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HomeMy WebLinkAboutC2007-403 - 12/18/2007 - ApprovedDEPARTMENT DF ENC~IE~RING sER~1CiJ~ Propert~+ and Land Acquisition Division outs Guth Park B~llfieid Relocation Project #3337 Real Estate Sales Contract THE STATE OF TEXAS § KNOW ALL BY THESE PRESENTS COUNTY OF NUECES § This Contract is entered into by the following ov~ners collectively called "Sellers}", V4~illiam R, hire~nan, J~, ~ . ~ 6G6~b7 undivided interest 1 ~~2~ Chalmette Parr street Cypress, T~ 77429 Jean Russo - .1G~~b7 undivided interest 8021 Gordan Lane II~idlothian, T 77070 Larry I~. Parks, ~~ecutor ~ .OS33333 undivided interest Ruth N. darks, Estate 272 quail Bluff Place San Jose, CA 95121 Mayfair hoover - .16~~7 undivided interest 2oS Bushnell, #8 San Antonio, T~ 7521 ~ 1Vfarsha Bioxsom ~ .1bGGGG'] undivided interest 2GO~ Perna ~ Houston, T~ 77095 Mane ~rueer - ,02777775 undivided interest 1~ helfRoad IVlarshville, NC 2$103 Stephen Richardson ~- .02777778 undivided interest 7S 1 ~ Bluebonnet Beaumont, T~ 77713 Larne darks ~ .1200414 undivided interest ~1~04 oodviev~ Ave. Austin, T~ 7$757-~ 144 20117-403 1~J~5107 ~~~~-~~ Gilliam H. hireman, Jr. et al ~~ arj orie dell Cox - .0777775 undivided interest 4304 E. Campo Bello Dr. Phoenix, A~ 55032 Larry Parks - ,0~ 1 G~7 undivided interest 2272 quail Bluff Place San Jose, CA 95151 and the City of Corpus Christi, a Texas hanYe rule municipal corporation, P.O. Box 9277, Corpus Christi, Nueces County, Texas 7549-9277 ~"Buyer"~. 1. Property. Seller far the cans~deration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated In Nueces County, Texas; All of Lot Eleven ~ 11 }and the South or Southeast one-half of Lot Twelve ~ 1 ~}, in Section No. Thirty one X31 }, of the Floux Bluffs Encinal Farm harden Tracts, as shown by the Map ar Plat thereof on file in the office of the County Clerk of, Nueces County, Texas; save and except that portion of said Lot Twelve ~ 1 ~} fronting 100 feet an Jones Avenue and extending back therefrom a distance of 210 feet, which said excepted portion is fully described in deed frarn Oscar Koen~el, et ux, to F, A. Walton, et a1, Trustees for the Carpus Christi Baptist Association, which deed is dated October X0,1950, and i recorded in dol. 5a0, page S1 of the Deed Records ofNuece County, Texas. ~Fren~ises} 29,000.00 cash. ~ . 2. Purchase Pace. ~ cash. TYtle insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees good and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures and indemnifies Buyer against any title defects ar adverse claims. A reliable title insurance company or title guaranty company ~"Title Company'} must issue the title insurance policy. The title commitment for title insurance must be delivered to Buyer within ~ days offer receipt of the Contract by the Title Company, wig the title insurance policy to be timely issued offer Closing. 4, warranty deed and Closing Costs. Ailer securing the title insurance comrnitrr~ent, Seller roust execute a general warranty Deed, drafted in accordance wig the provisions of this Contract, that conveys indefeasible title to the Property to Buyer, and Buyer must make the cash payrrzent~ Buyer will pay all Closing Costs except costs to cure ~tle, which mast be paid by Seller. Page 2 of 17 Marj arie Dell fox - .~~77777~ und~vidcd Interest 434 ~. Campo Belly Dr. Phoenix, 8~~~2 Larry Parks - .04~GG7 undivided interest 2272 quail Bluff glace fan Jose, CA 9~ ~ ~ 1 and the City of arprr hrist~, a Texas home rule municipal corporation, P.~. Box 9277, Corpus Christi, Nueces County, Texas 7849-9277 ~"Buyer"}, 1. Property. feller far the consideration and under the terms set out herein, agrees tc convey to Buyer the surface estate only of the property described below together v~ith all rights, privileges and appurtenances pertaining to the property situated in Nueces County, Texas; A~11 of Lot Bleven ~ 1 ~ } and the youth or southeast one-half of Lat Tv~elve ~ l 2~, in section No. Thirty--one X31 ~, of the Flour Bluffs Encinal Farm & Carden Tracts, as shown by the lp ar Flat thereof on file in the office of the County Clerk of Nueces County, Texas; save and except that portion of said Lot Twelve ~ l 2~ fironting 10~ feet on Jones Avenue and extending bank therefiram a distance of210 feet, which said excepted portion is filly described in deed from Oscar Koemel, et ux, to ~. ~~ Salton, et al, Trustees for the Carpus Christi Baptist Association, which deed 1s dated October ~0,19~, and is recorded in Vol COQ, Page S1 of the Deed Records ofNueces County, Texas ~Prenaises~ ~ 29,Oaa.~O cash, 2. Purchase Face. $ cash. Title Insurance. The feller must provide, at Buyer's expense, a title insurance policy that guarantees good and indefeasible title to the Property, v~ithout exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that v~holly Insures and indemnifies Buyer against any title defects ar adverse claims. A reliable title insurance company or title guaranty company ~"Title Con~pan'~ must issue the title insurance policy. The title commitment for title insurance must be delivered to Buyer within ~~ days after receipt ofthe Contract ~~ the Title Company, with the title Insurance pallcy to be timely issued aver Closing. 