1991-023expro
THIS ORDINANCE REPEALED BY ORDINANCE 91-047
ORDINANCE NO 0 3
AN ORDINANCE APPROVING A CONTRACT PROVIDING FOR THE EXCHANGE OF
CERTAIN REAL PROPERTY OWNED BY NCNB AND THE CITY, AUTHORIZING THE
ACCEPTANCE OF AN ACCESS EASEMENT FROM NCNB, AND PROVIDING FOR AN
EFFECTIVE DATE
WHEREAS, the City, in accordance with the requirements of TEX
LOC GOVT CODE ANN §272 001 (Vernon 1988), has advertised that
for the exchange of a certain tract of real property for another
tract of real property located at the intersection of Lillian
Miller Road and Teasley Lane, and
WHEREAS, the City Manager having recommended to the City
Council that the said exchange of land be approved, NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SECTION I That the City Council of the City of Denton, Texas,
approves the contract between the City and NCNB providing for the
exchange of the real property described in the contract, a copy of
which is attached hereto as Exhibit "A" and incorporated by
reference herein
SECTION II That the City Council authorizes the Mayor and
City Manager to execute any and all documents necessary to
consummate the purchase of real property in accordance with the
contract
SECTION III That the City Manager is authorized to accept an
access easement from NCNB, a copy of which is attached hereto
SECTION IV That this ordinance shall become effective immedi-
ately upon its passage and approval
PASSED AND APPROVED this the day of 1991
BOB CASTLEBERRY, MAYOR
ATTEST
JENNIFER WALTERS, CITY SECRETARY
BY (I)
APPROVED AS TO LEGAL FORM
DEBRA A DRAYOVITCH, CITY ATTORNEY
~l
BY
16Z& -i~,)
PAGE 2
CONTRACT FOR EXCHANGE OF REAL PROPERTY
This agreement is made on the 6f day of 1991,
by and between the City of Denton, Texas, a municipal co oration,
hereinafter referred to as "City", and NCNB Texas Nati al Bank,
Trustee, (formerly First National Bank of Dallas), hereinafter re-
ferred to as "Bank"
It is agreed as follows:
1 NCNB agrees to convey to City, by general warranty deed,
upon the terms and for the consideration not forth herein, all that
certain real property, situated in the City of Denton, County of
Denton, State of Texas and described as follows
All that certain lot, tract, or parcel of land situated in
Denton County, Texas in the C Poulallier Survey, A-1006
and being part of a tract shown by deed to First National
Bank, Trustee, recorded in Volume 718, Page 57 Deed Records
of Denton County, Texas and being more particularly de-
scribed as follows
BEGINNING at the southeast corner of said First National
Bank tract;
THENCE south 88. 49' 55" west with the south line of said
First State Bank tract 493 17' to its southwest corner,
THENCE north 1. 10' 05" west a distance of 250 0 feet to a
point for a corner;
THENCE 880 49' 55" east a distance of 493 17' to a point in
the westerly right-of-way line of F M 2181,
THENCE south 1. 10' 05" east a distance of 250 Of to the
Point of Beginning and containing 2 8304 acres of land
2 City agrees to convey to NCNB, by special warranty deed,
upon too terms and for the consideration set forth herein, all that
certain real property situated in the City of Denton, County of
Denton, State of Texas and more particularly described as follows
All that certain lot, tract, or parcel of land lying and
being situated in the City and County of Denton, State of
Texas, and being part of the C Poulallier Survey, Abstract
No. 1006 and being part of tract conveyed to the City of
Denton by deed recorded in Volume 2423, Page 154 Real
Property Records and also being part of two tracts conveyed
to the State of Texas by deeds recorded in Volume 400, Page
341 and Volume 400, Page 334, Deed Records, Denton County,
Texas and being more particularly described as follows
BEGINNING at the northeast corner of the herein described
tract, said point lying in the south line of F M 2181
(Teasley Lane), a public roadway with a right-of-way of
90.0 feet and the west line of Lillian Miller Parkway, a
public roadway with a right-of-way of 90 0 feet,
THENCE south 10 04' 17" east along the east boundary line
of the herein described tract, same being the west line of
F M. 2181 (Teasley Lane), passing at 285 79 feet the
northeast line of the old curve portion of F M 2181
(Teasley Lane) right-of-way and continuing a total distance
of 575 43 feet to a point for corner, said point lying in
the southwest right-of-way line of the old curve portion of
F.M 2181 (Teasley Lane), same being the northeast boundary
line of a tract conveyed to First National Bank by deed
recorded in Volume 718, Page 57, Deed Records of Denton
County, Texas, said point also being the beginning of a
curve to the left having a radius of 671 20 feet, a central
angle of 660 33' 54" and a chord bearing and distance of
north 41' 00' 11" west, 736 66 feet,
THENCE northeasterly along said curve and lines an arc
length of 779 78 feet to a point for a corner;
THENCE north 700 12' 43" east along the south line of F M
2181 (Teasley Lane) a distance of 62 74 feet to a point for
corner;
THENCE South 89. 44' 37" east continuing along the south
line of F M 2181 (Teasley Lane) passing at 126 36 feet the
northeast line of the old curve portion of F M. 2181
(Teasley Lane) right-of-way and continuing a total distance
of 413 54 feet to the place of beginning and containing
1.962 acres of land, more or less.
