HomeMy WebLinkAboutDeed S 979-693-1213 p.2
Sep 05 06 11:02a
1
Biil h Rslum V:
UnivereilyTitle Company.
P,CL Drawer UT i
College 5totion,Tenas 77047 Ps
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00424135 DA 7?77 173
Gm, 9113 L VV
DEED OF TRUST AND S CIiRITY AGREEMENT
NOTICE OF CONFIDENTIALITY RIGHTS:IF YOU ARE A NATURAL PERSON,YOU
KAY REMOVE OR.STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC
RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE
NUMBER �3
THE STATE OF TEXAS § {
4 KNOW ALL.MEN BY THESE PRESENTS: iS
COUNTY(11 DRAZOS
That the underslgnetl,GRID TEXAS ROI.LEMAN,LTD,a Texas malted porta ambits.hero Maher called
"Oran IOre iwhei},cr one or more),ukase address for gegen hereunder Is 13430 NORTHWEST FREEWAY.SUITE
1000.HOUSTON,TEXAS 770411,orHARR IS County.Tens.in eoneideralk n orll!N AND NO/I00 DOLLARS
(S10.000 pleb in hand paid by WILLIAM DON E1 LIS,imminence=Iliad•Tlustce',whose address for notice is 7500
SAN FEL[PE,SUITE ITS,HOUSTON.TEXAS 71053ithereceipt or which payment Is hereby acknowledged and
c oafcssod,and oldie dcbi and tops herdlncRer mcvtioned hate Granted,Bargained,Sol dand Conveyed,and by Ma
presents do Grant,Bargain,Sall and Convey un le Trteme,and unto the successor nr subunlutr Trastec bnelnatler
provided,the fonuwing properly*cued In BRAZOS County.Texas,lo•wlc
TRACT It
ALL 711 A T CERTAIN TRACT OR P.tRCELOFLAND LYI NOAND BEING SITUATED IN
THE MORGAN RECTOR LEAGUE, ABSTRACT NO.46, IN COLLEGE STATION,
DRAWS COUNTY,TEXAS,BEING ALL OF LOT ONE(1)IN BLOCK TH REE(3)OF
POOH'S PARK RGSUBDIVIS ION AS DESCRIBED DY PLAT RECORDED IN VOLUME
419.PAGE 39 OF THE DEED RECORDS OF BRAZOS COUNTY.TEXAS,LESS THAT
PORTION CONVEYED TO THE STATE OF TEXAS FOR RICHT-OF-WAY AND
DESCRIBED BY COURT JUDGMENT RECORDED IN YOLUME47S1,PACE 84 OF THE
OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY,TEXAS,AND BEiNG MORE
PARTICULARLY DESCRIBED DYMETE5ANDBOUNDS ONFJIHDUT'A"ATTACHED
HERETO AND MADE A PART HEREOF.
TRACT H:
LOT TWO(2),WOLFPENTLAZA,AN ADDITION TO THE CITY OF COLLEGE
STATION,BRAZOS COUNTY.TEXAS,ACCORDING TO THE PLAT RECORDED TN
VO LUME3SII,PACE 47 OF THE OFFJCIAL RECORDS OF IIRAZOS COUNTY,TEXAS;
*giber with all buildings and ether[mpmvrrasmah,Nyman and hereafter placed thereon,and all Inters,oatonal t,
equ"patent,apparatus,fumiavS furnishings end ether property,real and pert asal,naw a hetv3ker lona Bad or warden '11�
the abovc•dancribcd praperty or Um lroptvvemrnts Munro;Including,bei not Mailed to,all hamiag.1lgNing,
refrigeration,plumbing,veranda:lag.Incincratlnn,wader-beadng,eookiagand olydrondtl toning equipment,Seth'-res and
appurtermnecs,windawscreens,wlndmv shade',venetian bunds.awnings,drapes,rugs,and ocher Door coverings and
shrubba*y and mhtrchoacl,and parsonW property used or banished in connection with ihevperatlon,use and enjoyment
Mb-cob ave.-described property and rhe improvements Mann,and all re=wale,am Incomes and subslin bons thereof
and additions Omen.all oIwhid,said nonparty arra futara shell be deemed to Ni a part of and affixed to the noes.
