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ORDINANCE NO. 277 r, #: ~77 THE STATE OF TEXAS x X COUNTY OF GUADALUPE The City Council of the City of Schertz, Texas, convened in regular session at 7:30 o'clock P.M. on the 16th day of November, 1972, in the City Hall within said city, which meeting was at all times open to the public, and the roll was called of the duly con- stituted officers and members of said City Council, namely: JESSE W. GRAHAM Mayor MRS. NELL G. FUNK Alderman ROBERT E. SC~TARTZ Alderman HUGH G. SANDIFER Alderman LEON R. CHAMBLESS Alderman and MRS. JUNE G. KRAUSE City Secretary DENNY ARNOLD City Manager and all of said persons were present, thus constituting a quorum. Whereupon, among other business, the following was transacted at said meeting: A written ordinance authorizing the purchase of land and impro~ements to be used by the City as a Police Station and pro- viding for the authorization and issuance of $22,000 of interest bearing time warrants of said City to the Seller of said land for the purchase price thereof, was introduced for the consideration of the Council and read in full. It was then duly moved and seconded that said ordinance be adopted; and, after due discussion, said motion, carrying with it the adoption of said ordinance, prevailed and carried by the following vote: AYES: All members of said present above voted I 1'1 Cound~ "AYE" shown NOES: None r AN ORDINANCE AUTHORIZING THE PURCHASE OF LAND TO BE USED AS A POLICE STATION FOR THE CITY; PROVIDING THE TERMS AND CONDITIONS OF THE CONTRACT FOR THE PURCHASE OF SAID LAND; PROVIDING FOR THE AUTHORIZATION AND ISSUANCE OF $22,000 PRINCIPAL M10UNT OF INTEREST BEARING TIME WARRANTS OF SAID CITY FOR THE PURPOSE OF PAYING THE CONTRACT PRICE FOR SAID LAND; LEVYING THE NECESSARY AND REQUISITE AD VALOREM TAX, RE- QUIRED BY LAW, TO PAY THE PRINCIPAL OF AND INTEREST ON SAID TIME WARRANTS AS THE SAME BECOME DUE; AND MAKING CERTAIN FINDINGS, DETE~1INATIONS AND OTHER PROVISIONS OF AND RELATING TO THE SUBJECT AND PURPOSES OF THIS ORDINANCE. WHEREAS, this City Council has heretofore determined that the City does not have an adequate Police Station and that the best interests of the City and its inhabitants would be served by pur- chasing land with existing improvements for the purpose of providing such Police Station for the City; and ~IEREAS, ROLAND ELBEL, TRUSTEE, now owns certain land within the city limits of the City of Schertz, Texas with improvements thereon which in the opinion of the City Council are adequate for and can be utilized as a Police Station for said City after making minor modifications and improvements thereto; and WHEREAS, the owner of said land has offered to sell said land and the improvements thereon to the City of Schertz, Texas, at a price of $22,000; and WHEREAS, this City Council is of the opinion that it would be to the best interests of the City of Schertz, Texas and the inhab- itants thereof to purchase said land and the improvements thereon for such purpose; and ~lliEREAS, the city of Schertz, Texas, does not now have current funds sufficient to pay the purchase price for said land, but does have sufficient taxing power to pay the principal of and interest accruing on time warrants that may be issued for the purchase price thereof; and WHEREAS, the owner of said land has agreed to accept interest bearing time warrants of the City in payment for said land; and WHEREAS, heretofore on September 21, 1972, the City Council of the City of Schertz, Texas, passed an ordinance, to which refer- ence is hereby made, authorizing the giving of a Notice of Intention to issue interest bearing time warrants in payment for the purchase price of land and improvements proposed to be purchased to be used as a Police Station for said City; and vlliEREAS, said Notice of Intention to issue interest bearing time warrants was thereafter given by posting a copy thereof in a public place at the City Hall of the City of Schertz, Texas, on the 26th day of September, 1972, and for a full fourteen (14) day period thereafter; and by publishing a copy of said Notice of Intention in the Valley News, a newspaper of general circulation in the City of Schertz, Texas, for the time and in the manner provided by law; said Notice having been published in said newspaper on the 5th day of October, 1972, and on the 12th day of October, 1972; and that said Notice Was also published in the Seguin Enterprise, a newspaper of general circulation in the City of Schertz, Texas, for the time and in the manner provided by law; said Notice having been published in said newspaper on the 19th day of October, 