City shall deliver said deed to NCNB upon receipt of
(a) a general warranty deed from NCNB to city
conveying the property described in paragraph 1;
and
(b) a sum of money equal to the estimated 1991
taxes on said property, prorated from January 1,
1991 through the date of delivery of the deed, at
a rate of $3 86 per day
4. Possession of all property, real or personal, covered by
this agreement shall be delivered by each party to the other upon
exchange of deeds
CONTRACT FOR PURCHASE OF REAL PROPERTY/ PAGE 2
5 Closing Date. The transactions shall be closed on or be-
fore one hundred eighty (180) calendar days from the date of execu-
tion of this agreement by the City and NCNB, or at such other time
as the parties may mutually agree, at the office of the escrow
agent or at such other location as is mutually agreeable to the
parties herein.
6. Integration This agreement constitutes the entire agree-
ment between the parties and neither party relies upon any warrants
or representation not contained herein.
In witness whereof, the parties have executed this agreement on
the date first above written.
CITY OF DENTON
BY
ATTEST
JENNIFER WALTERS, CITY SECRETARY
BY 11
APPROVED AS TO LEGAL FORM
DEBRA A. DRAYOVITCH, CITY ATTORNEY
BY•
NCNB
BY
TITLE
CONTRACT FOR PURCHASE OF REAL PROPERTY/ PAGE 3
i
THE STATE OF TEXAS §
COUNTY OF DENTON §
This instrument was acknowledged before me on the ylf~ day of
u , 1991 by Bob Castleberry, Mayor of the city of
Denton, Te3Pas, a Municipal Corporation, on behalf of said Municipal
corporation
- - -
ELP.ASM J VALUAMS
N" A&M
STATE Of TEXAS
a My Oennn. Eta. Mry 16,1989
THE STATE OF TEXAS §
COUNTY OF DENTON §
T Y PUB - , STATE OF TEXAS
This instrument was acknowledge before me on the
, 1991 by
NOTARY PUBLIC, STATE OF TEXAS
ncr.bk
day of
CONTRACT FOR PURCHASE OF REAL PROPERTY/ PAGE 4
exo
ORDINANCE NO
AN ORDINANCE APPROVING A CONTRACT PROVIDING FOR THE EXCHANGE OF
CERTAIN REAL PROPERTY OWNED BY NCNB AND THE CITY, AUTHORIZING THE
ACCEPTANCE OF AN ACCESS EASEMENT FROM NCNB, REPEALING ORDINANCE 91-
023, AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the City, in accordance with the requirements of TEX
LOC GOVT CODE ANN §272 001 (Vernon 1988), has advertised that
for the exchange of a certain tract of real property for another
tract of real property located at the intersection of Lillian
Miller Road and Teasley Lane, and
WHEREAS, the City Manager having recommended to the City Coun-
cil that the said exchange of land be approved, NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SECTION I That the City Council of the City of Denton, Texas,
approves the contract between the City and NCNB providing for the
exchange of the real property described in the contract, a copy of
which is attached hereto as Exhibit "A" and incorporated by refer-
ence herein
SECTION II That the City Council authorizes the Mayor and
City Manager to execute any and all documents necessary to con-
summate the purchase of real property in accordance with the con-
tract
SECTION III That the Mayor is authorized to accept an access
easement from NCNB, a copy of which is attached hereto as Exhibit
"B"
SECTION IV That ordinance no 91-023 is hereby repealed
That the City Secretary is hereby directed to note on the face of
ordinance 91-023 the fact that said ordinance is repealed and
superseded by this ordinance
SECTION V That this ordinance shall become effective immedi-
ately upon its passage and approval
PASSED AND APPROVED this the day of , 1991
CASTLEBERRY, MA
ATTEST
JENNIFER WALTERS, CITY
BY
APPROV AS 'O LEGAL FORM
DEBRA A DRAYOVITCH, CITY ATTORNEY
BY
PAGE 2
This Exchange Contract ("Contract") is made and entered into
as of the Effective Date between NCNB TEXAS NATIONAL BANK,
(ASSIGNEE OF THE FEDERAL DEPOSIT INSURANCE CORPORATION, AS RECEIVER
OF FIRST REPUBLICBANK DALLAS, N A , SUCCESSOR BY MERGER TO
REPUBLICBANK DALLAS, N A , FORMERLY KNOWN AS REPUBLIC BANK OF
DALLAS), TRUSTEE, and the City of Denton ("City"), a
municipal corporation and political subdivision of the State of
Texas, acting by and through its duly authorized officers
WHEREAS, Bank owns that certain tract of land situated in
Denton County, Texas and being more particularly described in
Exhibit A ("Tract A") attached hereto and incorporated herein for
all purposes, and
WHEREAS, City owns that certain tract of land situated in
Denton County, Texas and being more particularly described in
Exhibit B ("Tract B") attached hereto and incorporated herein for
all purposes, and
WHEREAS, City wishes to acquire Tract A, and
WHEREAS, Bank is willing to convey Tract A to City in exchange
for City conveying Tract B to Bank, upon the terms and conditions
contained herein,