des cribodrea I property;ail reals,revenues,inatmemd prober arisingimm any part ofthc above-dneribed property and
the use thereo>A inchiding dl sons,revenues.ban usmoney.Molina.rlghtsand bane Drsaccruing to Granton under an
present and future o tl,ger and miner-di Imre on any past or the chow-desert bed prnperty;all rights.Uric and Inierwst
ortmalon in and to any utility carmalum cad wostewmac reservaei,oro ralatinglo any part at the above-dprrihed
property;all rights.tide and imams at Gra alms Mand to any and all Worts-water Capacity Raerrmiaas army kind
it-
eh under,if nay.covering de Land or lmprnvi oenos,Issued or which may be issued by any governmental rgeactea
having Jurisdinlaeu tbetaaf,and all vice dgitla relating to sewage.Imam pit rnierlty,%mer rapacity and uliittn
servicing the Land or it peavamena(said lens described in iNs subparagraph being cTileaively soatnimes called
"EV ldes RlgItn'}..,dall rights,d de rad Inlatest nr(nantore in oat to any partner licenses,Irancilsa,arts Rata,end
other rights and privileges ohiainrd Io connection with sold teatprcperty;and all the tannic.right.dile and Interest uC
every mature wratmeverofthe Grantor.in and to all of the foregoing and every parr and parcel(hamar
NaevtthstandIng any other Fanos ge contained hirci n,no Ileo err security Merest crewed or evldeeaed by*Li
agreerncm shag attend to caverany homes lead praputy Gondor In the trent tsar such lienor secosi ly Interest is non
pcemincd by due Teras Communion and/or Texas l am
Notwithstanding wryalher Immune=can tained herein,Irony pyran meaning Ihheagreemssit bra'Consumer-
as defined In Regulation AA of the Board oil-Cornmeal of lha Federal licsvve System,12 C P.R Pan 227,or iso
Fednol/bade Commis lion rate ties Ruhr 16 C F R Pari 444.no lien a security iatereumat al or cv;Jrntad by this
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00424025 DR 7277 i74
agteemcnt shah extend cocoon a nom possessory lien or scarily intenst in'Ff ouxttotd Goods',other than a purchase
money lien or security Interest.in accordance with regulations as applicable
TOIL VB AND TO BOLD theabove-described properly,togaherwitfl nil arsdsingv1 ttherigpts,pclrlteg�,
hereditament and appuntnanem titanium In anywise Incident,entertaining or belonging(all ofwh)eb ore hereinof er
called'Premises')unto Incas,and Noseecesson or substitute*forever,mid Grantors hereby bind themselves.heir
heirs.successors,assigns and legal represenmlly ,to warrant and foreverdeps'd tido to said Premises unto Trustee,
h!a successor,and substlratcs,against wary person whomsoever lawfully chiming or to cralm the some or any pan
thereof
Thiscorsveyaneo Is modern horn on the following wets tames and conditions,and for the puapasa ors=taring
and en forting the paymem ofeeeruin prom lssorynata lhertinafercalled•Note)ofevco date herewith fatheprindpat.
