River Ridge Add-CN 940724 DALLAS BOARD OF REALTORS,' INC.
GREATER
CONTRACT OF SALE
OPPORTUNIT~
NON'RESIDENTIAL
THE STATE OF TEXAS
COUNTY OF DALLAS KNOW ALL MEN BY THESE PRESENTS that:
TEXAS UTILITIES ELECTRIC COMPANY
(hereimdter called 'Seller," whether one or more) hereby, sells and a~ to convey to
DONALD A. BERG, INC.
(hcreimdter called 'Purcha~cr." whcther one or more) and Purchaser hereby buy~ and agrees to pay for the followi~ dcacribcd real eatatc situated in Dallaa
County, Texa.% to-wit:
SEE ATTACHED EXHIBIT "A"
a. $ ALL in c. aah.
b.
~x:-~"W ~ ~e '~*,~'n ...... ?"~t-. d~~='d' nra 9'~''' ~ ....... Kw~vv '~ .... zP~%iy ' ~': -
2. ~ M~y. Upon f~l a~ fs~l ex~ution of t~ ~m~, Pm~r s~ ~h~r t~ sum of S 3 r 0 5 0.51 m
AMERI CAN Title ~m~ny, ~ Te~ ('Ti~ Com~ny~ to ~ ~ by I~ l'tt~ ~mpny m ~rW
M~ (~in ~ ~) p~nt Io ~ ~r~ of ~ Con~.
3. Su~e~ ~d Ti~ ~ind~.
PURCHASER ' S
A. Within F TV~- ( 5 ) clays alter the date of this Contr'a~t, Scl~cr shall, at ~ expert.se, deliver or ca~ to be dcli~crcd to
Purchaser a copy of a current on-the-I~ound survey ('Survey") of l~e Property made by a duly I~nsed surveyor eca~onably a~cptabtc to the P~cha~r. Ti~
Survey shall be in a form acccpl~ble to the Title Company in order to aflow the Title Company to delete thc survey exception (except a~ to'~horta~ in ar~a")
from the Tilde Policy to bc issund by the T, tle Company. Thc Survey shaU show the location of all improvements on the Propet~y, it'any, if this Contract do~ not
clo~ through no [auh of ~iicr, in addiuon to thc other ri~ht~ of ~ller hereunder, i~cha~r shah pay for the Survey.
~1~ A.:**..~._: ..... ~"T~*~n~*.~`~`~..~*~i~/~..`~r~/~:~:~i**~(`.-~r-y~.:~.mnT .... ~,'~-,r'tPe~,~fT!"-*~-.- ~._t-'~w~ ...... Ill
~s_ ~[p?~vyF ]~,lll~'~vT .... ~,q~vlit--ll-~i'i----x~s V-,--~*~-.~ml,,-sl.~il= ~._,tu[l~v.F..~ ....
f~ ~'-'~'- ~- ..... 4~*'--~P; ..... ~ ................. ' ........... -*--:~.--- p, ............... V ...... - ........ ,
w%--Ilt* *~'-' ~'~P*er m~' tml.' I~:~lf ~¥~wlr - _ tt bn, V--?tJ ·t t'-- w/~::~q~. ~, ka m..:it il.
