Exhibit 10.50

COLDWELL BANKER ENCHANTMENT REALTY
501 SILVER HEIGHTS BLVD.
SILVER CITY, NM 88061
505 538-2931  800 456-3132  FAX 505 388-2606

REALTORS ASSOCIATION OF NEW MEXICO
COMMERCIAL ASSOCIATION OF REALTORS NEW MEXICO
PURCHASE AND SALE AGREEMENT – COMMERCIAL
 
 
1.
TERMS SUMMARY
 
Date of Agreement, i.e., date of full execution (for reference purposes and for
calculation of deadlines)   September 5, 2007.
 
This Agreement includes the property Disclosure Statement and: 

 

   
Addendum
   
Financing Addendum
X
 
Other (describe):  all equipment as seen on September 3, 2007

 
Offer Expiration Date:
 
Buyer:
Don Juan Restaurant
   
Seller:
Bowlin Travel Centers, Inc.

 
Property:
   
Address:
813 S. Main Street, Lordsburg, NM  88045  
Legal Description:  
Part of SEQSEQ, Sec 32, tzz, R1Y

 
Purchase Price:
 
$ 95,000
 
Earnest Money:
 
$ 500 (upon acceptance)
         

 

Title Company:   
Hidalgo County Abstract        
      
115 Shakespeare, Lordsburg, NM  88045        
  Phone:   
505-542-9181 
  Facsimile:      Email:     

 
Inspection Period:
No

 

Survey Type:      
ALTA
     
Boundary
     
Other (describe):
   

 
To be obtained and paid for by:
      Buyer       Seller

 
Environmental Site Assessment:
     
Phase I
     
Phase II
     
Other (describe):
 

 
To be obtained and paid for by:
      Buyer       Seller

 
Closing Date:
 
October 5, 2007
 

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SELLER
 

Bowlin Travel Centers, Inc.   By: /s/ Kit Johnson, Director of Operations  Kit
Johnson   Name (Print)  

150 Louisiana Blvd, NE
Albuquerque, NM  87108
  Address     (505) 541-9101
(505) 523-1013
kitj@bowlintc.com
Phone
Fax
Email Address

 

BUYER

By: /s/ Juan Tellez Juan Tellez Name (Print)  

PO Box 650
Bayard, NM  88023
  Address     (505) 313-7759
 
 
Phone
Fax
Email Address

 
 
 
2

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