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20070131.SCANO5.Image was scanned at best possible quality. <br /> Exceptions to Conveyance <br /> and Warranty: Subject to all easements, reservations, restrictions,covenants and <br /> conditions of record which are applicable to the Property, but <br /> only to the extent that same are enforceable against the Property, <br /> as well as taxes for the current year which Grantee assumes and <br /> agrees to pay and subsequent assessments for that and prior years <br /> due to changes in land usage and ownership, or both, the <br /> payment of which Grantee assumes. <br /> Grantor, for the consideration and subject to the Reservations from and Exceptions to <br /> Conveyance and Warranty, grants, sells and conveys to Grantee the Property, together with all and <br /> singular the rights and appurtenances thereto in any wise belonging, to have and hold unto Grantee and <br /> Grantee's heirs, executors, administrators, successors or assigns forever. Grantor hereby binds Grantor <br /> and Grantor's heirs, executors, administrators, and successors and assigns to warrant and forever defend <br /> all and singular the Property to Grantee and Grantee's heirs, executors, administrators, successors and <br /> assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, <br /> through or under Grantor but not otherwise, except as to the Reservations from Conveyance and <br /> Exceptions to Conveyance and Warranty. <br /> THE PROPERTY IS CONVEYED "AS IS, WHFRE IS" WITH ALL FAULTS. THE <br /> GRANTOR MAKES NO REPRESENTATION OR WARRANTY (EXCEPT FOR THIN <br /> WARRANTY OF TITLE IN THIS SPECIAL WARRANTY DEED) CONCERNING THE VALUE <br /> OF 1'HE PROPERTY, THE CONDITION OF ANY IMPROVEMENTS ON THE PROPERTY, <br /> THE ENVIRONMENTAL CONDITION OF THE PROPERTY,THE PRESENCE OR ABSENCE <br /> OF ANY HYDROCARBONS, ASBESTOS, HAZARDOUS MATERIALS OR TOXIC <br /> SUBSTANCES ON THE PROPERTY, THE PRESENCE OR ABSENCE OF UNDERGROUND <br /> STORAGE TANKS, THE SUITABILITY OF THE PROPERTY FOR A PARTICULAR <br /> PURPOSE, THE MERCHANTABILITY OF THE PROPERTY, THE PRESENCE OR ABSENCE <br /> OF ANY GROUND FAULTS OR THE GEOLOGICAL CONDITION OF THE PROPERTY. <br /> THE GRANTOR MAKES NO REPRESENTATION NOR SHOULD ANY REPRESENTATION <br /> BE IMPLIED AS A RESULT OF A COURSE OF CONDUCT OF THE GRANTOR OR <br /> GRANTEE OR DUE TO INDUSTRY USAGE AND PRACTICE. THE GRANTEE IS FAMILIAR <br /> WITH THE TYPE OF PROPERTY BEING CONVEYED. THE GRANTEE BY ACCEPTING <br /> THIS DEED WAIVES ANY RIGHT OR CAUSE OF ACTION THAT MAY ARISE UNDER THE <br /> TEXAS DECEPTIVE TRADE PRACTICES/CONSUMER PROTECTION ACT. THE <br /> GRANTEE BY ACCEPTING THIS DEED RELEASES THE GRANTOR FROM ANY CLAIM <br /> OR CAUSE OF ACTION RELATED TO THE CONDITION OF THE IMPROVEMENTS,EVEN <br /> IF THE CONDITION OF THE IMPROVEMENTS HAS CHANGED AS A RESULT OF THE <br /> NEGLIGENCE, INTENTIONAL NEGLECT OR INTENTIONAL ACTIONS OR INACTIONS <br /> OF THE GRANTOR. 1'HE GRANTEE BY ACCEPTING THIS DEED RELEASES THE <br /> GRANTOR FROM ANY CLAIM OR CAUSE OF ACTION RELATED TO THE <br /> ENVIRONMENTAL CONDITION OF THE PROPERTY OR BY THE PRESENCE OF ANY <br /> HAZARDOUS MATERIALS OR TOXIC SUBSTANCES ON THE PROPERTY. EXCEPT FOR <br /> THIS DISCLAIMER OF WARRANTIES AND RELEASE OF CLAIMS, WHICH DO SURVIVE <br /> ALL OTHER AGREEMENTS AND REPRESENTATIONS ARE MERGED INTO THIS DEED. <br /> THE GRANTEE ACKNOWLEDGES TO THE GRANTOR THAT IT HAS BEEN GIVEN AN <br /> ADEQUATE OPPORTUNITY TO INSPECT THE PROPERTY AND HAS DETERMINED TO <br /> RELY SOLELY ON ITS OWN INSPECTION OF THE PROPERTY AND NOT ON ANY <br /> STATEMENTS OF THE GRANTOR OR ANY AGENT OR REPR$SENTATWF./' . T$E <br /> GRANTEE. <br />