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<br />Commercial Unimproved Contract Concerning 33 .34 acres <br /> <br />C. If the Property adjoins or shares a common boundary with the tidally influenced submerged lands of the state, 933.135 of the <br />Texas Natural Resources Code requires a notice regarding coastal area property to be included as part of this contract. <br /> <br />D. If the Property is located seaward of the Gulf Intracoastal Waterway, 961.025, Texas Natural Resources Code, requires a <br />notice regarding the seaward location of the Property to be included as part of this contract. <br /> <br />E. If the Property Is located outside the limits of a municipality, the Property may now or later be included in the extra-territorial <br />jurisdiction (ET J) of a municipality and may now or later be subject to annexation by the municipality. Each municipality <br />maintains a map that depicts i1$ boundaries and ET J. To determine if the Property is located within a municipality's ET J, Buyer <br />should contact all municipalities located in the general proximity of the Property for further information. <br /> <br />F. Brokers are not qualified to perform property inspections, surveys, engineering studies, environmental assessments, or <br />inspections to determine compliance with zoning, governmental regulations, or laws. Buyer should seek experts to perform <br />such services. Selection of Inspectors and repairmen is the responsibility of Buyer and not the brokers. <br /> <br />26. CONTRACT AS OFFER: The execution of this contract by the first party constitutes an offer to buy or sell the Property. Unless <br />the other party accepls by 5:00 p.m., in the time zone in which the Property is located, on <br />the offer witllapse and become null and void. <br /> <br />This is a legally binding contract READ IT CAREFUU,. Y. The brokers and agents make no representation or recommendation <br />as to the legal sufficiency, legal effect, or tax consequences of this document or transaction. CONSULT your attorney <br />BEFORE signing. <br /> <br />Buyer's <br />Attorney Mark Tavlor <br /> <br />Seller's <br />Attorney Gefle Ma;ors <br /> <br />yer IN -JVo{ <br /> <br />~ <br /> <br />Se er <br /> <br />Buyer ci ty of San Marcos <br /> <br />AGREEMENT BETWEEN BROKERS <br /> <br />Listing Broker agrees to pay <br />a fee of $ or % of the sales price when the <br />authorized and directed to pay other Broker from Listing Broker's fee at closing. T s <br />prior offers and agreements for compensation between brokers. <br /> <br />other Broker <br /> <br />License No. <br /> <br /> <br />(Other Broker) <br />r's fee is received. Escrow agent is <br />t Between Brokers supersedes any <br /> <br />License No. <br /> <br />By: <br /> <br />other Broker's Address <br /> <br />Listing Broker's Address <br /> <br />Phone <br /> <br />Fax <br /> <br />Phone <br /> <br />Fax <br /> <br />ESCROW RECEIPT <br /> <br />Escrow agent acknowledges receipt of: <br />o A. the contract on this day <br />o B. earnest money in the amount of $ <br /> <br />in the form of <br /> <br />(effective date); <br />on this day <br /> <br />Address: <br /> <br />lcrow Agent <br />r: <br /> <br />Phone <br /> <br />Fax <br /> <br />(TAR~1802) 11-5-99 <br /> <br />TAR, P.O. Box 2246, Austin, TX 78768-2246 <br />Produced with ZipForm"" by RE FormsNet, LLC 16025 Filteen MUe ROlI':l, Clinton TO'ImShip, Michigan 48035, (800) 363-9605 <br /> <br />Paoe 9 of 9 <br />1'OiO0424.ZFX <br />