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<br />.'-~orth Loop wen Houalo~770112.......................1182-11300
<br />.._ !.... Comm.'e. To.e.. Houlton-77002............... 224-71131
<br />1200 'Po.1.0ek Boul.verll. Houalon-770!l1l................... .1182.8300
<br />11777 Kety Fr.e.ey. Suit. 101. Houalon-770711...:........ ..116-0801
<br />511211 FM 19110 Weat, Houaton-77089 .........................440-84184
<br />3211 N. Velneo St..et, An91eton-7751 5...................... .393-1286
<br />200 We.t South Street, Alvin-77511 ..........................331.5282
<br />13401 S_ W. Free..y. Sugerlenlt-77478 ......................4111.3215
<br />(B) 102 North Perking Pie c.. Lek. J.ekao~7751111.............1.2117.8031
<br />25132 Oekhur.t Drl.... Suit. 280. Sprlnlt77373..............3117.0ll21
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<br />A Subsidiary' oj Pio~'l~~r National Title Insurance C0171pan)>
<br />7, .. ... ~ ....
<br />, ,
<br />
<br />
<br />..
<br />
<br />Courtes)' of .
<br />American Title
<br />Compan~
<br />
<br />ALL CASH OR OWNER FI~ANCED - RESIDENTIAL EARNEST MONEY CONTRACT (RESALE)
<br />PROMUI.GATED B\' TEXAS REAL ESTATE COMMISSION
<br />
<br />I.
<br />
<br />PARTIES: Eddie V: Grey r Tnlst~ ann ~; TlPf"kE"r McKim, Trustee
<br />to ~ell and convev to C~ ty 0 La Porte
<br />
<br />and Buyer agree~ to buy from Seller the following property situated in Harris
<br />known as Spencer Highway
<br />PROPERTY: Lot 133' X 140' (SEE EXHIBIT "A") , Block
<br />
<br />Addition, City of , or as described on anached exhibit, together
<br />with the following fIXtures, if any: curtain rods, drapery rods, venetian blinds, window shades, screens and shutters, awnings, wall.to-wall
<br />carpeting, mirrors fIXed in place, attic fans, permanently installed heating and air conditioning units and equipment, lighting and plumbing fIX'
<br />tures, TV antennas, mail boxes, water softeners, shrubbery and all other property owned by Seller and attached to the above described real pro-
<br />perty. All property sold by this contract is called "Property".
<br />
<br />~?NT~~~~;:;~~a~~~I~~t:c1oSing ......................................... .~~q~~~y'.. S 55,860.00
<br />
<br />(Seller) agrees
<br />(Buyer)
<br />County, Texas,
<br />(Address).
<br />
<br />2.
<br />
<br />3.
<br />
<br />5.
<br />
<br />B. Note described in 4 B below (the Note) . . . . . . . . . . . . . . . . - . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ,. . . . . . . S
<br />
<br />C. Sales Price payable to Seller (Sum of A and B) . . . . . . . . . . . . . . . . . . _ . . . . . . . . . . . . . ~~~~~y. . . S 55,860.00
<br />
<br />FINANCING CONDITIONS:
<br />:KJ A. This is an all cash sale; no financing is involved.
<br />
<br />o B. The Note in the principal sum shown in 3 B above, dated as of the Closing Date, to be executed and delivered by Buyer and payable to
<br />the order of Seller, bearing interest at the rate of percent per annum from date thereof until maturity, matured unpaid
<br />principal and interest to bear interest at the rate of I 0% per annum, principal and interest to be due and payable
<br />o (I) In installments ofS or more each, beginning on or before
<br />after date of the Note, and (Check "a" or "b")
<br />o a. continuing regularly and at the same intervals thereafter until fully paid.
<br />o b. continuing regularly and at the same intervals thereafter until , 19 ,when the entire balance
<br />of principal and accrued interest shall be due and payable.
<br />o (2) In a Iwnp swn on or before after date of the Note,
<br />D C. This contract is subject to Buyer furnishing Seller evidence that Buyer has a history of good credit.
<br />
<br />EARNEST MONEY: S is herewith tendered and is to be deposited as Earnest Money with
<br />
<br />,as Escrow Agent, upon execution of the contract by both panies. Additional Earnest
<br />
<br />Money, if any, shall be deposited with the Escrow Agent on or before ,19 _, in the amount ofS
<br />
<br />TITLE: Seller at Seller's expense shall furnish either: ..
<br />~ A. Owner's Policy of Title Insurance (the Title Policy) issued by Amer~can T~ tIe CaTrpany
<br />,in the amount of the Sales Price and dated at or after closing: OR
<br />o B. Complete Abstract of Title (the Abstract) certified by to current date.
<br />NOTICE TO BUYER: AS REQUIRED BY LAW, Broker advises that YOU should have the Abstract covering the Property examined by an
<br />anorney of YOUR selection, or YOU should be furnished with or obtain a Title Policy.
<br />
<br />PROPERTY CONDITION (Check "A" or "B"):
<br />~ A. Buyer accepts the Property in its present condition; ~
<br />
<br />4.
<br />
<br />6.
<br />
<br />7.
<br />
<br />o B. Buyer requires inspections and repairs required by the Propeny Condition Addendum (the Addendum).
<br />Seller shall commence and complete prior to closing all required repairs at Seller's expense.
<br />
<br />All inspections, repons and repairs required of Seller by this contract and the Addendum shall not exceed $ . If Seller fails to complete
<br />such requirements, Buyer may do so and Seller shall be liable up to the amount specified and the same paid from the proceeds of the sale.
<br />If such expenditures exceed the stated amount and Seller refuses to pay such excess, Buyer may pay the additional cost or accept the Property
<br />with the limited repairs and this sale shall be closed as scheduled, or Buyer may terminate this contract and the Earnest Money shall be refunded
<br />to Buyer. Broker and sales associates have no responsibility or liability for repair or replacement of any of the Propeny.
<br />
<br />8. BROKER'S FEE: N/A Listing Broker (_ %) and
<br />
<br />Co-Broker (_%), as Real Estate Broker (the Broker), has negotiated this sale and Seller
<br />
<br />agrees to pay Broker in County, Texas, on consummation of this sale or on Seller's default (unless
<br />
<br />otherwise provided herein) a total cash fee of of the total Sales Price, which Escrow Agent may pay from the sale proceeds.
<br />9. CLOSING: The closing of the sale (the Closing Date) shall be on or before May 1, , 19 ~, or within 7 days after objections
<br />to title have been cured, whichever date is later.
<br />
<br />10. POSSESSION: The possession of the Propeny shall be delivered to Buyer on closing in its present or required
<br />improved condition, ordinary wear and tear excepted. Any possession by Buyer prior to or by Seller after Closing Date shall establish a landlord.
<br />tenant at sufferance relationship between the parties.
<br />
<br />.11. SPECIAL PROVISIONS:
<br />
<br />The sales price shall be calcuated at $3.00 per square foot, to be based
<br />on survey by H. Carlos Smith
<br />
<br />(Insert lerms and condllions of a factual nature applicahle to this sale. e.g., personal property included in sale Icurtains,.dLaperies, valances. etc.),
<br />prior rurchasc l'f sale of other property. lessee's sUllender of possession, and the like.)
<br />
<br />TREe :":0 (,.0
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