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HomeMy WebLinkAboutRes 2022-04-1156 320 Hackberry Drive PurchaseCITY OF ANNA, TEXAS RESOLUTION NO. 6(0Jc4 .1) t*A I I&D A RESOLUTION OF THE CITY OF ANNA, TEXAS AUTHORIZING THE CITY MANAGER TO EXECUTE A PURCHASE SALE AGREEMENT AND CLOSING DOCUMENTS, IN A FORM APPROVED BY THE CITY ATTORNEY, FOR THE PURCHASE OF REAL PROPERTY LOCATED AT 320 HACBERRY DRIVE, ANNA, TEXAS 75409; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, THE City of Anna Capital Improvement Plan includes proposed improvements to Hackberry Drive from State Highway 5 to Bamborough Drive; and, WHEREAS, the City of Anna is seeking to purchase a portion of real property located at 320 Hackberry Drive for use as public right-of-way; and, WHEREAS, the property owner of 320 Hackberry Drive is seeking to sell the entirety of the property; and, WHEREAS, the City has determined it to be in the public interest for the City to purchase the entire property located at 320 Hackberry Drive; and, WHEREAS, the City Attorney shall review and approve all agreements and contracts for the purchase of 320 Hackberry Drive prior to execution by the City Manager; and, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Authorization of Agreement and Funding. That the City Council of the City of Anna hereby authorizes the City Manager to execute a purchase sale agreement and closing documents for the purchase of 320 Hackberry Drive in the amount of $39,000 plus closing costs. That funding for the purchase shall come from Roadway Impact Fees. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this day of April 2022. ATTEST: w City Secretary, Carrie Land APPROVED: ayor, Nate Pike U, f'. J , pI IPT 0I 'la Authentisign ID: 74F4630B-69A1=464F-832F-8D3298CD8689 11-08-2021 ��� PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) 001 ONE TO FOUR FAMILY RESIDENTIAL CONTRACT (RESALE) 12t rpxc NOTICE: Not For Use For Condominium Transactions �" 'M aN` aunwrtr SEA$ REAL ESTATE COHNES1011 1. PARTIES: The parties to this contract are Mary Joyce Risner Compton &Estate Of Wanda Jean Risner Burk Etal (Seller) and Specialty Land Services or Assigns (Buyer). Seller agrees to sell and convey to Buyer and Buyer agrees to buy from Seller the Property defined below. 2. PROPERTY: The land, improvements and accessories are collectively referred to as the Property (Property). A. LAND: Lot n/a Block n/a ABS A0071 HENRY BRANTLEY SURVEY, TRACT 28 Addition, City of Anna County of Collin Texas, known as 320 W Hackberry Lane 75409 (address/zip code), or as described on attached exhibit. B. IMPROVEMENTS: The house, garage and all other fixtures and improvements attached to the above -described real property, including without limitation, the following permanently installed and built-in items, if any: all equipment and appliances, valances, screens, shutters, awnings, wall-to-wall carpeting, mirrors, ceiling fans, attic fans, mail boxes, television antennas, mounts and brackets for televisions and speakers, heating and air-conditioning units, security and fire detection equipment, wiring, plumbing and lighting fixtures, chandeliers, water softener system, kitchen equipment, garage door openers, cleaning equipment, shrubbery, landscaping, outdoor cooking equipment, and all other property attached to the above described real property. C. ACCESSORIES: The following described related accessories, if any: window air conditioning units, stove, fireplace screens, curtains and rods, blinds, window shades, draperies and rods, door keys, mailbox keys, above ground pool, swimming pool equipment and maintenance accessories, artificial fireplace logs, security systems that are not fixtures, and controls for: (i) garage doors, (ii) entry gates, and (iii) other improvements and accessories. "Controls" includes Seller's transferable rights to the (i) software and applications used to access and control improvements or accessories, and (ii) hardware used solely to control improvements or accessories. D. EXCLUSIONS: The following improvements and accessories will be retained by Seller and must be removed prior to delivery of possession: E. RESERVATIONS: Any reservation for oil, gas, or other minerals, water, timber, or other interests is made in accordance with an attached addendum. 3. SALES PRICE: A. Cash portion of Sales Price payable by Buyer at closing .............................................. $ 39,000.00 B. Sum of all financing described in the attached: ❑ Third Party Financing Addendum, ❑ Loan Assumption Addendum, ❑ Seller Financing Addendum ................................. $ C. Sales Price (Sum of A and B)....................................................................................... $ 391000.00 4. LEASES: Except as disclosed in this contract, Seller is not aware of any leases affecting the Property. After the Effective Date, Seller may not, without Buyer's written consent, create a new lease, amend any existing lease, or convey any interest in the Property. (Check all applicable boxes) ❑ A. RESIDENTIAL LEASES: The Property is subject to one or more residential leases and the Addendum Regarding Residential Leases is attached to this contract. ❑ B. FIXTURE LEASES: Fixtures on the Property are subject to one or more fixture leases (for example, solar panels, propane tanks, water softener, security system) and the Addendum Regarding Fixture Leases is attached to this contract. ❑ C. NATURAL RESOURCE LEASES: "Natural Resource Lease" means an existing oil and gas, mineral, water, wind, or other natural resource lease affecting the Property to which Seller is a party. ❑(1) Seller has delivered to Buyer a copy of all the Natural Resource Leases. (2) Seller has not delivered to Buyer a copy of all the Natural Resource Leases anri Sallar eller TREC NO. 20-16 Specialty Land Services LLC, 1341 S. Preston Rd. Celina TX 75009 Phone: 9037144018 Faz: 320 Hackberry Dr Matthew Hutto Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambddge, Ontario, Canada N1T 1J5 www.lwolf.com AuthentisignID: 74F4630B-69A1-464F-832F-8D3298CD8689 Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 2 of 11 11-08-2021 (Address of Property) 5. EARNEST MONEY AND TERMINATION OPTION: A. DELIVERY OF EARNEST MONEY AND OPTION FEE: Within 3 days after the Effective Date, Buyer must deliver to TBD as escrow agent, at $ 500.00 as earnest money and $ as the Option Fee. The earnest money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment. (1) Buyer shall deliver additional earnest money of $ n/a to escrow agent within n/a days after the Effective Date of this contract. (2) If the last day to deliver the earnest money, Option Fee, or the additional earnest money falls on a Saturday, Sunday, or legal holiday, the time to deliver the earnest money, Option Fee, or the additional earnest money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the earnest money, and then to the additional earnest money. (4) Buyer authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing. B. TERMINATION OPTION: For nominal consideration, the receipt of which Seller acknowledges, and Buyer's agreement to pay the Option Fee within the time required, Seller grants Buyer the unrestricted right to terminate this contract by giving notice of termination to Seller within days after the Effective Date of this contract (Option Period). Notices under this paragraph must be given by 5:00 p.m. (local time where the Property is located) by the date specified. If Buyer gives notice of termination within the time prescribed: (i) the Option Fee will not be refunded and escrow agent shall release any Option Fee remaining with escrow agent to Seller; and (ii) any earnest money will be refunded to Buyer. C. FAILURE TO TIMELY DELIVER EARNEST MONEY: If Buyer fails to deliver the earnest money within the time required, Seller may terminate this contract or exercise Seller's remedies under Paragraph 15, or both, by providing notice to Buyer before Buyer delivers the earnest money. D. FAILURE TO TIMELY DELIVER OPTION FEE: If no dollar amount is stated as the Option Fee or if Buyer fails to deliver the Option Fee within the time required, Buyer shall not have the unrestricted right to terminate this contract under this paragraph 5. E. TIME: Time is of the essence for this paragraph and strict compliance with the time for performance is required. 6. TITLE POLICY AND SURVEY: A. TITLE POLICY: Seller shall furnish to Buyer at OX Seller's []Buyers ' expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions: (1) Restrictive covenants common to the platted subdivision in which the Property is located. (2) The standard printed exception for standby fees, taxes and assessments. (3) Liens created as part of the financing described in Paragraph 3. (4) Utility easements created by the dedication deed or plat of the subdivision in which the Property is located. (5) Reservations or exceptions otherwise permitted by this contract or as may be approved by Buyer in writing. (6) The standard printed exception as to marital rights. (7) The standard printed exception as to waters, tidelands, beaches, streams, and related matters. (8) The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overlapping improvements: BX (i) will not be amended or deleted from the title policy; or (ii) will be amended to read, "shortages in area" at the expense of ❑ Buyer[] Seller. (9) The exception or exclusion regarding minerals approved by the Texas Department of Insurance. B. COMMITMENT: Within 20 days after the Title Company receives a copy of this contract, Seller shall furnish to Buyer a commitment for title insurance (Commitment) and, at Buyer's expense, legible copies of restrictive covenants and documents evidencing exceptions in the Commitment (Exception Documents) other than the standard printed exceptions. Seller authorizes the Title Company to deliver the Commitment and Exception Documents to Buyer at Buyer's address shown in Paragraph 21, If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or 3 days before the Closing Date, whichever is earlier. If the Commitment and Exception Documents are not delivered within the time required, Buyer may terminate this contract and the earnest money will Fe refunded to Buyer. (address): :at,., Ri n"or t_"'�'J anri Rallar TREC NO, 20-16 Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com 320 Hackberry r Authentisign ID: Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 3 of 11 11-08-2021 (Address of Property) C. SURVEY: The survey must be made by a registered professional land surveyor acceptable to the Title Company and Buyer's lender(s). (Check one box only) (1) Within 7 days after the Effective Date of this contract, Seller shall furnish to Buyer and Title Company Seller's existing survey of the Property and a Residential Real Property Affidavit promulgated by the Texas Department of Insurance (T-47 Affidavit). If Seller fails to furnish the existing survey or affidavit within the time prescribed, Buyer shall obtain a new survey at Seller's expense no later than 3 days prior to Closing Date. If the existing survey or affidavit is not acceptable to Title Company or Buyer's lender(s), Buyer shall obtain a new survey at ❑X Seller's ❑ Buyer's expense no later than 3 days prior to Closing Date. ❑ (2) Within days after the Effective Date of this contract, Buyer shall obtain a new survey at Buyer's expense. Buyer is deemed to receive the survey on the date of actual receipt or the date specified in this paragraph, whichever is earlier. ❑ (3) Within days after the Effective Date of this contract, Seller, at Seller's expense shall furnish a new survey to Buyer. D. OBJECTIONS: Buyer may object in writing to defects, exceptions, or encumbrances to title: disclosed on the survey other than items 6A(1) through (7) above; disclosed in the Commitment other than items 6A(1) through (9) above; or which prohibit the following use or activity: Buyer must object the earlier of (i) the Closing Date or (ii) 5 days after Buyer receives the Commitment, Exception Documents, and the survey. Buyer's failure to object within the time allowed will constitute a waiver of Buyer's right to object; except that the requirements in Schedule C of the Commitment are not waived by Buyer. Provided Seller is not obligated to incur any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15 days after Seller receives the objections (Cure Period) and the Closing Date will be extended as necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the earnest money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate within the time required, Buyer shall be deemed to have waived the objections. If the Commitment or Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new matter revealed in the revised Commitment or Survey or new Exception Document(s) within the same time stated in this paragraph to make objections beginning when the revised Commitment, Survey, or Exception Document(s) is delivered to Buyer. E. TITLE NOTICES: (1) ABSTRACT OR TITLE POLICY: Broker advises Buyer to have an abstract of title covering the Property examined by an attorney of Buyer's selection, or Buyer should be furnished with or obtain a Title Policy. If a Title Policy is furnished, the Commitment should be promptly reviewed by an attorney of Buyer's choice due to the time limitations on Buyer's right to object. (2) MEMBERSHIP IN PROPERTY OWNERS ASSOCIATION(S): The Property []is ❑X is not subject to mandatory membership in a property owners association(s). If the Property is subject to mandatory membership in a property owners association(s), Seller notifies Buyer under §5.012, Texas Property Code, that, as a purchaser of property in the residential community identified in Paragraph 2A in which the Property is located, you are obligated to be a member of the property owners association(s). Restrictive covenants governing the use and occupancy of the Property and all dedicatory instruments governing the establishment, maintenance, or operation of this residential community have been or will be recorded in the Real Property Records of the county in which the Property is located. Copies of the restrictive covenants and dedicatory instruments may be obtained from the county clerk. You are obligated to pay assessments to the property owners association(s). The amount of the assessments is subject to change Your failure to pay the assessments could result in enforcement of the association's lien on and the foreclosure of the Property. Section 207,003, Property Code, entitles an owner to receive copies of any document that governs the establishment, maintenance, or operation of a subdivision, including, but not limited to, restrictions, bylaws, rules and regulations, and a resale certificate from a property owners' association. A resale certificate contains information including, but not limited to, statements specifying the amount and frequency of regular assessments and the style and cause number of lawsuits to which the property owners' association is a party, other than lawsuits relating to unpaid ad valorem taxes of an individual member of the association. These documents must be made available to you by the property owners' association or the association's agent on your request. If Buyer is concerned about these matters, the TREC promulgated Addendum for Property Subject to Mandatory Membership in a Property Owners Association(s) should be used. (3) STATUTORY TAX DISTRICTS: If the Property is situated in a utility or other statutorily created district prove ing water, sewer, drainage, or flood control facilities and services, Initialed for identification by Buyer and Seller TREC NO. 20-16 Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com 320 Hack6erry Dr Authenlisign ID: Contract ConcerningUs�yayuaOBy 320 W Hackberry Lane Anna Texas 75409 Page 4 of 11 11-08-2021 (Address of Property) Chapter 49, Texas Water Code, requires Seller to deliver and Buyer to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this contract. (4) TIDE WATERS: If the Property abuts the tidally influenced waters of the state, §33,135, Texas Natural Resources Code, requires a notice regarding coastal area property to be included in the contract. An addendum containing the notice promulgated by TREC or required by the parties must be used. (5) ANNEXATION: If the Property is located outside the limits of a municipality, Seller notifies Buyer under §5.011, Texas Property Code, that the Property may now or later be included in the extraterritorial jurisdiction of a municipality and may now or later be subject to annexation by the municipality. Each municipality maintains a map that depicts its boundaries and extraterritorial jurisdiction. To determine if the Property is located within a municipality's extraterritorial jurisdiction or is likely to be located within a municipality's extraterritorial jurisdiction, contact all municipalities located in the general proximity of the Property for further information. (6) PROPERTY LOCATED IN A CERTIFICATED SERVICE AREA OF A UTILITY SERVICE PROVIDER: Notice required by §13,257, Water Code: The real property, described in Paragraph 2, that you are about to purchase may be located in a certificated water or sewer service area, which is authorized by law to provide water or sewer service to the properties in the certificated area. If your property is located in a certificated area there may be special costs or charges that you will be required to pay before you can receive water or sewer service. There may be a period required to construct lines or other facilities necessary to provide water or sewer service to your property. You are advised to determine if the property is in a certificated area and contact the utility service provider to determine the cost that you will be required to pay and the period, if any, that is required to provide water or sewer service to your property. The undersigned Buyer hereby acknowledges receipt of the foregoing notice at or before the execution of a binding contract for the purchase of the real property described in Paragraph 2 or at closing of purchase of the real property. (7) PUBLIC IMPROVEMENT DISTRICTS: If the Property is in a public improvement district, Seller must give Buyer written notice as required by §5.014, Property Code. An addendum containing the required notice shall be attached to this contract. (8) TRANSFER FEES: If the Property is subject to a private transfer fee obligation, §5.205, Property Code, requires Seller to notify Buyer as follows: The private transfer fee obligation may be governed by Chapter 5, Subchapter G of the Texas Property Code. (9) PROPANE GAS SYSTEM SERVICE AREA: If the Property is located in a propane gas system service area owned by a distribution system retailer, Seller must give Buyer written notice as required by §141,010, Texas Utilities Code. An addendum containing the notice approved by TREC or required by the parties should be used. (10) NOTICE OF WATER LEVEL FLUCTUATIONS: If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment's normal operating level, Seller hereby notifies Buyer: "The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2) drought or flood conditions." 