Amend Floor Amendment No. 1 to HJR 31 on page 1, line 18 by
striking section (5) and replacing it with a new section (5) as
follows:
      (5) <, or for> work and material used in constructing
improvements thereon, if <and in this last case only when> the work
and material are contracted for in writing, with the consent of
both spouses, in the case of a family homestead, given in the same
manner as is required in making a sale and conveyance of the
homestead.  Such a contract shall not be executed until 12 days
after an owner of the homestead initiates a loan application, and
any such contract may be rescinded by any owner of the homestead
within three days after its execution by all parties without
penalty or charge, and may not be executed in any location other
than the office of a lender, an attorney at law, or a title
company; or