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HomeMy WebLinkAboutLegal Document06/30/95 14:54 L 409 846 8252 KLING ENGR 1002 6 ;' ~-~ .'.; :~ F ~ ( i~ 9~.. . ;' i ~• ~ . p ., ! I .,i :~ 'v .i .t `'i+,t e''t~f~~~; y.. If tf. tl ~~° ~~P,• fE~ 1 :;5 f '` , .~i ~,~ 1.: j :~Tj' yep. II~ ~f.~ S '• .1e _, Fi ' , ~~ ,' • I ; ~.. ~~° t THE s~cATE of TEXAS ~ ~ - ~~~ ~` ' ~ ~:~ ' ~ KNO'W ALL MEN BY THESE PRESENTS : ~ ~; ' ~ ,~ ' ~ ; • ~ . GOUNTY C1F BFtAZQ$ ~ ''~ ". ' , •~ ' ~. .. 'I • ~ THIS AGREEMENT, made and entered .into by and between ~~~ ~~ ., '~' 1•. ,• VERA C. DCW'ELL, a fame sole, of the State of Texas, Connty of ~ `. '1; : ~~'~ ;,,• ~.. 'I~, ; , , . ' Brazos, hereinafter call®d SELLER, and CLINT A. •BERTRAND, of th8 ,': ~;;;; ' ` '~~' • •• ~ State of Texas, Coanty of Br+~zos, hereinaf~•er called 'PURCHASER • : F~:;~ I~'' 1~ s , i :. • .WITNESSETH~ ~ ~ ~ ' ~~ • ~.. ?' • . ~ .. , ~ _, _ ~ e t _ ' ' ~ ' ~ .. Y P 8 y , .... ., .,.. , ~ Tha t Purchaser dose b these resen is a ree to take b ~ ' ' ' ' ~" ~''~ ` ' ~ 9 ' i 'conveyance by Seller, and Seller hereby agrees to convey and ~ ,''~`i';.'~i~~i~,'.~ ~ . ' ~ . ' deliver , , • to ~nrchaser, upon compliance with the terms of this ~ ,.~:.'~~~`~,~i~.. agreement, the following described real. estate, to•wit. ~~ „ + r ~ I BEING a tract of~ 38.65 acres of land in the Morgan .+';,;. ,.. ' ~ Rector Leagae in Brazos Coanty, Texas, being all of ~ ~ ...~~; . ~ ~ .; that certain tract or parcel of land conveyed to ~ ~' • • ' ~ t ~ ~ ' + W, M. Dowell b -~ ~ ~ ~ O Wia~iams by a certain conveyance ,",~ ' ~ ~ l ' ' ~ 73 , , recorded in Vo ame page 512, of the Deed ; '.. k Records of Brazes County, Texas, and. part of a ~ ' 50.3 Rcre tract of land conveyed to the said W. M. ' ,!,;~;,''~ ~`~ ` i `~ ' ~ Dowell by Harold L, Miller by conveyance dated '" `~ ' ' ' ; '.~. ~ • • ~ ; ; June 6, 1952, and being recorded in Volame 154, ' ~~+ ' ' ' ~ `' , at page 382, of the Deed Records of Brazos Coanty, ~ ~~ Texas. Said 38.65 acre tract being more particnlarlr ~i~.~~ described by me tea and boands as follows: ~ ~ :~i ~ ~; :, . BEGINNING at a fence corner in the northeast Tine of ~~ ` ' '' • ° ~ '~ ': °; Lake View Acres, a snbdiviaian in Brazos Connty, Texas, ~+ o ~ as shown by a certain instrument recorded in Volnme~I2$, .~' , • at page 302, of the Deed Records of Brazes Coanty, Texas, :' '' at the northwest corner of the said Dowell 50.3 acre e ' . I ~ ~' ' 1 1 ' • '' ~ ;. ~ t . 4 TRENCH N 450 3Z W a distance of 224.8 feet along the ; ~ . ,~`~ . . . ~ : ,,fir. „ . , . northeast line of said Lake View i+cres to a fence eorner' ~ '; ~~ ~- :~ ~~.: ~ ' ' ,~ ~ , . , ; , . at the common corner of tracts .Nv.. 5 and .12 said Lake ;' ~~ `+''+:~'' : " ~ ' .. _ r ~ . .