7. PROPERTY CONDITION: A. ACCESS, INSPECTIONS AND UTILITIES: Seller shall permit Buyer and Buyer's agents access to the Property at reasonable times. Buyer may have the Property inspected by inspectors selected by Buyer and licensed by TREC or otherwise permitted by law to make inspections. Any hydrostatic testing must be separately authorized by Seller in writing. Seller at Seller's expense shall immediately cause existing utilities to be turned on and shall keep the utilities on during the time this contract is in effect. B. SELLER'S DISCLOSURE NOTICE PURSUANT TO §5.008, TEXAS PROPERTY CODE (Notice): (Check one box only) (1) Buyer has received the Notice. ❑ (2) Buyer has not received the Notice. Within days after the Effective Date of this contract, Seller shall deliver the Notice to Buyer. If Buyer does not receive the Notice, Buyer may terminate this contract at any time prior to the closing and the earnest money will be refunded to Buyer. If Seller delivers the Notice, Buyer may terminate this contract for any reason within 7 days after Buyer receives the Notice or prior to the closing, whichever first occurs, and the earnest money will be refunded to Buyer. ❑X (3) The Seller is not required to furnish the notice under the Texas Property Code. C. SELLER'S DISCLOSURE OF LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS is required by Federal law for a residential dwelling constructed prior to 1978. ti., Rimor I""'""1 anri SallPr TREC NO. 20-16 " "•'�'vV 'v, • V v.. Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com 320 Hackberry Dr Authentisign ID: F4630B-69A1-464Fb32F-8D3298CD8689 Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 5 of 11 11-08-2021 (Address of Property) D. ACCEPTANCE OF PROPERTY CONDITION: "As Is" means the present condition of the Property with any and all defects and without warranty except for the warranties of title and the warranties in this contract. Buyer's agreement to accept the Property As Is under Paragraph 7D(1) or (2) does not preclude Buyer from inspecting the Property under Paragraph 7A, from negotiating repairs or treatments in a subsequent amendment, or from terminating this contract during the Option Period, if any. (Check one box only) (1) Buyer accepts the Property As Is. (2) Buyer accepts the Property As Is provided Seller, at Seller's expense, shall complete the following specific repairs and treatments: IF (Do not insert general phrases, such as "subject to inspectionsthat do not identify specific repairs and treatments.) E. LENDER REQUIRED REPAIRS AND TREATMENTS: Unless otherwise agreed in writing, neither party is obligated to pay for lender required repairs, which includes treatment for wood destroying insects. If the parties do not agree to pay for the lender required repairs or treatments, this contract will terminate and the earnest money will be refunded to Buyer. If the cost of lender required repairs and treatments exceeds 5% of the Sales Price, Buyer may terminate this contract and the earnest money will be refunded to Buyer. F. COMPLETION OF REPAIRS AND TREATMENTS: Unless otherwise agreed in writing: (i) Seller shall complete all agreed repairs and treatments prior to the Closing Date; and (ii) all required permits must be obtained, and repairs and treatments must be performed by persons who are licensed to provide such repairs or treatments or, if no license is required by law, are commercially engaged in the trade of providing such repairs or treatments. At Buyer's election, any transferable warranties received by Seller with respect to the repairs and treatments will be transferred to Buyer at Buyer's expense. If Seller fails to complete any agreed repairs and treatments prior to the Closing Date, Buyer may exercise remedies under Paragraph 15 or extend the Closing Date up to 5 days if necessary for Seller to complete the repairs and treatments. G. ENVIRONMENTAL MATTERS: Buyer is advised that the presence of wetlands, toxic substances, including asbestos and wastes or other environmental hazards, or the presence of a threatened or endangered species or its habitat may affect Buyer's intended use of the Property. If Buyer is concerned about these matters, an addendum promulgated by TREC or required by the parties should be used. H. RESIDENTIAL SERVICE CONTRACTS: Buyer may purchase a residential service contract from a residential service company. If Buyer purchases a residential service contract, Seller shall reimburse Buyer at closing for the cost of the residential service contract in an amount not exceeding $ Buyer should review any residential service contract for the scope of coverage, exclusions and limitations. The purchase of a residential service contract is optional. Similar coverage may be purchased from various companies authorized to do business in Texas. 8. BROKERS AND SALES AGENTS: A. BROKER OR SALES AGENT DISCLOSURE: Texas law requires a real estate broker or sales agent who is a party to a transaction or acting on behalf of a spouse, parent, child, business entity in which the broker or sales agent owns more than 10%, or a trust for which the broker or sales agent acts as a trustee or of which the broker or sales agent or the broker or sales agent's spouse, parent or child is a beneficiary, to notify the other party in writing before entering into a contract of sale. Disclose if applicable: Buyer is a licensed Broker B. BROKERS' FEES: All obligations of the parties for payment of brokers' fees are contained in separate written agreements. 9. CLOSING: A. The closing of the sale will be on or before March 18 2022 or within 7 days after objections made under Paragraph 6D have been cured or waived, whichever date is later (Closing Date). If either party fails to close the sale by the Closing Date, the non -defaulting party may exercise the remedies contained in Paragraph 15. B. At closing: (1) Seller shall execute and deliver a general warranty deed conveying title to the Property to Buyer and showing no additional exceptions to those permitted in Paragraph 6 and furnish tax statements or certificates showing no delinquent taxes on the Property. (2) Buyer shall pay the Sales Price in good funds acceptable to the escrow agent. (3) Seller and Buyer shall execute and deliver any notices, statements, certificates, affidavits, releases, loan documents and other documents reasonably required for the closing of the sale and the issuance of the Title Policy. (4) There will be no liens, assessments, or security interests against the Property which will not be satisfied out of the sales proceeds unless securing the payment of any loans assumed by Buyerrand�pssumed loans will not be in default. Initialed for tification by Buyer and Seller T"REC NO, 20-16 Authentisign ID: Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 6 of 11 11-08-2021 (Address of Property) 10. POSSESSION: A. BUYER'S POSSESSION: Seller shall deliver to Buyer possession of the Property in its present or required condition, ordinary wear and tear excepted: ❑X upon closing and funding []according to a temporary residential lease form promulgated by TREC or other written lease required by the parties. Any possession by Buyer prior to closing or by Seller after closing which is not authorized by a written lease will establish a tenancy at sufferance relationship between the parties. Consult your insurance agent prior to change of ownership and possession because insurance coverage may be limited or terminated. The absence of a written lease or appropriate insurance coverage may expose the parties to economic loss. B. SMART DEVICES: "Smart Device" means a device that connects to the internet to enable remote use, monitoring, and management of: (i) the Property; (ii) items identified in any Non - Realty Items Addendum; or (iii) items in a Fixture Lease assigned to Buyer. At the time Seller delivers possession of the Property to Buyer, Seller shall: (1) deliver to Buyer written information containing all access codes, usernames, passwords, and applications Buyer will need to access, operate, manage, and control the Smart Devices; and (2) terminate and remove all access and connections to the improvements and accessories from any of Seller's personal devices including but not limited to phones and computers. 11, SPECIAL PROVISIONS: (Insert only factual statements and business details applicable to the sale. TREC rules prohibit license holders from adding factual statements or business details for which a contract addendum, lease or other form has been promulgated by TREC for mandatory use.) 12. SETTLEMENT AND OTHER EXPENSES: A. The following expenses must be paid at or prior to closing: (1) Expenses payable by Seller (Seller's Expenses): (a) Releases of existing liens, including prepayment penalties and recording fees; release of Seller's loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; and other expenses payable by Seller under this contract. (b) Seller shall also pay an amount not to exceed $ to be applied in the following order: Buyer's Expenses which Buyer is prohibited from paying by FHA, VA, Texas Veterans Land Board or other governmental loan programs, and then to other Buyer's Expenses as allowed by the lender. (2) Expenses payable by Buyer (Buyer's Expenses): Appraisal fees; loan application fees; origination charges; credit reports; preparation of loan documents; interest on the notes from date of disbursement to one month prior to dates of first monthly payments; recording fees; copies of easements and restrictions; loan title policy with endorsements required by lender; loan -related inspection fees; photos; amortization schedules; one-half of escrow fee; all prepaid items, including required premiums for flood and hazard insurance, reserve deposits for insurance, ad valorem taxes and special governmental assessments; final compliance inspection; courier fee; repair inspection; underwriting fee; wire transfer fee; expenses incident to any loan; Private Mortgage Insurance Premium (PMI), VA Loan Funding Fee, or FHA Mortgage Insurance Premium (MIP) as required by the lender; and other expenses payable by Buyer under this contract. B. If any expense exceeds an amount expressly stated in this contract for such expense to be paid by a party, that party may terminate this contract unless the other party agrees to pay such excess. Buyer may not pay charges and fees expressly prohibited by FHA, VA, Texas Veterans Land Board or other governmental loan program regulations. 13, PRORATIONS: Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the Initialed for identification by Buyer and Seller TREC NO, 20-16 Produced with Lone Wolf Transactions (ApForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T IJ5 www,lwolf.com 320 Hackberry Dr Authentisign ID: Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 7 of 11 11-08-2021 (Address of Property) amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year. 14. CASUALTY LOSS: If any part of the Property is damaged or destroyed by fire or other casualty after the Effective Date of this contract, Seller shall restore the Property to its previous condition as soon as reasonably possible, but in any event by the Closing Date. If Seller fails to do so due to factors beyond Seller's control, Buyer may (a) terminate this contract and the earnest money will be refunded to Buyer (b) extend the time for performance up to 15 days and the Closing Date will be extended as necessary or (c) accept the Property in its damaged condition with an assignment of insurance proceeds, if permitted by Seller's insurance carrier, and receive credit from Seller at closing in the amount of the deductible under the insurance policy. Seller's obligations under this paragraph are independent of any other obligations of Seller under this contract. 15. DEFAULT: If Buyer fails to comply with this contract, Buyer will be in default, and Seller may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (b) terminate this contract and receive the earnest money as liquidated damages, thereby releasing both parties from this contract. If Seller fails to comply with this contract, Seller will be in default and Buyer may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (b) terminate this contract and receive the earnest money, thereby releasing both parties from this contract. 16. MEDIATION: It is the policy of the State of Texas to encourage resolution of disputes through alternative dispute resolution procedures such as mediation. Any dispute between Seller and Buyer related to this contract which is not resolved through informal discussion will be submitted to a mutually acceptable mediation service or provider. The parties to the mediation shall bear the mediation costs equally. This paragraph does not preclude a party from seeking equitable relief from a court of competent jurisdiction. 17. ATTORNEY'S FEES: A Buyer, Seller, Listing Broker, Other Broker, or escrow agent who prevails in any legal proceeding related to this contract is entitled to recover reasonable attorney's fees and all costs of such proceeding. 18. ESCROW: A. ESCROW: The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the earnest money and (iii) liable for the loss of any earnest money caused by the failure of any financial institution in which the earnest money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent's collection of good funds acceptable to escrow agent. B. EXPENSES: At closing, the earnest money must be applied first to any cash down payment, then to Buyer's Expenses and any excess refunded to Buyer. If no closing occurs, escrow agent may: (i) require a written release of liability of the escrow agent from all parties; and (ii) require payment of unpaid expenses incurred on behalf of a party. Escrow agent may deduct authorized expenses from the earnest money payable to a party. "Authorized expenses" means expenses incurred by escrow agent on behalf of the party entitled to the earnest money that were authorized by this contract or that party. C. DEMAND: Upon termination of this contract, either party or the escrow agent may send a release of earnest money to each party and the parties shall execute counterparts of the release and deliver same to the escrow agent. If either party fails to execute the release, either party may make a written demand to the escrow agent for the earnest money. If only one party makes written demand for the earnest money, escrow agent shall promptly provide a copy of the demand to the other party. If escrow agent does not receive written objection to the demand from the other party within 15 days, escrow agent may disburse the earnest money to the party making demand reduced by the amount of unpaid expenses incurred on behalf of the party receiving the earnest money and escrow agent may pay the same to the creditors. If escrow agent complies with the provisions of this paragraph, each party hereby releases escrow agent from all adverse claims related to the disbursal of the earnest money. D. DAMAGES: Any party who wrongfully fails or refuses to sign a release acceptable to the escrow agent within 7 days of receipt of the request will be liable to the other party for (i) damages; (ii) the earnest money; (iii) reasonable attorney's fees; and (iv) all costs of suit. E. NOTICES: Escrow agent's notices will be effective when sent in compliance with Paragraph 21. Notice of objection to the demand will be deemed effective upon receipt by escrow agent. 19. REPRESENTATIONS: All covenants, representations and warranties in this contract survive closing. If any representation of Seller in this contract is untrue on the Closing Date, Seller will be in default. Unless expressly prohibited by written agreement, Seller may continue to show the Property and receive, negotiate and accept back up offers. 