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<br /> �,,'�• `� TO PROIECf TFlE BECilR/TY OF 7H/S DEED OF TRUSl,TRUS/aR:^�.'9lENAMS AND ACiitEESAS FO n �n� i ,.:r - ---
<br />��'='�"�ti � �` 1. TfUa Trusmr caueneRts.�varran2s artd�ees wfth Beneti�laryc hs sv�ssors artC asslgnsL ihet Thrstor�tl�'It�sT��p���Tr�m any pda llen 'J", • :,:��`��5�!r.?,;;
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<br /> �- or enarmCranr�tAat tAlsO�d ol Tiust Is and�viD remeln a valld and enforceab/e Aist!!en an tRa Tiust Pmpe�fl,that Tiusroi et its expensa w!!1 _ •_�Lj�.,�
<br /> • • preson�such Ntfe sntl wt7ms/n�ln thls Deed olTiust ss a first and paramount lion upon the Tn�st Properry and wlll forever visrrant and defend the :�"• '
<br /> ! ' �: vaUd/y pna pdeAry of the7en hareo/qqalnst theGalms o/a7 persons and parNes whomsoeve�Trusto4 et its e�ens�wlll cause fhfs Desd o!Tnr� � _,
<br /> , '_ ;,;,`;::;;, alyd onc�amerrdment oi avpplemerrt Iteraiq to be filed an0 recarded as e morjqage o!the Tiust Proporry In such marmer and!n sush place and vbll +. ,�."`..
<br /> �� :;_,� talce sueh actMn as!n the oplNan of'Rustea msy be�eqtdred Dy arry p�esent or tuture faw in order ro perfee�ma/ntaln and pmt�cf U�e Uen al thls Oeed �;.� ,'��•��, �� :"
<br /> � ol T1u84 es Ne sem9 may be smeaded or supplemanmd hrom tlme to tlma iJusAt►will make such!u►drer 8ssurarrce or essordnces t0 per�§et fls title/o
<br /> •,.'',_...r� �:.•. `' the first ProportY as may bs re9uirad bY Benet/deiSR Tlusto�hamby reilnqulshes ell d�t ot dower and homestead In end to the Trust Dr�perry. . .
<br /> `:'�•:� �'. . 2 payma�ol fndobiedrtess Trustot ahaD puadusUY pmy the PAnGpal of end fnterast on tlre IndeEteCness secured hereby+ '
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<br /> -.a..r-..t� :6. aConstrur�nollmpravementa7FustbrahaDcompletoingco0endwodunanlil�mannararry6uffdingSlmp�ovementoorropalrs�eladngihe�eaowAld�
<br />`'"''`:"`=`.. ` may bo beyun on No 71ust Properry a co�mpletad Dy Ure loan evtdoncnd by the Abte secured herebY,to PaY when Quo sUeosts and IIabIGNe9 .
<br /> :�:-=� � �:f� lacrmod thorefo�and not M perm/t eny construcUOn Iian egainst surh frust Prapnrry.ln tho eoent conswctian of bu!ldings Impravements a rspuUa • '. .
<br /> , ,� ara com'amplaG�Tlvsiorelso a�arytAing fn this De�d of 11ust ro tlra conUa�Y natwltAsttN�dirtg�(a)10 A�mPUY commenco erN such wvrk end ro .
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<br /> .•�- ocmpl�m tho Pro]�ostrd Improueme�sAmmpuK(b)to compblo th�samo!»aocordenc�w11A Ne Ptans end sP�icatlons as epPm►ed bY Benelklarys
<br /> ,��� fc)to compJy wiU�afl thsmmrs ol u buPding losn agresmeM Nany,DaAvsen Dustorand BeneAclary,the�rms ol�vh(ch�elncorporated twrsln Dy . . •
<br /> re!erettee and m8de e peR heraof,(�to sGaw Benallclary to inspect the first Propa►ry et al!times dudng conSWCtion,snd(e)to reptaCa sny work a
<br /> 1'`' �' � matedNs onSeUSfaciory ro BeneJlclnry withln f'rRoon(fb)days afte►uvdrten notloo hom BeneflGary o/such/act . � ,
<br /> ��A� A.RunQS for Paymnntol Charges SubJect to ayplicaDta/aw orro o wntlon wahmi by Beneficlary.TiustarahaUpay to Benef'�claryon the fust doy oJ each , . .
<br /> �{��''' manth,a surdi othor Oato oach month es may be apecNi�d by BenellGSry,untll tAe Indebtedness!s pald/n full,e sum(hore?natter called the"Funds) ,�. •: .
<br /> ' � eqaal to f/12fh of tho yverfy taxC9 end assessmnnts vihich may attnJn pdorrry owr this deed ol first and ground mnts on the TruBt Fmper[yR N arry,plus� I ,
<br /> �• 1/J2U1 aJ the yeady premfum instatlment8 Por hazard lnsuranceC plus f112th of the yeafty prem�um instaUmenta for mwtgage fnsuranca N any,eU as � . •
<br /> ' masonoLly esfimiCe�lnitlally end from tlme ro UmB by Beneficlary on ihe basls o1 acsessments and bDls and raasonabfe esfimates tAe�ao/.TAe Funds � • . _
<br /> :;,i:r�, shbDbo h�ld!n an lnsUtWon,the deposlts or sccounte�f vrhlch are lnsured a guarant8ed by e fedorel or stato agency inciuding Benefitl8ry.
<br /> • � ���::f':': 8onef+clary shall eppy iha Fuads ro pay sald texast assessmanta Utsurenae prsmlums and g.�ound rent�Beneliclary ahall not be reGulrod to pey . .
<br />:"•;ti,� �'�,ti:t;��',�::'� Trustor any tmersst w eamtngson the funds Benetlefary shsll gTr3 to 1Tustor,wlrhout cha�ga an annual acconntlng of the funds sTaulr.g credi�a.�� � .
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<br /> '"�.+���� ��',�:,,• . d',;tlts tfl 7;9 f:s�9s snd fha purpose fo►wh:eh each de01t ro th�if:mds was mada.The Funds sr�plsOgad as add;Uonal seenrity f�r i�lnOeb�aor.ess .
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<br /> � , ,.�},,,,� �;,r+��_nts�ad of T1ust N the smaunt af fhe Funds he/tl.,/..eradiciary,ro�ether witA the lutms monthly lnsmllments o!Fur.BS prr+�a prar M
<br /> .��.:��'`,�,, , C`9 Qu9 Q..�.H'=S�!'�51,8558^.,SfftCllfS b1St!/8RC7 Ft�JlllUfR9 8l1J,Ql..^ttf%d l9f(C$,�."7FJ:'SxCeed the amouM IBqulfed to pa�seld laxBS,8ss�'°srr.er.�. E , .
<br /> ' , ,�,'�;,"r . i wW�:��ml:rns srtd gro;mA►erris ss th5�l!dU S'1$SUGh Q:' S Sha/16&�I:.sro/s option,either prpmpUy re�d[0 7tustw or c�edrtetl to LJSix� �`, -- -
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