4. Aplwoval Pidnd and Tills.
A. Purchas~rsitallhave FTVE ( ~ )daysalterlbcrcociptoftheSttrveyandT~tteBinde£torcvtcwthemandtodebverinWT~t~
to ~elicr such objcc~ons as Purchaser may Imve to an)~l~ng contained in them. Any such item to which Pur~l~r~ shah not object shall be dl~il~ ·
£xc~ption.' if there arc objo~tions by Purcha~r, ~iicr shall in ~ood fmith attempt to sat~y them prior to ~lo~n~, but 5citer shah no~ bc rcqt~ to ino~ any
~ do to ~o. if ~cller del~r~ w~ttcn noti0¢ to i~llas~r on or b~'o~'~ till ~ dap' thlt .~.U~r is I~nmble to lat~y ~uclt Ob~l~UOl~, or ti', [o~ any lmasolt,
i~ urmblc to convey titi~ in aOcordanoe with .~ion 7(B) helow, P~r Inly either w~ve such objo~op.s and a¢olpt suc~ t~ik~ at =~,~_LI~'~ is &bk~ to
terminal~ ti~s ConlJ'·~l by written not~ to .~ll~r. Zonm~ ot'd~tanl~ ·ltd tl~ lien roi' currcnt ~ ~ be dimmed to he P~rn~ti~
B. 5oiler rcprcsents and warrants to Pt~chaser that at the closin~ 5cik~r will have and will convey to l~chaser ~ood and marketable title to th~
Property frcc and clear of any and all cncumbrancc~ cxc~p! thc Premitted F~tocptions. I~ve~ of the Title Policy put.trent to .~on 7 betow sit·ii he d~emcd
to fuU'dl mil duUCs of ~licr as to the sulT'tcicn~-y of title required he~tmdc~, providnd however, ,~ll~r shall not t~by be re~ [rom the warrmnu~i of
I:k~d.
5. ~ Purchaser acknowiodi~i that Pu~chascr hat insp~ ail buddmis ·nd improvements sittmted on the P~opcrly and = tho~oultidy famdmr
with their condition, and Purcha~r hereby m~:epts the Properly ·nd the buildin~i and improvemenls r~tuatod thereon, in their p~e~ent cond~bon, with
chan~ th~n as may hercalter he catt~ by rearm·able deteriot'ation.
W. ~ '.~ Ati.~l~'vl'h~-:l~'~.~_,._._. '" -r-..-~ I~t r' ~i %. . ii'.r.: .... t:._~d~ ' _.:l. i~_**__~ ' "k-·
destroyed by I~rc or other catuahy, to · material extent. Pur~r may either tefsrurmte th~ Contl~a~t bY wriUen nott~ to~J~r or_~Jo,- sc ~¢lect~
dole, despite laid mate·al dmma~l; or dc~tl'~c:,,~!','~ ~-]? ~!1.:.!,:,! t-.-q¥~.*~.,~.l!,i~,'.l,:,* t~· t~-a,.:,'. ~1 ~,*,!.'~1'~ m,,~.~im~ r orchm~r .~'s n~tt, t~til m~d
inter,st in·nd to a8 msumno~ proceods rcsultin~l,:.mb] ~-~.*<1 t,:,,,t- v,l~t~,,,, ~4.,w,~.- :,~,-..c,],~ll,~?_.i.~ pr°v~lo;I herein, thc tu~*m'~tet~al'~
dama~l:ordesu'%tation, the¢o~tofrcpairln~whKhl.~.:*.',~-tr-~,ll[,~:~]. -t:~,~g,-I[.. prtae, lntheeventoficsl~th&nmateri&ldat,r~ol'0c~tl~cltontothe
Prop~r~y prior to the cio~in~. ~clicr shall either p~ ,~ ,* li ]','-i, *''r4 *.' r*~ ~mmu~ at .~lier % cxpcrtr~, or rcimbtarse Pu~l~r for the ~ of rcpa~'mil thc lama
by ass~l~lt~ any il~ttrat~;~ pi _o~____~ rc~ult~l~ t ~*~,~* _.. to I~ci~at~' and] o~' by ~ttowtng P~chas~l' to d0duct stroh ~ from the cash pay&b&c to
clan& ~ the cx~nt of da~ne ~- ::~ am~t of i~u~ pr~ to ~ ~ a~b~ = not a~ to ~ ~r~ p~or to t~ ci~ ~ t~ m
~ton 7 ~1o- ~. ~ ~ ~ not a~ to ~ ~mp~ ~ to ~ ~, ~r ~y, by wn~n n~ to ~ ot~, ~y ~ ~ ~ ~ ~
::..~.-_.~ 2~ ~=~ ~ a~---~wM: ..... ~ ~*: . kgl met ~ t *~-- ~:~ (~) ~ -~'- ~- fi:-:~-'~ ~al~vM ~- ~s~t~t 7
7. ~.
