HomeMy WebLinkAboutO-2007-2969 New Life Christian Fellowship seller of b;uildings 908/912 W Main St
ORDINANCE NO. 2007, - J..C1l~7
AN ORDINANCE APPROVING A COMMERCIAL CONTRACT - IMPROVED PROPERTY
AGREEMENT BETWEEN NEW LIFE CHRISTIAN FELLOWSHIP OF LA PORTE,
SELLER, AND THE CITY OF LA PORTE, AS PURCHASER, ON THE OFFICE
BUILDING AND RETAIL BUILDING LOCATED AT 908 AND 912 WEST MAIN
STREET IN THE CITY OF LA PORTE, HARRIS COUNTY, TEXAS, MAKING
VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING
COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE
DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
Section 1. The City Council hereby approves and authorizes
the contract, agreement, or other undertaking described in the
title of this ordinance, a copy of which is on file in the office
of the City Secretary. The City Manager is hereby authorized to
execute such document and all related documents on behalf of the
ci ty of La Porte.
The City Secretary is hereby authorized to
attest to all such signatures and to affix the seal of the City to
all such documents.
Section 2.
The City Council officially finds, determines,
recites, and declares that a sufficient written notice of the date,
hour, place and subject of this meeting of the City Council was
posted at a place convenient to the public at the City Hall of the
City for the time required by law preceding this meeting, as
required by the Open Meetings Law, Chapter 551, Texas Government
Code; and that this meeting has been open to the public as required
by law at all times during which this ordinance and the subject
matter thereof has been discussed, considered and formally acted
upon.
The City Council further ratifies, approves and confirms
such written notice and the contents and posting thereof.
Section 3. This Ordinance shall be effective from and after
its passage and approval, and it is so ordered.
PASSED AND APPROVED, this 1Jt- day of Eel3
By:
ATTEST:
~<<dkd
Ma th A. Gi lett
City Secretary
APPROVED:
i:{Ni r ~
C ar T. Askins
City Attorney
C~, OF LA p~.
~~.V~
Alton E. Porter, Mayor
2
, 2007.
Timeline Summary
Purchase Agreement
Some major timeframes in Purchase Agreement (not all inclusive),
Pg2
· "Not later than 3 days after the effective date, Buyer must deposit $10,000 as earnest
money with American Title Company..."
· "Within 30 days after the effective date, Seller will furnish Buyer a commitment for title
insurance (the commitment) including legible copies of recorded documents evidencing
title exceptions..."
~
· Survey "Within 45 days after the effective date:... Seller, at Seller's expense, will
furnish Buyer a survey of the Property dated after the effective date.
· UCC Search: "Within 30 days after the effective date, Seller, at Seller's expense, will
furnish Buyer a Uniform Commercial Code (UCC) search prepared by a reporting service
and dated after the effective date..."
· Buyer's Obiections to the Commitment. Survey. and UCC Search: "Within 30 days after
Buyer receives the commitment, copies of the documents evidencing title exceptions,
any required survey, and any required UCC search, Buyer may object to matters
disclosed in the items if:. . ."
Pg4
· "Seller may, but is not obligate to, cure Buyer's timely objections within 20 days after
Seller receives the objections.. .Buyer may terminate this contract by providing written
notice to Seller within 5 days after the time by which Seller must cure the objections..."
· Delivery of Property Information: "Within 30 days after the effective date, Seller will
deliver to Buyer the following items to the extent that the items are in Seller's possession
or are readily available to Seller..."
~
· Inspections. Studies. or Assessments: "Within 60 days after the effective date, Buyer, at
Buyer's expense, may complete or cause to be completed inspection, studies, or
assessments of the Property, including all improvements and fixtures..."
· Feasibility Period and Right to Terminate: Buyer may terminate this contract for any
reason within 75 days after the effective date by providing Seller with written notice of
termination.. ."
Pg6
· Return of Property Information: "If this contract terminates for any reason, Buyer will,
not later than 10 days after the termination date: (i) return to Seller all those items
described in ..."
· Closing: "The closing of the sale will be on or before 90 days from Effective Date
hereof or within 7 days after objections to title have been cured..."
w
· Estoppel Certificates: "Within 30 days after the effective date, Seller will deliver to
Buyer estoppel certificates signed not earlier than Effective Date by each tenant that
leases space in the Property."
Ceb, 5. 2007 9:16AM
City ct la Porte
'\0. I ~V I
r, I
.t~
~
TExAS ASSOCIATION OF REALTORS@
COMMERCIAL CONTRACT -IMPROVED PROPERTY
Us€QF~ISFORM if'( PERSON$IM-lO ARE NOTME'MaeR$OF 'l'liEiEXASASSOCIAl1ON OF REALTORS. IS NOT AUTHORIZeo.
ClT_ As:sDdolIoa ot'REALTOItSlD.1Itll. ~
1. P ARllES: Seller agrees to sell and convey to Buyer the Property hdescn3 Th"bed inrtjParat 9thraph 2ntr' BUYcter agrees to
buy the Property from Seller for the sales price stated in Paragrap " e pa es 0 IS co a are:
S~lIer. NEW tHE CHRISTIAN FELLOWSHIP
Address: 908 West ~~in Street. La Porte. Texas 77~71
~~ ~
Buyer:
Address:
Phone:
2. PROPERTY:
A. "Property" means that real property situated in
at
and that is legaJly described on the attached Exhibit
CITY OF LA PORTE, a municipal c~~poration
604 West Fairmont Parkwav, La Porte, Te~as 77571
281.470.5017 F~ 281.842.1259
La Port'~. 1i<ilTri c; County, Texas
(address)
or as follows:
The office building and retail building located at 90S and 912 West Main Street. La Porte,
Harris County, Texas, and being legally deacribed as Lots 9, 11, 12. 13, 14, 15, 18, 19,
20, and 21, all in BloCk 52, Town of La' Porte, HArris County, Texas, according to the map
or plat thereof recorded in the Office of the County Clerk of Harris County, Texas, together
with a.ll illlprovements thereon situated; SAV'!- AND EXCEPT that portion of said lots, if any.
cOl1veyed for right-of-way pw:poses as descn.bed in that instrument recorded in Volume 4569
page 4~9 of the Deed Records of aarris County, Texas. .
B. Seller will sell and convey the Pro~ together with:
(1) all buildings, .imprpvements, and fixtures; .
(2) all rights, prJvile.ges. and appurtenances pertaining to the Property, including Seller's right. title. and
interest in any minerals, utilities. adjacent streets, alleys. strips, go~. and r;ights-of-way; "
(3) Seller's interest in all leases; rentS, and security deposits for all or part of the Property;
(4) Seller's interest in all licenses and permits related to the~roperty;
(5) Seller's interest in all third party warrallfjes or guaranties,if transferable, relating to the Property or
anyJi~tires; . ,. . .'. .
(6) $elle(s.intere$t ili any trade names, if tqrnsf~rabfe, u$eq inq;>nnection w,iththe Pl"()perty; and
(T) all Sellers tangible personal property located.'on the Pr~perty thilt is used in connection with the
Property's opetationsexcept pe:r:semH prppertyshownon phot.Qs attached as Exhibit "A~'
(Describe any exce:pti~~, reservations, or restrjctions i~ P?fCjgiaptJ. 11 or an addendum.)
(IfthePropeityi$a.co.~ot[1!tiiLirn,attaC!1Ct;)~"!inilJ,!,~d~!~~m..). . ," jJiCF ~?('.t- I
3. SALES pFUC~: Ator ,b~fore ~OSing. BU~~~~i11 pay the following sal~s:pricefor the Proper.ty: 4?Pf?, 0 ~ ;, . 00
A. Cash portion payable. by Buyer at.dO$Jng " .... .' ,;...,.....;. . . _........$ . j,gS.OOO.oo
B. Sum. of all.finaacirigdescribed inP.aragraph 4 ""." _".... _. . '" . ..." . _. _ . .$ 0.00
C. Sales priee(slim of 3A and 3B). . . " . . . . . , . _ . " . . . " " . . . . . . . . . . . _ . . . . . . . . $ 500,000.00
L(c?~ O,JD, DD
/I' (CF. 4R--"
Initialed "e Ide"""'""" by Bwe$ Se..,;J&~ #
Pags 1 of14
(TAR-1801) 2-6-02
nc:
Fax:
I'rcidIad'ftilhZipFcm,'" "VREFol\'ll8lfeC. u.c 1~F~ MileRaad.CIIt.....T_~io, Mlc:/1/gl1n<l8mS, ll!OO) ~9805
908 and 912 West Main Street, La Porte
Commercial Cqntract - Improved Property concerning
Thir : One or more third party loans in the total amount of $
contract.
o (1) is not contingent upo r obtaining third party financing.
o (2) is contingent upon Buyer obtai . . In accordance with the attached Financing
Addendum.
B. Assumption: In accordan the attached Financing A m, Buyer will assume the existing
ed by the Property, which balance at closing wi!
r inancinq: The delivery of a promissory note and deed of trust from Buyer to
. ci.Ag Addendum in the-amount..:
5. EARNEST MONEY:
A. Nqt later than 3 days after the effective date, Buyer must deposit $ 10.000.00 as earnest
. money with American Title Company. Deer Park. Texas
(title company and escrow agent) at 5El03 College Park. Deer Park.. TX 77536
(title company's address). Buyer will deposit additional
earnest money of $ on or before: 0 (i) the day after Buyer's right to
terminate under Paragraph 78(3) expires; or 0 (ii)
The title company is the escrow agent under this contract.
.
B. If Buyer fails to timely deposit the earnest money, Seller may terminate this contract by providing written
notice to Buyer before Buyer deposits the earnest money and may exercise Seller's remedies under
Par:agraph 15.
~. Buyer;may instruct the escrow agent to deposit the earnest money in an interest",bearing account at a
federally insured financial institution and to credit any interest to Buyer.
6. TITLE POEICY, SURVEY, AND UCC SEARCH:
A. Title Rolicy:
(1) Seller, at Seller's expense, will furnish Buyer an Owner's Policy of Titie Insurance (the title policy)
issued by the title company in the amount of the sales price, dated at or after closing, insuring Buyer
against loss under the title policy, subject only to:
(a) those title exceptions permitted by this contract or as may be approved by Buyer in writing; and
(b) the standard printed exceptions contained in the promulgated form of title policy unless this
contract provides otherwise.
(2) The standard printed exception as to dis~repancie?, conflicts, or shortages in area and' boundary
lines, or any encroachments or protrusions, or any overlapping improvements:
o (a) will not be amended or deleted from the title policy.
[[l (b) win be amended to read "shortages in areas" at the expense of Kl Buyer B Seller.
(3) Buyer may object to any restrictive covenants on the Property within the time required under
Paragraph 6D.
(4) Within 30 days after the effective date, Seller will furnish Buyer a commit'11~nt for. title insurance
(the commitment) including legible copies of recorded documents evidencing title exceptions. SeHer
authorizes the title company to deliver the commitment and related documents to Buyer at Buyer's
address.
(TAR-1801) 2-6-02
In;'aJed ti" Identification by 8UY~
IY {.&:-r
Seller 4f1tP-
Page 2 of 14
Produced with ZipFoll11 '" by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton Township, Michigan 48035, ~800) 383-9805
Ccmmercial Contract -Improved Property concerning
.-8. Survey:
. (1) Within 45 days after the effective date:
-0 (a) Buyer will obtain a survey of the Property at Buyer's expense and deliver a copy of the survey to
Seller.
908 and.912 W~st Main'Street, La Porte
!Xl (b) Seller, at Seller's expense, will furnish Buyer a survey of the Property dated after the effective
date.
D (c) Seller will ,deliver a true and correct copy 'Of Seller's existing survey of the Property dated
. Seller, at Seller's expense:
D (i) will have the existing survey recertified on a date nct earlier than .
