyer's expense and deliver a copy of the survey to Seller. The survey must be made In accordance wish ihe: (1) ALTA/ACSM land Title Survey standards, or (li) Texas Soolely of Professional$urveyoml standards for a category 1A survey under the apppropriate condition.Sellar wail reimburse Buyer Ss,Coo.oo (insert amount) of ifre coat of the survey at closIng,If Closing occurs, 13 (2) se#lerr�t yeller s e�cpense-wtN far�4s#a k3ayewe su f-th five doter Tha-sawey�r e-Made-tn-aeaerda f3ae-�anlh-th��� ASSidt-be p d�ttlu-Sf+wey-staederd�-or- NF}-Texas-Seelety'o�-Rra tessfonai--Suweya»'--staf�sards-far-a-Gategay f--�A-survey..0 rt dei-thy appraprfate-cendlilon: 13 (3)Se�le�~wi#I deliver-ta-Baye�and-the�tit;e serrrparry a-trafe-and.rsrrect-seer ef-�e#ers toasf-reeet}t- + ei�-gf- e-Rrepert3r-atol}g-with an-affidavit-regr#Ired-by-4 #41$ existlf}�swey�-}f-tire exislGlg survey--ts-rat-asCeytat�#e-•ta-i#e-tate-carep�y;-SeAerPat-Selle�s- exp�e;-Milt-et�tatrr--a-Pevr9>;at�ted-saRFaY--a scteptabtc-�e-##e-t+tte-eem r ise rale stnvay to yer-and the-fine-asmpafly-wtIMH 20days aftor 4er-reag3�res nettoe theNt4e Bx say 36 rreteptabte to tkre-tsUearylasEasir�data ivtit be extended laity-ap-te �9-days-#f-►neo$sser�r-fer�stler-�a-delivsr�r�a eaeirtabte-saivey-vy}t#tlrr-tt�a-#tcia3re�3tryeFw}I I feJmb:3rrse-S©IIeF {rt�ser�rneurtf) of•t)ie-uoaf-of-tire-new-ar-usdadad-st�.�ey _ et-c#estngr3fst�1�-tissurs. C.t3liyer's Object vnc to the r�nmmitment Ind Survay. (1)Within day&aReLtves-the sanrntiirneFrt,c►$€rias=of tiu�deeashenlfrevideneir the UHe-c�trea�`dash-arry-re�lrati•-saEv9y-8uy�es.ittay-abJt�teng-te-tneuers-�isp#eaat3-is-ths� encub�� ace-le ante otherd� slttata-a-daFesd-or hese-pe��►tted-1� (+;-.> ailc}ns-ttu}t�etter urin•satlety ai sten)rar�-a�-Boyar-h'tN-asc*.�me-at-dosing;-o;-tb��e�v-t#+at--aay-pert-a#-t#a-P�Hy-pesir�•a (TAR-IM)4.1.14 i Page 3 or 13 vvdxo6�T,s'acoctaytbw eordf:4x+�ennwar,ecn.rnrt,�-1�g�p x„a,rxaoa,c«„ 13).r6RAutt j i x92.3 b9 Aareu, Highway 79 s KeMuy Bork Blvd„ Commercial Contract=UakVrarod ProDeny concomtng sper�aMoad"hi3aard--amen=A�-er'-�'--Kens�as-defined-by-pC�MMA,}:-t�-Reragra�t�-6�(atl�; Buyer Is-deenisd-fe-t-Qaaive•lhe�ttweyan-lha-epr#te�ef;{t)-th$-dale-af-t�yars-=serest-r@solpt-of-t#�a- ' sura�yi-of-(lij-eFthe-dsadtl�-spaetAed-tH-P•&>�t�@k-SES, (2)sailer:•may;•bUt�nat-abi4gatad�-oUre•�t5`et'a�irnet}FobJesi#ons-vril;�}t��aytr-atter->3eller-rase�ves- thc ,}�ortsne�ke-aiesats�ll-be�rt�artdoer-as-�or�ssary--ts-pfovide-s�sit-ttnte--le-;sure-fie• ahjaet�ans--If-Saif�r�falts-��-et+t�-ti�� -hy-t�ta:#It�utretf�3 'ernitr�ate•-i�s• santrao. wri4ior�-nat(aa io ►@r w ..ii3 8 f3ayr,after tilp tiro � e r-;nt�st-ettFe e�� f-le+�T� t ;t�n�e�-tn4ney �iarfc�n3Nndependanaldefatten-u►ida� (9}&rJ�ilu�a,�-{(rr�aty��i�at�aia�attukvman� e�et;l���Ys�'•e-�3t-te- � 7. E'ROP99 Y COD)TIDN; N,:L+Lasem .A loh; touyer atXapts ikte RNPO, In Its preaopt condiilort except that-.4pllert at-Seller's �kjletlse,un'U'camploto fh`s-fdilotUirig before tftos g; B-nalbiltty Pfldnd;Buyer may tsrminate ihjs contract for any reason within__19--days after tho effective date(feaslbility,perlod)By providing Boller Written notice of terminallon.(Check only one box.) 60 (1) If Buyer terminates under this Paragraph 78, the Mimost money %fill be refunded to Buyer less $ that Seflor Wit retain as indepandent consiiderallon Tor Buyer's unrestricted right to terminate,Buyer hes tendered the indspendont consicteratlon to Seger upon payment of the amount specified In.Paragraph +3A to the tige company.The independent consideration Is to be I credited to the sates price only upon closing of the sale, jf,-po dolisr ag w A_414t .JajhLs I Nragranh 78(11--or-If Buyer tails to denpsit Iha iadergnden) go odds l3try ll Dirt kava lhR riohi to terminate under thlaPaMgMnh 7B. Q (2) Not later than 3 days after the effective date,Buyer must pay Seller$ as independent consideration for Buyer's right to terminate by tendtoring such amount to Seller or SOW$agent.if Buyer torminates.undor this Paragraph 78,the eameat money NvHI be refunded to Buyer and Beller will retain the Independent consideration. The Independent consideration will be credited to the sales price only upon closing of the sale, tj,�-dgjk_RMUM d 4q ,jp„f� ra Paar nh 76r?1 or if Br verfaiig to rxsv lha U-1-3-00--,Buyer will nol have the right tg tqm,innia udaf IsPaa B C.insaeotlons si__udia$.or.Asapssmanlr� (1) During the feasibility period, Buyer, at Buyer's expense. may complete or cause to be completed any and-all In*pWtons,studies, or assessments of the Property(including all Improvements and fixtures)desired by Buyer. I (2) Buyer must: ' (a) employ only trainer!and qualified inspectors and assessors; r �b notify Seller,In advance,of when the inspectors or assessors will be on the Property; j c) ablde by any reasonable entry rules or requirements of Seller, i (d not Interfere Yd Ili existing operations or occupants of the Property;and ! (e restore the Property to its origlnal .condition if altered due to tnspactions, studies, or assessments that Quyar completes or causas°to be completed, (TAR-1842)41.14 Page 4ar13 PWKedva,wFau6 LYiti�1[9ln Frxen lHa lksQ lUtx,umwn�h�V,t�.�5l�m I�x,lr$Aaes � r i 7 7 3 f i i I 132,168 Acres, Highway 78 & Kenney Fort; Blvd,, Commercial CAnU>3ei-Unimproved Properly oonremtna ggund uauk j,� (3) Except for ttlose matters that arise from the negligence of Seller or Seller's agents, Buyer Is responsible for any claim, liability, encurnbranw, cause of action, and expanse resulting from f Buyer's Inspections, studies, or assessments, Including any property damage or personal Injury. Buyer wall Indemnify, hold harmless, and defend Sellar and Setlors agents against any claim involving a matter for which Buyer is responsible under this paragraph, This paragraph survives terminuttari ofthip contract D.P_roaza fnformAtlon Et)f i. Wtihina...3 doys.o'er.•the elfecNe date,sir{1epw111 dehtrerio uy.M"{ChgOk, 1 aCs W M cop10§�Q 0 t±uira3ru tsosps;pertaintng to tho-Propetly,;InDluding any modificatlonp,supplements, st amen'tnahta-to the Ebaup. D (b}rapies.df all ttotea end:daatla of trust.agalnat.the.properly shot Buyar mil aaeuine.of thgt'Sellatr will not:pay I"full on-or barbra.dosigg (o) copies Woll prevl4rra3 emrlmnntiantel aswesaments, geatechnloal reports,studies, or onslysea matte on.atrelaifnS:to.UreProperiy;. =-. Mtmh�-V � -frarr�{i�.prt�e crr-providsl� a my&am; attAoW Abovtj tie thn A" (1ni zn�a�,�grra ubaerl�tlaon (2) Raium.of Prarg y(nfarmation: if this contract terminates for any reason,Buyer Wil, not later than 10 days after the terminalton date;(Chock elllhat apply,) (a)return to Seller all those Mms described In Paragraph 7D(l)that Seller delivered to Buyer In other than an eloctionieformat and all copies that Buyer made of those items; i ® (b)ddtete ardestroy all electronic varslons of.those Items described In Paragraph 7D(1)Ihat Seiler delivered to Buyer or Buyer copied;and d (c) deliver copies of ail inspection and.assessment reports related to the Property that Buyer a completed or caused to be completed, This Paragraph 71)(2)survives termination of this contract, E. ea�ilAgOaa�tlens=+►nNl olosingelie {�j villi-eperte the prepea n itis seine rnaflr3as as en #e e#sslive aata tinderreasonably prdelent-i3usihess�farards;o i not-tfar}sfer-or-dispase- e � PYrany irtiere5t eFtlgbt�It31# g Re ragraph 2B eF t+ld trndt�lhls aetatelrA€iee#eassl �s;�elEer rnoy- eot enle ince;anxindr allorrnieate any o#1{e cet�lraet that a per€y�atihotri fiuyea's-w�+tiea�ppaavai, 8, Li_MS: E A. Each written lease saor is to assign to Buyer under this contract must be in full force and effect according to Its tarme,Seller may not enter Into myeAsUnggnev�lease,fall 110 comply Wlh any existing lease,ormake an # disclose,in writing, If any ofamendment the following lOcatlon to exist est thoetime See teller.prohout vwritten Seller ldes the !oases to the Buyer or subsequently occur before closing;. (1) any railure by Wier to comply Wth Seller's obligations under the leases; (2 any circumstances under any lease that entitle the tenant to terminate the lease or seek any offsets ; or damages; (3j any advance sums paid by a tenant underany lease; s (TAR-1802)a.s-sa Pages or 13 N"t—k'fi Va-ty 1tworgimV,4nm.rw&,mo,m4076 rsl�.oct1 132 a68Auu + I i a } { t !i i i I 192.108 21o>re©, Haghirny 79 G Kerinoy Fort Blvd., CommnrdtslConTIW-UramprovedPrdpeltyooncarning_. tk5w'nd BnD M (4) any concessions,bonuses,free rents, rebates,brokerage commIsstons,or other matters that effect any lease;and (5) any emounts.payabla under the leases that have been assigned or enwrnbered,except as security for toan(s)assumed or taken subject to under thts contract. �• .. Itttrr days-afte�te�k'aative-daCe�elle�-full!-deR+�#a-13i�yer-aets�pal eastfiaafe�-sf$5$t€�e�ru#!&r-t�tsti_ .._ w ___ �rY-caela-tie�aE-lPaec��aee fR-tll���?f�'�e�atr3�i31-ee►#tfle�ttls-n}CteE�rtEi}a luu#�{�oatlaxe-oaFlEt�sd-•Ifl-#he-su�e�I�tort- ef 1R t"�rirre 3:6 8—Gi�tt eroiei rii ateppat ttltkieta`: . �oied.; fay- third-pa€y4er4elid-4% rid r4(fifu�fir: ander t#eets-ado#►. a�ldonaNk�arttot�t--lenst�-day�rter•#e-#l�a�earllest-tfr�lo-tkaa#-�� pp 9. 13ROKERS: k The brokers to this sale uta: Pdrtdpal Hro%Qr.-Elldland Properties(3roup,LLQ C :vooporaBrr Hrokor;31rmm9 x r•ssmm xalc�� Afl�t:�!"ahn Kntt�nds�k agent:7�n Bazin Address:MN�unilac��-+�xArci a 9>t j1�i34 AddrBsb:�D ��attp `3Sr►_� Ran_esy , TX 71Q7�8 JBaun and TX 28681 Phtmn 8 t'rnc 1R4���3e Pham 6,Fa7C [53�21aa Azo? !?J�31349 gR49 E-mal; 1:•maik $iluAeuman��-acsmiacrxr��x e411L_._ 1.mme No: tkolt,s Nn, 42A A]6 Pdncipai Broker:(Check only ono,box) Coopereting Broker represents Buyer. .21 represents Seller only. 0 represents Buyer only, 13 is an Intalmedlaly between Seiler and Buyer. a a i 1 • t (TAR.I002)4.1.14 •- page Oaf 13 �M1[t6wh,kDreT+9ly:W.opa fcolornroort se ifoN.r„n.rm :nuv�vr.e ov,eo_ 132.166 Acro f t 1 I i I , 732.7.60 Aoxes, Highway 19 a Kanney Vont: Blvd., Commorctal Sanuatl-unlmprovati Property carto4ming . 3 10.CLOSING; A. The date of the closing of the sale(closing date)will be on or before the later of: (i)13 ----- --days after Ilse expliatlon of the(easltilllly period, dote). � C'AA ifJ'�n�._�PxavAaxnns 71,dtlAnd� (2�mays-efts)`elleadeentderrapi�Gt:ava�r�-er- sed,. a S. tt eJ.ther WY.fails to close by thp.closing d*,the•non-defaulEing..Wty.may exerolse tba,romedtos In t'a�4gt'hpit'16. C. At;ctosjng,seller vAl execute an-4.divan at Ballot's e2ponse, a El general M apeclo warranty � I dQed: i`i►e deed tntrst Inclti e a 1�and4 1410n If-a4 Ort of the-satos•pfion(e�flrlanpad.1he deet)jnust asnvey goad and Irldafeaetbla title to e Property-and.$)tow no excep'forts olher%n{baso pert ilhed t?r:tterAaragri�ptl,l3.or.other p tons p f tills ooriltooL.Seller must aom+oy tha J lMpaVrt t (E)wlttr 'lietlu, assessntanls, or ager eecirtity in�i�asts aggmat fire Proiserty which will not be sa)<s 6ui,gf)fie.40 tas price,irnles 3sa, trlg{cans t3uyar sti{nas; (2 !sn�wop wlersoirstritenants at sufferance,ortrars e2oepttonants under the en lenses ((fried io Suyerunder this contract. D. At closing,Seller,at$eNeYe expanse,will also deliver to Buyer. J 1 tax atatemento showing no delinquent taxes on the Property; 2�an assignment of all fosses to or on the property; 3)to'tphaass e extent lgnabfe, omit n assignment to Buyer of any licenses and pers related to the Pros4 evidence that the person executing this contract Is legally capable and aulhetized to bind Seller, `5) an affidavit amplable to the title company stating that Seller Is not a foreign person or,RSeller is a foreign person,a wrilten aulftorization for the title company to:,(f)withhold from Sellers proceeds an amount sufficient to comply applicable lax law;and(Il)deliver the amount to the intemol Revenue Service(IRS)together with appropriate 1162 forms;-an (a)-any notices, statements, certificates, affidavits, releases, and other documents required by this contract, the commitment,or law necessary for the closing of the sale and issuance of the Utle Policy.aH of which must be completed by Seller as necessary. E. At closin ,Buyer will: ''s, (i) pay t ie sales prlt:e In good funds acceptaple to the title aotnpttny, P (2) deliver evidence that the person executing tills contract is legally capable and authorized to bind t Buyer, (3) sign and send to each tenant In a lease for any part of the Property a written statement that: l (a) acknowledges Buyer has received and is responsible for the tenant's security deposit;and If (b) specifies the exact,dollar amount of the seourity depo*, (4) sign an assumption of all leases then In effect;and (5) execute and d@liver any notices, statements, certfticates, or other documents required by this contract or law necessary to close the sale, } F. Unless the pariles agree otherwise, the clasing documents will be as found in the basic forms in the current edition of the State gar of Texas Real Estate Forms Manual without any addilional clauses. 11.POSSBSWON,Seller will deliver p y y g g ; In its possession of the Pra eri to Buyer upon dosing and funding of this sale f present condition with any repalre Ssilar*is obligated to complete under this contract,ordinary wear and tear excepted.Any possession by Buyer before olosing or by Seller after closing that is not authorized by a separate written lease agreement is a landlord-tenant at sufferance relatlonstr(p t)stween the parties. f (TAn,1802)4.1.14 PW7CIT 13 s P,ca,coc►,tnenra�trrrsioateerorauwwwrtow,rm�.waiQr,�aota���,.e„ 172.E6Rhrra t I I E i t , f t 132.168 Aoxes, Righxay 79 & Raney Font: Blvd., Comma/dal contract-UNMPtowd propeltyroncernhy hound 12opU 12.SPECIAL PROVISIONS:Tho folloMng spacial provlslons apply and will control In the event of a conflict with other provisions of this contract.{If special provJsions ary contained in art Addendum, Identity the Addendumhare and reference the Addandurrrlrr Paragraph 22a) Son abtaohod speoial provia30tts Addendum. 13,SALES"PENSkSt gllAr'R t ensem:SQ11 rYrlO payy for 1110- bilowing at or before closing; (1) i feesea' f" sA0 Items,vitt©P lhatt iltiise:llana aesume+l by 6iryar,Includlnp prepayment p�n�}ties and reca�ijig.foes; 2 noteasa of Seller's loan liability,if applicable; 3•tax slatemerde-or cortificates; 4 preparaon ohho dood; one-half of any.escrow fee; S costs to record any documents to cure title obJeolions that seller must cure;and other expanaas that Salierwill pay under other provlslons of this contract. B, AMCe E aansae-Buyer will pay for the following at or before closing: �213� all loan expenmos and fees; preparation of any deed of trust; fecording fear for the dead and any dead of trust; (4) prvmfums for flood Insurance as may be required by Buyers tender; (6)one-half of any escrow fee; (6) other expenses that Buyer will pay under other provisions of this contract. 14.PRORATt $: A. -pf4F-aUan : (1)�Rterest-en-aRy-assurnsd-tem;-taxes;-its,aq�y-�ygense-relrr•}bareQr�Rts-#rssn°tet�r�ts-wilt-be- prefaled-lhreuglt•ti�eaiesing�ate. (2)tithe arneaRt of ad valgrem•taxes foHht�yeAr-IR whitfr ltrn sale eloses rs not-avatFabla eR-the�tos3flg- datertaxas-will-be-prsFated•ott-tt}ebaels-of-tax���__..,..,sd.lR-t#�-pr�vteatTyear:-if'-�e-taxee-f@r�e- yaar-in-�vhislt-the-sal R}oaRt�rorated-al-olesint,;-, thew . t�rereti�;e„�he-•41x-statent�re-year•-ta-vr�}c�-the-sakes-et P�€#�p�4A(�t}tawdves-elesiRg �e-.a=.rafla 's- (3) 1F-(sayer-aeauntes-a-tatan-ar-i�.faklag-the..F�Br#y�ybje�-t@-a�g.}ia�;{er-+,vitt-ttartcsfef-ail- ei{ar ar-MF i payrn@Rt-et tax m4;T nd--other B `Bay@f-at-e Rl-retrnburse-•Saoh•amotrr;ie-to-Seller-by-aR-�prep►1ate. r�d}astfn9Ht-at-sl@sdr�. l3. Rellbaerc- er @traRge he-ase-ehthe-Rrepel#y-befere clasin"Hf-a-dental-ef-a-cfpeelal. valuatlaft-an.�le�ap{�ad�}r-Sellar-results-its-1#s-assessiraeRt-vf add111onaf-texes�eRaltlesr-er- tl#f8-&8te^eF l3{:t1f @F , @�'�4&lrtg;-the-685B55ti18n�5wilI-X30-t{fB-t3fJltQati4#3-9f-ilt d6-�$f9rC�• r @{@siRg-ih�errts will be# get eloslrrg resat #�c''e;sli$p -9ayef�i5-l�ra�grat3la�.�.elrFyliFes.-ei@sf{}g, C. f2ant en¢SeNdlY t? M its:At closing,Seller will tender to Buyer all security deposits and the following advance payments received by Seller for periods. after closing; prepaid expanses, advance rental i (TAR•1802)4.1-14 -Popo 8 of 13 hOC1Uo0 thA tpPtrtcYDJ 2GlJFs yta70r�-anuli Rsto.True.lie newl3{yy,. 