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<br />FOR THt' PURPOSE OF CURING:~~...: a 1~ 1 f
<br />(a3 The payment of indebtedness evidenced by Trusior~s note o€ even dale herewith in the principat sum of
<br />Qtte heindred thousand dollars 6o!lars
<br />{S I(10,000.00 , i, together with interest at the rate or rates provided thr.~in, (herein "Note")
<br />and any and aPi renewals, modifications and extensior•s of such NVCC, both principal and interest qn the Notcbaing
<br />payable in a~ordance with the terms set forth therein, reference to •rxhich is hereby made, the final payment of
<br />psineipai and interest, if not sooner paid, due and payable on ac ~ no da .esi~aaroP~
<br />fbD The performance of each, agreement and revenant of Truster herein contained; and
<br />!ct The payment of any sum ar sums of mostey with interest thereon orhich may 6e hereafter paid er advanced
<br />under the terms of thss Deed cf Trust
<br />TO PROTECT THE SECURITY OF THSS DEED OF TRUST, TRUSTOR uEAEBY COVENANTS AND
<br />AGREES AS FGtLLOLYS:
<br />?. Payment of Prir.+tipa! ertii ~4nierest:- Trustor shat! prompttY pay when due the principa! of and interest
<br />an the irtdet7tedneit evidenced hV the Note, and all other charc~*s and sees as provided in the Note, and the crincipal
<br />of and interest on any 'rviure Advances secured by ;his deed o` Trust.
<br />Z. Warranty of title. 'rust sr .s lawfully seized and possessed of good and indet'zssibde title and estate
<br />tc the Property hereoy ronve•aed and teas the right to grant and convey the Property; the Property is free and clear
<br />of old ;lens and encumcran•.;es e:crept '.lens r:o+.v of ;score: and Trustor wit! warrant and defend the rite to the
<br />PrgpertY zgarnst all dorms and demanCS.
<br />3. i4'laintenance ano ~omoi:anca L ;n _ rro5 '•:ls*or snarl keno ,he P=opens= in good repair and canditian
<br />and shat; not <ornmit v+aste x ;aumK ,.r.. -cter.craticn of ~tre ProGeety and snail rompiy with CF:e Ara
<br />visions of any lease ;f znis D et ., ,.,:st „~ r;c!^o ; No ,mprov.*^tr_nt row er hereafter erected upon the
<br />Property shal4 be altered, re,movea cr z' - c~ ::-.. .~ ~+.vut •he ;rior •,rorsiten cgrsenz. of 3enefieiary. +rustar shall
<br />comply vnzh alt lavers, ardanz<re ,egs.°t ~, _._,e ants, rondarons and .:.str.rtions affecimg the Property and no*_
<br />commit, suffer ca per:T.it ar.Y a>., to cc o e •n :,r ,ra tee Proper,.v !n vigiatwn q+ any !a.v, ordinance, regulation,
<br />cavenant~ .Cnd•t<t5rr or :ess c s •o. T>srs,or a`sait =n~_z;c ~. -estore pr?~~nptdy and !n good svgrkmatilike manner
<br />any im3ra`remen2 rin the ?•... r'y ~:•: as,c!^..~-,aV ~' dar^:agr~c! sr de•.trcye:. and , ~ ..;en d.re, all claims fqr tabor
<br />par.`armed and ma*erials '.urn ^.td ~esre'ere and'or 3r ,.zerat:ons t^ereof.
