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DocuSign Envelope ID: FCFB5B98-662A-46Bl-A201-613B1DCB071=-A Commercial Contract - Unimproved Property concerning W MMing,a Parto , Tx 77671 B. Adjustment to Sales Price: (Check (1) or (2) only.) (1) The sales price will not be adjusted based on a survey. (2) The sales price will be adjusted based on the latest survey obtained under Paragraph 6B. (a) The sales price is calculated on the basis of $ (i) square foot of[.] total area n net area. area El net area. (ii) acre of E] toltAl per: (b) "Total area" means all land area within the perimeter boundaries of the Property. "Net area" means total area less any area of the Property within: H(I) public roadways; (H) rights -of -way and easements other than those that directly provide utility services to the Property; and [] (III) (c) If the sales price Is adjusted by more than % of the stated sales price, either party may terminate this contract by providing written notice to the other party within days after the terminating party receives the survey. If neither party terminates this contract or if the variance is less than the stated percentage, the adjustment to the sales price will be made to the cash portion of the sales price payable by Buyer. 4. FINANCING: Buyer will finance the portion of the sales price under Paragraph 3A(2) as follows: ❑ A. Third Party Financing: One or more third party loans in the total amount of $ This contract: H(1) is not contingent upon Buyer obtaining third party financing. (2) is contingent upon Buyer obtaining third party financing in accordance with the attached Commercial Contract Financing Addendum (TXR-1931). B. Assumption: In accordance with the attached Commercial Contract Financing Addendum (TXR-1931), Buyer will assume the existing promissory note secured by the Property, which balance at closing will be $ I ❑ C. Seller Financing: Buyer will deliver a promissory note and deed of trust to Seller under the terms of the attached Commercial Contract Financing Addendum (TXR-1931) In the amount of $ A. Not later than 3 days after the effective date, Buyer must deposit $ $500.00 as earnest money with Ciiic,@,qq_Title CompaFiySoutlieast (title company) at 4621 Center St Deer Park Tx 77536 . (address) Casio Lowe (closer). If Buyer falls to timely deposit the earnest money, Seller may terminate this contract or exercise any of Seller's other remedies under Paragraph 15 by providing written notice to Buyer before Buyer deposits the earnest money. B. Buyer will deposit an additional amount of $ N/A with the title company to be made part of the earnest money on or before: (i) _ days after Buyer's right to terminate under Paragraph 713 expires; or 00 Buyer will be in default if Buyer fails to deposit the additional amount required by this Paragraph 5B within 3 clays after Seller notifies Buyer that Buyer has not tim x "e: I C�d the additional amount. (TXR-1802) 07-08-22 Initialed for Identification by Seller :and Buy r Page 2 of 15 Tz- Main Properties, t0148 2nd St LaPorte TX77571 Phone; 832-279-5674 Fax; 281.471,8231 W Main La Porte Rasa Marl. Williams Produced vVilh Lone Wolf Transactions (zipForm Edition) 717 N Hanaood St, Suite 2200, Dallas, TX 75201 mm8y_JVY0 A. prolil