D (ii) will not have the existing survey recertified. Seller 0 will Dwill not deliver to the title company
an affidavit required by the title company for approval of the survey that states that Seller
. knows of no changes 'Or alterations tc the Property as depicted on the survey.
(2) The survey required under Paragraph 6B(1) must be made by a Registered Professional Land
. Surveyor acceptable to the title company. The survey must: .
(a) identify the Property by metes and bounds or platted lot description;
(b) show that the survey was made and staked on the ground with corners permanently marked;
(c) set forth the dimensions and total area 'Of the Property;
(d) showthe location of all improvements, highways, streets, roads, railroads, rivers, creeks or other
waterways, fences, easements, and rights-of-way 'On the Property with all easements and.
':rights-,cf"'-way referenced to their recording infcrmation;
(e}'showany discrepancies or conflicts .in boundaries, any visible encroachments, and any porticn
, of the Property lying in a special flood hazard area (an "A" or "V" zone as shewn en the current
-Federal Emergency Management Agency (FEMA) fleod insurance rate map); ano
(f) . contain the surveyor's certificate that the survey is true and correct.
C. UCC Search:
!Xl (1) \l\litnln 30 days after the effective date, Seller, atSeller's expense, will furnish Buyer a Uniform
Commercial Code (UCC) search prepared by a reporting service and dated after the effective date.
The search must identify documents that are en file with the Texas Secretary of State and the
county where the. Property is Located that relate''to all personal property on the Property ahd show,
as debtor, Seller and all other owners of the personal property in the last 5 years.
o (2) Buyer does not require Seller to furnish a UCC search.
D. Buver's Objecticns to the Commitment, Survey. and UCC Search:
(1) Within 30 days after Buyer receives the commitr1].ent, copi~s of the documents evidencing title
exceptions, any required survey, and any required UCC search, Buyer may object to matters
disclosed in the items if: .
(a) the matters disclosed constitute a defect or encumbrance to title to the real or personal property
described in Paragraph 2 ether than these permitted by this contraGt or liens that Seller will
satisfy at closing 'Or Buyer will aSSl.,lme at closing; or
(b) the items shew that any part 'Of the Property lies in a special flood hazard area (an "A" or "V'i
zone as defined by FEMA); - .
Initialed for Identification by Buyer
I t.-l (
/' .I.,~
Seller~,_
Page 3 of 14
(TAR-1801) 2-6-02
Produced with ZipForm..... by RE FormsNe~ LLC 18025 Fifteen Mile Road, Clinton Township, Michigan 48035, (800) 383-9805
11!';.
Commercial Contract -Improved Property concerning 908 and 912 West Hain Street, LaPorte
(2) Seller may, but is not obligated to, cure Buyer's timely objections within 20 days after Seller receives
the objections. The closing date will be extended as necessary to cure the objections. If Seller fails
to cure the objections by the time required, Buyer may terminate this contract by providin@ written
notice to Seller within 5 days after the time by which Setter must cure the objections. If Buyer
terminates, the earnest money, less any independent consideration under Paragraph 7B(3)(a), will
be refunded to Buyer.
(3) Buyer's failure to timely object or term,inate under this Paragraph 60 is a waiver of Buyer's right to
object except that Buyer will not waive the requirements in Schedule C of the commitment.
7. PROPERTY CONDITION: (Check A or B only.)
o erty in its present "as-is" condition.
o
at Seller's expense, will
lXlB. Feasibilitv:
(1) Delivery of Property Information: Within 30 days after the effective date, Seller will deliver to
Buyer the following items to the eXtent that the items are in Seller's possession or are readily
Clvailable to Seller. Any item not delivered is deemed n6t to be in Seller's possession or readily .
available to Seller. The items Seller will deliver are:
(a) ,a"current rent roll of all leases affecting the Property certified by Seller as true and correct;
(b) 'copies of all current leases pertaining to the Property, including any modifications, supplements,
:'Of amendments to the leases; ,
(c) '3';current inventory of a1l personal property to be conveyed under this contract;
(d)"copies of all notes and deeds of trust against the Property that Buyer will assume or that Seller
'will not pay in full on or before closing;
(e) fcopies of all current service, maintenance, and management agreements relating to the
ownership and operation of the Property;'
(f) copies of current utility capacity letters from the Property's water and sewer service provider;
(g) copies of all current warranties and guaranties relating to all or part of the Property;.
(h) copies of fire, hazard, liability, and other insurance policies that currently relate ~o the Property;
(i) copies of all leasing or commission agreements that currently relate to all or part of the Property;
G) a copy of the "as.:.built" plans and specifications and plat of the Property;
(k) copies of all invoices for utilities and repairs incurred by Seller for the Property in the 24 months
immediately preceding the effective date; ,
(I) a copy of Seller's income and expense statement for the Property from previous 2 calendar
years ;
(m) copies of all previous environmental assessments, studies, or analyses made on or relating to
the Property;
(n) real and personal property tax statements for the Property for the previous 2 calendar years;
and
(0)
Initialed for Identification by Buyer
f'
jJL--Cri-
,_ seuer~'---
Page 4 of 14
{T~-1801)2-6~2
Produced with ZipForm"" by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton T oWl1ship, Michigan 48035, (800) 383-9805
Commercial Contract-"[mproved Property concerning" 908ap.d 912 West Main Street, La Porte
(2) Inspections. Studies, or Assessments:
(a) Within 60 days after the effective date, Buyer, ,.at Buyer's expens~, may complete or
cause to be completed. inspections, studies, or assessments of the Property, including .all
improvements and fixtures. Inspections, studies, or assessments may inch,.lde, but. are not.
limited to:
(i) physical property inspections (for example, structural pest control, mechanical, structural,
J electrical, and plumbing inspections);
(ii) economic feasibility studies; .
(iii) environmental assessments (for example, soil tests, air sampling, and pa~f.ltsampling);'
(iv) engineering studie~; and~ .' .
(v) compliance" inspections (for example, complian.ce determination with zoning ordinances, .
restrictions, building codes, and statutes),,, '
(b) Seller, at Seller's expense, will t~rn on all utilities necessary for Buyer to make inspections,
studies, or assessments.
(c) Buyer must
(i) employ onlY trained and qualified inspectors and assessors;
. (ii) notify Seller, in advance, of when the inspectors or assessors will be on the Property;
(iii) abid"e by any reasonable entry rules or requirements that ~eller may require;
(iv) not interfere with existing operations or occupants of the Property; and
(v) restore the Property to its original condition if altered due to inspections, studies, or
assessments that Buyer completes or causes to be cOrT1pleted. .
(d)'!Except for,those matters that arise from the negligence, of Seller or Seller's agents, Buyer is
".re~ponsib(e for any claim, liability, encumbrance, cause ()faction, and expense resulting from
Buyer's inspections, studies, or assessments, including any property damage or personal injury.
,Buyer will indemnify, hold harmless, and defend Seller and Seller's agents againsfany claim
iInvolving a matter for which Buyer is responsible under this paragraph. This paragraph survives
;~termination' of this contract. ' '
(3) Fea?ibilitv Period and Rioht to Terminate: Buyer may terminate. this contract for any reason within
~ 75 .~ days after the effective date by.providing Seller with .written, notice of termination. 'JJ
'I?lJyer cfoes not terminate wtthiri the time required,' Buyer accepts the Property in its present uCJ.s,
. is'~ condition with any repairs Selle"r is obligated to complete under ~his contract. (Check only one
b~J " .
I1\l (a) If Buyer terminates under this Paragraph 7B(3) , the earnest money will b.e refunded to Buyer
, less $ . 100.00 '. , that Sellerwill retain asjndEmendent consid~ratj()nforBuyer's rig~t
to ternlinate. Buyer has t~nqE;fecjiheiQd~I?~b.~ent ~onsideratidn'to$~f1erhpon'''paYqiei.ltof th~
full amount specified in .paragraphS to. the:6S"GrQw:agE;rjt The iiiclep'e'ridenf 'Consideration is'to
be credited to thE3 sales priSe.:Orily uppn 2!o'$i~W9n~~sa~e. "" .,,;;. " ,.d" , '. ,. . .,. .',' '
,AO, (b), ~llyer. h<;1$ J?aicl S~ller $ .' " as indeRendenfGoosideration Jor.Buyer's ,rigbtto
.. . ,_ . _:.:-.......... '. _"; _ '. ; ,:.", ;.... ','. _~'1~": .". " '.' ~ "". -. ..,~ ":", ",. : "', '-:'. -.~ ,. -..."..," ,.,.. ...; '-:'~>.'.'; .~",.;t,.,.. '.""~..-q'- >=- '"" ,;-. ';:",>"::~ 1'"' "-,;,,,,~:,,;~ ~,.~ ,'~v_' ""::_-::~~"r~~' . ", . '.~ .,:..", - . .::- ;','...";: .' ~ .:. . ... ,. - : - '- -:. - - ;".
terminate by tend~ring "sLlch af00upt directly to 'Sell~r- ' or$ell'ers'aggrrt: ..1t.ta~y~'tt :l~xmin~t~$
, under this Paragraph 'li3(Q) , t8e'eafT1est,t!1()Aey;~ill~~e refulCld~.p.to,I?UM~rand{?~lJe~ ~W.t~~~lfi
the indeRen.ci~irltconsj.qt1r~tjQ(l~Tqi~"JFlA€lP.~P.g~.n.~ G~n!?"q~r,atj(jn 0 will;P yiil!: hqtbe cr~.ditecfJp
the sates. pace up'Ori'~cl'd$rng;'otthe"sare~. ;. , ... :.,~,-" . . , - " - ' . .
Initialed for IdentifiCC!tion by Buyer
,;Jt"Lr
.'seller~C
Page 5 of 14 '
(TAR-1801) 2-'6-02
ProdUced with'ZipForm "" by RE FormsNet, LLC 18025 Fifteen 'Mile Road, C1inlon Township, Michigan 48035. (800) 383-9805 .
CommercialGontract-lmprovedPropertyconcerning 908 Rnd 917. Wp~r M:=dp Street, La Porte
_, (4) Return of Propertvlnformation: If this contract termin~tes for any reason, Buyer will, not later than
10 days after the termination date: (i) return to Seller all those items described in Paragraph 7B(1)
that Seller delivered to Buyer .and all copies that Buyer made of those items; and (ii) deliver copies
of all inspection and assessment reports (exCluding economic feasibility studies) related to the
Property that Buyer completed or caused to be completed. This Paragraph 7B(4) survive~
. termination ,of this contract. '
(5) Contract Affectinq Operations: After Buyer's right to termin~te urder Paragraph 78(3) expires,
Seller may ,not enter into, anlend, or terminate any other .contract that affeCts the operations of the
Property without Buyer's prior written approvaL .
8~ BROKERS:
A. The brokers to this sale 'are:
Cooperating Broker
License No. Principal Broker
License No.
Address
Address
Fax
Phone
FaX Phone
"Cooperating Broker represents buyer.
Principal Broker: (Check only one box)
o represents Seller only., '
, 0 represents Buyer only.
o is an intermediary between SeHer and BuyeL
o. Fees: 1check only one box.)
o (1) S-eller will, pay Principal Broker the fee specified by separate written commiSSion agreement
.b.~tween Principal Broker and Seller. Principal Brokerwill pay Cooperating Broker the fee specified
im~:the Agreement Between Brokers found below the parties' signatures to this contract.
o (2) At the closing of this sale, Seller wiH pay:
, Cooperating Broker a tqtal cash fee of:
o .% ofth.e sales price.
o
Principal Broker a total cash fee "of:
o % oUhe sales price.
D
The cash feeswili be paid in ' County, Texas. Seller authorizes
, escrow agent to pay the brokers from the Sellers proceeds at closing.
,,' '
NOTiCE: Chapter 62, TexasProperty Code, authorizes a broker to secure an earned commission
with'a lien against the Property.