20. FEDERAL TAX REQUIREMENTS: If Seller is a "foreign person," as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non - foreign status to Buyer that Seller is not a "foreign person," then Buyer shall withhold from the sales proceeds an amount syfficient to comply with applicable tax law and deliver the same to the ti., ❑,,,,or IWd•°1 anri Rallr?r TREC NO, 20-16 Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.co320 m ac eny r Authentisign ID: 74F4630B�9A7-464F�t3zF-nus[yacuaoay Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 8 of 11 11-08-2021 (Address of Property) Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction. 21. NOTICES: All notices from one party to the other must be in writing and are effective when mailed to, hand -delivered at, or transmitted by fax or electronic transmission as follows: To Buyer at: Buddy Mfnett To Seller at: Mary Joyice Risner Compton Phone: (972)679-9488 E-mail/Fax: buddvC�specialtvland.com Estate Of Wanda Jean Risner Burk Etal Phone: (469)525-0087 E-mail/Fax: travis Irecg com E-mail/Fax: matthew(a�speciaityland.com E-mail/Fax: 22. AGREEMENT OF PARTIES: This contract contains the entire agreement of the parties and cannot be changed except by their written agreement. Addenda which are a part of this contract are (Check all applicable boxes): ❑ Third Party Financing Addendum ❑ Seller Financing Addendum ❑ Addendum for Property Subject to Mandatory Membership in a Property Owners Association ❑ Buyer's Temporary Residential Lease ❑ Loan Assumption Addendum ❑ Addendum for Sale of Other Property by Buyer ❑ Addendum for Reservation of Oil, Gas and Other Minerals ❑ Addendum for "Back -Up" Contract ❑ Addendum for Coastal Area Property ❑ Addendum for Authorizing Hydrostatic Testing ❑ Addendum Concerning Right to Terminate Due to Lender's Appraisal ❑ Environmental Assessment, Threatened or Endangered Species and Wetlands Addendum Temporary Residential Lease ❑ Seller's ❑ Short Sale Addendum ❑ Addendum for Property Located Seaward of the Gulf Intracoastal Waterway ❑ Addendum for Seller's Disclosure of Information on Lead -based Paint and based Paint Paint Hazards as Required by Federal Law ❑ Addendum for Property in a Propane Gas System Service Area ❑ Addendum Regarding Residential Leases ❑ Addendum Regarding Fixture Leases ❑ Addendum containing Notice of Obligation to Pay Improvement District Assessment ❑ Other (list): 23. CONSULT AN ATTORNEY BEFORE SIGNING: TREC rules prohibit real estate license holders from giving legal advice. READ THIS CONTRACT CAREFULLY. Buyer's Attorney is: Phone: Fax: E-mail: Seller's Attorney is: Phone: Fax: E-mail: Initialed for identification by Buyer L�'MJ and Seller Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada NiT iJ5 wvnv (wolf com TREC NO. 20-16 320 Hackberry Dr AuthentisignID: 74F4630B-69A1-464F-832F-8D3298CD8689 Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 9 of 11 11-08-2021 (Address of Property) EXECUTED the day of (BROKER: FILL IN THE DATE OF FINAL ACCEPTANCE.) Authentisicrr 02/17/2022 ruyer"TOeclafty Landpservices or Assigns Buyer (Effective Date). Seller Mary Joyce Risner Compton 8 Estate Of Wanda Seller The form of this contract has been approved by the Texas Real Estate Commission. TREC forms are intended for use only by trained real estate license holders. No representation is made as to the legal validity or adequacy of any provision in any specific transactions. It is not intended for complex TRECtransactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, (512) 936-3000 ................,„,o. (http://www,trec,texas.gov) TREC NO, 20-16. This form replaces TREC NO. 20-15. -rn�n nin �n 4a Produced with Lone Wolf Transactions (zlpForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada NIT 1 J5 www.lwolf.com 320 Hackberry Dr Authentisign ID: 74F4630Bw69A1-464F*832F-8D3298CD8689 Contract Concerning 320 W Hackberry Lane Anna Texas 75409 Page 10 of 11 11-08-2021 (Address of Property) BROKER INFORMATION (Print name(s) only. Do not sign) Specialty Land Services LLC 9008089 Other Broker Firm License No. Listing Broker Firm License No. represents ❑X Buyer only as Buyer's agent represents ❑ Seller and Buyer as an intermediary ❑ Seller as Listing Broker's subagent ❑ Seller only as Seller's agent Matthew Hutto 735321 Associate's Name License No. Listing Associate's Name License No, Team Name Team Name matthew(?Dspecialtyland.com (903)714-4018 Associate's Email Address Phone Listing Associate's Email Address Phone Buddy Minett 522235 Licensed Supervisor of Associate License No. Licensed Supervisor of Listing Associate License No. 1341 S. Preston Rd. (972)1i79-9488 Other Broker's Address Phone Listing Broker's Office Address Phone Celina TX 75009 City State Zip City State Zip Selling Associate's Name License No. Team Name Selling Associate's Email Address Phone Licensed Supervisor of Selling Associate License No. Selling Associate's Office Address City State Zip Disclosure: Pursuant to a previous, separate agreement (such as a MLS offer of compensation or other agreement between brokers), Listing Broker has agreed to pay Other Broker a fee ). This disclosure is for informational purposes and does not change the previous agreement between brokers to pay or share a commission. Ktl, NU. LU-�Iq Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Camhridge, Ontario, Canada NiT 1J5 www.lwolf.com 320 Hackberry Dr AuthentisignID: 74F4630B•69A1-064F-832F-BD3298CD8689 Contract Concerning 320 W Hackberry Lane, Anna, Texas 75409 Page 11 of 11 11-08-2021 (Address of Property) Receipt of $_ is acknowledged. Escrow Agent OPTION FEE RECEIPT (Option Fee) in the form of EARNEST MONEY RECEIPT Receipt of $ Earnest Money in the form of is acknowledged. Escrow Agent Received by Email Address Date Date/Time Address Phone City State Zip Fax CONTRACT RECEIPT Receipt of the Contract is acknowledged. Escrow Agent Received by Email Address Date Address Phone City State Zip Fax Receipt of $_ is acknowledged. Escrow Agent ADDITIONAL EARNEST MONEY RECEIPT additional Earnest Money in the form of Received by Email Address Date/Time Address Phone City State Zip Fax Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada NiT iJ5 www.lwolf.com TREC NO. 20-16 320 Hackberry Dr Authentisign ID: ADFC841D-09DE-4A7F-8102-FOF95837C000 ASSIGNMENT OF PROPERTY CONTRACT THIS ASSIGNMENT OF PURCHASE AND SALE CONTRACT (this "Assignment") is executed by and between Specialty Land Services LLC ("Assignor"), and The City of Anna, TX("Assi ngnee(s)"). RECITALS: A. Mary Joyce Risner Compton &Estate Of Wanda Jean Risner Burk Etal as seller(s), and Assignor, as buyer, entered into that certain Contract dated February 22, 2022, (hereinafter referred to as the "Contract"), for the sale and purchase ABS A0071 HENRY BRANTLEY SURVEY, TRACT 28, Collin County, Texas, a.k.a 320 W Hackberry Lane. (as more particularly described in the Contract, the "Pro e "). The sale and purchase of the Property shall hereinafter be referred to as the "Transaction." B. Assignor desires to assign its interest under the Contract to Assignee, and Assignee desires to accept such assignment and assume Assignor's interest in the Contract as hereinafter provided. C. Assignor and/or its agents and affiliates have acted for the benefit of Assignee and have incurred certain expenses under the Contract. D. There exists no impediment to the assignment of Assignor's interest in the Contract under the terms of the Contract. NOW, THEREFORE, in consideration of the Recitals, the promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: This Assignment is made pursuant to the following terms and conditions: 1. Independent Examination of Contract. Assignee hereby acknowledges that it is thoroughly familiar with all terms and provisions of the Contract and accepts the same. 2. Reimbursement of Assignor for Certain Costs. $500.00 Earnest Money to be reimbursed at closing. 3. Performance by Assignee. Assignor hereby sells, assigns, transfers and conveys all of its right, title, and interest in and to the Contract to Assignee, its successors and assigns, and authorizes and empowers Assignee to enforce performance of all covenants and conditions contained in the Contract and to demand and receive the Deed Without Warranty covenanted to be given in the Contract in the same manner and with the same effect as Assignor could have done had this Assignment not been made. Assignee hereby assumes all of Assignor's obligations, duties and liabilities under the Contract. 4, Counterparts. This Assignment may be executed in more than one counterpart with the same effect as if all parties had executed the same document. Each counterpart will be deemed an original and the counterparts, taken together, will constitute one and the same document. This Assignment may be executed, and will be effective, with signatures transmitted by facsimile. 5. Indemnity of Assignor. Assignee hereby accepts the assignment of rights provided for herein without recourse on Assignor, and Assignee hereby agrees to indemnify, defend and hold Assignor harmless from and against any and all claims, causes of action, and expense (including, but not limited to, attorneys' fees, litigation expenses and court costs) in connection with or pursuant to the Contract or this Assignment. EXECUTED effective as of the 18th day of April 2022. ASSIGNOR: AuFftenfislcrr �lll�[� J�litC� rro:c�^2i�.45-Ph1-61s1T Specialty Land Services LLC City of Anna, TX A. Settlement Statement U.S. Department of Housing and Urban Development OMB No. 2502-0265 B. Type of Loan 1. 0 FHA 2. O FmHA 3. O Conv Unins 6. File Number 7. Loan Number 8. Mortgage ins Case Number 4. O VA S. 0 Conv Ins. 6. O Seller Finance TX21-00913DL 7. ® Cash Sale. C. Note: This fonn is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked " .o.c. " were paid outside the closin • theyare shown here for informational purposes and are not included in the totals. D. Name & Address of Borrower E. Name & Address of Seller F. Name & Address of Lender The City of Anna, TX Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. , 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas G. Property Location abs a0071 henry brantley survey tracts 28 collic county 320 W Rackberry Ln Anna, TX 75409 . Settlement Agent Name sago Title, LLC )50 Sherry Lane Suite 300 atlas, TX M-25 Tax ID: 45-5033813 aderwritten By: Old Republic Place of Settlement Tiago Title, LLC 5950 Sherry Lane, Ste 300 Dallas, TX 7=25 I. Settlement Date SM2022 Fund: S/5/2022 d. Summary of Borrower's Transaction _ IG Summary of Seiler's Transaction _ 100. Gross Amount Due from Borrower 400. Gram Amount Due to Seller 101. Contract Saks Price S39,000.00 401. Contract Sales Price 102. Personal LOoMerty 402. Personal Property 103. Settlement Charges to borrower S1,139A6 403. 104. Reimbursement for Earnest Money 5500.00 404. 105. 405. Adjustments for items paid by setter In advance Adjustments for items paid by seller In advance 106. City property taxes 406. City property taxes 107. County property taxes 407. County property taxes 108. Assessment Taxes 408. Assessment Taxes 109. School property taxes 409. School property taxes 110. MUD taxes 410. MUD taxes 1 i 1. Other taxes 411. Other taxes 112. 412. 113. 413. 114. 414. l 15. 415. 116. 416. 120. Gross Amount Due From Borrower $40 639.66 420. Gross Amount Due to Seller 200. Amounts Paid By Or in Behalf Of Borrower 500. Reductions in Amount Due to Seiler 20 L Deposit or earnest money S500.00 501. Excess Deposit 202. Principal amount of new Ioan(s) 502. Settlement Charges to Seller (line 1400) 203. Existing loan(s) taken subject to 503. Existing Loan(s) Taken Subject to 204. Loan Amount 2nd Lien 504. Payoff of Fast Mortgage Lose to 205. SOS. Payoff of Second Mon" to Loan 206. Option Fee 207. 506. Option Fee 507. 208. 209• Adjustments for Items unpaid by seller 210. City property taxes 211. County property taxes 01/01/22 thru 05/05/22 212. Assessment Taxes 213. School property taxes S41859 508. 509. Adjustments for items unpaid by seller 510. City property taxes 511. County property taxes 01/0I/22 thru 05/05M $12. Assessment Taxes 513. School property taxes 214. MUD taxes 514. MUD taxes 215. Other taxes 216. 217. 2M 515. Other taxes S 16. 517. 518. 219• 220. Total Paid /For Borrower 300. Cash At Settlement Fromfro Borrower 301. Gross Amount due from borrower (line 120) 302. Less amounts paid by/for borrower (line 220) 303. Cash From Borrower S918S9 S40,639.66 S918.59 $399721.07 519. 520. Total Reduction Amount Due Seller 600. Cash At Settlement To/From Seller 601. Gross Amount due to seller (line 420) 602. Less reductions in amt. duo seller (line 520) 603. Cash To Seller »v.+ .. v, w.v .mow, rcyuliub U10 auction -4a) oI xrarA manastes that MUU develop and prescribe this standard following: • HUD must develop a Special Information Booklet to help persons form to be used at the time of loan settlement to provide full disclosure of all charges borrowing money to finance the purchase of residential real estate to better imposed upon the borrower and seller. These are third party disclosures that ate understand the nature and costs of real estate settlement services; designed to provide the borrower with pertinent information during the seulement • Each lender must provide the booklet to all applicants from whom it receives or for process in order to be a better shopper. whom it prepares a written application to borrow money to finance the purchase of The Public Reporting Burden for this collection of information is estimated to residential real estate; a Lenders must prepare and distribute with the Booklet a average one hour per response, including the time for reviewing instructions Good Faith Estinute of the settlement costs that the borrower is likely to incur in searching existing data sources. gathering and maintaining the data needed, and connection with the settlement. 'These disclosures are mandatory. completing and reviewing the collection of information. This agency may not collect this Information, and you are not requirod to complete Ibis form, unless It displays a currently valid OMB control number. The information requested does not lend itself to confidentiality. File No. TX21-00913DL L. Settlement Charges 700. Total Sales/Broker's Commission based on price Q % = Paid From Paid From Borrower's Seller's Funds aL Funds at Settlement Settlement Division of Commission (line 700) as follows: 701. to 702. to 703. 704. Transaction fee to 800. Items Payable in Connection with Loan 801. Loan Origination Fee % to 802. Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Insurance Application to 807. Assumption Fee to 900. Items Required by Lender To Be Paid In Advance 901. Interest from 5/5/20122 to 6IM022 SO/day 902. Mortgage insurance Premium for months to 903. Hazard Insurance Premium for years to 1000. Reserves Deposited With Lender 1001. Hazard insurance months Q per month 1002. Mortgage insurance months Q 1003. City property taxes months Q per month per month 1004. County property taxes months Q S101.86 per month 1005. Assessment Taxes months Q Mmonth 1006. School property taxes months Q per month 1007. MUD taxes months @ per month 1008.Other taxes months Q 1011. Aggregate Adjustment per month 1100. Title Charges 1101. Settlement or closing fee to Tiage Title, LLC 1102. Abstract or title search to S550.00 1103. Tide examination to Tiago Title, LLC 1104. 1ide insurance binder to Tiago Title, LLC 1103. Document preparation to SCJW, PLLC 1106. Notary fees to 1107. Attorneys fees to (includes above items numbers: ) ' 1109. Title insurance to Tiago Title, LLC $421.00 ' (includes above items numbers: 1109. Lender's coverage S0.00/50.00 . 1110. Ownces, coverage S39,000.00/$484.15 ) 1 I 1 L e�ty Assessment Recoupment to State of Texas harm �00 1112. Courier/FedEx/W'uing Services to Tmgo Title, LLC 556A6 1113. &Recording to Tiago Tide, LLC S5.05 1114. Surveys Amendment (OTP only) to Tiago Title, LLC 1200. Government Recording and Transfer Charges $63.15 1201. Recording Fens Deed S42.00 : Monpgs : Rat w TWV TittS LLC 1202. City/county tax/stamps Deod : martgsge to 1203. State tWstamps Deod ;Mortgage to 1204. Tax certificates to National TaxNet 1205. Courier/Messenger Fee to Tiago Title, LLC 1300. Additional Settlement Chw%es 1301. Survey to AmeriSurveyors, LLC 1302. Tax Certificate to National TaxNet 1303. Home Warranty to 1400. Total Settlement Charges (enter on lines 103, Section J and 5024 Section 10 S42A0 S1,139.66 JL anva cauoiuuy rav1ewca une nu,1-i aemanant statement ana to me test oirmy knowledge and belief, it is a true and accurate statement of all rco ipts and disbursements made on my account or by me in this transaction. I further certify that I have received a completed copy of pages 1, 2 and 3 of this HUD-1 Settlement Statement. File No. 1-00913DL City o Tx By: NOCE ame: Title: City Manager SETTLEMENT AGENT CERTIFICATION The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused the funds to be disbursed in accordance with this statement. Settlement Agent Date Warning: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment For details see: Title 18 U.S. Code Section 1001 and Section 1010. Previous Editions are Obsolete Page 2 form HUD-1(3196) Handbook 4305.2 Survey Reviewed and Approved CRAD CRIMES Yp, NI U.1 uA in M. Uool, er K..I of IoM In U,e Inm el Anne, ievm, out o1 rlre tarry CALLED O.SB00 ACF6S TRACT i/r1' o / 9roaVey 5 ALeL �07. Vol. 9, AheL 1". and bNp oul d in. Uocl of fond (DOG. N0. 20f002260001B7fa0) Date d<,<.rbd :`7iRsr mAcr N M. a.d rran RUfwIO TRusr colarxr to ly,.w I,ule .- Wbn an0 alla, JWb AIn Vermifbn, M e.ee aatad Ibreh x7, 1979, uod ra 1-1, N VoL 3�1mr,dPagu Sr0-Sr1-582, Dead flemrde of Odin L0001Y. Trras, to rNN deed old m10M on Pkh Roadr<alrU , U h m e f of bl�l�eem bM/ wWa0r,fo W et v.. to J. uKnl�cl,o dw by deed recorded In Vol 169. Page 517, d W Daad Rewrds rK CoDn houM� Toma and edd tlyd b inq more poNpWary dse ed N the atooh,d male aad houM I� w CHAD CRIMES 3 CALLED O.I52 ACRES TRACT (DOG ND. 2010061800062f620) LEGEND SI�S]s�II]51 i ia.