Preferred Buyers List Form

PREFERRED BUYERS LIST

RESERVATION AGREEMENT

This is an agreement (Reservation) creating a non-exclusive right of the undersigned Reservation Holder (You) to participate in our Priority Selection Program.

By delivery of a good faith Priority Selection Deposit of $5,000.00 and a signed Reservation Agreement, You will be among the first to receive all new community information and have the right to decide to purchase a PREDESIGNED HOME or HOME SITE at Cinnamon Shore South in the next phase releases.

Your deposit will be placed in an escrow account maintained by Texas National Title, and, will be applied against any Earnest Money Deposit required by the Purchase Agreement.

This reservation agreement may be terminated at any time and by either party, and once the buyer elects to terminate, the refund will be processed within 30 days.

Currently the builders have home plans in design that will be released over the next several months, and the developer is simultaneously working to bring new phases into Cinnamon Shore South to make available for purchase. This is the purpose of this Reservation. You are early, which is great! In the coming weeks, You can expect to receive:

or F inal Plat, and Purchase Agreement for review • Community Documents for review • The Design Code for each available home site • A price for each a vailable pre - designed home or home site • Home Plans and Specifications for pre-designed homes

The developer of Cinnamon Shore South AND Builders will not offer any purchase options, in their initial offerings, to anyone who does not have a secured Reservation position.

All information listed in the bullet points above will be provided to the buyers who signed a reservation agreement and who sent in their reservation deposit. Prices will be made available prior to the release dates.

This agreement does not obligate Buyer to purchase a Home or Homesite nor obligate Seller to Sell a Home or Homesite. No assignment of this agreement is authorized without the written consent of Seller.

Note: Mustang Island Development, Inc., The Developer and Cinnamon Shore Builders reserve the right to establish the terms and conditions of the sale of each home or home site.

RESERVATION HOLDER SELLER – Mustang Island Development, Inc.for Home Sites.

DESIGNATED CINNAMON SHORE BUILDER FOR PRESDESIGNED HOMES

Signature – Authorized Seller

Clear

Printed Name - Authorized Seller *

Reservation Holder’s Name *

Reservation Holder Signature *

Clear

Date *

Date

Hour Minutes AM/PM Option

Reservation Holder’s Phone *

Reservation Holder’s Email *

example@example.com

Current Mailing Address *

Street Address

Street Address Line 2

City State / Province

Postal / Zip Code

DEADLINE TO REMIT RESERVATION + DEPOSIT IS 48 HOURS BEFORE ANY RELEASE

Cinnamon Shore Realty 122 Market Street Port Aransas, TX 78373 361.749.1851

Texas National Title will be in touch with you regarding options for sending your $5,000 deposit.

Questions? Call 361-749.1851