Loading...
HomeMy WebLinkAboutContract 24822-CA1 CITY SECRETARY CONTRACT NO. CONSENT TO ASSIGNMENT OF ENCROACHMENT AGREEMENT [City Secretary Contract No.248221 THIS CONSENT TO ASSIGNMENT OF ENCROACHMENT AGREEMENT (this `'Assam") is made and entered into as of this day of 2012 b and between the CITY OF FORT WORTH, a "Texas home-rule municipal corporation (the "City"), "City-") RON INVESTMENTS, Ltd., a Texas limited Liability Partnership ("Assignor"), and HOUSTON STREET PARTNERS, LP, a Texas limited partnership and ANS REAL ESTATE, LTD, a Texas limited liability company ("_Assignee"). WITNESSETH: WHEREAS, the City of Fort Worth, acting by and through its duly authorized City Manager or duly designated Assistant City Manager, entered into Secretary Contract Number 24822 Consent Agreement (herein referred to as the "Agreement" or the `'Consent Agreement") with Assignor (acting by and through its duly authorized general partner), who is the owner of certain property located adjacent to or near the property on which the encroachments are located (which encroachments are further described in the Encroachment Agreement) (the "Property"); and WHEREAS, the Consent Agreement, City Secretary Contract No. 24822 was filed April 30, 1999 and recorded in Volume 13788, Page 516 (Instrument No. D199109596) in the Real Property Records of Tarrant County, Texas, and is attached hereto as Exhibit "A" and incorporated herein by reference as if set forth in full; and WHEREAS, on March 15, 2007 Assignor transferred and conveyed the Property referred to in the Consent Agreement to the Assignee, filed March 22, 2007 and recorded in Instrument No. D207101358; and WHEREAS, as the current "Grantee" under the Consent Agreement, Assignor desires to assign the Agreement to Assignee; AGREEMENT: NOW, THEREFORE, for and in consideration of the above and foregoing premises and the mutual covenants and agreements set forth hereinbelow, together with other good and valuable consideration. the receipt and sufficiency of which consideration is hereby acknotiv[edged by each of the parties hereto, the City. Assignor and Assignee do hercbv agree as follows: 1. As consideration for the assignment and assumption of the Agreement. Assignee herehv expressly accepts and assumes. all rights, obligations and liahilitics of lssignor under 111c terms of the Agreement. and Assignee agrees to he hOUnd h\ of the lgrccment. -- IOFFICIAL RECORD CITY SECRETARY C - - N ; : _4 IN 1 LFT- WORTH, TX 2. The City does hereby consent to the assignment of the Agreement from Assignor to Assignee, and will recognize Assignee as the party to the Agreement upon the Effective Date (defined below) 3. For purposes of this Assignment, the "Effective Date" shall be the date of the transfer and conveyance of the Property from Assignor to Assignee as filed and recorded in Instrument No. D207101358 in the Real Property Records of Tarrant County and as attached in Exhibit "B 4. Assignee shall cause this Assignment to be filed of record (at Assignee's expense) in the applicable real property records for Tarrant County, Texas. [SIGNATURES APPEAR ON FOLLOWING PAGES] 2 2 APPROVED AS TO FORM AND CITY OF FO WOR '" LEGALITY: Assistant City Attorney andle H oo , Direc r [No M&C Required] Planning and Development ASSIGNOR: ASSIGNEE: RON INVESTMENT, LTD. HOUSTON STREET PARTNERS, LP, a Texas limited partnership a Texas limited partnership By: RON PROPERTIES, LC, By: 901 HOUSTON ST ET LLC a Texas limited liability company, a Texas limite i y company its general partner its general r By: "Taylor G• g By. -- y, Manager Richard O�FORrnnal er, Jr, Member 0�11�oo11011o11`'Y� �p O by. v a o XX kSSIGNEE: 0011 00-�c�dANS REAL ESTATE, LTD 00 1100 a Texas limited partnership J. Kayser, City By: tit PROPERTY LC ity company By: er ----- OFFICIAL RECORD! E NCITY SECRETARY O M&C REQUIRED FT. WORTH, TX STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Randle Harwood, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Fort Worth, a municipal corporation of Tarrant County, Texas, for the purposes