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					TEXAS VETERANS LAND BOARD

   TEX-TRAX II PROGRAM




   Program Forms and Instructions
      VLB Forfeited Land Tracts
     Offered to the General Public
            Revised July 1, 2011
Dear Interested Bidder:

This handbook contains instructions and forms for submitting offers on tracts available for
sale exclusively through the Tex-Trax II program. Tracts are listed on our Web site at:
www.glo.texas.gov/vlb/veterans-benefits/forfeited-land-sales . These tracts have
previously been made available for sale to Texas veterans through sealed bid auctions, but
were not sold.

The program guidelines have changed. Qualified Texas veterans may purchase a Type II
Tract at the current land program interest rate. Non-veterans may purchase Type II Tracts,
but Veterans Land Board financing is not available.

I am pleased to offer you a unique opportunity to own a piece of Texas. This handbook
will guide you in submitting an offer. If you have any questions, please call our toll free
information line, 1-800-252-VETS, for further assistance.

Sincerely,


JERRY PATTERSON
Chairman, Veterans Land Board




               Stephen F. Austin Building · 1700 North Congress Avenue · Austin, Texas 78701-1496
                                 Post Office Box 1273 · Austin, Texas 78711-2873
                                512-463-5060 · 800-252-VETS · Fax: 512-475-1425
                                              www.glo.texas.gov/vlb
                                      INTRODUCTION


Tex-Trax II Program
Tracts that are not sold at our semi-annual forfeited land sales in April and October are available to
veterans and the general public. These tracts are sold on a first-come, first-served basis. The offer to
purchase may be submitted through a licensed Texas real estate professional chosen and paid by the
buyer. Use of a real estate professional is not required.


Forfeited Lands
If a veteran defaults on the loan, the loan is foreclosed, and the tract offered for sale by sealed bid
auction only to eligible Texas veterans.
This handbook deals with tracts of land the Veterans Land Board is making available to the general
public. At any time, the VLB may accept any offer for any tract that meets or exceeds the minimum
bid specified for the tract. The current list of available tracts can be found at our Web site:
www.glo.texas.gov/vlb/veterans-benefits/forfeited-land-sales .The list is searchable by county or tract
number for ease of use.


Further Information
This handbook describes the basic features of the program. The staff of the VLB stands ready to assist
you. Please review the handbook and call the VLB’s staff with any questions you may have. In
compliance with the Americans With Disabilities Act, alternate formats of this handbook are also
available upon request. Any inquiries should be directed to:




                                    Texas Veterans Land Board
                                 1700 North Congress Avenue
                                Stephen F. Austin Bldg, Room 810
                                    Austin, Texas 78701-1496

                                Toll-free in Texas: 1-800-252-VETS
                                          or (512) 463-5060
                           TEX-TRAX II HANDBOOK
Introduction
Throughout this handbook, the terms “bid” and “offer” are synonymous and may be used
interchangeably.
The information contained in this handbook describing tracts is intended to assist you in
submitting an offer to purchase. The VLB has tried to ensure the accuracy of each tract’s
availability status; however, a tract may be withdrawn by the VLB at any time, for any reason.
Also, information on a specific tract may be updated as better information becomes available.
Before submitting an offer, please call 1-800-252-VETS or check our Web site:
www.glo.texas.gov/vlb/veterans-benefits/forfeited-land-sales to verify that the information on
the tract is current (for example, directions for driving to the tract), and that the tract is still
available for sale.

Attention
       Veterans
       An eligible veteran submitting an offer to purchase a Type II tract may request a loan
       from the VLB. Any request for a loan will be processed as a mortgage loan, with a note
       and deed of trust. A Contract of Sale and Purchase is no longer available. All veteran
       applicants requesting VLB financing are subject to VLB credit approval. A down
       payment of not less than 5% of the minimum bid, as listed on our website, will be
       required at closing. As a condition of financing the VLB may require additional down
       payment. All costs of purchasing the land and obtaining a loan, including all closing
       costs, will be the responsibility of the buyer at closing. Any amount you bid over the
       minimum must be paid at closing if you decide to use VLB financing. All loans will
       require an owner’s title insurance policy in the name of the buyer and a mortgagee’s title
       policy in the name of the VLB paid by the buyer. Closing will be at a Title Insurance
       Company.