�e ti we'e�a.i.�.•l — I+ 1/T' ll.; 6. S xnllnl mTYI I:cn e} BOIINMQ/ IPE 1 `�Y• s 8Y20'2T E 10+.00' (F.iL) � x Iwr• cx I:nE s tmJ9'1r• E IW.91' (0¢9) : o; 1' t>'Aenmx rO1EE ( —E—E— DIFPr�F n FJEEtNL " <E 0 OLe. 1[D PEdl1 �'a F'�y^'♦'+m^ " . er•��.�v. ems' y REMAINING PORTION OF B rolt f 0.89 ACRE TRACT X® �LTrK 14tu < (DESCRIBED !N � 1[ SWPLY imii DOC NO. 20I806180007567f0) 'dJNYO O wA1ER uEfFA 12083 SQ. IT. �`?:: tY r aE enunwl O.TB ACRES 41 rrroalm Oa Pul Yre ad. `::;:: (F.M.J IYID uM.surm z a-yg eRrrrurr ONE STORY M m ... k Ru Q rraci SIDING d FRAME p My Ax CREAM ADDITION r��Ya aTMr Ise ;µ r -,e TIA JriyMeJ a r7 4 2008, PCs. fly (VOL I ldCa51:_910'Jl.$ "ae<al `Y,Wm"r o"Y'°1 n"' na: Ern deV 'al:ma <Jn m 41e.,n+eJ al a [4mle+ r'1 <e � = unyra:el re. Imes � i'a�nhu b m � GRAPHIC SCAI.S O W ? Ja'J• .Beta: of Nlwe RTu nvPP rei <nf/V s�bA e o Er u far f mrtuD 0. 20' 40' any i n u I Inch = 20 Fret yg2t tppY ^ P y N o 1, DONALD EDWARD SWIM SR , a Ra9leMN Prohnrd faro S-W in Ne S k d T... �pAL rAS-BUILT' SUR9BY `` Z \ BRDRY rcfrrr u N Tv2. ( 2rl) 1 MY DIY b T//LD TITERt 21t 19319eT Nr M1LEN d1E f • • • • • •'• • . pmr{tylp led Ne maw •r<P 4 We c,e1 cme<I eccara'ni b m a:hee ;+4 e,erq, may Ly me m WTG 11/0]r11 AG "' q•eu+1 or Vida• H 4.pn4enaee„I Ne VepNy Vew MrVn Iu1Nr <ea IAaI el• eaenvn ana - I{ :;�;�OAIYLL;; :<• , ONYN fir. trl N Sli[L ,::Y-0t'4/.-i.:i !�e-ol%M I My aCAea are Nom naePl enf NeL esep seam, Ir me ro n eOj a mle, ro .,.U4 uwdaapey N MnN<wm<nlr <rrJ aplaenl 6vepveae n eW1<Y AaPp01'm BY. «S 9 _ NOW OMCAlllrl , IW � ntie. aro ro iue4 yra'vl w:fen:.r al weme agn4-al-vcY m el lM daY _ .O.C. CUIID O V 1I AOSS 1RAEr el na aunq. r I,Mu eM1il< 1•wl Ills <vwY me<Ir m e a r.e <IeMaral I.r' f` / ®w 6 (•AI. .1pB. PES It]-111I nlmtiYeo ey IN lease Baud Rc4Nbnal 1oM 4-<N9 (frNm iN.18)..lb). \ll aM Dana<«lo.n,r: 1E,oT ,tl, 0ru PP -_. Addrrsa: 310 R. RJCYOrRRY LN OF No. ' t5 if .............. .... •::::: ::• ..wnllen el lAe lwut• 1 O R 7 :::::.. ....... frD. n. ............... ::.:.:.. :. IR. rtnl ...... SEE ADOYE . 0 4• O IN :•i::::::::'::'i:� 10 G.P •:•: :•:;�:::':•:::+: „. OOIDID CDRARD SNOI 59. wwrr N rL41M m cg9OA13 NWOR fA3 Nm AEYA<nPD W. PRCPFRIT PROfOGRAPN: •••.3A65 •••µ1•••• rlcY or 1vf2 1 ..Ff65....... NO S'U N 692 "L3" W 10+�00)' [Fu] PO. F. • I ZrMq EXHIBIT "A" METES & BOUNDS DESCRIPTION A 0.28 ACRE TRACT LYING AND BEING SITUATED IN THE TOWN OF ANNA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT NO.71, (CALLED ABSTRACT NO.67, VOLUME 9, ABSTRACT NO.559N COLLIN COUNTY, TEXAS, BEING PART OF A TRACT CONVEYED TO HUBERT RISNER AND WIFE, NORMA LEE RISNER BY DEED RECORDED IN DOCUMENT NO.201703200003514502 OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, BEING A PORTION OF A CALLED 0." ACRE TRACT DESCRIBED IN DOCUMENT NO.201806190007567102 OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMN[ENCING at a Y? iron rod with red cap found marking the southwest corner of a called 0.049 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in Vol. 2008, Pgs.117-118, Plat and Map Records of Collin County, Texas, being the southwest corner of Lot 1, said Addition; THENCE S 01036243" W, 22.18 feet to a point of reference in the northerly R.O.W. line of Hackberry Lane (A/K/A W. Hackberry Ln./Hackberry Dr., a Variable Width R.O.W.) for the southeast comer and POINT OF BEGINNING of the herein described tract; THENCE along and with said R.O.W. line, same being the south line of the herein described tract, N 89120' 23" W,104.00 feet (West, 104.00 feet, record) to a point of reference for the southwest corner of the herein described tract, the southeast corner of a called 2.892 acre tract as described in a deed to Sarah Louise Martin, Danna Gail Martin and Nelda Jean Stanley recorded in Doc. No. 20190530000609730, Official Public Records of Collin County, Texas; THENCE along the east line of said 2.892 Acre Tract, same being the west line of the herein described tract, N 01036'43" E, 116.20 feet (N 01015'00" E) to a point of reference for the northwest corner of the herein described tract, the southwest corner of a called 0.152 acre tract as described in a deed to Chad Grimes in Doc. No. 20100618000621620, Official Public Records of Collin County, Texas, from which a '/a iron rod is found bearing S 89°20'23" E, 1.20 feet for witness; THENCE along and with the south line of said 0.152 Acre Tract, same being the north line of the herein described tract, S 89°20'23" E, at 1.20 feet passing said %' iron rod, at 103.79 feet passing a %" iron rod found on-line, a total distance of 104.00 feet (S 89°30'21" E, 104.00 feet) to a point of reference for the northeast comer of the herein described tract, the southeast corner of said 0.152 Acre Tract, a point in the west line of said Lot 1, Greer Addition, from which a %" iron rod marking the northeast corner of said 0.152 Acre Tract, the southeast corner of a called 0.5600 acre tract described in a deed to Chad Grimes in Doc. No. 20100226000187140, Official Public Records of Collin County, Texas, bears N 01°36'43" E, 64.12 feet (64.00 feet) for reference; lL- -- - - - - - • _ .. _ _. _... . THENCE along and with the west line of said Lot 1, same being the east line of the ' herein described tract, S 01036"43" W, at 76. 52 feet passing a W2 iron rod found marking the northwest corner of said 0.049 Acre R.O.W. Dedication, a total distance of 116.20 feet (S 01°15'00" W) to the POINT OF BEGEWUNG and containing 0.28 acres, more or less. All set % iron rods capped with "AMERISURVEYORS" cap. Basis of Bearing: Texas North Central NAD 83. STATE OF TEXAS § COUNTY OF COLLIN § December 8, 2021 It is hereby certified that the above description was prepared from an actual survey on the ground of the described tract made under my supervision. CF T ,��;.-•Gean*%-& AS SIL Donald Edward Smith, Sr. E WAR"00" S'� s - Registered Professional Land Surveyor �' ;°� 2 -:' Registration No. 2465 5S1,..••;�o 'l'D 'S li/Ry�. 2 T-47 Residential Real Property Affidavit (May be Modified as Appropriate for Commercial Transactions) Date: 6 f 51'7,027- GF No. TX21-00913DL Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304- Name of A,ff'iant(s): 2020, in the 366th Judicial District Court of Collin County, Texas Address of Aunt: Description of Property: abs a0071 henry brantIg surve tracts 28 Collin COUDYL County Collin , Texas "Title Company" as used herein is the Title Insurance Company whose policy of title insurance is issued in reliance upon the statements contained herein. Before me, the undersigned notary for the State of Texas, personally appeared Affiant(s) who after by me being sworn, stated: 1. We are the owners of the Property. (Or state other basis for knowledge by A ffiant(s) of the Property, such as lease, management, neighbor, etc. For example, "Affiant is the manager of the Property for the record title owners.") 2. We are familiar with the property and the improvements located on the Property. 3. We are closing a transaction requiring title insurance and the proposed insured owner or lender has requested area and boundary coverage in the title insurance policy(ies) to be issued in this transaction. We understand that the Title Company may make exceptions to the coverage of the title insurance as Title Company may deem appropriate. We understand that the owner of the property; —&e d reri transaction is a sale, may request a sunilar a:aaendnaent to the area and boundary eovera a ' n the Owner's ,Policy of Title Insurance upon payment of the promulgated premium. � 4. To the best of ou; awtW knowledge and belief, since 11-j ° 1(202-4 there have be4h fro: a. construction projects such as new structures, additional buildings, rooms, garages, swimming pools or other permanent improvements or fixtures; b. changes in the location of boundary fences or boundary walls; c. construction projects on immediately adjovning property{ies} which encroach on the Property; d. conveyances, replattings, easement grants and/or easement dedications (such as a utility line) by any party affecting the Property. EXCEPT for the following (If None, Insert "None" Below:) None 5. We understand that Title Company is relying on the truthfulness of the statements made in this affidavit to provide the area and boundary coverage and upon the evidence of the existing real property survey of the Property. This Affidavit is not made for the benefit of any FORM T-47: Residential Real Property Affidavit other parties and this Affidavit does not constitute a warranty or guarantee of the location of improvements. 6. We understand that we have no liability to Title Company that will issue the policy(ies) should the information in this Affidavit be incorrect other than information that we personally know to be incorrect and which we do not disclose to the Title Company. Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. SWORN AND SUBSCRIBED this r? day of `� 20 C� i - +' 1 Notary Public sy, KAREN L AVERYAGREED AND APPROVE Notary ID N132840568 MY Commission Expires December 24, 2024 City of na, TX By: Title: City Manager FORM T47: Residential Real Property Affidavit Order No. TX21-009130L TAX PRORATION AGREEMENT AND DISCLOSURES Date: May 41 2022 Buyer. The City of Anna, TX Seller: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas Property: A 0.28 ACRE TRACT LYING AND BEING SITUATED IN THE TOWN OF ANNA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT NO. 71, (CALLED ABSTRACT NO.67, VOLUME 9, ABSTRACT NO.559), COLLIN COUNTY, TEXAS, BEING PART OF A TRACT CONVEYED TO HUBERT RISNER AND WIFE, NORMA LEE RISNER BY DEED RECORDED IN DOCUMENT NO.20170320000351450, OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, BEING A PORTION OF A CALLED 0.99 ACRE TRACT DESCRIBED IN DOCUMENT NO.20180619000756710, OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING at a'/" iron rod with red cap found marking the southwest comer of a called 0.049 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in Vol. 2008, Pgs. 117-118, Plat and Map Records of Collin County, Texas, being the southwest corner of Lot 1, said Addition; THENCE S 01 °36'43" W, 22.18 feet to a point of reference in the northerly R.O.W. line of Hackberry Lane (A/K/A W. Hackberry LnJHackberry Dr., a Variable Width R.O.W.) for the southeast comer and POINT OF BEGINNING of the herein described tract; THENCE along and with said R.O.W. line, same being the south line of the herein described tract, N 89120'23" W, 104.00 feet (West, 104.00 feet, record) to a point of reference for the southwest comer of the herein described tract, the southeast corner of a called 2.892 acre tract as described in a deed to Sarah Louise Martin, Danna Gail Martin and Nelda Jean Stanley recorded in Doc. No. 20190530000609730, Official Public Records of Collin County, Texas; THENCE along the east line of said 2.892 Acre Tract, same being the west line of the herein described tract, N 010W'43" E, 116.20 feet (N 01015'00" E) to a point of reference for the northwest corner of the herein described tract, the southwest comer of a called 0.152 acre tract as described in a deed to Chad Grimes in Doc. No. 20100818000621620, Official Public Records of Collin County, Texas, from which a Y2 iron rod is found bearing S 89°20'23" E, 1.20 feet for witness; THENCE along and with the south line of said 0.152 Acre Tract, same being the north line of the herein described tract, S 89020'23" E, at 1.20 feet passing said W iron rod, at 103.79 feet passing a %" iron rod found on-line, a total distance of 104.00 feet (S 891030'21" E, 104.00 feet) to a point of reference for the northeast comer of the herein described tract, the southeast comer of said 0.162 Acre Tract, a point in the west line of said Lot 1, Greer Addition, firom which a %" iron rod marking the northeast corner of said 0.152 Acre Tract, the Tax Proration Agreement & Disdosures Page 1 of 4 Order No: Tx21-00913DL southeast comer of a called 0.5600 acre tract described In a deed to Chad Grimes in Doc. No. 20100226000187140, Official Public Records of Collin County, Texas, bears N 01 °36'43" E, 64.12 feet (64.00 feet) for reference; THENCE along and with the west line of said Lot 1, same being the east line of the herein described tract, S 01036'43" W, at 76. 62 feet passing a'/2A iron rod found marking the northwest comer of said 0.049 Acre R.O.W. Dedication, a total distance of 116.20 feet (S 01°15'00" W) to the POINT OF BEGINNING and containing 0.28 acres, more or less. NOTE; The company is prohibited from insuring the area or the quantity of the land described herein. Any statement In the above legal description of the area or quantity of land is not a representation that such area or quantity is accurate.. and is made only for informational and/or idenfricadon purposes, and does not override Item 2 of Schedule B hereof: Seller has sold the Property to Buyer and as part of the settlement of this transaction, 1. Ad valorem real property taxes for the current yearZ have ❑ have not been prorated between the parties. ?. Personal property taxes, if any, as to any inventory, mobile home or other personal property situated on the Property have R have not been prorated between the parties. 3. Disclosures: Proration of taxes, if any, is based on tax information from the prior year, the current year's tax status not yet being available. ® Taxes on the Property for the prior year did not include the value of any NEW CONSTRUCTION. Proration of taxes for the current year is based on information provided by the appraisal district that the property will be taxed as [] Unimproved ❑ Partially improved 1j Fully improved ❑ Taxes on the property are currently based on an OVER 65 exemption which will not be allowed for the remainder of the current year. Proration of taxes is based on the exemption through settlement, but should not be used to estimate taxes for the full current year, nor for subsequent years. ❑ Taxes on the property are currently based on an AGRICULTURAL, OPEN SPACE OR FOREST LAND valuation and may be subject to ROLLBACK, with additional taxes becoming due for the current and/or prior years. ❑ Taxes on the Property are currently based on a description that appears to contain more land area than the Property, as conveyed,. appears to contain. This could result in the imposition of a SUPPLEMENTAL TAX BILL for the current and/or prior years. ❑ Some or all of the Property is not currently being taxed as an independent tax tract or tracts. It is unlikely that the taxing autho(rty(les) will recognize the Property independently for the current year's taxes and, therefore, NEITHER BUYER NOR SELLER MAY INDEPENDENTLY PAY TAXES FOR THE CURRENT YEAR ON THEIR INDIVIDUAL PORTIONS OF LAND. 4. Tiago Title, LLC (Settlement Agent) can neither guarantee the accuracy of the tax information provided to it by third parties, nor of any good -faith estimates upon which tax prorations may have been made. 5. The amount of escrow collected at closing for future payment of taxes (Tax Escrow) is determined by Lender, not by Settlement Agent 6. Settlement Agent assumes no responsibility for notifying taxing entities of this transaction, nor for assisting Buyer with application for any exemptions or special valuations. 7. Personal property. Neither title to nor taxes on items of personal property are covered by title insurance. Tax Proration Agreement & Disclosures Page 2 of 4 Order No: TX21-00913DL S. F_scmwed Funds: All funds received in this transaction shall be deposited with other funds in one or more non -interest bearing escrow accounts of Escrow Agent in a state or national bank selected by Escrow Agent Escrow Agent shall have no obligation to account to the parties to this transaction in any manner for the value of, or pay to such party any benefit received by Escrow Agent, directly or indirectly, by reason of the deposit of any such funds or the maintenance of such accounts with such bank. Those benefits may include, without limitation, credits allowed by such bank on loans to Escrow Agent's parent company and on accounting, reporting and other services. Ali parties depositing funds in connection with this escrow are hereby notified that the funds so deposited are insured only to the limit provided by the Federal Deposit Insurance Corporation. Agreement ❑ Buyer and Seller agree and hereby instruct Settlement Agent to use the following estimated amount(s) for proration of taxes for the current year: [] Seller and Buyer agree and hereby instruct Settlement Agent to perform NO PRORATION of taxes for the current year — AND — ❑ SELLER AND BUYER AGREE TO COOPERATE to pay the taxes for the current year on the • Property at such time as the tax bills are issued and before they become delinquent, each paying their prorated portion, Settlement Agent having no liability therefor. ❑ Seller and Buyer agree that SELLER WILL BE FULLY RESPONSIBLE for payment of taxes for the current year on the Property at such time as the tax bills are issued and before they become delinquent, Settlement Agent having no liability therefor. ® Seller and Buyer agree that BUYER WILL BE FULLY RESPONSIBLE for payment of taxes for the current year on the Property at such time as the tax bills are issued and before they become delinquent; Settlement Agent having no liability therefor. 9. In the event actual taxes for current year are determined to be more or less than the figures used by Settlement Agent for estimates or prorations or by lender for Tax Escrow, Seller and Buyer agree to adjust any differences between and among themselves and/or Lender, and to hold Settlement Agent harmless from any liability therefor. 