Document:

EXHIBIT 10.39

    EXHIBIT
      10.39

    

    REAL
      ESTATE CONTRACT

     

    
      
        	THIS
                CONTRACT IS MADE in triplicate this	 	
                15th

              	 	
                day
                  of 

              	 	
                August,

              	 	
                2006,

              
	
              	 	
                

              	 	
              	 	
                

              	
              	
                

              

      

    

    
      	by
              and between	
                 Bowlin
                Travel Centers, Inc.   
                

              

            

    

    
      
        	
                     A
                  Nevada Corporation

                
                  

                

              

      

      
        
          	whose
                  address is	
                     150
                    Louisiana NE, Albuquerque, NM 87108 
                    

                  

                

        

      

    

    
      	hereinafter
              called the Seller, and	
                      Teak,
                LLC, a New Mexico Limited Liability Company

              
                

              

            

    

    
      	whose
              address is	
                      PO
                Box 925, Mesilla Park, NM 88047

              
                

              

            

    

    hereinafter
      called the Purchaser. Whenever a masculine pronoun is used, it shall also be
      considered as referring to the female gender and plural pronouns, whichever
      is
      proper.

     

    1.  
      SALE: The Seller, in consideration of the promises and agreements herein made
      by
      the Purchaser, agrees to sell and convey to the Purchaser the following
      described real estate, hereinafter called the Property, in the County of Dona
      Ana and State of New Mexico:

    

    Lot
      2
      Bowlin Tracts, in the County of Dona Ana, New Mexico, as the same is shown
      and
      designated on Plat No. 3587 thereof filed for record in the Office of the County
      Clerk of said county on March 26, 2002, and recorded in Book 20 page 41, Plat
      Records.

    

    Subject
      to reservations, restrictions and easements of record.

    

    The
      Seller agrees, upon completion of all terms and conditions of this contract
      by
      the Purchaser, that the Purchaser shall then receive the Warranty Deed and
      related documents placed in escrow with this Contract.

    

    2.  
      PRICE AND PAYMENT: The Purchaser agrees to buy the above-described Property
      and
      to pay Seller therefore the total sum of     Sixty-seven
      thousand five hundred and no/100       Dollars
      ($   
      67,500.00   
      ),
      payable
      as follows:     Thirteen
      thousand two hundred fifty and no/100    Dollars
      ($   
      13,250.00   
      ),
      cash
      down payment, the receipt of which is hereby acknowledged, and the balance
      of    Fifty-four
      thousand two hundred fifty and no/100    dollars
      ($   54,250.00  
      ),
      payable as follows:

    

    the
      balance of $54,250.00 is due and payable in 20 equal quarterly installments
      in
      the amount of $3,398.33 each, including interest, at the rate of 9.0% per annum.
      Commencing on the 15th day of November, 2006 and continuing on the 15th day
      of
      each February, May, August and November of each and every year thereafter until
      all principal and accrued interest is paid in full.

    

    The
      payments as above provided shall be paid to the escrow agent and continue until
      the entire unpaid balance of the purchase price (exclusive of any prior lien
      or
      obligation being assumed) plus any accrued interest due to the seller is fully
      paid. Said unpaid balance shall bear interest at the rate
      of     Nine
      point zero   
      per
      centum (  9.0 
      %)
      per
      annum from the effective
      date        August
      15, 2006    .    

     

    APPLICATION
      OF PAYMENTS:   Check
      and
      initial only one of the following two paragraphs.

     

    
      	(a) 	 	
               

              Initials

              ____________

              ____________

              ____________

            	 	
              Payments,
                excepting prepayments, shall be
                applied to regularly scheduled installments in the order in which
                the same
                were due and shall be credited as though the payments were made on
                their
                respective due dates.

            

    

    
      

      
        	(b) 	 	
                XX

                Initials

                /i/      
                  TJ            

                /i/  
                  MLB            

                ____________

              	 	
                Payments
                  shall be applied as of the date of
                  receipt by Escrow Agent first to accrued interest then to principal
                  balance of this Contract.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

    

    All
      payments shall be assumed to be regular payments, and not prepayments, unless
      otherwise specified by Purchaser in writing at the time of delivering such
      payments to Escrow Agent. Unless otherwise provided, Purchaser may prepay the
      unpaid balance in whole or in part at any time. Any prepayment shall be credited
      first to accrued interest, then to the principal balance of this Contract
      exclusive of assumed liens or obligations, then to assumed liens or obligations
      as described in this paragraph. Notwithstanding any prepayments, Purchaser
      shall
      make the next regularly scheduled payments.

    Should
      Purchaser fail to make any of the payments or perform any other obligations
      required hereunder, including the payment of any assumed obligation, and if
      Seller’s attorney makes written demand therefore pursuant to Paragraph 5 below,
      the Purchaser shall pay within the time allowed the additional sum of
      $   150.00   ,
      unless
      otherwise stated, for Seller’s attorney’s fees.

    The
      following lien(s) or obligation(s) is currently outstanding on the
      property:

    
      	Type of Lien or Obligation
              Holder 	 	Loan Number	 	Recording Data: Book &
              Page
	 	 	 	 	 
	
                      None

            	 	 	 	 

    

     

    IF
      ANY LIEN(S) OR OBLIGATION(S) IS/ARE CURRENTLY OUTSTANDING ON THE PROPERTY,
      CHECK
      AND INITIAL ONLY ONE OF THE FOLLOWING THREE PARAGRAPHS. ONLY THAT PARAGRAPH
      SHALL APPLY.

    
      
        	
                (a)

                
                  Initials

                  ____________

                  ____________

                  ____________

                

              	 	
                Purchaser
                  assumes and agrees to pay the
                  above-mentioned prior lien(s) or obligation(s) in accordance with
                  its/their terms. Purchaser shall make the installment payments
                  on the
                  prior lien(s) or obligation(s), together with installment payments
                  on this
                  Contract, to the Escrow Agent named below, who will remit the payments
                  to
                  the person or company to whom they are payable. Purchaser shall
                  advise the
                  Escrow Agent of any change in the amount of the payment due on
                  any assumed
                  obligation(s). Failure to make such payments at the time required
                  shall be
                  a default under this Contract. At such time as the unpaid balance
                  of the
                  purchase price due the seller is fully paid, this Escrow shall
                  terminate
                  and the purchaser shall thereafter make the installment payments
                  on said
                  prior lien(s) or obligation(s) directly to the person(s) or company(ies)
                  to whom they are payable.