stem of ONE fat IL I-ION ANO NO/100(St,DDOADO-00)OOLLARS,being pride on or before FIVE(5)YEARS
Dcm the dole thereof and Denting intact before.and alter immunity thereof no therein oprat flied,eoyalotig certain
acofereting,maturity and anorney'a fee collation clauses.03 opacified theecio,executed by Grantors and payable to
disorder of PATRIOT BANK(herein0cr,together with nny subsequent holderof the Note,called'Brndlolary`),
whose address is 7Sd0 SA NFEL-I PE,SUITE 125,HOUSTON,TE)CAS 710i3,In lawful nonny oldie United States
of Americo;oil renewals,rearrangements,wteclomo cndlor madifiasions oftha Nett;oral all other sums of money
which maybe h eraterpaid c r ad varecd by mon bchal f of Uatenclary ondcrtheterme and provision otitis Deed of
fruornny nddittoasi toansmodeby Beneliersry to Grontas(il be.ngcontanplolcdthat Beneficiary may lend additional
sums to Grantors from elms to time,but shell not be obligated to da an.end Grantors hereby agreeing that any such
additional loons shell be s cured by this Deed of Trust);and ung aid ell other Indebtedness.obEgatlons end liabilities
of ay kind of the Orme mend any molter en rho Nae,to Betafrdary,menu orhereatier exlstLie,absolute or contingent,
Joint oldfarscreral,;ccunad a enoocnred,due or rot due,siting byape mann of low oroUrerwlsa oedirect or indirect,
Indtr og indobte dome,obligations mod Iiabilit es to Beneficiary of the Omelets andiar cold maker of the Nola no a
meribca of any part p,syndics,e,association or other grip,end whether interred by the Granters os prbtelpat
sueely,endoner,goorootar,ntummodnlln party or otherwise.and whether originally contracted alit,Denefichay or
acquired by Dere Delany prosnant to a bon pvtic;patian mpeemenl or otherwit(all of witch are hereinafter referred
to es the 9ndetllediW).
Orarlors hoehy expressly eavenent and agree thou
I i?ROMISE TO PAY NOTE: Grsmon will pay,or cause to pry.the Note scoured hereby in
accordance with the terms trod provisiors thereof
2 r -aI •:.net a 'r, t s: fho eaccudon of(his Dad ofTrustshdt not impair or
affect any other secarrhy which mer bo given Is aortae the payment of the indebtedness segued hereby,and all such
additional security shell be considered asmaralaUve The tahirtgofadditional security,oracut/enalpinist releases of
the saeudty or any extension of time cf payment of the lydebreaneuseethed hereby shall not diintshh etc force,effect
or Ilea of this Deed ofTrust and rime net off n or legmir the!lability ofany maker.sunny or endorsor for the paymem
of sold Indetueomess
3 PAYM ENTOE.oD VALDE:M/TA}fES.AS,SEDSMEMf5;ETC:Grontonwitlj
duo rad before same beanie delinquent,all ases
res,assments end other charges imposed,levied or messed against
the Premises.Gmniors'hal I Cnmish to Beneficiary paid tat receipts another evidence saLsfaetory so Bmeficlory,pr{or
to same becoming definition',each nor with respeq to Maes geld an the Premises for:be verities year.
4 X6P.PINC PItII miSI ON QQQD NE_Et,Rn Grnalora wilt keep the Premlitn to lb torrent
eanlfUio,s a nd repalrand will natmrmalt erpermit any waste,impairment or deterioration of the some and generally will
not do any net by which the%clue of the rbove-drsni bed Premises may become ern paired.Neighs shall aro material.
improvements.Matures,or;xrsonai properly he ebcred.destroyed or forayed frost said Premises without the written
consent dpendlclsry
5 i O. ..r r e a,: • _AT :On dofault in the prompt paymcet of any snips of i
mercy secured by this Decd of Trust.Beneficiary.or any ager*of Beneficiary,shall have the tight,Lout not the tt
obligation,la demand,=item receive.see far and recover In*lawn name oil pineal ly natio ger future rents,rentals,
and incomes and so apply%bosame to the payment oldie Indehledunoss secured hacby,alter first deducting thncfrmn
all coroner of collection.On salt default,Bastdkiery their oho hove the eight to take pusraalon of the Premises,
removed persons Ihcrafiom and rem the carne ter tixaeccnt of Grantor;and employ etch agents and attorneys as
may be necessary with res t,Ihtrato 1.&rwlse,on.such default,Beneficiary shall tic entitled to have a rose Iva
appolmed to take praesslon of the Premisesandto caUaetail rents,ince mead:mom=without noticetoasonton and
without regards*rho valuationnfield hemi-3c or Iboaolveney ortacelveacy ofGrantar,or any other Noble far
any peal of the Ind eblednera seethed hereby,and whbata pre judice to any other rights or rerordhea.Notwithstanding
othrrfongaage con rained herein,Na ten awe Aslenm eat of Rents tend Lames toe reeuted in connection with this Deed
afTrusr,sold Assign mw ofReots end Leasesotmll be control Ilt im mnneedon with Oranters'omsIgnm,ern ofrants and
looses to Urncf cujy
5 WSIIIrANCE REDUrAEMIINTIS;Grantors will keep the Premises insured o
an din ouch co-npulla,forma and=loontsm a poll
such iota.-0s
may Mil by Dencfrcfary.Allstch lrsarasrsc gallein dhalt camsln
mongagec's clauses payable to Beneficiary es its Interest racy appear,cad ell insurance pohoies and renews*thereof
shall be eleirered to Beneficiary immediately upon issuance hereof,together with receipts.showing payment of nil
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(10424025 OR 7177 17S
prcmiumt thereat Graydon shall him h to Beneficiary eichycarevidence ofc ophrincovvlisshe requirements ofthis
paragraph Beneficiary Mail hove the right to collect and receive all mangy dm!may became payable end aPerObfe
on all such pone les(whether through lett or dam age 1a the Premisee,or otherwlsal std apply altar anypan of to c mete.