1972, and on the 26th day of October, 1972; and l~tEREAS, this City Council finds that no petition has been submitted to the City Councilor filed with the City Secretary petitioning the City to order an election for the purpose of sub- mitting to a referendum vote the proposition of issuing bonds for the purpose of paying the contract price for the land and improvements being purchased by said City to be used as a Police Station instead of issuing interest bearing time warrants for said purpose as set forth in the above referred to Notice of Intention; and WHEREAS, this City Council affirmatively finds that all conditions precedent have been complied with and that said City is now authorized to accept the offer of the owner:; of said land for the sale of the land and improvements and to let and enter into a contract with said seller for the purchase of said land and im- provements and to authorize the issuance of interest bearing time warrants of the City in payment of the contract price for said land and improvements in accordance with the determinations hereby made, and to levy the necessary and sufficient ad valorem tax to pay the principal of and interest on said interest bearing time warrants; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: I That the proposal of Roland Elbel, Trustee, to sell the land and improvements described in the hereinafter set forth contract, to the City of Schertz, Texas, for use by said City as a Police station, should be, and the same is hereby, accepted; said proposal and contract being and reading as follows, to-wit: TilE STATE OF TEXAS COUNTY OF GUhDALU~E THIS is a contract whereby ROLAND ELBEL, TRUSTEE, herein- after referred to as SELLER, agrees to sell to the CITY OF SCHERTZ, TEXAS1 as BUYER, at the price and upon the terms and conditiono hOLcinuftcr oot forth, the following described land "nd improvomonts situated in Guadalupe County, Texas, to-wit; A tract of land containing 0.93 acres out of the G. Malpaz Survey,' lying within the corporate limits of the City of Schertz, Guadalupe County, Texas, and being more particu- larly described by metes and bounds as follows: BEGINNING at the intersection of the southeast line of Aero Avenue and the northeast line of Live Oak Road, in Schertz, Guadalupe County, Texas; THENCE with the northeast line of Live Oak Road, a road 80.0 feet wide, S 30. 01' 50" W 442.92 feet to the point of Beginning of the herein described 0.93 acre tract; THENCE N 60. 07' 41" E 270.0 feet to an iron pin for the most northerly corner of this tract; THENCE S 30. 01' 50" E 150.0 feet to an iron pin for the most easterly corner of this tract, said corner being on the northwest line of the City of Schertz Fire Department ~roperty; THENCE with said northwest line S 60. 07' 41" W 270.0 feet to a point on the northeast line of Live Oak Road, said corner being the most southerly corner of this tract; THENCE with the northeast line of Live Oak Road N 30. 01' 50" W 150.0 feet to the point of Beginning and containing 0.93 acres more or less. The legal description of the tract of land above described is based upon a survey made by Howard W. Gaddis, Consulting Engineer, San Antonio, Tax~ut aat~d Janu~ry 2~t 191J, ~onri~l~ J~)b Nu. 40-l;-04. 1. Purchase Price The total purchase price shall be the sum of TWENTY-TWO THOUSAND DOLLARS ($22,000). SELLER agrees to accept from BUYER in payment of such sum, interest bearing time warrants of the City of Schertz, Texas, in the principal amount of Twenty-two Thousand Dollars. 2. Closin0 of Transaction This sale shall be closed as soon as is reasonably pos- sible. At the time of closing, SELLER will furnish to BUYER a deed conveying the above described property, containing covenants of general warranty and conveying good and marketable title. At the tiMe of closing of the sale and the delivery of said deed, BUYER will deliver to SELLER interest bearing time warrants of the City of Schertz, Texas, which shall have been theretofore authorized in the manner prescribed by law. At the time of the delivery of said warrants, SELLER agrees to simultaneously pay to BUYER an amount in money equal to the interest that has accrued on said warrants from their date. 3. Objections to Title Should any objections to title be discovered and should such objections not be removed by the time of closing of this sale, BUYF.R may, at its election, either waive such objections and proceed with the closing or the BUYER may rescind this contract, thereby releasing both parties from any further obligations.here- under. EXECUTED this, the (' 5r day of November, 1972. _LZ/CU~41 ~ ROLAND ELBEL, TRUSTEE