C. ,The parties may not amend this Paragraph 8 without the written consent of the brokers affected by the
amendment.
'9. CLOSING:
A. The closing of the sale w!1I be on or before 90 da.ys from Ef'fective Date "hereof.
or within 7 days after objections to title have been ~ureq, whichever -date is later (the closing date). If
either partY fails to close by- the closing date, the non,~defaulting party may exercise the. remedies in
Parggraph 15. .". " '
(TAR-1801)~-6-02
. ~r ~ rJ':Lf-
Initialed for Identification by Burp" _ Seller -'-At,~
Page 6 of 14
Produced with ZipForm'" by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton TO'MlShip, Michigan 48035, (800) 383-9805
Commercial Contract - Improved Property concerning
B. At closing, Seller will execute and deliver, at Seller's expense, a fil general 0 special warranty deed.
The deed must include a vendor's lien if any part of the sales price is financed. The deed must convey
good and indefeasible title to the Property and show no exceptions other than those permitted under
Paragraph 6 or other provisions of this contract. Seller must convey the Property at closing:
(1) with no liens, assessments, or Uniform Commercial Code or other security interests against the
Property which will not be satisfied out of the sales price unless securing loans Buyer assumes;
(2) without any assumed loans in default; and
(3) with no persons in possession of any part of the Property as lessees; tenants at sufferance, or
trespassers except tenants under the written leases assigned to Buyer under this contract.
908 and 912 West Main Street, La Porte
C. At closing, Seller, at Seller's expense, will also deliver:
(1) tax statements showing no delinquent taxes on the Property;
(2) a bill of sale with warranties to title conveying title, free and clear of all liens, to any personal
property defined as part of the Property in Paragraph 2 or sold under this contract;
(3) an assignment of all leases to or on the Property;
(4) to the extent that the following items are assignable, an assignment to Buyer of the following items
as they relate to the Property or its operations:
(a) licenses and permits;
(b) maintenance, management, and other contracts; and
(c) 'warranties and gu?ranties;
(5) a rent roll current on the day of the closing certified by Seller as true and correct;
(6) evidence that the person executing this contract is legally capable and authorized to bind Seller;
and certified copy of resolution by Chu~ch Board authorizing this transaction! and
(7) any notices, statements, certificates, affidavits, releases, and other documents required bl"this
cOJitract, the commitment, or law necessary for the closing of the sale and the issuance of the title
pd.licy, all of which must be completed and executed by Seller as necessary.
~. At closing, Buyer will: '
(1)- pa,ythe sales price in good funds acceptable to the escrow agent;
(2) deliver evidence that the person executing this contract .is legally capable and authorized to bind
Buyer;
(3) execute and deliver any notices, statements, certificates, or other documents required by this
contract or law necessary to close, the sale.
E Unless the parties agree otherwise, the closing documents will be as found in the basic forms in the ,
current edition of the State Bar of Texas Real Estate Forms Manual without any additional clauses.
10. POSSESSION: Seller will deliver possession of the Property to Buyer upon closing and funding of this sale
in its present condition with any repairs Seller is obligated to complete under this contract, orqinary wear and
tear excepted. Until closing, Seller will operate the Property in the same manner as on the effective date and
will not transfer or dispose of any of the personal property described in Paragraph 2B or sold urider this
contract. Any possession by Buyer before closing or by Seller after closing that is not authorized by a
separate written lease agreement is a landlord-tenant at sufferance relationship between the parties.
11. SPECIAL PROVISIONS: (Identify exhibit if special provisions are contained in an attachment.)
(TAR-1801) 2-6-002
ver~ ,.,Ltf'
Inmaled 'a< Identification by BU~' _ Seller ~~
Page 7 of 14
Produced with ZipFonn'" by RE FormsNet, LLC 18025 F~ Mile Road, Clinton Township, Michigan 48035, (800) 383-9805
Commercial Contract - Improved Property concerning
908 and 912 West Main Street, La Porte
12. SALES EXPENSES:
A. Seller's Expenses: Seller will pay for the following at or before closing:
(1) releases of .existing liens, other than those liens assumed by Buyer, including prepayment penalties
ang re~ording fees;, '
(2) release of Seller's loan liability, if applicable;
(3) tax statements or certificates;
(4) .preparation of the de~d and any bill of sale;
(5) one-half of any escrow fee;
(6) costs to record any documents to cure title objections that Seller must cure; and
(7) other expenses that Seller will pay under other provisions of this contract.
B. Buyer'S Expenses: Buyer will pay for the following at or before closing:
(1) all loan exPenses (for example, appliCation fees, origination fees, discount fees, buy-down fees,
commitment fees, appraisal fees, assumption fees, recording fees, tax service fees, mortgagee title
policy expenses, credit report fees, document preparation "fees, interest e)q)ense that Buyer's
lender requires Buyedo pay at closing, loan related inspectipn fees, amortization schedule fees,
courier fees, underwriting fees, wire transfer fees, and other fees required by Buyer's lender);
(2) pr~paratlon fees of any deed of trust;
(3) recording fees for the deed and any deed of trust;
(4) premiums for flood C!.nd hazard insurance as may be required by Buyer's lender;
(5) , omrhalf of any escrow fee;
(6) copy and delivery fees for delivery of the title commitment and related documents; and
(7) other expenses that Buyer will pay under other provisions of this contract.
13. PRORATIONS, ROLLBACK TAXES, ESTOPPEL CERTIFICATES, RENT, AND DEPOSitS:
A. Prorations':
(1) Interest 00 any assumed loan. taxes, rents, and any expense reimbursements from tenahts will be
prorated through the closing date. '
(2) If the amount of ad valorem taxes for the year in which the sale closes is not available on the
closing date, taxes will be prorated on the basis of taxes assessed in th.e previous year. If the taxes
for the year in which the sale closes vary from the amount prorated at clo~ing, the parties will adjust
the prorations whem the tax statements for the year In which the sale closes become available. This
Paragraph 13A(2) survives closiIig~ '
(3) If Buyer assumes a loan or is takil19 the Property subject to an existing lien, Seller will transfer all
reserve deposits held' by theiender for the payment of ~axE?S, insurance,prerniyms, aDd otOF!
charges to Buyer at closing and Buyer will reimburse such amounts to Seller by an appropriate
adjustment at closing.
Initialed for Identification by Buyer
. p
, . -'--- seller--tf-K--
Page 8 of 14
(TAR-1801) 2-6-02
.",
Produced -Mth ZipForm '" by RE FormsNet, LLC 18025 Filteen M~e ,Road,
Commercial Contract -Improved Property concerning 908 and 912 Wes t }fain Street, La Porte
B. Rollback Taxes: If Seller changes the use of the Property before closing or if a denial of a special
,,- valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or
interest (assessments) for periods before closing, the assessments will be the obligation of Seller. If this
sale or Buyer's use of the Property after closing results in additional assessments for periods before
dosing, the assessments will be the obligation of Buyer. This Paragraph 13B surv,ives closing.
C. Estoppel Certificates:
(1) Within 30 days after the effective date, Seller will deliver to Buyer estoppel certificates signed
not earlier than the Effective Date by each tenant that leases sp"ace in the Property.
(2) The estoppel certificates must state:
(a) that no default exists under the lease by the landlord or tenant as of the date the estoppel
certificate is signed;
(b) the amount of the scheduled rents to be paid through the end of the lease and any rental
payments that have been paid in advance;
(c) the amount of any security deposit;
(d) the amount of any offsets tenant is entitled against rent;
(e) the expiration date of the lease;
(f) a description of any renewal options; and
(g)
D. Rent and Security Deposits: At closing, Seller will tender to Buyer all security deposits and the following
advance payments received by Seller for periods after closing: prepaid expenses, advance rental
paymeq1s, and other advance payments paid by tenants. Rents prorated to one party but received by
the other party. will be remitted by the recipient to the party to whom it was prorated within 5 days after
the rent lis received. This Paragraph 130 survives closing.
-;ASUAL TV LOSS AND CONDEMNATION:
...
A. If any part of the Property is damaged or destroyed by fire or other casualty after the effective date,
Seller must restore the Property to its previous condition as soon as reasonably possible and not later
than the closing date. If, without fault, Seller is unable to do so, Buyer may:
(1) terminate this contract and the earnest money, less any independent consideration under
Paragraph 7B(3)(a), will be refunded to Buyer;
(2) extend the time for performance up to 15 days and the closing date will be extended as necessary;
or' .
(3) accept at closing: (i) the Property in its damaged condition; (ii) an assignment of any insurance
proceeds Seller is entitled to receive along with the insurer's consent to the assignment; and (Hi) a
credit to the sales price in the amount of any unpaid deductible under the policy fOr the loss.
B. If before closing, condemnation proceedings are commenced against any part of the Property, Buyer
may: .
(1)' terminate this contract by providing written notice to S~lIer within 15 days after Buyer is advised of
the condemnation proceedings and the earnest money, less any independent consideration under
Paragraph 7B(3)(a), will be refunded to Buyer; or
(2) appear and defend the condemmition proceedings and any award will, at Buyer's election, belong
to:
(a) Seller and the sales price will be reduced by the same amount; or
(b) Buyer and the sales price will not be reduced.
(TAR-1801) 2-6-02
'n"a'ed foe Identification by ~"I~
~r?
seller~,_
Page 9 of 14
Produced with ZipForm"" by RE FormsNet, LLC 18025 Fifteen Mil" Road, Clinton Tov.nship, Michigan 48035, (800) 38S-9805
Commercial Contract - Improved Property concerning
15. DEFAULT:
908 and 912 West Main Street, La Porte
A. If Buyer fails to comply with this contract, Buyer is in default and Seller may:
(1) terminate.thi.s contract and receive the earnest money as liquidated damages, thereby rele.asing the
parties from this contract; or
(2) enforce specific performance, or seek other relief as may be provided by law, or both.
S. If, withopt fault, Seller is unable within the time allowed to deliver the estoppel certificates or the
commitment, Buyer may:
(1) 'terminate this contract and receive the earnest money, less any independent consideration under
Paragraph 7B(3)(a), as the sole remedy; or
(2) extend the time for performance up to 15 days and the closing will be extended as necessary.
C. Except as provided in Paragraph 15B, if Seller fails to comply with this contract, SeHer is in default and
Buyer may:
(1) terminate this contract and receive the earnest money, less any independent consideration under
Paragraph 78(3)(a), as liquidated damages, thereby releasing the parties from this contract; or
(2) enforce specific performance, or seek such other relief as may be provided by law, or both.
16. AITORNEY'S FEES: If Buyer, Seller, any broker, or any escrow agent is a prevailing party in any legal
proceeding brought under or with relation to this contract or this transaction, such party is entitled to recover
from the non-prevailing parties all costs of such proceeding and reasonable attorney's fees. This Paragraph
16 survives termination of this contract.
17. ESCROW:
A. At closing, the earnest money will be applied first to any cash down payment, then to Buyer's c1os,ing
costs, and any excess will be refunded to Buyer.
3. If both ';p-arties make written demand for the earnest money, escrow agent may require payment of
unpaid.expenses incurred on behalf of the parties and a written release of liability of escrow agent from
all parties.
C. If one party makes written demand for the earnest money, escrow agent will give notice of the demand
by providing to the other party a copy of the demand. If escrow agent does not receive written objection
to the demand from the other party within 30 days after the date escrow agent sent the demand to the
other party, escrow agent may disburse the earnest money to the party making demand, reduced by the
amount of unpaid expenses incurred on behalf of the party receiving the e,arnest money and escrow
agent may pay the same to the creditors.
D. Escrow agent will deduct any independent consideration under Paragraph 7B(3)(a) before disbursing
any earnest money to Buyer and will pay the independent consideratiqn to Seller.
E. If escrow agent complies with this Paragraph 17, each party hereby releases escrow agent from all
claims related to the disbursal of the earnest money.