131.168ACid f a32.16e Actoo, Highway '19 6 Kermey Fort Blvd., Conunordal Contract-trnlmprove�Property wncamrng oiund Ram„ ,T payments,and other advance payments paid by tenants,Rents prorated to one party but received by the other party 011 be remitted byy the recipient to the psrly to whom If was prorated wllhin 5 days after the rent is received.This Paragraph 14C survives closing. M DEFAULT; A. �€- r�Frt1��- rlt#itrinv � r �lt-�n� s�u�>; sall�rr, ry - �! a-sf>�ailtaKar�tanss�-er-seek ouei��'s;-reltbfae-me y-�e-praul�e�by-Iaw: B. •if,�yit�.Drat-�►1�SeRvr-fs-urlab�v11it1rHl�e-tktie�Igwdtsiitre�t#e-cra#bppal-eo�lfisetae:strwey-�-the- �epir�,'lt�e' ycir-pta�; ('i)•te'mxfii� ' ii+e-tita�antus{- ►�s5:-tepe�eparrde}it-ea�l�teradorr--eridor- (2) .. s3 g�vilt�a•eid�eeessarlr, . �t8e#r�es#?triad it er $rapt Cr&If 8ellerfats to comply with thls controot,Seiler is in dofayJt and 8lryer may; cont root, tetrninate this contract and receive the eamest money, less any Independent cortolderatlon under Paragraph 78(1),as liquidated damages and as 6 er's sole remedy;or (2)e.nlorce specifla performance,or Tse t-suaEt�ther 18.CONDEMNATION: If before closing, condemnation proceedings are commenced against any part of the Property,Buyer may; A. terminate this•contract-by providing written notice to Seller within 15 days after Buyer Is advised of the eondemnatlon proceadingo and the earnest money, less.any Independent consideration paid under Paragraph 78(1),will be refunded to Buyer;or B. appear and defend in the condemnation proceedings and any-award v4fl,at Buyer's election,belong to: (1)Beller end the sales price vAll be reduced by the some amount;or (2)Buyer and the aeles price Wil-not be reduced. 17.A'TTORNEY'S FEES: If Buyer, Setter, any broker, or the title company Is a prevailing party in any legal proceeding brought under orwith relation lo,ihis contract or this transachon,such party is entitled to recover from the non-prevalling parties all costs of such proceeding and reasonable attorney's fees.This Paragraph 17 survives termination of this contract. 18,ESCROW: A At dosing,the earnest money wilt be applied first to any cash-down payment,then to Buyer's closing casts, and any excess will be refunded to Buyer, if no glosing occurs, the Cillo company may require Payment of unpaid expenses Incurred*on baholf of the parties and a written release of(lability of the 11116 company from all part ea. B. If one party makes written demand for the earnest money, iiia title company will give notice of the demand by providing to the other party a copy of the demand. If the title company does not receive YMen objection to the demand from the other party within 1.5 days after the dale the title company sent the demand to the other party,the titin company may&sburse the earnest money to the party making demand, reduced by the amount of unpaid expenses incurred on behalf of the party receiving the eamest money and the Bile company may pay the same to the creditors. (TAR-18M)4.1.14 Pogo 9 0113 rinxror,ca*Nms+gtg+M,cora►rasn►i41Ui0,nup.r�+4n.W01)ev:f„c+rn„ec-., I37,IG8nud 1 3 t i i i 3 , 3 132,168 Aores, Eighxay 79 & Kenney Fort: Blvd., COmmefdal Contract.Unimproved Property Vmcoming e C. The title compalty will deduct any Indepandent consideration under Paragraph 713(1)before disbursing any eernest money to Buyer and will pay the independent consideration to Seller, g D. If the title company complies with this Paragraph 18,each party hereby releases(he(itle company from all claims related to the disbursal orthe earrrest money, a E. Notices under this Paragraph 18 mud be sent by cerftd mail,rtttmlt receipt requested.Notice's to the dile company are effewvo upon rer efpi by ille:tttfe:campany: F. Any party vino wrongfully fails;or refuges tv al n a reIaaso acceptab�to the'iftle company within days atlerreceiptvftta°tttestwiilbe.Etabletoths'of}iarpatty{orf#qutte�damaaail�an auntgquaTtfl the•asrm at: {l) throb times titci arnouttt of the earnest moneyl{i�the earnant tnartey; q roattaital.le auam'ey'a feeir;arid'(tyj all discs•of autt i G. Seller I3 Buygf Inland({s)tg coniplete this traneaot[on as Apert of an ext taitge aftlke�kirtdpropos res l In' aCobrdnjtc wltii sei>iidn' 1p31 of Elie lirt@ma! etlehuo Gorier as ialndride , A!I saes Itt conhscttonwiddtlite:oiintati'.ielber3:axaltaif e:tyi1 b' Id, lb-a s�dian'f net incur pp it e d by rtS lty;The othor ppat{y will any�imwor ildbIfiiytvlth rtrOto:tha ex range;llit�partl0s agree°to coop tsfylly slid In cod t'atkti'to errar�l�go•.end t�ftt3umrnptettie exdtettgo uo ae to cor�y to tha maftCmtun•extartt•feaslbie w the tsrovletons of 5eollbn 10 1 of the In{eMid ventre soda: a chief provisions of this contmot 4 will not hr3 a;rted$d In the evanttho oontempfalari exohangeTajtsfo'oeDUr. 18.MATERM FACTS.To the baa of Sellars knowledge attd belief;(Cho,,,konly ono box.) U A. Seller is not aware of any material detects to the Property except as slated In the attached Commorclel i Property Condition Statoment(TAR-1406), ® B. Except as othetWss provlded in•thls contract,Seller Is not aware of: 1) any subsurface;.slrtrolutes,Oils,waste,$pangs,or improvements; 2) any pending orlhreatened Ililgallon,condemnation,er-assessrnel}taflectinA the Property; 3) any environmenWI hazards or cond'itfons that materially affect the Property; (A) whether the Property Is or has been used for the storage or disposal of hazardous materials or toxic waste,a dump site or landfill,orany underground tanks or.conlafnsrs; (S) whether radon, asbestos containing materials, urea•formekiehyde foam insulation, lead-based paint,taxic mold (to the extent that it adversely affoots the health of ordinary occupants),or other pollutants or contaminants of any nature now exist or ever existed on the Property; (6) any wetlands,as defined by federat'or state law or regulation,on the Property; 1 (7) any threatened or endangered specles or their habitat on the firoputty; (8) any present or past Infersiblfon of wood-desiroying insects In the Property's Improvdments; 9) any contemplated material changes to the Property or surrounding area that would malerially and detrimentally affect the ordinary use of the property; (10)any condition on the Property that violates any law or ordinance, i (Describe any oxcsplfons lO(1)•f 10)to Paragraph 12 or an addendum.) t s 20,NOTICl=s; All notices between the parties under this contract must be In writing and are effective when 1 hand-daitvered, mailed 6ycerUffed mall return rocelpt requested,or sent by facsimile transmission to the I Parties addresses or facsimile numbers stated In Paragraph 1,'Fit$parties will send copies of any notices ` to the broker reprteenling the party to whom the notices are sent, T) A. Seller also corrsents to receive any notices by e-msll at Sellar's e-mail address stated in Paragraph 1. ® B. Buyar also consents to receive any noUoes by e-mail at Buyer's a-mall address slated In Paragraph 1. I 21,t)�p�i�YtBNr e_parlros•.agrae•Io negotiate rn�orsd fntt#t-tn an•ef#oti•to-resoive-any-dtspule. rolated-ta-this-<senlras4-tttaF,Wray-aAse:�ff-t#;e�pule•.�aianet-beye�y-ne$a8a>is11;-1#te-pedis$--wdl. submit•t#to-di!pi tie-to-rrtectietfen•before resorting to ar#}itraiten eHitfgaf it squatty-$Nero t#e casts of (TAR-1802)4-1-14 Page 10 0113 ! r'�wu,ura•notrycsu��wrorcumerakwo.rrua•u�,Sxne fa+++�red•Kv 132.168�crer i 1 , 3 i t 1 132.168 Acres, Highvay 79 6 Xennoy Sort Blvd., COmnrorciol Contract•Unimprovcd Properly mncar fn8 Mound Rook TX e rnt+lc by asseptable rnedtoler��hts para ph su i�e&tertr►(nattsr}-ol t#t5 oentrasl Rlls-paragrap"oes- not-p�luda-a-parlyfrom-soeking-o�uiteble-retleNrelr►-a t=curt--aE oel�pelenljur�ls44er}, 22,AGREEMENT OF THE PAfRTjE$,, A. This contract is Wnding on the parties, their heirs, executors, re resenlativo, successors, and perW9tdd assigns.This contract to to3W construed In accordance vtlih the lawn of the Sb*.of Texpis.It any term or cat kon cd flits cxrntract shall be held to bo invalid ar unattforcaabter the remalnder of this ootrtiact'shall-not botlffacied therflby. 0, This,cojtfiaccf onty)nstlte,enlir�agreement-af Ute partleb and Mpy not ba.*j Mged exoept 4j.Vfitina. C. If this conlra.Ctla exeoqujad In a number of Ideniloal counterpbrte,each countetpart•le an orfginai and all counterparlii,colte6tiVaiy,oonstlf"ule oneagroement. 1). Addenda whlch.axo part of this contract.are:(Check aY that oppply.) l 1) Pmparty Deacrlptlon exhIbf-I0wWftasl.frt Paragraph;; 2 Cammettblaj G ntract hiiitincirOddoodunt(TAR7031}; t� a eorrsr6agiai Property Condtdan.st WdM(TAR-14ga); Commerciel-061nM Adddndu n fcr 50e61ai Pmvisions(rAR-JW); 0 16 Notice.fo Puruhaear of Real Property We Mar D1610-'(MUD); C (ti Addendum for Coastal Ajea Proporiy(rA11t1916); U Addendum for Property Located Soavnlr�d of the.Quit intracoaaW.Watetvvay gAR-1916); w (8) Information About 8roke rega Services('CAR-2601);and i l_ 9 $aeo��X exov3 slang 2utdorid�ua I'VO:GOUIfdIIllOflAo TOrOIA hyn orREALT4RS0rrAfV hod1I9I8TAt'RPd rhR1 of rhDrOwgvbxr 8LRr017C8�51'1It1i plU prahStd$8rpd fho Toxon Roo!r;alero ContMfssfon(rhEa)orpub,*'sADd byTARora approprnfQ rordsv wf�uJiFamJ . $d}'eF C] I�l�tr'r ,„ ems,(�hi�G4�fi�st f�rtiy t�t@ �} oyer ovlll obligeehtiane-an$- liabilily-ef Buy�rtidtintjlts oentrasf. i 23.TIME: Time is of the essence in this contract. The parties require strict compliance with the times for performance. if the last day to perform under a provision of this contract falls on a Saturday, Sunday, or legal holiday, the time for performance is extended until the end of the next day which is not a Saturday, Sunday,or legal holiday. 24.ErFECTIVE DATE; The effective date of this contract for the purpose of performance of all obllgatlon6 fs the date the title company receipts this contract after all parties execute this contract. 26.ADDITIONAL NOTICES: A. Buyer should have an absiract covering the Property examined by an attorney of Buyer's selection, or Buyer should be rumiBhed vrilh or obtain a title policy. B. If the Property is situated In a utllfly or other statutorily created disirlot providingg water,sawer,drainage, or flood control fadlifies and servtcros, Chapter 49, Toxas Water Code, roqulres Seller to deliver and Buyer to sign thestatutory notice relating to the tax rate,bonded Indebtedness,or standby fees of the district before final execution or this conimcl. C, Notice Required by§13.257, Water Code; "The real property, described below, that you are about to purchase may be located In a certificated water or sevier service area,which Is authorized by law to provide water or sewer service to the properties in the certificated area, if your property Is located in a certificated area there may be special costs or charges that you wOl be required to pay before you can I (TAR-1802)4-1 X14 pngo 11 of 13 3•a+roiarAryc�toJa miol Am LU W3a Flaw ma-4a10M�, ,� 132.16E Atte I52,I86 Aama, HjSbwjjy 71) 45 Kwulay vert Blvd., Cammotcrai Coabacl-Unlnrp�arod f�arEY'tonwrmng �a,,,a�, � rsc&v walsr or 681W service TtlaM Muy bo A Parton required to conslrual lin"or alher fadllitao nacassary la provide W010r Or sevtar"PACO to yaur.prOMly.You are advbed.IU dalamibto I the Property is to A tark}t#catad.area Wnf.+ontacl the tdlGty senitc�pr4wdor.to d0Wrrntrto ihs deaf the yell will W roquhei to tint((titan ppartod if-any,(tial Is r uyad to:provl tv>3ter ar oBwer asrvt to your PruAerlY•i7fn u rigid purdiaaer teraDy-aftoxfit+. teaelp3 Of."rmgpfng rawat 4r beCoro the uxtrartiart of aA centred for the pw�tt�ao oC. .'rr p er#j►ties,' Se r the rt or or to cloaing of puro mse of the rout propsrly."The real property is dosgtbw to�em�rph�$t title raantraoi, t3. it t}to Property tttlloinFs er etturea.a common boundary with the lfcialty tirliuvnoett eubmwgaot tends of#tf3i otate,&38,113 of the TWs K3 Wral PtMuraaa Gods raquiro A hada$rega.ft oOUW area prsosty to be W!Wed as part of Urb aaDbna ' E. !f Efts PMwly Is taaatad seaward of the Gulf fniracmoa W Walameiy,@S1.06,Texan Natwaf liose rma Coda,requhD to notlDa ragtuding the seaward 100010 of the t'mM to be tnoluded oa plot of this aontrac. F. Ir Me PmpsftY to ladled outsWo the amfte Ole muntd y ittn Proparf�'rmYY t or(afar ba lnotµ¢ptt in the aktra terrltoSal, uilotwn tin t of a municipailon riow pr tatQr tse to annaxatlosi by ttre rrtunttsipal}fy. dt muntot mhttttaT a map that ctoisk .ha'fso+ W61fC* Ond M'3. To dDatarirlln�P tltp Ptalset�►lh�oost�d�a muri(oipe�t�Mrd,t3ilyaf ohauld aon>�oiatt muntcfpaq€fea aatodtothagonota#trroxtmilyoiih Rwryfor fUrther•EftWni' len. 0, �takert}ars not 4011ROd to perform propsrty fnsppas#prts,suweyo,er�itwarir+g sUidfsts,anvironmenlul ati8H88lnetlta ar lnspti>�iana to detorm{ne compliance tv8h zoning 6aYernmanfei tu>orions,r,r talus. Buyer ahouk� etjslt Jetta to psrterm auali aarulaeo, �uyrgr s�totrtzt rovlol►r lash( btllldhtg cottea, ordlrrerra arrd alhor-a pllcab€o logy$to dotarmfne ihefr efleot an the l�ropo�y i3etootlan a[exxp�uults, y tnopac�ors;and roplrrrl�n is the csoponalWk�+at Buyer anti hot iflo hr4lters,>�fbketa.sro sot quamioa to € determine ills cretin(wartiltnasa.of hte petliea. 26.CONTRACT A8 Q3 PM-'the execdon of this t oj&aoi W the Vrat. t psdy tOrwtt IM ars after to buy or salt the Propally.Urdem the our pa.rly awopts tlttl ofirer by 6:0 P.M.,Eh ow ffma.roOna to ww(d j the Property to taouted,txt�,. .:aaobor30,?Die thsoftwlUippoearultsar�mtrsiuilepdYo{d, s READ IRIS CONTRACT CAREFULLY, 'fhs .bMkom .and agents make no ropraseritattan or recommendation as to tha to at auf#toion. ,[attat offeat,or tax cortsaquoncea d'ibfa doouinont or tr•unaaotton.CON91 Yyour01tomeySEF0 t±efgnirre. i {I 2 I 1 i VArMSM4.1.14 Page 1x or19 n,a�aas,cyv gwsr�+u�o wark+a�nay.u�rrucomaz�x )AMAt") F 1 F , r 3 1 132.18$ At=os, highway 79 & Kenney tort Blvd„ Commercial ContraU-Unimproved Prdparfy osnretnlnp _ F�)ayps7k. rax AiTORN SoIlefaaUorney:ttop Hrnrrr},{a Buyst'soltomoy:.�lrucm finrao/Axlay r�xypc�aon tianshnfrGas P1,ucn,, nna , BftR Addrasa;X90$.9riAcerrnnd anrinffa fid, !}104 Addrass;2-Rank idz£I'd;n ar Munn_- 78759 �iJ; a4on yq 53703 Phone&Faxlaia�3ne.�7xR phonal Fax:rcao�sea�s73� l E•mal;: aom 9-awl);bhgxm-ElR lay oom I Seller's attorney requests.coplea of documents, Berger's attorney requests coples of documents, notices,dnd other Informalion: notices,and other Informallow. 00 the title company sends to Seller. R1 the Ode company sends to Buyer. LU Buyer sends to Seller. l) Seller sends to Buyer. ESCROW RECEIPT The title company acknowledges regi t A. the tha Gp7rtract on this day I r (effective date); 8444 R. earnest money in Ole amount of in the form of 'mieoompa R1t. L C' A.ddrate: 1 W 6 r Le-t l sh- I ^r] 714 D 0<4W55D�Y ahem&FOX: 51 A—82 'l"7 Assionedrdonurr%bw(GFA). -NATjq 'rYbt�,ConoyLr�aWS t mAh: t F—vt A, z ril l ti C•GD Y}1 i � I f ITAt2.1802)d t•t4 page 13 of 13 w ca whrfswsagrx�.raotdFsrcnt rio�aima.i�d�u��a ua.UA= ; t 1 I i s t 2 i 7 Tract 1,119.28 A=IhA Save Aad li+csept a 1.50 Ace TYaat page 1 of 7 Treat 2,OM?Ana Tract 71na3,4 M Acre 7raet ���+�+ 7Yat4,9,771 Aot Tmm j . 3 i DSC "ION 3 I101t.A.132.1.7..A.CRR' AC.T.4R LM,SITUAT1313IN•1'HB P.A,i C)IabRl 5[J YB2t, A1sA1o.'al;»'voz CTAp1p; IMP,A. A 157.;�85 ACS `I it --AN US5i 13 ' Imo. BISON ; TRAM79i M. AND RD1D TN NO. 208704987- AM.A5 � scln us iC,ul, °xt ;1977� 1�'1`1iB:fF2ALPOI,I f C? SATO TQ C ,33BINGA 11% Aa V.Ij T CT;S�f,VEt A�Tlp'I C(Hk MMTL.MA ADAM S UF2WMON, A L< 0 A iRA C'1' AND P�#�RDED IN �IAMN'PT-lEi,Pkea.12. -Ov bF E ft AT RII tD$Off?SAIb'CUUtJ'#"Y?•A.� ACS M' AP" :2"RAC'C,. A . 580 AC-M ('t�iAG" '. ) ; AVD- A 9.77,.I Ate. t (TRACT4•} TRACT, SAID i-An ACRI3 tkkdP, AS S110V�f tlN• .Ti ACCOWANMU, BOUNDARY SURVRY. lima MORE I'ARTIM AMY � DESCRI M BY M13I"13S AM BOMOS AS iPOLLOWS: TRACE'I . � BYGD FII G at n I"iron and with `Baker-.Aleklen"cap set for Me northmt eoraor of sold 157.385 acre tract,same boing the northwest comer of a called 176.76 am tract•as described in a deed to.Gregory Stephen Carter and recorded in Moment.N6. 2010072268 of the 4ffiaial Public Recons of said County, boing on the south righ"f-way line of the Union PaIDIrl, P 01haad,for the northeast cotuer and POM OF RR NIAI(;heneof; TMNCR with the east line of said 157.385 acre [rant, same being the west line of said 176.78 acre tract,S 02°15'I.5"R for a distance of 306,45 feet to a'h"iron rod with cap found for an angle point,oa the east line of said 157,385 acre tract,same being the southwest wMer of said 176.78 acre uvA for an angle point hsreof;TRIi tCR conthluiug with the east lira of said 157,385 sore tract;same being the south line of said 276.78 acre tract,N M°30'SV'R;far a distance of$.57 feat to aa.We found for an angle point on the east line of said 157.385 arse tract,same being the notthWest cornet of a called 60,58 acre tray as deserlbed In a dead to RMest Nelson Johnson,et a1,and recorded in Aoeumant No.2003035323.of Ib6Of2%cial Public)fiords of said County; T'MNCR continuing with the east line of said 151.385 said 60 8 acre aorta tract, Game baing.the west line of s tract,S 02° passing at a distance of 2711.35 feet a W iron rad with "Bakot6MOdW,cap found,continuing for a total distance of 3M.63 feet to a calculated paint i in the cenW"M of Brushy Creek,for the soutbsast comer of said 157.385 acre tract,same being i , l t , t 5 f i i J.