NOW, THEREFORE, for and in consideration of the sum of Ten and
N01100 Dollars ($10 00) in cash to each paid in hand by the other,
the receipt and sufficiency of which is hereby acknowledged and
confessed, and of the mutual agreements contained herein, Bank and
city hereby agree as follows
1 Exchange Aareement Upon the terms and conditions
contained herein, Bank agrees to convey Tract A to City, and City
agrees to convey Tract B to Bank
2 No Creation of Additional Encumbrances by Affirmative
Actions
A Between the Effective Date and the Closing Date,
Bank agrees that Bank will not through affirmative actions
taken after the Effective Date create any additional
encumbrance affecting Tract A without the express prior
written consent of City City agrees that City will not
withhold consent to a proposed additional encumbrance
affecting Tract A if such proposed additional encumbrance has
no material, adverse effect upon the value, development or use
of Tract A If Bank through affirmative actions taken after
the Effective Date does create any additional encumbrance
affecting Tract A without the express prior written consent of
City, Bank shall be required to remove any such additional
encumbrance at Bank's sole cost and expense prior to or at the
Closing
B Between the Effective Date and the Closing Date,
City agrees that City will not through affirmative actions
taken after the Effective Date create any additional
encumbrance affecting Tract B without the express prior
written consent of Bank Bank agrees that Bank will not
withhold consent to a proposed additional encumbrance
affecting Tract B if such proposed additional encumbrance has
no material, adverse effect upon the value, development or use
of Tract B If City through affirmative actions taken after
the Effective Date does create any additional encumbrance
affecting Tract B without the express prior written consent of
Bank, City shall be required to remove any such additional
encumbrance at City's sole cost and expense prior to or at the
closing
3 Closing Date The transactions contemplated in this
Contract shall be closed (the "Closing") on or before one hundred
eighty (180) calendar days from the Effective Date, or at a time,
on a date and at a place agreeable to both Bank and City
4
A At the Closing, Bank shall (i) execute,
acknowledge and deliver to City a General Warranty Deed
conveying Tract A to City (the "Bank Deed"), and (ii) deliver
possession of Tract A to City
B. At the Closing, City shall (i) execute,
acknowledge and deliver to Bank a Special Warranty Deed
conveying Tract B to Bank (the "City Deed"), and (ii) deliver
possession of Tract B to Bank
C. At the Closings, Bank and City shall execute,
acknowledge and deliver, each to the other, that certain
Easement Agreement (herein so called) whereby Bank grants to
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City an easement over and across land owned by Bank, such
easement to be for the benefit of Tract A
5 ProRerty Tax Liability
A Bank hereby agrees that Bank will pay all estimated
1991 property taxes levied or assessed against Tract A,
prorated from January 1, 1991 through Closing, at a rate of
$3 86 per day
B The provisions of this paragraph 5 shall survive the
closing and the delivery of the Bank Deed and the City Deed
A Bank will pay the filing fees for the City Deed, and
City will pay the filing fees for the Bank Deed
B If Bank desires to obtain a title insurance policy
covering Tract B, Bank shall pay the premium therefor if
City wishes to obtain a title insurance policy covering
Tract A, city shall pay the premium therefor If only one
party desires such title insurance, that party may select the
title company If both parties desire title insurance, then
it is agreed that the title insurance company shall be
Commonwealth Title Company
C If there are any closing costs not allocated to Bank
or City herein, such closing costs shall be paid by the party
incurring same
A For a period of thirty (30) days after the Effective
Date, Bank agrees to allow City to enter upon Tract A for the
purpose of inspecting same, and for the purpose of conducting
such environmental tests, feasibility studies and other tests
or studies as City deems advisable If City, in City's sole
discretion, is not satisfied with such inspections, tests or
studies, City may terminate this Contract by giving written
notice of termination to Bank on or before thirty (30) days
after the Effective Date In the event City terminates this
Contract pursuant to this paragraph 7, City agrees to restore
Tract A substantially to its condition prior to City's entry
B For a period of thirty (30) days after the Effective