~d~ s~ ~low; pro~, howc~r, t~t ~ on s~h ~ t~ Tit~ ~m~ny ~ not yet nppro~ ~ or Et~ ~ ob~o~ ~c by ~r
We not ~ ~n ~ by ~r, citer ~y, by wnt~n not~ to t~ ~r, ~y ~ t~ ~ ~ t~ ~ to s~ ~ ~ s~ ~ ~ m
B. At t~ ci~in~ ~iier s~U ~ii~r to Purc~r: (i) a ~ W~nty ~ (with VmmEorV s :aR ~ ~':~wd ~mt m ~vh P~*r~ w q ~n~ t~
~ P~ m~ by t~ u~r [o~ t~ Ti~ Core.ny p~t to ~ Tt~ ~r ~ ~ t~y e=~on ~ (~ ~ to ~ m
su~ o~ m t~ ~ E~ a~ (~} ~ ~ ~ ~ny.
~ ~/tyh**ut~-*~ ' _[[I _1 ' __ * ' ~ ..... ~ ~. ' T'' C ~ . _ ---~ ~ ~'~
· A~-.-~itL~ ~ -- . --~ --~ ~-r -, ~ -'
E. ~ .... ~,~ .... ' '_..~' ilk
~~ to~ ~~ ~n ~ ~by~ ~n~ ~r ~ IO~~~ t~ ~ ~ ~~-
~ ~ ~ ~y ~ ~ for ~ ~ ~- ~ ~ ~ ~ to ~,,m---W ~ ~ [~ a~ ~ e~ ~% ~
~ of t~ ~n~ p~t to · ~1 to K~ ~ ~ ~r s~ ~ t~ ~ to ~ ~ ~ M~y ~ to ~ ~
It ~ ....
~ ~ A~m% ~ to s~h ~on ~ ~Y ~ u~ t~ ex~,*" ,, ~' ~ C~ n~wit~l~ any tu~nl tattoo
~~, t~ ~m~n ~ ~ ~ o~ ~*' ~ M~. ~ ~~ ~ ~ ~ by ~ to t~ Pn~l ~t ~ ~ Cowry,
~w ~ ~ ~by ~thf ~d~m~to~ ~ ~
'- ~ ...... .~s ..... ' ...... - ' - '
i~ ....... ~""~d~-/-- ~v~ .... er~ .... ·p:'~ ~['~v: ..... .--~r ff .... x ~ ~y ....... ~ ...................... .
I I. I~v~.~---'l-r IIz'-
A. Dire el Connect. Th~ ~rm'date of th~' Coni~acl' n meal herein ~haU mc, an the later of t~ two ~tc~ on wh~h th~ Con~ ~ ~ by ~
or Pu~cha~r, a~ nnd~a~ by Ihc~ ~iwc~ below, winch Jaw ~ ~ddl be thc ~ o~ final exccuhon a~d aj~c~mem by the pnm~ ~o.
B. Nw_'~__~__ Any not~C or commumcauou ~red or pcrn~ he~ ih~li ix ~ ~ be dchver~, whether icx~y ~ ~ ~, w~n
depo~led ia tM United Sta~cs mail, po~F [uUy prepaid. ~red or
~ Conlrac*l. Any addre~ fo~ notre may I~
C- Fo~, in case of a dispute u to ;he lorm of &ny docum~m ~qum~d hr,~unO~r. Ib~ cm'~nl fo~m p~pa~0d by Ih~ Sta~e B~ el Tr.x~ ~ be
conciu~vely de~med reasonable.
