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<br />balance of the Note end be apportipned among and be payable with any installment paymonts to become due during either (1) the term of
<br />any applicable insurance policy; or i2) the remaining term df the Note; or IC) be treated es a balloon payment which will be due and
<br />payable at the Note's maturity. The Deed of Trust also will secure payment of these amounts. Such right shalt be in addition to all other
<br />rights and remedies to which Lender may be entitled upon Default.
<br />WARRANTY; pEFEN$E OF TITLE. The following provisions relating tc gwnership of the Property are a part of this Deed of Trust:
<br />True. Trustor warrants that: !al Trustor holds geod and marketable title of record to the Property in fee simple, free and clear of all
<br />liens and encumbrances other than those set forth In the Real Property descdptlon or in any title insurance policy, title report, or final
<br />title aplnion issued in favor of, and accepted by, Lender in cannectipn with this bead of Trust, and Ib] Trustor has the full right,
<br />power, and authority to execute and deliver this peed of Trust to Lender.
<br />Defense of Title. Subject to the exception in the paragraph above, Trustor warrants and will forever defend the title to the Property
<br />against the lawful claims of ell persons. [n the event any action or proceeding is commenced that questions Trustor's title or the
<br />interest of Trustee or Lender under this peed of Trust, Trustor shall defend the action at 7rustor's expanse. Trustor may be the
<br />nominal party in such proceeding, but Lander shall be entitled to participate in the proceeding and to 6e represented in the proceeding
<br />6y counsel of lender's own choice, and Trustor will deliver, or cause to be delivered, to Lander such instruments as Lender may
<br />request from time to lima to permit such participation.
<br />Compliance With Laws. Trustor warrants that the Property and Trustor's use of the Property complies with all existing applivable
<br />laws, ordinances, and regulations of governmental authorities.
<br />Survival of Represerrtations and Warwartties. All representations, warranties, and agreements made by Trustor in this bead of Trust
<br />shall survive the execution and delivery of this bead of Trust, shall bs continuing in nature, and shall remain in full force and effect
<br />until such time es Trustor's Indebtedness shall be paid in full.
<br />CONpEMNATION. The following provisions relating to condemnation proceedings are a part of this Dead of Trust:
<br />Proceedings. If any proceeding in condemnation is filed, Trustor shall promptly notify Lender in wrung, and Trustor shall promptly
<br />take such steps as may be necessary to defend the action and obtain the award. Trustor may 6e the nominal party in such
<br />proceeding, but Lender shall be entitled to participate in the proceeding and to be represented in the proceeding by counsel of its own
<br />choice, and Trustor will deliver or cause to be delivered to Lender such instruments and documentation as may be requested by
<br />Lender from time to time to permit such partlcipatien.
<br />Application of Net Proceeds. If ail or any part of the Property is condemned by eminent domain proceedings or by any proceeding yr
<br />purchase in lieu of condemnation, Lender may at its election require that all ar any portion of the net proceeds of ffia award be applied
<br />to the indebtedness or the repair or restoration of the Property. The net proceeds of the award shell mean the award after payment of
<br />all reasonable costs, expenses, and attorneys' Pass incurred by Trustee or Lender in cvnnecdon with the condemnation.
<br />IMPO5ff1ON OF TAXES, FEES AND CHARGES BY GgVERNMENTAI AUTHORfTiFS. Tha following provisions relating to governmental
<br />taxes, fees and charges are a part of this peed of Trust:
<br />Current Taxsa, Fees and Charges. Upon request by Lender, Trustor shall execute such documents in addition to this Deed of Trust
<br />and take whatever other action is requested by Lender to perfect and continue Lender's lien an the Raal Property. Trustor shalt
<br />reimburse Lender for all taxes, as described below, together with all expanses incurred in recording, perfecting or continuing this peed
<br />of Trust, including without limitation all texas, fees, documentary stamps, and other charges for recording or registering this Deed of
<br />Trust.
<br />Taxes. The following shall constitute taxes to which this section applies: 111 a specific tax upon this type of Deed of Trust ar upon
<br />ell or any part of the Indebtedness secured by this Deed of Trust; 12) a specific tax on Trustor which Trvstdr is authorized or
<br />required to deduct from payments on the Indebtedness secured by this type of Dead of Trust; 131 a tax on this type of Deed of Trust
<br />chargeable against the Lander or the holder of the Nate; and f41 a specific tax on all or any portion of the Indebtedness or on
<br />payments of principal and interest made by Trustor.
