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201407133
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Last modified
7/20/2017 9:51:27 PM
Creation date
11/12/2014 9:13:57 AM
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DEEDS
Inst Number
201407133
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4 � <br /> � <br /> , ��14�7133 <br /> 15. SEVERABILITY; I�TT�RP1tETATIUN. Thzs Se�ur�ity Ins�rument is comp�e�e a,nd fuily integrated. <br /> This �ecuri�y In.strument may not b� aamended ar modif�ed by aral agreemen�. An� section iti. t�is <br /> S�cur��y Ins�m.�nt, at�achments, or any �greemeni� re�ated to th.e �ecured Debt tha�r confYic�s �vitb�. <br /> applicabl� Iaw wi�l �ot be effec�ive, unless tha� ��w expressly or implied�y pernuts the �raxia�tions by <br /> �tten agreement. If any section of�his Security In��rument canno�be enfor�ed accarding ta i�s terms, <br /> �hat sectian w7i�� � se�rered and wi�l. not a�`ect the enfvrce�bil.i�r of the remai.nder af t,�is <br /> Secu�.�y Ins1arrumen�.�henever used,the s�gular�hall include the plura.l and the plural th.e singula�r.'�'he <br /> capt�ans and headaings af�he sections af�us Security In�trumen�a�e for canvexuence�nl}�and are not to <br /> be used �v in�erpr��c ar defiin,e the ter�ms �f�rhis Security Instrument. Tune is of�he essence in th�s <br /> Security Instrvumen�t. <br /> 1G. SU��ESSt3it T`RIJS"1�E.Bene�.ciary,at Bene�c�ary's op�ion,may frc�m time�a time r�rnove Trustee <br /> and appaint a successor trrus�ee �vixh.out any o�he� fc�rm.a��t� than the designat��n in vvraiting. T'be <br /> successor�ruste�, vfrithou� conveyance of�he Prop�rt�, sh�Il succeed�o a.�� the ���e, po�ver a,nd dut�es <br /> canferred u�on Trust��by�us Security Instru.men��,n.d app��cab���aw. <br /> 1'T. N�'Y`1C�.Unless a�her�vise required b�lavv, an�notice sh�I be g��en.by delivering i�vr by ma�lin��t <br /> h�firs�class mail�o th�agpropriate pa.xty's address�n page 1 of��is�ecurity I�s#�urn.ent,ar to any other <br /> address designat�d in w�rit�g.N�t�ce to one��or will be deemed�to be not�ce�a a��trustors. Trus�or <br /> and�eneficiary hereby requ�s�a capy of a�ay nat�c�af defau�� and a�opy af any nflt�ce of sa.�e there <br /> under,be maiied to each party at the addsess f�r such party set forth on page 1 of�his Deed of Trus�. <br /> 18. '�'AIVERS. Exc�pt �o �he �x�ent proh�ib�ted by law, Trust�r �rai�res a11 appra.isemen� and hom�s�ead <br /> �xemption�.ghts relat�ag�o�ie property. <br /> 1�. LINE�F CI�EI�IT, The Secured De�b� includes a revo�ving Iine�f cred.it.A�.though the Secured Deb� <br /> ma.y be reduced to a zero ba�ance,t1v.s Secu�rity Insttum�nt�ri��remain in.effec�unt�relea�ed. <br /> ��. APPLICA►��E LA�. This Security Insl�umen�w�i� h� gv�erned by appl�cable fedex�aJ� �aw and the <br /> law of�he sta�e af Texas�rithaut rega.rd �a its ru�es regarding the conflic�s�f�aws, e�c�pt f��r matters <br /> regard�,n.g the gerfec�ian a.nd en.farcement of�h.e I�en on real proger�y, which wiil �� ga�rerned by�he <br /> law nf�he sta.t�where�h.e prop�rty is Ioca�ed. <br /> Z I. RID�RS. The coven�n.ts an�i agreements af each of�he r�ders described be�ow are incorpo�r°a.�ed in.ta <br /> and supp�ement and amend�1a.e�erms of�hi.s Security Instrumen�: <br /> •a•r•s����■•����������••��������i t���������������������s����a��������r������r����r a��►a���ti�����r����������w�������►�s�w r���♦ <br /> •�����������••��w M��r��������r r����r�����••���������N y��r�s�w�w����s��������a�������►�►������r���r���►r�����������►�r�������r• <br /> ��. � �t]NSTRU�TIC�1V� L[]AN. Th�.s Seeuri�ty Insfirumen� �s a canstrucfi�an secuxity in�erest whi�h <br /> se�ures an abliga�on incurred for th�cansiruc�ian�f a�n impro��me�t t�n the Property. <br /> �3. ❑ ADDITIONAL TER�IS. <br /> (A�9e 7 of 9� <br /> ��994 V��ters Kluwer Fnanc�a[�ervic:es-9ankers Systems� Fonn USA�kH�3T-N� 8130f2�'�3 <br />
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