$0Acre T= TW2,0037A=Tkd 'Fact 3,4S8OA=7Y= Zaot 4,9.771 Aq-e JvA the southwest comDr of said 60.58 am tract, saw baltig an an&point 011 the north line of -VDh tis nom'*a df a 3vi�tt,tT�s south line oft said)157.3$5 utcact,.same tsaing•zba appmxirriats c�tvxlinc 1 ImUed 1,764 ' p:2Q1§i} 5475 of the t?ftioial'X'tibl3c',Yteoord$4f aQzd F"-folloWlagYdur(4)* 2) 3) 8 67°4W 3111W for a distance of MX00 feet to a CalouWed angle point hamot and 4) S 5310-0131"W for a dMam of 137.67 feet to a MIMI"point W for the northwest comer of said 1.764 am tract, b0bg OR the out right-of-way It= of Kenney Vert Boulevard(right-of-vq width varies),for the southwest comer hereof; THENCE through the interior of said 157,385 acre mot same being the eat right-of-way line of said Kenney Fort Boulevard,the following nine(9)courses and distances; 1) N 031 27124"W for a distance of 497.11 feet to a W'Iron rod with"Baker-Alckleif,cap so for an np)a point hereof. 2) N 869 321 W R for a distance of 58.31 feet to an iron Md with"SAM"cap found far an angle p Dint hexe6f, 3) N 03'27124"W for a distance of 244a1 feet to a W Iron and with"Baker-Afelklm"cap set for an angle Pula hereof, 4) N 19"111071 W for a distance of 376.61 feet to a W,lion rod v&h'5dw-A1oMeV1 cap so for an anos point hojeof, Sj N 261 2213741 W for a dlbianco of 1455M feet to a'J"iron rod Wltb'Taker-Alcklee cap set for an Z&point hereof, l S5 3 'ItaO 1.119.28 A=lWv,Sava ani313xccpt a 1.50A=T- ma lie 3 of 7 Trwg 2,6.047 Am Rear Uwl3,4SB0 Anro Zut IhO14,9.771 AtMTr of d} N 22°48'W'W for a dlStance of 160,31 feat.to a%a"boon rod wldl-B.44-Aleldoa"cap wt ft an an&polht hereof, 7) N26922'31vW for.a:dlstan"of,114M feartu a iron rad-.VA`Babn-Alcklen"'cap sa rowbaroA 8) X 23°'12'2SM-for a disttos bf-2.54,69 flet to a W,iron rod-with`Bakm-AiW ee rap satiFarananglepoiatha ofravd, 9) N 021?18'Ify,W ior.a d}8ww' -.of W-08.fW-to•aW'iron red wilh"BAlwr•Aick W'eV sat on the north.Ue of said 15-7 ;JV am ftw% S"Wing the:in.�eas4gn of'tltu cast rjgt-of-way luta of-said 16nnay Mist Ru*' vmd and the souW 4&-away- of stud on 1'nl UafcIRG RWiroad,for ft nnrtltwest,cttmer hereof,from which-a WcWated point for the nralhwa4cor6or of said 157.385 ante fiw 4 same being the uo.idwa t come r of a called 107.17 core Uad as.desatibed in a deed to tha 8lakax Family 1jnllted T=aad recorded iu Downmtt No. 2006053603 of the. OfOalat Pabno Records of slid County beats, S 63°35'42"W for a distances of 2191 feet; THENCE with the noft line of said 157385 aero tract,same being-the south right-of-way line of said Union Paolfio Miroad,N 630 3S'01 R for a dlatance of ZIZ- 1.70 fleet to the FOOT Olt` 11 HHGM INC hereof and containing 119.28 acres ofland. SAVE AND DXCEPT A 1,50 ACRE TRACT OF LANE)SITUATED IN THE P.A,HOLD13R SURVEY, ABSTRACT NO. 297, WIL.LIAMSON COUNTy, IEW, BBINO ALL Ole BERM TBLANDBR SUBDIVISION, A SUBDIVISION RECORDED aN CABINET$PAGE 126 OF TIES PLAT AECOMS Ole SAID COUNTY AND INA CORRMMON DtM RECORDBD IN DOCUMENT NO, 198603734$OF THB OMCIAL RECORDS OF SAID COUNTY TRACT 2 BEG1MMG at a Wl iron rod with'Baker-Aicklon"cap set on the later w6c)u of the west line of said 157.385 acre*traat and the west right-ofway itis of said 1Gemney Fort Boulevard, "B on the east kine of said 107.17 acre tract, for the north comer and � PU1N'1' OF 13W1IoIM NQ hereof, from which a caioulate'd point for the northwest i I Tied 1.119.28 Am`IVact,Save and&upia LSOAqui Tvact Page 4oN TMA z,0,037 Arra Tract Tre"3,4580 Am Tract Trao 4,9.771 Acre Thea Comer Of r=aid 157.385 am traot, 8=0 bpin&the.noWnut comer of said 107.17 am UM beam,N 021'181 10'13 for a dishing of 662,65-5eot; WMCU fi=o ftJMU[qr oFWd 157.385,am Uuct with the west right of-way line { or" N 28;1 4V 91"'t for a dbftw of 54.14&a.-to OW Iron 10 With"DdyDAMW cap set tin thp nQA qm� v of A nailed 0.Y58 a."Ama M dM'dw a doed-th-IWCUy of Round Rook and me"4i ji6mwnt NO-201104-1698 T4MCH continuing tbrough ft iii of said 151,185 gm act,wlth die MM*11 a of 0.158 am tract,-Ow jaowMS two(2)courses aa disW30W. 1) 8717°19'17"W fora dUtmWe of 59,31&0t to a Wimn rod with"Balmr-Afeld,W1 cap set for an angle point haraof,and 2) 8 620 42123"W for a distance of 8,54 ftet 0 an iron rod with"SAW cap found on the west&e of said 157.385 am tiat,saw being the out line ofmld 107.17 am tract,for the northwest oompar of sold 0,158 note UwL fbr an MP)e PDIM hereof= TUMCB with tho*"t line of said 157385 am traot,saw Wing the east line,of said 107.17 sora tract, X 020 1:81 16"W for a distance of 10&67 feet to the POINT OF MEMO hereof and containing 0,037 vm of land. TRACT3 BEGINNING at an Iron rod with"SAW'cap found on the west Due,of said 157,385 am trio[,same being the out line,of said 107.17 aore tract,for the sout1twast comer of said 0.158 a=t=4 for the northwest comer and-POINT OF BEMNING bereof, from whieb a MeWaW point for the northwest corner of said 1$7.38.5 am tract,same being the northeast corner of said 107,17am tract bum,N02018' 16"$for a distance of 858.82 f* TBENCB through the.interior of said 1:57,985 am tract, with the south line of said 0,158 am tract,the following two(2)courses and distances- 1) N 63'36132"B for a distance of 46,58 feet to a iron rod with"Baker-Aialden" cap set for an angle point huwf,and i i 'Stud 1,119,28 Asan Rw,Sava ante a"t a 1.5O Am 7W 17ap 5 of 7 That 2,0,037 Atte Tract Ttnat 3,4,650 Axa Tract Trs014,9.771 A=Trmct 2). 8 71°19'19"E for&dJstanw of 56.,41 feat to a.W1 Iron zoo V4th,$-W x-.Ajr�Clen„ cap get on tike sbuft"t tsbMU QUW0 0,15 am trncf,sake���t�g ort lila�tgest reg*0f wap line of said Kenney ft-}loDWard,for rho dart $t oortwx hexes TM.CH cont%Aft through the intortor of said 157,385 acre t vA wldA dw wast ji&h of=wfl lira}ofWdlotittey,l�3B0ulavard,g?,fi°-U'37t'BfmfadistenW.of . 3feet ton Via" Iconand With '�iatsat+.Aiaklan" t sat 1� r the nottheaat coaxer.of a caked 0;864 aet�a irtwt arid:des�llbed as TR14 4 iits.'aiil.DocGme�t Nq,201IQ41096,Elir.the east Comer hemp, TEMi (M COW=-9 through ilio Latedar Of-Mid 1s7.385 acm.ham oh.the noath line t ofiWa 6,864 araC trsl*the following ttVb 0)coins and dtsMncest 1) 818°S7123"W fora distance of 5641 fest to a W iron rod with`MavAfeklett" nag Bat for uu an,gie pointhemof,and 2) 8 63° 37° Or W for a diatmace of '59471 feet to a W, iron rod with `Baker-Aickten 1.cad set on the w"t line of surd 15.7.385 acre tract,sante hatng the east-line of said 107.17 aom tract,foi•the northwest Corner of said 8,864 aom tract, for. the southwest corner hereof, from which a 'h" iron rod found beats, i S 63"STOP W for a distance of 1.2$.feet; '1ENCE Wltlt the west>ine of said 157,385 acre tinct,same being the east line of said 107,17 sera trace, N UZ°18'16"W for n distar w of 848,86 feat to the P6*T OF y PPGTI MG hereof and containing 4.980 acres of land, a i T1tACT 4 } Bi G'NNWG at a calculated point on the west lino of said 157385 ante tract, same being the east line of said 107.17 am tract,for the southwest comer of said 0.864 acre tract,for the nortbwest comer and pOMT OF DIZOD N O hereof,hom which an icon rod with"SAM"cap found bears,S 630 37'14"-W for a distance of 1A3 Feet; 's TMC9 through the inwdor of said 157.385.acre } 0.864 acre tract,the following two(2)course and di� �� dro soutb line of seed � 2 1) N 63'37114"E for a.distance of 42BAS feet to an iron rod with"SAM"cap found far an arrglepoint hemof,and f i f i t f i 3 t i i i Tract 1,119.28 Acte Save and ExcV a 1,51)Acte Pee Page 6 of 7 Tract 2,0.437 ACM Trutt f T rnr 3,4 59D Aare Treat Tma 4,9371 AamTrM 2} Zy r911b L13fi" for a dlsta (*.of af,41 felt to aW hen.xod wltu"Buk A3cklest" MD Va.for the sod toast orau of said ti:d64 acre traot,.same being on tiro wast zlg�tt�afit�rtiy>�aF�tld•�y,�ottl0o'tt?:�rr��:fcrr.�te itttrctt�4 cora�rht : TEMB Npilnufng through the intwor of sold 157A5•aore ugo4 wto Ilia west'rtgt- df wayltna:of said'�fautt�yi?o"rtT3ouIevartid;tlz�follApting f'our•.�4j com$es.and.dis4arices: �) S.�b°?�' ') :for a die#ance of x.83 feet to•u 3!�"imu ratl.witit"lit�x{.Ainklezi" up set for a paiai.o eWaturo hareof,. 2) wlth*arc ofacW vo to the rlglrt,having.a radius of 1441M feet,an aw length of 346,03,f� a aortal angle of 0120 49' V1. and a chord which boars, S 21111-914611 R faor a distance of 30M feat to a rfa"iron rod with�Aioklien" oap set fbr apoint ofabn-taugencyhereof, 3) 8 000 0811.3"R for a distance of MIS feet to a W1 iron rod with`Baker-Aieklen" � cap set for an angle point hereo%and i 4) S 16°1.11 JY'W for a distance of 165.80 feet to an iron rad with"SAM"cap found for the northemoomer of a called 121 am tract as daxribM in a deed to the Oty of Round Rock and recorded in Doaumant No.20130490109 of the Official Public; Records of stud County,same being an angle point on the west right-of-way line of said Kenney Fort Bnnlevard,for the southeast corner boreof; TBUNCLr continuing through the interior of said 157,3$5 acre tract,came being the north line of said 12.1 acre tract,S 880 4211711 W for a distance of 267.06 feat to a W iron rod with"Baker. Aioklon"cap set on the west lana of said 157.385 acre tMot,same being an angle point oft the # (north Me of-said 12.1 acre tract, being on the east line ofa calledAQ acre tract as described In a deed to nomas-P.Ltrod and spouse,Christel fiimd and recorded iit Volume 1813,Page 540 of the OfBclal Roa6rds of said Couaty,for the most southerly southwestcorner hereof,from whfoh a W iron rod found for the southeast corner of said 4.42 acre tract bears,S 010 25' 181,13 for a t distance of 100.00 feo4 s k THENCE with tho west ilne of said 157.385 ucr e U=4 sante being the east he of said 4.12 acre tract,N O1°251 18"W for a distance of 498M feetto a W iron rod found far an ane a point on the west lint:of said 157.385 ac e.tract,same being the northeast comer of said 4,42 acre tract, � for an an01e point hereof; 1 i I C Tract I, 119,28 Acre Tract,Sava and Cxcepn a 1.50 Acre Tract Pogo 7 of 7 RYact 2,0.037 Am Tani Trim 3.4.580 Acre Tract Tract 4,9.771 Acct:Tract THE,NU continuing with the west llimof said 157,385 acre tract,snore being.the north line of said x}.42 acre h•acl,S 890 09'25"'4?V•for a distance of 319.80 feet to a rfz"iron rod Found For an angle point on the%vest line of said 157,385 acre tract,sane being the northwest corner of said 4,42 ncre tract,beintr on the cast line of said 107.17 here tract,for the most westerly southwest corner hereof; 1 r TIM NCE continuing with the west line of said 157.385 acre tract, sane being the cast line of said 107.17 acre tract, N 020 18'16"W for a distance of 369.99 feet to the POINT OF 1 BEGINNING hereof und'containing 9,771 acres or land. i Bearing basis is grid north for tine Texas Central Zone(4203)NAD 83/93 HARM Surveyed tinder the direct supervision of cite undersigned A ily 30,2014: { F r� at -at A.Nolen I•.t: e L.:,..: ..•:. i Registered Ptofessional I and Surveyor No,5589 BATCER-ATCKLE-N&ASSOCIATES,INC. 507 West Liborty Avenue Round Rock-,'rX 78664 (512)244-9620 ,•,�, i t MINO';114G.3.Oa3.2U 1 Flen�mc K;Uk07kCr5l1rd6.3•DII?_CerTpxrnsincednySeriicvs a(atlnTr•.leIl9ASuncy%l(iTF.SAND ODUNDsmhonTom WAW E e t r t t s EFt E i j}t i i ! t 1 E[ 7 r d t 1 7 — Z � � o @ VP 6 A ion SPECIAL PROVISONS ADDENDUM TO COMMERCIAL CONTRACT UNIMPROVED PROPERTY BETWEEN BISON TRACT 79 LTD AND KR ACQUISITIONS LLC This Special Provisions Addendum (the "Addendum") is incorporated by reference into the Texas Association of Realtors Commercial Contract -- Unimproved Property to which it is attached(the"Form Offer'), This Addendum and the Form Offer-may herein be referred to as the"Offer". )Buyer and Seller(who may herein be referred to-as the"parties")agree as follows: 1, Conflicts with Form Offer. In theevent of any conflict between the terms and conditions of this Addendum and.the Form Offer, the terns and conditions of this Addendum shall control. Capitalized terms used herein shall have the meaning ascribed to such terms in the f Form Offer unless otherwise defined herein, 2. Buyer's Due Diligence. Buyer,and its agents and contractors,shall have the right to access and enter upon the Property and to perform any inspections,reviews,sampling,testing, i and evaluation of the property for the purpose of determining the suitability of the Property for [ Buyer's Intended use (i.e., development of a Kalahari waterpark resort hotel and convention center the"Proposed Protect"). Buyer's inspections,testing,sampling,and evaluations,which shall be conducted at-Buyer's expense,shall be with regard to tile,environmental condition of the Property, soil conditions, utility access, ingress/egress, availability of municipal incentives, assessment of financial feasibility,availability of acceptable financing to fund the development of tite Proposed Protect,market conditions(including an evaluation of competing hospitality and i lodging businesses), path-to-development issues (i.e., when development call occur), ability to 1 enter into contracts to purchase adjacent parcels, and such other matters Which Buyer, in its reasonably exercised discretion, deems material to its decision to acquire the Property and develop it for the purpose set forth above. In addition while this Offer is in affect buyer shall have the right to make and pursue application4 for governmental approvals, permits, licenses, i zoning changes, and similar or related entitlement matters with respect to the Property '[[ ("Entitlements")provided,however, that the Buyer shall require that-any such Entitlements not I take effect until the closing occurs and if any Entitlements do take effect prior to the closing occurring then if closing shall not occur for any reason except for Seller's breach of this Offer, Buyer shall release all such Entitlements that Buyer has had issued.for the Property and which are binding on the Property and this provision shall survive the termination of the Offer. Buyer shall also have the right to engage in discussions and negotiations with governmental authorities having jurisdiction over the Property including, without limitation, for the negotiation -of development agreements, financing agreements,road access agreements, easement agreements, utility service agreements, tax agreements, and any similar or related agreements. Without limiting Buyer's rights hereunder(a)the Seller shall provide reasonable cooperation with respect to the Buyer's activities under this Section 2 including, without limitation, signing of applications for Entitlements; so long as such applications are at Buyer's cost and without liability to Seller,and.(b)Seller shall ensure that Buyer shall have access to the Property so that Buyer can conduct the activities and exercise the rights contemplated under this Section-2. I 3: Extension of Feasibility Period. Buyer shall have the right to extend the feasibility period:(as defined in the Form Offer)provided under Section 7.B of the Dorm Offer as follows: i 1 a. If Buyer deposits additional earnest money of $50,000 with the title company on or before the date that is five (5) days after the expiration of the initial 90-day feasibility period described in Section 7.B of the Form Offer, the feasibility period will be deemed extended for an additional 90 days and the 90 days inserted In the blank in Section 73 of the Form Offer will be deemed deleted and replaced.with 180 days. b, If Buyer extends the feasibility period for 90 days under the procedures provided in Section 3(a)above,then if Buyer deposits additional earnest money of$50,000 with the fide company on or before the date that is five(5)days after the expiration of the feasibility period as extended under Section 3(a)above,the feasibility period will be deemed extended for au additional 90 days and the 180 days inserted in the blank in Section 73 of the Form Offer Pursuant to Section 3(a),above,will be deemed deleted and replaced with 270 days. C. If Buyer extends the feasibility period tinder the procedures provided in Section 3(b)above,then if the Buyer deposits additional earnesononey of$50,000 with the title company on or before the date that Is five (5) days after expiration of the feasibility perlod as extended tinder Section 3(b) above; the feasibility period will be deemed extended for an additional 90 days and the 270 days inserted in the blank in Section 7.B of the Form Offer Pursuant to Section 3(b),above,will be deemed deleted and-replaced with 360 days. d, Each of the ninety (90)day extensions of the feasibility period described In tills Section 3 is an"Extension Period". The initial ninety(90)day feasibility period described in the Form Offer is the"Initial Feasibility Period". 