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Pecan Hollow/FP-CS 930915 (2)September 15, 1993 Margaret Mike Arthur Kranz 232 Beachwood Lane Coppell, Texas 75019 Dear Margaret and Authur: This letter will serve as official accepiance as of this date, by the Board of Directors of Pecan Hollow Homeowners A~sociation, your offer of $2,500.00 for conveyance to you of the common area property (,apprcximately 2488 sq. ft.) located adjoining to and between the residences of 228 and 232 Beachwood Lane, per the attached Special Warranty Deed and Exhibit A and Exhibit B. The Board has discovered that there is no existing easement on the property as stated by the City of Coppell in their June 30, 1993 letter. It was actually designated as a common area and not as an easement; and as such, the sale of this property does not require the approval of the City of Coppell. Therefore, we can proceed to execute the attached Special Warranty Deed and for you to register it in the Office of County Clerk, County of Dallas. We request a copy of the official registered Special Warranty Deed upon your receipt from the County for our records. Upon execution of Ihe Special Warranty Deed, we will proceed to deposit your payment into our accou,~t. i do not foresee any reason at this time why you cannot proceed with the landscaping of the above property upon execution of the Special Warranty Deed. Please execute the three (3) attached original copies of the Special Warranty Deed and return one original for our file. The two other originals are for the County of Dallas and your files. Please call if you have any questions. Sincerely, President Pecan Hollow Homeowners Association Accepted: Accepted: 'A J. ra M-arglCet E. Mike Carol Tolen - B.O.D. Mark Weiner - B.O.D. EXHIBIT "A" Ail that certain tract of real property situated in Dallas County, Texas, and being more particularly described as follows: Being all of that certain Common Area situated between Lots 8 and 9, Block C, Pecan Hollow Subdivision, according to the Map or Plat thereof, recorded in Volume 90139, Page 2914 of the Map Records, Dallas County, Texas, and described by metes and bounds as follows: BEGINNING at the Southwest corner of the tract conveyed herein, on the North margin of Beechwood Lane and at the Southeast corner of Lot No. 8, Block C of the Pecan Hollow Subdivision; THENCE with the Eastern boundary of Lot No. 8, North 0° 56' 25" West 123.35 feet to the Northeast corner of Lot No. 8; THENCE from the Northeast corner of Lot No. 8, North 89° 03' 35" East 20 feet to the Northwest corner of Lot No. 9; THENCE from the Northwest corner of Lot No. 9, South 0° 56' 25" East 125.47 feet to the Southwest corner of Lot No. 9 and the North margin of Beechwood Lane for a corner; THENCE along the Northern margin of Beechwood Lane in a West- Northwesterly direction, 20.11 feet to the PLACE OF BEGINNING, and containing 2,488.2 square feet, more or less.