Professional Documents
Culture Documents
Plaintiff's Original Petition (3523745.3)
Plaintiff's Original Petition (3523745.3)
Plaintiff's Original Petition (3523745.3)
Kim Wells
Combination Clerk
San Saba County, Texas
Reviewed By: San Saba Clerk
10,435
CAUSE NO. __________________ 4/9/2024 2:59:42 pm
COMES NOW Plaintiff Flying J Interests, LP, and files its Original Petition (the
“Petition”) against William W. Ruth for his fraudulent misrepresentations and malicious
interference with Plaintiff’s contract for real property. 1 In support thereof, Plaintiff would
I. INTRODUCTION
contract with SRK Ranch, LLC (“SRK”) for the sale of real property (the “Contract”) located in
San Saba County, Texas: specifically, 184.5 acres out of the J CALLISON SURVEY, ABST 1796
and the GERMAN EMIGRATION CO SURVEY, ABST 436 in San Saba County, Texas (the
“Property”). Ex. A. 2 The Contract provided for a cash sales price of $922,500.00 in exchange for
the Property. Id., ¶ 5. The Contract also disclosed a right of first refusal purportedly held by William
1
Plaintiff has also filed suited against Defendant SRK Ranch, LLC because Plaintiff is seeking a declaratory judgment
on a certain contract that SRK has an interest in that would be affected by the declarations.
2
A true and correct copy of the Contract is attached hereto as Exhibit A.
3
There are allegations that the current right of first refusal purportedly held by Ruth was obtained through fraud or
duress, and that Ruth used his status as a (formerly in good standing) attorney to threaten litigation and coerce SRK
purchase the Property; however, Ruth failed to exercise any such right. Instead, on August 4, 2021,
Ruth filed a groundless lawsuit against SRK, wherein Ruth, conveniently, alleged that he had a
right to purchase the Property at better terms than those contained in the Contract. 4 Significantly,
Ruth’s specious lawsuit encumbered title to the Property and prevented Plaintiff and SRK from
3. Plaintiff and SRK, in the hopes that Ruth’s futile allegations would be disposed of,
agreed to extend the closing date multiple times. Ultimately, Plaintiff and SRK amended the
Contract twice (the “Amendments”) and changed the closing date, for the last time, to August 1,
2022. Ex. B; 5 Ex. C. 6 However, Plaintiff and SRK were again unable to close on April 11, 2022,
and then unable to close, for the third time, on August 1, 2022, because Ruth has maintained his
claims against SRK (thereby still encumbering the Property) despite no evidence existing to
support Ruth’s claims. Simply put, Ruth has abused his status as an attorney—although, currently,
in the State of Texas. Flying J may be served through its undersigned counsel.
7. William W. Ruth (“Ruth”) is an individual who is a Texas resident. The last three
numbers of Ruth’s Texas Driver’s License are 829, and the last three numbers of Ruth’s Social
Security Number are 121. Upon information and belief, Ruth can be served at his residence located
at 106 Settlement Drive Off N. Cherry Street, Fredericksburg, Texas 78624. Plaintiff requests
in Texas. SRK can be served through its registered agent: Cogency Global Inc., 1601 Elm Street,
Suite 4360, Dallas, Texas 75201. Plaintiff requests that citation be issued at this time.
9. This Court has jurisdiction over the subject matter of this lawsuit because the
amount in controversy is within the Court’s jurisdictional limits. Plaintiff currently seeks monetary
relief over $250,000, but not more than $1,000,000. This Court also has jurisdiction over Ruth
because he is a Texas resident. This Court also has jurisdiction over SRK because it purposefully
availed itself of the privilege of conducting activities in Texas and established minimum sufficient
contacts to confer jurisdiction over SRK. Specifically, SRK had continuous and sufficient contacts
in Texas to establish jurisdiction over SRK, including pursuant to Texas Civil Practice and
Remedies Code § 17.042 because SRK entered into contracts with Texas residents, Plaintiff and
10. Venue is proper in San Saba County, Texas, under Texas Civil Practice and
Remedies Code § 15.002(a)(1), because all or a substantial part of the events or omissions giving
Saba County, Texas, under Texas Civil Practice and Remedies Code § 15.035, because the parties
V. BACKGROUND
11. On or about February 26, 2006, Ruth (and non-party James Albert Crow) allegedly
entered into a Land Use Agreement & Covenant (the “Agreement”) with SRK. 7 Pursuant to the
Agreement, Ruth was granted a right of first refusal in certain land, which included the Property
12. The pertinent terms of the Agreement are simple: (1) If SRK receives a bona fide
offer to purchase property subject to the right of first refusal (including the Property) from a third
party, and SRK is willing to accept the third-party offer, SRK must first offer in writing to sell such
property (including the Property) to the holder of the right of first refusal on the same terms and
conditions as the third-party offer; (2) The holder of the right of first refusal shall notify SRK in
writing whether he elects to purchase the property subject to the third-party offer on the same terms
and conditions within thirty days after receiving written notice of the third-party offer from SRK;
and, most notably, (3) If a party fails or is unable to timely exercise its right hereunder (i.e., the
right of first refusal), then such right of first refusal shall lapse, time being of the essence with
respect to the exercise thereof, and SRK may accept the third party offer.