4. Earnest t Monte. a. In Section 5.A of the Form Offer the Buyer will have 3 business days after the effective date(as defined In the Form Offer) to deposit the initial installment of the earnest money, At the closing all earnest money that has been deposited or paid over by Buyer under this Offer shall be applied to the-sales price in favor of Buyer and the Buyer shall be entitled to a credit in its favor at the closing in the amount of all the earliest money paid over or deposited by Buyer under the Offer. b, In the event the Buyer terminates this Offer pursuant to Section 73 of the Form Offer during the Initial Feasibility Period then all the earnest money shall be returned to the Buyer,less the$1,000 of independent consideration provided for in the Form Offer. In such case the independent consideration of$1,000 shall be disbursed to Seller. Inn the event the Buyer terminates dais Offer pursuant to Section 7,B of the Form-Offer during the first Extension Period $50,000 of the earnest money shall be disbursed to Seller and$50,000 of the earnest money shall be disbursed to Buyer. If the Buyer terminates this Offer under Section 7.13 of the Form Offer during the second Extension Period$100,000 of the earnest money shall be disbursed to Seller and$50,000 of the earnest money shall be disbursed to Buyer. If the Buyer terminates this Offer under Section 7.13 of the Form Offer during the third Extension Period then $150,000 of the earnest money shall be disbursed to Seller and$50,000 of the earnest money shall be disbursed to Buyer. If Buyer's failure or refusal-to close the transaction contemplated by this Offer is due 2 i to the breach or default of the Seller or the failure or.nonsatisfaotion of any condition precedent set forth in Section 12 of this Addendum for the benefit of Buyer,then Buyer shall have the right to a return of all the earnest money(whether deposited by Buyer or disbursed to Seller),less the $1,000 of Independent consideration, Buyer's rights under this Section 4(b)of this Addendum :are in addition to,and not in limitation of,any other rights or remedies the:Buyer has under this Offer including, without timitation, the rights and rdmedies of Buyer under Seotion 17 of this Addendum, If this Agreement terminates the-Buyer and Seller agree to provide Instructions to the title company for the disbursement of the earnest money in accordance with the foregoing f provisions which obligation shall survive termination of this Offer. 6. Clo igg�Date. The olosing of the transaction contemplated by the Offer shall be f on the date that is 30 days after expiration of the feasibility period. Each time one of the feasibility period extension rights under Section 3 above Is exercised the dateof the closing shall be re-determined based on the now duration of the.feasibility period, 6. o Re resenta 'ons; "As Is"Purchase, This Offer,the deed Seller Is to deliver at Closing, and- any other documents Seller is to deliver or does deliver at the Closing are collectively the"Txansaotion Doewnents", Despite anything-conlained herein to the contrary the terms of this Section 6 do not-(a) limit, modify, exclude, or affect any of the covenants, obligations, duties,representations, or warranties of the Seller contained in the other Sections or provisions of this Offer or in any of the other Transaction Documents(the"Other Provisions"); or(b)limit the liability of the liability of Seller for or under the Other Provisions. Except for the representations and warranties set forth in the Transaction Documents, SELLER MAKES NO WARRANTIES OR REPRESENTATIONS of any kind or character, express or implied, with f respect to the Property,its physical condition,income to be derived therefrom or expenses to be incurred with respect thereto, or with respect to infarmatlon or documents previously furnished [ to Buyer or furnished to Buyer pursuantto the Offer, or with respect to Seller's obligations or any other matter or tiring relating to-or affecting the same, The parties acknowledge and agree � that there are no oral agieements, implied or oral wamilies, or other representations made I between the parties that.areoutside of the written terms of this Offer or the other Transaction Documents. Notwithstanding anything contained herein to the contr survive the Closing or any termination of the Offer. , this Section shall BUYER ACKNOWLEDGES THAT,EXCEPT FOR THE REPRESENTATIONS AND, WARRANTIES EXPRESSLY PROVIDED IN THE TRANSACTION DOCUMENTS, THE I CONVEYANCE OF THE PROPERTY IS SPECIFICALLY MADE "AS-IS" AND i "WHERE-IS," WITHOUT ANY REPRESENTATIONS.OR WARRANTIES, EXPRESS OR IMPLIED, INCLUDING IMPLI) D WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY OR ANY OTHER WARRANTIES WHATSOEVER. BUYER ACKNOWLEDGES THAT EXCEPT FOR THE REPRESETATIONS AND WARRANTIES EXPRESSLY .MADE IN THE TRANSACTION DOCUMENTS, (A) NEITHER SELLER NOR ANY OF ITS AGENTS HAVE MADE, AND SPECIFICALLY NEGATE AND DISCLAIM, ANY REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS, AGREEMENTS OR GUARANTIES OF ANY KIND OR CHARACTER ! ! WHATSOEVER, WHETHER EXPRESS OR IMPLIED, ORAL OR WRITTEN, OF, AS TO, i 3 • i 1 } r r CONCERNING, OR WITH RESPECT TO, (1)THE VALUE, NATURE, QUALITY OR CONDITION OF THE PROPERTY,-INCLUDING, WITHOUT LIMITATION,THE WATER, SOIL AND GEOLOGY, (II)TIDE SUITABILITY OF THE PROPERTY FOR ANY AND ALL ACTIVITIES AND USES WHICH MAY BE CONDUCTED THEREON, (III)THE COMPLIANCE OF OR BY THE PROPERTY WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS OF ANY APPLICABLE GOVERNMENTAL AUTHORITY, ON)THE HABITABILITY, MERCHANTABILITY, MARKETABILITY, PROFITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE PROPERTY, OR (V)ANY OTHER MATTER WITH RESPECT TO THE PROPERTY,AND (B)NEITHER SELLER NOR ANY OF ITS AGENTS HAVE MADE, AND SPECIFICALLY NEGATE AND DISCLAIM, ANY REPRESENTATIONS OR WARRANTIES REGARDING COMPLIANCE OF THE PROPERTY WITH ANY ENVIRONMENTAL PROTECTION,POLLUTION OR LAND USE I LAWS, RULES, REGULATIONS, ORDERS OR REQUIREMENTS, INCLUDING THOSE PERTAINING TO SOLID WASTE, AS DEFINED BY THE U.S. ENVIRONMENTAL i PROTECTION AGENCY REGULATIONS AT-40 C.P.R., PART 261, OR THE DISPOSAL � OR EXISTENCE,IN OR ON THE PROPERTY, OF ANY ROARDOUS SUBSTANCES,AS DEFINED BY THE COMPREHENSIVEENVIRONMENTAL RESPONSE i COMPENSATION AND LIABILITY ACT OP. 1980, AS AMENDED, AND THE REGULATIONS PROMULGATED THEREUNDER, EXCEPT FOR THE REPRESENTATIONS AND WARRANTIES EXPRESSLY PROVIDED IN THE TRANSACTION DOCUMENTS, BUYER SHALL RELY SOLELY ON ITS OWN INVESTIGATION OF THE PROPERTY AND NOT ON ANY INFORMATION PROVIDED OR TO BE PROVIDED BY SELLER OR ITS AGENTS OR CONTRACTORS, EXCEPT FOR REPRESENTATIONS AND WARRANTIES EXPRESSLY MADE 13Y SELLER IN THE I TRANSACTION DOCUMENTS SELLER SHALL NOT BE LIABLE OR BOUND IN ANY MANNER BY ANY VERBAL OR-WRITTEN STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE PROPERTY OR THE OPERA'T'ION THEREOF, PURNISHED BY ANY PARTY PURPORTING TO ACT ON BEHALF OF SELLER, 7. Title Objections. a. The Buyer will have thirty (30) days after its receipt of the title commitment for the Property or Buyer's survey of the Property, whichever is later, to send to Seller any-objections it has to any mattels set forth in the title commitment or survey (the I "Objection Period")provided that Buyer is deemed to have received the survey on the earlier to occur of(i) the date of Buyer's actual receipt of the stuvey, or (ii) the deadline specified in Section 68 of the Form Offer. Buyer's notice containing Its objections is referred to herein as the "Objection Notice". The term "Permitted Exceptions"weans any matter contained in the title commitment to which the Buyer does not object in writing vvhWt}ie Objection Period and any encroachment on the Property or other adverse title matter shown on the survey to which the Buyer does not object within the Objection Period, i f s b. After receipt of an Objection Notice, the Seller shall have the option, but not the obligation, until the date That is thirty (30) days after the date the Objection Notice is received by the Seller("Cure Period"),to cure any of Buyer's objections. An objection will be deemed cured within the Cure Period if Seller either cures the objection within the Cure Period t t 4 t i 1 i I ' in a manner reasonably acceptable to the Buyer or Seller commits in writing during the Cure Period to cure the objection prlor-to or at-closinng iii a manner reasonably acceptable to Buyer. If any objection is not cured within the time periods contemplated above,then-the Buyer shall have the right to terminate Us Offer by giving written notice to Seller at any time on or before the thirtieth(301h)day after the expiration of the applicable cure period. If Buyer does so terminate this Offer then all earnest money,Iess the$1,000 of independent consideration,shall be returned to Buyer. If the Buyer does not so terminate this Offer then (i) any matter shown on the title commitment, and (H)any encroachment on the Property or other adverse title matter shown on the survey, to which the Buyer objected in its Objection Notice and which has not been cured within the Cure Period shall be deemed Permitted Exceptions. Further,all leases of the Property which predate this Offer and all leases of the Property made after the date of this Offer and which were made in accordance with the terms of this Offer are the "Permitted Leases". Any Permitted Leases which have teams that extend beyond the closing date("Post Closing Lenses') shall be deemed Permitted Exceptions, The Suller shall cause the title company to issue to the Buyer at closing a title commitment showing the Buyer as the insured and as the fee simple owner of.the Property, the effective date of the policy as of the date of the closing, the policy amount in the amount of the sales price, and showing no exceptions to tine coverage of the title insurance policy other than Permitted Exceptions. If Seller commits to euro any objected to title or survey matter'in writing then Seller shall be bound and obligated under this Offer to cure such matter on or prior to the closing date and any such matter will not be deemed a Permitted Exception, c, Despite anything to the contrary contained herein, the term Pon-flitted Exceptions shall not include (i) any Monetary Liens or(ii) any leases other than Post Closing Leases, or (iii) any standard title exceptions that can .be removed by Seller providing the Aridavits and Indemnity as to Debts,Liens,and Possession in the form contemplated by Section 11(a)of this Addendum. "Monetary Liens"means any mortgage,assignment of rents and leases, construction lien, delinquent real estate tax lien (other than for real estate taxes for the year of closing provided none are delinquent as of the closing date and other than the lien of any rollback real estate taxes that would become due as a result of the change of the use of the Property due to the acts of Buyer), fixture filing, or any other monetary lien, broker lien, or collateral security document. The term Monetary Lien does not include any of the foregoing items listed in the sentence which-affect;the Property due to the acts of the Buyer, The Buyer need not object under Section 7(a) of this Addendum to any Monetary Liens or any matter described in Section 7(c)(ii)or(Iii). 8. Proration, Special Assessments and Real Estate Taxes. The Seller shall pay as they become due and no later than the closing date all the basic ad valorem real estate taxes for the Property in the amount payable under the existing agricultural use exemption ("Seller's Taxes")for all years prior to the year in which the closing occurs and a prorated portion of such Seller's Taxes for the year in which the closing odcurs. The Seller shall also be responsible for paying as they become due and no later than the closing date all penalties,late fees,and interest for any Seller's Taxes which were,.due prior to or on the closing date but not timely paid by Seller, if a tax bill for Seller's Taxes for the year in which closing shall occur has not yet been Issued as of the closing, the title company shall estimate Seller's Taxes at the closing based on the amount of basic ad valorem real estate taxes paid by Seller for the immediately preceding 5 year. The title company shall prorate the actual or estimated amount of Seller's Taxes for the Year in which closing occurs as to the date of closing behveen the parties, and such proration i sball be final and binding on the parties hereto, Buyer, and not Seller, shall pay any and all rollback real estate taxes,special assessments,standby fees,road assessments,or any other such tax, fee, or imposition, which arise after closing, or which arise before closing to the extent arising from Buyer's change of use (or intended change of use), ar application for zoning, permits,or other Entitlements,it being the agreement of the parties that Seller is responsible only for the Seller's Taxes (and relpted penalties, late fees, and interest) which it is specifically obligated to pay under this Section 8 and Buyer is responsible for all other taxes, assessments, and impositions (including without lunitation rollback taxes, special assessraunts, and road assessrneuts), The parties shall not revisit any estimated proration$following the issuance of the tax bill,regardless of any variation between tiro estimated and actual amounts. The third to last sentence of this paragraph shalt survive closing or termination-of the Offer. k 9. Special Warranjy Deed. The special warranty deed delivered by Seller at the F closing shall include a warranty that the Property is conveyed free and clear of all lions and encumbrances created during Seller's period of ownership of the Property other than Permitted Exceptions. 10. Teases. Seller represents that attached to this Addendum as part of Exhibit A are true,correct,acourate,and complete copies of-all leases(including all amendments)to which all F 3 or any part of the Property is subject prior to the date of this offer,other than any mineral leases (for which Seller makes no warranty or representation). Buyer is advised to review the Title Conunitment as to any mineral Ieases. Seller represents that the existing leases are (a) the r agricultural lease for year 2015 attached to this Addendum and(b)an oral month to mouth lease, with a monthly rental currently at sipo,with the residents named in the 2002 lease attached to this Addendum. The Seller may after the date hereof enter into additional leases affecting the Property provided that all such leases are in writing, all such leases are solely for agricultural or residential purposes,the term of any such leases after giving effect to all extension and renewal options does not exceed a-year,and Seller first obtaltts the prior written consent of the Buyer to any such leases which the Buyer will not unreasonably withhold, condition, or delay;provided, however, Buyer's consent is not required(a) as to any agricultural leases for one year or less which are required to maintain the.Property's agricultural exception for property taxes and having the following terms:the lease can be terminated by landlord upon not less than 30 days' notice to tenant and upon payment io tenant the greater of(i) all actual out-of-pocket costs of Planting any crops,or(i!)the then market value of any crop that tenant has planted in that year, or(b)any residential lease which is a month to month lease. All such leases shall be deemed 3 Permitted Teases and Post Closing Leases, Without limiting the Buyer's rights hereunder by enumeration,the Seller will not enter into any lease of all or part of the Property,while this Offer a is in effect, that would limit or restrict the ability of the Buyer to conduct the activities ; s contemplated under Section 2 of this Addendum, The Seller will provide the Buyer with copies Of each written lease and the terms of each unwritten lease it makes for the Property while this Offer Is in effect. s 11. Closin Deliverables, In addition to the documents to be delivered by the Seller i at the closing as described in the Form offer,at the closing the Seller sball: i 6 l 3 t 1 - i i i a. Execute and deliver an Affidavits and Indemnity as to Debts, Liens, and Possession on a customary form Indicating.there:are no unpaid debts for fixtures,equipment, or improvements relating to the Property;no construction liens or construction lien rights affecting ! the Property;no unpaid labor and materials used in the construction on the property;no leases or Parties in possession affecting the Property (other than Post Closing Leases and mineral leases ° which are Permitted Exceptions); and no purchase contracts for the Property or contracts to sell the Property;provided,however; Seller may except from such affidavit any such matters which were caused by the acts of Buyer, b. Execute and deliver such other-affidavits and certificates as are required so that the title company .oats remove the title exception on the title committnent for meeltanies liens,construction liens, and/or material suppliers liens and the general exception for tenants in Possession but which affidavit may disclose any applicable Post Closing Leases. s c. Deliver fully executed releases of all hien Documents which are needed for the Property to be conveyed at the closing free of all Lien Documents, "Lien (Documents" means collectively all mortgages,assignments ofrents and leases, deeds of trust,other collateral security documents, construction liens, meehanids liens, or material supplier liens but does not include any liens created by the Buyer. 