special warranty deed - klm-t to klm-lp

7/28/2019 Special Warranty Deed - KLM-T to KLM-LP

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Texas Land Records and County Records

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KNOW AI.L IV1EN BY THESE PRESENTS

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STATE OF TEXAS

COUNTY OF KLEBERG

, a Texas non-profit trust, a/k/a Kingsville15, Suite 500, San Antonio, Texas 78217tion, the receipt and sufflcicncy of which arereby GRANT, CONVEY. ASSIGN and DELIVERxas limitcd partncrship, of 8610 North Ncwl7(''Grantee''), fee simple title in and to the

The rerl property lo€Eted Kleberg County, Texas more Darticutarly dcscribed orr

Exhlb_flJ, attached lrereto and incorporaled herein by reference, togeJhcrr with allrigh(9, interests, tenements, herq{|13rnents. appurtenances, easements, rights-of-way, urstar and water riqhts, licenses ard other rights or benefits now or here.'t[]erbelotrgirg or appertaining thereto (collectively, the "Land"); and all of the buildings,structu-es, fixtures, facilities, installations and other improvements of every kind anddescrip:ion now or hereafter in, on, over ond under the Land, inclr-rding, ruithoutlimrtatlon, ony and utl plurnblng, air conditioning, heuting, ventilating, mcchanacal,

electricll and other utrlity systcrns, parking lots and facilaties, landscaping, roadways,sidewal<s, swimrning pools and other recrcatlonal Facilities, security deviccs, signsBnd light frxturos [colJcctively. the ''Improvements", tho Land and Improvomentsaro collsctivcly referred to as the "Property"),

This corveyance of the Propcrty is madc subject to rnaHers ull mattcr:; filed in (hcReal Propcrty Records of Klcbcrg County, Texas, that affect the tand (the "PerrnittedEncumbrances').

Of the :onsideratiorr hereinabove recitcd, a portion thereof ls cornprlscd of a loan toGrantee at thF special ,nstance and requesI and upon the express prornise of Gran[ee torepay to Enter:rise Cornmunity Loan Fund, Inc. ("Mortgagec"), the sr;m evidenced by thatPromissory No:e irr the stated principal amount of $1,000,000.00 (thc ''Notc'). dated on orabout the date hereof. executed by Grantee and payable to Mortgagee, bealng interesl at[he rate or rat)s as therein provided. To s€cure Paynlent of a portion ofthe Note used foracquisition ($975,OO0,00), a verldor's lien and superior title ore retained against the

Property until:he NDt@ and all interest [hcreorr aro fully paad and salisfied according to (heNote's face, tc rcrr, effect and readirl9 Ln addition to said vendor's lien rotained herein, theNotc is s(icurec by, arneng other things. tlrat Multifamily Deed of Trust, Assignmerrtof Rerrtsand Security Agreeflrent arrd Fixture Frling dated of even date with the Note, covering andaflccting the Froperty. The vendor's lien and superior title rcttrined in this rnstrument areheretry assignrd to Mortgagee.

TO HAVE AND TO I]OLD the PropertY, toqether lt{ith all and singulsr the rights andappurtenances thereto in anywas,e belonging, unto Grantee and itr succesgors and asstgns,forevcr, ond G'antor does hereby bind itself and its successors to warrant forever defend alland sirtgtrlartfe Property unto Grantce and its successors arrd assigns against every personwhortrsoever lawfully clairning, or Lo claim Lhe sarnc, or any part thercof by. through oruncler Grantor buE not otherwise; subjeit, however to the Permitted Encumbrances. lNWITNESS II/HEREOF, Granlor exerutes this SpccialWarranty Deed on the following page tobe effective as of the date hereinafter stated.

Special Warrarty Deed -

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Execrted to be effective June 19 , ,oou.