4, warranty Deed and Closing Casts. Aber securing the title insurance con~mitrr~ent, feller must execute a General Warranty Deed, draped in accordance v~ith the provisions of this Contract, that conveys indefeasible title to the Property to Buyer, and Buyer must make the cash payent~ ~r~yer wig pay all Closing fasts except casts to cure title, which must he paid by feller, Page ~ of 17 Marjorie Dell fox - ,0777778 undivided interest ~~04 E. ~anapa Bello Dr. Phoenix, AZ S~o32 I~arr~ Parrs - .0~4 ~ GGb7 undivided interest 2272 quail Bluff Place fan Jane, A X511 and the pity of Corpus hris~i, a Texas home rule municipal corporation, P,~, Box 9277, corpus Christi, ~ueces County, Texas 7s4G9~9277 ~"buyer"}. 1. Property, feller for the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described belov~ together with all rights, privileges and appurtenances pertaining to the property situated in Nueces bounty, Texas: A11 ofLat Eleven ~l 1~ and the Sauth or Southeast one-halfafllot Tv~elve ~12~, in section No, Thirty-one ~ l }, ofthe Flour Bluff Encinal Farm ~ harden Tracts, as shown by the ll~ap or Plat thereof on file in the office of the Jaunty clerk of Nueces Caunty, Texas; save and except that portion of said Ifot Twe1~e ~ 12} frOnting ~ ~~ feet on Jones Avenue and extending ~a~ therefrom dlstance of feet, which said excepted portion. is 11y described in deed from Oscar oemel, et ux, to F. A. Salton, et a1, Trustees for the corpus Christi Baptist Association, v~hich deed is dated October 3~,19~0, and is recorded in col, 5~0, Page 5~ 1 of the Deed Regards of iVueces bounty, Texas. Premises} $ ~5,OOO.OO cash, 2. Purchase Price. $ cash, f Title Insurance The feller must provide, at Buyer's expense, a title insurance policy that 4 ~ k guarantees goad and ~ndefeasxble title to the Property, without exceptions to title other than the standard piloted exceptlan and exceptions permuted under this contract and that v~hally , insures and indemnifies Buyer against any title defects or adverse claims. A reliable title insurance company ar t1t1e guaranty company ~"T1t1e Company"} must Issue the t1tXe insurance policy. The title conanaltnaent for title Insurance must ~~ delivered to Buyer wlthtn 30 days aver receipt afthe contract by the Title Cornpany, with the title insurance policy to ~~ timely Issued after Closing. ~, warranty 1]eed and Closing Costs. After securing the title insurance commitment, Seller must execute a General warranty Deed, drafted 1n accordance ~v~th the pravlslons of this contract, that conveys indefeasible title to the Property to Buyer, and Buyer must mare the calla payxnenti Buyer will pay all Closing Costs except costs to cure title, wl~ieh must be paid by Seller. Page ~ of 17 Marjorie Dell o~ - .0~77~775 undivided interest 4~0~ E. Campo Bello Dr, Phoenix, A~ Sa32 Larry Parhs - .041~dG7 undivided interest 272 quail BluffPlace San Jose, CA 95151 and the City of Corpus Christi, a Texas Name rule municipal corporation, ~.~, Box 9277, Corpus Christi, Nueces County, Texas 7~4~9-9277 ~"Buyer"~. 1, Property. Seller for the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described belav~ together with all rights, privileges and appurtenances pertaining to the property situated in Nueces County, Texas; All of Lit Eleven ~ 11 }and the South orSoutheast one-halfof Lot Tv~elve ~ 12}, in Section Na. Thirty~one X31 }, afthe Flour Bluff 1lncinal Farm Cardin Tracts, a shov~n by the Map ar Plat thereof on file in the office of the County Clerk of Nueces County, Texas; save and except that portion of said l;~ot Twelve ~ 12~ fronting 100 Poet an Jones Avenue and extending bank therefrom a distance of21 U feat, v~hich said excepted portion is filly described in deed firam Oscar Koerr~el, et ux, to F. A. altan, et al, Trustees for the Corpus Christi Baptist Association, vvhlch deed is dated October 30,1950, and is recorded in Val. 500, Page 5~l of the Deed Records of Nueces County, Texas Premises} 295,000.0o cash. 2. Purchase Price. cash. 3 ~ Titte insurance. The Seller rr~ust provide, at Buyer's expense, a title insurance policy that guarantees goad and indefeasible title to the Property, v~ithaut exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that ~rholly insures and lndemnrfies Buyer agarnst any title defects or adverse claims. A reliable title insurance company or title guarantor company ~"Title Company'} must issue the title insurance policy. The title commitment for title 1~lsuTance must b delivered to Buyer ~Vltl]lIl 30 days after receipt ofthe Contract by the Title Company, ~r1th the title insurance policy to be timely issued aver Closing, 4, 'L~arranty Deed and Closing hosts. After securing the title insurance commitment, Seller must execute a General V~arranty Deed} drafted in accordance with the provisions of this Contract, that conveys indefeasible title to the Prapert~r to Buyer, and Buyer must make the cash payment. Buyer will pay all loins Costs ea~cept costs to cure tide, which must be paid by Seller. Page 2 of 17 Nlarjor~e Dell Cox - .~~7~777 undivided interest 4a4 ~. Campa Bello Dr. Phoenix, A~ $502 Larry Pa~r~s - .