SELLER II That Roland Elbel, Trustee, has executed a deed conveying the land and improvements described in the aforesaid proposal and contract to the City of Schertz, Texas; and the form and content of said deed are hereby approved, said deed being as follows, to- wit: THE STATE OF TEXAS S KNOW ALL MEN BY THESE PRESENTS: COUNTY OF GUADALUPE S TEA T I, ROLAND ELBEL, TRUSTEE, of the County of Guadalupe, State of Texas, for and in consideration of the sum of TEN AND NO/lOa ($10.00) DOLLARS and other good and valuable consideration, have GRANTED, SOLD AND CONVEYED, and by these presents do GRl\.NT, SELL AND CONVEY unto the CITY OF SCHERTZ, TEXAS, a political subdivision of the State of Texas, all of the following described real property situated in the City of Schertz, Guadalupe County, Texas, to-wit: A'tract of land containing O. 93 acres out of the G. Malpaz Survey, lying within the corporate limits of the City of Schertz, Guadalupe County, Texas, and being more particularly described by metes and bounds as followS: BEGINNING at the intersection of the southeast line of Aero Avenue and the northeast line of Live Oak Road, in Schertz, Guadalupe County, Texas; THENCE with the northeast line of Live Oak Road, a road 80.0 feet wide, S 30001' 50" W. 442.92 feet to the point of Beginning of the herein described 0.93 acre tract; THENCE N. 60. 07' 41 tl E 270.00 feet to an iron pin set for the most northerly corner of this tract; THENCE S 30.01' 50" E 150.00 feet to an iron pin for the most easterly corner of this tract, said corner being on the northwest line of the City of Schertz Fire Departmert Property; THENCE with said northwest line S 60007' 41" W 270.00 feet to a point on the northeast line of Live Oak Road, said corner being the most southerly corner of this tract; THENCE with the northeast line of Live Oak Road N 300011 50" W 150.00 feet to the point of Beginning and containing 0.93 acres more or less. TO HAVE AND TO HOLD the above described premises, together with all and singular the rights and appurtenances thereto in anywise belonging, unto the said Grantee, its successors and assigns forever; and do hereby bind myself, my heirs, executors, administrators, principals and assigns, to WARRANT AND FOREVER DEFEND all and singular the said premises -2- unto the said Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof, EXECUTED this, the 2nd day of April, 19730 ,1 I ,-- ; /' ,'C '-/ ,,' , . I /.-' ,/ ' / LU CLt.-<"v ("c-Ic( , ROLAND -ELBEL, TRUSTEE THE STA TE OF TEXAS 5 COUNTY OF COMAL 5 BEFORE ME, the undersigned authority, on this day personal~y appeared ROLAND ELBEL, TRUSTEE, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity therein stated, GIVEN UNDER MY HAND AND SEAL OF OFFICE on this, the 2nd day of April, 19730 ,\ ' /"') (/' . /)1. (/J' l/Y' / ~j ,j (1/:7'1 /' -----. ( " V ,-,-:-- V />\ CONNI HANZ, Notary PubllE in and for Comal County, Texas (SEAL) III That to pay the contract price for the aforesaid land and improvements in the amount of $22,000, it is hereby determined that there shall be issued under and by virtue of the Constitution and laws of the State of Texas, including Article 2368a, Revised Civil Statutes of Texas, 1925, as amended, interest bearing time warrants of the City of Schertz, Texas, to be known as "CITY OF SCHERTZ, TEXAS, POLICE STATION WARRANTS, SERIES 1972-A" in the principal amount of TWENTY-TWO THOUSAND AND NO/lOO DOLLARS ($22,000). IV That said warrants shall be payable to Roland Elbel, Trustee, his assigns or bearer, and said warrants shall be numbered consecutively from One (1) to Twenty-two (22), both inclusive, and shall be in the denomination of One Thousand Dollars ($1,000) each, aggregating the principal sum of Twenty-two Thousand Dollars ($22,000). V That said warrants shall be dated December 1, 1972, and shall become due and payable serially as follows: WARRANTS NOS. (Both Inc.) DATE OF MATURITY AMOUNT 1 - 5 December 1, 1973 $5,000 6 - 10 December 1, 1974 5,000 11 - 15 December 1, 1975 5,000 l6 - 20 December 1, 1976 5,000 21 - 22 December 1, 1977 2,000 That the principal of and interest on said warrants shall be payable, without exchange or collection charges to the holder, in lawful money of the United States of America, upon presentation and surrender of warrants or proper annexed coupons, at the SCHERTZ STATE BANK, SCHERTZ, TEXAS. VI That said warrants shall bear interest from their date until paid at the rate of five and one-quarter per cent (5.25%) per annum, interest payable on June 1, 1973, and semi-annually there- after on December 1 and June 1 of each year, which interest shall be evidenced by coupons