O-2020-IDA-128 Richard & Barbara Barnes

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P TEXAS ASSociAnON,QF REALTORS@ COMMERCIAL CONTRACT IMPROVED PROPERTY-' U$5 OF THIS FORM SY PERSONS WHO ARE NOT MEMSeRS OF THE TEMS ASSOCIATION OF REALTORN 18 NOT AUTHORaW, A of RgALTOFft hie V;A I. PARTIES: Seller agrees to sell and convey to Buyer the Properly described In Paragraph 2. Stayer agrees to buy the Property from -Seller for the -sales price stated In Paragraph 3. The parties to this contract are: Seller: &a orte Properties r.>L (stove xi.nais) Address: Pho, ne:. Fax: E-mail: ' Buyer, Richard and Barbara Barnes Md or agaims Address: Phone: Fa)v E-mail: 2. -PROPERTY: `A, "Property means that real property situated --in _ Harris County, Texas at 11600 8 r o to Tx... 77 1. (address) and that is legally described on the attached Exhibit _ `,LAo or as follows; See attached exhibit "A" /f 4 Aeke 13. Seller will sell and convey the Properly together with: (1 all buildings, improvements, and -fixtures; • (2� all rights, privileges., and appurtenances pertaining to the' Property; including Seller's right, title, Brad Interest in any minerals, • utilities,' adjacent streets, alleys, strips, gores, and rlghis-of-way; (3)'Seller's interest in all leases, rents,. and seourity deposits for all or part of the Property; (4) Seller's interest in -all licenses and permits related to the Property; (5)• Seller's Interest in all third panty warranties or guaranties, If transferable, relating to'the Property or . anyfixtur+es; . (0) Seller's Interest in any trade names, If -transferable, used in connection with the Property; and (7) all Seller's tangible personal properly located on the Property that Is used in connection with the - •Propetty's operstions eucept: (©ewribe any -exceptions, reservations, orrestdotiorys in PaMmpb 12 or an addendum.) - (if the Property Is a condorninlum, attach condominium addendum.) S. SALES PRICE: At'or before closing, Buyer will pay the following sales price & the Property; A. Cash portion payable by Buyer at closing... ...................:.. . . .......:$ . 7S, 000.00 .. •B. Sum of all financing described in Paragraph 4 ...... : ...... ....... ,$ 300, 000.00 C. Sales price (sum .of 3A and 3B) ................ . , ........... , , , .. $ 375, 000." a0 - (TAR-1801)10-1.8-06 lniftaled for Identification by Buyer , -.and Seiler , Page 1 of 13 - Bemes�LePorta Produeed-Mh ZloFor.W" by R5 FormsNal, LW 18026 fifteen MRD Road, Qfinton%worship. WhWil 4SW6 WANUiDf6rt 4M