F. Notices under this Paragraph 17 must be sent by certified mail, return receipt requested. Notices to
. escrow agent are effective upon receipt by escrow agent.
18. MATERIAL FACTS:
A. To the best of Seller's knowledge and belief: (Check (1) or (2) only.)
Initialed for Identification by Buyer
Y'c....l.-f
seller~L
Page 10 of 14
(TAR-1801) 2-6-02
Produced with ZipForm..... by RE FormsNe~ LLC 18025 Fifteen Mne Road, Clinton Township, Michigan 48035, (800) 383-9805
Commercial Contract - Improved Property concerning
!Xl (1) Seller is not aware of any material defects to the Property except as stated in the attached Property
Condition Statement.
908 and 912 West Main Street,La Porte
o (2) Seller is not aware of any of the following, except as described othelWise in this contract:
(a) any subsurface: structures, pits, waste, springs, or improvements;
(b) any pending or threatened litigation, condemnation, or assessment affecting. the Property;
(c) any environmental hazards or conditions that affect the Property;
(d) whether the Property is or has been used for the storage or disposal of hazardous materials or
toxic waste, a dump site or landfill, or any underground tanks or containers;
(e) whether radon, asbestos insulation or fireproofing, urea-formaldehyde foam insulation, lead-
, based paint,' toxic mold (to the extent that if adversely affects the health of ordinary occupants),
or other pollutants or contaminants of any nature now exist or ever existed on the Property;
(f) whether wetlands, as defined by federal or state law or regulation, are on the Property;
(g) whether threatened or endangered species or their habitat are on the Property; and
(h) any material physical defects in the improvements on the Property.
(Describe any exceptions to (a)-(g) in Paragraph 11 or an addendum.)
B. Each written lease Seller is to furnish to Buyer under this contract must be in full force and effect
according to its terms without amendment or modification that is not disclosed to Buyer in writing. Seller
must disclose, in writing, to Buyer if any of the following exist at the time Seller provides the leases to '
the Buyer or subsequently occur before closing:
(1) any modifications, amendments, or default by landlord or tenant under the leases;
(2) any failure by Seller to comply with Seller's obligations under the leases;
(3) any circumstances under any lease that entitle the tenant to terminate the lease or seek any offsets
or',damages;
(4) any non-occupancy of the leased premises by a tenant;
(5) any advance sums paid by a tenant under any lease;
(6) any 'concessions, bonuses, free rents, rebates, brokerage commissions, or other matters that affect
any 'lease; and
(1) any amounts payable under the leases that have been assigned or encumbered, except as security
for>'Joan(s) assumed or taken subjecHo under this contract.
19. NOTICES: 1\11 notices between the parties under this contract must be in writing and are effective when
hand-delivered, mailed by certified mail return receipt requested, or sent by facsimile transmission to the
parties addresses or facsimile numbers stated in Paragraph 1. The parties will send copies of any notices to
the broker representing the party to whom the notices are sent.
20. FEDERAL TAX REQUIREMENT: If Seller is a "foreign person" as defined by applicable law, or if Seller fails
to deliver at closing an affidavit that Seller is not a foreign person, then Buyer will withhold from the sales
proceeds at closing an amount sufficient to comply with applicable tax law and deliver the amount withheld
to the Internal Revenue Service (IRS), together with appropriate tax forms. IRS regulations require filing
written reports if currency in excess of specified amounts is, received in the transaction.
21. DISPUTE RESOLUTION: The parties agree to negotiate in good faith'in an effort to resolve any dispute
related to this contract that may arise. If the dispute cannot be resolved by negotiation, the parties will
. submit the dispute to mediation before resorting to arbitration or litigation and will equally share the costs of
a mutually acceptable mediator. This paragraph survives termination of this contract. This paragraph does
not preclude a party from seeking equitable relief from a court of competent jurisdiction.
22. AGREEMENT OF THE PARTIES:
A. This contract is binding on the parties, their heirs, executors, representatives, successors, and
permitted assigns.
(TAR-1801) 2-6-02
loitialed fo, Ideotificatipo by B'"
,?
~l{
Seller~.?- ,
Page 11 of 14
Produced with ZipForm '" by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton T O'M1Ship, Michigan 48035, (800) 383-9805
Commercial Contract _ Improved Property concerning 908 and 912 West Main Street, La Porter
_B. This contract is to be construed in accordance with the laws of the State of Texas.
oJ. This contract contains the entire agreement of the parties'and may not be changed except in writing.
D. If this contract is executed in a number of identical counterparts, each counterpart is an original and all
counterparts, collectively, constitute one agreement
E Buyer 0 may ~ may not assign this contract. If Buyer assigns this contract, Buyer will be relieved of
any future liability under this contract only if the assignee assumes, in writing, all of Buyer's obligations
under this contract.
F. Addenda which are part of this contract are: (Check all that apply.)
o (1) Property Description Exhibit identified in Paragraph 2;
. 0 (2) Condominium Addendum;
o (3) Financing Addendum;
!Xl (4) Commercial Property Condition Statement;
o (5) Addendum for Seller's Disclosure of Information on Lead-Based Paint and Lead-Based Paint
Hazards; ,
o (6) Notice to Purchaser of Real Property in a Water District (MUD);
o (7) Addendum for Coastal Area Property;
o (8) Addendum for Property Located Seaward of the Gulf Intracoastal Waterway; and
o (9)
(Note: Counsel for the Texas Association of REAL TORS@ (TAR) has determined that any of the foregoing addendum which
are promulgated by the Texas Real i;state Commission (TREC) or published by TAR are appropriate for use with this form.)
23. TIME: Time is of the essence in this contract. The parties require strict compliance with the times for
_performance_ If the last day to perfo!11l under a provision of this contract falls on a Saturday, Sunday, or
egal holiday, the time for performance is extended until the end of the next day which is not a Saturday,
Sunday, or;Legal holiday.
24. EFFECTIVE DATE: The effective date of this contract for the purpose' of performance of all obligations is
the date the,;escrow agent receipts this contract after all parties execute this contract.
25. ADDITIONAL NOTICES:
A. Buyer should have an abstract covering the Property examined by an attorney of Buyer's selection, or
Buyer should be furnished with or obtain a title policy.
B. If the Property is situ'ated in a utility or other statutorily created district providing water, sewer, drainage,
Of flood control facilities and services, Chapter 49, Texas Water Code, requires Seller to deliver and
Buyer to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fees of the
district before final execution of this contract.
C. If the Property adjoins or shares a common boundary with the tidally influenced submerged lands of the
state, 333.135, Texas Natural Resources Code, requires a notice regarding coastal area property to be
included as part of this contract.
D. If the Property is located seaward of the Gulf Intracoastal Waterway, 361.025, Texas Natural Resources
Code, requires a notice reQarding the seaward location of the Property to be incluqed. as part of this
contract.
Initialed for Identification by Buyer
r'l. c.r
Seller ~Cf-
Page 12 of 14
(TAR-1801)2-6~2
Produced -..ith ZipForm.... by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton Township, Michigan 48035, (Boo) 383-9805
908 and 912 West Main Street, La Porte
Commercial Contract - Improved Property concerning
E. If the Property is located outside the limits of a municipality, the Property may now or later be included
in the extra-territorial jurisdiction (ET J) of a municipality and may now or later be subject to annexation
by the municipality. Each municipality maintains a map that depicts -its boundaries and ET J. To.
determine if the Property is located within a municipality's ET J, Buyer should contact all municipalities
located in the general proximity of the Property for further information.
F. If apartments or other residential units are on the Property and the units were built before 1978, federal
law requires a lead-based paint and hazard disclosure statement to be made part of this contract.
G. Brokers are not qualified to perform property inspections, surveys, engineering studies, environmental
assessments, or inspections to determine compliance with zoning, governmental regulations, or laws.
Buyer should seek experts to perform such services. Selection of experts, inspectors, and repairmen is
the responsibility of Buyer and not the brokers.
26. CONTRACT AS OFFER: The execution of this contract by the first party constitutes an offer to buy or sell
the Property. Unless the other party accepts the offer by 5:00 p.m., in the time zone in which the Property is
located, on the offer will lapse and become null and void.
READ THIS CONTRACT CAREFULLY. The brokers and agents make no representation or
recommendation as to the legal sufficiency, legal effect, or tax consequences of this document or
transaction. CONSULT your attorney BEFORE signing.
Knox W. Askins
Buyer's
Attorney is Askins & Askins, P. C.
Seller's
Attorney is
Jim G. Fox
Dover & Fox, .P.C.
P.O. Box 1005, Deer Park, TX 77536
P.O. Box 1218, La Porte, TX 77572
phone: 281.471.1886 / 281.471.2047 fx
t
Seller: New Eife Christian Fellowship
By /dp- ~
By:
Printed Name: Gregory L. Holley
City Manager
Title:
President / Founder
Title:
Buyer:
Seller:
By:
By:
Printed Name: '
Printed Name:
Title:
Title:
(TAR-1801) 2-6-02
Page 13 of 14
Produced with ZipForm'" by RE FormsNet, llC 18025 Fifteen Mile Road, Clinton T o'MlShip, Michigan 48035, (800) 383-9805
Commercial Contract - Improved Property concerning
908 and 912 West Main Street, La Porte
AGREEMENT BETWEEN BROKERS
Principal Broker agrees to pay NOT APPLICABLE (Cooperating Broker) a
fee of $ or % of the sales price when the Principal.Broker's fee is received.
Escrow agent "is authorized and directed to pay Cooperating f;3roker from Principal Broker's fee at closing. This
Agreement Between Brokers supersedes any prior offers and agreements for compensation between brokers.
Principal Broker
By:
Cooperating Broker
!?y:
ESCROW RECEIPT
Escrow agent acknowlEfdges receipt of:
OA. the contract on this day , (effective date);
DB. earnest money in the amount of $ in the form of
on .
Escrow Agent: Address:
By: Phone:
Fax:
(TAR-1801) 2-6-02
Page 14 of 14
Produced with ZipForm"" by RE Fo'ms~et, LLC 18025, FiflE>en Mile Road, Clintpn Township, Michigan 48035, (800) 383-9805
EXHIBIT "A"
PHOTOGRAPHS OF PERSONAL PROPERTY TO REMAIN WITH THE PROPERTY,
AND BE CONVEYED BY SELLER TO BUYER, AT CLOSING.
Subs-li1l,t-}ecJ on +he. --Ploof.
Feazelle. Debra
From:
-ent:
.0:
Subject:
Knox Askins [kaskins@houston,rr"com]
Monday, February 12, 20074:15 PM
dyed@laporte,tx,gov; Feazelle, Debra; feazelled@laporte"tx,com
Exhibit "A"
"EXHIBIT "A"
Photograph of the personal property to remain with the Property, and
to be conveyed by Seller to Buyer, at closing.
The property shown on this photograph is not all inclusive.
Representatives of Seller and Buyer shall walk through the Property prior to closing, to
determine which additional personal
property shall be conveyed by Seller to Buyer at closing,
and which personal property shall be retained by Seller.
/Uw.) uhv'" kJ~1 A 5v. bs+; --f-u.AeJ en ~e +-1001.
1
,
01(15/2007 ION 1~:13 FA!
.J4?,,10 07 04:40p @
o
.'
61/04120~7 THO 13:28 FAX
. ':
..
p.1S
~OO1l001
TEXAB ASSOCIATION. OF RBALTO'RS@ .
COMMERCIAL PROPERTY CONDITION STATEMENT
US!! OF'TlilSFOlUI G'I"~"";.ARS IlO't f.EM3SRS'CJI'"n!l'!~~-rn>>lo;:::u:A'TO:>$lllI!" I<<lT .A1Jl"NOiU2S.
1!IJ'_~tl'$!:AI.TO'/l9P.~2GO& .
