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<br /> GEfRAL W AllRAN'IY DI!..r.Li CHlCAOO.nn::.D~COMPANY
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<br /> THE STATE OF TBXAS I 6
<br /> , ~ KNOW ALL MEN BY THESE PRESENTS:
<br /> COUNTY OF HARRIS I 9
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<br /> THAT lheunder=igncd~ BT'JrP AR TNERS. T~ TO. (l1erdnllfter called "Grantors". whether Oil&:
<br /> or more), fur and in consideration of the sums paid and promised to be paid by FAJRMONT
<br /> ~ U:~l(. LtC (hereinafter caned "Grantees", whether one or more), wh.ose &ddress is S005
<br /> lUverwa.y, Suite 210. Howton. T~as 77056, as fonows:
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<br /> (e) TEN AND NOll 00 ($10.00) DOLI....ARS Gond other good and valuable considcrl.tions
<br /> to Grantors in hmd paid, the receipt and sufficiency of which arc hereby
<br /> acknowledged and confessed; snd.
<br /> (b) The further consideration of the cmecution and delivery by Grantee!: of that one
<br /> certain promissory note (the "Note") dated of even date herewith in the original
<br /> I'rinclrml stirn of TWO MILLION ErG~T HUNDRED THOUSAND AND NOll 00
<br /> DOLLARS ($2.800.00.0_00)~ bearing interest Bnd being payable as in the NC\te set Qut
<br /> to the order ofOMlQIDANK, N.A. (hereinafter called "Lender"), which sum, in pan.
<br /> represents umds advanced by Lender. to Grantors herein at the request and as a loan
<br /> to Grantees herein in .payment of part of the purchase price of tbe property h.ereby
<br /> conveyed. and"whicb Note is secured by the Vendor's Lien her~in retained in flwor of
<br /> Lender, and additionally secured by a Deed of Trust or even date herewith from
<br /> Grantees herein"to CHESLEYN. BROOKS, JR... Trustee;
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<br /> Have, subject to the matters herein described, GRANTED, SOLD and CONVEYED and by
<br /> tl!ese presenu do hereby GRANT,IsELL llnd CONVEY unto the Gnntees. the following described ~._ JD
<br /> real property, together with any ~d all improvements thereto (collectively the "Propeny") to-wit:
<br /> BEING A ~SO ACRE TRA"CT OF LAND COMPR.,iSED OF LOTS 4 /::
<br /> w~QIfj;,R ,e~ BLOCK 1097. WTS 2 Hik<OUGH ;u..~OCK IO~.
<br /> jttCIJ'IJJoIN'G 12TR: S~ET AND ..inl!.ALLEYS r;ONTA~,
<br /> : UJ1I[ S1!."Rr..!!.. 1'.6.J'ID 1.f..U!. ~'L):.~YS HA.YJNG BE~V ACA..lIl!.U BY!U..L.i.!lL.
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<br /> I 11' ,4 'PORTE: TOWN OF l..A PORTE, JOHNSON HUNTER SURVEY, A-35,
<br /> HABRIS coUNiY, TEXAS, ACCORDING TO ut.J!J PLAT RECORDED IN
<br /> VOLUME 60, 'PA~E 112,HARRIS COUNTYD~~u RECORDS,AND BEING
<br /> MORE PARTIqJLARLY DESCR,IBED BY ~u.,I~S AND B-OUNDS ON
<br /> EX!:UnlIT'IAtI ATI'A....r.i..t!,;u 1tI.&;;J:.~I!.o&.U AND MADE A PART t:u!.ttEOFFOR
<br /> ALL PtmPOSES.
<br /> This CONVEYANCE is" made by Grantors and accepted by Grantees su~ject to all &nd
<br /> singullll!' the easements. rights-of-way, prescriptive rights, restrictions, reservatioqs. covenants,
<br /> conditions, oil, gas and other mineral leases, mineral severances, loning laws, regulations and
<br /> ordinances of municipal and/or other govemmental authority. affecting the Property, to tbe extent,
<br /> but only to the extent, same arc recorded in said county and affect the Property.
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