and consideration therein expressed. +i Given under my hand and seal of office this the S day of— 1q 1" -- 2012. IRMA SAENZ Notary Public in and for Notary Public The State of TEXAS t STATE OF TEXAS My comm.Exp.Jan.28.2016 Name 5 me pri nted [NOTARIAL SEAL) My Commission Expires: t j J 2 Y) 1; • STATE OF TEXAS § COUNTY OF 7-q-AWW § 1, the undersigned authority, a Notary Public in and for said county and in said state, hereby certify that Taylor Gandy, the Manager of Ron Properties, LC, a Texas limited liability company, the general partner of Ron Investments, Ltd., a Texas limited partnership, and who is known to me, signed the forgoing instrument and acknowledged before me on this day that, being informed of the contents of the instrument, he, as such duly authorized Manager, executed the same voluntarily for and on behalf of both said limited liability company and limited partnership. Given under my hand and seal this the --��hday of ary_ Public, State of T xas Name printed My Commission Fxpires:__ —Jul-0?0/1 LINDA MENZ1 wrMntlmcartaaulw —=014 4 STATE OF TEXAS § COUNTY OF j § 1, the undersigned authority, a Notary Public in and for said county and in said state, hereby certify that Richard T. Baumeister, Jr, Member of 901 Houston Street Partners, LLC, a Texas limited liability company, the general partner of Houston Street Partners, LP, a Texas limited partnership and who is known to me, signed the forgoing instrument and acknowledged before me on this day that, being informed of the contents of the instrument, he, as such duly authorized Member, executed the same voluntarily for and on behalf of said limited liability company. Given under my hand and seal this the V` day of 2012. JESSICA FREEMAN Notary blic, State o 'exas NOTARY PUBLIC.STATE OF TEXAS 11y Comm.EV.:October 11,2015 Nam printed My Commission Expires: �� STATE OF TEXAS § COUNTY OF —Zq -j ' § 1, the undersigned authority, a Notary Public in and for said county and in said state, hereby certify that Adam Smith, the Manager of Adam Smith Property Management, LLC, a Texas limited liability company, the general partner of ANS Real Estate, Ltd., a Texas limited partnership, and who is known to me, signed the forgoing instrument and acknowledged before me on this day that, being informed of the contents of the instrument, he, as such duly authorized Manager, executed the same voluntarily for and on behalf of both said limited liability company and limited partnership. Given under my hand and seal this the day of , 2012. JE FREEMAN Nota u lic, State s NOTA� LEII;;-STATE Of TEXAS y^n Ex� Oacre-t7,2015 Name printed ------ --------- —L��6����W� My Commission Expires: JESSICA FREEMAN NOTARY PUBLIC STATE OF TEXAS o►��`� My Comm.E*.:Od*w 11,2015 5 n - o- 30 CITY 3ECAE_TARY� �� CON RAGT No. --=..-L..r_.L - 1 3 CONSEW AGREEMENT 8 STATE Or TEXAS s 8 Q couwy or TARP-mm 6 5 _ T8n AGREEMaMT is stade and entered into by and between the City of Fort Borth, a municipal corporation of Tarrant County, 0 Texas, acting herein by and through its duly authorised City Manager or duly -designated Assistant City Manager, hereinafter referred to as the OCitro, and RD IV ,�I Um-Lrh-L 5, LTD i acting herein by and through its duly authorised _ PC r-S t d�r�"E` _, hereinafter referred to as *Grantees. x � Tass �, E �ca For and in consideration of the payment by Grantee of the application charge net out below and the tram and faithful per- formance of the mutnai covenants herein contained, City hereby grants to Grantee perm"sion to encroach upon, use and occupy portions of the space under, or and/or above the streets, alleys, s dewalks and other public rights-of-way as follows$ 6-S- -1 k m LA i •ACS/TRC- TARRANT Doc: 000109596 Data- 04/30/1999 Vol : 0013788 Page: 00516 Page: 1 Of 14 EXHIBIT "A" ♦ I f t • 1 The location and description of said encroachssent is More particu- laxly described in Exhibit *Ae, attached hereto, incorporated ' e QQ herain and made a part hareof for all purposes. llll construction, maintenance and operation in connection With such encroachsisnt, use and occupancy shall be perforsud in strict compliance with the Charter, Ordinances and Codas of the City and in accordance with the directions of the- Director of Transportation and Public works of City,- or-his duly authorised representative. All plans and specifications therefor shall be subject to the prior written approval of the Director of Transportation and Public Works, - or his duly authorised repraaan- tative, but such approval shall not relievs Grantee of responsi- bility and liability for concept, design and computation in the preparation of such plans and specifications. 