10. Should a bill for Supplemental Tax(es) for prior years be issued on the Property, Seller agrees to immediately pay such taxes and to indemnify and hold harmless Settlement Agent, Old Republic National Title Insurance Company (Underwriter), and its Agent. 11. Buyer and Seller agree to indemnify and hold harmless Settlement Agent, Old Republic National Title Insurance Company (Underwriter), and its Agent with regard to any Rollback Tax(es) for prior years. Tax Proration Agreement & Disclosures Page 3 of 4 Order No: TX21-00913DL City of Anna, TX Travis Cross, as Receiver forthe property described below, by virtue of Order, Name: OCI( dated �j September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial Title: City Manager Dist ict Court of Collin County, Texas, Tax Proration Agreement & Disclosures Page 4 of 4 WAIVER OF INSPECTION May 5, 2022 Tiago Title, LLC 5950 Sherry Lane Surte_ 300 Dallas, TX 75225 RE: Owner's Title Policy of Insurance Your GF# TX21-00913DL Gentlemen: We agree that the Owner's Title Policy you are to issue covering A 0.28 ACRE TRACT LYING AND BEING SITUATED IN' TOWN OF ANNA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT NO.71, (CALLED ABSTRACT NO.67, VOLUME 92 ABSTRACT NO.559), COLLIN COUNTY, TEXAS, BEING PART OF A TRACT CONVEYED TO HUBERT RISNER AND WIFE, NORMA LEE RISNER BY DEED RECORDED IN DOCUMENT NO.20170320000351450, OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, BEING A PORTION OF A CALLED 0.99 ACRE TRACT DESCRIBED IN DOCUMENT NO. 201806190007567107 OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING at a W iron rod with red cap found marking the southwest corner of a called 0.049 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in Vol. 2008, Pgs.117-118, Plat and Map Records of Collin County, Texas, being the southwest corner of Lot 1, said Addition; THENCE S 01%243" W, 27.18 feet to a point of reference in the northerly R.O.W. line of Hackberry Lane (A/K/A W. Hackberry LnJHackberry Dr., a Variable Width R.O.W.) for the southeast corner and POINT OF BEGINNING of the herein described tract; THENCE along and with said R.O.W. line, same being the south line of the herein described tract, N 89020223" W,104.00 feet (West,104.00 feet, record) to a point of reference for the southwest corner of the herein described tract, the southeast corner of a called 2.892 acre tract as described in a deed to Sarah Louise Martin, Danna Gail Martin and Nelda Jean Stanley recorded in Doc. No. 20190530000609730, Official Public Records of Collin County, Texas; THENCE along the east line of said 2.892 Acre Tract, same being the west line of the herein described tract, N 01036243" El 116.20 feet (N 01015'00" E) to a point of reference for the northwest corner of the herein described tract, the southwest corner of a called 0.152 acre tract as described in a deed to Chad Grimes in Doc. No. 20100618000621620, Official Public Records of Collin County, Texas, from which a'A" iron rod is found bearing S 89n0123" E,1.20 feet for witness; THENCE along and with the south line of said 0.152 Acre Tract, same being the north line of the herein described tract, S 89020723" E, at 1.20 feet passing said'/" iron rod, at 103.79 feet passing a h" iron rod found on-line, a total distance of 104.00 feet (S 89030'21" E7104.00 feet) to a point of reference for the northeast corner of the herein described tract, the southeast corner of said 0.152 Acre Tract, a point in the west line of said Lot 1, Greer Addition, from which a'/:" iron rod marking the northeast corner of said 0.152 Acre Tract, the southeast corner of a called 0.5600 acre tract described in a deed to Chad Grimes in Doc. No. 20100226000187140, Official Public Records of Collin County, Texas, bears N 01.36143" E, 64.12 feet (64.00 feet) for reference; THENCE along and with the west line of said Lot 1, same being the east line of the herein described tract, S 01036743" W, at 76.52 feet passing a %" iron rod found marking the northwest corner of said 0.049 Acre R.O.W. Dedication, a total distance of 116.20 feet (S 01*15200" W) to the POINT OF BEGINNING and containing 0.28 acres, more or less. NOM The company is prohibited from insuring the area or the quantity of the land described herein. Any statement in the above legal description ofthe area or quanti, ? of land is not a representation that such area or quantity is accurate, and is trade only for informational andlor idend rcation purposes, and does not override Item 2 of Scheduk B hereof. will be on the usual Texas form which contains the following printed exceptions: I. Restrictive covenants affecting the land described or referred to above. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments, or any overlapping of improvements. 3. Standby fees and taxes for the year 2022, and subsequent years, and subsequent assessments for prior years due to change in land usage or ownership, and that the policy to be issued on this particular transaction will contain the following special exceptions: 4. Lien or liens created or assumed in conjunction with this transaction, if any. S. Rights of parties in possession. Since Tiago Title, LLC examines only the record title and does not actually see the property, we hereby waive inspection by Tiago Title, LLC of this property and accept our policy subject to the rights of parties in possession. We agree that it is our responsibility to inspect said premises and to obtain possession of it from the present occupants, if any. We acknowledge we are not relying upon any representation, statement or other assertion about the property condition or parties in possession, but are relying upon our inspection of the property. We take the property under the express understanding than the title insurance agent and title insurance company have made no express or implied warranties. We understand the title insurance agent and title insurance company have determined the insurability of title solely for their own benefit Very truly yours, City ok nna, TX Title: City Manager Order No. TX21-009130L SCJW, PLLC 5345 Towne Square Drive, Suite 28o Plano, Texas 75o24 972-473•0330 ,ATTORNEY REPRESENTATION ANb_ FEE LETTER Date: May 4, 2o22 Seller: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-o2304-2020, in the 366th Judicial District Court of Collin County, 'texas Buyer: The City of Anna, TX Lender (if applicable): N/A. Settlement Agent: Tiago Title, LLC Property Address: 32o W Hackberry Ln, Anna, TX 754og Legal instruments and possibly other instruments and documents involved in the transaction covering the above -referenced Property were prepared and/or reviewed: by the law firm SCJW, PLLC at the request of Tiago Title and/or Lender. The undersigned acknowledge that SCJW, PLLC has acted only as counsel to Tiago Title and/or Lender and has not in any manner undertaken to assist or render legal advice to the undersigned, or either of them, with respect to the loan or the purchase/sale of the Property or with respect to any of the documents or instruments being executed in connection therewith. The undersigned further acknowledge that the undersigned are aware of the undersigned's freedom to retain the undersigned's own legal counsel to advise the undersigned regarding the loan or the purchase or sale of the Property, or to review and render advice concerning any of the documents or instruments being executed in connection therewith. If Buyer is responsible for paying the fees incurred to SCJW, PLLC, Buyer acknowledges Buyer's obligation to pay the legal fees that are incurred in connection with the preparation and review of legal instruments and documentation by making, at the closing, a payment in the amount set forth on the closing statement or settlement statement furnished by Tiago Title, directly to SCJW, PLLC If a Deed has been prepared by SCJW, PLLC, Seller acknowledges that all instruments have been prepared by SCJW, PLLC based on information provided to SCJW, PLLC by Tiago Title either directly or through the Lender, that SCJW, PLLC has not undertaken, in any manner, to assist or render legal advice to Seller with respect to this transaction, and that SCJW, PLLC makes no representation to the Seller that it has undertaken any independent effort to verify the information provided to it and utilized for the preparation of the warranty deed or other instruments. Seller agrees to pay directly to SCJW, PLLC the amount set forth on the closing statement or settlement statement Attorney Representation Letter Page 1 of 2 Order No. 7X21.00913DL SCjW9 PLLC 5345 Towne Square Drive, Suite 28o Plano, Texas 75024 972.473-0330 furnished by Tiago Title. The fees paid by the Buyer and Seller to SCJw, PLLC are intended to provide fair compensation for document preparation, taking into consideration the time and labor required, the complexities of the questions involved and the skid required to perform such services. Each Buyer and Seller hereby acknowledges receiving and reading a copy of this statement, and by his/her signature affirms his/her acknowledgment of the information contained above and his/her agreement with its terms. BU Seller City f na, TX Travis Cross, as Receiver for the property tj j P/Loc described below, by virtue of Order, dated Name:September 7, 2021, entered under Cause No. 36"2304-2020, in the 366th Judicial District Title: City Manager Court of Collin County, Texas. Attorney Representation Letter Page 2 of 2 IT T Order No. TX21-00913DL AFFILIATED BUSINESS DISCLOSURE STATEMENT Date: May 4, 2022 To: Buyer/Borrower: The City of Anna, TX Seiler: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304- 2020, in the 366th Judicial District Court of Collin County, Texas From: Tiago Title, LLC Property: ' 320 W Hackberry Ln, Anna, TX 75409 This Is to give you notice that Tiago Title, LLC (hereinafter Settlement Agent), has a business relationship with SCJW, PLLC thereinafter Document Preparation provider). Document Preparation Provider may prepare legal documents for your transaction, unless otherwise requested by you or your lender. Settlement Agent has no ownership interest in Document Preparation Provider. Because of this relationship, this referral may provide Settlement Agent a financial or other benefit. All fees charged for preparation of legal documents are set and controlled by Document Preparation Provider, you may request an estimate from said firm. These fees or charges will be paid directly to Document Preparation Provider from the escrow related to your transaction. You are NOT required to use the listed provider as a condition for Settlement Agent's handling of your transaction on the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES. ACKNOWLEDGMENT iA4ve have read this disclosure form, and understand that Settlement Agent is referring me/us to purchase the above -described settlement service(s) and may receive a financial or other benefit as the result of this referral. Buyer Seller City o a, TX eL Travis Cross, as Receiver for the property described below, by virtue of Order, dated Name. , September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. Title: City Manager Affix W Business Disclosure - Doc Prep Page 1 of 2 ACKNOWLEDGMENT OF EXCEPTIONS. EXCLUSIONS AND LM iIOiVS. WITH RELEASE GF#: TX21-04913DL DATE: May 05, 2022 BUYER: The City of Anna, TX PROPERTY: 320 W Hackberry Ln Anna, TX 75409 TITLE COMPANY: Tiago Title, LLC Each Buyer understands, acknowledges and agrees as follows: 1. 1 have been furnished with and approved each of the following items before closing (cross out and initial any items that were NQT furnished): a. Commitment for Title Insurance, a copy of which may be attached hereto as Exhi i "A" ("the Commitment"), b. Survey of the Property c. All documents shown as exceptions on Schedule "B" of the Commitment, and d. Tax Certificate provided to Title Company. 2. In addition to the exceptions shown in the Commitment and Survey, the owner policy of title insurance to be issued to me (the "_Owner Policy") will also be subject to the exclusions, terms and conditions contained in the standard policy form required by the Texas Department of Insurance. The Owner Policy, is not , - inion or re ort of titleito thie-Property, and does not cover the refusal of any n rson t ,bum or lend money on-theProperty bmuse-of-therk ili i I ' 3. The Owner Policy may contain a general exception as to the rights of parties in possession. Buyer is satisfied to accept the Owner Policy subject to such general exception. Title Company has not inspected the Property, and Buyer waives inspection of the Property. It is not the Title Company's responsibility to obtain possession of the Property from any present occupants, or to bring or prosecute any eviction or other suit to obtain possession. 4. The Property also may be subject to laws, regulations, ordinances and codes of municipal, county, or other governmental authorities, including zoning laws, subdivision ordinances and billing codes. The Owner Policy will exclude from coverage, and Title Company will not be liable or responsible for, loss caused by the exercise of governmental police power or the enforcement or violation of any law or government regulation, including building and zoning ordinances and laws and regulations concerning land use, improvements on the land, land division or environmental protection (except this exclusion does not apply to notices of violations or notice of enforcement that appear in the public records at the policy date unless expected to in Schedule B of the Owner Policy), I r li my abift to -build iml2rovemgnts on the Prope y or restrictf the S. Title Company and its representatives have not made any agreement, representation, warranty, or other statement with respect to the physical condition of the Property or the physical condition of the access to the Property, and I am relying upon my own examination of the Property or the physical condition of the access to the Property. Acknowledgment of Exceptions, Exclusions and Page 1 of4 Limitations, with Release 6. Title Company is not liable for any future assessments for prior years' taxes due to change in land use or ownership. The underwriter may have responsibility for such matters only if and to the extent covered in the Owner Policy. 7. Buyer has reviewed and appmves the exceptions in the Commitment concerning an il. r i n deeds n Buyer has reviewed and approves the form of the Deed for this transaction, Including the name(s) of the grantee and any exceptions or reservations for any interest or lease in oil, gas or other minerals. Title Company and the document preparation attorneys shall not have any liability whatsoever if Buyer, does not obtain ownership of any or all of the oil, gas, or other minerals in, under or that may be produced from the Property or any rights appurtenant to said mineral interests. Buyer's sole recourse with respect thereto being the coverage (if any) provided under the Owner Policy. S. Title Company, its representative and its underwriter(s) have not made any express or Implied representations or warranties, and has/have researched title and determined insurability of title solely for their own benefit. There argo_ verbal or imolied agreem nts. representations or warranties by Title Company. its representatives or its he -undeny6ter i i ' undernciade the Owner Poligy andu' d' h te a. It is not Title Company's responsibility to obtain or furnish any documents, to perform any act or to pay any money except (a) to issue the Owner Policy in accordance with my Commitment, (b) to comply with any written instructions that I may deliver to Title Company prior to and as a condition to closing the transaction, or (c) to comply with the final settlement statement or any written agreement executed by Title Company for my benefit. 9. No promise or representation has been made by Title Company or its representatives that this transaction has closed or will close, or that the seller or any other party has performed or will perform their closing obligations. Jitle QQMpany is ndth Contract-underwhich in h Pr liabLlity for the oerformance or nonperformance of f -any party to the Contract. The Company's determination that all consideration has been passed at closing is limited to delivery of the deed, issuance of the Owner Policy, disbursement of funds pursuant to the settlement statement, compliance with specific written closing instructions I may deliver to Title Company prior to and as a condition to closings, and performance of Title Company's specific obligations agreed to in writing by Title Company. Title Company is not otherwise responsible for interpreting or verifying performance of the parties' obligations under their Contract. Title Company has no duty or obligation to arrange issuance or transfer of any warranty, residential service contract, or other service contract. 10. if any funds are due by Buyer in the closing transaction, as shown on the settlement statements signed at closing or otherwise, Buyer agrees to pay such funds to Title Company at closing or upon demand if omitted from the settlement statements. Buyer further agrees to indemnify and hold harmless Title Company against any liability or claim by Seller of the property arising from any breach of contract by Buyer. 11. Title Company, its representatives and its underwriter(s) do not give any insurance coverage, representation or warranty to me as to compliance of the Property or its use with any restrictive covenants or as to the state of any owners' or condominium association assessments. Title Company is not responsible for obtaining information as to the amount or status of assessments, anticipated special assessments or adequacy of reserves from any owners' or condominium association, for obtaining or furnishing a resale certificate from any such association, or for verifying the accuracy of sufficiency of any such information or certificate. 