~ ' View Acres; .... , . ~ ..9+,~~, ;:;~;>;~:. ,I~~ ' r. 06/30/95 14:55 ^L~409 846 8252 KUNG ENGIt 1003 ~o a .. ~ :: ~ THENCE N 450 37' E $ distance af-2,245.3 feet t0 an ~ ~; ` •.~ iron rod in the southeast line of the said Dowell 50.3 . acre tract; - i ~ ° THENCE W 440 4b' W $ distance of 138.5 feet to an iron • ' rods THENCE S 490 50' W a distance of 47$.6 feet to an iron ~ .~e' rods ' . ; ._ I J . ; ~ THENCE N 380 47.5'° W.a, distance of 616.5 feed to an iron ~ • rod in the northwest line of the said Dowell 50.3 acre • tracts ' } THENCE S 460 2b>5' W~a distance of 1 070.6 £eet to ~' POINT OF SEGINI~ING 'and containing 38.b5 acres of land® I• ', more or lase . ~ . ° cGvSu ~ ,~ `fl°~3 ~3S NCB- ©o,l~ra ', ~~ ., .Such conveyance shall be made subject, however, to all ~ ~P' easements, and restrictions as to nee and occupancy, if any, affect•,~ I1. • ing the property herein described. ~ ,. I .I ~ - ~ ~ \. ~~. 2e . . The consideration for the conveyance hereinabove provided (~ for is the sum of $38,b50.00, said sum is payable in monthly ' installments of $250.00 each, including both~~principal and interes at the rate of 6~% t, which interestJshall be calculated ne the unpaid principal balance . and shall be paid monthly-by apportioning so much of said payment of $250.00 as is necessary to pay such interest on said unpaid principal balance: and the remainder of each such monthly payment shall be ~ ' applied to total purchase price of $38,b50.00® The first of such ;' $250.00 installments shall be due and gayable on or before the ~ . ;. . --ash-- ~~ °£ ~_ , 1967, and on or before the ' 5_„th_ day of each month thereafter until said purchase price .. '. ~• and all interesat dn® thereon is £nlly paid. •~ tip; ~a s ~~ I' ~ yw .. ~ ~ : T~NCE S 46o Ob a 5' W a distance of 767.2 .feet along a ~ ~ ' ~ ~ ,; :: ,ti ' o ~ ; fence lice to a fence corner at the caomon corner of "'~ ~~~' ° ~ Bracts No.~ 10 end 13. said Lake View Acres • ~ ' °i ~' e . Ti~NCE S 450 13! E a distance of 1034.0 feet along a ~.' ~ ~ `~ '.~~,; ' ,.. fence line to a fence corner in the aoo~heaet line of° ~ ~ ,;",' ° said Lake View Acrea; ~ ~ a ! '~ . FRANK BORISKI~ ~, ,~,: f ~ ,o~ouehr CIeA. r.ae. txumrL ery.~yo 0 0~ ,#' } ~ ° ' •' 6 Seller a ..P •~ ~ grass that at the ~:irae all scams of said purchase ` . ~ ",°: ' price and interest thereon, according ~,to the terms and gravisions ; :• ~ : ~ ~'' ; ; i , ... j hereaf, hav9 been paid by Bcrrchaser, and in~ the event Purchaser ~ ~ ~ ~ ~ '~~ ~ ~' ...~+..Y.,~~.r~..11 L.n.L....t. ~.~.~; •r~.J~~ .L.... • ~~ 3 ,'/~``~ bra.. •' . y ,. e a ~ i ~' ~ 06/30/95 14:55 'd`409 846 8252 KUNG ENGR 171004 ,. •. ,~ • ~ ~ ' I j Y~ ~ . 9, !1 shall have corp,plied with all other terms and provisions of this ~ •~ j~, ,I ,, ,e s ~ ; • -~ contract, Seller shall convey, or cause to be avnveyed, good and 1;I ~ • ~ ~ indefeasible title to •the ~ ~ ~ ~ property hereinabove described to •' ~'. ; •1 1 . .