~41~~~G7 undivided interest ~~72 quail Bluff Place San Jose, CA 95151 and the City of Corpus Christi, a Texas home rule municipal corporation, F.~. Box 977, Corpus Christi, Nueces County, Texas 7~4~9-977 ~"Buyer"}. 1. Property. Seller for the cansideratian and under the terms set cut herein, agrees to Canvey to Buyer the surface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated in Nueces County, Texas. All afLot Eleven ~11~ and the South or Southeast ane~halfafLat Twelve {l}, in Section Na. Thirty-one {~ 1 }, ofthe Flour Bluffs Encinal Farm harden Tracts, as shown by the l~Iap or Alat thereof an file in the office of the County Clark of Nueces County, Texas; save and except that partian of said Let Tv~elve { 1 ~} fronting 1 as feet on Janes Avenue and extending back therefrom a distance of ~ 1 a feet, which said excepted pardon i fully described in deed from Oscar ~.oemel, et ux, to F. A. Salton} et al, Trustees for the Corpus Christi Baptist Association, which deed is dated October 3a,195a, and is recorded in dal. SDa, Page Sal of the Deed Retards of Nueces County, Texas. {Premises} $ ~~,~0~,~0 cash. ~, 2. Purchase Price. cash. . Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees geed and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures and indemnifies Buyer against any title defects ar adverse claims. A reliable title insurance company or title guaranty company {"Title Company'} must issue the title insurance policy. The title commitment far title insurance must be delivered to Buyer within 3a days after receipt afthe Contract by the Title Co~npar~y, with the title insurance policy to be timely issued after Closing. 4. warranty Deed and Closing Casts. After securing the title insurance commitment, Seller must execute a General warranty Deed, drafted in accordance with the pravisians of this Contract, that conveys indefeasible title to the Property to Buyer, and Buyer must make the cash payment. Buyer will pay a~ Closing Costs except costs to cure tide, which must be paid by feller. Page ~ of 17 Marjorie Deb Cox - .~~777778 undivided interest 4a4 E, Campo Bello Dr. Phoenix, A~ 532 Larry Parks - .a41 ~~G7 undivided interest 2272 uai~ Bluff Place San Jane, CA 95151 and the City of Corpus Christi, a Texas~home rule ~nur~icipal corporation, P.~, Box 9277, Carpus Christi, Nueces County, Texas 7849-9277 ~"Buyer"}. l , Property. feller for the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated in Nueces County, Texas: All of Lot Bleven ~ 11 } and the South or Southeast one-half of Lot Twelve { 12}, in Section N'o,Thirty-one ~1~, of the Flour BluffBi Encinal Farm harden Tracts, as shaven by the Map or Plat thereof on file in the office of the County Clerl~ of Nueces County, Texas; save and except that portion of said Lat Twelve ~ 12} fronting 1 as feet on hones Avenue and extending hack therefiram a distance of21 ~ feet, which said excepted portion is fully described in deed from Dscar Kaemel, et ux, to F. A, waltan, et al, Trustees for the Corpus Christi Baptist Association, which deed is dated October ~~,19a, and is recorded in dol. ~~0, Page 5~ 1 of the Deed Records ofl~ueces County, Texas. ~Premises~ ~ ~9~,~~l~.ll~ cash. Purchase Price. cash. Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees good and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures anal indemnifies Buyer against any title defects ar adverse claims. A reliable title insurance company or title guaranty company ~"Tit1e Company'} must issue the title insurance policy. The title commitment for title insurance must be delivered to Buyer within 30 days aver receipt ofthe Contract by the Title Company, with the title insurance policy to be timely issued after Closing. 4, warranty Deed and lasing Casts. After securing the title insurance commitment, Seller must execute a Creneral Warranty Deed, draped in accordance with the provisions of this Contract, that conveys inde~easib~e title to the Property to Buyer, and Buyer must make the cash payment. Buyer will pay all closing hosts except costs to cure title, ~hYCh must be paid by feller, Page ~ of 17 Marjorie Dell fox - ,i}~777'~7S undivided interest 404 E. Campo Bello Dr. Phoenix, A~ SU32 Larry Parks - .a41G6G7 undivided interest 2272 uai1 Bluff Place San Jose, CA 95151 and the City of carpus Christi, a Texas home rule municipal corporation, P,G, Box 9277, Corpus Christi, Nueces County Texas 7549-9277 ~"Buyer"}. 1. Property. Seller for the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated in Nueces Count, Texas All o f Lot Eleven ~ 11 } and the South or Southeast one-half of Lat Twelve ~ 1 ~}, in Section No. Thirty-one ~~ i ~, ofthe Flour Bluff Encinal Farm Garden Tracts, as shown by the Map or Plat thereof on file in the o#~ce of the County Clerk of Nueces County Texas; save and except that portion of said Lot Twelve ~1 ~} fronting 10~ feet an Janes Avenue and extending back therefrom a distance af210 feet, which said excepted portion is fully described in deed from Gscar Koemel, et ux, to F. A. Walton, et al, Trustees for the Carpus Chr~st~ Baptist Assoclatlon, filch deed is dated ~ctaber a,150, and is recorded in dal. 5~~, Page 5~l of the Deed Records afNueces County, Texas. ~Prernises} ~,a0a,~a cash, 