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<br /> �. :. . . � �� � �����/ �fi�049 ; , .
<br /> . ```' ' a Rrsaurcr�bjF&:ar7��iec �6v�r � � ,
<br /> t to h a aw w to a written waivar by Benef'rc/ery Tiustvr sha!/pay to BeneflciarY on Ne l/rst J:«.•.
<br /> •.� • day of Bar.h mantA.w sucA oMe�dare esc,h manM as resv be spacihad Dy Beneficla�.�mm Ne IndeDraBness is Rrrld ln luA,a s�m,tlrere�nafrer
<br /> ' . esltod tho'Rmds'i aqual to//1 ZN of tAe yeerJl�mias snd�sassmenm w1�JcA maY ettein fnladiy over tl+ls Oeed of Trusf end gmund rsnta on ��
<br /> . ' fho Tirist Froperty.If enV.Plus!lflM of the yeady Flamlurr+uastellmants tai Aeza�d Insurance.P/ies f/12tA o!lAe yesiN P+�mfron Irtsstel8nents • 4
<br /> � ` t� for martgr�ge las�usnce,il eny,ell�s ruesansDl�r estimsted mitlaDy ffi+d from tlmo ro time Ay Benefids►Y on the Das�s otassassmentv en0 Dills . .
<br /> '` ond reruonsbls estrinates thereaf. Tlie Fiuids she0 be A a l d T n tui i ns 6 t u Uo n,d+e O e p o s f t s or ttecormzs ol whlde eie 7nsurod or 8umantaed Dy a ,. ,s
<br /> 4
<br /> fadera/or statB epency ineJudinB BenefleftuY•Ben�darY ahaf/E+PPN tAo Funds to Oay seid tsues.assessmants.;nsroancs premlums snd gm�nd r
<br /> � . rants Bel+etrd�Y ahell nct Ae re4ufred to peY Tnrstor anY intarest ar esminlls on Ne Funds jo�wA�l�ch deDl�Ne ftmCs wasomad�B� .
<br /> ennual accormtlna of�io Fimds aAowlag uedits end debib to Ne funds and the pu►pns ,
<br /> - ` , Ftmds ero pledged ss arldi0ond secraity for tAe lndabtedness,e cuw ro M�o dates af�roxeu�asse�smanta,I�nstrmnee�P�emlm++s�� . '��
<br /> ` rogetAa�w!N Ma futrtro monthN Instsllments o!Funds psYeb P� e= . .
<br /> �•, Q..,
<br /> ' renLS,aheD e�eaed tlre smormt raqrdred to paY�d tares ossassmertts.lasmr�nee F+emlum�s an0 grom+d rents ce9 Ney ts11 due,such excess
<br />: , . . .
<br /> _._.
<br /> __t--��r��� aAs1/b�st Trristar's option,e;Mer prompt/y►eyaid ta Ti�ms o�aedited to Tnrsm�e8a�nst tqtwe monthly/nsts/bnenb of iurrdLx f/Me am°rmt
<br /> ��• - af the kmds held D y Benefiaiary aAall not bs s�rKrcient[o paY ta�es.�+��+srasnce premi�orm end Oao+md rents es Ney ta11 due '
<br /> 7Ramrshttlipay to Bene�r�yr any cmam+tneeessary tu make up the defldeney witldn thlrty days hcrn Nie date no8ee is msD'ed Dy BeneflefsrY
<br /> !o Trustor reptt�sOn9 98Yment tAereof.1/pon payme»t in ful/af e!tlndeDtadnoxt,Bm�efidary aheU pmmptly tehatd lo Tireto�any Fre�ds Aeld Dy
<br /> - . , Bene�rdary.H Me Tiu�st PrvperN fs so/d uneer Me pawer ot s8/e or the Tiust Ptope�tY/s otheiwisa aequlied Dy Ber+eficlsiY.QenelldmY sAel/ . .