Ieu oremorallc collection expense,as actdit cm the Indebtedness secured hereby,ovcn though suet bidehtMnes may
tat be due ocrnrdbrg ra its toms At its opllon,Berra Balmy nay use any part of such money far the rebaihiiog and
aatonikn orany on of Be damaged or destroyed Premises Any such money held by Beneficiary Pr rebuilding or
restoration andl be hold without payment orallowenre oflnaatx ThisswayslonnhuB notarmicany duty on the pot
ofthc Beneficiary to rolled insane m proceeds end I he Ueneflebry shell not be re:penslblc for the Baum to entices the
same regardless of the mese a fetich folium
7 ARNEFICTARY'SRutlln TOPi DvALGRRllefES AND INSURANCEpREMIlfhIS:
if Grantors fall to pay assume become doe and payable,oil lose,asrenouats and other Marren imposed,!mica
orossea ed ageing said Prarobtt or to aralntala the kuaramce coverage,ok as tarda provided,Beneficiary moy,
at us option and without velver of any other rights granted by Mil Deed or Trust for breath if Ilse wveleaats
contalerd hercln,procaac wad pry far way such lantrmieaeayerngeand pay antra ext Bulb,assails tela a4d Other
cbocgcs,i*de dine any stet that may be necmary to redeem Ibr Premises from tan sale,without obligoron to
Inquire Into She validity gaily rash taaurassusmnia,charges end tax sales,the receipts of the proper a intern
befog eonetltnlve evident*of the validity mad amount thereof, All nmeaab so pold by Be:aefldary shell
lmmetllorely become doe to Beneficiary,together wfib Ineerut thereon from the dale on which sada payments
were made at the rate provided he Ilse Note seemed hereby,and elf such meaner es nbafl be added ID and beearne
a port of the Indebtedness secured by this Deed of Trust
rQOTHER SUPERIOR t.!ENS:Common will not wirer orpermit any lien aowlet orequal re
rte lien armlet hereby to attach m a be en fused against lie Premises.