              
	 	 	 
	
                (b)

                
                  Initials

                  ____________

                  ____________

                  ____________

                

              	 	
                Purchaser
                  assumes and agrees to pay the
                  above-mentioned prior lien(s) or obligation(s) in accordance Initials
                  with
                  its/their terms. Purchaser shall make the installment payments
                  on the
                  prior lien(s) or obligation(s) directly to the person or company
                  to whom
                  payable. Failure to make such payments at the time required shall
                  be a
                  default under this Contract.

              
	 	 	 
	
                (c)

                
                  Initials

                  ____________

                  ____________

                  ____________

                

              	 	
                Purchaser
                  does not assume or agree to pay the
                  above described lien(s) or obligation(s). All payments due Initials
                  on
                  such lien(s) or obligation(s) shall be remitted by the Escrow Agent
                  to the
                  person or company to whom they are payable out of the payments
                  made by
                  Purchaser. If the payments due from Purchaser are insufficient
                  to satisfy
                  the amounts due to be made on the above-described lien(s) or
                  obligation(s), Seller shall pay Escrow Agent such additional funds
                  as are
                  necessary to keep such lien(s) or obligation(s)
                  current.

              

      

    

     

    Should
      Purchaser fail to pay any such installment payments prior to the same becoming
      delinquent, Seller may pay the same for the protection of the Property and
      his
      interest therein. Payment by Seller shall not be deemed a waiver of Purchaser’s
      default, and the amount so paid by Seller shall be immediately due and payable
      to Seller and shall bear interest until paid at the same rate as provided in
      Paragraph 2 above.

    3.
      PURCHASER
      TO PAY INSURANCE, TAXES AND PAVING LIENS, AND SELLER’S
      RIGHTS:

    (a)  
      Insurance.
      The
      Purchaser agrees to keep the insurable improvements upon the Property insured
      against the hazards covered by fire and extended coverage insurance, with an
      insurance company satisfactory to Seller in the sum of not less than
      $____________ for
      the
      benefit of Purchaser and Seller as their interests may appear, and furnish
      a
      copy of the insurance policy or certificate of the insurance policy to Seller
      annually prior to expiration of existing insurance.

    (b)  
      Taxes.
      Unless
      otherwise stated herein, the property taxes for the current year have been
      divided and prorated between Seller and Purchaser as of
      the
      date of this Contract, and the Purchaser is responsible for and will pay the
      taxes and assessments of every kind hereafter billed.  Purchaser
      will have the Property assessed for taxation in Purchaser’s name. Upon request
      by Seller, Purchaser will send copies of the paid tax receipts each year to
      Seller.

    (c)  
      Paving
      and Other Improvement Liens and Standby Charges.
      Unless
      otherwise stated herein, the Purchaser assumes any paving and/or other
      improvement lien and/or standby charges now assessed against the Property and
      agrees to pay all installments of principal and interest thereon that hereafter
      become due.

    (d)  
      Seller’s
      Rights.
      Should
      the Purchaser fail to pay insurance premiums, taxes and assessments, paving
      liens, improvement liens or standby charges, or other such matters prior to
      the
      same becoming delinquent, Seller may pay the same (but is not obligated to
      do
      so) for protection of the Property and his interest therein, Payment of such
      charges shall not be deemed a waiver of any default of
      Purchaser for failure to pay such charges, and such amounts as have been so
      paid
      shall be immediately due and payable to Seller, and shall bear interest until
      paid at the same rate as provided in Paragraph 2 above.

    4.  
      PURCHASER’S
      RIGHT, SELLER’S RETENTION OF INTEREST:

    Purchaser
      shall be entitled to take possession of the Property and retain possession
      unless and until Purchaser’s interests under this Contract shall be terminated
      by Seller as provided in Paragraph 5 below. Legal title to the Property shall
      remain in Seller’s name until this contract has been fully performed upon the
      part of Purchaser and the Warranty Deed delivered as specified.

    5.  
      SELLER’S
      RIGHTS IF PURCHASER DEFAULTS:

    (a)  Default
      Notice.
      Time is
      of the essence in this contract, meaning that the parties shall perform their
      respective obligations within the times stated. If Purchaser fails to make
      any
      of the payments required in Paragraph 2, herein, at the times specified, or
      fails or refuses to maintain insurance or to pay taxes, assessments or other
      charges against the Property, or fails or refuses to repay any sums advanced
      by
      the Seller under the provisions of Paragraph 3 above, the Seller may make
      written demand upon the Purchaser, with such notice to specify the default
      and
      the curative action required, at his address as follows:

    
      
        	PO
                Box 925
	
                

              
	Mesilla
                Park, NM 88047 
	
                

              

      

    or
      at
      such other address that Purchaser may designate by a notarized statement
      delivered to the Escrow Agent, which change of address will be effective on
      the
      seventh (7th) calendar day after receipt by the Escrow Agent.

    (b) 
      Manner
      of Giving Default Notice. Notice
      in
      writing shall be given by certified mail, return receipt requested, addressed
      to
      the Purchaser at the effective address for Purchaser as provided in Paragraph
      5(a), with a copy to Escrow Agent. Purchaser expressly acknowledges that notice
      to him by mail, in the manner above specified, is sufficient for all purposes,
      regardless of whether he actually receives such notice.

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (c) 
      Purchaser’s
      Failure to Cure Default Results in Termination of Contract or Acceleration
      of
      Entire Unpaid Balance.

    If
      the
      Purchaser fails or neglects to cure any default
      within      Thirty    
       ( 30 )
      days
      after the date Seller’s default notice is mailed, then the Seller may, at his
      option either declare the whole amount remaining unpaid to be then due and
      pro-ceed to enforce payment of the entire remaining unpaid balance, plus any
      accrued interest, together with reasonable attorney’s fees, or he may terminate
      Purchaser’s rights to the Property and retain all sums paid as liquidated
      damages to that date for the use of the property, and all rights of Purchaser
      in
      the Property shall thereupon end. If the final day for curing the default shall
      fall on a Saturday, Sunday, or non-busi-ness day of the Escrow Agent, then
      the
      period for curing the default shall extend to the close of business on the
      next
      regular business day of the Escrow Agent.

    Acceptance
      by Escrow Agent of any payment tendered shall not be deemed a waiver by Seller,
      or extension of the time for cure, of any other default under this Contract.
      In
      the event of termination, Purchaser hereby waives any and all rights and claims
      for reimbursement for improvements he may have made upon the
      Property.

    (d) 
      Affidavit
      of Uncured Default and Election of Termination.