2. Purchase Price. $ cash, 3 F '~Ytie Ynsurance, The ellex must provide, at Buffer's expense, a title insurance policy that guarantees goad and indefeasible title to the Praper~y, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that whall~ insures and indemnifies Buyer against an~r title defects ar adverse clams. A Tellable title insurance company ar title guaranty conapan~ ~"Title Company"} must issue the title insurance policy, The title commitment for title insurance must be delivered to Buyer within 3 a days after receipt of the Contract by the Title Company, wig the t~t1e Insurance pallcy to be timely issued after Closing. ~~ warranty Deed and losing hosts. Aber securing the title insurance commitment, Seller mast execute a General warranty Deed, drafted in accordance with the provisions of this Contract, that conveys indefeasible title to the Propert~r to Buyer, and Buyer must make the cash payment. Buyer will pay all Closing Costs except costs to cure title, which must be paid by Seller, Page ~ of ~ 7 Nlarj orie Dell fox - .02777778 undivided interest 4~ 04 E. Campo Bella Dr. Phoenix, A~ X032 Larry Parks - .041 G66G7 undivided interest 2272 quail Bluff Place San Jose, CA 9515 ~ and the pity of corpus Christi, a Texas home rule municipal corporation, P,C, Box 977, Corpus Christi, Nueces County, Texas 75469-9277 ~"Buyer"~. 1. Property. Seller for the consideration and under the terms set out herein, agrees to convey to Buyer the suxface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated in l~ueces County, Texas All of Lot Eleven ~ 11 }and the South or outheastone-half of Lot Twelve ~ 1 ~}, in Section loo, Thirty^one ~~ 1}, ofthe Flour Bluff Encinal Farm Carden Tracts, as shown by the Map or Plat thereof on file in the office of the County Clerk of Nueces County, Texas; save and except that portion of said Lot Twelve ~ 1 ~} fronting 100 feet on Jones Avenue and extending bacl~ therefrom a distance of21 ~~ feet, which said excepted portion is fully described xn deed from Oscar ~nemel, et ux, to F. A. Walton, et al, Trustees for the Corpus Christi Baptist Association, . which deed is dated October 30,1950, and is recorded in ~lol. 500, Page 561 of the Deed r of I~ueces County, Texas, Premises} 295,00000 cash. ~. Purchase Pr c . cash. ~. Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees good and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures and indemnifies Buyer against any title defects or adverse claims. A reliable title insurance company or title guaranty company ~"Title Company'} must issue the title insurance policy. The title commitment far title insurance must be delivered to Buyer within 3o days aver receipt ofthe Contract by the Title Company, with the title insurance policy to be timely issued after Closing, 4. warranty Deed and closing Costs. Aber securing the title insurance cainrriitent, Seller must execute a General warranty Deed, draped in accordance with the provisions of this Contract, that conveys indefeasible title to the Property to Buyer, aril Buyer must male the cash payment. Buyer will pay all closing Costs except costs to cure title, which must be paid by feller. Page 2 of 17 Nlarjo~ie Dell Cox - .0777778 undivided interest 404 E~ Campo Bella Dr. Phoenix, A~ 85032 Larry Parks - .0416~~G7 undivided interest 2272 wail Bluff Place San Jose, CA 95151 and the pity of corpus Christi, a Texas home rule municipal corporation, P,~, Box 9277, Carpus Christi, Nueces County, Texas 7549-9277 {"Buyer"}. 1 f Property. Seller far the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described below together with all rights, prlv~leges and appurtenances pertaining to the property situated in Nueces CUUnty, Texas All of Lot Bleven { ~ 1 }and the South ox Southeast one-half of Lot Twel~re { 12~, in Section No. Thirty-one X31 ~, ofthc Flour BluffB~ Encinal Farm Carden Tracts, as shown by the Map or Plat thereof ors file in the office of the County clerk of Nueces County} Texas; save and except that portion of said Lot Twelve ~ 12} fronting 10~ feet on Janes Avenue and extending back therefrom a distance of210 feet, which said excepted portion is fully described in deed from Oscar Koeel, et ux, to F. A, Walton, et al, Trustees for the Corpus Christi Baptist Assac~at~on, which deed is dated October 3 ~,195~, and is recorded 1n dol. 5~0, Page 1 of the Deed Records of Nueces County, Texas. {Premises} ~95,OOU.UO cash. 2. Purchase Price. cash. Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees goad and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures and indemnifies Buyer against any title defects or adverse claxrns. reliable title insurance company or title guaranty company {"Title Company"} must issue the title insurance policy. The title commitment for title insurance must be delivered to Buyer within 0 days aver receipt ofthe Contract by the Title Company, with the title insurance policy to be timely issued aver Closing. 4. warranty Deed and Closing Costs, Aber securing the title insurance commitment, Seller must execute a Ceneral warranty Deed, drafted in accordance with the provisions of this Contract, that coneys indefeasible title to the Property to Buyer, and Buyer must nuke the cash payment Buyer will pay a~ CXosan hosts except casts to cure title, which must be paid by Seller. Page ~ of 17 IViarjorie Dell fox - .0~77777~ undivided Yntcrest 4~a4 E~ Campo Bella Dr. Phoenix, A.