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8 8062935366 LAW OFF1CE
10/02/89 11:16 P.02
WARRANTY DEED
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Date:
, 1989.
GrB.ntee~
70Trt ~ t~DIA~A~ INC.~ ~ Texas Corporation.
Grantee I a Matting Acldreso (:f.T1cltiding county):
P. O. Box 16265
Lubbock, LUbbock County. Texas 79490.
Con9ideratloll~
'l'EN AND No/too DOLt.ARS and other valuable consideratiort.
Property (ineltidingany Improvements):
Lots 11, 12, 13, 14, 1~, 16, 17,. 18, 19, 20, Hud :li, Boardwalk
Subdi~isiDn~ City of College Station, County of Brazos, State
of Telcas.
Reservi~iob~ from a~d E~ceptions toConvey4nce and Warranty:
Grantor ib tha owniro[ Lot~9 and 10, Boardwalk Subdivl~ion,
City of College St~tion,Countyof Brazos. Statij of Texas, and
GrtHltel!! by this deed becomes the owner of Lots. 11, 12 and 13,
B~atd~alkSubdivlBion, City of College Station, County of
Brazos i State of Te'xas.
Grantor .. hereoyJ:esorves . unto Grantor, Grantor.' 9 successors,
!sgll.lrepres~ntatives . heirs, assigns, licensees, agents and
employees ~ a .non..exclusive easement for purpose of ingreS$ and
egr.::as ~or pede$trian. and motor .vebicle. traffic ..to an4Jrom
Lots ? and 10. .Board~alk. Subdivision, City of College S tiJ;t ion ,
County of. Brazos,State of Texas.. or any part thereof; across
Lot 1,1, Boardwalk> Subdivision, City of College Station, County
at Bral1:os ~ St(lte of Texas. Grantee doea agree wi thin a
reasonable. time after this purchase of Lot 11, Boardwalk
Subdivisio~;. City. of College Station, County of Brazos. State
of Te~as; but no l,Elter than JetnUqt:'Y 31, 1990,.. to . construct and
lnairltain . on Lot 11 an asphal t paved driveway and landscaping
that ,.. meets City of College Station building codes, standards
and specifications. with no other. tmprovements.on said Lot 11.
The time for const,ruction ofaspllq.'lt paved driveway and land-
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strike.s ~ . riots i actset G9d~,,~l1ortages or 1 a per , or ma1:erla.l-8,
war.. ~overnmeut~l 'laws, .regu;'ations, or restrictions. or any
other . cause . of. any kind .fAbatsoever which i9 beyond the
reasonabl~ control~of Grantee.
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traf\~~~ ~oesagre(! for G.r.ll.ntee and the SU(2cessorS, I~aa 1
:rep,:,e~~I1~atives.. .., h~irs., . ass :i.gtl~' .' lIcensees, llgents,.an.~
emp'loy~es of Gran.tee to limit the use of Lot 11 J Boatdwoltf
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sion t City of
Texas, should be used for
whose prillutry busitleSs
a lcoll01ic
Nothing... contained \'herein shall'. be deemed to.. be a. gift or
dedication of~nypart of Lot 11. BeJa.rdwalk Subdivision, Cfty
uf . College Statiorl, ,County of.. Brazos, . State of Tex4B, . to tile
g~nera~. publ~c ~rfor any public use orpurpo8~ whatsoever. it
being ,t.heint~,~tion ~o,f ,the, partiea hereto . that. the agreement be
for the exclusive ,~benefit of Grantor and Grantee and their
88962935366 . LRY OFFICE 10/02/89 11118 p.es
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aget:tts,artd employees, andn6~hlngin this agreement express or
implied, shall confer upon any person, other thau the parties
hereto., ... and. their. sllccessorsand assigns ~ any rights or
remedies under dr by reason of this agreement.
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This.eonv~yance .1~: further made subject to atl easements,
rights-of-way t and jprescriptive rights, whether of r~cord or
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hot J .ttl1.p.resently recorded instruments. other than liens and
C()llv(!yances.", ..th.at.affecttlle .....property J taxes for 1989. the
payment of which Grantee asstimes.
