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<br />Contract Concerning <br /> <br />323 N. 7th St. , La Porte, TX <br />(Address of Property) <br /> <br />Page Seven 01-06-03 <br /> <br />o Loan Assumption Addendum <br />o Buyer1s Temporary Residential Lease <br />o Seller's Temporary Residential Lease <br />o Addendum for Sale of Other Property by <br />Buyer <br /> <br />o Addendum for "Back-Up" Contract <br />o <br />o <br /> <br />o <br /> <br />Addendum for Coastal Area Property <br /> <br />Addendum for Property Located Seaward of <br />the Gulf Intracoastal Waterway <br />Addendum for Release of Liability on <br />Assumption of FHA, VA, or Conventional <br />Loan Restoration of Seller1s Entitlement for <br />VA Guaranteed Loan <br /> <br />o Addendum for Seller's Disclosure of <br />Information on Lead-based Paint and <br />Lead-based Paint Hazards as Required <br />by Federal Law <br /> <br />o Other (list): <br /> <br />23. TERMINATION OPTION: This paragraph will be a part of this contract ONLY if <br />both blanks are filled in and Buyer has paid the Option Fee. Buyer has paid Seller <br />$ (Option Fee) for the unrestricted right to terminate this contract by giving <br />notice of termination to Seller within days after the effective date of this contract. If <br />Buyer gives notice of termination within the time specified, the Option Fee will not be refunded, <br />however, any earnest money will be refunded to Buyer. The Option Fee Owill Owill not be <br />credited to the Sales Price at closing. For the purposes of this paragraph, time is of the essence; <br />strict compliance with the time for performance stated herein is required. <br /> <br />24. CONSULT AN ATTORNEY: Real estate licensees cannot give legal advice. READ THIS <br />CONTRACT CAREFULLY. If you do not understand the effect of this contract, consult an attorney <br />BEFORE signing. <br /> <br />Buyer'S <br />Attorney is: <br /> <br />Seller's <br />Attorney is: John f). Armsrrnng <br /> <br />P. o. Bnx 1:/1 R T.rI Port'",. 'T'Y 77572 <br /> <br />Telephone: (_) <br /> <br />Telephone: (281) 471-1886 <br /> <br />Facsimile: (_) <br /> <br />Facsimile: (--2lll) 471-2047 <br /> <br />EXECUTED the day of <br />(BROKER: FILL IN THE DATE OF FINAL ACCEPTANCE.) <br /> <br />. 20_ (EFFECTIVE DATE). <br /> <br />';J)fI~ ,I. CIJ~~ <br /> <br />Buyer <br /> <br />~~~ <br /> <br />Buyer <br /> <br />Seller <br /> <br />The form of this contract has been approved by the Texas Real Estate Commission. TREC forms are intended for use only by trained <br />real estate licensees. No representation is made as to the legal validity or adequacy of any provision in any speCific transactions. It is <br />not suitable for complex transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, 1-800-250-8732 or <br />(512) 459-6544 (http://www.trec.state.tx.us)TRECNO.20-6.This form replaces TREC NO. 20-5. <br /> <br />Initialed for identification by Buyer.j()) e. 0 <br /> <br />and Seller r/S1o,r <br /> <br />01A TREC NO. 20-6 <br />