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WARRANTY DEED
<br /> WITH VENDOR'S LIEN IN FAVOR OF MORTGAGEE
<br /> •
<br /> NOTICE OF CONFIDENTIALITY RIGHTS:IF YOU ARE A NATURAL PERSON,YOU
<br /> MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
<br /> FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
<br /> BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
<br /> SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
<br /> Tkik.STATE OF TEXAS
<br /> COUNTY OF HARRIS §
<br /> THAT THE UNDERSIGNED,THOMAS C.BEDFORD,a married man,not joined herein by his spouse as
<br /> the property described herein constitutes no part of their business or residential homestead, (herein called"Grantor"),
<br /> for and in consideration of the sum of 510.00 cash and other good and valuable consideration to Grantor in hand paid
<br /> by CLARK FREIGHT LINES,INC.,a Texas corporation(herein called"Grantee"),whose address is 5129 PINE
<br /> AVENUE, PASADENA, TEXAS 77503-3730, the receipt of which is hereby acknowledged, and of further
<br /> consideration of the execution and delivery by Grantee of that one certain Promissory Note of even date herewith,in
<br /> the principal sum of THREE HUNDRED TWENTY THOUSAND AND NO/100(5320,000.00)DOLLARS(herein
<br /> called the"Note"), payable to the order of CAPITAL BANK(herein called"Mortgagee"),bearing interest from date
<br /> at the rate specified,and containing provisions for attorney's fees,Mortgagee,at the special instance and request of the
<br /> Grantee,advanced the sum of said Note as part purchase price for The Land herein conveyed,the receipt of which is
<br /> hereby acknowledged,Mortgagee is hereby subrogated to all of the rights of Grantor herein;the Vendor's Lien and
<br /> superior title is hereby expressly transferred to and retained in favor of Mortgagee to secure the payment of the Note,
<br /> the same as if Mortgagee was the Grantor herein;the Note is further and additionally secured by a Deed of Trust of even
<br /> date herewith from Grantee to PAUL E.MAAZ,TRUSTEE,containing provisions for foreclosure under power of sale,
<br /> to which reference is here made for all purposes;
<br /> .HA V E GRANTED,SOLD AND CONVEYED,and by these presents do GRANT,SELL AND CONV EY unto
<br /> Grantee all that certain tract or parcel of land and all improvements located thereon(herein called"The Land"),more
<br /> particularly described as follows:
<br /> 1.9170 ACRES OF LAND (CALLED 1.9217); BEING OUT OF THAT MRS. J. W.
<br /> COPELAND 6.2404 ACRE TRACT IN THE ENOCH BRINSON LEAGUE,A-5,HARRIS
<br /> COUNTY,TEXAS; SAID 1.9170 ACRES OF LAND BEING MORE PARTICULARLY
<br /> DESCRIBED BY METES AND BOUNDS ON EXHIBIT"A"ATTACHED HERETO AND
<br /> MADE A PART HEREOF.
<br /> The conveyance is made and accepted subject to the following matters,but only to the extent they are in effect
<br /> at this time and only to the extent that they relate to The Land:The lien for current ad valorem taxes and maintenance
<br /> assessments(if any)not in default,land use restrictions,deed restrictions,covenants,easements,outstanding mineral
<br /> reservations,rights and royalties,if any,shown of record in the above mentioned county and state,and to all zoning laws,
<br /> regulatiohs and ordinances of municipal and/or other governmental authorities,if any,to which The Land is subject.
<br /> To have and to hold The Land together with all rights and appurtenances thereto in anywise belonging,subject
<br /> to the foregoing terms,unto Grantee their heirs,executors,administrators,personal and legal representatives,successors
<br /> aid assigns forever,and Grantor does hereby bind themselves,their heirs,executors,administrators,personal and legal
<br /> representatives,successors and assigns to warrant and forever defend The Land,subject to the foregoing terms,unto
<br /> Grantee,their heirs,executors,administrators,personal and legal representatives,successors and assigns,against every
<br /> person and entity whomsoever lawfully claiming or to claim the same or any part thereof.
<br /> BUT IT IS EXPRESSLY AGREED AND STIPULATED that the VENDOR'S LIEN, including the
<br /> SUPERIOR TITLE,is retained against The Land in favor of Mortgagee,its successors and assigns,until the Note and
<br /> all accrued interest thereon,and all renewals and/or extensions thereof,together with all interest thereon, is fully paid
<br /> according to its face and tenor,effect and reading,and together with all additional sums which may become due and
<br /> payable by the terms of said Note and/or by the terms of the afcresaid Deed of Trust,when this Deed shall become
<br /> absolute,and Grantor herein transfers unto said Mortgagee,its successors and assigns,the Vendor's Lien and Superior
<br /> Title to The Land,in the same manner and to the same extent as if the Note had been payable to the order of Grantor and
<br /> py said Grantor assigned to said Mortgagee without recourse.
<br /> Whenever used in this document,unless the context clearly indicates a contrary intent or unless otherwise
<br /> sped fiddly provided herein,the pronouns of any gender shall include the other genders,including the neuter,and either
<br /> the singular or plural shall include the other. IAA
<br /> n. /137 1 37
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