13. So, simply put, if SRK receives an offer from a third-party (i.e., Plaintiff), Ruth has
thirty days to purchase the Property under the same terms as the offer, or the right of first refusal
automatically terminates.
7
As noted above, there are allegations that Ruth fraudulently induced SRK into providing Ruth with this right of first
refusal. Specifically, SRK has alleged that Ruth misrepresented to SRK that he had an enforceable right of first refusal
and would file suit to enforce that (now believed to be fictitious) right of first refusal unless SRK executed the
Agreement and gave a new right of first refusal.
purchase of, the Property. Thereafter, on July 9, 2021, Plaintiff and SRK entered into the Contract,
whereby Plaintiff agreed to purchase the Property from SRK. Ex. A. Although the Contract did
recognize the alleged right of first refusal held by Ruth, as noted above, the right of first refusal
was expressly limited to 30 days after Ruth was presented with the Contract. Id., ¶ 11. On July 12,
2021, counsel for SRK presented Ruth with the Contract; accordingly, Ruth was required to
exercise the right of first refusal by August 11, 2021 (notwithstanding that Ruth had prior notice
of the potential purchase of the Property as of June 5, 2021). Yet Ruth failed to do so.
15. Ruth, instead of appropriately exercising his right of first refusal—which therefore
resulted in the automatic termination of the right of first refusal—misused his training and
experience as an attorney to file suit against SRK in a blatant attempt to scare SRK into providing
better purchasing terms to Ruth. Notably, Ruth did so because he was unable to close under the
terms presented in the Contract (and as required by the right of first refusal). Put differently, Ruth
abused his status as an attorney to prevent SRK from closing with Plaintiff on the bona-fide offer
16. After Ruth filed his specious lawsuit against SRK, thereby clouding title to the
Property, Plaintiff and SRK agreed to extend the closing date on the Property, first to April 11,
2022, and then, subsequently, to August 1, 2022. Exs. B, C. Plaintiff and SRK were hopeful that
Ruth would withdraw his lawsuit but, unfortunately, Ruth has persisted in bringing his unfounded
claims against SRK. Thus, Plaintiff was unable to close on either April 11, 2022, or August 1,
17. Accordingly, Ruth has intentionally interfered with the Contract—based on a right
of first refusal procured by fraud—and harmed Plaintiff by preventing it from obtaining the
18. Plaintiff incorporates by reference the factual allegations set forth in the paragraphs
19. As noted above, Plaintiff and SRK had multiple contracts: the Contract and the
Amendments. Exs. A–C. Importantly, Ruth received a copy of the Contract in July 2021. The
Contract provided that Plaintiff would purchase the Property for $922,500.00. Ex. A, ¶ 5. Although
the original closing date was set for August 19, 2022, SRK and Plaintiff agreed to extend the
closing date. Specifically, the first Amendment to the Contract was executed in March 2022, and
the first Amendment extended the closing date of the Contract to April 11, 2022. Ex. B; see Ex. A,
¶ 9. Thereafter, the second Amendment to the Contract was executed on June 29, 2022, and the
second Amendment extended the closing date of the Contract to August 1, 2022. Ex. C; see Ex. A,
¶ 9. The Contract also referenced Ruth’s fraudulently procured right of first refusal. Ex. A, ¶ 11.