       Example:

       Minimum Bid Listed:             $40,000.00
       Your Bid Amount:                $41,250.00
       Maximum Loan Amount:            $38,000.00
       Amount Due at Closing           $3,250.00

       VLB Will Finance 95% of the minimum bid; a down payment of 5% is required at
       closing.
       $40,000.00 X 5% = $2,000.00

       Amount bid over and above the minimum bid:
       $41,2250.00 - $40,000.00 = $1,250.00
     [Amount over Minimum Bid] + [5% of the Minimum Bid Amount] =[Amount Due at
     Closing]
     $1,250.00 + $2,000.00 = $3,250.00 is required at closing

     Non-veterans
     VLB Mortgage loans are not available to non-veterans. Non-veterans submitting an offer
     to purchase a Type II tract must pay for the land in cash, or must obtain other financing.

Notices
           The Texas Veterans Land Board cannot issue or make any representations about
            the condition or value of the lands being offered for sale. The tracts are offered
            for sale “as is”, without warranty, with any and all latent and patent defects. As of
            the date of closing, the buyer should have inspected the physical and topographic
            condition of the land (including the improvements located thereon, if any) and
            shall accept title to the same “as is” in its existing physical and topographic
            condition. By closing, the buyer acknowledges that s/he is not relying upon any
            representation, warranty, statement or other assertion of the VLB or any official,
            agent, representative or employee of the foregoing, with respect to the land
            condition, but is relying on the buyer’s own examination of the tract. THE VLB
            DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, AND
            SPECIFICALLY MAKES NO WARRANTIES OF HABITABILITY, OR ANY
            OTHER WARRANTY WHATSOEVER.
           Buyers must satisfy themselves about the location and shape of tracts, mineral
            reservations, and other matters that might affect their decision to purchase the
            tract. Buyers must satisfy themselves as to the status of title. Buyers are hereby
            put on notice that any prior grant and/or encumbrance may be of record, and
            buyers are advised to examine all public records available regarding the tracts.
            Defects in title must be brought to the attention of the VLB prior to closing, and
            that shall be grounds for releasing buyers of the obligation to purchase from the
            VLB. The VLB is sole judge of the seriousness of any alleged defects. No other
            grounds will be considered as reasons to release a buyer from the obligation to
            purchase tracts from the VLB. State law requires that the Board shall keep the
            fees submitted by a buyer who refuses the award of a tract from the Board.
            (N.R.C. Chapter 161.319c)
           By submitting an offer, the buyer agrees to comply with all the provisions of the
            handbook, the Veterans Land Act (Chapter 161 of the Natural Resources Code),
            and the Rules of the Board.
           A real estate agent may not submit an offer unless a Real Estate Agent
            Authorization Form has been executed by the buyer and submitted with the offer.
           A real estate agent may place no signs of any kind on any tracts and may not in
            any way imply an exclusive listing exists between the VLB and the real estate
            agent.
        Under no circumstances may any timber or anything of value be removed from
         the tract. No fences may be cut for access or any other reason.
        NO LIEN OF ANY KIND for the commission or any other matter may be taken
         by a real estate agent; however, a real estate agent may negotiate terms with the
         buyer for the payment of the commission.
        If anyone interferes with the access to a tract, you should contact the VLB
         immediately.
        Submission of all required documents, including military documents and an
         Affidavit of Texas Residence (if applicable), will speed up the processing and
         closing of the loan.

Description Of The Program
    Listing Agreement
    This program does not involve a listing arrangement with any real estate agent.
    However, the offer to purchase may be submitted through a licensed Texas real estate
    professional selected and paid by the buyer. In submitting an offer to the VLB, a real
    estate agent is acting as the agent of the prospective buyer. Use of a Real estate
    professional is not required.

    Offers
    Offers will be considered for acceptance on a "first come, first served" basis. The VLB
    may reject any and all offers for any reason. Offers are initiated by executing and
    submitting the VLB form Offer To Purchase . When an offer is received by the VLB, it
    may not be revoked by the prospective buyer without forfeiting the unused portion of any
    fees remitted to the VLB. Offers will be reviewed immediately upon receipt and accepted
    or rejected as soon as possible (typically within three days after receipt).