~ 85D3~ Larry Parks - .a41~GGG7 undivided interest 2272 uai1 Bluff Place San Jose, A 95151 and the pity of carpus Christi, a Texas ha~ne rule rriunicipai corporation, P,~. Box 9277, Carpus Christi, Nueces County, Texas 7549-9277 ~"Buyer"}. 1. Property. Seller far the consideration and under the terms set out herein, agrees to convey to Buyer the surface estate only of the property described below together with all rights, privileges and appurtenances pertaining to the property situated in ueces County, Texas All of Lot Eleven ~~ 1} and the South or Southeast one-halfofLot Twelve ~1~}, in Section No. Thirty-one X31}, afthe Flour Bluffs Encinal Farm Carden Tracts, as shown by the Map or Plat thereofon file in the office of the County Clerk of ~ueces County, Texas; save and except that portion of said Lot Twelve ~ ~ ~} fronting 1 QO feet an Jones Avenue and extending hack therefirom a distance of 21 Q feet, which said excepted portion is fully described in deed from Oscar Koemel, et ux, to F, A, Salton, et al, Trustees for the Carpus Chr~st~ Baptist Assocxatlan, which deed is dated October a,15~, and is recorded in dal. SQQ, Page ~ 1 of the Deed Records of Nueces County, Texas. Premises} 29,a0a.aa cash. 2. Purchase Price, $ cash. Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that guarantees gaol and indefeasible title to the Property, without exceptions to title other than the standard printed exceptions and exceptions permitted under this Contract, and that wholly insures and indemnifies Buyer against any title defects or adverse claims, A reliable title insurance company ar title guaranty company ~"Title Company'} must issue the title insurance policy The title commitment for title insurance must be delivered to Buyer within ~D days aver receipt ofthe Contract by the Title Company, with tlae title insurance policy to be timely issued after Closing. ~~ Warranty Deed and lasing fasts. Aber securing the title insurance commitment, Seller must execute a Ceneral Warranty Deed, drafted In accordance with the provisions of this Contract, that conveys indefeasible title to the Property to Buyer, and Buyer rr~ust make the cash payment. Buyer will pay all lasing fasts except casts to cure title, which must be paid by feller. Page 2 of 17 5. Praper#y Taxes, feller must pay all property taxes incurred on the Property up to and including Z~Q~, All property taxes for the year ~~Q7, ifany due and payable or incurred for the year, will be prorated between the Buyer and the feller from January 1, ~~07 to the date oflosing, The prorated taxes are only n est~rnate indicated by a Tax certificate obtained by the Title Company and the Seller agrees to pay any shortages of property taxes should they occur during the following year, e11er will agree to execute a Tax Proration Agreement expressly stating this agreement. ~, earnest Money. Buyer deposits Twa Thousand Five Hundred Dollars and no cents $~ ~~.QQ with the Title company as Barnest Money, which will be applied to the balance of the purchase price owing at Closing; Buyer will pay the balance of the purchase price awing at Closing, when the Title company possesses the executed deed, any ether necessary paperwork, and the balance ofthe cash payment, the Title Company will close and finalize the conveyance in accordance with its customary procedure. rf Buyer fails to dose an thin Contract as set out herein, for any reason other than title defects, feller 1s entitled to the Earnest Money as liquidated damages for breach of this contract. Se11er may seek to enforce this contract by an action for specific performance, If Seller fails to tender an executed deed conveying the Property in accordance with the terms of this Contract, Buyer may seek to enforce this Contract by an action for specific performance. ?. Restrictions on Title, Buyer accepts title to the Property subject to all recorded restrictive covenants and use restrictions, if any, and all applicable pity zoning regulatory ordinances, if any, S. Time for Performance. This transaction will be Closed through the Title company on or before 9~ days from the effective date ofthis contract. Seller gives Buyer possession ofthe Property by executing the general warranty Deed, Seller's execution of this I~ontract means that feller has read and understands that this contract is not binding on Buyer until approved and accepted by the pity of corpus Christi pity council and executed b~ the City Manager of the City of carpus Christi, Texas, ar designee. Buyer must execute this contract within 3~ days from the date of Seller's execution of this Contact or this antract is void. 9, Survives dosing, This Contract survives dosing of the sale of the Property and the delivery vfthe general warranty Deed and other necessary documents by feller to Buyer at dosing, and all terms and conditions remain In e~`ect between Seller and Buyer. l0. ~4-I~ay Inspection Period, Buyer shall have sixty ~~~} days the ;`~~-Day inspection ~'erioc~'} from