<br />3. 'nsuran re. ''>~5'o r, st *,s .~ e. •..... n2....win M ,+t =r.:urgrs a;.prc~L•ed ny @ereriaary, insurance with
<br />reaasct qe inrp ovemems and ;wrsrsnai pra;xerr{, tonstr u 'ng the ProperYY, against lass by fiira, lightning. Cor-
<br />a3cas2. ano uttser tAt;r .s ar+;: i+azarys coxered br stanrjarti extended coverage endorsement, in an amount ettuai zo at
<br />=east cite ns:ndred aer~ nt ct rr ;;33 rertacemr;nz aloe iherecF and insurance against such other ha2ards and in such
<br />am;?uss±s s •s .stc^nars,~ ca-= ad uv o=rmer; ant'? o: rations rf 5i hr;tar prt^rperti.es or as iie~neficiary maY reryuire`or its
<br />txotactten. ; ,sto v :t c:~r^~o;y r,; th s~ .. xt^er : q~ -erne~;'.s as 3ecer c a: t ^sa=; from zr me tq time re Guest fqr the
<br />pr~ctcrt+:~ ~+ .. ce c^' t -.~ests .,f t~ ruar.ectvc cis .;es, Adt .nsu ranrn, potactes maintained pursuant to this
<br />?.ireri of ,,. .,,,'~. ~: ~m • - ,_- ~.1 E3 r:e°.;.,:xv as insureds, as ih2i• -PSpectrve a~terests may appear, end providz
<br />may ifiaae shar...~ .~„t _. _ - : catrc:: ~i tncut nq de~ss tna>" 15 lees s; r ~,. it.en ~otif;raticn to Trustee
<br />and ~neficiary- In - e .-~, - :: .~.-~y nare.:nder ;s not renewed ano ".rafa~a ; 5 d~av's prior to its expiration date,
<br />Trustee nr une!tefsc arF,- +--ay . ., .,re ;v..: .=*.surance ,. r. ars:ardance ,•rrrh the prrn•~sroris of paragrapn 7 horeos. Trustor
<br />steadt deliver to 6eneficiara~ <.•~ ~ ~znai poscies of insurance -end renewals tr.ereaf or memo copies of such podicres
<br />and renewals tfrarco `. i-aiiure 2v .- ~h s:uh insurance by T-visor, cr renewals as required hereunder shall, at the
<br />esiason c# Senercarv, constitute a :~,: `suit.
<br />5. Texas. Assessments ano Charoes. Truster shat! ray aid ±axes, assassmenu and other charges, inn,?udir•~g,
<br />vaithout +imiwxion, +rnes and mposstiWns a[tn~tabie to the ProFgrF°d, ano+ 6aaseho!d payments or grcund rents, it
<br />any, be#+are the sarrre become dadinouent. Trustor zhaiC prompt;y furnish to Beneficiary ail notices of amounts due
<br />ender ahis paragraph, and :n ;he event T.rvstar shall make payment diracidy, Trvsicr shalt prompriy furnish to
<br />Seneficsary receip~ ev:cenes:.g such paymens. 1; ustor sh~at# pay sit rsxas and assessments wixich may be s"evied upon
<br />3eneficiar+p's anterast herein ar upon this Ce~i of T:x;st rrthout retard to any Iarr -hat r. oy de enacted 'imposin.^,
<br />payment. ref z'se wfsole or an•~ part ttserettf upfln the Eeneficary.
<br />a, Addetienad Lars and Protection. g€ i3evteficia:y`s SacuriYY. Trustor shat! make ail cavments of interest
<br />and prarctpat and L+ayrr~nas of any ateter chasgees. fees and expenses centraeted to t'° paid to any existing Sven
<br />h4dtEers ar prior tJeneficiari~ undes any prsor deed as Bust ar mortgage before tfre date they are deiinqueni and
<br />fyrr>trrat+y pay ,arnS dischar~ a:ey and alS other liens, c#aims or charges urhirh may ieopardize the sacuritV granted
<br />herein. t°. Trustor feels Ca rtrake any suc±r paynsent or fails to perfarrn any of the revenants and agreemanr~ con
<br />rained do this Deed cf , r,=si. ar in any prior mortgage ox deetl of trust, cr if any action or proceeding is commenced
<br />wtatch rnateraE3y of#ets $ene tcisry`s interest in L!te r:opertY, it<dud+rag, qut. not iimkza>d Co., eminent drmain pro..
<br />t~asirr~s, or cs~eedxngs iaavdving a daxtFent, or if Trustor tarts to pay Trustor's debu generally as tl'tey became due,
<br />xhen ',~ : _~ary, at 3sn~efiosarY's csttion and without notice to « demand upon. Truster and without releasing
<br />'.'taster `~r,^r env o~#gation heeeutsder, may make sucfr appaararces, disburse such sisals and take such action as is
<br />_e*sa;v is prtstcat P,enefitli erg's <r*terest, +,nc~tuding, but not llm;tedto, disbt.irsameni of reasorxabie attrrney> fees.
<br />psY==:, •,~ t;Xrrct?asa, crxaest qr compromise o' env encurnbran:ce, cfra?ge Gr lien, and entry upon the r roperty rq
<br />mss=t repel+t5- bn tilt want t"ko*, Trustzzr ssa4t tai; to precx:re insvra-+c.~ or to ;say ?axes, assessments. ar ^?tv gtlser
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