12. Neither Title Company nor any of its representatives has given me any legal advice or acted as my lawyer. Title Company's representatives may have presented documents to me for signature, but did not interpret or make any representations as to the meaning or effect of the documents, including any surveys, easements or other encumbrances, any tax consequences with respect to the documents or the transaction, or any laws involving interest rates, truth in lending or other credit laws, and I am not relying on anything they. may have said concerning the documents or said matters. I have had the opportunity to obtain my own legal counsel before signing any documents, and to review all documents to verify that the documents accurately reflect the agreed terms of the transaction. ' 13. Any surveys, wood destroying insect reports and other property condition/inspection reports prepared or provided in this transaction were made by third party independent contracts retained by the parties. The third party independent contractors retained by the parties. The third party independent contractors are not Title Company's representatives, employees, or contractors. Title Company and its representatives have not made any statements or representations concerning any such items, and have no responsibility with respect to the sufficiency, completeness or accuracy of such items. Title Company makes no representations or warranty, is not responsible for and has no liability in connection with selection, qualifications or competency of any inspector or surveyor. 14. Title Company does not give or make insurance coverage, representation, warranty, determination or certification that any builder, home, improvements, work or property is subject to, in compliance with, or has been or needs to be registered under, the Texas Residential Construction Commission Act, Title 16 of the Texas Property Code. Without limiting the foregoing, Title Company has no obligation to register any builder or home with the Texas Residential Construction Commission. 15. As used in this document, Title Company's representatives include Title Company's agents, officers, directors, employees, closers and attorneys (including fee attorneys and approved attorneys), and any employees of any fee attorneys or approved attorneys. 16.1 HEREBY RELEASE TITLE COMPANY, ITS REPRESENTATIVES AND ITS UNDERWRITERS FROM ANY LIABILITY OR CLAIM WITH RESPECT TO ANY AND ALL OF THE ABOVE MATTERS THAT WILL NOT BE COVERED BY MY OWNER POLICY OF TITLE INSURANCE. IF I MAKE ANY CLAIM AGAINST TITLE COMPANY, ITS REPRESENTATIVES OR ITES UNDERWRITERS FOR WHICH THEY DO NOT HAVE RESPONSIBILITY OR HAVE BEEN RELEASED AS PROVIDED ABOVE, THEN I AGREE TO PAY THEIR OCSTS AND ATTORNEYS' FEES INCURRED IN DEFENDING AGAINST SUCH CLAIM. STATE OF TEXAS COUNTY OF Collin �) /) SWORN TO AND SUBSCRIBED before me on this the 5th d✓a��fYff 0z2, ,,, 4, !¢-`1DG� J NOTARY PUBLI(Ottattel of Texas (1J1 Printed Name�I..� �. My Commission Expires � 2n 2 i�Fr ohs KAREN L AVERY �7 _ Notary ID #132840568 My Commission Expires '1 aF December 24, 2024 TITLE COMPANY DISCLOSURES Guaranty File No. TX21-00913DL Seiler (whether one or more): Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas Buyer (whether one or more): The City of Anna, TX Lender. Property: 320 W Hackberry Ln By initialing some or all of the following items as may be appropriate for this transaction, each SELLER and/or BUYER acknowledges their understanding of the disclosures being made by Tiago Title (hereinafter the "TITLE COMPANY'). Each disclosure is being made to BUYER and SELLER on behalf of both TITLE COMPANY and its title insurance underwriter. The following items also contain statements by SELLER and BUYER. By their initials on this form, SELLER and BUYER affirm that TITLE COMPANY may rely on the disclosures and statements made herein. Title Company Disclosure Bt 1) WAIVER OF INSPECTION. In consideration of the issuance I by TITLE COMPANY to BUYER of either an Owner's Policy of Title Insurance (T-1) or a Residential Policy of Title Insurance (T-1 R) — (in this document either such policy, unless specifically referred to otherwise, Is referred to as the ("Owner's Title Policy") insuring good and indefeasible title to the Property, except as to be shown in Schedule B of the Owner's_ Title Policy and subject to the terms -and -boftditl'oft of"such ` Owner Title Policy, BUYER hereby waives any obligation -on the part of TITLE COMPANY to inspect the Property. BUYER agrees to =cept anOwner Title 'PoIW'containing the Schedule B exception for "RIGHTS OF PARTIES IN POSSESSION". "Rights of Parties in Possession" shall mean one or more persons or entities who are themselves actually physically occupying the property or any portion thereof under a claim or right, adverse to the insured owner of the Property as shown on Schedule A of the Owner's Title Policy. Within the meaning of this exception, possession" Includes open acts or visible evidence of occupancy and any visible and apparent roadway or easement on or across all or any part of the Property, but this exception does not extend to any right, claim or interest evidenced by a document recorded in the real estate records maintained by the County Clerk of the county in which the property is located. . However, if the BUYER does not initial this paragraph, the BUYER is indicating the BUYER'S refusal to accept an Owner's Title Policy containing an exception as to "RIGHTS OF PARTIES IN POSSESSION". The TITLE COMPANY may then require an inspection of the Property and additional charges may be assessed for reasonable and actual costs of such an Inspection. TITLE COMPANY may make additional exceptions in Schedule B of the Owner's Title Policy for matters as revealed by such inspection. Buy e 2) RECEIPT OF COMMITMENT. BUYER hereby acknowledges In I having received and reviewed a copy of the Commitment for Title Insurance issued in connection with the above referenced transaction and any copies of the documents described therein requested by BUYER. BUYER understands that the Owners Title Policy will contain the exceptions set forth in Schedule B of the Commitment for Title Insurance, together with any additional exceptions to title resulting from the final down date search of the public records and from the documents involved in this transaction and any additional exceptions for items shown in Schedule C of the Commitment for Title Insurance which have not been resolved. uye s 3) UNSURVEYED PROPERTY. BUYER understands that no up- s to -date survey of the Property has been done in connection with this transaction and that the Owner Title Policy to be issued to BUYER will not provide title insurance coverage against encroachments and/or protrusions of improvements, boundary conflicts or matters that would be found by a current survey. TITLE COMPANY has not attempted to determine if the Property lies in a special flood hazard area, and TITLE COMPANY has not made any representation concerning the proximity of the Property in relation to any flood plain or flood hazard area. BUYER is advised that information concerning Page 1 of 5 VIs Seller's Buye Initials In' special flood hazard areas may be available from county or municipal offices, a qualified surveyor or land -engineering company, or a private flood -plain coordinator. 4a) ACCEPTANCE OF SURVEY. BUYER has received and reviewed a copy of the survey of the Property made in connection with this transaction and acknowledges being aware of matters of encroachment, protrusion, conflict, or discrepancy, if any, disclosed by the survey. BUYER acknowledges that TITLE COMPANY has no liability in connection with the ordering or preparation of the survey, that TITLE COMPANY has no confirmed or interpreted any matter shown on the survey, and that any survey -related questions BUYER may have must be addressed to the surveyor or BUYER'S attorney, not to TITLE COMPANY. 4b) BOUNDARY COVERAGE. As proposed to be issued, BUYER'S Owner's Title Policy will contain a general exception to any discrepancies or conflicts in area or boundary lines, and any encroachments, protrusions, or overlapping improvements. On payment of an additional 5% (T-1 R) or 15% (T 1) of the Owner's Policy premium, policy coverage against these matters is available, subject to TITLE COMPANY'S approval of a current survey of the Property and. without limiting specific exceptions to matters disclosed by the survey. BUYER INITIALING THE DESIRED LINE IMMEDIATELY BELOW, BUYER -BORROWER DOES SET FORTH TO TITLE COMPANY HIS/HER DESIRES AND INSTRUCTIONS BUYER/BORROWER desires the coverage set out above and agrees to pay the promulgated premium for such coverage. 1 (!-!==::2L_BUYER/BORROWER rejects the coverage set out above and does not agree to pay the premium for such coverage. 5) PROPERTY TAX PRORATIONS. Property taxes for the current year have been prorated between BUYER and SELLER, who each acknowledge and understand that these prorations are based upon (a) the sales price or the most current appraised value available and the most current tax rate available or (b) some other method of estimation. SELLER warrants and represents that there are no past due taxes owed on the Property and if such warranty and representation is untrue, the SELLER shall reimburse TITLE COMPANY on demand, for any sums paid by the TITLE COMPANY to pay such taxes and related penalty and interest. BUYER and SELLER each agree that, when the amount of the current year's taxes become known and payable they will adjust any changes of the proration and reimbursement between themselves and the TITLE COMPANY shall have no liability or obligation with respect to these prorations. 6) TAX RENDITION AND EXEMPTIONS. Although the Tax Appraisal District may independently determine BUYER'S new ownership and billing address, BUYER is still obligated by law to "render" the Property for taxation by notifying the Tax Appraisal District of the change in the Property's ownership and of BUYER'S proper address for tax billing. BUYER is advised that current year's taxes have been assessed on the basis of various exemptions obtained by SELLER (i.e., homestead, or 65, etc.). It is the BUYER'S responsibility to qualify for BUYER'S own tax exemptions and to meet any requirements prescribed by the taxing authorities. BUYER acknowledges and understands these obligations and the fact that TITLE COMPANY assumes no responsibility for future accuracy of Tax Appraisal District records concerning ownership, tax -billing address, or status of exemptions. Buyer's 7) HOMEOWNER'S ASSOCIATION. BUYER acknowledges that IItials ownership of the property involves membership in a Homeowner's, Condominium or other Property Owner's Association to which monthly or annual dues or assessments may be owed. These dues or assessments may be enforceable by a lien against the Property. BUYER understands that the Association (or its managing agent) should be contacted by BUYER immediately to ascertain the exact amount of future dues or assessments. TITLE COMPANY has made no representations with respect to, such Associations' annual budget, pending repairs or deferred maintenance, if any, or other debts of the Association. BUYER accepts sole responsibility to obtain such information and verify its accuracy to BUYER'S satisfaction. Seller's B is 8) CLOSING DISCLAIMER. SELLER and BUYER each Initials a acknowledge and understand that the above referenced transaction has not yet "closed". Any change in the possession of the Property takes place AT BUYER'S AND SELLER'S OWN RISK. THIS TRANSACTION IS NOT "CLOSED" UNTIL: (A) ALL TITLE REQUIREMENTS ARE COMPLETED TO THE SATISFACTION OF TITLE COMPANY; (B) ALL NECESSARY DOCUMENTS ARE PROPERLY EXECUTED, REVIEWED, AND ACCEPTED BY THE PARTIES TO THIS TRANSACTION AND BY THE TITLE COMPANY, AND, (C) ALL FUNDS ARE COLLECTED AND DELIVERED TO AND ACCEPTED BY THE PARTIES TO WHOM THEY ARE DUE. Vuyee 9) ARBITRATION. This paragraph does not apply to the I 'tials Residential Owner's Policy (T 1 R). The parties may later agree to arbitrate under the Residential Owner Policy (T-1 R). You may require deletion of the arbitration provisions of the Owner Title Policy. If you do not delete this provision, either 17 you or the Company may require arbitration, if the law allows. There is no charge to delete this provision. IF YOUR POLICY aS NOT A TEXAS-RESIDEN-TIAL_ OWNER POLICY (T-1R). YOU MAY REQUIRE DELETION OF THE ARBITRATION _P_ROVISION_BY_I_ ARKING THIS PARAGRAPH 9. Seller's 10) IRS REPORTING. SELLER acknowledges having received at Initials closing a copy of the Closing Disclosure and/or Settlement Statement as a Substitute Form 1099-S. In accordance with federal tax regulations, information from the Closing Disclosure and/or Settlement Statement will be furnished to the Internal Revenue Service. Seller's Buyer's 11) ERRORS AND OMISSIONS. In the event that any of the Initials documents prepared in connection with the closing of this transaction contain errors which misstate or inaccurately reflect the true and correct terms, conditions and provisions of this closing, and the Inaccuracy or misstatement is due to a clerical error or to a unilateral mistake on the part of the TITLE COMPANY and/or the SELLER and/or the BUYER, the undersigned agree to execute, in a timely,- manner, such correction documents as TITLE COMPANY* may deem necessary to remedy such inaccuracy or misstatement. Buyer's 12) ATTORNEY REPRESENTATION AND NOTICE. BUYER may Initi wish to consult with an attorney to discuss the matters shown on Schedule B or C of the Commitment for Title Insurance that was issued in connection with this transaction. These matters will affect title and use of the Property. The Title Insurance Policy will be a legal contract between BUYER and the underwriter. Neither the Commitment for Title Insurance nor the Title Insurance Policy is an abstract of title, title reports or representations of title. They are contracts of indemnity. No representation is made that your intended use of the Property is allowed under law or under the restrictions or exceptions affecting the Property. Buy 13) PRIVACY CONSENT. The undersigned hereby authorize Ini TITLE COMPANY to provide copies of any closing statements, loan documents, financial information, commitments, approval letters, appraisals, inspection reports, insurance policies, contracts, payoffs, transaction documents, and other nonpublic personal information in connection with our transaction to the real estate broker and real estate agent. Seller: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. Buyer: City of A a, TX By: JAA!!> TIZ-OCC Title: City Manager STATE OF TEXAS COUNTY OF Collin This instrument was acknowledged before me this the 5th day of May, 2022, by Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. Notary Public, State of Texas STATE OF TEXAS COUNTY OF Collin This instrument was acknowledged before me this the 5th day of May, 2022 by The City of Anna, TX. d6 l-I �r d�� Notary Public, State of TEXAS a KAREN LAVERY Notary ID k1328d0568 My Commission Expires December 24, 202d 7 Account Name: Address: Tiago Tdle, LLC 5950 Sherry Lane, Ste 300 Dallas, TX 75225 Phone 972-473-0330 Fax 214-389-5104 WIRING INSTRUCTIONS Tiago Title 5950 Sherry Lane, Suite 300 Dallas, Texas 75225 Account Number: -8095175720 ABA: 111014325 Bank Name: Bank of Texas Bank Address: 5956 Sherry Lane, Suite 600 Dallas, Texas 75225 Our G. F. No.: TX21-00913DL -* REQUIRED, IF NOT ATTACHED YOUR WIRE WILL BE RETURNED Borrower Name: The City of Anna, TX Address: 320 W Hackberry Ln, Anna, TX, 75409 Please include GF # and borrower name in the wire when sending to our office for disbursement for accurate posting. PLEASE BE ADVISED THAT WE WILL ACCEPT ONLY WIRE TRANSFERS, WE WILL NOT ACCEPT ACH DEPOSITS, PHONE FUNDS TRANSFERS OR OTHER TYPES OF ELECTRONIC PAYMENTS/CREDITS. jl���C ��� �.��r�c�w' Title Insurance Commitment Letter The attached title insurance commitment contains information which has been obtained or derived from records and information owned by Title Data, Inc. or one of its subsidiaries (collectively "Title Data"). Title Data owns and maintains land title plants for vaxious Texas counties. Our company's right to access and use Title Data's title plants is governed by the Subscription Agreement(s) we have with Title Data, which restricts who can receive and/or use a title insurance commitment, which is based in whole or in part, upon Title Data's records and information. The information contained in the title plants is protected by federal copyright law and Texas common law on trade secrets and contract. This 'Title Insurance Commitment should not be re -distributed without first confirming with the issuing agent what is permissible under the terms of their Subscription Agreement with Title Data. Form T-7: Commitment for Title Insurance Page 1 Continuation of Schedule A GF No. TX21-00913DL ` COMWITMENT FOR TITLE INSURANCE T-7 ISSUED BY OLD REPUBLIC NA TIONAL TITLE INSUBA11iCE COMPANY SCHEDULE A Effective Date: April 6, 2022, 8:00 am GF No. TX2.1-00913DL Commitment No. _ _ , issued April 13, 2022, 1. The policy or policies to be issued are: a. OWNER'S POLICY OF TITLE INSURANCE (Form T-1) (Not applicable for improved one -to -four family residential real estate) Policy Amount S39,000.00 PROPOSED INSURED: The City of Anna, TX b. TEXAS RESIDENTIAL OWNER'S POLICY OF TITLE INSURANCE ONE -TO -FOUR FAMILY RESIDENCES (Form T-1 R) Policy Amount: PROPOSED INSURED: C. LOAN POLICY OF TITLE INSURANCE (Form T-2) Policy Amount: PROPOSED INSURED: Proposed Borrower: d. TEXAS SHORT FORM RESIDENTIAL LOAN POLICY OF TITLE INSURANCE (Form T-2R) Policy Amount: PROPOSED INSURED: Proposed Borrower: e. LOAN TITLE POLICY BINDER ON INTERIM CONSTRUCTION LOAN *(Form T-13) Binder Amount: PROPOSED INSURED: Proposed Borrower. f. OTHER Policy Amount: PROPOSED INSURED: ?. The interest in the land covered by this Commitment is: Fee Simple 3. Record title to the land on the Effective Date appears to be vested in: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. 