<br />Subsequent Texas. if any tax to which this section applies is enacted subsequent to the date of this Deed of Trust, this event shall
<br />have the same effect as an Event of Default, and Lander may exercise any or all of its available remedies for an Event of Default as
<br />provided below unless Trustor either (1) pays the tax before it becomes delinquent, or 121 contests the tax as provided above in the
<br />Taxes and Liens section and deposits with Lender cash or a sufficient corporate surety band or other security satisfactory to Lender,
<br />SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Trust as a security agreement are a
<br />part of this Deed of Trust:
<br />Security Agraamam. This Instrument shall constitute a Security Agreement to the extant any of the Property constitutes fixtures, and
<br />Lander shall have all of the rights of a secured parry under the Uniform Commercial Cade es amended from time to time.
<br />Security Irtterast. Upon request by Lander, Trustor shell take whatever action is requested by Lender to perfect and continua Lender's
<br />security interest in the Rents and personal Property. In addition to recording this Deed of Trust in the real property retards, lender
<br />may, at any time and without further authorization from Trustor, file executed counterparts, copies or reproductions of this bead of
<br />Trust as a financing statement. Trustor shall reimburse Lender for all expenses incurred in perfecting or continuing this security
<br />interest. Upon default, Trustor shall not remove, sever or detach the Personal Property from the Property. Upon defeuit, Trustor shall
<br />assemble any Personal Property not affixed tv the Property in a manner end at a place reasonably conven(ent to Trustor and Lender
<br />and make it available to Lender within three 13) days after receipt of written demand from Lender to the eMant permitted by applicable
<br />law.
<br />Addresses. Tha mailing addresses of Trustor (debtor) and Lender (secured party) from which information concerning the security
<br />interest granted by this Deed of Trust may be obtained (each as required by the Uniform Commercial Code) are as stated on the first
<br />page of this Dead of Trust.
<br />FURTHER ASSURANCES; ATTpRNEY-IN-FACT, The following provisions relating to further assurances and attorney-irr•fact are a part of
<br />this Deed of Trust:
<br />Further Assurances. At any time, and from time to time, upon request of lender, 7rustar will make, execute and deliver, or will cause
<br />to be made, executed or delivered, to Lender yr to Lender's designee, and when requested by Lender, cause to be filed, recorded,
<br />refited, or rerecorded, as the case may be, at such times and In such offices and places as Lender may deem appropriate, any and all
<br />such mortgages, deeds of trust, security deeds, security agreements, financing statements, continuation statements, instruments of
<br />further assurance, cercificates, and other documents as may, in the cola opinion of Lender, be necessary or desirable in order to
<br />effectuate, complete, perfect, continue, or preserve 111 Trusmr's obligations under the Note, this peed of Trust, and the Related
<br />Documents, and (2) the liens and security interests created by this Oeed of Trust as first and prior liens on the Property, whether
<br />now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor shall
<br />reimburse Lender for all costs and expanses incurred (n conn¢ction with the matters referred to in this paragraph.
<br />Attorney-in-Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may dp sv for and in the name
<br />of Trustor and at Trustor's expense. For such purposes, Trustor hereby irrevpcably appoints Lander as Trustor's attorney-in-fact for
<br />the purpose of making, executing, delivering, filing, recording, and doing all other things as may ba necessary ar desirable, In Lender's
<br />sole opinion, to accomplish the matters referred to in the preceding paragraph.
<br />FUII PERFORMANCE. If Trustor pays all the Indebtedness, including without limitation all future advances, when due, and otherwise
<br />performs all the obligations imposed upon Trustor under this Deed of Trust, Lender shall execute and deliver to Trustee a request for full
<br />reconveyance and shall execute and deliver to Trustor suitable statements of termination of any financing statement on file evidencing
<br />lender's security interest in the Rents and the Persona[ Property. Any recanveyance fee required by law shall be paid by Trustor, if
<br />~permirnd by applicable law.
<br />EVEN75 OF DEFAULT. Each of the fallowing, at Lender's option, shall constitute an Event of Default under this Dead of Trust
<br />Paymerrt Default. Trustor fails to make any payment when due under the Indebtedness.
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