<br /> . . � - aPDN�+�++�e�YW�r to tAe sffie of the Trttst PmoeNi/a its acQufsidon bY Bo.�efrciary.anYkmds Aafd bY BeneAeiaN et 4e�e6venants � ��r.����
<br /> .`... .--. rss a crod'it egafnst thB/ndeStednesA HBeneffcTery execntes e wdtten waive�of Truslor's o �ons umder this Para9►eM . .
<br /> �.'„;'.-.• and sgrees lu pay,befora the s�meOeaoma dalinQuen4 eil tsxes,essesv»ents,lnsruanee urns,�n�md rents,snd e//othes eha�pss
<br /> t h e 7 r e s t R a P e►t y.Trustor fi er egiea4 upon wdKen reQussr Gy 8enafr'dary,m
<br />: .� . �. � whatsoever/avled upon or essessed,p/aced or m a d e agafnst �
<br /> �•:� '�t Oro+�'�DW de6ver ta Beneflclary 8ll�eeslPLS/or MeGgYmr»t ofaucA cAarges.Tiustor G7tewEsa eD��ro PeYaf/texas,assessments snd oMe� ;'� <
<br /> , � �,",; } ehe�pav/ev1e�tipon ar assessed,placed oimade agains�or measroed Dy,fhis Oeed of Trustor themewdatfan he�eol. ;,.r,,�,.. '
<br /> .. ... � . '� ��➢O�n�P�Y+n� �P81/menta recgived by BeneTrdary ss to enY deDG GabrTrtY oi obGga�on owed to Beneticiary by Tiusfir mey Oa : _
<br /> ''� BPPLed by Beneffaar{r ta the payment of the Indebtedness or to am�srieA other debt,Gab�Trty aabrga6on,!n any oider or mmmer ot appGcation �:.
<br /> " wAich Beneflciary.!n its eDsoRrts d'iscretion,deems epp�opdete Untess otherwise e1eofed by Benefrdary�ysueA peyment sAsD De desmed ;fp:.�".
<br /> . .: .•^' eOpGed first to tha peYment of any dabt GabrTity or abOgsdon oNer Nan the Nota . •-:r'.�.
<br />_ ` `;Y.
<br /> `43 6`CIl��;ta'Ltesc� Tiusror wN keep the Ti�i Propeny hea fmm an Gens and encumbrences which in eny weS►meYln the JudBr.�eni of , , .;
<br /> Be»efldary,Asve priarity over,or impalr tAe sesmitY of,thls Oeed of 7ru�st bnt Tiustorneed nat drscherge enY srrcl+ffen so long es Tru.stvrsAeJ ��,_;.•�
<br /> .—<. • ' 8�ee,�n�9,ro ces�ngsb�n io prevent Ne eMoicemen�tha�mid Nie/oss o��+terest in ar part�e 7mst PiapettY• bY �``�`::,.%=
<br /> . ;s aPO�ete egal Pm ' � '
<br /> s'-� ` ..
<br /> L '•} 7.Ii'.�d 6uroe�a 7nlstui she;/keep Ne btdld'rngs and othei hnprovemants Aow exlstlng arheiie�tei ereded on the Tiust PloQerty inswed > :
<br /> '. ,f _.
<br /> .� - `� by b+sraance eamers sadsfectaY to Berteflcrary a8ains�loss by�ire,haze�d4/nduded in tha term'extended cavme�,7s'and such oMer hszard.s, w x
<br /> ,. � _ .. ..�.:�: casualllos snd contlngendes as may be re9�00y Beneficlary.ln sucA amountv and ta such Perfods as may to ao�bed Dy 8e»es9de�Y•T�e • • --
<br /> � `
<br /> ' .,� , r. ppp�y of 6n�asnce afi�be in fotm eccepteble to 8enefrclary provTde tAat Ma sama mey�t be canceled or�wlthout fifteen fl61 days -- -
<br /> .�,�,.�:�., .�i pdar written fro8ce to BoneTiclerY,and ahaOAeveloss peyable pravfsions Jn faw�of endln farm acceptable to�r:�icJs»Y•Rn p�anf at ar :.y�
<br /> �""�4' �' ::_. ln.sutance po G e l e s a h e!/be p a l e l a t h a m a n n e r p t o v f d e d u n d e r p a r o B r a F h 4 h e r�a f o r,i l not pe14Jn suel►manner.Dy Tiuvtormaldir8 paym ;_ ,
<br /> ,., ts�
<br /> .ct;��g - 3 least�rfaeen f1Si deyrs prla�to Ne�dete,dnecW to the h+sroance cardef B�effciaryshall have the dght toliald rhe po A c ias en d ran e w a l s -. ,�_.