    A
      recordable affidavit made by Seller, his agent, or Escrow Agent, identifying
      the
      parties, stating the legal description of the Property or the recording data
      of
      this Contract and stating the date that notice was duly given as provided above,
      that the specified default has not been cured within the time allowed and that
      the Seller has elected to terminate, and delivered to the Escrow Agent shall
      be
      conclusive proof for the Escrow Agent and any subsequent Purchaser or
      encumbrancer for value of such uncured default and election of
      termination.

    (e) 
      Purchaser
      Becomes Tenant. Upon
      termination, Purchaser has no continuing right to possession. If Purchaser
      remains in possession of the Property after this Contract has been terminated
      as
      above provided, Purchaser shall then become a tenant at will, for a rental
      amount equivalent to the installment payment theretofore required as monthly
      payments under this Contract, with the first such rental payment due
      immediately, in advance, and such tenancy being subject to termination by either
      party upon thirty (30) days separate prior written notice. Seller’s acceptance
      of such rental payment(s) shall not be deemed as any waiver of his rights,
      nor
      shall it constitute any manner of estoppel.

    (f) 
      Legal
      Right to Evict Purchaser. Forcible
      entry and detainer proceedings, in addition to any other appropriate legal
      remedies, may be utilized by the Seller if necessary to obtain possession of
      the
      Property following termination of this Contract and termination of Purchaser’s
      continued tenancy thereafter. If such proceedings are filed, Purchaser shall
      be
      liable for Seller’s reasonable attorney’s fees plus the legal costs of such
      action.

    6.  
      TITLE
      INSURANCE OR ABSTRACT:

    Unless
      otherwise provided herein, Seller is delivering a Contract Purchaser’s Title
      Insurance Policy to Purchaser or Abstract of Title to Escrow Agent at the time
      this Contract is made, showing merchantable title to the Property as of the
      date
      of this Contract, subject to the matters referred to in this Contract, and
      Seller is not obligated to provide any other or further evidence of
      title.

    7.  
      PURCHASER’S
      RIGHT TO SELL:

    (A) 
      First Provision:

    Purchaser
      shall be entitled to sell, assign, convey or encumber his entire interest in
      this Contract (but not a portion thereof) and the Property to any person or
      entity, hereinafter called Assignee, and may retain a security interest therein,
      without obtaining the consent or approval of the Seller.
      The Purchaser shall not, however, be released from his obligations hereunder
      by
      any such sale, assignment, conveyance or encumbrance. In the event Purchaser
      does sell, assign, convey or encumber said interest, then Purchaser, his
      Assignee, or any subsequent Assignee shall deliver a copy of such written sale,
      assignment, conveyance or encumbrance document to Escrow Agent.

    Such
      sale, assignment, conveyance or encumbrance document shall specify the address
      of the Assignee and upon receipt of such document by the Escrow Agent, Seller
      shall only be required to send notice of default to the most recent Assignee
      who
      has given notice of such sale or assignment and his address to the Escrow Agent
      as provided herein. If such document is not received by the Escrow Agent, any
      notice of default need be sent only to the last person or entity and address
      for
      which written notice has been provided to the Escrow Agent as provided
      herein.

    (B)  
      Special Alternative Provision:

     

    CAUTION:
      THE FOLLOWING PROVISION SEVERELY RESTRICTS THE RIGHT OF PURCHASER TO SELL,
      ASSIGN, CONVEY OR ENCUMBER THIS CONTRACT AND THE PROPERTY. If the parties wish
      to invoke this provision, they should check the box as indicated and each
      initial as provided. If the Special Alternative Provision is elected, the First
      Provision does not apply.

     

    
      
        
          	
                  
                    XX

                    Initials

                    /i/      
                      TJ            

                    /i/  
                      MLB            

                    ____________

                  

                	 	
                  Purchaser
                    shall not be entitled, directly or
                    indirectly, to sell, assign, convey or encumber all or any portion
                    of the
                    Purchaser’s interest in this Contract or in the Property without first
                    obtaining the written consent of Seller, and Seller shall not
                    be under any
                    obligation of any kind to give such consent. In the event that
                    Purchaser
                    shall, directly or indirectly, sell, assign, convey or encumber
                    or
                    contract to sell, assign, convey or encumber, directly or indirectly,
                    all
                    or any portion of the Purchaser’s interest this Contract or in the
                    Property without the consent of Seller, it shall be an event
                    of default
                    subject to the rights of Seller in Paragraph 5,
                    herein.

                

        

      

       

      Caution:
        If the Property is subject to any prior mortgage(s), Deed(s) of Trust or
        Real
        Estate Contract(s), then the provisions thereof should be examined carefully
        for
        any conflict with the above clause.

    

    
       

      8.  
        BINDING
        EFFECT:
        This
        Contract shall extend to and be obligatory upon the heirs, executors,
        administrators, personal representatives, successors and assigns of the parties
        to this Contract.

      9.  
        APPOINTMENT
        OF AND INSTRUCTIONS TO ESCROW AGENT:

      The
        parties hereby appoint as Escrow Agent:          

    

    
      
        
          	Mountain
                  State Escrow, Inc.
	
                  

                
	PO
                  Box 15186 
	
                  

                
	Las
                  Cruces, NM 88004
	
                  

                

        

    The
      following papers are herewith placed in escrow:

    
      	 	1.   Signed copy of this
              Contract.
	 	2.   Original Warranty Deed signed
              by Seller.
	 	3.   Original Special Warranty Deed
              signed by Purchaser.

    

     

    Add
      following information, if applicable: 
      
        	 	Name and address of mortgagee:
	 	n/a
	 	
                

              
	 	Loan No. 
	 	Name and address of Escrow Agent under
                any
                other contract on the Property: 
	 	n/a 
	 	
                

              

      

    

    
       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      (a)  The
        fee(s) of the Escrow Agent shall be paid as follows:     
        all fees shall be paid by the
        purchaser        If
        such
        fee(s) is/are paid wholly or in part by Purchaser, such amount shall be in
        addition to the amounts due from Purchaser as provided in Paragraph 2, herein.
        The Escrow Agent is instructed to accept all monies paid in accordance with
        this
        Contract and remit the money received (less applicable escrow fees) as
        follows:       all
        proceeds
        are to be mailed to seller     

      (b)
        All
        payments shall be deemed provisionally accepted when tendered, subject to
        determination by the Escrow Agent of the correct amount and its
        timeliness.