1 12, Cgnditi6ns Precedent, -The obligations of the Buyer to take the-actions otherwise required of it at the olosing are subject to and conditioned Upon the satisfaction of each of the following conditions precedent listed below, i a. The Seller shall have delivered all the documents it is to deliver at the closing in duly executed form at or prior to the olosing date and Seller shall have cured all title objections it has committed to cure under Section 7(b)of this Addendum. b. The Seller shall have materially complied with all its other obligations to be performed at or prior to the closing. {i e. The representations and warranties of tite Seller in this Offer shall have E been true and correct at the time made. t i 13. Documents, Copies of the documents listed on Exhibit A attached hereto and incorporated herein, to the extent they are in the possession or conical of the Seller, shall be delivered to Buyer within fifteen (15)days after.the effective date. If any documents that are responsive to the requests made in this Section 13 and Mbit A come into the possession or control of Seller after the date hereof the Seller shall provide copies to the Buyer promptly. At the Closing the Seller will provide a copy of a resolution and such other documents as are i reasonably required by Title Company to demonstrate that Seller is authorized to enter into this t Offer: 14. ' Operation of the Property. Until the earlier of the closing or the termination of this Offer,Seller shall: 7 t i I i I k i I'. Status of Title. Not do anything, or permit anything to be done, that would impair, r alter, or modify the stahis of title to the Property other than recording documents which solely release liens to which the Property is subject;provided that Seller may enter into new leases in accordance with the terns of Section 10 of this Addendum, I b. Maintenance. Maintain the Property in materially the same manner and condition as immediately prior to the .effective date of this Offer and not materially alter the Property, provided however that the following will not breaches of Section 14(b); i routine maintenance, replacements, and repairs and ordinary farming activities consistent with past practices, damage and/or destruction to or of the house on the Property not caused by Seller,damage and changes caused by the elements or acts of E nature,and reasonable wear and tear, a. Amendments. Not enter into any amendment or modification to any lease,easement, I or other agreement that is binding on the Property, 1 d. Transfer. Not cause or permit transfer, conveyance, sale, assignment, pledge, i mortgage, lease, or enewnbrance of any of the ?property, other than leases made in. accordance with the terms of Section 10 of this Addendum. Not enter into any r contract or agreement for the purehase or sale of all or any part of tile Property. I Section 14(d)above will not apply to the granting to any bona fide bank or financial institution f any mortgage, deed of trust, or collateral assignment of rents and leases in the Property. Seller shall not cause or allow the aggregate-amount of all liabilities secured by the Property to exceed r eighty percent (80%) of the Sales Price provided, however, that this restriction in this sentence shall.expire once the closing has occurred. 15. Ad tse + Buyer. Until the earlier of the Closing or the termination of this 6 Agreement, Seller shall notify Buyer in writing within forty dive(45)days after Buyer receives any of the following; a. Any notice Of the commencement of a lawsuit or other legal proceedings against Seller, , i b. Any notice of any pending or threatenedproceeding in bankruptcy or insolvency naming Seller as debtor. o. Any notice of any enforcement, clean-up,removal or other governmental or regulatory enforcement action conceming any environmental contamination on the Property which is instituted,completed or threatened. I 16, Contingency Savings, The parties heroic acknowledge that buyer tivill expend material sums of money in reliance on Seller's obligations under the Offer in connection with negotiating and executing the Offer, furnishing the eamest money,conducting the due diligence ! activities contemplated by the Offer, and preparing for closing, and that Buyer would not have 3 i s . t P 1 1 1 I entev4d into the Offer withogt tho avallabliity of the rights to perform tho due diligelim ao6VIt1w ! desarlbed libioln. The pariles,therofore,agree that adequate consideration-exlsts(%addloott to tlto,gowlderatiottreferredto.1nSeollQn7,B(I)oftho)=4Offer)to•sftp&rt•eachofth0pardes' , obligatlons undor-tho Oft mid Seller and Buyer 04011 waive any and ell rights to challenge the 1 enforcenbility of die Ofter on fie basis that any of Ute-cond(tions or co�tingonoles set forth itf this Of30k are at DitY S diserellon or that qtly of the agreamenis contalned•iu the Offer are. illusory. ...._...,..._.. ..17: .....-Rema e ;. .. .. ....,_ l E a. If Buyer fails. to t[MOV oloso on fl►e purchase of the propoxty hi ttacgrdanea with the requ(retnents of tltls 060r,Buyer is in dofhulf turd Seller,as Seller's sole rwiedies, may ternritrnte-tbio Offer and xecelva the oamest nloncy as ligtuldAted damago% 1 Notwithstandiq the forogoin2, udth£ng.in ihispxovisl0rx shall MQrve to limit Seller's rlght to l pltrstta..damages.fwtn Bityer.iinderSootlon.7.CM ofthe Form.011'er,or Seofions 2 8,and of this A,ddendlun (the "Bxoludetl 1'xovis£oiW), Bgyor's liability in the aggregate when all -obligations under Buyer's Indanuuty, Memo, rcimbursoment, dama'ps, and bold hartnloss 1 obligdtions under Ilia Excluded Fiovislons are aggregated together w111 not exwd One Million 11HAoll60, Dollars($1,U0{1;00t).tl0). b. SeOdon 1;W-of the l?bra Oftr 10110116y deleted, If Selter falls to timely } eloso qn the Salo and purchase of the properfy in n0ordancc with the xequiremeats of tills Offer t or fails to timely perform qny of its oilier duties to be performed by Seller at olosing,Seller is in default.-mid•Buyee,as•its sole remedies,may: 1 f f £, termindto this Offief and receive file earnest money as l£yuldated f damages(including,withopt limitation, 01 earmst money previously disbumed to SeI£eT under 1 die terms of Seotlons 8 and 4 of this Addondwn), less any independent consideration under 1'aragrt►pil 7.8,(1);or 's t i1.'' etiforae speclfl'e perforinahe8 of this Offeri'provlded;4towovor,that t It Buyer oannotkanforde apectiio perfoh-canoe,dr elects to not do so,or if Seller shall kava sold tlto Property or granted any Interest tho* In bxwh of this Offer,Buyer vAll De.endtled to { X cover ll sgn t monY•l?fi1_t_LUnd01' the :�= of*8 Mor (lnoludip� all•cattiest.money . .�....�.._. ••p're�aoitsly t3fsbirlsc8to'Selle'r'uiidex file tefiis"df$rtot�on`s 3'aiid�#£tnis'A:ddBtidislri'tttid i��o'vexi...`_.��•�'^"' AWYMOS In the amount of fill.costs incurred or pelta Fox by Buyer in Buyer's £nape0tlons, Pa>?IQ lLIdIB,.#ltttj,.ilo Bu Qg4x+s xpjgted tq)3pyor's intontl0t We,of the l�roperiy,Including without f llmitation all attorney lees,survey costa,en inaeiin costs;tgsp on casts,testing"eoets, .. a other due dillSoneo costs miftr expenses p4a or tnourred by Buyer In connection gjth flus OfFex l (001lectivdly•11pumult Costs"), niot to exceed {o M'itllon {M ld Dollars t V. If Seiler breaohes any of the terms of Seotlons 14, 14, or ld of this Addendum•pr£ar to tba (erm£nadon of 0113 Offer or otosing the Buyer's sole and exelusive remedy prior to acquiring the property is to terfilinate this Offer,=61vo Of corniest money (including, without limitation, Any earnest ,money d£sbursod to Seller) less the independent l 9 4 } t t t t i consideration, and recover from Buyer the Pursuit Costs incurred or paid for by Buyer with the Buyer's recovery of Pursuit Costs not to exceed One Million Dollars($1,000,000.00). d. If Seller}las breached prior to the closing any of the terms of Seotions 10, 14, or 15 then once Buyer has acquired the Property, the Buyer shall be entitled to recover all damages suffered or incurred by the Buyer or the Property due to any such breach other than Buyer's Pursuit Costs, i e. Nothing in flus Section 17 of the Addendum will limit either Buyer's or t Seller's rights under Section ITof the Form Offer, 18. Indemnity f,unilgm. The Buyer shall have no liability under the Offer, including without limitation Seetion 7,C(3)ofthe.Form Offer;for any environmental,ltazardous material,soil, wetland,historical,archeological,or other condition on the Property which Buyer or any of its agents or contractors discovers in connection with this Offer so long as such condition is not actually created or caused by Buyer,its agents,or contractors. 19, Count, The Offer, acceptance thereof or any ttmendments/counteroffers with respect thereto maybe signed in counterpart and transmission by facsimile or otter form of electronic transmission-of executed copies of the Offer or such other documents(e,g,,PDF)shall be deemed delivery and such copies shall be.deemed executed originals of the Offer or such other documents, 20. Assignment, Buyer may not assign this Offer without the prior written consent of Seller,provided,however that Buyer shall have the right to assign Buyer's interest in this Offer f to an affiliate of Buyer without obtaining the prior written consent of Seller upon notice to Seller of such affiliate assignment The Buyer-acknowledges and agrees that any assignment of this Offer shall not serve to release Buyer from the obligations herein. 21. CIOSIPR Statement. If any errors or omissions are made at closing with regard to the preparation of the closing statement,the terms and conditions of other closing documents or the failure to have executed and delivered a document or instrument called for by the Offer, Seller and Buyer shall make the appropriate corrections-and payments due and owing to each other resulting therefrom, or execute and deliver such required documents or instruments, promptly after the discovery of any such error or omission. 22. Miscellaneous. In the event this Offer terminates prior to the closing occurring, the Buyer will provide at the request of the Seiler copies of any final third party inspection, testing, or sampling reports which Buyer has received from its engineering consultants, Buyer may redact, exclude, or remove from any such reports any privileged information or any information concerning any parent or affiliate of Buyer. In-addition,Buyer is not obligated to provide any market or business feasibility reports or information,market or business assessment reports or information,market study reports or information,or any simiiar reports or information to Seller, Scilers and Buyer agree that by signing below on this Addendum they are agreeing to be bound to the terms of the-Vorm.Offer and this Addendum and that no actual signatures or initials are required on the Form Offer. I I to . I- i 23. Brokers. a. At the closing the Seller will pay Summit Commercial Industrial Properties,LLC(the"Cooperating Broker")two percent(2%)of the sales price. At closing the Seller will pay Endiand Properties Group,LLC(the"Prhreipal Broker")all commissions owed to the Prineipal Broker In connection with the transaction contemplated by this Agreement. Seller shall be solely responsible for any commissions owed to Principal Broker due to the transactions contemplated hereby and will enter into an agreement,as to the amount of the commission owed Principal Broker, with Princlpat Broker prior to closing. The Seller will cause the Principal Broker to deliver at the closing a complete waiver of broker lien rights with, respect to the Property: b. The Seller represents and warrants to Buyer that, other than the Principal Broker and the Cooperating Broker Seller has not dealt with or engaged-any other broker or finder in connection with the purchase and sale of the Property to which any commission or fee could be owed on account of this transaotion. Buyer represents and warrants to Seller that, other than the Cooperating Broker and the Principal Broker, Buyer has not dealt with or engaged any other broker or finder in connection with the purchase and sale of the property to which any commission or fee Gould be owed on account of this transaction. Seller shall indemnify,defend, and hold harmless the Buyer from and against any breach by Seller of Section 23(a)above and from and against any claim for commission arising from this-transaction brought by any agent or broker claiming samc through or under the Seller. Buyer shall indemnify, defend, and hold harmless the Seller from and against any claim for commission arising from this transaction brought by any agent or broker,other than the Cooperating Broker or Principal Broker,claiming through or under Buyer. 24. Sales Price. Despite anything in Section 3 of the Form Offer to the contrary,the sales price paid at closing will be the sales price determined under Section 3.B ofthe Farm Offer rather than the price shown in Section 3,A of the Form Offer. [Signature Page Follows] t� TWo Offbr has been signed by the Buyer as of the date first writton above in this Addendum: LR, _...Kit AequIaitions•1.I:G. Sy: bTa:ne;�'oddR,N'eison Mae'. Manager Ilb Offer is'amepted by the Seller as of iho date vwrf tteu wlow: Bison�kaat 79,Xtda Dy:W Commeralai Partners,LLC,ffs gene:ai.p By: Name: StovsMahcehowsioi Utie: Mansgill . 8n1i1 Data: . i i EXHIBIT A TO ADDENDUM Documents i 1. Any leases affecting the Property and any material correspondence related to any leases affecting the Property, fi 2. Copies of any notices received in connection with anypurported or actiial violation at the f Property of any legal requirement, t 3. All material documents in the possession or control of Seller relating to status or condition of the Property, i F 4. All reports(listed below)in the possession or control of the Seller relating to the Property (the"Reports"): i r n. engineet7ng 1 b. geotechnical o. environmental d. boundary surveys or other land surveys t e. zoning E £ and other similar studies t i z 4 s i { i f s 1 1 i f E f i f 1 i - f ��4f TPXAs.AssomTIQN OP E\CALTow RESIDENTIAL LEASE AGREEMENT USG OF 114IS FORM HY PERSONS WHO ARE NPVAMBER5 OF THE TEXAS ASSOCIATION OF F1MTOR691S NOT AUMORIZEO. KaxasAssocraRun or REAVORS0,IDC,1997 NOTICE: Landlord's broker, Capital Leasing(liodnse f,!0464398 0 ,C}willvrlli not act as the property manager. Future inquires about thisease, rental payments,and security deposits should be directed to 0 Landlord's bra kergLandlord. Landldrd's broker 11 does does not have authority to bind Landlord to this Lease under another agreement or power of attorney. 1. PARTIES: The parties to this agreement(Lease)are the owner of the Property Olson Building Materials,LTi]. (Landlord)'and Kuth Anna Mopurto N Marvin MaOune (Tenant). 2. PROPERTY: Landlord leases to Tenant that certain real property known as.3301 Paint-Valley Blvd. (address)Williamson County (city) Texas (zip code) oras described on attached exhibit.togetheirwith all its Improvements including the follov/ing non-real estate Iters also described as(legal descrlplion recommended ff lease is for one year or more): (the Property) 3, TERM: This Lease commences on ti/01102 (Commencement Date) and ends on 7131162 (Termination Bate). 4. AUTOMATIC RENEWAL AND NOTICE OF TERMINATION: This lease will automatically renew on a monih-to-month basis unless either party provides the notice of termination at least thirty(30)days before the Termination Date or the and.of any renswat pariod. VERBAL NOTICE 15 NOT SUFFICIENT UNDER ANY CIRCUMSTANCES. if this Lease Is automattcdily renewed on a month-to-month basis, either patty may terminate the renewal of this Lease by providing written notice to the other party and the renewal will terminate: Q A. on the last day of the month In which the notice Is given If notice is given an the first day of the month. if the notice is given on a day other than the first day of the month, the renewal will term) a e last day of the month following the month In which the notice is given. � � XX8. on the date designated In the notice but not sooner then thirty{ 0)days after the notice Is given and, if necessary,rent will be prorated on a daily basis. 1 If neither of the above choices Is checked, box A will be deemed checked. Time is of the essence for providing notice of termination(strict compliance with dates by which notice must be provided Is required). 