    Restrictions
    The VLB will not accept an offer from any party who has previously defaulted on a loan
    with the VLB.
    If a buyer is more than 30 days delinquent in child support payments, he or she will not
    be eligible to receive a loan or payments from the Veterans Land Board until such time as
    all delinquencies have been paid, or the buyer is in compliance with a written repayment
    agreement or court order.

    Contingent Offers
    No offer submitted to the VLB may be made contingent upon any other person, event, or
    thing.

    Personal Inspection
    Every buyer is urged to personally inspect a tract before submitting an offer, since offers
    may not be withdrawn without liability. By making an offer, the buyer acknowledges that
he or she wishes to purchase the tract “as is” and understands that the VLB makes no
representations about any matter, including, but not limited to, access, mineral estate,
quantity of acreage, location and shape.

Credit Check
A veteran bidder requesting VLB financing must qualify for a loan for at least the
minimum bid amount listed on our website, up to the maximum loan amount of
$80,000.00.

Property Description and Survey
The VLB will use the property description (field notes or lot and block) that was used in the
prior transaction. A copy is available upon request. No new survey will be ordered or paid
for by the VLB. The bidder that is awarded the tract is encouraged to have the property
surveyed.

Title Policy
The VLB requires title insurance policies on all tracts of land financed through the Texas
Veterans Land Program. This insurance policy obligates the issuing title company to
defend problems regarding the title that began or existed prior to the VLB’s financing. A
mortgagee and owner’s policy are also required, at buyer’s expense.

Closing Timeframe
Closing typically takes place within 30 days. Missing or incomplete paperwork will
delay closing.

Floodplain Insurance
Buyers should verify whether or not the property lies within a floodplain. The VLB does
not have floodplain information on every tract. Buyers should check with the County
Appraisal District for that information. If a tract lies in a floodplain, it may affect the use
of the property. It may be necessary to obtain flood insurance in order to build on the
property.

Property Maintenance Fees
Some properties in this program may be subject to assessments for maintenance of
common areas, roads, etc. These assessments (or dues) are typically paid to the developer
or to a local property owners association. They may be collected by counties, schools and
other governmental entities. The Veterans Land Board is not responsible for paying such
assessments, including any past due amount. The buyer is responsible for paying any past
due fees.
Symbols On Plat

Use the legend below to interpret the surveying symbols drawn on the tract descriptions.
Note: The symbols are provided solely to help you locate the tract. They do not guarantee that
      an item will be included in the sale.




Terms Of The Sale
       Purchase Price
       The VLB sets the minimum offer it will consider. The amount financed, after credit
       approval, will not be more than 95 % of the minimum bid amount listed, up to
       $80,000.00.

       Commission
       If the buyer elects to use the services of a licensed Texas real estate professional, any
       commission shall be the sole responsibility of the buyer.

       Taxes
       The VLB will settle outstanding taxes, penalties, and interest that accrued or were
       assessed prior to the year in which the buyer’s loan closes. No taxes should be assessed
       for the period during which a tact is held exclusively by the VLB.
       The sale of repossessed property by the VLB may also trigger rollback taxes. Rollback
       taxes are assessed when a change in the use of the property occurs and in some instances
       solely because of the sale of the property.
       The VLB will settle any rollback taxes assessed prior to the year in which the buyer’s
       loan closes.
       The buyer is responsible for taxes that accrue or are assessed during and after the year in
       which the loan closes. If rollback taxes are triggered during or after that year, the buyer
       will be responsible for paying those taxes, even if the rollback assessment includes years
       prior to the year in which the buyer’s loan closed.
The VLB strongly encourages the buyer to follow up with the county and school district
tax offices to make sure the tax rolls have been updated after the loan closes.
An additional amount to be escrowed for taxes will be required as part of the regular
monthly payments on any new loan.

Method of Financing
All tracts are sold by Note and Deed of Trust.

Down Payment
A down payment of not less than 5% of our minimum bid amount is required. As a
condition of financing, the VLB may require additional down payment.

Interest Rate
Check our Web site for current interest rate for qualified veterans. Non-veterans may
purchase tracts, but no VLB financing is available.

Term
The amount financed shall be paid in monthly loan installments for 30 years. Late
payments are assessed a late charge. There is no penalty for prepayment of principal.