3. Opon completion of construction and thereafter, there shall be no encroachments in, under, on or above the surface area of the streets, alleys, sidewalks and other public rights-ot-way involved, except as described herein and shown on the hereinabove referred to Exhibit else. � 4. Grantee, at no expeaee to City, shall make proper provision for the relocation and/or installation of any existing or future Z •ACS/TRC• TARRANT Doc: 000109596 Date: 04/30/1999 Vol: 0013788 Page: 00516 Page: 2 Of 14 �1 utilities affected by such encroachment use and occupancy, including the seeurinq of approval and consent frog the utility companies and the appropriate agencies of the State and its Polite. Leal subdivisions. in the event that any installation, reinstal- lation, relocation or repair of any existing or future utility� Y or ULspravestents owned by, constructed by or on behalf of the public 3 or at public expense is made more costly. by virtue of the con- struction, maintenance or existence of such encroachment and use, Grantee shall pay to City an additional amount equal to such additional cost as determined by the Director of Transportation and Public Works of the City, or his -duly authorimed representa- tive, 5. City may enter and utilize the referenced areas at any time for the purpose of installing or maintaining improvements nec&s- nary for the health, safety.- and welfare of the public or for any other public purpose. in this regard., City shall bear no respon- sibility or liability for damage or disruption of improvements installed br Grantee or its successors, but City will make reason- able efforts to minimise such damage. 6. i In order to defray all costs of inspection and supervision i which City has incurred or night incur as a result of the con- struction or maintenance of the encroachments and uses provided for by this agreement, Grantee agrees to pat to City at the time this agreement is executed an application charge in the sus of Dollars (sq$S 00_) . 3 •ACS/TRC• TARRANT Doc: 000109596 Date: 04/30/1999 Vol: 0013788 Page: 00516 Page: 3 Of 14 7 . The initial term of this agreement shall be thirty (30) 0 years, comsMsncing oa the date this agreement is executed. 5 e. Upon the tormiaation of this agr**"nt for any reason what- Q soewr, Grants shall, at the option of City and at no • n xpense to r� City, restore the public right-of May .and adjacent supporttnq structures to a condition acceptable. to the Director of Transportation and Public Works, or his duly authorised reprq- sentative, and in accordance with then existing City specifica- tions. 9 It is further understood and agreed between the parties hereto that the City streets, alleys, sidewalks and other public rights-of-4my, including the portions of such streets, alleys, sidewalks and other public rights-of-way to be used and encroached upon as described herein, are held by City as trusts* for the public= that City exercises such porters over the streets as home been delegated to it by the Constitution of the state of Texas or by the Legislature= and that City cannot contract away its duty and its legislative power to control the streets for the use and benefit of the public. It is accordingly agreed that if the governing body of City, to wit, its City Council, should at any time during the term hereof determine in its sole discretion to use or cause or pexuLt the said portions of the streets, alleys, sidewalks and other public