20. Ruth was not a party to the Contract—nor the Amendments—but was aware of
them and still willfully and intentionally interfered with both. See Exs. A–C. Specifically, Ruth (1)
induced SRK to breach the Contract by preventing SRK from closing under the Contract or
providing clear title to the Property (as was required by the Contract); (2) alternatively, hindered
the performance of the Contract by preventing SRK from closing and making SRK’s ability to
provide clear title to the Property, as was required by the Contract, more difficult, burdensome,
and expensive; and (3) hindered the performed of the Contract by preventing SRK from delivering
the Property to Plaintiff at closing. Worse yet, Ruth knew that he had no legitimate basis to interfere
with either the Contract or the Amendments because he was unable to perform as required by the
Contract. So, Ruth decided to misrepresent his ability to enforce the right of first refusal and instead
fabricated a prior understanding that permitted Ruth to, conveniently, purchase the Property at
more beneficial terms than those contained within the Contract. And, perhaps worst of all, Ruth
knew that he had fraudulently procured the right of first refusal and, therefore, also knew that he
did not have any enforceable right to interfere with the Contract.
21. Ruth’s intentional, willful, and malicious interference with the Contract and the
Amendments—which was done solely to spite Plaintiff because Ruth was unable to match the
terms contained within the Contract—proximately caused injury to Plaintiff because it was unable
to obtain ownership of the Property. Accordingly, Plaintiff has been injured by Ruth’s tortious
interference and is entitled to actual damages associated with Ruth’s rampant misconduct,
including Plaintiff’s expectation interest and reliance interest. Plaintiff is also entitled to exemplary
damages, pursuant to Texas Civil Practice and Remedies Code § 41.003, because Plaintiff’s harm
22. Plaintiff incorporates by reference the factual allegations set forth in the paragraphs
23. Under the Contract (and the Amendments), Plaintiff was unable to close on the
Property because of a right of first refusal Ruth had allegedly procured from SRK. However, upon
information and belief, Ruth fraudulently procured the right of first refusal from SRK because
Ruth misrepresented material facts to SRK and induced SRK into providing Ruth with the right of
first refusal. Ruth also intended that such misrepresentations be repeated to Plaintiff, which they
were by virtue of the Contract. Ex. A, ¶ 11. Ruth’s fraudulent misrepresentations were material
24. Moreover, Ruth knew that the right of first refusal had been fraudulently procured
(and, therefore, was a false misrepresentation in and of itself); knew that it was false when he
originally obtained it; and knew that it was false when the representation was made to Plaintiff.
See Ex. A, ¶ 11. Not only did Ruth intend for Plaintiff to rely on such a misrepresentation—because
it prevented Plaintiff from closing on the Property—but Ruth necessarily intended that all third
parties offering to purchase the Property rely on the misrepresentations because it would prevent
the sale of the Property without Ruth getting the first bite at the apple. Notably, Ruth was aware
that Plaintiff relied on the misrepresentation because Plaintiff delayed closing on the Property until
Ruth was to exercise his purported right of first refusal. Plaintiff’s delay in closing on the Property
resulted in injury and corresponding damages to Plaintiff, including because it was unable to obtain
25. Ruth’s misconduct was willful and intentional, constituting malice, actual fraud, or
gross negligence. Thus, Plaintiff is entitled to actual damages, including out-of-pocket damages
and benefit-of-the-bargain damages, and exemplary damages under Texas Civil Practice and
Remedies Code § 41.003, based Ruth’s unconscionable, deceitful, and fraudulent conduct.
26. Plaintiff incorporates by reference the factual allegations set forth in the paragraphs
27. As noted above, Ruth concealed that he had fraudulently obtained the right of first
refusal and that, because of his fraudulent inducement, he did not possess a valid and enforceable
because (1) Ruth, by virtue of the right of first refusal language contained within the Contract,
knew that a representation was made that created a substantially false impression; and (2) Ruth,
by virtue of the Agreement, had already voluntarily disclosed some information regarding his
purported right of first refusal. See Ex. A, ¶ 11. Thus, Ruth possessed a duty to correct and disclose
that such a misrepresentation was false. Yet Ruth failed to do so. And there is no doubt that such
concealed facts were material because they were contained within the Contract and prevented
28. Ruth also knew that Plaintiff was ignorant of those concealed, material facts and
would not have had an equal opportunity to discover same because the fraud—stemming from the
original negotiations surrounding the right of first refusal—occurred before Plaintiff was involved.