6, RENT: A. Monthly Rent:Tenant will pay monthly rent In the amount of $760,00 for each full month during this Lease.The first full month's rent is due and payable no later than Thereafter, Tenant will pay the monthly rent on or before-the first day of each month during this Lease. Weekonds and holidays do not delay or excuse Tenant's obligation to timely pay rent. B. Prorated Rent: Tenant will pay as prorated rent from the Commencement pato to the first day of the following month the sum of $0,0D on or before ..... ». .... ....................................... I C. Place of Payment: Tenant will pay all rent to Oison Building Materials,LTD. (name of j payee)at O Box 158.49 (address)in Houston (cpy) .exas (elate) 22 {zip) or at such other place as Landlord may designate from time to time In writing, D. Method of Payment: Tenant must pay all rent timely and without demand, deduction, or offset, except as permitted by this Lease:Time Is of the essence for the payment of rent(stilet compliance with rental due dates Is required). Tenant must pay all rent by check,money order, cashlet's check,or other means acceptable to Landlord. If multiple Tenants occupythe 1 (TAR-2001)iO-0i-97 Initialed for Identification by Tenants, and Lendlor Page 1 of 8 C g»arfedvriy Fra eeavkt[1•rt.lf sarcarr,tremAttoRrfiy PcWxSs.iti,los?LY R?tlx,Site MAW Ty.7KbJ.r6[AY)22.1116 CMrayan Ftrt4G1Y+,'45YFfetS11r5W Ttislt7ltlaYm o7 hrfectrtra[Ie'It ktrded ki tit lo:her,,j W)ytta,trill mllrsnsttntk_Un 1,70 g11 U.U.S101, prKtd OtM•23P 1� t i i i l Residential Lease concerning 3301 Palm Valley Blvd, Property, Landlord may require Tonanis to pay monthly rents by one check or draft, By providing written notice to Tenant, Landlord may requite Tenant to pay the amounts due under this Lease by bertiffed funds, E, Common Areas:Landlord is not obligated to pay any non-mandatory or user fees for Tenant's use of any common areas or facilities(such as pool or tennis courts), 4 F. Rent Increases:There will be no rent Increases through the Termination Date, if this Lease Is renewed automatically on a ) month-to-month basis, Landlord may Increase the rent during the renewal period by providing written notice to Tenant that becomes effective the month following the 30th day after the notice Is provided, 6. LATE CHARGES, If Tenant falls to timely pay any month's tent, Tenant will pay Landlord an initial late charge of $25.00 plus additional late charges of $5.00 per-day thereafter until rent Is paid In full. If Landlord receives the monthly rant by the 5th day of the month, Landlord will waive the late charges for that month. Any waiver of late charges under this paragraph will not affect or diminish any other right or remedy Landlord may exercise for 's Tenant's failure to timely pay rent(including reporting late iiayments to Consumer reporting agencies). 7; RETURNED CHECKS: Tenant will pay $25.OU (not to exceed 325)for each check Tenant tenders to Landlord which Is t returned by the institution on which It is rawrt for—any reason,pius_Inuial and additional late charg s until Landlord has received payment, ) 8, APPLICATION OF FUNDS: Landlord Will apply all funds eoelved from Tenant first to any non rent obilaattons of Tenant Including Late charges returned check charges c glge-backs for repairs brokerage fees and perlodlc utilities then to rent regardless of any notations on a check_ F 9. PETS; THERE WILL BE NO PETS, unless authorized by a separate written pet agreement. Tenant must not permit any pet, Including mammals, reptiles, birds, fish, rodents, or Insects on the Property, eves tem Crani , unless otherwise agreed by a separate written pet agreement. if Tenant vlolatec the pot restrictions of this Lease, Tenant will pay Landlord a fee of $0.00 per day per pet.for each day Tenant violates the pet restrictions as additional rent for any unauthorized pet. Landlord may remove or cause to be removed any unauthorized pet and deliver it to appropriate local authorities by providing at least 24-hour written notice to Tenant of Landlord's Intention to remoVe:the unauthorized pot. Landlord will not be liable for any harm,lnjbry,death,.or sickness to any linatithorizpd pet.TenantIs responsible and.11able for any dafnage or required cleaning to 1 the property Caused by any unauthorized pet and for all-costs Landlord may1nour In removing or causing any unauthorized pet to be removed. t 10, DELAY OF OCCUPANCY: If Tenant is unable to occupy the Property oil the Commencement tate because•of construction on the Property or a prior tenant's holding over of the Property,Landlord will not be liable to Tenant for such delay and this Lease ; will remain enforceable. Landlord will abate rent on a dally basis during any delay. If Tenant is unable to occupy the Property after the third(3`d)day after the Commencement Date because of construction on the Property or a prior tenani's holding over of € � the Property, Tenant may terminate this Lease by giving written notice to Landlord before the Properly becomes available to be t occupied by Tenant,and Landlord Will refund to Tenant the security deposit and any rent paid.These conditions do not apply to any delay in occupancy caused by cleaning or repairs. i 11, SECURITY DEPOSIT, t A. 5ecurtE De Cali; Upon execution of this Lease, Tenant will pay a security deposit to Landlord in the amount of 60,00 -'Security deposit°has the meaning assigned to that term in§92.102 of the Texas Property Code. ) No interest will be paid to Tenant on the security deposit; Landlord may place the security deposit In an Interest bearing t account and any Interest earned Wilt be paid to Landlord or Landlord's representative, Notice; §92.1oa of the Texas f Prciperty Code provides that Tenant may not'wlthhold payment of any portion of the last month's rent on grounds that the security deposit is security for unpaid rent, Bad faith violations of§92,108 may subject Tenant to liability ' up to three times the rent wrongfully withheld and the Landlord's reasonable attorney's fees. E B. Refund: Subehapter C of Chapter 92 of the Texas Property Code governs the obligations of the parties regarding the security deposit-Tenant must give Landlord at least thirty 1201 days written notice of surrerideF before Landlord Is obligated to refund or account for the security deposit, Notice;The Texas Property Code does not obligate Landlord to return or i account for the security deposit'untll 30 days after Toliaht surrenders the Property(vacating and returning all keys and access devices)and gives Landlord a written statement of Tenant's forwarding address, i C. f]educlions: i (1) landlord may deduct reasonable charges from the security deposit for: ; 1 (a) unpaid or accelerated rent; t t (TAR-200.1)10-01-97 Initialed for identification-by is:l o1Teitant� TXTEO51 —and Landlor Page 2 of 8 �a— j Cv�RCv gexnledoti.:rP+foG-kd5 ^W,11 taRaur,fam Ntoftdypl9dtb,{1_n\OW.P0.1im MI 101, 1 (Udy. 7•trid 4.`P,oS7�mFl�`.�pNivlft1=21.1141. luAeCcr4pcl°•tt lcenfedra unukn7ftyue�,�ylsrat{2n11aaYi,lifehr a'TerektNdahn orUlVd[W)Vyt1utrd:rTtts 1=21.1141. l7 a.S.C.Sto1, I orcted Oe-0=•25)] 1 P 3 3 3 i Residential Lease concerning 3304 Palm Valley Blvd, (b) late charges; (c) unpaid utilities; (d) costs of cleaning,deodorizing,and repairing the Property and its contents forwhich Tenant Is responsible; (a) pet violation charges; (f) replacing unreturned keys,garage.door openers or other security devices; (g) the removal of unauthorized locks or fixtures Installed by Tenant; (h) insufficient light bulbs; (1) packing,removing, and storing abandoned property; ()) removing abandoned or Illegally parked vehicles; (k) costs of reletting,IF Tenant Is in default; (1) attorney fees and costs of court Incurred In any proceeding against Tenant; (m) any.fee due for early removal of an authorized keybox;and (n) other Items-tenant Is.responsible to pay underthls Lease. (2) If deductions exceed the security depodlt,Tenant will pay to Landlord(he,excess within ten (10) days after Landlord makes written demand. The security deposit will be applied first to any.non-rent Items,Including late charges,returned check charges,repairs, brokerage,fees,and periodla utilities,then to any unpaid rent. 12. UTILITIES: Tenant will pay all connection fees, service fees,usage fees, and all other costs and fees for all utllliies to the Property(for example, electricity, gas,water,wastewater, garbage, telephone, alarm monitoring systems, and cable television) except the following which will be paid by Landlord: None Unless provided by Landlord, t Tenant must, at a minimum,keep the following utilities on(if available)at all times this Lease Is In effect:gas; electricity;water. wastewater;and garbage services. If Tenant falls to do so,Tenant will be in default. i 13. U$E AND OCCUPANCY; A. Occupant: Tenant may use the.Property as et private dwelling only. if Tenant falls to occupy and take possession of the Property within five(6)days of the Commencement tate,Tenant will be In default,The only persons Tenant may permit to {{ reside In the Property during-the term of'.his Lease will be(fndude names of a!!oc�cupanfs);Ruth Anne McCune,114nrvirr rinaune,AYineHa NtaCune,Michele McCune,MorgarfSprinkfa and Adam 9prinkio . Tenant must promptly inform Landlord oFany changes-In Tenant's phone numbers(home or work)no later than five'(6)days of any change, Tenant must comply with any owners'association rules or restrictive covenants affecting the Property.Tenant will ( i Pay any fines or other charges assessed-against Tenant or Landlord forviolations by Tenant of any owners'association rule or restrictive covenant. 1 1 B. _Prohibitions; Tenant may not petrnit any part ofthe Property to be used For: (1) any activity which is a nuisance,offensive,noisy,or dangerous; t (2) the repair of any vehicle; (3) any business of any type, Including-child care; (A) any activlty which violates any applicable owners'association rule or restrictive covenant; I (5) any Illegal or unlawful activlty;or F (6) other activity which wlli obstruct,interfere with,or Infringe on the rights of other persons hear the Property. C. Guests:Tenant may not permit any guest to stay on or In the Property longer than the lesser of: i . I (f) the amount of time permitted by any owners'association rule or restrictive covenant;or (2) 14 days without Landlord's written permission. 19, VEHICLES: Tenant may not permit more than 8 vehicles (including but not limited to automobiles, trucks,recreational vehicles, trailers, motorcycles; and boats)on the Property unless authorized by Landlord in writing, Tenant may not park any vehlcles•In the-yard. Tenant may not store any:vehicles on or adjacent to the Property or on the street in front f of the Property. Landlord may tow, at Tenant's expense, any improperly parked or Inoperative vehicle on or a Icrdjacent to the operty in accordance with applicable state-and local.laws. Zs. ACCESS 13Y LANDLORD: Landlord may prominently display a "For Sale or"For Lease"or similarly worded sign on the 1 Property during the term of this Lease or any renewal period. If Tenant fails to permit reasonable access under this paragraph, t Tenant will be In default, Landlord or anyone authorized by Landlord may antor the Property by reasonable means at reasonable times without notice to; f I A. inspect the Property For condition; s B_ make repairs: (TAR-2001)t0-01-97 Initialed for Identification by Tenants. 1(� _and Landlord, Page 3 of 8 I Cws>;KN OtM.rettdtn1VA11ot:ertiY4[t"rJ,tl saMifs,f[wnA[(oRetIy PiedJcls,f:G fDPI MJ.P1�etx�`.8-�Te 10l.rini T%7d01f,R�ItTB rtllshstOJif<P.1OfAotocwf[tlMffInnstd fol tntlo.Je[ron kjrX1141.1114 if Rot r'uf(trWL at6h(,�•rRty. yt[01l[tcnf[f CW[o--ti k1[ri�fULw,t�.>refV1a5;CG n'tdA rcwly Tlk l7 U,S.C.flof, ttilcJ O[-q-7�� a 1 i f E Rosldontlel Lease concerning 3$01 Balm Valley DIVd, C. show the Property to prospective tenants, Insdranca agents; prospectivepurchasers, inspectors,purchainspectors, fire marshals, lenders, appraisers, or D. exercise a contractual or statutory lien; E. leave written notices;or F. selze nonexempt property after default. 1 16. KEYBOX AUTHORIZATION: A. NOTICE:,q keybox is a looked container in Uintah a key to the Property Is placed.The keybox may be placed on the Pro err # and opened with a special key, combination, or electronic card. Kayboxes make-it more convenient for the Property o be shown or repaired.All persons giho have the special keys, ' of a keybox Involves risk(such as unauthorized eni y 'perry da ions,or card may may have access to the Prriroperty,The use Tenant should: ((} safeguard and/or remoVa all Je v�el�and valuables (il}d(scu$saadInjury), an ages andkdlsadvanfaauthorized the keybox with real estate professionals, tnsrrrance agents, or attorneys; ani(lii) obtain persona( property Insurance. Check f alfa: ; t t C1 (1) Tenant authorizes Landlord, Landlord's property the Property duringthe fast p p Y manager, and Landlord's broker to place a keybox v�lth a key an days of this Lease or any renewal. 70 (2) Tenant does not authorize a keybox to be placed on the Property. i B. if a keybox is authorized, Tenant may w{thdraty Tenant's authorization to place a keybox on ins Pro b written nonce to Landlord and paying Landlord a fee of for the d fee.awai.Landlord will remove the keybox within a reasonable time after receipt of the notice of wpithdrawal andthe ; required tea. ing Nlw as consideratlon C. Landlord Landlord's ro ort inane er and Landlord's broker are not res no act; ants for an damages in urles, or losses arts ram use of{he ke slbie t T pant Tenant's guests fa-ayox un ass c used Landlord's roe manager,or Landlord's brokerthe. ell encs of Lanaiord.Tenant ossa es all Isk o an loss d a s o in u I 17. MOVE;-1N CONDITION, r saip fet or health of ordi a �erao star unless ex cess sna anoted ofhen!h'1110ts the Pro irtl is LeaseIS xc Landlord has to s mat a ono exalI of ectina he t Warranties as to the ccindlflo of the Aro a and no a reeme is ave been made re a dl ut re re airs unless s ecified In this Lease. enant will co late-an i vento and Condltlon F m atlh an d fec s or de a as ata ro art a d deliver I it ll Landlord vl s n hours after the Co mencernent Da e.Tenant's failure to timely deliver Ctrs inventory and Condition Form I "o be deemed as Tenant's acceptance of the Property in a clean and good condition, The Inventory and Condition Form Is hot a request for maintepance or repairs. Tenarit must direct all requests for repairs in compUanan with paragraph 20, 4t3• MOVE-OUTE CONDITION AND FORFEiTURE-OF TENANT'$,PERSONAL,PROPERTY:Tenant will surrender the Property In the � same tnegligence, condition e, when received, normal wear and tear excepted, °Normal vrdar and tear means deterioration that occurs i Without negligence, carelessness,ace, or abuso.Tenant will leave the Propdrty in a clean condition free of all trash, occur, end any personal Property or belangings, ft Tenant leaves any I surrenders possession a the Property, all such persona[property or belongings will be forfelted to and become the property of Landlord.°Surrender"means vacating the Property and reforning�keys andaccessaccess devicesoperty Or ito Landlorgs In d Property after Tenant 1g. PROPERTYMAiNTENANCE: j i A. Teat's General Res onsib•tities: r Tenant, at Tenant's expense must: (1) keep the Property clean and sanitary; (2) promptly dispose of all garbage In appropriate receptacles; s (3) supply and change heating and air conditioning filters at-least once a month; ; (A) supply and replace light bulbs and smoke detector batteries; (6) promptly eliminate any dangerous condition on the Property caused by Tenant or Tenant's guests; (6) take precautions to prevent broken water pipes due to rraezing; (7) replace any lost or misplaced keys; c (8) pay any periodic, preventive,or additional extermination costs desired by Tenant;and (9) promptly notify Landlord of all needed repairs, s B. rd Maintenance: 13 Landlord ItK mointafning the yard. "Yard" Tenant is responsible for all yard maintenance and will use reasonable diligence in 3 other foliage on or enetoaching on {hie Iprons�shrubbery, bushes, flovrers, gardens, Trees, rock or other landscaping, and Property or on any easement appurtenant to the Property, I common areas maintained by d owners' assoelatlon. 'Yarn maintenance" mean's such things as, but is not limited to • mowing, fartllizing, ttiMming,end control of'•'a p rh', and does not Include Y rd oste Landl rd, at Landlord's treatment i)1 i ,.