Date, City agrees to allow Bank to enter upon Tract B for the
- 3 -
purpose of inspecting same, and for the purpose of conducting
such environmental tests, feasibility studies and other tests
or studies as Bank deems advisable If Bank, in Bank's sole
discretion, is not satisfied with such inspections, tests or
studies, Bank may terminate this Contract by giving written
notice of termination to City on or before thirty (30) days
after the Effective Date In the event Bank terminates this
Contract pursuant to this paragraph 7, Bank agrees to restore
Tract B substantially to its condition prior to Bank's entry
8 Authority
A Within fifteen (15) days after the Effective Date,
City agrees to furnish to Bank, and if necessary, Bank's Title
Company, written evidence of the authority of the party(s)
executing this Contract on behalf of City City agrees to
furnish to Bank, and if necessary, Bank's Title Company, at or
prior to the Closing written evidence of the authority of the
party(s) executing the City Deed on behalf of City
B Within fifteen (15) days after the Effective Date,
Bank agrees to furnish to city, and if necessary, City's Title
Company, written evidence of the authority of the party(s)
executing this Contract on behalf of Bank Bank agrees to
furnish to City, and if necessary, City's Title Company, at or
prior to the Closing written evidence of the authority of the
party(s) executing the Bank Deed on behalf of Bank
9 No Commissions, Bank and city warrant and represent to
each other that no real estate brokers', agents' or finders' fees
or commissions are due arising in connection with the exchange of
Tract A for Tract B, from the execution of this Contract or from
the consummation of the transactions contemplated herein, and each
party hereto hereby agrees to indemnify and hold the other party
harmless from claims made by any person for any such fees,
commissions or like compensation claiming to have dealt with the
party so indemnifying the other
10 Remedies If Bank breaches any of the agreements of Bank
contained in this Contract and such breach is not cured within
fifteen (15) days after City has delivered written notice thereof
to Bank, City at City's election may either terminate this
Contract, or seek all other remedies set forth in this Contract or
available at law, in equity or by statute, including specific
performance, provided, however, if Bank is unable to deliver title
to Tract A free and clear of any encumbrances, City's only remedy
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shall be termination of this Contract unless the encumbrance in
question is an encumbrance created after the Effective Date by the
affirmative actions of Bank to which City did not consent in
writing, in which event City shall be entitled to exercise all of
the remedies set forth hereinabove If City breaches any of the
agreements of City contained in this Contract and such breach is
not cured within fifteen (15) days after Bank has delivered written
notice thereof to City, Bank at Bank's election may either
terminate this Contract, or seek all other remedies set forth in
this Contract or available at law, in equity or by statute,
including specific performance, provided, however, if City is
unable to deliver title to Tract B free and clear of any
encumbrance, Bank's only remedy shall be termination of this
Contract unless the encumbrance in question is an encumbrance
created after the Effective Date by the affirmative actions of
City, in which event Bank shall be entitled to exercise all of the
remedies set forth hereinabove
li Attorneys' Fees Should either party to this Contract
commence legal proceedings against the other to enforce the terms
and provisions of this Contract, the party losing in such legal
proceedings shall pay the attorneys' fees and expenses of the party
prevailing in such legal proceedings
12 Time of Essence Time is important to both Bank and City
in the performance of this Contract and they have agreed that
strict compliance is required as to any date set forth herein if
the final date of any period which is set forth in any term or
provision of this Contract falls upon a Saturday, Sunday or legal
holiday under the laws of the United States or the State of Texas,
then, and in such event, the time of such period shall be extended
to the next day which is not a Saturday, Sunday or legal holiday
13 Notices Any notice required or desired to be given to
either party hereto shall be deemed to be delivered (i) on the date
of delivery, if hand delivered, (ii) one (1) day after sending, if
sent by overnight courier, or (iii) if sent by mail, the day the
same is posted in a U.S mail receptacle, postage prepaid,