the effective date ofthe contract hereofto notify Seller ofBuyer's election, in Buyer's sale discretion, to cancel this contract and receive a refund ofthe Earnest Money in the event that Buyer finds the Property to be unacceptable far any reason. Buyer shall have reasonable access to the Property during all normal business hours and Seller agrees to cooperate with and assist Buyer ~n Buyer's inspection of the Property. l~`ailure of Buyer to Page 3 of I7 deliver to Seller, within the ~-Day Inspection Period, written notice of Buyer's determination that the Property is unacceptable and to terminate this contract shall constitute an election by Buyer to proceed with this contract and a waiver of Buyer's right to terminate this contract on this basis. . ~. Right of >~ntry, ~l} During the ~0-Day Inspection Period, and at Buyer's sale expense, Buyer ar Buyer's authorised agents shall have the right to enter upon the Property for purposes of making such land surveys, en~rironental site analysis, engineering studies, wetland studies, sail borings and soil analysis as Buyer may deem necessary. Buyer shall not cause or permit damage or in jury to the Property. Upon termination of this contract, Buyer shall promptly restore the Property to the condition existing prior to any tests ar studies conducted pursuant to this contract. This oblrgat~on shall survive the term~natton of this contract, notwithstanding . anything to the contrary contained herein, Seller shall make available far Buyer's inspection and copying within ten ~ 10}days from the date hereof all reports, studies and tests in Seller's possession with respect to the Property, ~~~ In connection with Buyer's inspections, studies, and assessments, Buyer must: ~i} employ only trained and qualified inspectors and assessors; iii} notify Seller, in advance, of when the inspectors or assessors will b~e on the Property; viii} abide by any reasonable entry rules or requirements that Boller may require; ~iv~ not interfere with existing operations ar 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 completed. ~} Except for those rr~atters that arise from the sale negligence of Seller or Seller's agents, Buyer is responsible for any claim, liability, encumbrance, cause of action, and expense resulting from Buyer's inspections, studies, or assessments, including any property damage or personal injury. To the extent permitted by law, Bayer, as permuted by Texas law wall indemnify, hold harmless, and defend Seller and Seller's agents against any claim involving a matter for which Bayer is responsible under this Section. b. Envzranmental condition of Property, Definitions, "E~tvirort~rt~a~~aty"shall mean any law relating to environmental conditions and industrial hygiene applicable to the Property, including without limitation, the Resource conservation and Recovery Act of 17, the comprehensive Envirot~.n~ental Response, ornpensation and Liability Act of 19SO, as amended by the uperfund Amendments and ReauthorizationAct of 198, the Federal water Pollution control Act, the blear Air Act, the blear water Act, the Toxic Substances control Act, the Endangered Species Act, the Safe Drinking water Act, the Texas water bode, the Texas Solid Waste Disposal Acts and all similar applicable federal, state and local environmental statutes, ordinances and the regulations, orders and decrees now or herea~er promulgated thereunder Page 4 of 17 "a~ar~ous ~Ila~eria~S" shall mean any pollutant, toxic substance, hazardous waste, ha~ardaus material, hazardous substance, or ail as defined in any Environmental Law existing as of the date hereof. Environmental Audit. Buyer shall have the right to cause an independent environmental consultant chosen by Buyer, in Buyer's sole discretion, to inspect the Property, including but not limited to an Environmental Site Analysis {ESA} Phase 1 and Phase lI, to determine the condition of the Property, the presence of any Hazardous Materials and any apparent violation of any Environmental Law the "~~tviro~trnenta~ ~1~dit"} and to deliver a report describing the findings and conclusions afthe Environmental Audit. The cost and expense ofthe Environmental Audit sha11 be borne by Buyer. Ifthe Environmental Audit reveals, or at any tune prier to closing Buyer otherwise becomes aware of the existence of any environmental condition or violation of any Environmental Lair which Buyer i unwilling to accept ar the Seller is unv~llling to cure, Buyer shall have the right and option to cancel this Contract and receive a fu11 return of the Earnest Money, 11. Broker ommisslon. Seller is responsible forpaynaent afall broker's fees and commissions incurred in connection wrth the sale of this property. 12, Possession. At the Closing, the Property will be conveyed free ofthe nights of possession of any third.parties in or to the Property except for valid easements, ifany, filed of record and currently in farce and effect, Any possession by Buyer before closing or by Seller after closing that ~s net authozed by a separate written lease agreement 1s a landlord-tenant at sufferance relationship betv~reen the parties. 