rights-of-ways to be used for any other public purpose, including but not being limited to 4 •ACS!TRC• TARRANT Doc: 000109596 Date- 04/30/1999 Vol: 0013788 Page: 00516 Page: 4 Of 14 Y 3 8 undergrouAd, surface or overhead communication, drainage, san1. tasy se"Menge, transsission of natural gas or electricity, or any Other public purpose, whether p"aently contemplated or not, than this agree"ent shall be autowstically cancelled and terasinated. d Grantee understands and agrees that the granting of asst encroachment hereunder is not sisant to' convey to Grantee any right to use or occupy Property in which a third party may have an interest, and Grantee agrees that it will obtain all necessary permission blifore occupying such property. ' 11. Grantee agrees to cossply :fu.11y with all applicable federal, state and local lams, statutes, ordinances, codes or regulations in connection with the construction, operation and maintenance of said enaro mkments and uses. x2. Grantee agrees to pay p=mptly when due ail fees, tmms or rentals provided for by this agreswent or by any federal, state or local statute, law or regulation. 13. Grantee 00v*nants and agrees that it shall operate hereunder as an Independent contractor as to all rights and privileges granted hereunder and not as an officer, agent, servant or employee of City= that Grantee ■hall have exclusive control of and the wWlusive right to control the details of its operations, and all parsons performing sane, and shall be solely responsible for the acts and omissions of its officers, agents, servants, 5 •ACS/TRC• TARRANT Doc: 000109596 Data: 04/30/1999 Vol: 0013788 Page: 00516 Page: 5 Of 14 i �7 ssployses, contractors, subcontractors, licensees and invitees, g that the doctrine of respondent superior shall not apply as A 5 between City and Grantee, its officers, agents, servants , eIsployees, contractors and subcontractors, and nothing herein shall be construed as creating a partnership or joint enterprise between City and Grantee. 6 14. Grantee covenants and agrees to indesnify, and does hereby indemnify, hold harmless and defend City, its officers, agents, servants and employees, from and against any and all claims ar suits for property damage or loss and/or personal injury, including death, to =a»y-.:and all persons, of whatsoever kind or character, whether real or asserted, arising out of or in connec- tion Kith, directly or indirectly, the construction, maintenance, occupancy, use, existence or location of said encroachment and uses granted hereunder, -whether or not caused, in whole or in part, by alleged negligence of officers, agents, servants, eMployees, contractors, subcontractors, licensees or invitees of City; and Grantee hereby assumes all liability and responsibility for such claims or suits. Grantee shall likewise assume all liability and responsibility and shall indesaLty City for any and � all injury or damage to City property arising out of or in connec- tion with any and all acts or omissions of Grantee, its officers, a ts, servants, em to g� p yeas, contractors, subcontractors, linen- , sees, invitees, or trespassers. 6 •ACS/TRC• TARRANT Doc: 000109596 Data: 04/30/1999 Vol: 0013788 Page: 00516 Page: 6 Of 14 1 Ag Grantee agrees to furnish City with a Certificate of Insuranoa, nasing City as certificate holder, as proof that it has secured and id for a 5 Pa policy of public liability insurance E�13 Covering all public risks related to the proposed use and occupancy of public property as located and described in txhibLt- all•. The amounts of such insurance shall be 7 not less than the foilowinge Property damage, per occurrence $100,000 Bodily injury, ,per person $250.000 I Bodily injury or death, per occurrence $5001.000 with the understanding of and agreement by Grantee that such insurance aaauuts shall be revised upward at City,,* option and that Grantee shall *so", "wise such amounts immediately following notice to Grante* of such requirement. Such insurance policy shall provide Chat. it cannot b*-r.cancelled or ascended without at