    

    (c) 
      Upon full payment of all amounts due and owing to the Seller under this Contract
      by the Purchaser, the Escrow Agent is directed to release and deliver the escrow
      documents to the Purchaser.

    (d) 
      If the Seller or his agent delivers an Affidavit of Uncured Default and Election
      of Termination (as described in Paragraph 5 above) to the Escrow Agent, then
      the
      Escrow Agent shall release and deliver the escrow documents to the Seller.
      The
      Escrow Agent shall be entitled to rely on such Affidavit as conclusive proof
      of
      termination.

    (e) 
      The Escrow Agent is instructed that after each and every written demand is
      mailed to the Purchaser, pursuant to Paragraph 5 above, and a copy thereof
      is
      furnished to the Escrow Agent, not to accept less than the full amount of the
      sum stated as due in the written demand, plus the additional
      $____________,
      unless
      otherwise stated, for Seller’s attorney’s
      fees.

    (f) 
      The Escrow Agent is entitled to charge its standard fees current as of the
      date
      the service is rendered, but all changes shall become effective only after
      sixty
      (60) days written notice to the party or parties paying the fee of the Escrow
      Agent.

    (g) 
      Seller and Purchaser will each indemnify and save harmless the Escrow Agent
      against all costs, damages, attorney’s fees, expenses and liabilities, which it
      may incur or sustain in connection with this Contract, including any
      interpleader or declaratory judgment action brought by Escrow Agent, but
      excepting failure of the Escrow Agent to comply with this Paragraph
      9.

    (h) 
      The Escrow Agent shall have the right to resign as Escrow Agent under this
      Contract by giving the parties sixty (60) days written notice of intent to
      resign. The parties shall thereupon mutually select a successor Escrow Agent
      and
      give written notice to the Escrow Agent of such selection. If the parties fail,
      for any reason, to mutually select a successor Escrow Agent and give Escrow
      Agent written notice of such selection within sixty (60) days after mailing
      by
      the Escrow Agent of notice of intent to resign as aforesaid, then the Escrow
      Agent may select the successor Escrow Agent. Delivery by the Escrow Agent to
      the
      successor Escrow Agent of all documents and funds, after deducting there from
      its charges and expenses, shall relieve the Escrow Agent of all liability and
      responsibility for acts occurring after the date of the assignment in connection
      with this Contract.

    10. 
      SEVERABILITY
      CLAUSE: The
      invalidity or unenforceability of any provision of this Contract shall not
      affect the validity or enforceability of the remainder of this
      Contract.

    The
      parties have signed and acknowledged this Contract effective as of the date
      stated at the beginning of this Contract.

    

    CAUTION:
      YOU SHOULD READ THIS ENTIRE CONTRACT BEFORE SIGNING. IF YOU DO NOT UNDERSTAND
      THIS CONTRACT, YOU SHOULD CONSULT YOUR ATTORNEY.

     

    
      	SELLER	 	 	PURCHASER 
	 	 	 	 
	Bowlin Travel Centers, Inc.	 	 	Teak, LLC 
	
              

            	 	 	
              

            
	by: 
              /s/ Michael L. Bowlin 	 	 	by: 
              /s/ Teak Johnson
	
              

            	 	 	
              

            
	 	 	 	Teak
              Johnson, Managing Member
	 	 	 	
              

            

    ACKNOWLEDGMENT
      FOR NATURAL PERSONS

    STATE
      OF
      NEW MEXICO

    COUNTY
      OF      Dona
      Ana     } ss.

    
      	This instrument was
              acknowledged before me on  	
            	
              August
                15, 

            	 	
              2006

            
	 	 	
              

            	 	
              

            

    

    
      
        	by 	 	         Teak
                Johnson, Managing Member of
                Teak, LLC 
	 	 	
                

              

      

      
        	My
                commission expires: 	 	 	/s/
                Gregg C. Floyd 
	7-20-10 	 	 	
                

              
	
                

              	 	 	Notary Public
	 	 	 	 

      

      STATE
        OF
        NEW MEXICO

      
        COUNTY
          OF                     
     } ss.

        
          	This instrument
                  was
                  acknowledged before me on  	
                	
                   

                	
                   

                
	 	 	
                  

                	
                  

                

        

        
          
            	by 	 	         
	 	 	
                    

                  

          

          
            	My
                    commission expires: 	 	 	 
	 	 	 	
                    

                  
	
                    

                  	 	 	Notary Public
	 	 	 	 

          

      

       

    ACKNOWLEDGEMENT
      FOR CORPORATION

    
      STATE
        OF
        NEW MEXICO

      COUNTY
        OF      Bernalillo     } ss.

    

    
      	This instrument was
              acknowledged before me on  	
            	
              August
                17, 

            	 	
              2006

            
	 	 	
              

            	 	
              

            

    

    
      
        	by 	 	         Michael
                L. Bowlin, President 
                of
                 Bowlin
                Travel Centers, Inc. 
	 	 	
                

              
	a   	Nevada Corporation
	 	
                

              

      

      
        	My
                commission expires: 	 	 	/s/ Cynthia
                K. Biggers 
	12-16-08 	 	 	
                

              
	
                

              	 	 	Notary Public
	 	 	 	 

      

    RECEIPT
      AND ACCEPTANCE BY ESCROW
      AGENT

    
      The
        Escrow Agent hereby acknowledges receipt of the following documents in regard
        to
        the above-captioned Escrow Contract:

    

    
      	_____	 	(a)	 	Escrow
              Set-Up fee in amount of $__________	 	_____	 	(d)	 	Special
              Warranty Deed
	_____	 	(b)	 	Signed
              copy of this Contract 	 	_____	 	(e)	 	__________________________
	_____	 	(c)	 	Warranty
              Deed	 	_____	 	(f)	 	__________________________
	 	 	 	 	 	 	_____	 	(g)	 	__________________________
	 	 	 	 	 	 	 	 	 	 	 

    

     

    
      
        	____________________________	 	 	 
	ESCROW
                AGENT	 	 	 
	 	 	 	 	 
	By:	   	 	Date:	_______________________,
                20____
	 	
                

              	 	 	
              

      

    

     

    
      
        
        

      

      
        4EXHIBIT 10.40

    EXHIBIT
      10.40

    

    REAL
      ESTATE CONTRACT

     

    
      
        	THIS
                CONTRACT IS MADE in triplicate this	 	
                15th

              	 	
                day
                  of 

              	 	
                August,

              	 	
                2006,

              
	
              	 	
                

              	 	
              	 	
                

              	
              	
                

              

      

    

    
      	by
              and between	
                 Bowlin
                Travel Centers, Inc.   
                