1 . representations and warranties. By Seller. In order to induce Buyer to enter into this Contract, Seller makes the following representations and warranties all ofwhich will be true and correct as ofthe date hereof and as of the date of closing: Authority; Na Conflict, Seller has the absolute and unrestricted right, power and authority to execute and deliver this Contract and the documents to be executed and delivered by Seller in connection with the closing of the transactions described in this Contract such documents being collectively referred to herein as "-~e~~~r's Closing Do~r~en~~"} and to perform its obligations under this Contract and the Seller's Closing Documents. Seller shall present to the Buyer andlor the Title Company, ifnecessary, all reasonable evidence of such authority which may be requested by either of them, The execution and delivery of this Contract and Seller's Closing Documents, the consummation of the transactions described herein, and compliance with the terms of this Contract will net conflict with, or constitute a default under, any agreement to which Seller is a party or by which feller or the Property is bound, or violate any regulation, law, court order, judgment, or decree applicable to Seller or the Property, except as otherwise expressly provided herein. No Litigation or Proceedings. Seller has no knowledge of any pending or threatened litigation, condemnation, or assessment affecting the Property, Page of 17 Environmental Representations, Except ~~ otherwise expressly provided herein, Seller has no knowledge that the Property contains Hazardous Materials has defined in Section l alb}}, contains any underground storage tanks, or is not in full compliance v~ith all Environrr~ental Laves has defined in Section 10~b}}, Title to Property. To the best of Seller's knowledge, Seller has full and complete fee simple title to the Property, subject only to the liens and encumbrances, if any, disclosed on the Commitment or Survey to be furnished to buyer hereunder, loo options. No person, corporation or other entit~r has or, on the date ofClosing, shall have any right or option to acquire the Property. Compliance. Seller has not received any notice from any governmental agency regarding the Seller's or the Property's non-compliance with applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, 14. IVli~eral Reservation. The sale of the Property is without minerals. ellex reserves unto itselfall ofits right, title and rnterest In and to the oil, gas and other minerals in, on, or under the Property, Seller gill execute a na-drilling agreement, prepared by Buyer, to ensure that Seller will not construct nr operate a v~ell on the Property v~hile exercising its right to recover any subsarface oil, gas, or other minerals. l ~ Essential. Time is of the essence in closing this transaction. l ~, Effective Date, The effective date of this Real Estate Sales Contract is the date in v~hich the Contract is signed by the Buyer. 17, Cour~te~~arts; This Real Estate Sales Contract nay be executed in counterparts and each shall have the effect of an original, SELLERS: V~illiam H- Shireman, Jr, Jean Russo Larry 1V, Parks Mayfair hoover Marsha Eloxso~ Diane Kruger Stephen Richardson Lorne Parks Marjvrle Dell fox Larry Parks Executed in triplicate, any of v~h~ch constitutes an ariglnal. [SIGNATURE PAGES FOLLOW] Page ~ of 17 Seller ., '~~ hireman, Jr, THE STATE ~F TEA, COUNTY ~~ This instrument vas acknov~ledged before me on ~ , ~~07 by Gilliam H. hirean, Jr, ~c~~l-f` Notary Public ~n and for the state of Teas [earl ~~r~~c~-~ ~, r~~~a~ ~~tary P~r~~ICr td~B Qf TgxBS ~~ ~Q~~'115SI0~ ~xpl~~S Page 7 of 17 Seller Jean Russo THE STATE OF TEXAS § COUNTY OF ~~L~ § This instrument was acknowledged before me on ~ ~S ~ , 2007 by Jean Russo. IUl~I' tl.(L,~ ~~ ~ ~ IG~~~~ Notary Pubic in and fur the state uf'Te~as [~eal~ ~~~~~D~ U~ MORR0~1 ~ ~ ~o~ary ~u~!!C ~ ~~~~ o~ r~x~s fly ~ar~~. ~~cp. ~~l'181~~~ Page 8 of 17 ~~ Seller /~~• Gy~ CAS "~ Larry N. Parks, Executor Ruth M. Parks, Estate THE STATE OF CALIFORNIA § ~U]~ITY ~ This instrument was acknnv~~edged be~are me on , ~~~? by harry N. Parks, ~xeeut~r ofl~uth 1V~, Parks, estate. Notary Public in and for the State of California [Seal] ~-G.~ h~1~lc~~ ~~ %'('v~~6 ~--~ ~./~ ~~~ ~~~-~~ Page ~ of 17 ALI~~R~VIA ~L.L•P~J~~O~ ACKNW~.~D~~I~NT _ s state o~ California ss. ._ County of ~~~ `~ Y~ Y~ ~ ~ ~ ~ ~ { r ~n ~~ -____-- ~- _ ~ before me, ~ ~ , DaEe ~ Na a ar~d 'lrtke o~ dicer (e.g., N,~ane doe, Notary Public"~ ~ ~ - eronall a eared ~ - .~ p Y pp .~ ~~ Name( of signer{s~ ~ ona y nowr~ o me ~ONNl~ . Dot. ~AS~ill~ "~" OmmisslOn # t ~~541 ~ r ~.~ Notary public ~ Cal~fom~a Santa C~ira County My Comm. Explrea Apr ~~, ~Dt !proved to me on the basis of satisfactory evidence " to be the persons whose narne~ is~'subscribed to the within instrument and a~knawledged to me that he~stf executed the same ire hisl~~' authorised capacity~i and that by his~he~l~l°r~'r~ signature{s~'an the instrument the persar~, or the entity upon behalf of which the person{ acted executed the instrument. vVIT my hand and official seal Place Notary Seal Above ~'~ - Sigr~ature of Notary Public ~~~~if Y~ Though the information below is wort req~lred by law, l# rrray prove va{gable #o persons relying on the document and could prevent fraudulent removal and reattachmen# ct #his forrr~ #o another document, J z +~ DeCrip#ion of Attached Do men ~ ~ } r ..