attached to each of said warrants. VII That said warrants shall be signed by the Mayor, counter- signed by the City Secretary, and registered by the City Treasurer of the City of Schertz, Texas, and the seal of said City shall be imprinted on each of them. The interest coupons attached to each of said warrants may be executed with the facsimile signatures of said Mayor, City Secretary, and City Treasurer, which facsimile signatures shall have the same effect as if each of said coupons had been manually signed by each of said officers. VIII That the form of each of said warrants shall be substan- tially as follows, to-wit: NO. $1,000 UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF GUADALUPE CITY OF SCHERTZ POLICE STATION WARRANT, SERIES 1972-A ******************** THIS IS TO CERTIFY that the City of Schertz, Guada- lupe County, Texas, a political subdivision of the State of Texas, under and by virtue of a valid and subsisting contract and claim, is justly indebted to, and will pay to Roland Elbel, Trustee, his assigns or bearer, the principal sum of ONE THOUSAND DOLLARS ($1,000), in lawful money of the United States of America, together with interest thereon from date hereof, at the rate of five and one-quarter per cent (5.25%) per annum, interest payable on June 1, 1973, and semi-annually there- after on December 1 and June 1 of each year. Both principal of and interest on this warrant are hereby made payable, without exchange or collection charges to the holder, upon presentation and surrender of warrant or proper annexed interest coupon as they severally mature, at the SCHERTZ STATE BANK, SCIlliRTZ, TEXAS; and the City Treasurer of said City is hereby AUTHORIZED, ORDERED and DIRECTED to pay to said Roland Elbel, or to his assigns or bearer, on December 1, 19 ,the date of maturity of this warrant, the sum of ONE THOUSAND DOLLARS ($1,000) in full settlement of the indebtedness hereby evidenced out of and from the special "CITY OF SCHERTZ, TEXAS, POLICE STATION WARRANT, SERIES 1972-A, DATED DECEMBER 1, 1972, FUND" of said City levied, assessed and created for that purpose. THIS WARRANT is one of a series of twenty-two (22) warrants numbered consecutively from ONE (1) to TWENTY-TWO (22), both inclusive, in the denomination of One Thousand Dollars ($1,000) each, aggregating the principal sum of TWENTY-TWO THOUSAND AND NO/lOO DOLALRS ($22,000.00), and are issued for the purpose of eVidencing the indebtedness incurred by the City of Schertz, Texas, for the purpose of purchasing certain land and improvements for use by said City as a Police Station and are issued to said Roland Elbel, Trustee, in payment of the contract price for the purchase of said land and improvements, pursuant to a valid and subsisting contract by and between said City and the aforesaid seller of said land, dated Novem- ber 16, 1972; and such warrants are issued in pursuance of an' ordinance passed by the City Council of the City of Schertz on November 16, 1972, which ordinance is of record in the minutes of said City Council. TIlli DATE of this warrant in conformity with the ordinance above referred to is DECEMBER 1, 1972. AND IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things required to be done precedent to and in the issuance of this warrant have been properly done, have happened, and have been performed in regular and due time, form and manner, as required by law, and that the total indebtedness of the City of Schertz, including this warrant, does not exceed any Constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City Council of the City of Schertz, Texas, has caused the seal of said City to be here- to affixed, and this warrant to be signed by the Mayor, countersigned by the City Secretary and registered by the City Treasurer of the City of Schertz, Texas, and the interest coupons hereto attached to be executed by the facsimile signatures of said Mayor, City Secretary and City Treasurer, as of December 1, 1972. (SEAL OF CITY) COUNTERSIGNED: NO. REGISTERED THIS OF DAY , 197 City Treasurer, City of Schertz IX That the form of the interest coupons attached to said warrants shall be substantially as follows, to-wit: NO. $ ON THE FIRST DAY OF , 19_ the City of Schertz, Guadalupe County, Texas, will be justly indebted to Roland Elbel, Trustee, his assigns or bearer, in the sum of DOLLARS ($ ), and the City Treasurer of said City is hereby AUTHORIZED, ORDERED and DIRECTED to pay to bearer on said date out of and from the special "CITY OF SCHERTZ, TEXAS, POLICE STATIOIl WARRANT._ SERIES 1972-A, DATED DECEMBER 1, 1972, FUND" of said City, without exchange or collection charges