              

            

    

    
      
        	
                     A
                  Nevada Corporation

                
                  

                

              

      

      
        
          	whose
                  address is	
                     150
                    Louisiana NE, Albuquerque, NM 87108 
                    

                  

                

        

      

    

    
      	hereinafter
              called the Seller, and	
                      Larjon,
                LLC, a New Mexico Limited Liability Company

              
                

              

            

    

    
      	whose
              address is	
                      PO
                Box 925, Mesilla Park, NM 88047

              
                

              

            

    

    hereinafter
      called the Purchaser. Whenever a masculine pronoun is used, it shall also be
      considered as referring to the female gender and plural pronouns, whichever
      is
      proper.

    

    1.  
      SALE: The Seller, in consideration of the promises and agreements herein made
      by
      the Purchaser, agrees to sell and convey to the Purchaser the following
      described real estate, hereinafter called the Property, in the County of Dona
      Ana and State of New Mexico:

    

    A
      tract
      of land situate south of Las Cruces, Dona Ana County, New Mexico in Sections
      24
      and 25, Township 24 South, Range 2 East, N.M.P.M. of the U.S.R.S. and U.S.G.L.O
      Surveys as part of Lot 53, Subdivision of Lots 4 and 5 of the Brazito Tract,
      in
      the Hugh Stephenson Grant, filed February 1, 1909 in Plat Record 1, Page 1,
      of
      the Dona Ana County Records and being more particularly described on attached
      Exhibit “A”.

    

    Subject
      to all the terms and conditions for the Easement in perpetuity for Outdoor
      Advertising signs as set out in the warranty deed from the grantor to the
      grantee herein, of which a copy is attached hereto and made a part
      hereof.

    

    Subject
      to reservations, restrictions and easements of record.

    

    The
      Seller agrees, upon completion of all terms and conditions of this contract
      by
      the Purchaser, that the Purchaser shall then receive the Warranty Deed and
      related documents placed in escrow with this Contract.

    

    2.  
      PRICE AND PAYMENT: The Purchaser agrees to buy the above-described Property
      and
      to pay Seller therefore the total sum of     
One
      Hundred Thirty-five Thousand and no/100      Dollars
      ($  
      135,000.00 
      ),
      payable
      as follows:       Twenty-six
      thousand five hundred and no/100      Dollars
      ($   
      26,500.00  
      ),
      cash
      down payment, the receipt of which is hereby acknowledged, and the balance
      of     One
      Hundred eight thousand five hundred and
      no/100     dollars
      ($   108,500.00  
      ),
      payable as follows:

    

    the
      balance of $108,000.00 is due and payable in 20 equal quarterly installments
      in
      the amount of $6,796.66 each, including interest, at the rate of 9.0% per annum.
      Commencing on the 15th day of November, 2006 and continuing on the 15th day
      of
      each February, May, August and November of each and every year thereafter until
      all principal and accrued interest is paid in full.

    

    The
      payments as above provided shall be paid to the escrow agent and continue until
      the entire unpaid balance of the purchase price (exclusive of any prior lien
      or
      obligation being assumed) plus any accrued interest due to the seller is fully
      paid. Said unpaid balance shall bear interest at the rate
      of      Nine
      point zero    
      per
      centum (  9.0 
      %)
      per
      annum from the effective date     August
      15, 2006       

    

     

    APPLICATION
      OF PAYMENTS: Check
      and
      initial only one of the following two paragraphs.

    
       

      
        	(a) 	 	
                 

                Initials

                ____________

                ____________

                ____________

              	 	
                Payments,
                  excepting prepayments, shall be
                  applied to regularly scheduled installments in the order in which
                  the same
                  were due and shall be credited as though the payments were made
                  on their
                  respective due dates.

              

      

      
        

        
          	(b) 	 	
                  XX

                  Initials

                  /i/      
                    LJ            

                  /i/  
                    MLB            

                  ____________

                	 	
                  Payments
                    shall be applied as of the date of
                    receipt by Escrow Agent first to accrued interest then to principal
                    balance of this Contract.

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

    

    

    All
      payments shall be assumed to be regular payments, and not prepayments, unless
      otherwise specified by Purchaser in writing at the time of delivering such
      payments to Escrow Agent. Unless otherwise provided, Purchaser may prepay the
      unpaid balance in whole or in part at any time. Any prepayment shall be credited
      first to accrued interest, then to the principal balance of this Contract
      exclusive of assumed liens or obligations, then to assumed liens or obligations
      as described in this paragraph. Notwithstanding any prepayments, Purchaser
      shall
      make the next regularly scheduled payments.

    Should
      Purchaser fail to make any of the payments or perform any other obligations
      required hereunder, including the payment of any assumed obligation, and if
      Seller’s attorney makes written demand therefore pursuant to Paragraph 5 below,
      the Purchaser shall pay within the time allowed the additional sum of
      $   150.00   ,
      unless
      otherwise stated, for Seller’s attorney’s fees.

    The
      following lien(s) or obligation(s) is currently outstanding on the property:
      
      
        	Type of Lien or Obligation
                Holder 	 	Loan Number	 	Recording Data: Book &
                Page
	 	 	 	 	 
	
                        None

              	 	 	 	 

      

    

    

    IF
      ANY LIEN(S) OR OBLIGATION(S) IS/ARE CURRENTLY OUTSTANDING ON THE PROPERTY,
      CHECK
      AND INITIAL ONLY ONE OF THE FOLLOWING THREE PARAGRAPHS. ONLY THAT PARAGRAPH
      SHALL APPLY.

    
      
        
          	
                  (a)

                  
                    Initials

                    ____________

                    ____________

                    ____________

                  

                	 	
                  Purchaser
                    assumes and agrees to pay the
                    above-mentioned prior lien(s) or obligation(s) in accordance
                    with
                    its/their terms. Purchaser shall make the installment payments
                    on the
                    prior lien(s) or obligation(s), together with installment payments
                    on this
                    Contract, to the Escrow Agent named below, who will remit the
                    payments to
                    the person or company to whom they are payable. Purchaser shall
                    advise the
                    Escrow Agent of any change in the amount of the payment due on
                    any assumed
                    obligation(s). Failure to make such payments at the time required
                    shall be
                    a default under this Contract. At such time as the unpaid balance
                    of the
                    purchase price due the seller is fully paid, this Escrow shall
                    terminate
                    and the purchaser shall thereafter make the installment payments
                    on said
                    prior lien(s) or obligation(s) directly to the person(s) or company(ies)
                    to whom they are payable.