Of course, Ruth intended for Plaintiff (just as Ruth intended for all third parties) to rely on such a
misrepresentation because it prevented Plaintiff from closing on the Property until Ruth had a
chance to exercise his “right of first refusal.” And Plaintiff did rely on Ruth’s material
misrepresentation, as demonstrated by the Contract and Plaintiff’s delay in closing on the Property,
which resulted in injury to Plaintiff, including because it was unable to obtain ownership of the
Property.
29. Ruth’s misconduct was willful and intentional, constituting malice, actual fraud, or
gross negligence. Thus, Plaintiff is entitled to actual damages, including out-of-pocket damages
and benefit-of-the-bargain damages, and exemplary damages under Texas Civil Practice and
Remedies Code § 41.003, based Ruth’s unconscionable, deceitful, and fraudulent conduct.
30. Plaintiff incorporates by reference the factual allegations set forth in the paragraphs
31. In light of Ruth’s rampant fraudulent misconduct and tortious interference, Plaintiff
has been forced to institute this action to protect itself and—what should be—its Property. And
because the alleged right of first refusal was subsumed within Plaintiff’s Contract, Plaintiff has a
vested interest the validity (or lack thereof) of the Agreement and Ruth’s purported rights under
a. That Ruth, pursuant to the Agreement, failed to appropriately exercise his purported
right of first refusal;
b. That Ruth’s failure to appropriately exercise his purported right of first refusal
resulted in said right lapsing or automatically terminating; and
c. That Ruth no longer possesses a valid and enforceable right of first refusal with
respect to the Property.
32. Plaintiff seeks and is entitled to recover its reasonable and necessary attorneys’ fees
33. All conditions precedent for Plaintiff’s claims have occurred, passed, or been
fulfilled.
34. Plaintiff did not discover, nor could it have discovered by the exercise of reasonable
diligence, the existence of its causes of action against Defendants prior to any applicable statute of
limitations.
35. Plaintiff reasserts and incorporates by reference the allegations set forth above.
Plaintiff has retained Donald E. Godwin, and the law firm of GODWIN BOWMAN PC to
represent it in this action and have agreed to pay the firm reasonable and necessary attorneys’ fees.
X. PRAYER
respectfully requests that this Court enter judgment against Defendants William W. Ruth and SRK
b. Exemplary damages;
f. Costs; and
g. All other such relief to which Plaintiff may be entitled, whether at law or in
equity.
GODWIN | BOWMAN PC
Donald E. Godwin
State Bar No. 08056500
DGodwin@GodwinBowman.com
Logan C. Miller
State Bar No. 24126747
LMiller@GodwinBowman.com
Benjamin A. Noskin
State Bar No. 24137652
BNoskin@GodwinBowman.com
~
TREC
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
FARM AND RANCH CONTRACT A
1. PARTIES: The parties to this contract are SRK Ranch LLC
(Seller) and Flying J Interests, LP, a Texas Limited Partnership (Buyer). Seller agrees to
sell and convey to Buyer and Buyer agrees to buy from Seller the Property defined below.
2. PROPERTY: The land, improvements, accessories and crops except for the exclusions and
reservations, are collectively referred to as the Property (Property).
A. LAND: The land situated in the County of San Saba , Texas,
described as follows: 184.5 acres out of the J CALLISON SURVEY, ABST 1796 and the GERMAN
EMIGRATION CO SURVEY, ABST 436. See attached survey and field notes for Exhibit "A".
or as described on attached exhibit, also known as 184.5 acres San Saba County, 1
(address/zip code), together with all rights, privileges, and appurtenances pertaining thereto,
including but not limited to: water rights, claims, permits, strips and gores, easements, and
cooperative or association memberships.
B. IMPROVEMENTS:
(1) FARM and RANCH IMPROVEMENTS: The following permanently installed and built-in items,
if any: windmills, tanks, barns, pens, fences, gates, sheds, outbuildings, and corrals.