�viil be responsible for t (TAR-20 10-01-97 Initiated for Identification by Tenants. # :a,Piiln,le+. -1 s dlsare( �? Page4 or li s�lt}N1NrrxneeW�,sGo,�Ctj,/xmo, nnv�.tt��ly,x,rm,auoaau � Jvb ,.rK000 ,� w.rsce�;r.stnelaf. �—_and Landfo}'d��E�{ t ha r�Yad"Ir3:eandfcrUfe(o:loden H,eyet;f.vl7eifdlfyiifvalln Ura Dy K+cts7raY,ob7aiaftcJitil voq } ,—') 13nkTX ries(,rd �•Slyd j � la'uubx 76r 1Y U,s.C.ilof, i%.iReyam R'e,Y.CSV.i:15Rr,k,vx:Gea vxu a.a•7a�_ f i j+f 7 Residentlal Lease concerning 3301 Palm Wiley 131vd, for wood-destroying Insects, if any, If Landlord maintains the yard, Tenant Will permit Landlord and Landlord's contractors reasonable access to all parts of the yard and will remove any pat from the yard at appropriate tinges, Tenant will water the yard at reasonable and aonroorlote times, C. Pool or Spa Maintenance: d Landlord Tenant Is responsible for all pool or spa maintenance and will use reasonable diligence In maintaining the pool or spa. "Pool or spa maintenance" means cleaning, sweeping, and applying appropriate chemicals, Tenant will maintain Propdr water heights in the pool ors a, If Landlord maintains the pool or spa, Tenant will permit Landlord and Landlard's contractors reasbnable'access to the pool or spa and will remove any per In the yard In Which the pool.or spa is located at appropriate times" D. Crohibitlons:if Tenant installs any fixtures on the Property,authorized or unauthorized, such as additional smoke detectors, locks,alarm systems,cables, or other-fixtures, such fixtures v✓ill*become the property of th&Landlord. Except as otherwise permitted by law,this Lease,or In willing by Landlord, Tenant may NOT: (1) remove any part of the property or any of Landlord's personal property from the Property; (2) remove,change,or rekey any tock; (3) make holes in the woodwork, floors, or walls, except that a reasonable.number of small nails may be used to hang Pictures In sheotrock and grooves-ID paneling; (4) permit any Water furniture on the Property; (3) Install new or additional telephone ortelevlslon cables,outlets,antennas, satellite receivers,or alarm systems; (6) replace or'remove carpet, paints or wallpaper; (7) Install or change any fixture; (8) keep or permit any hazardous material on the Properly such as flammable or explosive materials which might cause fire or extended,insurance coverage to be suspended or oanceled or any premiums to be increased; (9) dispose of any environmentally detrimental substance(o,g.,motor oil or radiator guid)on the Properly; (10)cause or allow any moohorilds or materialman's lien to be filed against any portion of the Property or Tenant's interest in this Lease, 20• REPAIRS: A. Repairs to be Paid by Tenant: Tenant will pay Landlord or tiny repairman Landlord directs Tenant to pay the cost to repair: (1) a condition caused by Tenant,an occupant,a member of Tenant's family,or a guest or Invitee of Tenant; (2) damage from wastewater"stoppages caused by foreign or Improper objects in lines that exclusively service the property; (3) damage to doors,windows,or screens;and (4) damage from Windows or doors telt open, f3. RL-13airs to be paid by Landlord: Landlord will pay the cost to repair: (1) a condition caused by the Laniilord or the neg)lgence ofthe landlord; (2) wastewater stoppages or backups. caused by deterioration, breakage, roots, ground condition, faulty construction,or mnffuniWoning equipment;and (3) a condition thatls.not Tenant's obifgation to pay under paragraph 20A and that adversely affects the health or safety of an ordinary tenant, C. items Not to l Re sire Landlord does not warrant and will not repair or replace the following: eusa s ease as s,w oro 1s" D. All other repairs: Except for repairs under pnragtophs 20A, 208, and 20C, Tenant will pay Landlord or any repairman Landlord dlrects Tenant to pay,the,first l;o00,OD and Landlord will pay Etre remainder. of the cost to repair any condition in need of repair, E. Re air Requests and Com letlon of Re airs: Subchapter a of Chapter 92 of the Texas Property Code governs the rights and obligations of the parfles regarding repairs.All requests for repairs must be in writing and delivered to Landlord.Tenant may not repair or cause to be repaired any condition,regardless of the cause,without Landlord's permission.Ail decisions regarding repairs,Including-the completion of any repair,whether to repair or replace Abe heist,.and the selection of repairmen,will be At Landford's sole discrettbn. Landlord is not Obligated to complete a repair on a day other than at business day Unless required to do so by the Property Code, Landlord may require advance payment of repairs for.which Tenant is liable. If Tenant fails to promptly reimburse Landlord any repair costs that Tenant Is obligated to pay,Tenant will be in default, If Tenant Is delinquent in rent at the time the ropalr )iotices are given,Landlord is not obligated to Vak the repairs. (TAR 2001)10.01-97 Initialed for.1dentiflcation by Tenants: ," � and Lon d Page 5 of a p'�uCsnerdrlut}V I.itOcorind^vt,ft aoR+Irv.RanhfaRert/pia rtr,lx,IDd91Y.;;;re.6�h o.,m,k TX76055,{a00) 12•r17a Clorca'em F�st4ct,{n8xRx5UdCid lis inurtaL'w<thuoCorh,q++7Lle dttt vtairleticnh4rrdel"iM(t rtilnrtrenHe,.UstbjloY,ariteUdr o(Itoadmol inrcRW TDa t7 U.Sc,4107. oax,ocwa�z I Residential Lease concerning 3341 Palm Valley Blvd. P. Trip Charges; If Landlord or a repair person Is unable to access the property after making arrangements with Tenant to complete the repair.Tenant shall pay any trip charges incurred, 21, SECURITY DEVICES AND EXTERIOR DOOR LOCKS., A. Subchapter D of Chapter 92 of the Texas Property Code requires the Property to be equipped with certain types of looks and security devices and will govern the rights and obligatio►ts of the parties regarding security devices,'Security device"has the meaning assigned to that term In§92,151 of the Texas Properly Cods, All notices or requests by Tenant for rekeying, Changing, Installing, repairing, or replacing security devices must be In Writing. installation of additional security devices or additional relceyfng or replacement of security devices desired by Tenant will be paid by Tenant In advance and may only be Installed by Landlord or Landlord's contractors after receiving a written request from Tenant. B. If re ul ed b Subcha ter D of Cha ter 92 of theexas Pro ail Cade Land ord has rake roe t since t e date ilia fast era vacated the Pro ail o I relte the secu ed the securitydevices o the •devices es no later than seven da ys after Tenant moves Into the P err , 22. SMOKE DETECTORS: Subchapter F of chapter 92 of the Texas Property Code requires the Property to be equipped with smoke defectors or additional htscertain nal locations and will govern the rights and abifgaflohs of the:patties regarding smo{<e detectors. Requests fotallatfon, tnspectlon, drtepair of smoke detectors must be in writing, pfscohnecting or intentionally darnaging a smoke detector or removing a battery without immediately replacing It with a Texasng battery may subject Tenant to c{vil penalties and( Texas Property Code, lability for damages and attorney fees under§92,2811 of the 23. LIABILITY, Unless caused by Landlord's negligence, Landlord is NOT responsible to Tenant, Tenant's guests, family, or occupants for any damages, Injuries, or losses to person or property caused by fire, flood uttiltles,then; burglary, robbery, assault, vandalism, other persons,conditionnof theaPr Property, explosion,smoke, interruption of { environmental contaminants(e.g,, carbon monoxide, asbestos, radon, lead-trased paint, etc.), or other occurrences or casualty losses. Tenant will promptly reimburse Landlord for any loss property Nu sts family, or owl repairs or service to the property secure Tenant's own insurance-coverage for protection against such ilabill caused by the negligence or by the improper use by Tenant, Te Iles end Iossesehfs. NOTICE: Tenant should i 24, DE=FAULT AND ACCELERATION OF RENT$: If Landlord breaches'this Lease,Tenant may seek any relief provided by law, If �4 Tenant falls to timely pay all rents due under this Lease or othenvlse,falls to comply with this Lease,for any reason,Tenant will be In default and Landlord may terminate Tenant's right to occupy the Property by providing Tonant with at least three(3)days written notice. Notice may be by any means permitted by§24,005 of the Texas Property Code(such as mail, personal delivery, afffxing notice to inside or main door). if Tenant breaches this Lease, all rents which are payable during the remainder of this caused Lease or any renewal period Y411 be accelerated without notice or demand, Landlord will attempt to mitigate any damage or loss Un aid ey t and urn aid da a es a eattempting ren crtable eto-relart tc edit he ee oy t ace dese if Tenant breaches tbltenants and his Leases li nilint will be ordinglll for, I A. any lost rent; 13, Landlord's cost of reletting the Property including brokerage fees, advertising fees, and other fees necessary to relet the Property; Q. repairs to the Properly for use beyond normal wear and tear; D. all Landlord's costs assoolated with eviction of Tenant, E.. all Landlord's costs associated with callsuch as attorney's fees,court costs,and prejudgment Interest; eetion of rent such as collection fees,late charges,and returned chebk charges;and P, any other recovery to which Landlord may be entitled by law. 25• ABANDONMENT: If Tenant abandons the-Property, Tenant v4II be In default. "Abandon"means Tenant falls to provision of this Lease and is absent from the Property-for ffve.(5)consecutive days, comply with any 26, HOLDOVER: if Tenant falls to vacate the Property period, Tenant will pay rent for the holdover period-and indemnify Landlord and/or prospective tenants on Date of this Lease or tfor aend of damages,Irenewal nclud ng (est rent, lodging expenses, anti attorneys'fe up to one month by notlEying es, In the event of holdover, Landlord at Landlord's option may extend this Lease Tenant, in writing. Rent for any holdover perlod will be two(2)times the monthly rent calculated on a dally basis and will be immediately due and payable daily without notice or demand. 27. RESiDE:NTIAL LANDLORDS LIEN: andlord will have a Ilan far untla►rl Property that s i the Property and may seize suc o e g rent aoa{nst all of TonanYs hanexemoF personal the p e Cee overns he ri ts. nd obli ,tions oft e• arliesee a len Landlord's Ien.Qna d{o d t. eaecollect a c Qhapfer a fof or (TAR-2001)i0-r71-97 Initialed for identification by Tenants; P-1, F ,(�f�ff��/ (S �arYn:nkdudrpAUeCahpll^YI,11sMtr!lr,kaaFUlAellyPrasletr,rnc,lCf9t'r,P'Tt4;e,5ul1701, 1 rxlE35 �i and Landlort!`_�# Page8 of 8 ht.,rll,uoner/v4a.^cYklq•(t Ttta[ldlarulGleLJoS"QLpl:4trdI$to{41�{(!!lFll.Web/u},MrlaYabtiEAU rld0111o�► IV6 7!!lJ LldK rill 17 U9.C.slot. CWra�rin FltlLtCYln7,l'iR!!WlCtt6 p'rdld 0:-0S.Y�G: Residential Lease concerning 3301 Pnlni Veltey Elvd. ackin a at any or_i__ o e selzed I addition to an other amo is Landlord Is entitled to receive. Landlo d a sell or df s ase of an seized o ert .In addordance with t e ro4dsions of 454.04S off a Texas Pro art Code 28. ASSIGNmr--NT AND SUBLETTING: Tenant may not assign or sublet the Property without Landlord's written consent. An assignment or subletting of the Property without Landlord's written consent is voldabla by Landlord. Under no circumstances i Will Tenant be released from Tenant's obligations in this Lease by virtub of an assignment or sublease. 29. SUBORDINATION: This Lease and Tenant's leasehold Interest are and will be subject,subordinate, and inferior to: r A. any Ilan or encumbrance now or hereafter placed on the Property by Landlord; 13. all advances made under any such lien or encumbrance; C. the Interest payable on any such lien or encumbrance; D. any and all renewals and extenslons of any such lien or encumbrance; i E. any restrictive covenant;and F. the rights of any owners'association affecting the property, # NOTICE: Landlord's broker or any other broker to this'transaction has NOT receivbd any notice nor has any knowledge that Landlord is delinquent In Payment of any lien against the Property or that the Property is posted for foreclosure, 3 30, CASUALTY LOSS OR CONDEMNATION: Section 02.054 of the Texas Property Code governs the rights and obilgallons of the parties regarding any casualty loss to the Property. Any proceeds, payment for damages, settlements, awards, or other sums [ Paid because of a casualty loss to the Property will be the sole property of Landlord. For the purpose of this Lease, any condemnation of all or a part of the Property Is a casualty loss. 31. MILITARY: if Tenant Is or becomes a member of th©Armed Forces on active duty and receives change of station orders to leave the county in which the Property Is located and Tenant Is not in default of this Lease, Tenant may terminate this Lease by giving Landlord thirty (30) days written notice and a cettifled copy of the military orders. Military orders authorizing base housing do not constitute grounds far'termination unless specillcally waived. ; 32. SPECIAL PROVISIONS: 1 House is teased in"as is"oond"lon Wlthout•any oxpressed•or implied warranty. # IF children are cared for on the property,they must be the ohildron bf family MOM bars or family friends,Landlord and landlord's representatives r000rnmand no ohlld care on the property and aro$pacifically excluded fro arising from any child oaro aotivltyon the property, nt any itubllity issues TenanE acknowledges that rural lands and homes thereupon muy by}heir very nafurc pass dangers for child and adults, I Thorofare,landlord shat)not be iiablo for any situati6n or problem which is not cause d as a dtroot result of landlord's gross negligonoc. ` t 33. ATTORNEY'S FEES: Any person who is a prevailing party in any legal proceeding brought under or related to the transaction described in this Lease is entitled to recover prejudgment interest, attorney's fees, and all other costs of litigation from the nonprevailing party, t E 34, REPRESENTATiONS: Tenant's statements In this Lease and any Application for Rental are material representations relied upon by Landlord. Each party signing this Lease states that he or she is of legal age to enter into a any misrepresentation In this Lease or in any Application for Rental,Tenant Is in default. binding contract. If Tenant makes - 35• ADDENDA: incorporated Into this Lease are tite following addenda or other infontlation: A, Addendum Regarding Lead-Based palhV i l B. Landlord's Rule's and Regulatinns or Instructions; fl Q C. Owners' Association Rules; U D. Pet.Agreement; ❑E. Application for Rental; Q F. Lease Guaranty., Q G. Agreement Between Brokers; Q H. inventory and Condition Form; U I. (Other) amphlei:Vretaot Your Family From Lead in Your Homo" i t (TAR-2001)10-01-97 In1#laced for identification by Tenants, m•O�teryaean:dwty AkoCuuxt^rl.1t[eRFate tram Nt�,9eR _._and Landlofc3,�C�- Page 7 OF8 Ir tnsiaLt:+,orAAoCa�yaH"IF lcem[4ktate lo;7aNm A[eycru►pits mttnni(gz �'U jlrn,tx.Za fol, -r&ltM) ?t•tsib 7 blfl�lftU b[tilCeA Cr►[rtIIISGpy1( by u,di73Si IT U,S.C.{t0f. �'��inkfYLY.i,A54rte>U};�;Q Fr rcd Pw[.7�D2 i a i Residential Lease cdncerning 3301 Palm Vallay 13ivd, 36. AGREEMENT OF PARTIES: A. 1 nitre Agreement: This Lease contains the entire agreement t etween Landlord and Tenant and may not be changed except by written agreement, B. eindindl Effect: This Lease is binding upon and Inures to the benefit of the parties to this Lease and their respective heirs, executors,administrators,successors,and permitted assigns, C. Jolnt and several: All Tenants are Jointly and severally liable for all provisions of this Lease.Any act or notice to,or refund to,or signature of,any one or more of the Tenants regarding any term of this Lease, its renewal,or its termination is binding on all Tenants executing this Lease, D. Controtling Late:The laws of the State of Texas govern the interpretation, val(dity, pe Lease, rtormance, and enforcement of this E. Severable Clauses: Should any clause In-this Lease be found invalid or unenforceable•by a court of lacy, the remainder of this Lease will not be affected and"all other provislons of this Lease will remalh valid and enforceable, i F. AgLi r: Landlord's past delay, waiver, or non•anforcement of acceleration, contractual or statutory Ilen, rental due date, or any other right will not be deemed to be a waiver of any other breach by Tenant or any other term,condition, or covenant in this Lease, 37. NOTICES: All notices under this Lease must be delivered to Tenant at the Property address and to Landlord or Landlord's representative at: 4A, the address specified in paragraph 5(c); R B. The terms of this Lease are nagotlable among the parties, Thls.Is Intended to be a fegai agreement binding upon final acceptance,READ IT CA13EFULL.Y.If you do not understand tho effect of fhis Lease,consult,your aRcirney BEFORE signing. � Nrv,\Art— Landlord ate enant e o n a to c ' nr�a--- Date Date T nant B � Date for Landlord Tenant Date � Tenaiit Date i i I � I r i (TAR-2001) 10-01-87 .mptc,gvsnted v,5,7AUeca5arl"vt,f 1 fcR>`7n,rran NtoFta ay w«a,:u;ra,do;�,w,P.r+tne.auto tar.want TX r6?3a.ta07t»2•nts Page 8 of 8 1 iT�stnNrA�G.nnrJl.Sxoyyd�Iti«rsedrrA�)sl'o;Jotkn h:ris,eniasnctusrsfrrel'r,Vreyyofl,�ri fsettNofftBuUw,,y+Spta lr,e n,Ca TiYe t�U.S.C.