                
	 	 	 
	
                  (b)

                  
                    Initials

                    ____________

                    ____________

                    ____________

                  

                	 	
                  Purchaser
                    assumes and agrees to pay the
                    above-mentioned prior lien(s) or obligation(s) in accordance
                    Initials with
                    its/their terms. Purchaser shall make the installment payments
                    on the
                    prior lien(s) or obligation(s) directly to the person or company
                    to whom
                    payable. Failure to make such payments at the time required shall
                    be a
                    default under this Contract.

                
	 	 	 
	
                  (c)

                  
                    Initials

                    ____________

                    ____________

                    ____________

                  

                	 	
                  
                    Purchaser
                      does not assume or agree to pay the
                      above described lien(s) or obligation(s). All payments due
                      Initials on
                      such lien(s) or obligation(s) shall be remitted by the Escrow
                      Agent to the
                      person or company to whom they are payable out of the payments
                      made by
                      Purchaser. If the payments due from Purchaser are insufficient
                      to satisfy
                      the amounts due to be made on the above-described lien(s) or
                      obligation(s), Seller shall pay Escrow Agent such additional
                      funds as are
                      necessary to keep such lien(s) or obligation(s)
                      current.

                  

                

        

      

    Should
      Purchaser fail to pay any such installment payments prior to the same becoming
      delinquent, Seller may pay the same for the protection of the Property and
      his
      interest therein. Payment by Seller shall not be deemed a waiver of Purchaser’s
      default, and the amount so paid by Seller shall be immediately due and payable
      to Seller and shall bear interest until paid at the same rate as provided in
      Paragraph 2 above.

    3.  
      PURCHASER
      TO PAY INSURANCE, TAXES AND PAVING LIENS, AND SELLER’S
      RIGHTS:

    (a) 
      Insurance.
      The
      Purchaser agrees to keep the insurable improvements upon the Property insured
      against the hazards covered by fire and extended coverage insurance, with an
      insurance company satisfactory to Seller in the sum of not less than
      $______________ for
      the
      benefit of Purchaser and Seller as their interests may appear, and furnish
      a
      copy of the insurance policy or certificate of the insurance policy to Seller
      annually prior to expiration of existing insurance.

    (b) 
      Taxes.
      Unless
      otherwise stated herein, the property taxes for the current year have been
      divided and prorated between Seller and Purchaser as of
      the
      date of this Contract, and the Purchaser is responsible for and will pay the
      taxes and assessments of every kind hereafter billed.  Purchaser
      will have the Property assessed for taxation in Purchaser’s name. Upon request
      by Seller, Purchaser will send copies of the paid tax receipts each year to
      Seller.

    (c) 
      Paving
      and Other Improvement Liens and Standby Charges.
      Unless
      otherwise stated herein, the Purchaser assumes any paving and/or other
      improvement lien and/or standby charges now assessed against the Property and
      agrees to pay all installments of principal and interest thereon that hereafter
      become due.

    (d) 
      Seller’s
      Rights.
      Should
      the Purchaser fail to pay insurance premiums, taxes and assessments, paving
      liens, improvement liens or standby charges, or other such matters prior to
      the
      same becoming delinquent, Seller may pay the same (but is not obligated to
      do
      so) for protection of the Property and his interest therein, Payment of such
      charges shall not be deemed a waiver of any default of
      Purchaser for failure to pay such charges, and such amounts as have been so
      paid
      shall be immediately due and payable to Seller, and shall bear interest until
      paid at the same rate as provided in Paragraph 2 above.

    4.  
      PURCHASER’S
      RIGHT, SELLER’S RETENTION OF INTEREST:

    Purchaser
      shall be entitled to take possession of the Property and retain possession
      unless and until Purchaser’s interests under this Contract shall be terminated
      by Seller as provided in Paragraph 5 below. Legal title to the Property shall
      remain in Seller’s name until this contract has been fully performed upon the
      part of Purchaser and the Warranty Deed delivered as specified.

    5.  
      SELLER’S
      RIGHTS IF PURCHASER DEFAULTS:

    (a) 
      Default
      Notice.
      Time is
      of the essence in this contract, meaning that the parties shall perform their
      respective obligations within the times stated. If Purchaser fails to make
      any
      of the payments required in Paragraph 2, herein, at the times specified, or
      fails or refuses to maintain insurance or to pay taxes, assessments or other
      charges against the Property, or fails or refuses to repay any sums advanced
      by
      the Seller under the provisions of Paragraph 3 above, the Seller may make
      written demand upon the Purchaser, with such notice to specify the default
      and
      the curative action required, at his address as follows: 
      
        
          	PO
                  Box 925
	
                  

                
	Mesilla
                  Park, NM 88047 
	
                  

                

        

      or
        at
        such other address that Purchaser may designate by a notarized statement
        delivered to the Escrow Agent, which change of address will be effective
        on the
        seventh (7th) calendar day after receipt by the Escrow Agent.

    

    (b) 
      Manner
      of Giving Default Notice. Notice
      in
      writing shall be given by certified mail, return receipt requested, addressed
      to
      the Purchaser at the effective address for Purchaser as provided in Paragraph
      5(a), with a copy to Escrow Agent. Purchaser expressly acknowledges that notice
      to him by mail, in the manner above specified, is sufficient for all purposes,
      regardless of whether he actually receives such notice.

    
      

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

         

      

    

    (c) 
      Purchaser’s
      Failure to Cure Default Results in Termination of Contract or Acceleration
      of
      Entire Unpaid Balance.

    If
      the
      Purchaser fails or neglects to cure any default
      within    Thirty   ( 
      30 
      )
      days
      after the date Seller’s default notice is mailed, then the Seller may, at his
      option either declare the whole amount remaining unpaid to be then due and
      pro-ceed to enforce payment of the entire remaining unpaid balance, plus any
      accrued interest, together with reasonable attorney’s fees, or he may terminate
      Purchaser’s rights to the Property and retain all sums paid as liquidated
      damages to that date for the use of the property, and all rights of Purchaser
      in
      the Property shall thereupon end. If the final day for curing the default shall
      fall on a Saturday, Sunday, or non-busi-ness day of the Escrow Agent, then
      the
      period for curing the default shall extend to the close of business on the
      next
      regular business day of the Escrow Agent.