to the holder at the SCHERTZ STATE BANK, SCHERTZ, TEXAS, said amount, the same being the interest due that day on CITY OF SCHERTZ, TEXAS, POLICE STATION WARRANT, SERIES 1972-A, dated December 1, 1972, No. Ma or, City of Schertz Texas , ATTEST: City Secretary, City of Schertz, Texas REGISTERED: City Treasurer, City of Schertz, Texas X That the following assignment may be printed on the back of each of said warrants: ASSIGNHENT THIS IS TO CERTIFY that the undersigned Roland Elbel, Trustee, has received the within principal warrant and annexed coupons from the City of Schertz, Texas, in payment of the contract price of a certain contract by and between said City and the undersigned dated November 16, 1972, and FOR VALUE RECEIVED the undersigned hereby transfers, assigns, sells and delivers to bearer, without recourse, all right, title and interest held by him in and to the same, and also the proportionate part of the contract price and debt due him, with interest thereon, which is represented by this principal warrant and annexed interest coupons; and said bearer is hereby subrogated to ,the proportionate part o,f all claims, liens, rights and title, whether in law or in equity, which are or may be vested in the undersigned by virtue of said contract dated November 16, 1972, and/or by virtue of the City having received the benefit of ac- quiring the land and improvements which are the subject of the aforesaid contract; and said bearer is hereby au- thorized to collect the same and give full acquittance thereof by the undersigned. Roland Elbel, Trustee XI That a special fund to be designated "City of Schertz, Texas, Police Station Warrants, Series 1972-A, Dated December l, 1972, Fund" shall be, and the same is hereby, created and set aside, which fund, when collected shall be used to pay the principal of and interest on said warrants at maturity and for no other purpose. That while said warrants, or any of them, or any interest thereon, are outstanding and unpaid, there shall be annually levied, assessed and collected an ad valorem tax, in due time, form and manner, on all taxable property in said city sufficient to pay the current in- terest thereon and to create a sinking fund to pay each installment of principal as the same becomes due, or a sinking fund of two per , . .' .,..-, cent (2%), whichever is greater as required by Article 11, Section 7 of the Constitution of the State of Texas, said tax to be based on the latest approved tax rolls of said City, with full allowance being made in each year for delinquencies and costs of collection; and an ad valorem tax at said rate and amount is hereby levied and assessed and is hereby ordered to be levied for each year while any of said warrants or any interest coupons appertaining thereto are outstand- ing and unpaid; and said tax shall be each year assessed and col- lected and applied to the payment of the principal of and interest on said warrants. XII That said interest bearing time warrants authorized here- in shall be delivered by the Mayor to the seller of said land and improvements, but only upon receipt of a properly signed and executed deed in the form provided in Paragraph II hereof, and the Mayor shall, upon delivery of said warrants, simultaneously receive from the seller of said land payment of all interest that has accrued on said warrants from and after the date of said warrants until the date the executed deed is delivered to the City and said interest bearing time warrants are delivered to said seller. PASSED, ADOPTED and APPROVED this, the 16th day of November, 1972. 9://d)~ Mayor, City of Schertz, Texas ATTEST: C~ty 0 (SEAL OF CITY) RESIDENTIAL LEASE NOTICE In /lCCtwdaru:.e with the Law this propmy is offered without rupeet to rClQ!'. color, crud 01' 7fCItiorulorip.. PARTIES This LEASE agreement, made and entered into by and between 11 herein designated as OWNER, and Ci V o.f'__Sft'h..,..... ---.l1erein designated as TENANT, PROPERTY WI1NESSETI-l; That the Owner leases to the Tenant, in their present condition, the premises located in Soherts. f... known and described as: ELbel E8tate .989 M1"e8 111 th hame including all improvements, fixtures, and furnifure (if any) as shown on attached schedule A, for the term of '.rIIo (2) Honths heginning on the 1.t. day of n..t_ber 1.9~ to be used and occupied by those persons listed hereon only as a &;ate dwelling. TERMS Tenant agrees to pay without demand, at the office of the Owner or Agent, the swn of .