•~ ~ ~ Purchaser by means of a'general warranty deed, provided however, . • in the event of failure of Farchaser to carry out any of the ~. ~ ' °i'~ •~ provisions of this agreement, inelnding but not limited ~to the ~ . ~' ~ ', ',:~ payment of the consideration and interest herein provided for, ~~ ~ , }, all each payments as shall theretofore have been made by Purchaser, ~: shall. be taken by Seller as rent on the premises to the time of ~. ~ ~ default by Purchaser, it being nnderstood•that purchaser is ;,~.. I ~. , • receiving possession of the ~ ~. ~' `. ~ ' premises on the date of the execution , ,. of this contract, In the event of default or failure to canply' with `' ~ ~ ~ ~' ~' aey of the provisions Qf~,this, contract on the .~~ ; i part of purchaser, and the resaltant teranination of•this contract thereb P y, archaser shall ~~ thereafter be deemed a tenant at will of Seller, and 5e11er shall ',':~~' • .,°, ; have the right tc~ enter and repossess the property described herein ~ ~`:I k and effect Purchaser and an ar~d a~,L •• Y persons holding antler him, or• any' person or persons whatever,. fran said property, and such ~ re-entry i ~ ~ ~ 1 shall not be deemed to impair in any way any rights or•"right 'at law f .~ ~ , ar inegaity which Seller might otherwise haves ~. • ~. 4. Purchaser may obtain a mvratori~am an the paymenC of the ~ , ~: purchase Brice herein set out far a maximam period of six months by ;, giving to Seller a written notice of his intention to..~uspend the '.~~.•~ _ - monthly payments for~.sach' period of time' or any...part thereof, which ' '~ .~ 1 1 wri tten natice shall be mailed to Seller at her last known ec3dre.wn ~ ~ ' ~., . I ~ TIOt ~.$ ; . , ~i ter than the tenth day of the moat~t next preceding the fira~t .". • ' ° month of any ench morator3,nm period. At the .end of any such • j ~ 1, i inoratoriam p®riod Fnrchaser shall make a~.l such payments than I. ~- ~ ~ ~ ~ ' l: _3 ~ ~ ~ `. ~; i ~ .~ . ~ ~Val.'~1GE S 5 ~ ~ 1 ;° _1 W~.uY.'W'"ti ~.°ui~: , v,* ~~~ii. .._.__._. ....~ 1~.. ...... .....--.r~M• ~ ~ rrr.J_t.~_ ._.. . ~ •1.~.. .. .... e~ i~t .. .. '•~~~I: i. °.SW 06/30/95 14:56 ^~ 409 846 8252 KUNG ENGR __ _ 1~4.] 005 > ~ ~, it 1~. d~ _ ~ ~ i 1' " ~ I, 1 s ' i •t ~~~~~~~ ~5fi ~ ~ _. ,. delayed and shall thereafter continue each payments as herein ~ ! ~' made and gravided, ~ ~ . f • 1 Purchaser shall have the right to make additional a ents P ym j an the purchase price herein provided far, provided however, not ~ ~~i mare than a total o£ $~, 000, 00, principal sha11 be paid ire ~ any calendar year £or the first five years of this contract, and therea;ter Purchaser