OR
WRITTEN, PAST, PRESENT OR FUTURE, OF, AS TO, OR CONCERNING (i) THE NATURE AND
CONDITION OF THE PROPERTY, INCLUDING, WITHOUT LIMITATION, THE WATER, SOIL AND
GEOLOGY, AND THE SUITABILITY THEREOF AND OF THE PROPERTY FOR ANY AND ALL
ACTIVITIES AND USES WHICH GRANTEE MAY ELECT TO CONDUCT THEREON, AND THE
EXISTENCE OF ANY ENVIRONMENTAL HAZARDS OR CONDITIONS THEREON (INCLUDING THE
PRESENCE OF ASBESTOS) OR COMPLIANCE WITH APPLICABLE LAWS, RULES OR REGULATIONS;
(ii) EXCEPT FOR ANY WARRANTIES OF TITLE CONTAINED IN THIS DEED, THE NATURE AND
EXTENT OF ANY RIGHT-OF-WAY, LEASE, POSSESSION, LIEN, ENCUMBRANCE, LICENSE,
RESERVATION, CONDITION OR OTHERWISE; AND (iii) THE COMPLIANCE OF THE PROPERTY OR
ITS OPERATION WITH ANY LAWS, ORDINANCES OR REGULATIONS OF ANY GOVERNMENTAL OR
OTHER BODY. GRANTEE ACKNOWLEDGES THAT IT HAS INSPECTED THE PROPERTY AND IS
RELYING SOLELY ON ITS OWN INVESTIGATION OF THE PROPERTY AND NOT ON ANY
INFORMATION PROVIDED OR TO BE PROVIDED BY GRANTOR. GRANTEE FURTHER ACKNOWLEDGES
THAT ITS INFORMATION WITH RESPECT TO THE PROPERTY WAS OBTAINED FROM A VARIETY OF
SOURCES, AND GRANTOR (x) HAS NOT MADE ANY INDEPENDENT INVESTIGATION OR
VERIFICATION OF SUCH INFORMATION; AND (y) DOES NOT MAKE ANY REPRESENTATIONS AS
TO THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION. THE SALE OF THE PROPERTY AS
PROVIDED FOR HEREIN IS MADE ON AN "AS IS," "WHERE IS" BASIS AND "WITH ALL
FAULTS", AND GRANTEE EXPRESSLY ACKNOWLEDGES THAT, IN CONSIDERATION OF THE DEEDS
OF GRANTOR HEREIN, EXCEPT AS OTHERWISE SPECIFIED HEREIN, GRANTOR MAKES NO
WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, OR ARISING BY OPERATION OF LAW,
INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY OF CONDITION, HABITABILITY,
MERCHANTABILITY, TENANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, IN RESPECT
OF THE PROPERTY.
Real estate ad valorem taxes and all other taxes, assessments and standby fees
against the Property for the year 20____ have been prorated between Grantor and
Grantee as of the date hereof, and by Grantee's acceptance of this deed, Grantee
assumes and agrees to pay prior to delinquency thereof such ad valorem taxes.
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EXECUTED on this the ___ day of ____________, 20__, but effective for all
purposes as of ______________, 20__.
GRANTOR:
________________________________,
a _____________________
By:_______________________________
Name:_____________________________
Title:______________________________
Address of Grantee:
_______________________________
_______________________________
_______________________________
THE STATE OF TEXAS
§
§
COUNTY OF _________
§
This instrument was acknowledged before me on _______________________, by
______________, _________ of _____________________, a________________, on behalf
of said __________________.
____________________________
Notary Public in and for the
State of ___________
My Commission Expires:________
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EXHIBIT A
TO SPECIAL WARRANTY DEED
Legal Description
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EXHIBIT B
TO SPECIAL WARRANTY DEED
Permitted Exceptions
1.
Any discrepancies, conflicts or shortages in area or boundary lines, or
any encroachments, or any overlapping of improvements, and all other matters
that a true, correct and complete survey would reveal.
2.
Taxes and assessments for current and subsequent years not yet due and
payable and subsequent assessments for the current and prior years due to a
change