Notice to Purchasers & Sellers

WHEREAS the Bar-K Airport Property Owners Association, Inc. a.k.a. Rusty Allen Property Owners Association, Inc. was duly organized and incorporated on March 23, 1994 pursuant to the deed restrictions of the Bar-K Airport Subdivision as furthermore described in such document as recorded in Volume 11201, Pages 1933 through Page 1943 and under document filing number 90047621 in Travis County, Texas. The Rusty Allen Airport Property Owners Association, Inc. hereby in its authority hereunder places notices to all Sellers and Buyers of Bar-K Airport Subdivision in Travis County, Texas and being more specifically described as follows:

Lots 1 through 50 and Lots 53 through 56 and all other parcels of real property generally described as “out tracts” described by meters and bounds of the Lago Vista Bar-K Airport Subdivision recorded in Book 87, Pages 105B, 105C and 105D of the Plat Records of Travis County, Texas.

NOW the Rusty Allen Airport Property Owners Association, Inc. acting in its legal capacity on the 11th of December 1996 adopted a real property annual assessment of $150.00 per year to be affixed to Lots 1 through 50 and Lots 53 through 56 and all other parcels of real property generally described as “out tracts” described by metes and bounds of the Lago Vista Bar-K Airport Subdivision. Said annual assessment is called for in the deed restrictions of said subdivision which amongst other features also requires all owners of real property to be a member of the Rusty Allen Airport Property Owners Association, Inc.

THIS NOTICE TO PURCHASERS AND SELLERS SHALL SUPERSEDE AND BE PREFERENTIAL TO A LIKE NOTICE TO PURCHASERS AND SELLERS FILED IN THE REAL PROPERTY RECORDS OF TRAVIS COUNTY, VOLUME 12230, PAGE 0325 ON JULY 18, 1994.

Sellers and Purchasers of real property as described above are advised to contact the Rusty Allen Airport Property Owners Association, Inc. c/o City of Lago Vista, Texas P.O. Box 4727, Lago Vista, Texas 78645 for real property assessments as herein described, prior to conveyances.