9 EMINENT DOMAIN:Irony pan aflhePremismeshall benakenforpublic use Undo Olt poene'uf
eminent domain.Beneficiary shall have ire right to rous er and collect oil tmaarn and damages evvar*d by such
condemnation proceeding and apply the some on int last mottebrg I Irt.14111mcros of the Indebledrxa severed hereby
10. $IIIIREOV0PIT OWNERS; Subject to the provisions of the Doc on Sale paragraph hereto,
Beneficiary truly deal with any subsequent owner err acer-mom in interest of therm-mats or any pari thereof without
notice to Grmmars and wilboul limiting or discharging the liability of Grantors under this Deed of Thai and the
Indebtedness adorned hereby.Sale ofthoPremises,forbearance byDenefrelsey.extensions ofIlse time eefpayment of
elm Indebtedness mitred hereby or eccderatlon of Me ilex for payment of the iadebtaness seamed hereby aid the
subsequent stinstmrsrmi arsenic,shall not apnea to release,dlstheipa.midi Iy.change or l-n the original lability
ofaranmrs in whale ode peat
I I WAlvER OR APPRAISEfv1ENT LAWS:Grantors expressly naive and renown=the benefit of
oil prawn:and future Isms ptovudl ng far any approisemeat Warn sole of tiny of Ilse Prone covered by this Deed of
Tramt commonly known us'apnea ement Imus',and all preseni rend future Iowa extending in any mannan the Ilan far
Enfonrneret oralltedon ofthe Ind frdams securedhoeby.comm only blotto on eisey laws"and'redemption Fenix-
11
enix11. DEFECT 1N TITIAN 11.subsequent to thec e:o leo end delivery of this Deed of Trust,it should
beascent:and dust Mac ism defect in the Minor Grantors to the Prrmises,er tlnstthefeisa feta of any nature wholstoser
ore any part of the Prendgc,whleh la equal or superior in rank to the hen granted by this Inetnatn ot,or If u homestead
chdrn is asserted la any pan of IhePraaises adverse betide;nat.or If Granton army subsequent owner orate Premises
or any guoranterelite ladebtedness becalm insolvent or bankrupt.or a receiver be appointed for their property,or o
petition forroarganizadoe,srsangemcatocrelvership,knkropicyormioeedproceediagsbafiledbyoragelnslCranroes
many subsequent owner orate Premises,or any au memos of the Indebtedness,then ire say such avast wry Dtnefteltry
shall have rim right at dither the Indcbtcd nta secured hereby at once due and payable wlthoee demand or no lee,and
the/iongraoted by rials Decd of Truer may be foreclosed
t) FORECLOSURE PROVISIONS:(a)I ftheiadebtednevaccurcd hereby is folly paid innecordence
with Ma term s and provisions argils instturacnl and IheNo Ie.mad if the covenants cad sgrcomeets unlined bercin arc
Imp and perfoemod,then this oanvrynnce shill become null and vaunt stall be relented at the cape ase of Oroatora
olberwise,the same shall remain it fall tierce and effects and ItdnPoult Is aafc lee the payment of ray pan of dm
lndebredness secured hereby or In the perfoanonco orany W ihewvens:Mend overt nests conpt(ned In Lib instrument
or in she Note,or in any document a eneeued In connection thernvir4then the entire Indebleant=accur ed bembY shot
at once or atony time dmreadb while any part of mid Irdcbtuktess remslm unpaid,of the option of any Beneffitary,
become due and payable without demaM or notice(dl rights to demerd and nobles being hereby expressly isrebs i)e and
it shell(hereupon be This duty of the above named Trastec,or his niers seer oc substitute.es herein after provided,to
enform this taut at Life mutat of any Doh efrciary(which request when Inc presumed)rod to ami the Pram see with or
without first having oaten possession of the same and ire whole at In yen,as site acting Trustee may elect(o0 rights to
u manbdling of assets of Grantors belog expressly valved hereby),to rho highest bidder forcash at public auction err
the Caonhoure door oldie County In which sold Premien arc!booted on the first Tuesday of any mmtb benvaen the
hours of IBA M and IPM aflcrgiving rod=of the tine,plate and teems ofade and the Premises m be sold by(I)
the Wing Trustee oe may person mhosm byhimposting or ceasing to be posted wait en on primed notice ihereorat least
rtrmtyone(211 days preceding the dare odsaid sok at the Count'Counbouoe door as On pisco designated by lint
opprapnlme oulherbba of raid County(whirlever plena Is legally opprspeine),11)rho acting Trustee or any person
chosen by him filing or coning to be Bled with the County Clerk of the Ce may it which the Premises net siteated
written o:printed notice thereof at beau wsenly.ane 1211 days preceding the dem of said solo arid(iii)the Benalid*ry
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tiA0?24O2 oil 7',77 IN,
c r tiny person chosen by it,or[cosi twealy•one 91)days preceding the date of mid sale,serving written notice 0E311,61