certified mail, return receipt requested, to the address of the
applicable party set out below such party's signature hereinbelow
Either party hereto may change such party's address for notice, but
until written notice of such change of address is actually received
by the other party, the last address of such party designated for
notice shall remain such party's address for notice
14 Severability If any term or provision of this Contract
is held to be illegal, invalid or unenforceable, the legality,
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validity and enforceability of the remaining terms and provisions
of this Contract shall not be affected thereby, and in lieu of each
such illegal, invalid or unenforceable term or provision there
shall be added automatically to this Contract a legal, valid and
enforceable term or provision as similar as possible to the term or
provision declared illegal, invalid and unenforceable
15 Waiver Either Bank or City shall have the right to
waive any requirement contained in this Contract, which is intended
for the waiving party's benefit, but, except as otherwise
specifically provided herein, such waiver shall be effective only
if in writing executed by the party for whose benefit such
requirement is intended
16 Cumulative Rights and Remedies Except as specifically
limited herein, no right or remedy set forth in this Contract is
intended to be exclusive of any other right or remedy set forth in
this Contract or by law provided, but each shall be cumulative and
in addition to every other right or remedy set forth in this
Contract or now or hereafter existing at law or in equity or by
statute
17 Captions The captions used in connection with the
articles and sections of this Contract are for convenience only and
shall not be deemed to expand or limit the meaning of the language
of this Contract
18 UAM of Lan age Words of any gender used in this
Contract shall be held and construed to include any other gender,
and words in the singular shall be held to include the plural,
unless the context otherwise requires
19 Exhibits All exhibits, attachments, annexed instruments
and addenda referred to herein shall be considered a part hereof
for all purposes with the same force and effect as if copied
verbatim wherever reference is made to the same
20 No Representations or Warranties
A. Except for the special warranty of title contained
in the City Deed, Bank hereby acknowledges that City has not
made any representations or warranties to Bank with respect to
the suitability of Tract B for any intended use, the condition
of Tract B (including soil and sub-soil conditions), the
appreciation or income potential of Tract B, the zoning of
Tract B, the platting of Tract B, availability of utilities to
Tract B, access to Tract B, requirements in connection with
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any development of Tract B or any other matter whatsoever
Bank further acknowledges and agrees that Bank has
investigated all matters of concern to Bank with respect to
Tract B prior to the Effective Date and that Bank is not
relying on any representation or warranty from City with
respect to such matters except for the special warranty of
title contained in the City Deed
B Except for the general warranty of title contained
in the Bank Deed, City hereby acknowledges that Bank has not
made any representations or warranties to City with respect to
the suitability of Tract A for any intended use, the condition
of Tract A (including soil and sub-soil conditions), the
appreciation or income potential of Tract A, the zoning of
Tract A, the platting of Tract A, availability of utilities to
Tract A, access to Tract A, requirements in connection with
any development of Tract A or any other matter whatsoever
City further acknowledges and agrees that City has
investigated all matters of concern to city with respect to
Tract A prior to the Effective Date and that City is not
relying on any representation or warranty from Bank with
respect to such matters except for the special warranty of
title contained in the Bank Deed Bank is executing this
Contract in a representative capacity only, and it is hereby
specifically understood and agreed that such party will not
incur any personal liability for breach of warranty or of any
other condition, obligation, or representation made herein
whether expressly or by implication, and that in the event of
such a breach, such party shall be liable only to the extent
to which such party holds assets and properties for the
specific entity on behalf of which this Contract is executed
Notwithstanding the preceding sentence, Bank hereby represents