Gr~n~or,for th~.cons!dE!rat:iortand. subj ect to the reservations
from 8!ld.exceptionsto,.~otl.veya.nceanclwarranty, grants, . sells .. and
conveyst~ the Grantee tIle. property, together with all and singular
theriglltsi,an~appurtenahcestheretoinany~ise belongitlg, to have
and hold it to Grantee, Grantee I ssuccessors. or.. assigns forever .
Gratlto~,>binds .....Grantor ...and ......Grantor' a ... heirs,. executors,
adnlitlistra~o~s.s11d, successors to warrant and forever defend all and
s ingular.t:l\e propert}1to.Grantee atld; Grantee.sileirs, .e1tecutors,
ndmit1is~rlltors j ,successors,.... and '. nssignsagainst.. every person
whom~oe~er:..lawfully claim,ing ..... ?r>, to ,.claim the same. ..or.any part
tl1er~~f. ....e~~ep~. ,as. .to the reservatiolis from and exceptions to
conveyatlCe and warranty.
When ttle context requires, singular nouns and prOTlouns illclude
the plural. i
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GRANtOR:
LAREY INVESTMENTS. INC.
ATTEST!
By:
Larey. President
RfchardX. Smith
GRANTEE:
10TH & INDIANA. INC.
ATTEST:
By!
E. Reuel Nash,President
Paula. Sferaa
Assidtsrit Secretaiy
'l'H~ STATE OF TEXAs
COUNTY OF
Tilis inst:rument:~as" acknowledged before me on ttle
j1989,byC.; Eugene ,LareYj Pre~1deuc
Il1vestments, Ille.. a 1'ex:as corporation. on beha.lf
corporation.
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10/02/8911=18 P.0,'
Notary PubIic, The State or~exas
My con~ission expires:
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ADDENDUM-Nd. ITO C011MERCIAL REAL BSTATE SALE CONTRACT
BY AND B~Tw1i:Ji:N
C.E. LAREY, FRANCES. V. LAREY and RICHARD SMITH AS SELLER
AND pLAINS PROPERTIES OF TEXAS, INC. AS BUYER
DATED MAY 2. 1989
COVERING PROPERTY LOCATED AT
COLL~GK STATION. TEXAS
ThBt.:ermsand provisions of the Commercial Real Estate Contract
ldentlfi~d ~bove are amendid, addedt6. and/or changed as hereafter
provided:
1. Pat~8raph 2 tif the original contract is amended to hereaf~
ter read~ ftpROPkkTY; A tract of land situaf:edinthe City of
College Stdtioh, County cif Brazo~.Staty of Tex~91 together with all
1mpr~v~menti.fixturei. andhll property of every kind and character
811dclescripti()11 owned by Seller located on t attached to . or Used in
connectiort ~!~h th~ Property. ind all privil~ges. appurtenances
pertaining thet~to. irtcluding any right, title and interest of
Seller:lt1 arid toadjaceht: streets. alleys, or rights-of-way. The
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property (hert:!inafter referred to as the "Property") whose legal
descriptiori ii Lotd 11. 12, 13, 14. 15, 16, 17. 18, 19, 20, and 21,
Boardwalk SUbdi\rision, Cl ty of College Station , County of Brazos i
State of Textts,sold utlder this Commercial Real ~state Contract
i
(hereinafter referred to as .the "ContractU) is out::lil\ed in red on
tIle plot plan attaclled t,o tlliS addendum as Exhibit "A" and incor-
poratedhereinbyreference.tt
2. Paragraph 3 of the origitlal contract is amended to
ter relit!: "CONTRAC1' SALES PRICE: The consideration for the
SUCl1 property will be S->O,l,f)oo.oo.n
3. Any other pro~ision of the ori2lnnl rntltrJ.lrt-t.n f-h~
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10/02/89 11119 P.ll.
contrary nbtwi ths tllndillg t Buyer and Seller agree that. Buyer may
~ermtnAt.th~ contract tinder ~he provisions of Paragraph 6 without
further li'bilityof either Buyer or Seller until the closing dat~
of this Contract hereinafter specified as October 2, 1989.