    Acceptance
      by Escrow Agent of any payment tendered shall not be deemed a waiver by Seller,
      or extension of the time for cure, of any other default under this Contract.
      In
      the event of termination, Purchaser hereby waives any and all rights and claims
      for reimbursement for improvements he may have made upon the
      Property.

    (d) 
      Affidavit
      of Uncured Default and Election of Termination.

    A
      recordable affidavit made by Seller, his agent, or Escrow Agent, identifying
      the
      parties, stating the legal description of the Property or the recording data
      of
      this Contract and stating the date that notice was duly given as provided above,
      that the specified default has not been cured within the time allowed and that
      the Seller has elected to terminate, and delivered to the Escrow Agent shall
      be
      conclusive proof for the Escrow Agent and any subsequent Purchaser or
      encumbrancer for value of such uncured default and election of
      termination.

    (e) 
      Purchaser
      Becomes Tenant. Upon
      termination, Purchaser has no continuing right to possession. If Purchaser
      remains in possession of the Property after this Contract has been terminated
      as
      above provided, Purchaser shall then become a tenant at will, for a rental
      amount equivalent to the installment payment theretofore required as monthly
      payments under this Contract, with the first such rental payment due
      immediately, in advance, and such tenancy being subject to termination by either
      party upon thirty (30) days separate prior written notice. Seller’s acceptance
      of such rental payment(s) shall not be deemed as any waiver of his rights,
      nor
      shall it constitute any manner of estoppel.

    (f) 
      Legal
      Right to Evict Purchaser. Forcible
      entry and detainer proceedings, in addition to any other appropriate legal
      remedies, may be utilized by the Seller if necessary to obtain possession of
      the
      Property following termination of this Contract and termination of Purchaser’s
      continued tenancy thereafter. If such proceedings are filed, Purchaser shall
      be
      liable for Seller’s reasonable attorney’s fees plus the legal costs of such
      action.

    6.  
      TITLE
      INSURANCE OR ABSTRACT:

    Unless
      otherwise provided herein, Seller is delivering a Contract Purchaser’s Title
      Insurance Policy to Purchaser or Abstract of Title to Escrow Agent at the time
      this Contract is made, showing merchantable title to the Property as of the
      date
      of this Contract, subject to the matters referred to in this Contract, and
      Seller is not obligated to provide any other or further evidence of
      title.

    7.  
      PURCHASER’S
      RIGHT TO SELL:

    (A) 
      First Provision:

    Purchaser
      shall be entitled to sell, assign, convey or encumber his entire interest in
      this Contract (but not a portion thereof) and the Property to any person or
      entity, hereinafter called Assignee, and may retain a security interest therein,
      without obtaining the consent or approval of the Seller.
      The Purchaser shall not, however, be released from his obligations hereunder
      by
      any such sale, assignment, conveyance or encumbrance. In the event Purchaser
      does sell, assign, convey or encumber said interest, then Purchaser, his
      Assignee, or any subsequent Assignee shall deliver a copy of such written sale,
      assignment, conveyance or encumbrance document to Escrow Agent.

    Such
      sale, assignment, conveyance or encumbrance document shall specify the address
      of the Assignee and upon receipt of such document by the Escrow Agent, Seller
      shall only be required to send notice of default to the most recent Assignee
      who
      has given notice of such sale or assignment and his address to the Escrow Agent
      as provided herein. If such document is not received by the Escrow Agent, any
      notice of default need be sent only to the last person or entity and address
      for
      which written notice has been provided to the Escrow Agent as provided
      herein.

    (B) 
      Special Alternative Provision:

    

    CAUTION:
      THE FOLLOWING PROVISION SEVERELY RESTRICTS THE RIGHT OF PURCHASER TO SELL,
      ASSIGN, CONVEY OR ENCUMBER THIS CONTRACT AND THE PROPERTY. If the parties wish
      to invoke this provision, they should check the box as indicated and each
      initial as provided. If the Special Alternative Provision is elected, the First
      Provision does not apply.

    
       

      
        
          
            	
                    
                      XX

                      Initials

                      /i/      
                        LJ            

                      /i/  
                        MLB            

                      ____________

                    

                  	 	
                    Purchaser
                      shall not be entitled, directly or
                      indirectly, to sell, assign, convey or encumber all or any
                      portion of the
                      Purchaser’s interest in this Contract or in the Property without first
                      obtaining the written consent of Seller, and Seller shall not
                      be under any
                      obligation of any kind to give such consent. In the event that
                      Purchaser
                      shall, directly or indirectly, sell, assign, convey or encumber
                      or
                      contract to sell, assign, convey or encumber, directly or indirectly,
                      all
                      or any portion of the Purchaser’s interest this Contract or in the
                      Property without the consent of Seller, it shall be an event
                      of default
                      subject to the rights of Seller in Paragraph 5,
                      herein.

                  

          

        

      

    

    

    Caution:
      If the Property is subject to any prior mortgage(s), Deed(s) of Trust or Real
      Estate Contract(s), then the provisions thereof should be examined carefully
      for
      any conflict with the above clause.

    
       

      8.  
        BINDING
        EFFECT:
        This
        Contract shall extend to and be obligatory upon the heirs, executors,
        administrators, personal representatives, successors and assigns of the parties
        to this Contract.

      9.  
        APPOINTMENT
        OF AND INSTRUCTIONS TO ESCROW AGENT:

      The
        parties hereby appoint as Escrow Agent:

    

              
      
        
          
            	Mountain
                    State Escrow, Inc.
	
                    

                  
	PO
                    Box 15186 
	
                    

                  
	Las
                    Cruces, NM 88004
	
                    

                  

          

      The
        following papers are herewith placed in escrow:

      
        	 	1.   Signed copy of this
                Contract.
	 	2.   Original Warranty Deed signed
                by Seller.
	 	3.   Original Special Warranty Deed
                signed by Purchaser.

      

       

      Add
        following information, if applicable: 
        
          	 	Name and address of mortgagee:
	 	n/a
	 	
                  

                
	 	Loan No. 
	 	Name and address of Escrow Agent
                  under any
                  other contract on the Property: 
	 	n/a 
	 	
                  

                

        

      

      
         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

        

      

    

     

    
      (a) 
        The fee(s) of the Escrow Agent shall be paid as
        follows:      all
        fees shall be paid by the purchaser     
If
        such
        fee(s) is/are paid wholly or in part by Purchaser, such amount shall be in
        addition to the amounts due from Purchaser as provided in Paragraph 2, herein.
        The Escrow Agent is instructed to accept all monies paid in accordance with
        this
        Contract and remit the money received (less applicable escrow fees) as
        follows:      all proceeds
        are to be mailed to seller   

      (b) 
        All payments shall be deemed provisionally accepted when tendered, subject
        to
        determination by the Escrow Agent of the correct amount and its
        timeliness.