Required Fee
The $75.00 contract fee must be paid by the buyer and submitted with the offer.

Cash Sales
If the buyer prefers to pay cash for the tract, the VLB should be notified as soon as the
buyer receives notification of award. Upon receipt of the full purchase price, the VLB
will prepare a deed conveying the tract to the buyer. The $75.00 contract fee submitted
with the buyer’s offer will be kept by the VLB as a deed preparation fee.

Refunds
The $75.00 contract fee will be refunded if an offer is rejected. If an offer is accepted and
the buyer fails to complete the purchase for any reason, the fee will be forfeited.

Assignments (Loan Assumption)
If the buyer qualifies for a loan at the veteran’s interest rate, the loan is not assignable for
three years. A request for a waiver of this requirement is subject to certain statutory
requirements. Waivers are generally granted only upon a showing of extreme financial
incapacity. Failure to obtain approval of an assignment can result in loss of the tract
and all loan payments.
Loan Processing Steps

     Please follow these steps to initiate an offer and, if the VLB accepts, close
     the loan:

     1. Use VLB Forms
        The buyer(s) must use the forms provided by the Veterans Land Board for the Tex-
        Trax II program. You may print additional copies of the forms from the Web site, or
        request additional blank forms from the VLB. Other forms may not be substituted.
     2. Verify Buyer’s Child Support Status
        Under Section 231.006 of the Texas Family Code, if a buyer is more than 30 days
        delinquent in paying child support, he or she is not eligible to:
         If the buyer is more than 30 days delinquent in child support payments, he or she
          will not be eligible to receive a loan or payments from the Veterans Land Board
          until such time as all delinquencies have been paid, or the buyer is in compliance
          with a written repayment agreement or court order.
         Receive a state-funded grant or loan.
     3. Verify Tract Availability
         Please call 1-800-252-VETS or check our Web site:
        www.glo.texas.gov/vlb/veterans-benefits/forfeited-land-sales to verify that the tract is
        still available for sale.
     4. Locate Tract
        Use the tract descriptions and driving directions found on our Web site. A sign
        displaying the tract number was posted on each tract at the time the VLB inspected
        the tract.
        If you have trouble locating the tract using the description and directions we provide,
        follow these steps to get help from the County Appraisal District (CAD) office in the
        county where the tract is located:
         Identify the volume and page number of the tract’s Warranty Deed. You’ll find
          this information in the Legal Description section of the tract description.
         Contact the County Clerk’s office in the county where the tract is located. (The
          County Clerk’s office is usually in the town that serves as the county seat.)
         Request a copy of the field notes and/or plat. (You may be charged a small fee for
          the copy.)
         Take the tract description, the field notes/plat to the CAD office. Ask to speak to
          the CAD employee(s) familiar with surveying, field notes/plats, etc. They should
          be able to help you locate the tract on a county map.
    If you are still unable to locate the tract, call our toll-free number 1-800-252-
     VETS and ask to speak to our Appraisal Department.
5. Submit Offer
   Upon receipt of the offer, the VLB will review the Offer To Purchase, the Real Estate
   Authorization form, if applicable, the contract fee, and other documents. The VLB
   will either accept or reject the offer. After acceptance, an offer may not be withdrawn
   without forfeiting deposits.
   The VLB sells tracts on a first come, first served basis; therefore, it is very
   important to avoid any delays in submitting the offer to the VLB.
6. Processing
   After the offer is accepted the VLB will send an application packet to the bidder.
   This includes a Farm and Ranch Contract and Rider, a 1003 Universal Residential
   Loan Application, and other documents. Once all documents are signed and returned,
   the VLB will forward a copy of the Farm and Ranch Contract and Rider to the
   designated title company for a title insurance commitment. (Veteran may designate a
   particular closing agent when packet is submitted.) After the title insurance
   commitment is received and reviewed, the file is ready for closing. Title insurance
   commitment may raise additional requirements, such as a new survey.
   The Buyer will not be authorized to take possession of the tract until this process is
   complete and the transaction is closed at the title insurance company.


Description Of Required Forms

The VLB has prepared forms for submitting offers. The VLB will not accept alterations
or substitutions. Additional copies of the required forms may be obtained free of charge
from the VLB upon request or printed off the Web site. Certain documents pertain only
to those buyers seeking to qualify for a loan.