CONCERNING THE ffiOP€RTY AT: qo f - tu. ?71 ~ ).f. U-tk:7;lr ;;;0:; /
THSS lS A DISCLOSURE OF THE SEU..ER'S KNOWL.EDC.?E OF THE CONOmoN OF TH~ PROPER1Y AS OF
THE DA.IE. SIGNED. IT IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES. A. BUYER OR
TENANT MAY WISH TO OBTAIN.. IT lS N9T A WAR'RANTV OF NN KIND BY ~Eu..ER., SeLLER S AGENTS, "'I
OR NN OTHER AGENT.
Are you (Seller) aware of:
. (1) any of the following environmental conditions 'on or affecting the Property:
(a) radon gas? _ . , . . : . . . . . _ . . . . . , _ . . . . . . . . . . . - - - - . . . . . . . - . . - . . . . . . . . . . , . " CJ
(b) 'asbestos components:
(i) friable 'c9mponents'?' ~_ . . .. , ., . . _ , , , .. . . . . - ; . . ... - . . . - , . . , . . . . . . , . .'. . .. 0
(if), non-friabte oomponems?- _ _ . . . . . . _ . . . . . . _. . - . . "- . . . . . . . . . . . - . . . .. . . . .. 0
{c:} ure&fCI~dehyde insu~? . .. . . . . . .. .',. .. . . . . . - . . . '. . '. . . ...'....: . . ~, .... .. . ". 0 . .
. (d) "endangered, species OftheidlSbitat? . : . _ ,. . _ . -- ., . .. . . . . . . . ; . - ~:" ~<,' ~. ~. .'~. .: 0 .
(e) wetlaoos"?,....... _ . . _ _ 0 _ . _ . ~ '. ; . 0" . . . . ,". ... . . . . . . . . . . . , . , 0 ~ . . '. :.., - '. . - , -' 0
(f) underg~Qd storage tanks? ...... . . . . _ " 0 . . . . . . . . . . . . . " - . " . '. . . " " . . . . . . . . . ., 0
(g) leaks in any storage t2;1nlcs (undergll)Und or above--ground)? - ~ . r . - . , . . . . .". - . . . . .. 0 .
(}1) (ead~ paint? :. . . . w . . . . . . . . . . . . _ . . : . . .: . . . . . . " . . . . . . . . . .. . . . . . A :. .. 0
(i) hazardpUs materials orioxicwa$? ..... .. .. ,..... ,". .. ... ..... . . ..~. ...... .. 0
(j) . open Dr closed landfills 0fI or under the surfaca of the Pt1?perty?, .,. . . . . . . . . - , . . . - ., 0
0<) ~mal c.xmd1ttoos rnStenaHy and adversely affecting the Property such as
nearby landfills; smelting plants. burners. storage facilItIes of toxIc or hazardous ,
mawdals. refin~. utI"1ity tr.a,nsmission lines. mills. feed Jots. and the Dke? - - . . - . - . - - - 0
(9 any ~ctivity reI~ijng ~o ~ or excavation Sites for oil, gas. .or other minerals? . . . . -. 0
{2J previous amilronm~l COl'Itainination !hat was on orthat materially and aduen::eJy
affected the Property, IndUelIng but not limited to f)reviotis envlror1l:1'1a.ntat condItions
liSted in Paragraph 1 {a)-ill? . _ . . . . . , . . . . . . . . . . . . . " . . . . . . " . - . . . . . . . , . . . . . '0 " . . .. 0 ~
(3) any part of the Property Iylng In a special flood hazarq area (A or V Zone)? r ~ . . . . ... . . . . .. Cl./'" 0/:"
(4) any improper drainage onto oraW$~fro~ the Property? '0". ", . .'. . . -.. . . . ..... ,. ... 0 ~ ./'
(5) any fault fine Of' nesr the Properly ths.t mstarisIly and adversely affects the Property? . . . , . r D 1sd"""
(6) outStanding mineral rights. excep6ons, or l'eSeJVanons of the Property hetd by other3? . . . .. 0 ~
(7) , sfr $p~ce restrictions or EI3St:o....e. rho on or affecting th~ FTopsriy? _0 _ . . . . . . . - . : . . . . . " . .'.. CJ ~
(6) unrecorded or unplatted agreements for easements, utilities or acc:ass on or
to the Property? .. . . . . . . . , . _ . , . . . . . . . . . . . . . . . . : . . . . . . . . .. . . . . - . . . . . . . - .. 0 . If
k cr_1_ 10-10.0s 1nl\1a1ed ""....... ~T"- . ... SeJ",t Ui> Bt _ ~ t:t- Page 1 of.
,ilL ~_I.Il4,.'nr-1l:'1"'" ~NT>ST"'-~ r"'~""'- '13["11571 . .
]>V 1>~:U.bl1!B555 ~ ")'H-4"U.:P3' l'URCHASE.:z;6i;
Pft;o:!ucer;l \lIl1tt ZlPFonn..c by mt~o~. u.c-:a1l2S l"lfIeen MIle Rosd. Cllntm T~ Mlch1llan 480S5. (BDll) 3SS-Sl!I05 _71......."., ""'" .
. PART't _ eomr:tl9la If Prooartv Is 1~9d 0" Unim~roved
Aware
+-
Not
A-:';t:::r;;
~
~.
.~:
.~
.~
~
if'
~
~
el'
~
01/],,;;/l~,907 1r1UN ,.11: 13 i"AJl,
Ja~ 10 07 04:41p @
o
01104/2007 THU 13:19 FAX
.
~ UV~I' UVI
'p. IS
~OOl/002
cormn~ Property Condition StatemerK (;onc;cming q ~! tIJ I M tt/AI
iff~*- 7%-2.?0/'/
Aware
, ' -
(9) special di$triets ;l"l Which the p~ lies (foq:xsmpfe, hietorical districts. development ,"
, c:fi$lricis, extrsterrltorial juriedic5ons, or others)?. . . . . . . . . . . . . - . . , . . . . . . . . . . . . . . , . . .. O.
(10) pending changes in zoning, restrictions, or in physl~l usa of the Property? . . . . . . - . . . . ' .. 0
(11)your'~pt 9f any notioe concerning any likely condemriation, plsnned streets.
highwayS. railroads, or dsvslopmsnts 1hat would materially and a~eraely. affe<:t the .
Frcperty (inolumng acCess orvis'ib~ty)?.. .. .. .. .. . _ . . . . , . .. . . . . . . . . '.' . . , . . '.' . ... 0
(12) lawsuits affecting title to or use Gt" enjoyment of the F1-operty? _ , . , . . . . . . . . . . . . . . . . . . .. 0
(13) yoCJr receipt of any written notices of violations of ;::;oning. dCl:Sd Tsstrictions, ot"
government regulations from EPA. OSHA. TCEQ, or other government agencies? . . , - . . .. 0
(14) oommon areas of faCIlities affiliated with the Property co-owned with others? . . . . . , . . . . . '. 0
(15) an owners' 01' tenants' assocla-tion OJ" maintenance' fee or assessment affecting the .
. Prope:1'Iy:? .. . . . . . . . _ . .. . . . . " . _ . . .. . . . . . .. . . .... .. . . .. . . .. .. . .. ,. .. .. .. . .... .. - . .. .. .. .. . . ~ . I .. . ... - - .. - 0
If aware, nama of association:
Name of manager.
Amount of fee or a5$~llIent: S per
Are fees current through the date of this nobi:;e? 0 yes 0 no 0 unkrrown .
,(16)subsurt.ace slnJclures. hythauJic:liftS, Drpits"on the Property? _ .'.,.. :.. _. , . .. .. .... - -. - 0
(17)inteTrnlttent orweatherspringsfttataffed:theProperty? .... _'... _.. -. _:... - - .... ~ ~ ," 0
. I \)... ..
C'l-S) any material defect in any 'Irrigation system. fences, Of" signS on the Property? . , . _ . . . . , ". 0
(19) conditions on or affecting the Property that materially affeCt; the health or safety of :
an ortfmary Individual? , . _ . . . . . . . _ " . . _ . . . . _ .'. . . . _ , ~ . . _ ~ . "," _ - " , .'. ." " - . '.- . " - . - . .. 0
If you are aware of any of the conditionsi~sfed abnve. ~rain. (Attach addif:1onaJ information if needed.)
eEt. I' '~/~
'#If (I, I d-lLe./'j i ~ ' ifYJflAF( Y .J.{'lL;/Je;rt ~." +0 S~p*
. f)IJ-P -to. ~ ~"I\JJ ~nJ1J~"'~~-fp.cJ. ~I'~- ~Q.)J\,~
eA1IdJ4~e.. ~;....k:~ (!tL~"'i ~.p ~/Qad. (Uq/-#ti
"---~.M . &:zj:dfiJ) , p(-lIt'/~7 fkfl_n'-( S~PA1:t..
PAR~ 2 - ComoJem onlY if PrCDQrtV i$ Improved -
A. .ArB you "(Seller) aware ~ any maf:etial defects in ~ny of the fol(O\yjng on the ~-?
Nat' Not
(1) Struclurallterps: .' Aware . Aware &mb.
(a) fi?undatIon systems (slabs, cOlumns, trusses~ bracing crawl spaces .
. pIers, b~ms. footings, rataining waDs, basement, gr:a~ing)? . _ _ _ _ : _ _ . . . . _. CJ
(b) exterior waifs? . . . . . . . . . - - . . . -. . . . . . . . . . 0
. ...............................P....
(c) rll"epfac:es and' chimneys?, - - . . . . . . . . . . " . . - ,', . . , ; ., . . , . . . . . . . . . . . ~ .. 0
(d) roof, roof structur~. or attic (covering, flashing. skylights, insulation, roof
penetrations, ventilation, sutf:Jrs and downspouts. declQng)? . . . . , . . . . . . _ . _ 0
(e) Windows. ~oors. plate glass. or canopIes? ',~" .. . _ . . .. . . , . .. . .. . . . ~ . .. 0
::-
o
,~ 0
Vo
. /. ~"_. A~'
fl:AR~1408} 1(l..1s..o5 lriiliafed by ~orTenant: . and $eJJ.enf.llLf ~ ~,
~voedwiU>~""bJ' REFOrmsNcllLLC 'Sll25:FiftAleftt.lll'e . "TOwn$hb. M',..,.:-.-.I8-".(800)~-9aft,. . .
- ~_,,_. U-=., -.".. _"" ~..."_".,.,,
.~.~.
Not
Aware
~
~
~
~
~'
",
~
'0--/
C:V-"
~'
o
~
Page2of4
p~~
@DD2J002
4 ~/fe ~ ~~~71
UH i!,(.;,,:Y~~ ftIl!J'I/,. ~i.;./.4 l'f't.},.
.!qn i 10 07 04~ 41p
@
o
, ,
01104/2D07 THU 13:29 FbI
commcn:;i:2f Propcriy ConditiQD. St*rnenf ccn<::aming
9tJ Y IJ} 1)1/J 11/ AJ
'. ..,.... -.: -
p.20
Not
~
o
Q
,,~
~
.~
.~.
~.
o
Ncrt
Aware A7
~
[J
Q
o
o
o
o
o
~O
,~
o ~
~~
o er---
CI ~,
(J ~
~~"
exprain. (Attach
(2) ?lumrnno Svstems:
(a) water heaters or water softeners? .. . . . . .. . .. . , : .. .'. .. :.. . . .. . - ... . .. 0
(b) supply or drain lines? . . . . . _ . . . . . . . . . . . . . . - - - - . . . . . . . . . . . . . 0 . . . . . .. 0
. '0.' 'iauceits, fixtures, -oT'cdmrnol1~? . . .. . . . . . . . .. . . . . . . . . . . , . . . . . . . . . . .. 0
.\::I I :
(d) private seWage systems? . "".. . . . . . . . . . . . . . . . . . . .. . . --.' . ... . . . . . . . .. D.
