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<br />096~b7~0425
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<br />property of every kind and character and description, if any, located on or attached to such land;
<br />and (Hi) all privileges and appurtenances pertaining thereto including any right, title and interest
<br />of Grantors in and to the adjacent streets, alleys and rights-of-way (such land, improvements and
<br />other property being collectively referred to as the "Property").
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<br />To have and to hold all of Grantors' right, title and. interest in and to the Property,
<br />together with all and singular the rights and appurtenances belonging in any way to Grantors'
<br />right, title and interest in and to the Property unto the Grantee, Grantee's successors and assigns.
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<br />This conveyance is made and accepted subject to any and all valid and existing
<br />easements, rights of way, prescriptive rights, licenses, leases, mechanic's and materialman's
<br />liens (both constitutional and statutory), and rights of parties or tenants in possession, whether
<br />of record or not; all presently recorded liens, restrictions, reservations, covenants, conditions,
<br />oil and gas leases, mineral severances, and other instruments, that affect the Grantors' right, title
<br />and interest to Property; rights of adjoining owners in any walls and fences situated on a
<br />common boundary; any discrepancies, conflicts, or shortages in area or boundary lines; any
<br />encroachments or overlapping of improvements; all rights, obligations, and other matters
<br />emanating from and existing by reason of the creation, establishment, maintenance, and
<br />operation of any municipal and/or other governmental districts, agencies, and/or authorities;
<br />taxes for the current and all prior years, including all delinquent ad valorem taxes affecting the
<br />Property, the payment of which Grantee hereby expressly assumes; and subsequent assessments
<br />for the current and prior years due to change in land usage, ownership, or both, the payment
<br />of which Grantee hereby expressly assumes.
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<br />. This conveyance is made without covenants, representations or warranties of any kind,
<br />express, implied or statutory, including, without limitation, those implied covenants described
<br />in Section 5.023 of the Texas Property Code. By accepting this conveyance, the Grantee agrees
<br />to assume liability for and be responsible for the payment of all ad valorem taxes and
<br />assessments on the Property that may now exist or exist in the future.
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<br />GRANI'EE ACKNOWLEDGES AND AGREES J:HAT GRANTORS HAVE NOT MADE, DO
<br />NOT MAKE AND SPECIFICALLY NEGATE Aim DISCLAIM ANY REPRESENTATIONS,
<br />WARRANTIES, PROMISES, COVENANTS, AGREEMENTS OR GUARANTIES OF ANY
<br />KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR IMPLIED, ORAL OR
<br />WRITI'EN, PAST, PRESENT, OR FUTURE, OF, AS TO, CONCERNING OR WITH
<br />RESPECT TO (A) THE VALUE, NATURE, QUALITY OR CONDmON OF THE
<br />PROPERTY, INCLUDING, WITHOUT LIMITATION, THE WATER, SOIL AND
<br />GEOLOGY, (B) THE INCOME TO BE DERIVED FROM THE PROPERTY, (C) THE
<br />. SUITABILITY OF THE PROPERTY FOR ANY AND ALL ACTIVmES AND USES WHICH
<br />GRANI'EE MAY CONDUCT THEREON, (D) THE COMPLIANCE OF OR BY THE
<br />PROPERTY OR ITS OPERATION WITH ANY LAWS, RULES, ORDINANCES OR
<br />REGULATIONS OF ANY APPLICABLE GOVERNMENTAL AUTHORITY OR BODY, (E)
<br />THE HABITABILITY, MERCHANTABILITY, MARKETABILITY, PROFITABILITY OR
<br />FITNESS FOR A PARTICULAR PURPOSE OF THE PROPERTY, (F) THE MANNER OR
<br />QUALITY OF THE CONSTRUCTION OR MATERIALS, IF ANY, INCORPORATED INTO
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