(2) RESIDENTIAL IMPROVEMENTS: The house, garage, and all other fixtures and improvements
attached to the above-described real property, including without limitation, the following
permanently installed and built-in items, if any: all equipment and appliances,
valances, screens, shutters, awnings, wall-to-wall carpeting, mirrors, ceiling fans , attic fans,
mail boxes, television antennas, mounts and brackets for televisions and speakers, heating
and air-conditioning units, security and fire detection equipment, wiring, plumbing and
lighting fixtures, chandeliers, water softener system, kitchen equipment, garage door
openers, cleaning equipment, shrubbery, landscaping, outdoor cooking equipment, and all
other property attached to the above described real property.
C. ACCESSORIES:
(1) FARM AND RANCH ACCESSORIES: The following described related accessories: (check boxes
of conveyed accessories) D portable buildings D hunting blinds D game feeders
D livestock feeders and troughs Oirrigation equipment D fuel tanks D submersible
pumps D pressure tanks D corrals ~ gates D chutes D other:
(2) RESIDENTIAL ACCESSORIES: The following described related accessories, 1f any: window air
conditioning units, stove, fireplace screens, curtains and rods, blinds, window shades,
draperies and rods, door keys, mailbox keys, above ground pool, swimming pool equipment
and maintenance accessories, artificial fireplace logs, security systems that are not fixtures,
and controls for: (i) garage doors, (ii) entry gates, and (iii) other improvements and
accessories. "Controls" includes Seller's transferable rights to the (i) software and
applications used to access and control improvements or accessories, and (ii) hardware used
solely to control improvements or accessories.
D. CROPS: Unless otherwise agreed in writing, Seller has the right to harvest all growing crops
until delivery of possession of the Property.
E. EXCLUSIONS: The following improvements, accessories, and crops will be retained by Seller
and must be removed prior to delivery of possession: "--'
n-=-o"""'ne
-=---- - - - - - - - - - - - - - - -
F. RESERVATIONS: Any reservation for 0 11, gas, or other minerals, water, timber, or other interests
is made in accordance with an attached addendum.
3. SALES PRICE:
A. Cash portion of Sales Price payable by Buyer at closing . . . . . . . . . . . . . . . . $ _ _ __ _ __,,9""2""'2' -"5""'0~0-c,,:0.,e.0
B. Sum of all financing described in the attached: D Third Party Financing Addendum,
D Loan Assumption Addendum, D Seller Financing Addendum. . . . . . . . . . $ _ _ _ __ _ _ _ __
C. Sales Price (Sum of A and ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 922,500.00
D. The Sales Price Owill ~will not be adjusted based on the survey required by Paragraph 6C.
If the Sales Price is adjusted, the Sales Price will be calculated on the basis of $ - - - - - - , - - - - -
per acre. If the Sales Price is adjusted by more than 10%, either party may terminate this
contract by providing written notice to the other party within _ _ __ _ _ _ _ _ _ days after the
terminating party receives the survey. If neither party terminates this contract or if the
variance is 10% or less, the adjustment will be made to the amount in D 3A D 38
D proportionately to 3A and 38.
4. LEASES Except as disclosed in this contract, Seller is not aware of any leases affecting
the Property. After the Effective Date, Seller may not, without Buyer's written consent, create a
new lease, amend any existing lease, or convey any interest in the Property. (Check all applicable
boxes)
D A. RESIDENTIAL LEASES: The Property is subject to one or more residential leases and the
Addendum Regarding Residential Leases is attached to this contract.
D B. FIXTURE LEASES: Fixtures on the Property are subject to one or more fixture leases (for
example, solar panels, propane tanks, water softener, security system) and the Addendum
Regarding Fixture Leases is attached to this contract.
D C. NATURAL RESOURCE LEASES: "Natural Resource Lease" means an existing oil and gas, mineral,
water, wind, or other natural resource lease affecting the Property to which Seller is a party.
Initialed for identification by Buyer ~ and Seller ~ TREC NO. 25-1 3
Tens Ranch Brokers LLC, P.O. Box 1338 Burnet TX 78611 07/08121 Ol!0912 1 Phone: 5127567718 Fax: Hal-SRK 184
Mike Bncon Drew Colvin Produced wilh Lone Will'PM!ijliactions (zipForm Edition)
dotloop Verified
23~Jii~~l;r. Cambrtdge, Onlarto, Canada NH 1J5 www.lwolf.com
□ (1) Seller has delivered to Buyer a copy of all the Natural Resource Leases.