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10/02/8911119 P.l2
4. 'Thi fir~t ~entenc~ of Paragraph 8 is amended to r~ad as
tallows I "CLOSING: The closing of the sale (the "Closing Datu")
ahall b~ at thij office of Chicago Title Insurance Company in Dallas,
Texas bn or befate October 2, 1989, provided Buyer has not terminat-
ed this Contract as provided herein." The remaining portion of
Paragraph 8 ij notchang~d.
5. Seller repres~nts to Buyer tllst Lurey 111vestments, lrlC.
OWI1S an ihtercbtil\ the Property ao"~red by this Commercial Real
Estate Contrdct and Larey Investments. Inc. does join in the signing
of this AddetidumNo. 1 to Commercial Real Estate Contact as Seller,
agreijingto be boUnd by all terms ~nd conditions of the original
Commercial Real I!:st:aeeContract and this Addendum No. 1 to Cotnmer..
cial Real EstateCorttract.
6 .
Exhibit "e"
of tll.eorigitlal Cotntllerclal Real Estllte
COlltractia amended to read r "Inaccordance with the terms of
Exl1ibit "CH attached to this Addelldum No. 1 toCommercilll Real
l!:stateCotttract."
7 . St:!11er hereby reserves unto S~ller:J Seller's SUCCeS$Ol.S.
l~gQl f~pr~i'ritativesth~irs, assigns, licensees. ag~ntB and employ-
e~St a firin-~Xclugive eas~rnent for ptirpoa~ of ingress and egress for
pedestrian and motor V~llicle traffic to and from Lots 9 and 10 J
80ardwalk Subdivision. City of CollegeStation.Cotinty of Brazos,
state of Textt~or any part thereof~ acrosi Lot 11, ~oardwalk Subdi-
~i~ion. City of Col1eke Station.Coutlty of Brazo8, State of Texas.
Buy~f do~~ agr~~ ~ithirt area~onabl~ time ~fter the purchase of Lot
11~ Boardw~lk Subdiviston~ Cit, of Coll~ge StatiQn~ County of
Brazos.. State of Texas . but no lat~rthanJanuary 31 t 1990, to
COl1struct and mail1tain pn Lot 11 81l. aspllaltpaved driveway and
Illlldscnp:lngt:hat mt;!ets ;City of College Station buildingcodea I
stanuards l1tld sVecificati."ons. with t10 otherinlprovements on said Lot
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11. Thij ti~@ for condtrtiction of asphalt paved driveway and l~nd-
scaping on Lot 11 shall be ex.tended for delays due to weather t
strikesj riot~j dcts of God, shortages of labor or materialsjwar,
governmental laws, regtillttions, or restrictions, or any other cause
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of any kind whatsoever ; Wllicll is beyond the reaBonablecontrol of
Buyet'. This nOTt-excltis1veeasement for the purpose of ingress 811d
egress to and from .Lots 9 a.nd 10, across Lot 11, Boardwalk Subdi'".i-
sion j Citydf College Stat1ol1 . County of Brazos t State of Texas,
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shull cotnmence ollthe, date of closing atld shall contitlUe in perpetu-
ity and tih~tl run ~ith the land.
Btiyer do~s ~g~e~ for Buyer and th~ successors. legal represen-
tativ~i. heirs~ ~ssignsD; licens~es. agentsj and employees of Buyer
to limit thy tise of Lot 11,Bo~rdwalkSubdivisionJCity of College
station. County of Brazos, State of Texas to use as a driveway for
purpose of ihgress and egress for pedestrian and motor vehi(~le
traffic from adjoiningprope:rties. Tllis agreement lin.iting the tlse
of Lot 11, shall cOmmence on the date of closing and shall contillue
irt perpetUity ind ~hal1 ~tin with the land.
