HomeMy WebLinkAboutRES 13-131 DD 2013021242
3 PGS
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM THIS INSTRUMENT THAT TRANSFERS AN INTERST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR DRIVER'S LICENSE NUMBER.
THE STATE OF TEXAS X
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF JEFFERSON X
SPECIAL WARRANTY DEED
THAT, the CITY OF BEAUMONT, a municipal corporation domiciled in the County
of Jefferson, State of Texas, hereinafter called GRANTOR for and in consideration of the
sum of TEN AND NO 1100 ($10.00) DOLLARS and other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, has GRANTED, SOLD and
CONVEYED, and by these presents does GRANT, SELL and CONVEY unto the LEGACY
COMMUNITY DEVELOPMENT CORPORATION, a Texas Non-Profit Corporation,
hereinafter called GRANTEE, of the County of Jefferson, State of Texas, whose address is
620 Pearl, Beaumont, Texas 77701, all that certain tract or parcel of land in the County of
Jefferson, Texas, described and made a part hereof for all purposes (the "Property") as
follows
Being Lot Three (3), Block One (1) Happ J and D Addition, to the City of
Beuamont, Jefferson County, Texas according to the map or plat of record in
the office of the County Clerk.
GRANTEE covenants and agrees that the property described above shall be used for
the purpose of providing decent, safe, sanitary and affordable housing units for low to
moderate income families. If GRANTEE fails to use the property for the stated purpose, title
to the property shall automatically revert to GRANTOR and GRANTEE will execute a
Special Warranty Deed to GRANTOR and file such deed of record in the Deed Records of
Jefferson County, Texas. In the event GRANTEE at any time breaches the foregoing
restrictive covenants, GRANTOR shall have the right to demand a reversion of the property
to GRANTOR, and GRANTEE agrees to execute a Special Warranty Deed in"favor of
GRANTOR upon written request of GRANTOR.
GRANTEE understands and agrees that should GRANTEE become defunct or
insolvent and at any time fails to use the "Property" in the manner of providing affordable
housing,the "Property" shall automatically revert to the GRANTOR as provided herein.
This conveyance is subject to any restrictive covenants, outstanding mineral interests
and easements affecting the property above described.
TO HAVE AND TO HOLD the above described premises together with all and
singular the rights and appurtenances thereto and in any wise belonging, unto the said
GRANTEE and GRANTEE'S successors and assigns, forever; and said GRANTOR binds
itself and its successors and assigns to warrant and forever defend all and singular the said
premises unto the said GRANTEE and GRANTEE'S successors or assigns, against every
person whomsoever lawfully claiming or to claim all or any part of the property, subject to
the provisions stated above, when the claim is by, through, or under GRANTOR but not
otherwise.
K_ _
EXECUTED this the U day of .1 v , 2013.
THE CITY OF BEAUMONT
By:
Kyle Hayes, City Manager
ACKNOWLEDGMENT
STATE OF TEXAS X
COUNTY OF JEFFERSON X
This instrument was acknowledged before me on this day of ���_,
2013, by Kyle Hayes, City Manager of the City of Beaumont, a municipal corporation, on
behalf of said City of Beaumont.
ANGELA MARIE TH6MAS
My Commission Expires Al gb2i�
December 7,2016
„Ea�E,► Notary Nblic, State of Texas
RETURN TO: CITY OF BEAUMONT
Antoinette Hardy
P. O. Box 3827
Beaumont,TX 77704
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS
2013 Jul 0. A
Z @13 @21242
JAMES $24 0
CAROLYN L. GUIDRY, COUNTY CLERK
JEFFERSON COUNTY, TEXAS