□ (2) Seller has not delivered to Buyer a copy of all the Natural Resource Leases. Seller shall
provide to Buyer a copy of all the Natural Resource Leases within 3 days after the Effective
Date. Buyer may terminate the contract within ___ days after the date the Buyer
receives all the Natural Resource Leases and the earnest money shall be refunded to Buyer.
Buyer must object the earlier of (i) the Closing Date or (ii) 7 days after Buyer receives the
Commitment, Exception Documents, and the survey. Buyer's failure to object within the time
allowed will constitute a waiver of Buyer's right to object; except that the requirements in
Schedule C of the Commitment are not waived by Buyer. Provided Seller is not obligated to incur
any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15
days after Seller receives the objections (Cure Period) and the Closing Date will be extended as
necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to
Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the earnest
money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate within
the time required, Buyer shall be deemed to have waived the objections. If the Commitment or
Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new
matter revealed in the revised Commitment or Survey or new Exception Document(s) within the
same time stated in this paragraph to make objections beginning when the revised Commitment,
Survey, or Exception Document(s) is delivered to Buyer.
E. EXCEPTION DOCUMENTS: Prior to the execution of the contract, Seller has provided Buyer with
copies of the Exception Documents listed below or on the attached exhibit. Matters reflected in
the Exception Documents listed below or on the attached exhibit will be permitted exceptions in
the Title Policy and will not be a basis for objection to title:
Document Date Recording Reference
F. SURFACE LEASES: Prior to the execution of the contract, Seller has provided Buyer with copies of
written leases and given notice of oral leases (Leases) listed below or on the attached exhibit.
The following Leases will be permitted exceptions in the Title Policy and will not be a basis for
objection to title: =n~
o=ne~-----------------------------
G. TITLE NOTICES:
(1) ABSTRACT OR TITLE POLICY: Broker advises Buyer to have an abstract of title covering the
Property examined by an attorney of Buyer's selection, or Buyer should be furnished with or
obtain a Title Policy. If a Title Policy is furnished, the Commitment should be promptly
reviewed by an attorney of Buyer's choice due to the time limitations on Buyer's right to
object.
(2) STATUTORY TAX DISTRICTS: If the Property is situated in a utility or other statutorily created
district providing water, sewer, drainage, or flood control facilities and services, Chapter 49,
Texas Water Code, requires SellE;ir to deliver and Buyer to sign the statutory notice relating to
the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this
contract.
(3) TIDE WATERS: If the Property abuts the tidally influenced waters of the state, §33.135,
Texas Natural Resources Code, requires a notice regarding coastal area property to be
included in the contract. An addendum containing the notice promulgated by TREC or
required by the parties must be used.
(4) ANNEXATION: If the Property is located outside the limits of a municipality, Seller notifies
Buyer under §5.011, Texas Property Code, that the Property may now or later be included in
15. DEFAULT: If Buyer fails to comply with this contract, Buyer will be in default, and Seller
may (a) enforce specific performance, seek such other relief as may be provided by law, or both,
or (b) terminate this contract and receive the earnest money as liquidated damages, thereby
releasing both parties from this contract. If Seller fails to comply with this contract for any other
reason, Seller will be in default and Buyer may (a) enforce specific performance, seek such other
relief as may be provided by law, or both, or (b) terminate this contract and receive the earnest
money, thereby releasing both parties from this contract.
16. MEDIATION: It is the policy of the State of Texas to encourage resolution of disputes
through alternative dispute resolution procedures such as mediation. Any dispute between Seller
and Buyer related to this contract which is not resolved through informal discussion will be
submitted to a mutually acceptable mediation service or provider. The parties to the mediation
shall bear the mediation costs equally. This paragraph does not preclude a party from seeking
equitable relief from a court of competent jurisdiction.
17. ATTORNEY'S FEES: A Buyer, Seller, Listing Broker, Other Broker, or escrow agent who
prevails in any legal proceeding related to this contract is entitled to recover reasonable attorney's
fees and all costs of such proceeding.
18. ESCROW:
A. ESCROW: The escrow agent is not (i) a party to this contract and does not have liability for the
performance or nonperformance of any party to this contract, (ii) liable for interest on the
earnest money and (iii) liable for the loss of any earnest money caused by the failure of any
financial institution in which the earnest money has been deposited unless the financial
institution is acting as escrow agent. Escrow agent may require any disbursement made in
connection with this contract to be conditioned on escrow agent's collection of good funds
acceptable to escrow agent.