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If at anytimenny part: of Lots 9 and 10, Board~alk Subdi'Ti...
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sion. City of' College ~tat!on, County of Brazos. State of Texas,
should be used for an}' coml11erciuletlterprise of any kind whose
prim~ry bti~lh~~~ i~:
(1) the sal~ for on-site consumption of
alcoholic beversges to the public (exoludin~ ~pscifically and
without limitation, rt!statirants, cafeterias, and/or other. commercJtal
E!ata'blishmetltsofallY kitld that sell, service or otherwise provide
lllcoholic beverages for OIl-site consumption incidental to said
restaurahts, cafeterias,and/or ottler commercial establishment IS
regular bu~ine~S)l or.(2J the sal~ of pornographic materials of any
\
kind or anybtisinl!ss or conunercial enterprise engaged in showing
sexually kxplicit motio~ picture*: or any part of the property be
'r
used ~s mA~sag~ parlors or establishments in which there is nude or.
s~mi-hude durtcingot shO~St or so-cailed topless or bottoml~s9 show
clubs, bars, taverns. or clubs, or (3) the sale,
mobil~ hom~a or ~anufaetured houaingjor (4) for dance hall, movie
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theateri ~arnlval.or fair facilities, warehouse~ storage ~hed or
storuge ih bulk of secohd-hand materials; flea mark~t. pool hall,
bowling alley~ video arcade or game roomlroller rinktfuneral home
or tindertdking bu~ines~; penal or correctional institution; or
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storag~or manufacture of eJtplosives or other vola.tile mate1:'ials,
thenduting the time of the use of any pa1:'t of said Lots 9 and 10,
Boardwalk Subdivision, City of College Station, County of Bra~os.,
state of Tex~~ for violative ti~e stated above~ the right of Seller,
Sel1~r'~ successori, legal repres~ntativeB. heirs. assigns, licens-
ees; ng~nts, and employ.eesto the non-exclusive easement for the
purpose of ingress and' egress for pedestrian 81,dtnotor vehicle
traffic across Lot 11 t. Roardt4alk Subdivision ieity of Col1el~e
Station~ County of Brazos. State of Texas, shnllb~ suspended and
will c~ase.but will be reinstated ~h~n the use of the property for
vi()lative tis~ ~tat~d in the prec~ding paragraph above ceases and is
stopped.
Also, during the tlmeof the Use of any part of said Lots 12
.nnd 13. Bo4~dwilk Stibdi~i~ion* City of CollegeStationj County of
Brazoi. st~ti of Texa~ fpr Hny violative use stat~d above, the right
of Buy~ri ~uyir'i succe~~ord~ legal repre~entativesJ heirs~ assigns,
licenjeea, dg~ntsjand employe~s to tis~ Lot ll~ Boardwalk Subdivi-
sion. City of College Station, Count-y of Brazos, State of Texas, as
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adr:lveway shall be susp'endedand will cease, but ~il1 be reinstated
when the use of the property for any violative use stated above
ceaseS and is stopped.
Noth!ngcontnined herein 811a11 be deemed toba a gift or
dedication of any part: of Lot 11 t Boardwalk Subdivision. City of
College Sttltion, County of Brazos. State of Texas, to the
public or fot any pubU1c use or purpose whatso~v~r, it being
int~I\tion of the partips llereto that the agreemelltbe
benefit of Sel.ler and Buyer. and their successors . assigns,
bllsinessinvitees ,customers, agents and employees . and
nothing in this agreementexpresBor implied, shall confer upon any
no.,- ann ntt,~,. t-h ~n f-Jt~n ='.,..,. ~p n h ~"A tn. Sll1tl t-l, pi y" {.lll f' rp R .Q.nl'" ~ .Al' r1
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assigns, any rights or remodies under or by reason of this agree-
ment.
All otl1er terms and conditions of the Commercial Real Estate
Contract identified above are hereby ratified and confirmed except
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