All Buyers
All buyers must submit the following documents (included in this handbook):
   Offer To Purchase
   The requirements described in this handbook are reproduced in the Offer To
   Purchase. The Offer To Purchase also sets forth the prospective buyer's offer. The
   buyer and the real estate agent, if applicable, must execute it in order to make a valid
   offer.
   Real Estate Agent Authorization form (if applicable)
   If the buyer is using the services of a licensed Texas real estate professional, the Real
   Estate Agent Authorization form must be signed by the buyer.
Eligibility Requirements for Veteran Buyers
   To qualify for a loan, a veteran buyer must also submit any combination of
   documents proving satisfaction of the eligibility requirements below:

    Served no fewer than 90 cumulative days on active duty (including active duty for
     training) in the Army, Navy, Air Force, Marines, Coast Guard or United States
     Public Health Service (unless discharged sooner by reason of a service-connected
     disability), OR have enlisted or received an appointment in the National Guard or
     a reserve component of one of the listed branches of service after completing all
     initial active duty training requirements as a condition of enlistment or
     appointment, OR have completed 20 years in a reserve component so as to be
     eligible for retirement, OR served in the Armed Forces of the Republic of
     Vietnam between February 28, 1961 and May 7, 1975 (Housing Assistance
     Program or Home Improvement Program only, no service era discount allowed).
    Served after September 16, 1940.
    Not been dishonorably discharged. A person who has been discharged from the
     branch of the service in which the person served or from the National Guard is
     considered not to have been dishonorably discharged if the person: (1) received
     an honorable discharge; (2) received a discharge under honorable conditions; or
     (3) received a discharge and provides evidence from the United States
     Department of Veterans Affairs, its successor, or other competent authority that
     indicates that the character of the person's discharge has been determined to be
     other than dishonorable.
    The applicant must be a bona fide resident of Texas at the time the application is
     made. (A "bona fide resident" is someone who is living in Texas with the intent
     to remain in Texas.) This may include a Texas resident currently serving on active
     military duty outside of Texas. Presence in Texas due solely to military service
     may not establish bona fide residency.
    Successfully repaid any previous Texas Veterans Land Board (VLB) loan. A loan
      is considered repaid when the account has been paid in full by the original veteran
      purchaser or last approved assignee. Any other active VLB loans in programs
      other than the one for which application is being made must be in good standing.
      Veterans are entitled to have only one loan in each VLB program at the same
      time.
   Note: The unmarried, surviving spouse of a Texas veteran who is missing in action,
   or who died in the line of duty, or died from a service-connected cause may be
   eligible to participate in the programs. The veteran's home of record must have been
   Texas at the time of entry into the military, OR the veteran must have been a legal
   resident of Texas at the time of death.
   The VLB will determine eligibility in terms of service in the Armed Forces and
   residency in the state of Texas.
        All VLB loans are subject to credit approval.

     Buyer’s Personal Use
     Veteran buyers requesting a loan must affirm that the purchase is being made for his or
     her own personal use. The Veteran’s Declaration of Eligibility form, included in this
     handbook, must be executed and submitted with offer.

Future Services
     After a loan is closed, some services requested of the VLB require the payment of a fee.
     The amount of the fees are subject to change. Buyers should call the VLB for more
     detailed information concerning any service offered by the VLB.

     Release of Lien
     When a VLB loan is paid in full, the VLB will prepare the Release of Lien.

     Partial Release Fee
     If the buyer wishes to have a portion of the tract released (for a home site) before the loan
     is paid in full, the estimated cost of a partial release will be calculated free of charge,
     upon request. The VLB charges a fee to issue a partial release.