proposed sae byeenifiedentailoneachdebtoroblIptiedtopaytheIndebtednessevidencedbytbeNaleae nrdMgtothe
rsoeds of Bend-friary.s.eake druids collect,deb debtor shall ler mow Iced upon deposit err ho ootiae,eocionof
in a postpaid wrapper.property addressed to each debtor at the most recent adenous as shows by the records of
13crenate),InapoUofficeurofEdnidefaltoquodedthecareandcstnodyoftheUnitedSeam Postal Service. The 11
a fridovit of arty person having knowledge of the Gets to the effect tial such servlet Was comple le d:holt ba prima twin
evidence of the fact of sersdee
Alla such sale,the sating Trustee shall make due conveyance with genera{worthily to the purchaser or
pa/chasers nisi the Donlan bind themselves,their Mfrs.assigns,Immures,administrators,successors and legal
repteseraaoIves to nacos and forever defend the otic of such purchaser orpordhascrs
(b) Il de fault Is ma es inthepaymenlofonyputarab,funebtednsuoccuredherebymintheperfarmance
of any of the covenants and agreementsetentnined in this Inelrum era a''.n she Not;any o erefmclory shall have use right
and option to praazd whir Covent osure in n nishcilon°lsuch title or hems by directing the Trustee,orlsissueeosorco
substitute m beret eater provided.in proceed nit under full foredo:toe,conducting she sale uehereln provided,end
without declining the whole debt due,end provided that if ode Is made bemuse of default in hereinabove mentioned,
each sale maybe made sebjectlo the on matured pert of the Note and the Indebmcdnrss second hereby,and It is agreed
tiler/och salt:,If so glade,shall non In any inane er affa l any otter obligation or obligations stemma hereby,but as to
suchothccob5&at fans litisiked afTrust end the liens created bere:ystall remain in NII force and dfoetjust es though
no tale had been made under the piavisioas of this paragraph. It is further agreed that several sates mew be made
hereunder Wit hoot eshaastinghe right erratic for any other brach deny ofthoobitgadlan secured hereby;h being the
purpose to provide fora fnruins/me sod sate ankle Premises for tiny censored panioo of anyof the Indebtedness secured
trashyarotheriiens provided farherelnwithout cothitusting the anaemia foreclose std to sellahc Premises for soy other
Part of the indebtedness accused hereby whether motored at the time or subsequent('maturing.
(e) The proceeds from tory such rare shat ht applied by the acting Trustee as follows,
FIRST: To lite payment of all apemen of advertising,selling and conveying sold Premise,
including a wmm:issfpe to the acting Traded of five perces{0%)of the ODIUM of the unpaid
Indeblednesssecured hereby
SECOP4Dt to the mini:bito Beneficiary deli unpaid Indebtedness andaccrued interest to thedneo
THUAB:The bolaace.if any,shell be arid to Grantors
(d) The timing Trustee hut under shall hare the right lo sell the Piens lima la vaulter in can and rn 3I'61
parcels and order as he may determine.aid the right of sale boeunder shall not be=blurted by one unmans sales,but
successive Isles may be had until all of the Promises hove been legally said. In the event any rate hereunder Is not
completed or is defective in the opinion ad nuefcisry or!beholder of any pert ofthclndeblednw,sneh sale shall not
cathedra den power of sok hereunder,and Here rickey orunets bolder shall have the right to cause a svbsegaena solo or
saturate made by theTrustce or any successor orsuhstittne Trustee I Ikreelon,Denef einry racy became the porchmer
at any suds sole lilt is the highest bidder,and sisal have.the right,of er paying or accounting Snell cuts of said sale
or sales.to credit lire amen nt of do bid upon the amount of the Ind:brat4 this owing,in lieu of each payment. The
purchaser or purr-anus at foreclosure shall have the sight in affirm or Jimltum thy Iwo of send Premises.
(c)It shall net be necessary furtheoeaing Trustee to have costslautivety in his possession any past of the real
or personal property covered by this Dead al-Trust,sod Ire bile and right of passusian of said property shall pass to
the purehriser or purchasers it such side berelt contained orolhefwl=Condors gram person aiming arty past of the
Premises by,through or under Granters.shalt not be entitled tau marshalling or used err a sate in inverse order of
aIImat iali
(t) The raeiuds and statements of fact coMoined in any notice or in any es nveyance to the purchaser or
purehatrrse!any suchsales/Ail be prima facie evidence attire trait offacb bels,andoD pterequhltes and regeiremetds
nf:sedu y in the vstidlay orany such sole shall be presumed to have been performed
(g)Any sale under the powvca granted by this Deed of nun snug be a perpeloal bar ngeirut Grantors,their
hefts,SutelariC SI.assigns and legal representatives.