'($0) pools or spas and ~uipmsnb? . . . . . . . . . . . . . " . , . . . . . . . . . . . . . . . . . . . . .' 0
(f) sprinkler systems? . . _ . . . . _ . . . . . . . . . . . , . . . . . . . . . . . . . - . . . - - . - - . . . .. 0
(9) weier coolers? . . . . . . . . . . _ . . . . . . . . . . . . . . . . . . . - . . . . . . . . . . .'. . . . . . .. 0
(h) private wa~rwen$'? . . _ _. . 0 . . o. _ .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . .. 0
(i) PUITiPS of sump pumps? . . _ ., . . . . . . . . . . . . . . . . - . . . - . . . . . . ~ . . . . -,' . .. D/"
(3) HVAC Svstems: any cooling, he;aBn9. or venb1afiofl systems'? . . . . . . . . . . - . - .... ij2(.
(4) Electrical SYstems: se;yice drops.. wiring. connections. conductors.< plugs.
grounds. power, polarity. switches. light fixtures. orjunction,bl;lxes?.. ..... ..... 0
(5) Qttlar SVstems 9t' Items:
(a) seCl..llity or fire defection sysmms? . . _ ., . . __ .. . .. - - . . . .. . - . . . - - .. . :-. 0
(b) porches or decks? _. _'" _ _ _' -. .. .'.. . -. "0 -.....- .... -'" -.. -.. -. -... 0.
(0) gas lines? . .'. _ ~ . . . . . . _ . . ". . . . . . . . . . . . . ". . . - . . . -'" - - - - . . - . - . . . . . - -. 0
(11) garage d09r'S.and dooropera1DfS?. .,. .......... .. ..... .,.. .. ... ... .. 1:1
(e) lOading dOors or docks? . - - . . - 7 . . . . . . . - . . . . . . . ..; . . . .- . . . .'. . '.. . . . . .. 0
(f) rails or overhsad cranes? - -- - - - . . -. . . , . . . . . . . . . . . . . . . . . . . - . . . . . . .. Q
(9) elevators oresc:alators? .. - -. . . . . .. . .. . .. -.... .. ... .... '.' . . '. ., .. .. CJ
,,(OJ parking areas, drives. steps~ walkWays? . . . . . . . .. . '.' . . . . . . . . . .. .. . . . .. 0
{i) appHances or bUJ~fn kitchen equipment? .. . .. . . . . .. . . . ~. . . . ". .. . . . .... t:l
~f you are aware of material d~ in any of the items listed under Paragraph A
additional infonnation if needed)' I
-if l* ?Jb J I
3 t(1J1 A IS ~t 6~'1' {!..ftAJ be. ~('
=tp i +h. <~+- s-+ \".~ P i--Aj ~41t:ea' #
o
IJ1fi:!-
B. Are YO'..1 (Seller) aware of: .
(1) any of fue. following water or ~ge conditions materially and adverselY
Elfl'ecting the Property:
lei) Qrot1Jld water? . '. . . . . - . '" . - . - . : . . . . . . . . .. '0
(b) water penetration? . _ _ . . . . _ _ . _ . . . . . . . .. ... ..................,.... ~ . . . . .
(c) pf!3Vious flooding orwatar drainage? .. . h : ~ : ~ ~ : . : . .. -- . .. . - . . .. -- - . .. . . . . . .
... .................r....,.....,....
Cd) soil erosion orwaterponding?.. - ~ _ _ _..... .. _ .:.
,. ;...".....,,~.....,_.........~......,...
Not
Aware Aware
D..~.
~v
~ N/.......~ ~~
(fAR-1408) 10-18-0S lritialed by Buyer o...:ranant . and Seller' .. "'I
'l"J<lQucedVlilh2ipF'om1~b~~Forr..a~u.cillo:l5~NilII "_:,.~~.,- .............n.-- L-OO)~--8-- .
~~'""i"o-~ "'~..\.'G ~~ ~VJI.J.JuI"'~,""~-,,,,"
Page:3 of4
~
01/15/2007 MUN 11:14 ~AA
. .:ran' t'rJ 07 04: 42p
'to .
o
@
p.21
~~Ol/001
11 t "/lJr /JltfA V , k;J;~-fL '7Jr;:;,~c? /
(2) . previous structural repair to the fouodation systems on the Property? . . .'. . . . . . . : . . . . . .. 0
(3) settling or soil mOV'em~ materially and adversely affecting the Property? . . . . . . . . . . . . .. 0
(4) 'pest infestation from rodents. insecls,orpther organisms on the Property? . . . _ . . . .~. . . .. 0
(5) termIte or wood rot damage on the Propeny needing repair? . . . . . . . . . . . ~ . .. .. . . . . . . . - 0
(6) mold tg the extent that jt material[yand adversely affects the Property? . . . . . . . . . . ,; . . . .. 0
(7) mold remediation cerIif.-cate isSued fur the i='ropert.y in the previo~s I;; ye8fS? . . . . . . . . . . .. 0
if yes. attach a copy of the mold remediation cerlificate.
.(8) previolJS termite treatment on tne ?rcpe~. . or . . . . . . . . ... .. . u . . . . . .. . . _ ro.. . . ''- 0
(8) previous fires thaUnaterial1y affected the Property? . eo . eo . or _ - . . - ; . . . .. eo . . . , . . . ... 0
(10) modifications made toUle ProperLy1Mthout necessary p.ermits or not in compliance .
with building code~ In effect at. the time? - or . . . " . . . - . .. . . _ . _ . _ . . . . . . . . . . . . . _ - __ . .. O.
(11) any part, system, or component in or on the Property not In compliance wi1tJ
" tile Amer1Cans With DiSabnities: Ad: lOt me Texas Arehitectur.:al BarrIer statute? .. . . . . . . . .. 0
If you are aware of any conditions daseribed under Paragraph B. explain. (Attach' additional information,
if needed.) J / . - :
Bltlf'J _
. " . .
S~M-e.- 9t-ree-f- '~~1JfhoJfu'i "g~{'~ Due +tl
_ fl.: I 4i t) k; ~ :~-~J of!- ; Ai tl-if.iy iJJCUf ~ ;"rl1J "(!, Abfe /hnJ ,- r
/II. I r.: /v <'") ./ ~. 0 "4Cfb, . "-.te: t...... I ~... on
SeUerI !Ie...>'- (;.< <-+,a',,,,,- '?l"~"''''-' <'" '" , ~~ ~. I
Dala:
01/0412.067 TIm UdO F.AX
Commercial Property Condition Slatetnem c::ancewfllg
~
N()t
Aware
~
Qr"
~
~
~
tz(
r//
Seller:
The I.lnd8A1igned ac:;knowledges .rec;eipltofthe foregoIng $1a~ment..
Date:
d. -I /A - Joo 1
Buyer or Tenant
I>.!lte~
NonCE TO BUYE;R OR TENANT: The broker repre$&ftting Seller and the broker I'Qpresenting you
advis~ you that ibis ~ent was completed by Seller. as of the dale sign.:d. ThQ brokers have relied
on thIS sta1Bment as true and colT8Ct and havs no reason.to herl9Ys it to be false or inaccurate. YOU .
ARE ENCOURAGED TO HAVE AN INSPECTOR OF YOUR CHOICI5INSPECTTHE PROPERTY.
(T'AR4408~ 10~18-05
Pcodllll<:d """ :zipF"onn- by R5 Form::Nc!, t.LG 1eoz.s F"a-t IoIib Rc>:od, Clil1!.Cln Townth1P. Michls= <!Qll25. (llOC) atuBllS ""';"ZO-."""",
Pa~e4of4
PUR.CHAS~
01(15/2007 MON 1~:13 K~
Ja~ 10 07 04:40p @
o
p.18
01/04120~7 THU 13:~B FAl
~OO1/001
..
TEX-.~ ASSOCIATION. OF RsALTO'RS@ .
COMMERCIAL PROPERTY CONDITION STATEMENT
tlSeOl=-nusi:OfolllS1"~_.am!ROl"~OF"1"~~""""'O~ru:Al-"T()l:I$ll>'" ~OT~'
<<I1.-..~"raEAI.TO~.IsIc.ZtAl& ~
CONCERNING THE PROPERTY AT: q I ~. . w, MLM<.-. tL(fMtLJ)c '/';15'7/
THts lS A DISCLOSURE OF THE SElJ.ER'S KNOWL.EDC?E OF THE CONDmoN OF TH~ PROPERlY AS OF
THE DATE SIGNED. IT IS NOT A sussmUTE FOR ANY INSPECTIONS OR WARRANTIEiSER, A.~'i'g=~:
TENANT MAY WISH TO OBTAIN. IT 1S NOT A WARRMITV OF MV.Y KIND BY ~ELLER, SELL I ",
OR MN OTHER AGENT.
, PART I _ comDlate if P;roDSrtv Is IJ'IIDTi'I'V9d 01' Unim13l'oved
Not
~
Aware A';;.~
Are you (SeJler) aware of.
"(1) any cfthefollowing envircnmental eoncfdions'on Dr affecting the Properly: if'
(a) radon gas? _ _ . . . : . . . . . _ . . . . . . _ _ . . . . _ . . . . . . - - - . , . . . . . . . - . . . , . - . . . . - . 0 ., 0
(b) :oo:::;=:~, ~.. . 0 . .. 0 . . 0 . .. . .. . .. . ; .. , . 0 . .- .. , .. .. . . .. . . .', .., 0 .~ '
(ii). non-friable oomponenifs? . _ . . _ . . _ _ . . . 0 . 0 _ . . . . . . _ . . . . . . . . . . . . . 0 . 0 . - . - . 0 0 Io:a
{e) !-'rea-foJ1'T12iIdehyde insu~? 0 . . . . . '. . n ... .. . .. .. . . . -'. . '.. ....... . . ~ :.~ . ',~ . .: 0 :. ~~,
'(d) 'en(lange~d. species ofthaidlabitat? 0 . : . - .. . - - - . - . . . . . - . - . . . ; . . ~< 7":~ 0" .. . . . . ~ 0 ~
~:) wetlands'?. 0 . . . . 0 . .. . _ _ . _ . _ . ~ '. ; . .0. . . . w w'. . '. . . . . 0 . , . . . . . . . . . - . '. ,~,':'" . - . ., a ~/ "
VJ underg~d storage tanks? ...... . . . . 0 '. . . . . . . , . . . . . . , . . . . . '. . . . . . . . . . . . . . .. 0 J2f
(g) leal<s in any storage tanks (underground or above-ground)? - ~ . . . . . , . . 0 . .". 0 . . . . .. O' ~
(h) lead..tJased paint? .'. . . _ .. . . . . . . . 0 . . . . . . . ; . . _: . . . . . . . . . . . . . . . . . . . . . . . . : 0 .. 0 LA' -
(i) hazamoUs materials or1axicwast;:l? .. 0... _........ ."............ . . ..~. ........ 0 .~
(j) , open or closed landfills 0!'11 or under the suJfaca of the PO?.Perty?. .,. . . . . . . . . . . . . . . .. 0 V
(1<) e$mal cond1tlons mSten.auy and adve>sely affecting the Property such as
nearby landfills; smelting plants. burners; storage facilItIes of toXic or hazamous . ............-
ma-.e~IS. ref"~. utI"1ity ~nsmission lines. .mills. feed lots. and the Uke? _ _ . . . - . . - - - 0 ~/
<9 any aclivif.y reI~ ~o ~ or excavation sites for oil, gas. or other minerals? . . . . . - 0 L2f
{2J pi'eVious environ~t containinatron that was on orthet materially and advelSely
=~ ~~"{:~~.~o~t.u~t~ ~~ :~~~i~~ .~"."~~~~ ~~~~~'" . . . .. 0 ~ .