     Transfers/Assignments
     The loan is not assignable for three years. If after three years another party wishes to
     assume the buyer's loan, the VLB must approve a transfer of the loan. All
     transferees/assignees are subject to VLB credit approval. A non-refundable assumption
     fee must be submitted prior to the VLB’s final approval. Failure to use VLB’s forms and
     obtain written permission for the assumption may be considered a breach of contract and
     subject the loan to foreclosure. Assignment forms are available from the VLB free of
     charge, upon request
    BEFORE SUBMITTING A BID
                               Please call

                          1-800-252-VETS

                       or check our Web site:
        www.glo.texas.gov/vlb/veterans-benefits/forfeited-land-sales

To verify that the tract you are bidding on is still available and
      that your information about the tract is up to date.
                   REAL ESTATE AGENT AUTHORIZATION

                                  Texas Veterans Land Board
                                        Land Program


If using the services of a licensed Texas real estate professional, the following information
concerning a broker or agent is required:



Agency Name


Representative


Address


City, State, Zip


Telephone Number (with area code)


State License Number


I,                                                    and
                       Buyer's Name                                      Co-Buyer's Name

authorize the above-named broker or agent to act as my representative.


                                      Signature(s) must be original



Buyer's Signature



Co-Buyer's Signature
                                            Offer To Purchase
Texas Veterans Land Board
State of Texas
County of

                                      and                          , hereinafter referred to as Buyer,
    Buyer's Name                            Co-Buyer’s Name

whose mailing address is:

Buyer's Address: ______________________ Co-Buyer's Address: ________________________________

City/State/Zip: _______________________________ City/State/Zip: _____________________________

Phone: (Home) ___________ (Work) ______________ Phone: (Home) ___________(Work) ___________

Social Security Number: _______________________ Social Security Number: _____________________

Date of Birth: ________________________________ Date of Birth: ______________________________
offers to buy from the Veterans Land Board, hereinafter sometimes referred to as VLB, the property described
below.

1. Property: That certain tract or parcel of land containing _______ acres of land, shown as tract no. _______
   and situated in _______________________ County, Texas, part of the _________________ _____________
   survey(s), being more fully described in Exhibit A, which is attached hereto and made a part hereof.

2. Purchase Price: Buyer offers to pay the VLB the following amount for the subject property:
   $: _______________________________

    Enclosed herewith is a check in the amount of $75.00 (contract fee).

3. VLB Financing:
    Check one         ____I am requesting financing from the VLB
                      ____I will pay cash or obtain other financing. I have 60 days to complete the transaction.


Buyer may purchase the tract for cash or obtain financing from another lender. The VLB can only finance a
maximum of 95% of the minimum bid amount listed up to $80,000.00. If using VLB financing the VLB will
send Buyer an application packet consisting of a Texas Real Estate Commission Farm and Ranch Earnest
Money Contract and VLB Rider, a Universal Residential Loan Application (Fannie Mae Form 1003) and other
documents to complete, sign, and return to initiate the processing of the loan. Buyer will also provide
documentation showing that Buyer is an eligible veteran as defined by the VLB. After an application packet is
signed and returned, the VLB will forward a copy of the Contract and Rider to the designated title company for
a title insurance commitment. (Veteran may designate a particular closing agent when packet is submitted.)
The title insurance commitment may raise additional requirements, such as a new survey.

This transaction is subject to VLB credit approval. Buyer hereby authorizes buyer’s credit report to be
furnished to the VLB.

2/5/2008
Buyer further acknowledges and agrees that if the VLB accepts this bid, Buyer will execute all documents
required by the VLB. Should Buyer refuse to execute the required documents, any fees submitted will be
forfeited in accordance with Section 161.319(c) of the Texas Natural Resources Code.

4. Property Condition: Buyer agrees to accept the property “as is.” Buyer understands the VLB makes no
   representation about either the physical condition of the property or the status of its' title. (Buyer may at Buyer's
   option purchase title insurance at Buyer's own expense.)

5.    Taxes: If this bid is awarded to Buyer, Buyer agrees to pay all taxes due for the current year, as well as all
     future taxes and assessments. If this sale or Buyer's use of the property after closing results in the assessment of
     additional or rollback taxes, such additional taxes shall be Buyer's obligation, and shall survive closing.

6. Closing: After reviewing the title insurance commitment and determining that the buyer qualifies, the VLB
   will schedule a closing with the title company. The VLB requires title insurance policies on all tracts of
   land financed through the Texas Veterans Land Program. The VLB has a survey of the property, but the title
   company may require a new survey. The Buyer will have to pay the down payment and all closing costs at
   closing, including the cost of the title policies and if necessary, a new survey.