$ 200.00 in advance, on the 1 72 day of each and every month during the teem of this agreement PAYMENT PENALTY At the option of the Owner, Tenant agrees to pay the sum of five percent of the monthly rental charge as a late charge in the event the rent is paid more than ten days after same is due, and the additional sum of Taro Dollars for any check given as payment hereunder that is returned by the maker"s hank for insufficient funds, or stopped payment. DEPOSIT Receipt is ~by acknowledged of $---9- 00 as a security deposit for the faithful performance of all the terms and conditions of thiS lease. Express permission i~ hereby given to comingle same with any other property of Owner or his Agent, and under no circumstances is the same to be ..:oostmed as rent. Same will be returned to Tenant upon the payment of all rent due. the vacating of the premises in a dean condition, less all chacges for rlamage done to the property, and the return of all keys thereto. DEFAULT In the event the Tenant shall default in the prompt payment of rent when same is due, or violate, or omit to perform any of the provisions of this lease, or in the event the Tenant sh:J.lI abandon the premises, or leave them vacant, Owner may send written notice of such default to Tenant by mail or otherwise, to the d<.mised premises, and unless Tenant shall completely rore said default within three days after sending of said notice, Owner may re-enter the premises by summar)' pr~dings, or by. force, without being liable for prosecution therefor. take possession of said premises, and remove all persons or property therefrom, and may ~lect to eIther ~a:ncel thiS lease, or to relet the premises and receive the- rent therefor, which rent sh:lll be applied first to the expenses incurred by Owner in entermg ~d rdettlng, and then to the payment of the rent due and payable under this lease, Tenant to remain liable for any deficiency which may result. Owner shall speafICally have the right to institute and maintain the statutory suit of. Forcible Entry and Detainer in the proper Court, and obtain a writ for possession. thereby. REPAI_RS Tenant shall take good care of the property, and its fixtures, and shall at Tenant's own expense keep saia premises in good. repair, including glass, plwnb:ng, appliances, and electrical fixtures, unless specifically agreed otherwise in writing herein. Tenant further agrees to water and. maintain the yard, grass, shrubs, and to be responsible for any damage to the premises, furnishings or fixtures, caused by himself, his family, servants, agents, or invitees. INSPECTION Owner shall have the right to enter said premises at all reasonable hours, to examine same or make repairs, and to show the prerruses to prospectLve tenants 0[ purchasers. Tenant further covenants that he haS inspected the premises, and the same are suitable for the purposes fQr which they are leased, and thar the Owner shall not be liable for damages to the property of Tenant, his person, family, agents, or invitee;, occasioned by any; defects in said property. water, fire, electrical fixtures, or conne<:tions; the bursting. leaking Dr .overflowing of any pipes,. or fixtures; or by any other act, omission Dr neglect of Owner. NUISANCE The occupancy of the Tenant shall be conducted in srn:h a manner" as to not create any nuisance, nor interfere with, annoy, or disturb other tenants or neighbors, nor shall any pets be permitted on the above described. premises unless otherwise noted in writing herein. ABANDONED PROPERTY All property left in and about the premises by Tenant, shall be considered abandoned, and may be disposed of by Owner as he shall see fit, without recourse by Tenant. All property placed on the premises by Tenant is hereby subjected to a lien in favor of Owner fOJ: the payment of all sums agreed to be paid by'Tenant herein, ~id lien to be in addition to the landlord's lien provided by law. HOLDING OVER It is agreed that any holding over by the Tenant at the expiration of this lease shall be construed to be a tenancy from month to month at a rental of one and one.half times the rental shown herein. UTILITIES Unless otherwise mentioned herein, all utilities used in or about said premises shall be paid for by Tenant. This lease contains the entire agreement between the parties, and no representations, inducements. promises. or agreements, oral or 'otherwise. between the parties, not embodied herein, shall be of any force or effect. 'lb1. 1__ is nbjeot to the c1.oa1Dg or a prior otte by the 01~ of 50hertll to parcthu_ the JIl'Ope!"Qr at a price of $22.000.00. ex ,; J#I-t. ~ Executed th;, the '-t day of DECt'JYI BerL 19'7 Jl- Jftu~~ OWNER - AGENT BROKER 9A<U//d~ ?//~ J;;~7/~~ @ MCMLXX TEXAS STANDARD FORMS P_ 0_ BOX 26. SAN ANTONIO. TEXAS 78291 FORM NO.4