shall have thQ right to make such additional `•,; ~' k payments an the purchase grace as ha may desire. ~ ' I ' ~ 6. ~ ~ ~ , i All ad valorem taxes and assessments of every kind and ~ ~ ~ character levied against the gremises hexet~nabove d$scx~.bed shall ~~ ! ` ' ~ be paid by Purchaser and any i,asarable improvements situated on ~~ I the gremises shall be insured in a reputable insurance company ,~ ~~ accegtatale to Seller against the perils of fire and extended a •~ j. cave~age with lass payaiale to Seller as h$r•interests may appear ' 1 and all gremiams relative ta'any each insurance galicy.or galicies ! shall be" paid by Purchaser. ~ ~ .. ! . I 7. ., P .The parties hereto agree that Purchaser may'.~abtain, and . ~ Seller . sha11 deliver, ~fxam time to orals, cQnveyarices to portions ~- 1 of the tract hereinabave described ngan the fallot,ring. terms and conditions t , ~ ~.. a. Purchaser shallVbe entitled to a conveyance of one f acre of said tract far each One Thausand Dcllaxs paid 1 . .. . ° ~ ,.~®n the principal of the purchase price herein set out.' - ° b. ~ •.Angr tract ao ~or~v.eyed to •Pur~ha~sar shall be .pot lees .. ~;.. tharo ane Mere: ~ ;1 ~ :,... ° ; ~ . ' ~ ~.• ::~ :. ~• . ~~~:- ,,, +. •, ~.• e ~ ~ :'~ .~ .. ° l:J .~.' 1 ° ~ ?, ~ ~1 _. ..._ ~. .... ~•~I.'• ~.y~~.a.J.L~.~.... ~.~~. +r...s.a+..~--...~.i.:•1. .. y.~ __.i ... -....! __.. ... .~....: 4'~_.. .. ~ ~ '. s 1~d1 06/30/95 14:57 ^C 400 846 8252 KUNG ENGR 1006 6 :~" ~ 3 u , 9e ~ d,~( ~ P d 6 ~'• d l f ~~ ' -t~ i~`.~~i ~11 ~ ~~ 4'i Ym a.. . ~ ~ ~ )1{ 917 '•~~ 3 ~ a~ ? ~ a ,; a ti , ~ ; e i ae e ~ ;, 0; ll ` ',~ 7'~ c® To demandany sach conveyance Purchaser mast not be v. (; ~, ~` defaplt in any of the terms and provisions hereof. The parties hereto farther agree that For the gurposes stated ' 9 in this paragraph, the tract of 38.65 acres herein described shall be considered as two tracts as follows: Tract A, composed of Tracts 11, 12, 13, 14, and 15, Lakeview Acres, and Tract B., cvcapoaed of the remainder of said tract of 38.65 acres, Tracts A end 8 being designated • on the plat marked Exhibit A, hereto attached, and made a part hereof ~. far all pnrposes, and that regaests for conveyances to Purchaser shall ' °, conform to the following additional regairements; • d. The first conve once so made as ~ :~`~' . Y to Tract A shall be of :~!';;'. ~,.!!~'":. ~, ~~~ ~~, ~i ~: lard sitnated in any corner of either tracts 11, 12, 13,~' `~~~i'~:;~ ~ ~~~ ~ j ~° ° 14 or 15,- ,shti~m ` o~a~ Exhibit ~A. ~ ~ ~ 1 . •I . • ~•e. •The first conveyance so made as to Tract B eha11 be of ~.