B. EXPENSES: At closing, the earnest money must be applied first to any cash down payment,
then to Buyer's Expenses and any excess refunded to Buyer. If no closing occurs, escrow agent
may: (i) require a written release of liability of the escrow agent from all parties; and (ii)
require payment of unpaid expenses incurred on behalf of a party. Escrow agent may deduct
authorized expenses from the earnest money payable to a party. "Authorized expenses" means
expenses incurred by escrow agent on behalf of the party entitled to the earnest money that
were authorized by this contract or that party.
C. DEMAND: Upon termination of this contract, either party or the escrow agent may send a
release of earnest money to each party and the parties shall execute counterparts of the
release and deliver same to the escrow agent. If either party fails to execute the release, either
party may make a written demand to the escrow agent for the earnest money. If only one party
makes written demand for the earnest money, escrow agent shall promptly provide a copy of
the demand to the other party. If escrow agent does not receive written objection to the
demand from the other party. If escrow agent does not receive written objection to the demand
from the other party within 15 days, escrow agent may disburse the earnest money to the
party making demand reduced by the amount of unpaid expenses incurred on behalf of the
party receiving the earnest money and escrow agent may pay the same to the creditors. If
escrow agent complies with the provisions of this paragraph, each party hereby releases escrow
agent from all adverse claims related to the disbursal of the earnest money.
D. DAMAGES: Any party who wrongfully fails or refuses to sign a release acceptable to the escrow
agent within 7 days of receipt of the request will be liable to the other party for (i) damages; (ii)
the earnest money; (iii) reasonable attorney's fees; and (iv) all costs of suit.
E. NOTICES: Escrow agent's notices will be effective when sent in compliance with Paragraph 21.
Notice of objection to the demand will be deemed effective upon receipt by escrow agent.
19. REPRESENTATIONS: All covenants, representations and warranties in this contract
survive closing. If any representation of Seller in this contract is untrue on the Closing Date,
Seller will be in default. Unless expressly prohibited by written agreement, Seller may continue to
show the Property and receive, negotiate and accept back up offers.
20. FEDERAL TAX REQUIREMENTS: If Seller is a "foreign person," as defined by Internal
Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non-
foreign status to Buyer that Seller is not a "foreign person," then Buyer shall withhold from the
sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the
Internal Revenue Service together with appropriate tax forms. Internal Revenue Service
regulations require filing written reports if currency in excess of specified amounts is received in
the transaction.
21. NOTICES: All notices from one party to the other must be in writing and are effective
when mailed to, hand-delivered at, or transmitted by fax or electronic transmission as follows:
To Buyer at: 3630 Lost Creek Blvd. To Seller at: 1100 Camellia Blvd #201
E-mail/Fax: E-mail/Fax:
22. AGREEMENT OF PARTIES: This contract contains the entire agreement of the parties
and cannot be changed except by their written agreement. Addenda which are a part of this
contract are (check all applicable boxes):
□ Addendum for Coastal Area Property □ Addendum for Property in a Propane Gas
System Service Area
□ Addendum for Authorizing Hydrostatic
Testing Addendum Regarding Residential Leases
23. CONSULT AN AHORNEY BEFORE SIGNING: TREC rules prohibit real estate license holders
from giving legal advice. READ THIS CONTRACT CAREFULLY.
Buyer's Seller's
Attorney is: ""G""r~e.._g--'Sc..ct=ie~g,...__ _ _ _ _ __ Attorney is: Dick Miller
Fax: Fax:
Buyer Seller
Buyer Seller
~ The form of this contract has been approved by the Texas Real Estate Commission. TREC forms are intended for use only
by trained real estate license holders. No representation is made as to the legal validity or adequacy of any provision in any
TREC specific transactions. It is not intended for complex transactions. Texas Real Estate Commission, P.O. Box 12188, Austin,
TX 78711-2188, (512) 936- 3000 (http://www.trec.texas.gov) TREC NO. 25-1 3. This form replaces TREC NO. 25-12.
TREC NO.