1a.TENANTS AT W11,4AFT Ell'OAK LOSUP,Ee tothearent oFafort:closenaunderthcpavan granted
by this Deed a fTtusf Grantors,andall ciherpersons in passesloa o forty part of dmelrrentises,Shall be deemed tamaw
at will tette purchaser as such foreclosure sale and shall be liable for a reasonable renal for she use of saki Nem MCI:
nod Ifarry surh tcnwnts refox ea surecnder mess essf oo ofseid Premises upon dune rid,the porch aur shell beenlyded to
Institute untamed atria the nal army action offorcible entry and detuitrier and psacumen wrhafposoavi an azrcawder,and
Grantors espiessly waive oil deranges sustained by reason thereof.
IS.p•0111 ss s;S ;y ' ITtn'- '•In nseofrhe dmth,Inability,refusal or inumpecl{y of
the herein named Trustee to xt,oral the option of ony Bvmfrdary is any time end without cameernotlesr n successor
or substitute Trustee may be named_censthuted and eppeinurd Successor or substitute trustees ratty be named,
constituted and eppohaed winceut proeoring the raignodoa urine former uusletand witheaa other formality than tbs
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execution and acknowledgement by Beneficiary of a written inslNmert(whlr't instalment, if Beneficiary is a
corporatimt,shall be executed by the PrnWcrx or any Vice President and without the necessity of any action by the
Bounded Dlnuori aatha-lafiug doth eppalntascnl)appoindog end designalhng such successor or wbstitale trustee,
whesxupensuch sucsesserorsubsitu tatrusteeshall become versed w Ilh and succeed toed oflhe ritht%.Ihles,privi'eger,
poweas and duties of'Initiates named hereto.Such right oreypofnonrm oft taint num wake shag exist as often and
whenever tor any of said=ascetic original or succrssoror substitute trustee cannot or will mum or has been renteyed
ne herein provided.
16 (131)RYSAYINGS CLAUSE:This Deed ofTrott hasbeen executed unlike deBvacdin,and theNot e
has been Issued In,the Scam o(Teens,and each is to be can:trued in accordance with and governed by the laws of the
State of Texas and the laws of the United Setter ofAmahns,o eppllenbtc, In limey=shut any one ar more of the
provision contained isrhisIMJofTrust shall.!army reason,beheld invalid,Illegal or men forceable In any mom,
each invalldhy,Illegality onaraforeetbllitysbell not affect any other prorislon ofthts Deed aril-rust Furthermore.it
Is the intention of Grantors and Beneficiary to eon form ctrimly la rep9ticable usury lows,an amenity In tRM
Accordingly,ifthetransunitnseonlemplmed hereby would be ussubern ander applicable lar.(Including the lents ante
Statex iatesendehelawsaf[heUnbedStromefAachen),ehrnaotwiuhstandingany[bistgtothecuntrnryInlhcNole
or any ober evident of the indebtedness.or any agreemeot entered into In connection with an as security for dm
Indebtediedss,I i is agreed ns papaws!(1)the aggregate of all eortelderalinn which eamIlie!es Interest under applicable
low that is contracted for,charged or raxshed nada the tndcbtedneos or under any of die other uteresld ngreanenes
erothen+Isa in eomatton with dm Indebtedness thief'undone circumstances exceed the men Imam amount oRnleren
pennitled by applicable law,and any exerts Atoll be credited on the Indebtedness by the holder thereof(or.If the
Indebtedness shod have beet pard in full,refunded to the Granort)pend(II)in the tvcrt that the maturity of the
Indebtedness ISacecloesaed by mason°fan dectionoft he holder thereof resulting from arty EreM of Default under this
Decd of Trust or otherwfsa,er in the event of any required or permitted prcpnymant,Ola aueh eataidaatlon that
constitutes Interest may nevertnchute more than to max imam amount permitted by applicable law,and eaccsa interest,
ifeny,provided for In thls DeedefTrurtar otherwise akin be canceled ounnmotledIy as artist dote of such acccleradnn