4. Legal description of land: A 0.28 ACRE TRACT LYING AND BEING SITUATED IN THE TOWN OF ANNA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT NO.71, (CALLED ABSTRACT NO.67, VOLUME 99 ABSTRACT No. 559)7 COLLIN COUNTY, TEXAS, BEING PART OF A TRACT CONVEYED TO HUBERT RISNER AND WIFE, NORMA LEE RISNER BY bEED RECORDED IN DOCUMENT NO.201703200003514509 OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, BEING A PORTION OF A CALLED 0.99 ACRE TRACT DESCRIBED IN DOCUMENT NO.201806190007567105 OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: Form T-7: Commitment for Title Insurance Page 2 Continuation of Schedule A GF No. TX21-00913DL COMMENCING at a %" iron rod with red cap found marking the southwest corner of a called 0.049 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in Vol. 2008, Pgs.117-118, Plat and Map Records of Collin County, Texas, being the southwest corner of Lot 1, said Addition; THENCE S 01*36143" W, 22.18 feet to a point of reference in the northerly R.O.W. line of Hackberry Lane (A/XUA W. Hackberry Ln./Hackberry Dr., a Variable Width R.O.W.) for the southeast corner and POINT OF BEGINNING of the herein described tract; THENCE along and with said R.O.W. line, same being the south line of the herein described tract, N 89*20123" W, 104.00 feet (West,104.00 feet, record) to a point of reference for the southwest corner of the herein described tract, the southeast corner of a called 2.892 acre tract as described in a deed to Sarah Louise Martin, Danna Gail Martin and Nelda Jean Stanley recorded in Doc. No. 20190530000609730, Official Public Records of Collin County, Texas; THENCE along the east line of said 2.892 Acre Tract, same being the west line of the herein described tract, N 01036943" E,116.20 feet (N 01°15'00" E) to a point of reference for the northwest corner of the herein described tract, the southwest corner of a called 0.152 acre tract as described in a deed to Chad Grimes in Doc. No. 20100618000621620, Official Public Records of Collin County, Texas, from which a %" iron rod is found bearing S 89*20123" E,1.20 feet for witness; THENCE along and with the south line of said 0.152 Acre Tract, same being the north line of the herein described tract, S 89020923" E, at 1.20 feet passing said %" iron rod, at 103.79 feet passing a %" iron rod found on-line, a total distance of 104.00 feet (S 89030'21" E,104.00 feet) to a point of reference for the northeast corner of the herein described tract, the southeast corner of said 0.152 Acre Tract, a point in the west line of said Lot 1, Greer Addition, from which a K" iron rod marking the northeast corner of said 0.152 Acre Tract, the southeast corner of a called 0400 acre tract described in a deed to Chad Grimes in Doc. No. 20100226000187140, Official Public Records of Collin County, Texas, bears N 01036143" E, 64.12 feet (64.00 feet) for reference; THENCE along and with the west line of said Lot 1, same being the east line of the herein described tract, S 01036143" W, at 76.52 feet passing a 'Ar iron rod found marking the northwest corner of said 0.049 Acre R.O.W. Dedication, a total distance of 116.20 feet (S 011115900" W) to the POINT OF BEGINNING and containing 0.28 acres, more or less. NOTE: The company is prohibited from insuring the area or the quantity of the land described herehL Any statement in the above legal description of the area or quantity of land is not a representation that such area or quantity is accurate, and is made only for informational and/or idecfication purposes, and does not override Item 2 of Schedule B hereof. Form T-7: Commitment for Title Insurance Page 3 COMMITMENT FOR TITLE INSURANCE T-7 ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY SCHEDULEB, EXCEPTIONS FROM COVERAGE In addition to the Exclusions and Conditions and Stipulations, your Policy will not cover loss, costs, attorney's fees, and expenses resulting from: 1. The following restrictive covenants of record itemized below (We must either insert specific recording data or delete this exception): Item No. I is hereby deleted in its entirety. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights, if any of any spouse of any insured. (Applies to the Owner's Policy only.) 4. Any titles or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, a. to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b. to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or C. to filled -in lands, or artificial islands, or d. to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation, or the rights of access to that area or easement along and across that area. (Applies to the Owner's Policy only.) 5. Standby fees, taxes and assessments by any taxing authority for the year 2022, and subsequent years; and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership, but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13, Texas Tax Code, or because of improvements not assessed for a previous tax year. (If Texas Short Form Residential Loan Policy of Title Insurance (T-2R) is issued, that policy will substitute "which become due and payable subsequent to Date of Policy" in lieu of "for the year and subsequent years.") 6. The terms and conditions of the documents creating your interest in the land. 7. Materials furnished or labor performed in connection with planned construction before signing and delivering the lien document described in Schedule A, if the land is part of the homestead of the owner. (Applies to the Loan Title Policy Binder on Interim Construction Loan only, and may be deleted if satisfactory evidence is furnished to us before a binder is issued.) 8. Liens and leases that affect the title to the land, but that are subordinate to the lien of the insured mortgage. (Applies to Loan Policy (T-2) only.) 9. The Exceptions from Coverage and Express Insurance in Schedule B of the Texas Short Form Residential Loan Policy of Title Insurance (T-2R). (Applies to Texas Short Form. Residential Loan Policy of Title Insurance (T-2R) only.) Separate exceptions 1 through 8 of this Schedule B do not apply to the Texas Short Form Residential Loan Policy of Title Insurance . Form T-7: Commitment for Title Insurance Page 4 Continuation of Schedule B GF No. TXZ1-00913DL (T-2R). 10. The following matters and all terms of the documents creating or offering evidence of the matters (We must insert matters or delete this exception.): A. Rights of parties in possession. (Owner's Policy Only) b. Rights of tenants in possession and unrecorded leases or rental agreements. C. INTENTIONALLY DELETED. d. INTENTIONALLY DELETED. e. Any portion of subject property that lies within the boundaries of any public or private roadway or used in connection therewith. E All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges, and immunities relating thereto, appearing in the Public Records whether listed in Schedule B or not There may be leases, grants, exceptions or reservations of mineral interest that are not listed. (Pursuant to procedural Rule P-50.1 the above exception must appear on any corresponding policy issued if a T-19.2 or T-193 endorsement that meets underwriting standards is requested by the proposed insured.) g. We have been furnished with a plat of survey made by Donald Edward Smith Sr., Professional Land Surveyor No. 2465, dated December 7, 2021. Said survey reflects the following matters: (1) No liability assumed for location of overhead electric line, power pole, and electric meter. (2) Rights or claims, if any, of adjoining property owner(s) in and to that portion of insured property lying between the fences and the property Dines. Paragraph 4(b) must be deleted as to this matter from any T19.1 endorsement issued. Form T-7: Commitment for Title Insurance Page 5 COI1DGTMENT FOR TITLE INSURANCE T-7 ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY SCHEDULE C Your Policy will not cover loss, costs, attorneys' fees, and expenses resulting from the following requirements that will appear as Exceptions in Schedule B of the Policy, unless you dispose of these matters to our satisfaction, before the date the Policy is issued: 1. Documents creating your title or interest must be approved by us and must be signed, notarized and filed for record. 2. Satisfactory evidence must be provided that: a. no person occupying the land claims any interest in that land against the persons named in paragraph 3 of Schedule A, b. all standby fees, taxes, assessments and charges against the property have been paid, G. all improvements or repairs to the property are completed and accepted by the owner, and that all contractors, sub- contractors, laborers and suppliers have been fully paid, and that no mechanic's, laborer's or materialmen's liens have attached to the property, d. there is legal right of access to and from the land, e. (on a Loan Policy only) restrictions have not been and will not be violated that affect the validity and priority of the insured mortgage. 3. You must pay the seller or borrower the agreed amount for your property or interest. 4. Any defect, Iien or other matter that may affect title to the land or interest insured, that arises or is filed after the effective date of this Commitment. S. NOTE: We fund no outstanding voluntary liens of record affecting subject property. XDquiry should be made concerning the existence of any recorded or unrecorded lien or other indebtedness which could establish a security interest claim in subject property. 6. The right is reserved to make and insert additional exceptions and/or requirements based upon the review of any and all documentation. 7. FOR INFORMATIONAL PURPOSES ONLY: The following recorded conveyances affect the subject property and have been recorded in the Real Property Records within the past 24 months: Affidavit of Heirship recorded as 20180619000756710, Special Warranty Deed recorded as 2020032000052577Q, and Special Warranty Deed recorded as 4105 79 . The previous conveyance is recorded as 201703200-0035_ 1450. Form T-7: Commitment for Title Insurance Page 6 Continuation of Schedule C GF No. TX21-00913DL Countersigned Tiago Title, LLC i� By .�. Authorized Signature Form T-7: Commitment for Title Insurance Page 7 L CO?,DHTMMNT FOR TITLE INSURANCE T-7 SCHEDULE D OF No. TX21-00913DL Effective Date: April 6, 2022, 8:00 am Pursuant to the requirements of Rule P-21, Basic Manual of Rules, Rates and Forms for the writing of Title Insurance in the State of Texas, the following disclosures are made: 1. The following individuals are directors and/or officers, as indicated, of the Title Insurance Company issuing this Commitment Pursuant to the requirements of Rule P-21, Basic Manual of Rules, Rates and Forms for the writing of Title Insurance in the State of Texas, the following disclosures are made: 1. The following individuals are directors and/or officers, as indicated, of the Title Insurance Company issuing this Commitment: DIRECTORS OF OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY HARRINGTON BISCHOF JOHN M. DIXON STEVE R. WALKER JAIVIES HELLAUER ARNOLD L. STEINER A. C. ZUCARO DBNNIS P. VAN MIEGHEM JIMMY A. DEW FREDERICKA TAUBITZ RANDE K. YEAGER CHARLES F. TITTERTON SPENCER LEROY, III STEVEN J. BATEMAN GLENN W. REED OFFICERS OF OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY MARK A. BILBREY, President R.ANDE K. YEAGER, Chairman and CEO CURTIS J. HOFFMAN, Executive Vice President JEFFERY J. BLUHM, Executive Vice President DANA C. SOLMS, Executive Vice President MARK M. BUDZINSKI, Executive Vice President DANIEL M. WOLD, Executive Vice President, Secretary, PATRICK A. CONNOR, Executive Vice President General Counsel GARY J. HORN, Executive Vice President MIICE TARPEY, Vice President, Treasurer CAROLYN J. MONROE, Executive Vice President ROGER A. GAIO, Executive Vice President CHERYL JONES, Executive Vice President ROBERT E. ZELLAR, Executive Vice President CHRIS G. LIESER, Executive Vice President MICHAEL B. SKALKA, Executive Vice President Shareholders owning, controlling or holding, directly or indirectly, ten percent (10%) or more of the shares of Old Republic National Title Insurance Company: Old Republic Title Insurance Companies, Inc.-100%, a wholly owned subsidiary of Old Republic National Title Holding Company, a wholly owned subsidiary of Old Republic Title Insurance Group, Inc., a wholly owned subsidiary of Old Republic International Corporation. 2. AGENT: Tiago Title, LLC (a.) Shareholders, owners, partners, or other persons having, owning or controlling one percent (I %) or more of the Title Insurance Agent are: Ryan Clemmensen, Sean Clemmensen, and Jonathan Whyte. (b.) Shareholders, owners, partners, or other persons having, owning or controlling ten percent (10%) or more of an entity that has, owns or controls one percent (1%) or more of the Title Insurance Agent are: Ryan Clemmensen, Sean Clemmensen, and Jonathan Whyte (c.) If the Title Insurance Agent is a corporation, an LLC, an LP or an LLP, the following is a list of its officers, directors, and/or managers and/or mana�a a partner(s) (with titles): Ryan Clemmensen, Member Sean Clemmensen, Member Jonathan Whyte, Member 3. You are entitled to receive advance disclosure of settlement charges in connection with the proposed transaction to which this commitment relates. Upon your request, such disclosure will be made to you. Additionally, the name of any person, firm or Form T-7: Commitment for Title Insurance . Page 8 Continuation of Schedule D GF No. TX21-00913DL corporation receiving a portion of the premium from the settlement of this transaction will be disclosed on the closing or settlement statement. You are further advised that the estimated title premium' is: Owner's Policy S421-00 Loan Policy S0.00 Endorsement Charges $63.15 Other $0.00 Total S484.15 Of this total amount: 15% will be paid to the policy issuing Title Insurance Company: 85% wiu be retained by the issuing Title Insurance Agent; and the remainder of the estimated premium will be paid to other parties as follows: Arn To MOM For Services if 'The estimated premium is based upon information furnished to us as of the date of this Commitment for Title Insurance. Final determination of the amount of the premium will be made at closing in accordance with the Rules and Regulations adopted by the Commissioner of Insurance." Form T-7: Commitment for Title Insurance Page 9 COMMITMENT FOR TITLE INSURANCE (Form T-7) TEXAS TITLE INSURANCE INFORMATION Title insurance insures you against loss resulting from certain risks to your title. The commitment for Title Insurance is the title insurance company's promise to issue the title insurance policy. The commitment is a legal document. You should review it carefully to completely understand it before your closing date. El seguro de titulo le asegura en relaci6n a p6rdidas resultantes de ciertos riesgos que pueden afectar el titulo de su propiedad. El Compromise Para Seguro de Titulo es la promesa de la compaiiia aseguradora de dWos de emitir la pbliza de seguro de titulo. El Compromiso es un documiento legal. Usted debe leerlo cuidadosamente y entenderlo completamente antes de la fecha Para finalizar su transaccibn. Your Commitment of Title insurance is a legal contract between you and us. The Commitment is not an opinion or report of your title. It is a contract to issue you a policy subject to the Commitment's terms and requirements. Before issuing a Commitment for Title Insurance (the Commitment) or a Title Insurance Policy (the Policy), the Title Insurance Company (the Company) determines whether the title is insurable. This determination has already been made. Part of that determination involves the Company's decision to insure the title except for certain risks that will not be covered by the Policy. Some of these risks are listed in Schedule B of the attached Commitment as Exceptions. Other risks are stated in the Policy as Exclusions. These risks will not be covered by the Policy. The Policy is not an abstract of title nor does a Company have an obligation to determine the ownership of any mineral interest. - MINERALS AND MINERAL RIGHTS may not be covered by the Policy. The Company may be unwilling to insure title unless there is an exclusion or an exception as to Minerals and Mineral Rights in the Policy. Optional endorsements insuring certain risks involving minerals, and the use of improvements (excluding lawns, shrubbery and trees) and permanent buildings may be available for purchase. If the title insurer issues the title policy with an exclusion or exception to the minerals and mineral rights, neither this Policy, nor the optional endorsements, ensure that the purchaser has title to the mineral rights related to the surface estate. Another part of the determination involveswhether the promise to insure is conditioned upon certain requirements being met. Schedule C of the Commitment lists these requirements that must be satisfied or the Company will refuse to cover them. You may want to discuss any matters