25-13
Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com Hal-SRK 184
RATIFICATION OF FEE
Listing Broker has agreed to pay Other Broker of the total Sales Price
-------------
when Listing Broker's fee is received. Escrow Agent is authorized and directed to pay Other Broker from
Listing Broker's fee at closing.
Other Broker: Listing Broker:
By: By:
Licensed Supervisor of Associate License No Licensed Supervisor of Listing Associate License No.
313 s Main
Other Broker's Office Address Phone Listing Broker's Office Address Phone
Burnet TX 78611
City State Zip City State Zip
~'W,f~,f'lY
Buy--- - - - - -- - - - - - - - - -- ~
Seller Buyer
Do not sign if there is a separate written agreement for payment of Brokers' fees .
TREC NO.
25-13
Produced with Lone Wolf Transactions (zipFonn Edition) 231 Shearson Cr. Cambridge, Ontario, Canada NH 1J5 www.lwolf.com Hal-SRK 184
Address Phone
CONTRACT RECEIPT
ceived by
Maependence Title
Escrow
703 S. Western 5~~ • S';Slo 3 (d)1
Addressl.ampasas, TX 76550 Phone
Zip
~12- '5'5 l 12 3eoot Fax
City State
Address Phone
TREC NO.
25-13
Produced with Lone WolrTransactions (zipFom, Edition) 231 Shearson Cr. Cambridge. Ontario, Canada N1T 1J5 www.lwoif.com Hal-SRK 184
ADDENDUM
Date: Date:
Signature Signature
Date: Date:
- - - - - - - - - - - - - - - - ---- --------------------
Signature Signature
Addendum
Texn, Ranch Droke•~ LLC, P.O. Bo x 1338 Burnet TX 78611 Phone: 5127567718 Fax: Hol-SRK 184
Mike Bacon Drew Colvin Produced with Lone Wolf Transaclions (zipForm Edilion) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com
AMENDMENT f}H
IEI
TO CONTMCT CONCERNING THE PROPERTY AT
Hffi'
184,6 acres and being the Contract betrvoon the with Efoctivo Date ot7lgl^021
(Street Address and Ctty)
Ilzt
This Amendmerrt may be executed in identical counlerparts and will be offective when
the last counlerpart is signed,
LP h L,L,U
a,
Thts fo.rm hds beon approved by the Texas Real Estate commlsslon for use wlth slmllarly approved
contract forrns, such anoroval relaLes to thls form.only, TREC fonils are lntended
or promulgated
li-cense.holders , No.reiJesentation ls made as to the legal valldlty or. aaequiiv -of
toi use only by tralnei reat 6stit
any provlsion in any speclfic
transactlons. It ls not lntendecl tor c0mplex transactlons. iexas Reai r.t.te ii*nitr.lon, r,o, Box
78711-2188, 512-936-3000 (hnp://vrww.trec,texas,gov ) TREC No. rs_8, xrii foim ;placesTREC 12188, Austin, Tx
No. 39-7,
San Saba County, Texas containing 184.5 acres and being the Contract between the parties with Effective Date of 7/9/21
(Street Address and City)
Seller and Buyer amend the contract as follows: (check each applicable box)
□ (1) The Sales Price in Paragraph 3 of the contract is:
A. Cash portion of Sales Price payable by Buyer at closing ................. .. .. .... .. $_ _ _ _ _ __
B. Sum of financing described in the contract .... . ... .. ....... .. .. ..... ..... .. ........... , $_ _ _ _ _ __
C. Sales Price (Sum of A and B) .................... .... ..... .... ..... ...... ........ .... .. .. .. .. $_ _ __ __ _
□ (2) In addition to any repairs and treatments otherwise required by the contract, Seller, at Seller's
expense, shall complete the following repairs and treatments:
Flying JInterests, LP
I
,:
I
Buyer Seller
Buyer Seller
~ This form has been approved by the Texas Real Estate Commission for use with similarly approved or promulgated
contract forms. Such approval relates to this form only. TREC forms are intended for use only by trained real estate
license holders . No representation is made as to the legal validity or adequacy of any provision in any specific
TREC transactions. It is not intended for complex transactions. Texas Real Estate Commission, P.O . Box 12188, Austin, TX
7B711-21B8, 512-936-3000 (http://www.trec .texas.gov) TREC No. 39-8. This form replaces TREC No. 39-7.