(3) any part.ofthe Property Iylng ina special flood hazan;! ar~ (AOrVZcne)? ~. ... .". 0... .. 0 I;Zf ./
(4} any improper dfC1inage onto or awa~ fralT! the Property?, '.' . . . . . . .. . . . - . . . . . . - . . . . . . .. 0 I2f /'
(5) any fault fme 01' near the Property that materially snd adversely affects the Property? . . . . .. Et 3./
(6) ciu~ndifl9 mineral rights, excepfions, or reservations of the Property hetd by others? . . . .. 0 if
(7) . sir 3P~ rssiric1:ioos or easeTn!l!1ll"d:s on or sffecfing the Pr-opsJiy? .' . 0 . . . . . . .- . :: . - . . . . . .'.. (J t2'
(6) unrecorded or unplatted agreements fer essemenis, utilities or accass on or /"
irAAr1:::~.'~~:;"~~:;':~--":..;".~I~~~~:~.. 0 Page::.
~=,=T.."'.~.ItI~=~~~'];X~LillCY . roRCHASE.zfX
p~ \11M 2:lDFonn'ft.t blf RltPonMNe:. u.c~lJ2S Fltleen MUe Rasd. ClJntcn TDI'IlIShll7. MIcIlIqan OOSCSS. (BOO) 3ll3-B~ _7~ P'<:c .
OJ/l~/Zg07 MON 11:13 ~AX
~UU..)I'UUI
Jan 10 07 04:41p @
o
'10. IS
01104/2D07 THU 13:,29 FAX
,
~ODI/002
co~;'~rty Condition Statement GO~ing Y7 J1.
t<J.JJ1tt,7J/ * kA~~-t7.J(1
Net
. Aware Awara
~9) SpeCial districts in Which the. p~ lies (foqooampfa, historical districts. development "" , /'
dishicis, extrstenitorisl juri$:lic6ons. or others)?: . . . . . . . . , . . . , . . . . - . . .. . . . . . . . . . - . .. CJ. J2f /'
(10) pending changes in zoning, restrictions, or in physl~l usa of the Property? . . . . . . - . . . - , .. 0 . er
(11)your'reoeipt 9f any notice concerning any likely condemrlation, pltanned streets, "; ~
' highways, railtoads. Of dsvelopmsn($ 1hat would materisUy and a~ersely. affect the ..
Property (inclucfing access or vis'ibi!ily)? . . . . . . . . . _ . _ . . . . . . . - . . . . . . . . .,- . . . . . '" . . . . - 0 =./"
(12) lawsuits affecting title to or use or enjoyment of the Properl.y? _ , . . . . .. . . . . . . . . - .. . . - .. 0 JZJ .
(13) your receipt of any written notic::es of violations of ~oning. desd restrictions, or ~
Sovamment regulations from EPA. OSHA, TOEQ, or other government agencies? . . . . - . - - 0 ,eJ
(14) common areas. of faalitles affiliaied with the Property co--owned with others? . . . . . - . . . . . '. 0 r-
(15)~~: ~~~~~~~. ~~~~ ~ ~~~~~~:~ ~ ~~~~~: ~~~~~ ~ . . . . _ _ _ _ '0 ~
If aware, nama of association:
Name of tnat')ager:
Amount of fee or assessment: S per
Are fees current through the dalla of this notii:;s? 0 yes 0 no 0 unknQWJ1 .
,(16) subsur1Sce slruclures, hydraulic: rIftS. Dr pits' en the Property? _ .' _ . . . : . . . , , . _ . . . . . . - - - . - 0
(17) intetn'littent Dr weather springs that affect the ?ropert:y7 . . . _ . . . . __ . . __ _ .- .. - - _ .. .. , :.-. 0
. 4) ~ ~ .
(1-8) any material defect in any "lrtigdan system. fences, or signs on the Property? _ , . . _ _ . , . r.. 0
(19) conditions on or affecting the Pmpeny that materially affeCt; the health at safety of :
an onitnary IndMduaJ? . _ _ . . . . _ _ _ _ _ . _ _ _ _ . _ . .'. . _ _ _ . ~ . . _ ~ _ ., _ _ , . . .', . . _ . _._ . . _ . _ . .. CJ
If you are aware of any of the eondilions"Usfed above. explain. (AfJaCh additional Information if needed.)
. , '
~
~
~.
~,
F'AR~ 2 - ComaJel:& onlV if PrCDQrtV is Im~J'oved
A. .Ara you "(SeIler:) aware m: any material defects in any of the fblfO\ving on the ~
(1) Sfructul1iilltems: .' Aware
(a) fC?Imdation systems (slabs, cOlUmns, trusses, bracing crawl spaces '
. plers. beams, footings. retaining waDs, basement, gra:ding)? . . _ _ . : _ . . _ . " _ _ CJ
(b) exb5lrlor walls? . . . . . . . . . .. . . . -. . . . . . . . . . . ' 0
. .........................
(e) f'lI'aprac:es and chimneys.? - - . , . . . . . . . . - - . _ .'. .. . , 0
...........................
Cd} roof, roo! structure. or attic (covering, flashing. skylights, insuration, roof
penefrations. \leMtlatlon, ~rs and cfownspOt.lt$. deciQng)? . ,_ .. .. . . . _ _ . _ 0
(e) Windows. ~OOTS. plate gJass~ or canopies? .. ~ . . . . . . . . _ . . . . . . . . . . . . . ~ . ., 0
Not. Not
Aware AlmI:
~~
o ~
'~D
~D
.~
. I . ". . .
CJ:AR.1408) 1o..1a.oS lriffi'ated by Buy~Gr'Tenant: . and Seller fV.L e..'F ~7 .,4-) W-
"-*l/Cll!lduriU>~"" by REFoImsN.el lie 1SlJ2SFiIl.oenUlle II T~ 1\.(",......".......lS035 (800)~~ ft_'" . .
. ~~,,_. _ .00"..,,;,,; ~...,,_""'"
Page2of4
~
..~,~..
Ul./ l.~(.;!)JU~ ~Url. ~l.: 14 1:'iU.
Jari 10 07 04:41p~. @
o
Oi/D4/2D07 THU 13:29 Il~X
". .-,.;.;.0 - ..- -
p.20
ijJ OD2/0D2
commcrciol properly conclition.statsmenf conc;aming
1'/;{
.
to ./J1tt/JJ Sf, k.1i~ 71' 4~~-?!
Aware
(2) ptumbina Sy~
(s) water heaters or water softeners? ... .. . ...... .: . . .'... :''- .. .. --'" ... 0
(b) supply or drain lines"i'. . . . . _ . . . . . . . . . . . . . . . - - - . . . . . - - - . . . . . . . . . . . .. 0
. 'c) ''f.:luCEits. fixtures, 1:JT cdmmodes? . . . . . . . . . . . . . . . . . . . . . . . . . '.' . . - . . . . .. 0
.\: I '0
Cd} private seWage systems? ..". . . . . . . . . . . - . . . . . . . . .. . . . '.' . . .. . . . . . . . .
,(e) pools or spas and ~uipme:rt!3? . . . . . . . . . . . . . " . . . . . . . . . . . . . . . . . . . . . . .' 0
(f) sprinlder systems? . . . _ . . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . . - . - . . . - . - . .. 0
(9) water coolers? . . . . . . . _ . . _ _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .'. . . . . - .. 0
{h} privatcwa~rwen$?. _ .. _ . . _ . _ . .. _. -. . . . . . . . . . . .. . . . . . . . . . . . . .. .. 0
(i) pumps Of sump pumps? . . . _ . . . . . . . . . . . . . . . . . . . . . - . . . . - . ~ . . - . ".' . .. 0
(at) HVAC Svsfems: any cooling, heaBn9. ol'venb1ationsystems?..... . ..... ..:.. D.
(4~ E1ac.trlcal Systems: ss:rvice dro~ ~g. connectio!l3' C?nductcrs.. plugs. 0
grounds, power, polarity. switches. light fixtures. oqunction' bl;3xes? . - . . . . . . . . . .
(5) other SVstems 9f Items: .
(a) .security or fire detection systBms? . . " _ . - . . . - . . . - - " . . - - . . . . - . . - . . ~ ' . .. 0
(b) porches or decks? -. _ -.. - - - - - - .. .'. . . - . .'. -. ...'- '." . -.. . - ." .." - -. -. Q.
(0) gas lines? _ . .' _ , :. . . . . . . . . . '. . . . . . . . . _ . - . '. . - . . . . -.. . . . . . . . . - , . . . - - -. 0
(d) garage doors. and dooropera1Drs?.. _.. .........,.. .... ..... ..... ...., 0
(e) lOading doors or docks? _ _ . _ _ _ , : _ . , . . - . - - - . - - . . - ~ . . . . . . . ,'. . ... . . . . .. 0
(f) rails ~Toverhsad cranes? - -- - - .. . - - .. . - . .. . . . . . . .. . . . . . . . . . . . .. . .. Q
(9) elevators crescaJators? .. -.. . .. . ,.... . ....." - .. ....... ".' . . '. ., .. .. tJ
'(h) parking liiIrGaS, drives. steps. walkways? - . - . .. . - . . ... . . . . . . . . . .. .. . . . .. 0
{i} appHances or bUnt-in kltdlen equipment? .. . . . . . " . . . . . . ... . . .', . . . . . . . .. CJ
1f you are QWSJ'e of material d~ in any of the items listed under Paragraph A.
acJditional infonnatfoil if needed.) .
Nut Not
A~re .A~
t:;V'" a
~.~
Q a-:--
o .~
o ~
o .CY'.
~~'
~D
o ,~
~~
~v
D~
~V
exprain.
(Attaeh
a. Are you (St!:ller) aware- of.
(1) any of the following water or drainage conditions materiaUy and adversely
effecting the Property: .
(a) ground water? . '. - . . . - - '" . _ . . - : . . . . . . _ . . . . . . . . . . . :'. . . . . . . . . . . . . . . . . , . . . . .
(b) water penetration'? _ . . . . . . . . . _ . . . . . . . . . _ _ : . . . . . _ . _ _ _ . _ . _ _ _ . . , _ _ . . . . : . . _ . .
(c) Pry:Mous flooding or water drainage? . . . .. _: . _ ~ . _ . _ _. . . . . . . . .. . . . . . .. . . . . . . . .
(d) soil erosion orwat;er pending? . . _ _ _ _ _ _ _ . . . _ . . _ . . : . . . . . . . . . . . . . . . . . . . . . . . . . .
~ ~rJ..~'
ffAR-1.40B) 10--1&-05 Jru"tialed by Buyer pr :ranant . imd Seller!'! l.-- -I,
'l'lodaeed""''';cJpFanu~b)'W;Fo~ u.ciS~~~ ,. ,en_ T~ ~n48lDS. (SaG) 38S.Sl8OS _~'_""'''.Nn
... ------...----..-...-
Not
Aware Aware
g . ~
~r
Pages of4
PUR.~
01/15/2007 MUN 11:14 ~AA
"CI.........-. -......
'Jan'10 07 04: 42p
@
o
p.21
,~ . iJlI04/7.a07 THU U:30 EAX
@GOlfOOl
al? $. All,,;)!} Sf, k-cq,~ ~'-.--4-tS-~/
Gommel'Cial Propen.y ConditIon Sla.tement ...cJlac.awiuQ -I/;'i 11'1 r c. "( tV
~
Not
A~,
~
~
~
~
I;Y'
ef'
(2) "previous structural repair to the foUl:idation systems on the Property? . _ _'. . . . . . . ~ . r . . . . _ 0
(3) settling or soil mOV'em~ materially and adversely affecting the ?n=lperty? . . . . . . . . . . . . .. 0
(4) "pest infestation from rodents. insecls,orpiher organisms on the Property? . . . _ . . . ~ . . . .. 0
(5) termite or wood rot damage on the Pro~ needing repair? . . . . . . . . . . . ~ . .. . . . . . . . . .. 0
,(6) mold to the ~ent ltlat it materially and advecaely affects the Property'? . _ . . . . . . . . . . . . .. 0
(7) mold remediation OBiiif.-cate issued fur the ~roperty in the previo~s 0 years? . . . . . . . . . . .. 0
if yes. attacb a copy a/the mold remediation certificate.