least ten (10) days' prior written notice to the Building Official of the City of tort North. A copy of such Certificate of Insurance is attached as Exhibit "so. Grantee sprees to submit A. eisailar Certificate of Insurance annually to City on the anniversary date Of the execution of this agreement. Grants* agrees, binds and obligates itself, its successors 1 and assigns, to maintain and keep in force such public liability j insurance at all times during the term of this agreement and until the removal of all encroachments and the cleaning and restoration of the City streets. All insurance Coverage required herein shall include coverage of all of Grantee's contractors. 7 •ACS/TRC• TARRANT Doc: 000109596 Data: D4/30;1999 Vol: 0013788 Page: 00516 Page: 7 Of 14 la. Grantee agrees to deposit with City when this agremaent is executed a sufficient sus; of money to be used to pay necessary E■J fees to record this Consent Agroswent in its entirety in the deed records of Tarrant County, Te"As. After being so recorded, the original hereof shall be returned to the City Secretary of the ■ City of Fort /forth, Texas. 17. in any action brought by City for the enforcement of the obligations of Grantee, City shall be entitled to recorer interest and reasonable attorneys, foes. 18. Grantee co enants and agrees that it will not assign all -or any of its rights, privileges or duties under this contract with- . A out the prior written approval of City, and any attempted assign- sent without such prior written approval shall be void. 19. This agseemeat shall be binding upon the parties hereto, their successors and assigns. tU //,,�� � Tm this . day of 1d&AJ CnT IT GRANTOR I�U1YZ'.sidQr�.r.*er� .Cry 8y� s/���ti� ic�+b► G.�ec-p- % 'Groom- , Asst. City Manager i+ h ;. , .} y Contract Authorization ��.. As TO uuo LIIGALrTY v Date at Datee 8 a •ACS/TRC• TARRANT Doc: 000109596 Data: 04/30/1999 Vol: 0013788 Page: 00516 Page: 8 Of 14 1 �j STATE Of TRXAs ' 8 COUNTY Ot TKRRANT MORE ME, the undersigned authority, a Notary Public in and for the State of texas, on this day M1 ke Groomer known to anent to 1 beathe p*: �_ no" is subscribed to the foregoing instrument , and acknowledged h to me that he/she executed the swAe for the purposes and consider- O atioa therein expressed, as the act and deed of the City of Fort a north, and in the capacity therein stated. VBN UNDER MY RAND MM, SZAL OF OFFICE this ��y of W o� the aStatebof a as for WdTAIW✓ w of TMNSa Pq Caww Ems.o1�#OOS i I 9 •ACS/TRC'- TARRANT Doc: 000109596 Date: 04/30/1999 Vol: 0013788 Page: 00516 Page: 9 Of 14 i 3 STATE OF TEXAS COUNTY OF TARRANT I4 S BEFORE ME, the undersigned authority, a Notary Pub a. i and 1 or th state of Texas, on this day personally appears L elm fl( i known to me to be the �7 name is bscribed to the foregoing instrument, and acknowledgedse ■ to me that he/she executed the same for the purposes and consider- ation therein expressed, as the act and deed of and in the capacity therein stated. GIVEN CINDER MY RAND A„ EAL OF OFFICE this c� day of ota Public in as for the tat* of Texas TARYA AMR* �Sphft d ty W Comm.E1p."=4W3W i i 10 -ACS/TRC- TARRANT Doc: 000109596 Date: 04/30/1999 vol: 0013788 Page: 00516 page: 10 Of 14 Tdt i 5 lil I w f rMON.SOMMIN 'Aft K„ ram 1 1 1 1 f 1 •ACS/TRC• "'ARRANT Doc: 000109596 Date: 04/30/1999 Vol: 0013788 Page: 00516 Page: 11 Of 24 3 .r o - S b S r/ y r ` 000 ff •ACS/TRC• TARRANT Doc: 000109596 Date: 04/30;1999 Vol: 0013788 Page: 00516 Page: 12 Of 14 �coRQ,. � e.,.r•+•�1 OEM T THIe aERT1FiCR'iE to iGEi1EE) A TTEh of 03 De 9 . G is R Insurance Agency, Inc. ONLY ANN COMM" MO REOwfTE UP a 11# CIERTIFICATE 6464 Brentwood Stair Rd ALM TM � NY NW AUM suite l01 8 Fort Worth, TX 76112-3282 ooMM W awe A c t da a Insurance Compa s Ly caaw�arw Ron Investments, Ltd./The Hogan Building c/o RPM Commercial cai.ww 811 Lamar, Suite 300 c Fort Worth, Tx 76102 CO~ 0 THD m TO COMFY THATTHE POUC"OF r4pumma UVW a6.ow HAVE WSW"M To 7W PlIftmD M"*0Aa0VE""*Po1.10Y�E}eoo y $=AT=N0TA4TWANVMq ANY REdU WMENT,TM ON o0NW*N OP AM'COHV V=on OTHER 00oUWff WnW Rf�PEOT TO wHCN THIb MU"CATE MAY EE WKW OR MAY PIERTAMR THE MAaJl1AMCE AFF0110M BY TH9 rOLICIEf DEED MOM 1s e111UlrOYT+D ALL THE m MI{, acLUMO0M AND ooNarttoNa of stkH PaLlcaas trans SHOWN WY HAVE sm MOM"w PW cwla WYN or Awa ,ouw.r.wa, •� s. �e.N 1 Nr+wrrn Tuiar�n oeaaaLAOOrrnAR� = 2 0 0 0 0 A X wwwoowoss+tweun CPS280416 11/08/98 05/08/99 00 rwooucn•oaArirrAaa =-1 a�swoE[$]ooa,a FsroHALa -ftAw► = 00 oi4ti ow>MCrows�ror EJ°+ • 1 0.00 00 FWO w* t 100'00C • 1 00 At10rpMlt uAwAJrr .. AMrMM � M1�IEDar+gEU+�1 • ALLC%WWAU= - - ,r ,rnr �oA�l10s �1orp►r�n.w • i4r1EDAUTCJ! 