shown in Schedules B and C of the Commitment with an attorney. These matters will affect your title and your use of the land. When your policy is issued, the coverage will be limited by the Policy's Exceptions, Exclusions and Conditions, defined below - EXCEPTIONS are title risks that a Policy generally covers but does not cover in a particular instance. Exceptions are shown on Schedule B or discussed in Schedule C of the Commitment. They can also be added if you do not comply with the Conditions section of the Commitment When the Policy is issued, all Exceptions will be on Schedule B of the Policy. - EXCLUSIONS are title risks that a Policy generally does not cover. Exclusions are contained in the Policy but not shown or discussed in the Commitment. - - CONDITIONS are additional provisions that qualify or limit your coverage. Conditions include your responsibilities and those of the Company. They are contained in the Policy but not shown or discussed in the Commitment. The Policy Conditions are not the same as the Commitment Conditions. You can get a copy of the policy form approved by the Texas Department of h rrance by calling the Title Insurance Company at (800) 3?84441 or by calling the title insurance agent that issued the Commitment. The Texas Department of Insurance may revise the policy form from time to time. You can also get a brochure that explains the policy from the Texas Department of Insurance by calling 1-800-252-3439. Form T-7: Commitment for Title Insurance Page 10 rT- Continuation of Texas Title Insurance Information GF No. TX21-00913DL Before the Policy is issued, you may request changes in the policy. Some of the changes to consider are: - Request amendment of the "area and boundary" exception (Schedule B, paragraph 2). To get this amendment, you must furnish a survey and comply with other requirements of the Company. On the Owner's Policy, you must pay an additional premium for the amendment. If the survey is acceptable to the Company and if the Company's other requirements are met, your Policy will insure you against loss because of discrepancies or conflicts in boundary lines, encroachments or protrusions, or overlapping of improvements. The Company may then decide not to insure against specific boundary or survey problems by making special exceptions in the Policy. Whether or not you request amendment of the "area and boundary" exception, you should determine whether you want to purchase and review a survey if a survey is not being provided to you. Allow the Company to add an exception to "rights of parties in possession." If you refuse this exception, the Company or the title insurance agent may inspect the property. The Company may except to and not insure you against the rights of specific persons, such as renters, adverse owners or easement holders who occupy the land.. The Company may charge you for the inspection. If you want to make your own inspection, you must sign a Waiver of Inspection form and allow the Company to add this exception to your- Policy. The entire premium for a Policy must be paid when the Policy is issued. You will not owe any additional premiums unless you want to increase your coverage at a later date and the Company agrees to add an Increased Value Endorsement. Form T-7: Commitment for Title Insurance Page 11 DELETION OF ARBITRATION PROVISION (Not applicable to the Texas Residential Owner's Policy) ARBITRATION is a common form of alternative dispute resolution. It can be a quicker and cheaper means to settle a dispute with your Title Insurance. Company. However, if you agree to arbitrate, you give up your right to take the Title Insurance Company to court and your rights to discovery of evidence may be limited in the arbitration process. In addition, you cannot usually appeal an arbitrators award. Your policy contains an arbitration provision (shown below). It allows you or the Company to require arbitration if the amount of insurance is $2,000,000 or less. If you want to retain your right to sue the Company in case of a dispute over a claim, you must request deletion of the arbitration provision before the policy is issued. You can do this by signing this form and returning it to the Company at or before the closing of your real estate transaction or by writing to the Company. The arbitration provision in the Policy is as follows: "Either the Company or the Insured may demand that the claim or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). Except as provided in the Rules, there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service in connection with its issuance or the breach of a policy provision, or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be 1 arbitrated at the option of either the Company or the Insured, unless the insured is an individual person (as distinguished from an Entity). All arbitrable matters when the Amount of Insurance is in excess of $2,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules shall be binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction.` SIGNATURE DATE Form T-7: Commitment for Title Insurance Page 12 OLD REPUBLIC NATIONAL 77T "LE BMSURANCE COWANT Premium Amount Rate Rules Propel County Liability at Type Code Reissue Rate I ? 3 4 5 6 7 S 5484.15 1000 $5 0500 TF- Tax Certificate Update Remit certificate fee to : user: Karen Trejo GF Number: TX21-00913DL Closer: Buyers): card Jurisdiction COLLIN COUNTY AHNA C11Y COLUN COUNTY JR. 0011EC ANNA iSD Current Year Total (as available) Print Date: 04/27/2022 .". av" very "J Dallas, Terxas 7528" 23 Fee: $36.86 (includes sales tax) CtirrentYear Tax:Sumrnanl 2021 $305.42 2021 $43.56 2021 $783.1 6 $19222.29 Certificate.TotA of 1ax M Due by Collector Balance Due Amount Due Amount Due PAYASLBTO: w/o Penalties 0412022 05/2022 GOWN COUNTY $0.00 $0.00 $0.00 CAD A'.cco nt Numbe s R607100002801 :... ::. •Assessmerrt-lnfonnation: Account Number: R607100002801 (Parcel 1 of 1) 2021 Assessed Values Owner Name(s): COMPTON MARY JOYCE RISNER & ESTATE OF WANDA JEAN RISNER BURK ETAL Land: 15,290 Mailing Address: 304 N MAIN ST Imprv: 38,340 LEONARD,TX 76452-2518 Property Address: 320 HACKBERRY DR Total: 53,fi30 ANNA , TX 76409 Legal Description: ASS A0071 HENRY BRANTLEY SURVEY, TRACT 28, 0.278 ACRES Geoid: 000001016368 Property Class: RESIDENTIAL SINGLE FAMILY Land Use: Al Acreage: 0.27800 2021 Exemptions: None Total Est. Taxes w/o Exempt: $1,222.29 Total Tax Rate: 2.279109 -REAL-AX lNFORMAT[ON•:DETAIL: ANNA CITY Payments as of : 04/27/2022 Current Year Taxes COLLECTED BY 04/27/2022 Prior Year Taxes COLLIN COUNTY (972) 647-5020 2021 Tax Rate: 0.569500 Amount Due Amount Due Est. Taxes w/o Exempt: $305.42 Tax Year Base Tax 04/2022 OS12022 Bill Ref: R607100002801 ' 2021 $305.42 Paid Paid SUBTOTAL $305A2 $0.00 $0.00 REALTIME TAX INFORMATION DETAIL COLLIN COUNTY Payments as of : 04/27/2022 Current Year Taxes PO BOX 8046 04/2712022 Prior Year Taxes MCKINNEY, TX 75070 (972) 647-5020 2021 Tax Rate: 0.168087 Amount Due Amount Due Est. Taxes w/o Exempt: $90.15 Tax Year Base Tax 0412022 0512022 Bill Ref: R607100002801 2021 $90.15 Paid Paid SUBTOTAL $90.15 $0.00 $0.00 . RFALMME TAX INFORMAMON DETAIL . COLLIN COUNTY JR. COLLEGE Payments as of : 04/27/2022 Current Year Taxes COLLECTED BY 04/27/2022 Prior Year Taxes COLLIN COUNTY (972) 547-5020 2021 Tax Rate: 0.081222 Amount Due Amount Due Est. Taxes w/o Exempt: $43.56 Tax Year Base Tax 0412022 0512022 Bill Ref: R607100002801 2021 $43.56 Paid Paid SUBTOTAL $43.56 $0.00 $0.00 REALTIME TAX INFORMATION DETAIL: ANNA!SD Payments as of : 04/27/2022 Current Year Taxes COLL COLLECTED BY 04/27/2022 Prior Year Taxes COLLIN COUNTY (972) 547-5020 2021 Tax Rate:1.460300 Amount Due Amount Due Est. Taxes w/o Exempt $783.16 Tax Year Base Tax 0412022 0612022 Bill Ref: R607100002801 2021 $783.16 Paid Paid SUBTOTAL $783.16 $0.00 $0.00 Account Summag of Taxes Due Balame Due Amount Dire Amount Due Payable to: wlo Penalties 0412022 0512022 COI.uN COUNTY $0.00 $0.00 $0.00 Exclusions and.Conditioi s of Tax Cerdfiicates ALL APPLICABLE AD VALOREM TAXES ON THE ABOVE REFERENCED PROPERTY(S) ARE FOUND TO HAVE THE STATUS PROVIDED EXCEPT: a. THE STATUS DOES NOT COVER ANY CHANGES !MADE TO THE TAX RECORDS OF THEAGENCIES LISTED AFTER THE "PAYMENTS AS OP DATE b. DOES NOT INCLUDE OR IS NOT CERTIFICATION OFANY 1. MINERAL TAXES 2. PERSONAL PROPERTY TAXES (INCLUDING MOBILE HOMES) 3. ANY OTHER NON AD VALOREM TAXES • Te Tax Ird6m attiion : • Texas taxes are usually billed for the calendar year on or around October 1st • Taxes are delinquent on February 1 st + Additional penalties apply to current year delinquencies on July 1 st 2022-2022000080817 05120/2022 2:17 PM Page 4 of 4 Recorded On: May 20, 2022 02:13 PM Total Recording: $34.00 Collin County Honorable Stacey Kemp Collin county Clerk Instrument Number: 2022000080817 eRecording - Real Property Number of Pages: 4 Examined and Charged as Follows: " THIS PAGE IS PART OF THE INSTRUMENT Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law_ File Information: Document Number: Receipt Number: Recorded Date/Time: User: Station: 2022000080817 20220620000487 May 20, 2022 02:13 PM Kacy M Station 4 STATE OF TEXAS COUNTY OF COLLIN Record and Return To: Simplifile I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Public Records of Collin County, Texas. Honorable Stacey Kemp Collin County Clerk ,e� Collin County, TX 52� 2022 - 2022000080817 O 2QI2022 02:13 PM Page 1 of 4 Tiago Title GF# -- 2 .. .-..--- 4..,L,... After Recording Return to: City of Anrm, TX NOTICE OF CONFM NYL MTY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY RE4iOVE OR STRIKE ANY OR ALL OF THE FOLLOWWO IN -FORMATION FROM ANY cNMUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCL4L SECURITY NUMBER OR YOUR DRIM'S LICENSE NUMBER. GENEIL41 WARRANTY HEED Date: May � = Grantor: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 201, entered under Canso No.3664r44-2MO, in the 366th dudicis[ District Court of Collin County, Texas. Grantor's Mailing Address: 57CO TzN ohP-Knea;-� m &m. Grantee: City of Anna, TX Grantee's MaTing Address: Consideration: TEN & Iti01100 DOLLARS (S10.00) and other good and valuable considers. -on in hand received atd hereby acimowledged by Grrantor. Property (mclading any improvements): A 028 ACRE TRACT LYING AND 13EING SITUATED IN THE TOWN OF AN -NA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT 2-40.7I, (CALLED ABSTRACT NO 67 VOIAM 9, ABSTRACT NO. Z9), COLLI N COUNTY, TEXAS, BEING PART OF A TRACT CONWYED TO HUBERT RWER AND W VIE, NORMA LEE RLWR BY DEED RECORDED IN DOCU.VV—NT NO.20170MO00035145N OFFICIAL PUBLIC RECORDS OF COLLL\ COUNTY, TEXAS, B1:.fDiG A PORTION OF A CALLED 0." ACRE TRACT DESCRIBED LN DOCUMENT NO.20180619000756710, OFFICIAL PUBLIC RECORDS OF COLGIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMEIKCING at a %r iron rod with red cap found mtarking the southwest corner of a called OA49 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in VoL 200k Pgs. 117--113, Pht and 3&p Records of CoMn Counts Texas, being the southwest corner of Lot 1, said addition; THENCE S 01W43" W, 22.18 feet to a point of reference in the northerly RO W. Hue of Had berry L3ae (AIICIA W. Rackberry LnJHZddjerry Dr., a Variable Width R.O.W.) for the southeast corner and POINT OF BEGLV.VING of the herein described tract; THENCE along and with slid R.O.W. lime, same tieing the south line of the berein described tract, Y 8910W" W, 104.00 fact (West,104.00 feet, record) to a point of reference for the southwest corner of the herein described tract, the southeast earner of a called 2.392 acre tract as described in a deed to Sarah Louise Martin, Da=a Gag Martin and Nelda Jena Stanley recorded in Dot No. 3019OS3000060MO, Official Public Records of Collin County, Texas: GENERAL WARRANTY DEED IT r Tiaoo Title GF#Tf 21"00CR�>(>L---- After Recording Return to: City of Anna, TX NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER GENERAL WARRANTY DEED Date: May �, 2022 Grantor: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. Grantor's Mailing Address: 5700 TznI o` -sam PhmwN srz . sm Rml* , Tx 750ZL� Grantee: City of Anna, TX Grantee's Mailing Address: Consideration: TEN & NO1100 DOLLARS (S10.00) and other good and valuable consideration in hand received and hereby acknowledged by Grantor. Property (including any improvements): A 0.28 ACRE TRACT LYING AND BEING SITUATED IN THE TOWN OF ANNA, OUT OF THE HENRY BRANTLEY SURVEY, ABSTRACT NO.71, (CALLED ABSTRACT NO. 67, VOLUME 9, ABSTRACT NO.559), COLLIN COUNTY, TEXAS, BEING PART OF A TRACT CONVEYED TO HUBERT RISNER AND WIFE, NORMA LEE RISNER BY DEED RECORDED IN DOCUMENT NO.20170320000351450, OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, BEING A PORTION OF A CALLED 0.99 ACRE TRACT DESCRIBED IN DOCUMENT NO. 20180619000756710, OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING at a Y." iron rod with red cap found marking the southwest corner of a called 0.049 acre R.O.W. dedication as shown on plat of Greer Addition, recorded in Vol. 2008, Pgs. 117-118, Plat and Map Records of Collin County, Texas, being the southwest corner of Lot 1, said Addition; THENCE S 01°3643" W, 22.18 feet to a point of reference in the northerly R.O.W. line of Hackberry Lane (A/K/A W. Hackberry Ln.iHackberry Dr., a Variable Width R.O.W.) for the southeast corner and POINT OF BEGINNING of the herein described tract; THENCE along and with said R.O.W. line, same being the south line of the herein described tract, N 89°20123" W, 104.00 feet (West, 104.00 feet, record) to a point of reference for the southwest corner of the herein described tract, the southeast corner of a called 2.892 acre tract as described in a deed to Sarah Louise Martin, Danna Gail Martin and Nelda Jean Stanley recorded in Doc. No. 20190530000609730, Official Public Records of Collin County, Texas; GENERAL WARRANTY DEED THENCE along the east line of said Z.89Z Acre Tract, same being the west line of the herein described tract, N 01*36143" E,116.20 feet (N 01*15100" E) to a point of reference for the northwest corner of the herein described tract, the southwest corner of a called 0.152 acre tract as described in a deed to Chad Grimes in Doc. No. 201006180006216209 Official Public Records of Collin County, Texas, from which a %" iron rod is found bearing S 89020123" E,1.20 feet for witness; THENCE along and with the south line of said 0.152 Acre Tract, same being the north line of the herein described tract, S 89020'23" E, at 1.20 feet passing said %" iron rod, at 103.79 feet passing a 1/2" iron rod found on-line, a total distance of 104.00 feet (S 89030121" E,104.00 feet) to a point of reference for the northeast corner of the herein described tract, the southeast corner of said 0.152 Acre Tract, a point in the west line of said Lot 1, Greer Addition, from which a'/z" iron rod marking the northeast corner of said 0.152 Acre Tract, the southeast corner of a called 0.5600 acre tract described in a deed to Chad Grimes in Doc. No. 20100226000187140, Official Public Records of Collin County, Texas, bears N 01*36143" E, 64.12 feet (64.00 feet) for reference; THENCE along and with the west line of said Lot 1, same being the east line of the herein described tract, S 01036143" W, at 76. 52 feet.passiung a VP iron rod found marking the northwest corner of said 0.049 Acre R.O.W. Dedication, a total distance of 116.20 feet (S 01*15200" W) to the POINT OF BEGINNING and containing 0.28 acres, more or less. Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed by Grantee or subject to which title is taken by Grantee; validly existing restrictive covenants common to the platted subdivision in which the Property is located; standby fees, taxes, and assessments by any taxing authority for the year 2022 and subsequent years, and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership; validly existing utility easements created by the dedication deed or plat of the subdivision in which the Property is located; any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements; homestead or community property or survivorship rights, if any, of any spouse of Grantee; and any validly existing titles or rights asserted by anyone, including but not limited to persons, the public, corporations, governments, or other entities, to (1) tidelands or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs, or oceans, (2) lands beyond the line of the harbor or bulkhead lines as established or changed by any government, (3) filled -in lands or artificial islands, (4) water rights, including riparian rights, or (5) the area extending from the line of mean low tide to the line of vegetation or the right of access to that area or easement along and across that area; validly existing easements, reservations or exceptions which are recorded in the real property records of the County where the Property is located. Grantor, for the Consideration and subject to the Reservations from Conveyance and the exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural GENERAL WARRANTY DEED GRANTOR: Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas. ST ATE OF ( -2 r C, S ) COUNTY OF Q� ) ss Before me, the undersigned Notary Public, on this day personally appeared Travis Cross, as Receiver for the property described below, by virtue of Order, dated September 7, 2021, entered under Cause No. 366-02304-2020, in the 366th Judicial District Court of Collin County, Texas., known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this S day of _ �` "� , 2022. 7 Notary Public, State of (?tea S �`RYP f. LISA MORRIS Printed Name: ...... l.9 =_:= Notary Public, State of Texas 9r+P? Comm. Expires 10-23-2022 °;,�+`1 Notary ID 131769466 UEINERAL WARRANTY DEED