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PURCHASE AND SALE AGREEMENT <br />Purchase and Sale Agreement <br />This (“Agreement”) to buy and sell real property is <br />entered between Seller and Buyeras identified below and is effective on the date set forth in <br />Section 17(e) (“Effective Date”). <br />Seller:La Porte DevelopmentCorporation, a Texas non-profit corporation <br />Seller’s AddressAttn:Stacey Osborne <br />604 W Fairmont Parkway <br />La Porte, Texas 77571 <br />Phone: (281)470-5017 <br />Fax: (281)842-1259 <br />E-mail: osbornes@laportetx.gov <br />Seller’s AttorneyKnox W. Askins <br />Askins & Askins, P.C. <br />P.O. Box 1218 <br />La Porte, Texas 77572-1218 <br />Phone: (281)471-1886 <br />Fax: (281)___-_________ <br />E-mail: ctaskins@swbell.net <br />Purchaser:K. Belle Interests, LLC. <br />Purchaser’s Attn:________________________________ <br />Address____________________________________ <br />La Porte, Texas 77571 <br />Phone: (281)____-__________ <br />Fax: (281)____-__________ <br />E-mail: <br />PSABLPDC <br />URCHASE AND ALEGREEMENT ETWEEN AORTEEVELOPMENT ORPORATION <br />K.BI,LLC–P1 <br />AND ELLENTERESTSAGE <br /> <br />