- „ ~~ T~tie yr Type of Document. ~ .~ 4• . .y ~ Document Datea Number of Pages. igner~s} Cther Than Named Above: - ..-,~,~ r Capae~~y~ies~ Clai ed ~y igner~s} ~ - igner's Name: ~ ~~ ~~' ~ ' ~'. ^ Individual ^ Corporate officer -- Title~s~: ^ Partner - ^ Limited ^ Generai ; .. ^ Attorney I~1 FaCt Top of thumb here ^ Trustee ^ Guardian r Cvnservata " ~ . ~ Other. , ,. „ ,....'~. ,. ~:...._~ signer Re ~senting:~ signer's Name: ^ individual ^ Corporate officer - Titles}: ^ Partner ~-- ^ Limited ^ General ^ Attorney in Fact i Top of thumb here ^ Trustee ^ Guardian or Conservator ^ Other; signer Is Representing: ~ 2D04 National I~olary Association • ~35~ Qe Soto Ave., P.o. fox 24D2 + ~f~a#sw~rkh, CA ~~313-2442 item No. 501 Reorder: Call Toll-Free 1-8DQ•816-6821 Seller THE STATE ~F TE.A COUNTY OF ~ § This instrument was acknowledged before me on ~~Z'`~`'~/~?~~ ~ ~ , 20Q7 by Mayfair Coover. ~ Notary Py~alie in end for the State of Texas ALMA MENDOZA MY COMMIS510N FaCPIRES AUGUS715> 2008 Page 1~ of 17 Seller ~ ~~~~ Marsha Bloxsom THE STATE OF TEAS COUNTY OF S § This instrument was aclcuowledged before me on N ov ~m ~ r Q , 2007 by Marsha Bloxsom. N~rv Par~lic in and for the State of Texas [~eal~ ~ ~ Nay Public STATE OF ?~(A~S [Ny C~rrtrn. ~xp, ~~?~011 Fay 11 of 17" Seller Diane r ~~- ~ THE STATE OF NORTH CAROLINA ~ COUNTY OF § This instrument vas aeknav~led ed before me an 2aa7 by Diane fi=r. ,rc~~ ~,~ ~ N~ta~v ~ublie in and far tyre state of Nartb ~ara~ina [Seal] Page l~ ofl~ Seller ~- Stephen Rihard~n THE STATE OF TEXAS § COUNTY OF ~ ~S § This instrument was acknowledged before me on / / , 2007 by Stephen Richardson. ~~ ~ ,r Notary Publir~'n and for the State of Texas [eat] ~~t~~Rlf ~ tl + f ~~yy ~~ ~ ~~~~ ~~~I~, ~ 5tet~ of Texas '~'f~ ,,, ~~~ y ~~mm;sarar~ Lxp~r~s •~~1~~~~Sl-~~ ~~~~ ~~1 ~~~~ Seller 7 Lorne Parks THE STATE OF TEA __._~. COUNTY OF ~YG~A~~, 5 § This instrument was acknowledged before me on ~U~ ~ ~ , 2007 by Lorne Parks. Notary Public in and for the State~of T$xas !'= ~ , [seal] ~ ~~ ~ ;~~-~:~.~~ ,~~~~~~ ~~.~t~,~_~ r•f '~- Fge 14 of 17 Seller Marjorie dell fax THE STATE OF ARIZONA § COUNTY OF 'J This instrumer~~ vas acl~noledged before me o~ , 207 b~ 1Vlarjorie I~el1 Cox. Notar`~ub~ic i aid for the #ate ~fri [~a~] ~~NC s H~RYI. A, t...~~SARD ~oTn~r ~u~uc . s~~~ ~ ~~a~ ~~~~coP~~oun~-nr .~ ~y Comm. Ires E1ct 22, ~01a ~,~:~. Page 1 of17 r f s ~ e Seller r Parks THE STATE OF CALIFORNIA/§ COUNTY OF / ~ Tai instrume was a~knav~~ed~ed be~are a an ~~ ~arr~ P k~, ~~a~ Notary Publi and for the State of CaliFornia ~ ~ ~~ -~~z~~, Q~3~-~ G~~ ~~~~~ Page 1G of 17 ~AL~~FRIV~A ALL.•I~I~~RE AIC~VVLEDCMEN~ State of California {~ ~. Jaunty of ~ r ~ - I f r / ~ { ~" ~n - ~ ~ ~ ~ before me ~~ ~~~ - - Date Narne an Title of D#iicer {e,g„ 4Jane Doe, Notary public"~ personally appeared r'~ '~. Names} of Signer{s~ ,~ Cor~missfon # ~ ~554~ 4 ~~' Notary ~ubllc • a!lft~rr~la Santa lord Counfy My 1-~~~r ~xpir9$ Afx ~~, ~D10 .~'j5roved to me on the basis of satisfactory evidence to be the person~~rhose name~subscr'rbed to the v~ithin instrument and acknoledged to rye that helath~y executed the same in hislt~h~it authorized capaci~; and that by hislh~- signature~sn the instrument the persan~; or the entity upon behalf of u~rhich the persan~a~'acted, executed the instrument. IIUiTNESS my hand and official seal. ~ o ~, Place Notary Seal Above A ~ ~~ ~' ~ Signature of Notary Public ~~1~~~~ Tf~ough the inaFOrma~ron below ~s rtot reglaired by ~awv, rt may prove valuable to persons relying an tl~e document and could prevent frat.rdulent removal and reattat;hmenl of ibis form to another document, Description of Attached Da men ~ , `' Title or Type of Document. `, ~ ~, ~ gacument Date: Number of Pages. Signers} Other Than Named Above: `~ ~ ~-~ ~apacit~{ies} claimed ~y Sig r~s} Si War's Name: ~~`~` ~~. individual ' ^ Gorparate officer ~ Title{s~: ^ Partner ~-- ^ ~,irnited ^ General ; .. ^ Attorney in Fact Top of thumb here ^ Trustee ^ fiuardian o Conservat signer Is Representing; Signer's Name: ^ Individual ^ Corporate officer - ~tle~s}; ^ Partner -~ ^ limited ^ General ^ Attorney in Fact ^ Trustee ^ guardian or ~on~ervator ^ other: Signer is Representing: ... Top of thur~b here ~120Q4 Natior~a# hlotary Association * 9350 ~e Soto Ave., P.~. Boy 240 ^ Chatsworli~, CA 91313-2Q~~ Item No. X997 Reorder: Cal! fall-free i-800-876-68P7 Buyer CITY OF CORPUS CHI~ITI, TEA George K. Noe, City 11~anaer ATTEST; ARMANDO CHAPA, CITY SECRETARY THE STATE OF TEXAS § COUNTY ~' NUECE ~ . This instrument was acknowledged before me on "~ ~0~7 by George ~f Noe as City Manager for the City ofCorpus Christi, a Texas municipal corporation, on behalf of said corporation. `k`~Ay1`lifff~+ r~S ~'s ~~ ~~~~~ '*' +* 's~k~ ~~: ffyy~~ 4 f i ~~i~~~ ~~# ~~~~ Lil~ 1 ~fL+ Notary Public in and for the state of Texas [Seal] APPROVED AS TO LEGAL FORM, THIS ~ DAY OF Q'., 2007. FOR THE CITY AfiTORNEY veronica Oeanas Assistant Cit Attorne ~~ ~~ AU~`HU~i~Lr~ 3 CITY LEGAL DEPARTIVIENT C~fil#. ,,,~ ~ ~~~~5~ ~ Page ~7 of ~'7