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<br /> �.4,S r��< : • �.�r theieof snd T r u s m r s l.a t f p r u m R S 2�L r x r s s h t a B e n e�s�r y el/renewal noLtces anG a/I palApreir,iiun�eceipZa raceives by it In na eventahaD �•_.i;w,
<br /> ,.,.. . '+` Bene�rclary or Trnslm�Eba 4efd resFcasrb/e tor fad��psylnstasnce premlrum orlorany loss or damage�i9��"rt of a defeet!n e ny po 6 o Y c a _`;�;�
<br /> � ,: . e�ising out of enyla�of eny Ins+na�+ce compa���Dey forenyloss or damay-a masured epsins[o�fo�faBrao�t'nator to efifect the bisw�o �'•r'�.,f
<br /> � ' �`E� �eQrdredherarmder./n�eaventof/oss,Tireto►at��giveryamptaoticebymer7toth0insranncecem'eian0�t:s:fdsry.Ben�'iclalymeYmatce �n,.
<br />�. 'r,r,�, ,., .;�: p��ag/ass Jf noi made pmmpUy orin proper Iorm by 7�rsto�A!I parcies of insrirance snd mry and elJ ietrmQs af rmenmae premfrm�ere ;'„�
<br /> :�,1. ,; ' h¢r��asslgned to Beneficlsry es e�fBonai sec�mitY fo�the paymerrt of No lndebtedness !n tha event af Benefirlar�/s eaeteisa�P�a 9ower of
<br /> '� `' � safe�c��ta/ned 6eseJn,ar In Ns event af lorucfaaure,eU dgAt.Litle snd Interast ol7rusto►Pn snd t�L.v insur�ca poG�Y�+��'�T���� :';F-
<br /> , ' ..�� � to tAaprnchssaret the dustee's sale oi far�clasrae se/a/n cese of anY foss,the/nsurence praceedsmeYat L3a apt/on of Beneffciary,De sp,pllad .� �y-_
<br /> by Baneflela�Y upon tAe/ndebtednass,oi any pa►t the�eof,end in such o�der en0 amount es BenefJds�y may��B��y d��� �r��
<br /> .. 'z pmceeds,at rhe opt/an of Ben�clary mey eithe�es used/n ieplacin9 ar testadng the Tiust RapertYAar�eflV _ ,,:_
<br /> .;,,,: aetJslaotory to Beneficlery:ar satd lnsurence pmceeds,or enY Part/on thereot,msy be refeased to Trustar.Uirless f�ne8ole�Y end 7�ustoi ,�TM T=.�
<br /> othenvlso apree in wridng,enY sucA spplicatlon of insmance pmceeds sheDnot extonQ ar pastpone dra due date of t'�e Nofe,or any �..^r.
<br /> �. .. , .;i� InstellmenCa called fo�thmaln,oi chsnge the amount ot aucAlnstsl/ment�H the TRSSt Phvpe►ry ls acQulied by BonofidaryA��f to the ��.. �_
<br /> , exercJso of the pow�v af aslo a�othe�fereclosme,eD dBAt,ti8e snd interest of Trusto�/n end!o anylr+s+,oanee Oraceeds pny+able�a�eardl of �'----
<br /> . , ;, damage ro the Tiust P�oP�YP�1a to thesela or acqulsidon ah�pess[a Benefl�Tmyand sha0be eppred fkst�efie cosm snd expenses. �----
<br /> � ��I� 1ncluding attomey f�ass,lncuned/n ca0ectlng such pfviceads,Nen/n the menner end In the oNer provlded herein. �
<br /> , r� 8 p�����i�ten�O of Tiwt Ptopetty. Ti�tar wi!/keep the b�Id/nps end other lmpievementa aow o�hereafter ereciad on tAe �-__-
<br /> :�F, �' 7sra�Ir3a0efi�In 9ood reyeli and wn0'idon and mdDnot comrNt or0em�it wesie,wFll not u1tc�tb��?asT�or serrrctaml cheract�.ranstitudn�enY �..�,.