~ land sitnated in the most southerly or westerly corners ! • •'~of said Tract B as shown by Exhibit A. '. - .a f. All subaegnent conveyances shall be of land contigooas to tracts previonaly conveyed in either Tract A or . ~ Tract E as shown. by said Exhibit A. ,~ $. . ~ Notwithstanding anything in this cocttiract to the contrary contained it is agreed by and between the parties hereto that Seller ~, ' ~ ~.:; :~' shall at all ~ times heraaf ter have the right of ingress end egress .,:~° d~. • ~ i ~, ~nrongn saro Tracts A and H for the parpose of ,re~ching~the trac `'~ .i,,l ,~o ,~ t '° .~~~ ';, ~; ,`,~°.i of land shown"'on'Exhibit A and~marfc d " ~d ~a~~~li~.;;,;~,~~~ :;, ..~~ .. _ .t p. ! m ;~, a Dowell lan ~° ~,,:,~ ~~ ~~ :~ ~1. a 9. , I ~ . It is agreed by and between the parties hereto that all of~ . ' ~ ~ ~ J the expenses of the present transaction shall be paid by Seller and ~.6 d ~~ ° tlut all expenses of 'every kind and character incident to the further ~~ consamm~ation of the agreements herein contained shall be paid by ~, .::,. ° . ~ ~i1. -5- 06/30/95 14:58 d 409 _846 8252 __ Kd.I_NG ENGR . . B _W ' L~ 'I i ~ . _ ~ Purchaser, , ~, 1007 ~~~~~ .. ~~ ~~, . # . ', li ..This contract shall bind the parties hereto, their heizs,;' ~. exe~ut®rs, administrators, and assigns, and is performable and. ;~. enforceable in Brasos County, Texas.. E7~CUTED this the Ist day of June ' ~ , 1967. ' VERA C . DOWELL .. .._ ... •. , .. GLINT A. BERTRAND e ~~ d. a ~~ ~± dS7-31xG~C AGKkOWlL6GMCNT-tha 1 dBtr, Aprli. - , Thy Sl~tk Co, Avitle THE STATE OF TEXAS, ~. . camtr of -- Rra 2 ~ 3 , • .~~~~~_ BF.FOA6 M8. the aadanl~ad wthetltf~ en thla day @eraanaIlf aPU.nd ~ . ` ' VERA C . DC1W'ELL A FEME SOLE . ~ ' . J tv ba 11n ~~- wLeaa eame~ i8 to Iha fon~ $ .• _ tte wmar fee t~. palpe*p end mealdaaetioa Wetada • an / solos initsaa q !+ad eoknewledsed to me (bat Leo ~eeatad '' , ' Gt+s ~a ar bawd and wrl eI alBa~ tbla _.,..~/', day of . ID ~ !, K~7Ynblb„~.$rA7~B ~ ~a rasa., 6S7~S1kIIt[ rCKf10WLEDl;aENT-flan 1 An. A rll, 1962 Tbl E1ark Co. Aa.tle ~ ~ ` . THE STATE OF TEXAS, $razos ', I1 Caaab of H$p(/RR bt8, lLa and ° ~iatd anthorlb. as thL drr ~eneaattf appeaaad . 1 l CLINT A . ~ BERTRAND ~.. . ~~ - laewa to m. ~ m ba tba prreeov, a'6eae Hama-~. ~ $ eobraa$al to iha ta~eselas tua ~ l W came, tae tAa ~vvaaea wd aeodderatie.d tbarala aipeaaed; 4 and rtloaarlad;ad to ma flat ___ hem asawted N'~~'s7°~ ° ~2~Se ~ ~~~ . B P 1 ~~ 1~ ~o~rt~A~~$5~ I ' r . •.. /r..av 1M.~.n~.+~... .Y.p.. ~. uw~ ar\ ~ ~..r :....~ ... - ... - ..~w..... Ka ~n .Lxrwc .I. 1r~xA~w nw oaxx .ra. ~ • .~.. ~.. ~.+. ~ •.~.~a..-w +.+a .i i i ~ ~ - ~ _.~-~... .. _.. .._.-... .~ .._ .,. ..-..... ~ _.. ... __._.. ... __ .... ~ - a a ~ ~ ' "` ~ o ~ ~j f~ ~ 7 7" ~ ~ ~ . ~ ~ d u <- ~ ~ , ..~ ~ kl '. ° N~ ~bu.° $raaas' . can ~s.~... I~ e ~ ' 1 `~ '~ t ~~° ` ~I I~ ,. i , ' i. ... _ .... ._... ._... ~_~.. _.... _. _~.... ..~ e.-_~.-~~.. ...-~__~~___.. s ~ ..~.~..~j