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<br />Ceb, 5. 2007 9:16AM
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<br />City ct la Porte
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<br />TExAS ASSOCIATION OF REALTORS@
<br />COMMERCIAL CONTRACT -IMPROVED PROPERTY
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<br />Us€QF~ISFORM if'( PERSON$IM-lO ARE NOTME'MaeR$OF 'l'liEiEXASASSOCIAl1ON OF REALTORS. IS NOT AUTHORIZeo.
<br />ClT_ As:sDdolIoa ot'REALTOItSlD.1Itll. ~
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<br />1. P ARllES: Seller agrees to sell and convey to Buyer the Property hdescn3 Th"bed inrtjParat 9thraph 2ntr' BUYcter agrees to
<br />buy the Property from Seller for the sales price stated in Paragrap " e pa es 0 IS co a are:
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<br />S~lIer. NEW tHE CHRISTIAN FELLOWSHIP
<br />Address: 908 West ~~in Street. La Porte. Texas 77~71
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<br />Buyer:
<br />Address:
<br />Phone:
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<br />2. PROPERTY:
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<br />A. "Property" means that real property situated in
<br />at
<br />and that is legaJly described on the attached Exhibit
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<br />CITY OF LA PORTE, a municipal c~~poration
<br />604 West Fairmont Parkwav, La Porte, Te~as 77571
<br />281.470.5017 F~ 281.842.1259
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<br />La Port'~. 1i<ilTri c; County, Texas
<br />(address)
<br />or as follows:
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<br />The office building and retail building located at 90S and 912 West Main Street. La Porte,
<br />Harris County, Texas, and being legally deacribed as Lots 9, 11, 12. 13, 14, 15, 18, 19,
<br />20, and 21, all in BloCk 52, Town of La' Porte, HArris County, Texas, according to the map
<br />or plat thereof recorded in the Office of the County Clerk of Harris County, Texas, together
<br />with a.ll illlprovements thereon situated; SAV'!- AND EXCEPT that portion of said lots, if any.
<br />cOl1veyed for right-of-way pw:poses as descn.bed in that instrument recorded in Volume 4569
<br />page 4~9 of the Deed Records of aarris County, Texas. .
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<br />B. Seller will sell and convey the Pro~ together with:
<br />(1) all buildings, .imprpvements, and fixtures; .
<br />(2) all rights, prJvile.ges. and appurtenances pertaining to the Property, including Seller's right. title. and
<br />interest in any minerals, utilities. adjacent streets, alleys. strips, go~. and r;ights-of-way; "
<br />(3) Seller's interest in all leases; rentS, and security deposits for all or part of the Property;
<br />(4) Seller's interest in all licenses and permits related to the~roperty;
<br />(5) Seller's interest in all third party warrallfjes or guaranties,if transferable, relating to the Property or
<br />anyJi~tires; . ,. . .'. .
<br />(6) $elle(s.intere$t ili any trade names, if tqrnsf~rabfe, u$eq inq;>nnection w,iththe Pl"()perty; and
<br />(T) all Sellers tangible personal property located.'on the Pr~perty thilt is used in connection with the
<br />Property's opetationsexcept pe:r:semH prppertyshownon phot.Qs attached as Exhibit "A~'
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<br />(Describe any exce:pti~~, reservations, or restrjctions i~ P?fCjgiaptJ. 11 or an addendum.)
<br />(IfthePropeityi$a.co.~ot[1!tiiLirn,attaC!1Ct;)~"!inilJ,!,~d~!~~m..). . ," jJiCF ~?('.t- I
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<br />3. SALES pFUC~: Ator ,b~fore ~OSing. BU~~~~i11 pay the following sal~s:pricefor the Proper.ty: 4?Pf?, 0 ~ ;, . 00
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<br />A. Cash portion payable. by Buyer at.dO$Jng " .... .' ,;...,.....;. . . _........$ . j,gS.OOO.oo
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<br />B. Sum. of all.finaacirigdescribed inP.aragraph 4 ""." _".... _. . '" . ..." . _. _ . .$ 0.00
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<br />C. Sales priee(slim of 3A and 3B). . . " . . . . . , . _ . " . . . " " . . . . . . . . . . . _ . . . . . . . . $ 500,000.00
<br />L(c?~ O,JD, DD
<br />/I' (CF. 4R--"
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<br />Initialed "e Ide"""'""" by Bwe$ Se..,;J&~ #
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<br />Pags 1 of14
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<br />(TAR-1801) 2-6-02
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<br />Fax:
<br />I'rcidIad'ftilhZipFcm,'" "VREFol\'ll8lfeC. u.c 1~F~ MileRaad.CIIt.....T_~io, Mlc:/1/gl1n<l8mS, ll!OO) ~9805
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