<br /> ` b T�m�now oi herer�ftor areoted on and constitudng the 7�ust PlnpertY wltho+d the pdor wrim�-r xonsent of BeneAchlryT��1 not remova �
<br /> Nor c
<br /> ' � Ming wh/ch would rmduly/my+�1i a depieclate the velne of the 7iust PYapelry an0 w!U not abendon fAe 7rusd PioperN. �'.:'��,._
<br /> eny llatruas c�vnstitrrHng rhe Tiust RopertY unless the same a�s/mmediatefy ieplacea wirl�rko pmpenY sablact to tha/ien end secmJty/nt�
<br /> ,. ', of th/s Oeed of Trust and of at/est epua/ve/ue and ut//iry.Trust+�r w1//eompty with eflp�ssent anAluture or�Onancas,reg►datlons end . •
<br /> ` .;`;,. ieQnvemenm a!sny govemmenre!body wh/ch are epprcaD/e to Ns 7iust P�ap�N�+d��e occupencyr and ase the�eof.N tlr/s Deea of Tiust Is ,- -
<br />. .;,��._., ..:
<br /> �`�-.��:, a�a a amitln a condom/nlum a e planned rmft deve/opment,9iustorahslf perform slI of Tiusror's a36gan►ons under the declsret/ons o�covanenm -
<br /> :���,t cras:ing oi gavem/ny thB candominlam ar tAe planned unit developmenL dte bylews end ie�de,.'i�;s o!the condominitan or plsnned rmif ����f��r'.'';;,•=
<br /> •'t� � dovelopenent,end L+sa wnsNtuent documenta. �� '��'�
<br /> . �..4�. i+�.;.
<br /> � • Q p�yp��a Eo,-c�,�:lsry ar Its agenta may,et aD ieasoneD/e tlmes,enter uyon the Tiuss Oiopeity far tAa pu�po�s of lasyoodon.Beno11c1a�Y _-_
<br /> � st.all havo no C.ti?I�mske auch lnspect/on end aAal/not De Osb1e to Tiustar or to eny person!n possessJan Hlt maRe9 or fe1�s lo make eny�:h ,
<br />- : �=�n .._'.. '
<br /> '� N Ta�r falls to pe►lorm any af the covenanm enC ogmements contsined In thls Oaed ot Tiusb or il eny acdan o� �
<br /> ' : � Tm Gl�ri�cLl�nolSe�. is�i;;;.
<br /> . . ..�";�� p�ocead'inD 1s oor..r�snced whkl�does or may edveiae/y ef/aot tAe tn�st P�operN or the tntarast a}�irtsto►or 8eneflclary tl.ovei'v►o�tho tiL'9 a! _,;i,:
<br /> kl
<br />- . • ;,,ti 7iystor theieto,t1�en Beneficlory,at Jts optlon,mey peAorm such covenants�+9 aareemenfs,meke such eppea�ances,dolen0 egelnst m+D
<br /> " y} Investlgete suef�o�n o�proceedinq ena teke auch otAer ecdon es BanoAcla�y C�.ems necessery toQroteet iLS inteiasf 1nC/u�iJg,bat not Gmltod
<br /> • to,d'isbmaement af iaasonable stromey foes and enbY upan Ne 7iust ProperN�make iepa/rs AnY amaunts dsDmsea by BeneAc/sry prosrzsnf
<br /> � to t1iLs pniagisph f0,wfth inte�s�t thoroon,ahel/cans8tute lndobtedaess of Trustor secrae0 Dy ahta Desd of fruat Unless Tiustor end . •
<br /> Bfrr.sficlary egieo to othar tem+s of payment,suah amounts ahs,7 te poyab/o upan notke tic��neJlcJary to 7nrstor requesLinB 0eyment thereof,
<br /> and sAapbeai/nterest from t°�e Eats ol disbmaement at the daferdt rete,il enY.ser torth rn t's'.tote,oi othonvlse st tlio A/gAerst mts pem8tted
<br /> � by Inw Not/11ng e0ntalnedln e''y�pa►egieph aha!/ieQulie Bene�ielary to incur erY expense oi tnke any acllon heiermdei Tiusmr lnevocebly .