D. Allomey;' Feee. tf ¢i~her pa~y sKaU be ~qua-od Io employ an axtorn~ to e~ ~ ~f~ ~ ~ d ~ ~y ~, ~ ~v~
p~xy ~ b~ eflu~d ~o ~ecover rea~onabk attorncy~* f0e~.
£. inlqralion. Tl~s Contract contains the complete a~e~menl between the pan~ and
a~eemen~ by and bexw~a ~b~
12. Comment n OI1~. The cJ~cU~ion of this C:on;rac~ by Ibc FUlX pmly to do Io oon~Utule~ aa o~ Io pu~Jm~ o~ ~ ~he Property. Una~ w~ll~m
THIRTY ( 3~)daysf~mth~date~f~ec~mn~th~C~uac~byt~e~mpar~y~thi~C~mra~i~a~ceptedbythe~fM~y~af~y¢x~~~
copy i~ d~livercd to the l'wM party, the oiler o~
Pu~cha~r.
13.
A. PURCHASER will be responsible for all closing costs related to
this transaction. These costs will include but not be limited to survey,
title policy, document preparation and filing fees.
B. PURCHASER will provide SELLER with an easement on the entire
property using an easement form provided by SELLER.
I;XI~CUTF..D on I~ ~ ~ ~.
AGEN'I'~ ~t:LLLR
TEXAS UTILITIES ELECTRIC
NONE n~. --*
B~. N/A ~
pL #('ii A.'sEII:
A. ........
President
13760 Noel Rd., Suite 620
Dallas, Texas 75240-4320
By: N/A
Eamm Money temved
tim day oi' ·
AMERICAN TITLE COMPANY
By:.
3131 Turtle Creek Blvd., Suite 10
Dallas, Texas 75219
(214) 528-8916
EXHIBIT "A"
BEING a tract of land situated in the David Myers Survey,
Abstract No. 866 and the S.A. & M.G. Survey, Abstract No.
144~ in the City of Coppell. Dalia~ County, Texas. an(~ bein~
out of that certain 130 foot Easement described in deed to
Dallas Power a~d Light Company as recorded in Volume 4594,
Page 302 of the Decd Records of Dallas County, Texas. and
being more particularly described by metes an~ bounds
BEGINNING a% a 1/2 inch iron rod found for corner in
south right-of-way lipa of Sandy Lake Roa~ (80 foot right-of-
way), bein~ the northwest corner of River Ridge Addition). an
addi~io~ to the City of Coppell. ~allas County, Texas, as
Dallas County. Texas and al~o bein~ NOrth 53 degrees 3~
minutes 19 seconds West. a distance of lO.O0 feet from the
intersection o~ said south right-of-~aF lane of Sandy Lake
Road with %K,e west righ%-of-waW line of Riverchase Drive
THENCE 5outh 29 de,tees 13 minu~s 41 s~oonds We~%. depar%in9
said south riQht-of-way line o~ Sandy Lake Road. and alon9
th~ common wes~ lir, e of sai~ River Ridse ~dOi%iun a~
line of said D.P.~ L. Cu. ~'ight-of--way, a di~.mllc~
1,%95.79 ~eet ~o d 5/8 inch i~on rod set Sot
T~ENCE North 23 ~egrees 11 minutes 46 seco~%~s East, a
distance o, 142.7& ,eo~ to a 5,'8 inch iron voo set
cot n~1';
THENCE North 29 degrees 13 minutes 41 seconds East, along a
line 15 ~eet ~est of and parallel %o saiO com,.on west lin~
said Riv~, Ridge Addition a,~d east line of S~i~ D.~.~ L. Co.
right-of-way, a distance of 1,547.71 feet to a 5/8 inch iron
THENCE North 32 degrees 02 minutes O0 second~ East. a
distancc c.f 306.49 Teat %o the POINT OF 8EGINNING o$ the
O.~lOi ~c-re oT lal]~, more or less.