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written instrument executed by both parties. THE LICENSOR MAKES NO WARRANTY OF TITLE <br />IN CONNECTION WITH THIS AGREEMENT. THE LICENSEE ACKNOWLEDGES AND <br />UNDERSTANDS THAT THIS LICENSE DOES NOT CONSTITUTE AN INTEREST IN REAL PROPERTY, <br />AND THE LICENSEE FULLY ACCEPTS THE RISKS ASSOCIATED WITH MAKING ANY <br />IMPROVEMENTS TO THE PROPERTY WHILE HAVING ONLY A REVOCABLE RIGHT TO USE THE <br />PROPERTY. This is binding on the parties and their successors and assigns, and it shall run with <br />the title to the Property. <br />12. Venue. Exclusive venue for any legal dispute under this agreement is in the state <br />court in Hays County, Texas having jurisdiction over the dispute. <br />13. This License shall be effective upon the acceptance of the terms hereof by the <br />Licensee, as indicated by the signature of Licensee. <br />The License shall be filed of record in the Official Records of the County Clerk of the Hays <br />County Courthouse. <br />APPROVED this the � Ut, day of "XfJ! 2012. <br />APPROVED: <br />LICENSEE <br />BY: <br />N. Victor Felan <br />By: <br />Judy n <br />-4- <br />rn* l icenses1501 scot! street.doc <br />7/18/2012 <br />APPROVED: <br />CITY OF SAN MARCOS, TEXAS <br />LICENSOR <br />Da Guerrero, Ma <br />ATTEST: <br />