unto City that Bank has the full power and authority to enter
into this Contract and all related instruments that may be
executed and delivered as required by the Contract, including,
but not limited to, the Bank Deed and an access easement
agreement the Easement Agreement, and the exculpation
provision of the preceding sentence shall not apply to the
representation contained in this sentence
21 Entire Attreeme . This Contract embodies the entire
agreement between Bank and City with respect to the subject matter
hereof and supersedes all prior agreements whether written or oral
22 Amendment. Except as otherwise specifically provided
herein, this Contract may not be amended, varied or terminated
except by an agreement in writing executed by both Bank and City
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23 Binding Effect Except as otherwise provided herein,
this Contract shall be binding upon and inure to the benefit of
Bank and City and their respective successors and assigns
24 Effective Date The effective date of this Contract (the
"Effective Date,') shall be the latest date either party signs this
Contract
EXECUTED by Bank and city as of the Effective Date
BAND:
CITYi
NCNB TEXAS NATIONAL BANXj TRUSTEE CITY OF DENTON
By
Title rC~3 r $ / f:
By
Title y,c-p_
ADDRESS FOR NOTICE
Howard A Compton, Jr
NCNB Texas National Bank
901 Main Street
20th Floor
P O Box 831500
Dallas County
Dallas, Texas 75283-1500
Date of Execution by Bank
129153/D
Municipal Building
215 East McKinney
Denton County
Denton, Texas 76201
Date of Execution by City
/99/
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ADDRESS FOR NOTICE
All that certain lot, tract, or parcel of land situated
in Denton County, Texas, in the C Poulallier Survey,
A-1006 and being part of a tract shown by deed to First
National Bank, Trustee, recorded in Volume 718, Page 57,
Deed Records of Denton County, Texas, and being more
particularly described as follows
BEGINNING at the southeast corner of said First National
Bank tract,
THENCE south 88 491 55" west with the south line of said
First State Bank tract 493 17' to its southwest corner,
THENCE north 1 10' 05" west a distance of 250 0 feet to
a point for a corner,
THENCE north 88 49' 55" east a distance of 493 171 to a
point in the westerly right-of-way line of F M 2181,
THENCE south 1 10' 05" east a distance of 250 0' to the
Point of Beginning and containing 2 8304 acres of land
120768/D
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All that certain lot, tract or parcel of land lying and
being situated in the City and County of Denton, State of
Texas, and being part of the C Poulallier Survey,
Abstract No 1006 and being part of tract conveyed to the
City of Denton by deed recorded in Volume 2423, Page 154,
Real Property Records and also being part of two tracts
conveyed to the State of Texas by deeds recorded in
Volume 400, Page 341 and Volume 400, Page 334, Deed
Records, Denton County, Texas and being more particularly
described as follows
BEGINNING at the northeast corner of the herein described
tract, said point lying in the south line of F M 2181
(Teasley Lane), a public roadway with a right-of-way of
90 0 feet and the west line of Lillian Miller Parkway, a
public roadway with a right-of-way of 90 0 feet,
THENCE south 1' 04' 17" east along the east boundary line
of the herein described tract, same being the west line
of F M. 2181 (Teasley Lane), passing at 285 79 feet the
northeast line of the old curve portion of F M 2181
(Teasley Lane) right-of-way and continuing a total
distance of 575 43 feet to a point for corner, said point
lying in the southwest right-of-way line of the old curve
portion of F M 2181 (Teasley Lane), same being the
northeast boundary line of a tract conveyed to First
National Bank by deed recorded in volume 718, Page 57,
Deed Records of Denton County, Texas, said point also
being the beginning of a curve to the left having a
radius of 671 20 feet, a central angle of 66 33' 54" and
a chord bearing and distance of north 41 00' 1110 west,
736 66 feet,
THENCE northeasterly along said curve and lines an arc
length of 779 78 feet to a point for a corner,
THENCE north 70' 121 43" east along the south line of
F M 2181 (Teasley Lane) a distance of 62 74 feet to a
point for corner,
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THENCE south 89 44' 37" east continuing along the south
line of F M 2181 (Teasley Lane) passing at 126 36 feet
the northeast line of the old curve portion of F M 2181
(Teasley Lane) right-of-way and continuing a total
distance of 413 54 feet to the place of beginning and
containing 1 962 acres of land, more or less
120768/D
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