      (c) 
        Upon full payment of all amounts due and owing to the Seller under this Contract
        by the Purchaser, the Escrow Agent is directed to release and deliver the
        escrow
        documents to the Purchaser.

      (d) 
        If the Seller or his agent delivers an Affidavit of Uncured Default and Election
        of Termination (as described in Paragraph 5 above) to the Escrow Agent, then
        the
        Escrow Agent shall release and deliver the escrow documents to the Seller.
        The
        Escrow Agent shall be entitled to rely on such Affidavit as conclusive proof
        of
        termination.

      (e) 
        The Escrow Agent is instructed that after each and every written demand is
        mailed to the Purchaser, pursuant to Paragraph 5 above, and a copy thereof
        is
        furnished to the Escrow Agent, not to accept less than the full amount of
        the
        sum stated as due in the written demand, plus the additional
        $_____________,
        unless
        otherwise stated, for Seller’s attorney’s
        fees.

      (f) 
        The Escrow Agent is entitled to charge its standard fees current as of the
        date
        the service is rendered, but all changes shall become effective only after
        sixty
        (60) days written notice to the party or parties paying the fee of the Escrow
        Agent.

      (g) 
        Seller and Purchaser will each indemnify and save harmless the Escrow Agent
        against all costs, damages, attorney’s fees, expenses and liabilities, which it
        may incur or sustain in connection with this Contract, including any
        interpleader or declaratory judgment action brought by Escrow Agent, but
        excepting failure of the Escrow Agent to comply with this Paragraph
        9.

      (h) 
        The Escrow Agent shall have the right to resign as Escrow Agent under this
        Contract by giving the parties sixty (60) days written notice of intent to
        resign. The parties shall thereupon mutually select a successor Escrow Agent
        and
        give written notice to the Escrow Agent of such selection. If the parties
        fail,
        for any reason, to mutually select a successor Escrow Agent and give Escrow
        Agent written notice of such selection within sixty (60) days after mailing
        by
        the Escrow Agent of notice of intent to resign as aforesaid, then the Escrow
        Agent may select the successor Escrow Agent. Delivery by the Escrow Agent
        to the
        successor Escrow Agent of all documents and funds, after deducting there
        from
        its charges and expenses, shall relieve the Escrow Agent of all liability
        and
        responsibility for acts occurring after the date of the assignment in connection
        with this Contract.

      10.  
        SEVERABILITY
        CLAUSE: The
        invalidity or unenforceability of any provision of this Contract shall not
        affect the validity or enforceability of the remainder of this
        Contract.

      The
        parties have signed and acknowledged this Contract effective as of the date
        stated at the beginning of this Contract.

    

    

    CAUTION:
      YOU SHOULD READ THIS ENTIRE CONTRACT BEFORE SIGNING. IF YOU DO NOT UNDERSTAND
      THIS CONTRACT, YOU SHOULD CONSULT YOUR ATTORNEY.

     

    
      
        	SELLER	 	 	PURCHASER 
	 	 	 	 
	Bowlin Travel Centers, Inc.	 	 	Larjon, LLC
	
                

              	 	 	
                

              
	by: 
                /s/ Michael L. Bowlin 	 	 	by: 
                /s/ Larry Johnson
	
                

              	 	 	
                

              
	 	 	 	Larry
                Johnson, Managing Member
	 	 	 	
                

              

      ACKNOWLEDGMENT
        FOR NATURAL PERSONS

      STATE
        OF
        NEW MEXICO

      COUNTY
        OF      Dona
        Ana     } ss.

      
        	This instrument was
                acknowledged before me on  	
              	
                August
                  15, 

              	 	
                2006

              
	 	 	
                

              	 	
                

              

      

      
        
          	by 	 	         Larry
                  Johnson, Managing Member of Larjon, LLC 
	 	 	
                  

                

        

        
          	My
                  commission expires: 	 	 	/s/
                  Gregg C. Floyd 
	7-20-10 	 	 	
                  

                
	
                  

                	 	 	Notary Public
	 	 	 	 

        

        STATE
          OF
          NEW MEXICO

        
          COUNTY
            OF                     
     } ss.

          
            	This instrument
                    was
                    acknowledged before me on  	
                  	
                     

                  	
                     

                  
	 	 	
                    

                  	
                    

                  

          

          
            
              	by 	 	         
	 	 	
                      

                    

            

            
              	My
                      commission expires: 	 	 	 
	 	 	 	
                      

                    
	
                      

                    	 	 	Notary Public
	 	 	 	 

            

        

         

      ACKNOWLEDGEMENT
        FOR CORPORATION

      
        STATE
          OF
          NEW MEXICO

        COUNTY
          OF      Bernalillo     } ss.

      

      
        	This instrument was
                acknowledged before me on  	
              	
                August
                  17, 

              	 	
                2006

              
	 	 	
                

              	 	
                

              

      

      
        
          	by 	 	         Michael
                  L. Bowlin, President 
                  of
                   Bowlin
                  Travel Centers, Inc. 
	 	 	
                  

                
	a   	Nevada Corporation
	 	
                  

                

        

        
          	My
                  commission expires: 	 	 	/s/ Cynthia
                  K. Biggers 
	12-16-08 	 	 	
                  

                
	
                  

                	 	 	Notary Public
	 	 	 	 

        

      RECEIPT
        AND ACCEPTANCE BY ESCROW
        AGENT

      
        The
          Escrow Agent hereby acknowledges receipt of the following documents in
          regard to
          the above-captioned Escrow Contract:

      

      
        	_____	 	(a)	 	Escrow
                Set-Up fee in amount of $__________	 	_____	 	(d)	 	Special
                Warranty Deed
	_____	 	(b)	 	Signed
                copy of this Contract 	 	_____	 	(e)	 	__________________________
	_____	 	(c)	 	Warranty
                Deed	 	_____	 	(f)	 	__________________________
	 	 	 	 	 	 	_____	 	(g)	 	__________________________
	 	 	 	 	 	 	 	 	 	 	 

      

       

      
        
          	____________________________	 	 	 
	ESCROW
                  AGENT	 	 	 
	 	 	 	 	 
	By:	   	 	Date:	_______________________,
                  20____
	 	
                  

                	 	 	
                

        

      

       

      
        
          
          

        

        
          4

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