<br /> = � suthorhes and erra�wers Berteflclary m entei upon tAs Tiuqt aYope�ty ss Trus�r s aDent end,ln Tiusto�'s ne�r.s ar athe�wl39 to P���Y
<br /> snd o//covenanrs snd ogreements ro be pe�lam►ed Dy Tiusto�as Aere/n provids�Sene�rclary shall,ar its opiion,be subrageted ta any ----
<br /> � encrmrbrance,/len,claim o�demand snd to ell�/gAts end secu�itles fo�tAo paYmenr ffiereol psl�o�siscAarged by Beneficlsry undai the
<br /> 1 �, pmvisfons hereof vnd any sueh aubiogedon dyhts ahallOB additlana!end cronulaLive aec�airy f,a�thls Osed of 7rust
<br /> " �f,Candamnatlnn The procoeds of any eweid or elalm fo�demagas,direct or consnquentlsl,In cnnnecBon wfth any condemnaL'on a other
<br /> ~ - -- - - taking o/tha Trvst P�apertV or snY Oart Mersol,or fo�wnveyartce/n l/eu of oi In snBclpatlan of consemnation,a�a hers6Y assJ9�ed to sndsAEl/ _
<br /> , - _.. be pald ro Benef/cl�y.Tiusmi wil/h/e sne prosecute.!n goad lalth end wltA Cu9 rlillgence,lts c/sim for any such awerd o�Faymnn4 end wlli
<br /> cease the sams to be collectod end pald to Beneflclsry,snd,should lt fell to do ao,Trustor hrevacsbly authoNzes end empowera 8ene11a1a�Y�n
<br /> � � the name of 7nrstor ar othenMse,to file,piasacute,seK/e or compram/ss enysuch o/a/m end ta rnUecb recs/pt lorandrete/n theproceads.11 .
<br /> � ' Ne Tivat Properfy Is sbonConed by Trasror,a,aftei�ro8ce Dy Benenclary to Tiusm►thot the condemnor oNo�s ro make sn ewerd or settle n
<br /> ' • c/s!r»tar damages,Tiustor ldls to iesAond to Benefldary whhln N/rty I801 deYS altei B►e aete sueA noBce/s ma1la0,BenefiNary!s satAol/tod to .
<br /> cotlocl and app1Y the proceeCs�n the manne�Indicatad Aeie/n. TAe proceads o1 any aviard or cls/m may,sfte�deducNng an reasonoble cosb end
<br /> expenses,lncluding attomoy tees,wMcA may have been/ncru►ed by Bsneficlary Jn Ms coAectlon tAereol,et tAe sofe dlscreNon o1 Bsnefldary,be
<br /> - --- ielesseD ro 7'iustat,epPhed tu�astoratien o/1iw1 Fioperiy,or appfied ta tfia FsYntsnt o!the/nAohtednass.Uniess BenoNe/eN end Tiustor -- -
<br /> . othe�wise eg�ae In wdting,eny auch sypUcatlon af pmcesds to/ndebtedness sAalf not eutend or postpone the due C�te of the Note o�Me �
<br /> payment of eny/nstallments csllod/or Nereundei. '� '
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<br />� � _ � Nlt]Vl99Mf6Rf9f3�f618fJJ1 . _._.
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