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GRAtITORT KINGSVILLE LULA€ HANOR TRUST,a Texas non-profit trtrst

couNTY ot &rrqr5qE

STATE OF T=XAS

This iistrLtment was acklrowledged h€fore me on thisOsgar Moran, Trustee of Kingsville Lul-AC Manor Trust, a

t:ehalf of sair trust.

le-\*, or Jrtne, 2oog,Tcxas non-profit trust,

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,\,, I t:II IIt,('{)RDI\G PI.EASE NETUR\ TO( lllCAGO l'l'rl.]- l)ilrRr\I(:l: COf,tPANY2?0 \. l-ooP '160.1 [As'r srE r00

sAX ANTOrlorTx ?E2t1

Sp€caal Warranty Deed -

Oscar Mor.rn, Trrtstee

Statc of Texas

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EXHIBIT A

LAND

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Texas Land Records and County Records of 5

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IXHIBIT ^4"

LE GAL O}. SCR I P I' I ON

11.00G ;cres out of Farm LoIs'11 and 12, Sect-icrr 6, Klcbcrg Town and

lmprD\reaents Cnnpany'S SLrhdiviSion, KlehenC Cornty. Ter:ts, ;tnd t.hir; trl;rl. (tfLrrlac Frrk is r'ef,orded in Volume 4, Page 22, Cahirret t, Envelope 1O5. inr.he fiap r-*cor-ds oF Kleberg County, lExos. atld bcing mol-c particularlydr:scrib+d as follows:

BtGlNNl,lG ot o 1>oint bcirrg thc south$c5t corncr- of this psrccl anrl bcirrqthe int:rsection of thc Last right of-w,Sy of 17th Street and th€ Northright-o-'-rray l ine of Erookshire Drive;

THENCF; NDrth a lo(a!l tlisLrrrce Or 848 OO tlortg r.hc East rigfit or ray lincuf 17Llr SLrt;cL Lu il PoirL beirlg Ure Nol'Lt)lD5t curllcl- of this Pdrccl;

IHENCE; East a EoEal distance of 88O.OO feeE to a point beinq tlle Nol-theastcor-ner )F this Parcel ;

IilLNl"L; South n total dtst..rnce ul'3uB,LXJ l(-L to ir JJ()rnl lot'it c{-rrrurr';

THENCE; West o total distance of 580,00 fcct to a Potnt For a corllcr;

THENCE: Srxlth a total distarrcc ot 460.00 ficct to a Parcel for.r col-lrcr alldt)c irrll o r tllc North r igltt -rrf -uay I i rp of Brooksh i re Dr ive :

TIIENCE: We-st_ a tor.at distancc of 300 00 feei- t-o the P0 INT 0F BEGINIIING

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Texas Land Records and County Records of5

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CLABISSA M. MOBSNO

I'HE STA:II OF TEX.{S. C]OI-IN TY O}' KI.F.IIT.RG. I IIEITEBY CERTIFY TIIAT.IHlS IJ{STRUI\IE]{T }VAS FILED ON THE DTTE AND.I'II\IE S'I'A!\IPF-O

HIIREON lY hIE -,\ND }VAS DLILY RIJCoIIDI,I) lN 'tI{E' OI'FICIIAL RT'IC(}RDS

O}' KI,E.BE RG C:O UNTY. E,XAS

vo,- 3 qL -_AGE I ltA

JI.JN 2 4 2008RECORDING D,tTE

<_" A?^^*LEO ALARCON

COIINTY CI,ERK, KI,EBE,R.G COU\TY

ANY I'ITO\'lSIOTS IUJR-NIN WIIICil-NGSTRICTS TiIE SAI 'F" RE}T'\L' OR

USE, OT THR t)f,S(JRIIIEII R.E.AL PROPERTY BECAUSE OF COLOR OR

R^CF ]NI:AT.IT'^ND

ENFORCEABI-E UNT}ER F'EDERAT, I.AW

RE ] UI{N 'I'O;

KI- E.BER(; C O t-] N]-Y TITLE

2'16E. KLEBERG

KIN(}SVII,I,E, TNXAS 7836.3

R-t C()R l) lil R S NlE -\IORA-r* DU)l :

ALI_ ()R l'!R I ()1.' A .\O('ttt. sti(.rJRt'r'r NIillIRF.n', IE CON',[_{INF-D lN THIS IIO(jUl\{EN'r.

NrAy HAvf BEEN lttllAc'l'ED. I'E,X. (:()V"r (loIlE sEC' 551.1{7 ft) rHv. COUNTY CLERKIll:\) RiDACT A LIVING PI,X$ON'S SOCI.{L SFiCt.ltrrrY NUtIBEtt If R()ilI ANY OR

AL- DO(]t]M}--\'I S (]()N I AI-\I':I) FOR DISCLORI BY KLEBERG COI;,\,I.Y.

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special warranty deed - klm-t to klm-lp

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