,(8) previous termite treatment on the Pmperly? . . . . . . . " . . . . _ . . . _ _ . . . . . . . . . . r .:. . . . . _ 0
(8) previous fires thar materially affected the Property? . . .. . __ .. _ _ . __ ; .. _ . _ _ .. . . ,. . .. .. 0
(10) modifications made tottle Property1lVithout necessary p.ermits or not in compliance '
with building code~ In effect at. the time? . .. . . - .: . . . - . .. . . . _ . . " .. . . . . . . . . . . .. .. . . _ O.
(11) any part. system, or component in or on the Propeny not In compliance with
. , tile AmerICans With DiSabilities; Act at U'le Texas Arcnitectural BarrJer Statute? .. . . . . . . . .. 0
If you are aware of any concflt1ons lflElseribed under Paragraph e. explain. (Attach' additlons/ information.
ffneeded.) . -
"',k~ ~dJP:iOUJi e,'fy S~ hid: ~~.
. · ~ ('-1) S/iJl1 itJ'1 ll~; ~1~ {J)IJtr '
seller:~L(l-e.C),l'2-r~'77fl- "~~~V'~/.-E/P ~ _ l-(~'- 0 '1
Seller:
Dale:
ThaUDd.n>ig~~~fu<egolng~
Buyer or Tenant
_orT~- - <- < -
Date:
J-J{}. . JJJ~1
Dste~
NOTICE TO BUYE;R OR TENANT~ The broker representing Sellar and the broker repiesenting you
advise YOQ that this afatuhUiI:nt was c~plctcd by Seller. as of the date sIgned. ThQ brokers have relied
on this statement as true imd correct alJd have no reason.to believe it to be false or inaccurate.. YOU .
ARE ENCOURAGED TO HAVE AN IN$PJ:CTOROF YOUR CHOICE lNSPECTTHE PROPERTY.
(iAR-1408~ 1Cl4B..05
PRXSUQ::dw\ll:&ZipF'ann- by RE Fon=No!, u.c:; 11lO25 Fa::o\I.1ib~, Olimcn T.......chTp, Micbls=.!aIl2S, (IICIQ) :I~eos ,...,:..~."""'"
PaSJe 4 of 4
"PtlR.C9:ASE.1:fX
~- 2....
NEVV LIFE CORPORATE
HEADQUARTERS
9U;;L- ~ ~r.uu~n- ~""L"".0~ *" ~~, ~71chu.6-n
To Whom It May Concern:
The following excerpt is from a duly called annual meeting of New Life
Christian Fellowship on January, 4, 2002.
· Be it therefore resolved that we, the directors of New Life Christian
Fellowship do hereby invoke the By-Laws in regards to the signature
authority of Reverend Gregory Holley, PastorlFounder, and Deborah
Johnson, Administrator, to fulfill with all power and authority the
responsibilities of Article IV Section 2: Enumerated Responsibilities
without specific resolution of the Board of Directors regarding Items A-
G (See Attached By-Laws of New Life Christian Fellowship). Be it
further resolved that we, the Directors, invoke Article V Section 3 as the
operating structure of the day to day operations of New Life Christian
Fellowship and all of the associated operations of those entities
operating under the umbrella of New Life Christian Fellowship as a
DBA of said corporation.
A j ? 1/ IJ/J" ~A A.'
Motion by: Gayla.J. Holley, Director ~ q ~ "IJ- _ I, :)a
,~)
S b S M . /./~} ,
econd y: ean ,ooney, Director ,;,~r~t?~~"y 7~t-' (, Zoo,?
...
New Life Corporate Headquarters · 908 W, Main · La Porte, Texas 77571
Tel.# 281.471.2677 · Fa"'(. # 281.470.0647. Email: deborah@newlifecf.net. Website: www,newlifefoundation,com
.NEVV LIFE CHRISTIAN
FELLOVVSHIP
Minutes of the February 5,2007 meeting of New Life Christian Fellowship, 2104
Underwood, La Porte, Texas resolutions and amendments to By Laws of same.
Administrative Board Members in Attendance:
Gregory L. Holley, Pastor / Founder
Gayla J. Holley, Director
Sean E. Mooney, Secretary, Treasurer
Meeting called to order by Pastor/ Founder
Resolution # 1
Be it therefore resolved that we, the Administrative Board of New Life Christian
Fellowship, waive the minutes of last meeting.
Motion by Gayla Holley, seconded by Sean Mooney, Motion carried.
Resolution # 2
Be it therefore resolved that we accept the offer of City of La Porte to purchase
properties at 912 and 908 West Main and all lots involved in their property descriptions
for the agreed contract pending.
Motion by Gayla Holley, seconded by Sean Mooney, Motion carried.
Resolution # 2
Motion for adjournment by Sean Mooney, seconded by Gayla Holley, Motion carried.
Adjournment by Pastor/Founder
Gregory L Holley . ~/;j.f;2 /,. .j-(J -~ 1
? ~
Gayla J Holley !JiL . _ 1l~ iAo0Z7
~i~
Sean E Mooney ~""1..--~::rl__-<::'~d
2104 Underwood Road La Porte, Texas 77571
Tel. 281.867-5435 * Fax. 281.470.0647
N:EVV LIFE C:HRISTIAN
FELLOVVSHIP
"'d the
Minutes of the November 27,2006 meeting of New Life Christian Fellowship, 2104
Underwood Road, La Porte. Texas resolutions and amendments to By-laws of same.
Administrative Board Members in attendance:
Gregory L. Holley, Pastor / Founder
Gayla J. Holley, Director
Sean E. Mooney, Secretary. Treasurer
Meeting called to order by Pastor/ Founder
Resolution # 1
Be it therefore resolved that we, the Administrative Board of New Life Christian
Fellowship, waive the minutes of last meeting.
Motion by Gayla Holley, seconded by Sean Mooney, Motion carried.
Resolution # 2
Be it therefore resolved that we endeavor to sell properties at 912 and 908 West Main
and all lots involved in their property descriptions.
Motion by Gayla Holley, seconded by Sean Mooney, Motion carried.
Resolution # 3
Motion for adjournment by Sean Mooney, seconded by Gayla Holley, Motion carried.
Adjournment by Pastor/Founder
Gregory L Holley 4~ A '
Sean E Mooney ,~~ _ ~/
- ~/~2-<~
-
2104 Under\'Vood Road La Porte, Texas 77571
Tel. 281 ~867-5435 * Fax. 281.470.0647
KNOX W. ASKINS
CLARK T. ASKINS
DATE:
TO:
FROM:
RE:
ASKINS & ASKINS, P.C.
ATTORNEYS AT LAW
702 W. FAIRMONT PARKWAY
P.O, BOX 1218
LA PORTE, TEXAS 77572-1218
MEMORANDUM
February 19, 2007
Ms. Debra Dye, Main street Director
Ms. Debra Brooks Feazelle, Consultant
Mr. John Joerns, Interim City Manager
Mr. Alton Porter, Mayor
Mr. Knox W. Askins, City Attorney
New Life Christian Fellowship of La Porte
'1l1
telephone 281,471,1886
telecopier 281.471,2047
kaskins@houston.rr,com
ctaskins@swbell.net
RECEIVED
FEB 2 0 2007
CITY S~CU1ARY'.
()trP'CI!
*******************************************************************
Dear Folks:
I enclose herewith cover letter dated February 15, 2007, from
American Title Company, and copy of escrow receipt dated February
15, 2007, from the title company, together with a copy of the
City's earnest money deposit.
February 15, 2007, is the effective date 9f-,the Contract.
KWA: sw
Enclosures
~:7:,''''7er, y ruly,
I ~/1 !
L/lt/"
Knox W. Askins
City Attorney
City of La Porte
- -
- -
- -
AMERICAN TITLE COMPANY
OF HOUSTON
February 15,2007
Askins & Askins, P.c.
. Attn: Knox W. Askins
702 W. Fairmont Parkway
La Porte, TX 77571
RE: GF# 608102-U Address: 908 West Main Street, La Porte, TX 77571
BUYER/SELLER: City of La PortelNew Life Christian Fellowship
Dear Mr. Askins,
We would like to thank you for allowing our company to assist you in this transaction.
Enclosed, please find the receipted earnest money contract.
The title commitment and schedule B documents will be forward to you once completed.
If you would like you correspondences emailed, please send your email address to
leslie@atcdp.com or stacig(iV,atcdp.com.
rfwe can be of any additional assistance, please feel free to call our direct lines:
Leslie Hairston: 281-727-2206
Staci Gay 28l-727-2204
Respectfully,
Staci Gay/Leslie Hairston
CC: Dover & Fox, PoCo
Attn: Jim G. Fox
5003 COLLEGE PARK' DEER PARK, TEXAS 77536 . FAX: 281 479-4780 . TELEPHONE: 281 479-1913
ESCROW RECEIPT
PROPERTY ADDRESS: qm { tflY
W, MLUt/1
Escrow Agent acknowledges receipt of $ l D( OODJ~ Earnest
Money in the form of (Cash/Check/Money Order/Wire Transfer)
representing earnest money being deposited pursuant to the attached
Earnest Money Contract. Escrow Agent, (I.) is not a party to the
Earnest Money Contract, (II.) has no liability on a check until the check
has cleared, (III.) shall not be liable for any interest or other charge on
the Earnest Money and shall be under no duty to invest or re-invest
funds held by it at any time, (IV.) does not represent the allowable use
or activity on the Property, (V.) does not promise to deliver the
commitment within the time stated in the Earnest Money Contract, and
(VI.) requires that buyer make written request of the Escrow agent for
copies of covenants and documents.
AMERICAN TIT
Y (Escrow Agent)
By:
Lindsey Hare
Front Desk Coordinator
Date: ~~ 5io1'
GF# VO~ r()~ -IU
~3D1/~
Check#
O-f
O":t:-f
"~mO
"
.5' OlJ'~
tTJO
tTJOtTJ
!<X) ;oW;o
~ H
... 'U () ()
;J:> 0 ;J:>
nJ " ::0 t'" Z
I.U t ?': [;;>-3
0 >-3 G"l H
-U ,@ x i:'l >-3
t'"
.... 'U tTJ
on -.J ;J:> ()
-.J ;xl
lJ1:>: 0
... w 3:
0'1 'U
I ;J:>
. . 0 Z
0 >-<:
.... 0
.... 0
I.U
o
....
....
nJ
Ul
OJ
...
o
o
o
o
I.U
....
nJ
o
OJ
OJ
...
-0
):>
-<
-f
0:1:
"Tlm
en
c
3:
>--'J
M
Z
>--'J
::r::
o
c
(fJ
;J:>
Z
o
:J::l
z
o
<
m
z
c
1--'0
0;:0
I--'Z
~c:
!:
tD
m
;:0
o
o
,
I--'
o
o
o
o
t-<
t-<
:J::l
::0
(fJ
o
t\.)
~c
.r;,.>
'.....
t\.)m
o
o
-J
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
,.
(')
:I:
m
t\.)(')
w"
Oz
;:c:
'l:l!:
tD
m
;:0
-{J)
~>
- 3
00
Oc
O::s
. -
o
o
<
Q
o
<l:J
o
o
}:-
-<
(/)
}:-
"T1
-I
m
;u
o
}:-
-I
m
r 0> ('")
Ql ~_.
~~~
~ "T1 0
- ~'....
~ 3 r
-.J 0 D)
-.J ;::.
(J1 "U -0
~ ~ 0
^;:+
~ en
'<
G)
m
z
m
~
r
o
-0
m
~
z
G)
}:-
()
()
o
c
Z
--I
z
o
("J r >
01 l>> 3
~ '"0 (D
~ 0 to
'" ~ '<
~ ~ OJ
~ ~ ~
f\)
W
o
...J
~
\0