7. Cancellation: If the reason for canceling this bid is approved by the VLB, all monies, shall be returned to
   Buyer.

8. Other Terms and Conditions: If this bid is awarded to Buyer, Buyer agrees to purchase the property in
   accordance with provisions of this Handbook, the Veterans Land Act and the Rules and Regulations of the
   VLB, as they may be amended from time to time. Buyer fully understands that the VLB is the sole judge of the
   acceptability of any bid and may reject any bid until all VLB requirements are met and the loan is closed,
   for any reason, including, but not limited to, failure to fully complete the bid form, any defect in notarization,
   failure to timely receive bids, failure to include the contract fee, or failure to sign bid form. The VLB may, at its
   discretion, waive any defects and thereby bind all parties to the terms of this bid.

EXECUTED THIS ___________ DAY OF ___________________________, ______.

                                            Signatures must be original

____________________________________                    ______________________________________
Buyer's Signature                                       Broker’s Signature, if applicable

____________________________________
Co-Buyer's Signature




2/5/2008
                              Texas Veterans Land Mortgage Program




                       Veterans Forfeited Land Sale Declaration of Eligibility

    I hereby declare that the following is true:

    Veteran: _____________________________________ (print)

    Spouse: _____________________________________ (print) (Whether joining as borrower or not)

    Social Security Number ____________________                 Date of Birth____________________

    Email Address:_________________________________________________________

    IMPORTANT:
    Are you currently a member of a Reserve or National Guard Unit, or still subject to recall as a member of the
    Selected Reserve or Individual Ready Reserve (IRR)?             Yes          No

           If yes, indicate which. (Give name of unit and location)_______________________________

    Service Era:
       WWII                                Desert Storm                           Operation Iraqi Freedom (Iraq)
       Korean                              Operation Enduring Freedom                     Peacetime
       Vietnam                             (Afghanistan)                          Other

    Residence:
    If Texas was not your Home of Record at the time of entry into the military, please list all residences for
    the past immediate year:
    ___________________________________From: _________________To: __________________

    ___________________________________From: _________________To: __________________

    ___________________________________From: _________________To: __________________

    I hereby declare that I am applying to purchase a tract of land under the Texas Veterans Land Mortgage
    Program as a qualified veteran under the provisions of the Texas Veterans Land Act, and that:
     I have never purchased a tract under said program as a veteran.
     I have previously purchased a tract under said program as a veteran. My account number was
        ________________ and this account was paid in full on ______________.
     Neither my spouse nor I is an employee of the Texas General Land Office.
     I desire to purchase and hold said land for myself, and for no other person. I have made no agreement to
        transfer or convey my interest in the tract or in the Contract of Sale and Purchase with the Veterans Land
        Board to anyone else.
     I fully understand that my application will be subject to forfeiture for any false statement herein.


    _____________________________________ Date: ________________
    Signature Veteran Purchase
2/5/2008
                                      AFFIDAVIT

STATE OF TEXAS
COUNTY OF ___________________


Before me, the undersigned authority, on this _______ day of ______________, _____,
personally appeared _______________________________________________________
known to me to be credible people and of lawful age, who being by me first duly sworn,
on oath did depose and say:

       My (our) name(s) are ________________________________________________
(“buyers”); and I (we) have submitted the winning bid to purchase Tract ________,
containing _________ acres, in ____________________________ County, Texas.

        I (We) are purchasing the subject property as is, where is, with all faults, whether
known or unknown. The Veterans Land Board has made no statements or promises
relative to access the mineral estate, or any other item relating to the property and our
usage of the same.

       Prior to execution of this document I (we) have had the opportunity to inspect the
subject property, conduct a title examination and such other tests and inspections that I
(we) might deem appropriate to satisfy ourselves that the property is fit for our intended
purposes.

       It is agreed that by accepting the property “as is”, that I (we) are accepting full
responsibility for the condition of the property, access to the same, and usage of the
same.

       I (We) further waive and agree to indemnify and hold the Veterans Land Board
from any claim arising from our purchase of the same.



______________________________                       ___________________________


SUBSCRIBED AND SWORN TO BEFORE ME, THIS _______ DAY OF
_________________, _________.


                                             __________________________________
                                             Notary Public, State of Texas

                                             __________________________________
                                             Typed/Printed Name & Expiration Date


1/11/2011

				
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