{lOt. �."Yrcyrfq tr„µq\:.VnhktVlrtlka pllw P1U7Q:577 { i i i s 1 Timm ASSOCIA'l'fON Or RCALToks. � PET AGREEMENT j UScOfTWSFORl,16YP$RSO?15wt{OAREttoTAL-7AgER60FTriETE%ASASSOC!A7107REALTORMISNOTAUMDRUED. 1 efT'axarAssetto cfan orM=N.TORSc9;Inc,1897 f i 3 ADDENDUM TO RESIDENTIAL LEASE AGREEMENT CONCERNING THE PROPERTY AT 5301 Palm Valley laIyd, ! Williamson Count (street address) i u1sonijuircling aier a s,-M. (city) Texas fzlp code)between f (Landlord)and ut nne o uno ary n cuuna (Tenant). ) { A. CONDITIONAL AUTHORIZATiOM Landlord authorizes Tenant to keep any pet described in paragraph B of this Pet Agreement on the above-referenced Property until the above-referenced Lease (the Lease) terminates. Landlord, In Landlord's sole ° disbretlon,may terminatetbis authorization at any time If Tenant's right of oaoupancy Is tavtfully terminated or it Tenant,Tenant's guest,or other occupant violates the pet rules desorfbed In paragraph E of this pet Agreement, t 13. DESCRIPTION OF PCT: No pet, including mammals, reptiles, birds, fish, rodents, or Insects, may be kept on the Property unless It Is specifically described in this paragraph. • i Type,Dog Breed: Muo Heeler Weight: Color: Neutered? ems- 1 Dee'clawed? Nameeof Pet: a Name of Owner: Ary it u nne c uno Rabies Shot Current?: F yp T °'Dog Breed:Mixed Caior: f Weight: Age: Gender: Neutered? as Deolawed7 Name of pat; Name of Owner: Rry n u nne a un'a Rabies Shot Current?: 1 I Other(e.g. fish,birds,reptiles, etc,)and explain manner In vrhiait kept. E C. CONSIDERATION: In consideration for Landlords authorization to Tenant to keep any pet described in paragraph 13 on the Property,(Chock(1j,.(2),or(3),or any eombfnaffon): t (1) Tenant will pay to Landlord an additional amount of $0.00 upon execution n(this Pet Agreement as an Increase in the security deposit. The increase nth secu't de ns Is no re unda ionbIe tior to the surra de of the Propertyb a I Tenants even f the et has beena oved..Refund of the secu all of the terms and conditions sat forth In the Lease. rity deposit is subject to M (2) the total monthly rent in the Lease is increased to $760.00 yd (3) Tenant will pay to Landlord a non-refundable fee In the amount of Pel Agreement. $0,00 upon execution of tills i D, LIABILITY: Tenant is responsibie and liable for any damage to-Via Property caused b an I A Y Y Y pet, Tarrant will pay all reasonable i and necessary costs to clean, deodorize, de(fea, and repair the carpets, doors,walls, draperies, wallpaper, windows,screens, t � furniture, appliances, sod, fences or walls, landscaping, and any other part of the Property, Tenant is Ilable for an 1 Injuries or property damage to others caused by any pet. Tenant Indemnifies and holds Landlord har less for all damaons, casts of fi al o a d attar a s fees r n a01100 nrought by any ergo against L d ord related to any act of un at. Ego Tenant v ho s s this Pet A reamen Is oI tl and seve all [tette or an dame es or obll a s under this o Pet Agreement, regardless ofwho owns the oat{s,)< t F S (TAR-2004)10-01-97Initialed for Identification by Tenants: ) and Landlord�'`1 ear�weroxnkaufuaracnt,d�vs.narxare,rranAKox�zty> orris kc lc�savr;F, ,,sretai;l+u Txtcos"a;[wyatM re Page 1 of 2 TNaty;hlsCcioi.SJaCausd°i lsfuascd ttrussin:Jor�q U.,yu,s,uilsnct lrsAslsnN:.UseVJ e3S<ssls 0.liddkn�afTetlitile�tSyith� Tki:1r V.5.C.4f0f. �, CMtogvn Ft<sLtCtYr.'ltitifhsuki55:: �rNcQ64o{•X+O; 1 f l i i 3 t Pot,Agra omant Cancoviing 3301 palm Valley Blvd. (Property Address) E. PET RULES: Tenant is responsible for all actions or the pets)and will abide by the following. (1) No pet may disturb the rights,comforts,or oonveniences of other persons near the Property. (2) When outside,any pet must be confined by fences or leashes under TenanCs supervlslon at all times. (3) No pet may be tied to any-fixed object on the Property. (4) Tenant must promptly remove any petti'laste from the Property Including the yard. (S) Tenant must immediately remove any pet offspring from the Property. (6) Any pet,other than a dog or cat,must be caged at all times. (7) Tenant must comply with all applicable statutes, ordinances, restrictions, owners' association rules, and other enforceable € regulations regarding pets In effector as amended. t 0Tenant must keep rabies shot current. i (9) Tenant must abide by any amendment to these pat rules after Landlord provides written notice of such amendment to f Tenant. F. VIOLATiotd OF PET RULES: If any pet rule or any provision of this Pet Agreement Is violated by Tenant, Tenant's guests, or other occupants,Tenant wifi,upon receiving Written notice from Landlord,lmmediat6ly and permanently remove all pets from the Property. Landlord may remove or cause to be removed any pet which Is in v1oia(ion.of.this pet Agreement, not confined, or not authorized by this Pet Agreement and deliver such pet to appropriate Jabal authorities by providing Tenant with at least 24-hour written notice of Landlord's intent to remove the pet. Landlord may report any ilon-confined or unauthorized pets to tine appropriate authorities. Tenant lb responsible for any cost Incurred by Landlord In removing or causln an Landlord is not liable or responsible for an harm, Injury, y p e Y Pepto be removed, i paragraph. y ry, sickness or death of an at which is removed pursuant to this i G. ACCESS BY LANDLORD, Tenant must remove or kennel any pet at any time that the pet is likely.to limit or prohibit Landlord reasonable access to the Property as authorized by the Lease. During the last 30 days of the Lease or any renewal period, [ Tenant must remove or kennel any pet that is likely to limit or prohibit the showing of the Property to prospective tenants or purchasers. H. SPECIAL PROVISIONS, t 3 ` A 1 � i I. GENERAL: This Pet Agreement contains the entire agreement of the parties and both parties acknowledge that no other oral or written agreements relate to the pet(s). This Pet Agreement may only he modified In writing, i F The terms of tills Pet Agreement are negotlable among the parties.Thin is intended to be a legal agreement,binding upon final acceptance, READ IT CAREFULLY. if you do not understand the e BEFORE slgning. ffecE of this Agreement, consult your attorney 1i Landlord 1t1, ���4.' Date�\ ���c�-��--- �''��G���-•-!r�'•..-.. .•��-���.•� _ Tenant Ruth Anna iifldCune Marvin McCune Date 1 f Landlord Date ` Oate ( � — C. atefnl`, 2 as - '• z far Landlord Tenant Date t ! r i Tenant i Date t s (TAR-2004) 10-01-97 m,racaneTo6S7.r�yor�x:•n)1 Page 2 of 2 t"�>16S16s,�r a(i£e`a3 dfttusrelo 3yi aR.teBerryitcd:lr,t+:,�ewrr.r�iyu.srlr eyetal,udic il:taysfulHe.Uc.Ly cVV.ltllsaikfPkyd r.&M cgyi$r{4W ud:r TIH 17 V.s.C9101. � 1'�,�1r4ri1gYnT,ltF;lrlV.ka+ta 3 piled tl40r•)S)t i t 3 i({ I 4AR Trims AssooATI'ON OF.REALT OP S, ADDBNDum'REGARDING LEAD-BASED PAiNT §i01B,Residential Lead-Based paint Hazard Reduction Act For use in the lease orany resrdenual property bWR hafaro 1978. AbAENDl1M TO RESIDENTIAL LEASE AGREEMEi4T CONCERNING THE PROPERTY Al QjUj Palm Valley Blvd, 1 Ifamson County {street address} ) (city) Texas (zip code) 1 A. READ WARNING STATEMENT: Housing built before 1978 may contain lead-based paint, Lead from paint, paint chips, and j dust can pose health hazards rf not managed properly. Lead exposure is especlaliy harmful to young children and pregnant women, Before renting pre.1978 housing,tensors)Musbrds)must disclose the presence of known lead-based paint and/or lead-based pains f hazards ln'ihe dtyeping. Lessees(tenants)Must also'receive a federally approved pamphlet ea lead Poisoning t B. DISCLOSURE: p g prevention. ) t 1 (i) Presence of lead-based alnt and/or lead•hased aint hazards: (Check(a)or(h)] Q (a) Landlord knaNs of the following lead-based paint and/or lea d-hased paint hazards In the Property: 1 (b) Landlord has no knowledge of lead-based paint andlor lead-based paint hazards in the Property ) representation that the Properly is free ofloed-based paint but fs ai76ia statefnbnt of Landlords knowledge), A Y(This/s not a i (2) Records and rePorls available to Landlord' [Check(a)or(b)] 1 4 (a) Landlord has prov)ded Tenant with all available records and reports pertaining to lead-based paint andlor lead- t based paint hazards in the.Property which are listed here:Yff ° 3 (b) Landlord has no reports or records pertaining to lead-based paint and/or lead-based paint hazards In the property. C. TENANT'S ACKNOWLEDGEMENT; y " �7'enan!is!o inilla/J t F -tenant has received copies of ail informatlon Ilsted in Paragraph 9(2)(a), Tenant has feceived the pamphlet entitled Protect Your Family from Lead in Your erne, s. D. AGENTS'ACKNOWLEDGEMENT: Broker/Agent(s)have informed the Landlord of the Landlord's obligations under 42 U.S.C, 4852d and are aware of his/her responsibility to ensure compliance. Landlord must provide the tenant 111th the federally approved f and de#!on lead poisoriing prevention, complefo this addendurn, disclose any known lead-basad paint and/orhazard in the Pro err and deliver all records and reports to Tenon!peltalniitg fo lead-basad paint and/orhazards In the prodProt nty.(Al!haflrzard In}gents are to initial] p y -- E. CERTIFICATION OF ACCURACY: The follovrin ' g parties have reviewed the Information above and certify,to the best of their knowledge,that the Information they have provided Is true and accurate. "tiZl� ;u4 Landlord r Dat° ThanFRuth Anne � !� � �• ,• MoC une Datefe r4 a�� � Date Tenant Marvin McCune ' B `l Date as for Landlord i I Listing Broker/Agent Date ' Other 8rokerlAgt3nt t Dale } (TAR-2oba) 10-01-97 htpa.terp:n(tticd\Vq7 AUeCvtuN�.\Y,it tglari,frWIMr.01ftiydt"ma IrW kl .W. tire,btite tel,Host T%760iJ,(ELO)7]2•f17e Hs iraftltl'chotActeC�GtaTM lzr<et,cedfarvt�fo:lmlmMrptet.endts naltsnt(enti;,Uca Page of'1 tydl+:;e(setifJ.4ce"Uh6erciceAH6`tltw:hbtYn,t7u,s.C,itot. ' C:Prc[em Fl:rilCV:nlhRntl•3s;a ' G�ttcdOt-6(•Z�02 1 S iE 9 I 14"In WWI 0004 Resolved on TOCAS Assor-IATION.Or.RE LTORS' I APPL.ICA rON FOR RENTAL USE OF Tft FORM eY PERS4S � 0. wf10/1fl(~rtOTlIE+ABGR8 OF THE TO(p5AYSO1-IAhott OFRPALTOFtft 19 NOTAIMtQ i CTokac a+actpVogojkEALTORS9lnc%!33Y �ZEfl. I Property Address Contemplated Lease Term Contemplated Mov�vin gate How was Appiicont referred to I-Ohdlord7 Q Real a _ Estate company(narno at(phone) Newspr(nn and agent's t;ama) mt�t Usf stopped by 0:S1511 Q Other(explain) APPLICAN kea6f1h.r 3. Name: ` GCI.pPPLI�t PhoneJ(h 7; Name: 5oc, G .. P)roRe:(hDriver Date of girt a Soa.Sec, .> (wx} State OYivor G ate of 131rill o 2. Usl All P?%9sldoncas For Last 2 Years state? resrgeR�), (slart Uth current 2. Llst AY Residences For Lasl 2 Years trdiffi? nt from Appllcerrt(start with current resldonce): I Addres i� ` city,5t,Zip Address Ma Date Ma a-p t Date Oltr'St, Lanclidlq rst.0 Nja a et: Move-fn Date Phone. enf Landlord or Managet. ut Move-pDate $_ +-d Phone; Ptddress Bent s City,at,Zip APt•_____ Address f MoveDato Mate-Out Dat Phone. Cid' +ZIP Apt. Landloror d°r Manager: Move-In Date M°ve-out Date Ij Rent$ Landlord or Manager -- t'114he: I Address Rent S, city, St,Zip Mt.^ Address Move-In bate Move-Out Date` City, 6t,Z+p Apt--- Landford ar Manager: Move-ln Date Phone: Landlord or Manager: M°ve Out Date_��` Rent$ Phone; 3. Current ployer` Rents f Address: x 3, Current Employer,�.{Aj�- yv. supervf No Address; — '•V Q4eA— Phone Position Mo.IncoM Supervisor's Name � Phone Length oFEmploymenf Positiah Mo. I cont f engin°f Etn foyment Pravloclsfoy©Y: Address; PtevloUs E lob r: 1 i �^ Supervisor's Name Address: Phone °.Ina. me Supetvfs°;a Name POSPIf n --- f hPne Dates or Employment Position Mo,Inaoma -----_ (beg[ �(,nd� Dates of Em i 4. Sank at which rheoking account is l0 ted; P yment begin (and) Dank.at which savings account is located t Phone Phare Acct No. Acoi No. I (TAR-200,9)AVrx4MMtjk70-Oi-97 u:t Y4�tIKoCnfr,1 I Ice, Gpv.Il Apar.,{rvrwepsaY Ffal.Sutglmvl,PY,�4,e,Simn 1pl,rlMLrxrtN,7,+tN)St211ri 1fa�lc((unlo:.btl•-A ldh'�+rs.snit;raawerfuaM..Ur.liJdSv�h=No`t1,vicre Page 1 01`2 �r.f etp5r10h 4x asl.rTtti 7r uac.f+o i, o`Yraau�FYe.tactMn3'htr,rRhtt io r ix.a o�;�aux AppHaatlah for Rental catloernin s• Name a other pee ns wit il� ort t (Property iiddress} Name pY he property; Name Lie` __,Re(eilonship - Y"+ rf•_— Name Relaflonshtp � —�° + RelstlonshJp Age s• Will any waterbeds orveat8r filled furnitu Age­_ Will any occupant smoke In the gwellin ?C1 be Pro e XNo g o Will�Appllcant matnteln 7 Llst alt v h(tlest a renters Insurance palloy? Q Yes XNo o e P rked on the prop est(rucks,trails(s,recreational vehicles,motorcycles,b s l Type Year Make Type Yaar . Mske Lic0se No,/slae ) Year Make License No./Stafg I B• -will there be any Urense No,/State .type; - sGs on he property? Yes Q No Numlilar of Pels _ l Weight: -— Breed: Neutered? Deolowed g°""^�endar Other(e.g,fish birds,rapt les, etc.)and oxplatn n hWhich pit GUrYenE7 9• Write Yes(Y)or Na N 1 Has Appl(eanf or any other coca ant ever e ryj dub to foreuestion,I had any credit-problerng7 V preceding quesEf4ns fs Yes, explain (ettaoh additional shoals Unecessaty)e road?.�felon filed and ruptcy?� test properly been cnnvlated of a felony? If the answer to nny of the 10, If Appl(aaht Js a member or ilio Armed Forces;Has One year? pyo o Is A Applicant requested or received military Orders trahsferr1ng Applicant wilhfn ppilcant presently,serving tentpornry orders limiting App1(oent's stay to one year or less?oyes p(No t i I. WIII any Person be s)gning a 1 Qa$e Quaran#y? Q Yes q No Relationship Phone(hm) Name Address t (w@k}---�-.--. (fax) f 14 In case of btnar enay,notify. cltY}state,.7(p Relation ` Address Phone(hm) .r r city,stale,2(p " (4vk� r 13. Additional Information Representation: Applicant and Co Applicant repre$ent that the above step Information is grounds for rejection,1 ,fetrn(nation ofa)ease,and retention of monsy�enderedents rtc Landlord as I qu(Orad damages, p Providing false - Aufhorlxa$lon: Appllcahf end Co-Appll�h{authorize Lgnc{lvrd ar Ltzndlords broker to; repOtt re(oted to this application; and (2) v©rnfy any rental rd o,,story em Jo application;and(3)discuss Infatmatlon(h the consumer reportWith er nprd and L'nld(ord`s rrakler a copy of any consumer or credit ry, or any other Information related to this Fees and 00kslts:Applicant has submitted With this Applfcatlon the following to Landlord; CJ (a) a on refu�ida6ls fee of Q b a Lon;�efundtable fee or--�,.�„•,to Landlord for processing and reVlvYifngthis Application, O �c� an Appltoatf no ceposit op`forprocessing and revlew)ng InrortngfTatf related to the(ease --���In accordance Iylg)the'attached Agreement for,Appllcatlon dapos�, rr,ld-gtrao-Stgnarura ! C Appllcan#`sSignature 2. Applicant was notified of a } FOR LANpLOAr's USE ONLY by ❑ telephone, pproval' Ct ndh-approval; on(date); 2. Nemec of ersansUto whom a�ov.&of c�etvaspsctually given I ('TAR-2003) 90-01-97 u4cnanik7¢Q�r Ax•rmyitl>• i all7nl C1 1 V 't.l}6KVzfe,t7;q,q(OHl1 p I ` xcnl4q• }rrc}ortdtatuero;;oti;it t hnrf,ntN}�1f}ib 1e•�1•t01.1{v}t,Yxtwy;iwD�u.tlrn Page2of2 i trey'ens.tr�l} /at7nlrt`r �'!%adleunlccpy.sp.`tLt'aC*l.lYkh�7U.aFitu[. u4 Fttt,Fl•^aCf'.4v,� t A'rlcttt t4:9.:g72 i l l 1 S i February 25,2015 � I a Frona I Autla Johusou 6993 N.Fief 486 fiorndafe�t'i xas•-76577 1 I 512-862-.1419 _.... __ .. I 1 To: � Bison Traet 79,Ltd. t c%Steve Malachowski 3555 Lost Creek Blvd. A.usthl,Texas 78735 512-358.0901 - f _._grieultrr Ilea a-rnt•�{12Z9S-Bieo 'I1rtc �f12�t/-.acxes . . . . . . .. .. , t Wlitlamson Conn Texas I This lease is between Jpsb.Johnson,Tenant attd Aisoat Tract79,T,td Landlord referring to the- above-mentioned property, Gtttldlord leases such property to Tenant for the i P urpose of cultivation-of crops attd Tenant leases the property from Landlord for such Purpose. t [ Tite•Tenaitt agrees to ottttivate the prop'•e>;ty and will pay U.ndlord$1b.00'in rent for the year 2015. Tjte Landlord agrees that the Tenant tiviti be allowed to plant;cultivate,and ' harvest tory and all orops during the year of 2415;provided,liowovor that landlord ntay I ter>uinate this lease at any time upon notice to Tenant upon the sale of flue property if l required by the purchaser of the property, and in such case #ltls lease shall end immOdiately foltotivin9 the harvest;of the,prpps whjGh•.aCa_alrPndy planted- >¢ pttcier cttltivatiob on the property, ar the end of year 2015, whichever is sooner, Upon such notice Ten"s'"ceAs$ally fura)er planting• Tho Tenant agrees to allow the Lft0lord t7!''ltS•d�.sjgnees;tb•aCCe3S rind/or pS irvoy„thC prOpeYEY 4t Qny'tin1e WId tb t;o dttQt Fin . -... .. ..:dot.Elio:fiifitre.clevelo�ntanf_o:F.�.tto:-�o'-'-•: �'........._.._...._.._,.._.__.._. ....... .... .:... . �..........y tests �r 1 'lenartt 1.s. Dataj'r ^t J ohnson s ato Eli 5” Bison Traot 19,Ltd. —By— BY.' ..By—By: Stave Malachowski,Manager �. r ' fI 3 I s z e