7+. PCOOO M wrce , • MAR Q 3999 �*r� uniwwwn Auroaar.ewA000r� • A►fr Mlto BY ' C1 - vl►�rww Atl1p arar. -_.- lAONACCJOSIT • Aare � ta41liAlA coAAA � � 0"40 Tww UMWM rcm r�wrwrrwa>Arswarww awo M--me U"W" r►a rworwe n" e�rcaaeraoeirr n"M ram aoraAN.rptrtw�r as�w art e>tn o�dwAwa•[A wwtior=e s otww iaaa P of 6PVAT*w=AOCAftOw&jn-&nApVjCk%Lcraw City of Fort Worth is named as an Additional Insured as respects General Liability. Res The Hogan Building, 901 Houston Street, Fort Worth, TX M�wN arr o�tfM s=oot wnpw�PpA,ie,p at COACUM mow rNt aM+w►no� an rwwew. nit Mme D*Mftw wwl 910aroa To wA& City of Fort Worth W-TM W"M re no ewrrACwn"MA races ro no up?. 1000 Throekmort on 9W VALYN ro was DKW wove=wau waoee wo ONiaargr ow MAW" Fort Worth, TX 76102 or Orr wwn OM JIM ODWW r w pw "E"Aswwm* wr�w= •ACS/TRC• TARRANT Doc: 000109596 Data: 04/30/1999 Vol: 0013788 Page: 00516 Page: 13 Of 14 I � 7 (} D199109596 C-y CITY PW DEVELOPMMT 007 x 1000 THROCIMRTON FT WORTH, TIC 76102 N I N G-THIS IS PART OF THE OFFICIAL RECORD--D O N O T D 8 8 T R O Y I N D B X 3 D -- T A R R A N T C O U N T Y T 8 X A S S V2ANN8 H BNDBR 80M -- COUNTY CLERIC O F F I C I A L R S C 8 I P T T 0: CITY Pw DBVBLOPNM 007 RBCBIPT no RaGISTER RBCD-BY PRINTED DATE TIME 199239251 DR96 A I D4/30/1999 14t2O INSTRU4ENT FSBCD INDEXED TIME 1 D199109596 WD 1999Q430 14:20 CG T O T A L t DOCUMMIPB: 01 P B B St 33.00 S Y: ANY PROVISION H � RENTAL RRSTHDICYB DRRRL MPERTY BCA OF COLOR OR IS INVALID AND UNNNFORCRABLB UNDER FEDERAL LAW. i r { •ACS/TRC• TARRANT Doc: 000109596 Date: 04/30/1999 Vol: 0013788 Page: 00516 Page: 14 of 14 Electronically Recorded Tarrant County Texas Official Public Records 2007 Mar 22 02:12 PM D207101358 Fee: $28.00 NOTICE OF TS: IF )WINREXCA NATURALi3MON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROMIHIS INSTRI�MtWff9�`�E IT IS FILED FOR RECORD IN THE PUBLIC RECORDS;.. YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED STATE OF;TEXAS § .` .. § KNOW ALL MEN BY THESE PRESENTS- COUNTY OF TARkANT.._--.. § THAT Ron Investments',Ltd. a Texas limited partnership("Grantor"), for and in consideration of the sum often Dollars ($10.00) and other good and valuable consideration, the receipt 4nd--sufficiency of which are hereby acknowledged and confessed, has GRANTED, BARGAINED, SOLD and CONVEYED and by these presents does GRANT I`BARGAIfN,:'SE'LL and CONVEY unto Houston Street Partners, LP, a Texas limitica 3.17tnership ("Grantee"), whose address for the purposes hereof is Ste 1250, 201 Main_S_treet,.Fart Worth, Texas 76102 AND to ANS Real Estate,Ltd., a Texas limited partnessliip whose address for the purposes hereof is Post Office Box 170397 Arlington,,Texas.76003-ag Tenants in Common as to One Half (1/2) each, in and to those certaiit.-tra"c18 or parcels of land located in Tarrant County, Texas, and being more particularly'iieseribed in Exhibit "A" attached hereto and incorporated herein by this reference for all purposes;{ogether with together with any right, title and interest of Seller in and to ariy eaki-0ents, rights-of-way or other rights appurtenant thereto and all and singular ibe i6pr6en tents, buildings, structures and fixtures located thereon or attached theret4.fall of-siich..land, improvements and property are collectively referred to herein as the "Property" .;..provided, however, that this conveyance is made and accepted subject to allthose.ceoain easements, covenants, restrictions and other matters more particularly, e§­C­r'i. in--Exhibit "B" attached hereto N and incorporated herein by this reference for all purposes,-to tlie extent that same are valid and subsisting and affect the Property(the 'Pe 0 J TO HAVE AND TO HOLD the Property,together.with-,Aiand singular the rights and appurtenances thereto in anywise belonging unto Grantee, its,successors and assigns forever; and Grantor does hereby bind itself, its successors and`ass'igns--to WARRANT AND FOREVER DEFEND all and singular the title to the Property•;t�ntq"Grantee, its successors and assigns, against every person whomsoever lawftil.ly claioling or to claim the Property or any part thereof, by, through or under Grantor, bt!1 iot otberwise; subject, however,to the Permitted Exceptions. For the same consideration, Grantor hereby conveys unto Grantees, a -interest, if any, of Grantor in strips and gores between the Property and abutting properties' any'-land lying in or under the bed of any street, alley, road or right-of-way, open or prppos' ed, abutting or adjacent to the Property; provided, however, this conveyance pursuant.-t4.this paragraph is made subject to all existing reservations from and exceptions to'title and is � made without express or implied warranty, and all warranties that might arise by`common law and the warranties in §5.023 of the Texas Property Code (or its successor) ar,er,hereby expressly excluded. EXHIBIT "B" Grantee assumes and agrees to pay taxes for 2007 and subsequent years. EXECUTED.effective as of the 15t'day of March, 2007. Ron Investments, Ltd., - a Texas limited partnership By: Name: //ft ,y Title: STATE OF TEXA$.....- § COUNTY OF T is ' strument was cknbw rch 15, 2007, by Investm s, td. on be alf of) . general partner of Ron . 'Notary Public, State of xas My Commission Expires Y :- '~' Carol. +} �y Mo�ryPublic State_6,Texas MyCOmm ExPiregYO/11/09, r' - _ Order No.2220000348 _ . p*oe ImI Exhibit A Lot 8-8, Block 114, ORIGINAL TOWN OF FORT WORTH, an Addition to the City of Fort Worth, ..-TAR, RANT County, Texas, according to the map or plat thereof recorded in Volume 333, Page 1, of the.,Plat-Records of TARRANT County, Texas, / � Order No.2220000348 Exhibit B C' Terms, conditions and stipulations contained in Party Wall Agreement dated August `28,.19-47, recorded in/under Volume 1937, Page 17 of the Real Property Records of TARRANT County,Texas, as noted on survey by James Paul Ward, RPLS No. 5606, dafed January 17,2007. 7-..-,T crr. conditions and stipulations contained in Historic Structures and Properties Designated "Demolition Delay"and "Highly Significant Endangered" by the City of Fort Agreement executed by and between the owners, and the City of Fort Worth, tlar d.Mays 13, 1997,filed May 28, 1997, recorded inlunder Volume 12779, Page 577 of the Real'pr�sperty Frecords of TARRANT County,Texas, as noted on survey by James Paul•Ward,APLS:Mp..S606, dated January 17,2007. 3. Terms,'conditions and'stipulations contained in Consent Agreement executed by and between City of'F6rt'Wo(th, and Ron Investments, Ltd.,dated April 27, 1999,filed April 30, 1999, racoorded inlunder Volume 13788, Page 516 of the Real Property Records of TARRANT C*4`pfy,'--Texas{.-as noted on survey by James Paul Ward, RPLS No. 5606, dated January 1T;X067; 4. Protrusion of building'•Q.vor the property line along the Northeasterly, Southwesterly and Northwesterly lina,as•shown,on survey by James Paul Ward, RPLS No.5606, dated January 17, 2067.',.--,.. 5. Protrusion of covered entry along'NQrtliwesterly line,as shown on survey by James Paul Ward, RPLS No.5606;Aa6d,..fanuary 17, 2007. 6. Protrusion of metal Walkway,stairs with fire.,escape, furnace and electric meter along Northwesterly line, as shown on survey by James Paul Ward, RPLS No.5606,dated January 17,2007. 7. Any encroachment, protrusion, or except.on..cotitained or referenced in the survey by James Paul Ward, RPLS NO. 5606,dated,January..17, 2007 or in the title commitment or Policy issued or to be issued by or through Comtrtonwealth Land Title Insurance Company. • wf l� Exhibit B-Encumbrances Page 1 of 1 Rev. 10103