orprepoymenl cad,Ifdae cafacpaidolealI be eredhed on the Indebtedness tor,lfdm irtdebtainesssholl have bean paid
In ha refunded to the Creston)
17 FIXTURE FILING:This lnsltumentshakl be deem to baand rusty be enforced from dtncta time asa
Deed of Trsat,Chattel Mortgage Antignrnrnf,Contract,Security Agreemeng financing Statement,or Lien en
Machinery Shunted on Reallyr and Roes Ilsrin to dmo many outer mom thereof,and shall eon ablate a"Shah=F Oing^ �n
for parpwts of Alf etc 9 oCae Texas Uniform Cammaelal Cade
IS UNSEC12RFA PORTION Of pEOT: h f sire lien created by dila Deed of Trust shall be invalid or
unenforceable ere la any pars of the lndeberbsts secured lreeby,the unscented portion of raid Indebtedness shall be
completely pad and liquidated prior to the payntcrt mid liquidation of the remaining and secured portion of said
indehtednesa,and alt payments=deco said Indebtedness shall be considered to bone been li l paid an and arplial
lo the comp ram cnt and liquiefriion erg hat portion elle Indebtedness which is not secured by the lice ofrh la Deed
ofTnuti
19.jSCRDW ACCOV Tfn notwithstanding psr+greph i above,upon request from Beneficiary featuring
aA Event of-Default,Granton shall crate a feud er reserve far he payment of all brstcsnet premiums,taxed and
taseurneiUoptimst 1ml'tura iaes by paying m rietmlieft rysuch enceth esnntempemneousfy with the b stallmenlsdue end
payable on the Note,o dam equal In the premiums sat sail)next become doe and payable on the hazard Insurance
policies covering the Premises,plus lazes dad eneussmenlu Bern dec and payable net the Premises,as eslbnm d by
Beneficiary.Innate sums pall therefor,divided by the nambe r ofmonths to elapse before two months priortri she than
Menage',premiums,taxes and one-tmrnU wDl become due and payable,each suns to be held by Beneficiary wifhou I
Inner:al[bribe peep oscefp*Inc Such premiurns,lanesand aslant'ennui Any anceesireserve shun,tram discretion of
Bercfrdwy,be milted by Beneficiary on subsequent payments to be made by Grantors,and airy deficiency sbtet be
paid byGmnIon to Beneficiary on or before thelatewhen turfs premiums,taxessad ammomentashalf be due Tanster
allege"title to the Premises shall monad=Hy transfer to enc new water the beneficial interest in ell sums depesitcd
ander rix provisions of this paragmpb
2D.$0BROGATIONRBCRTSO)BENEFICIARY: it In underuienut trnd agreed that the petit-ends ot be
Now,to due cetera that lite sane ore utilized to tale up any auttendirag ileus and charges against ahePne ruites.or nay
portion thereof.base been advanced by Beneficiary at Goanlort request end wen Creators.representation that weft
annum,are due and payable Benelkbuy shall be schmgeted to any and all rights.superior ticks,liens and',Oita,
oven ed ordoimed byany owner or holduaf saidoutstand Mg Ilene however innate regardlemof uhelher paid liens are
acquired by enigam crit urn are released by the holder Ill area upon soy roma_
21.AUEQN SA l,St Gramma shall not tun:am'Mg moagageoresheeo1re transfer or encumber their innuest
intbc Premises with 3111 first obtaining the prior wilier!mew:reefBennyciary BunoBefary shall be under no obligation
to consent to try ncqunted mile,earlgneaera.transfer,mortgage or encumbrance of Granton'int atm in die Premises.
Without limiting the fen-going,if Beneficiary does gm tet such coma;It any make such oondidons for chest-awing of
lint consent at It may In its sole subjective discretion deem ncenaeny,desirable or appropriate,lerlosimg Without
limitation(I)maul this the paymera to itofa transfer feeinmva the cost ofdoettmenting We transection on Ira beats,
(l1)requiting the payment oral)Wilts Miomrya'fees reconnection%nth such sale,assignment,iraesfer,trongnge or
encerm bmrce,(Ill)Increasing the Interest race on the lnstebted resr,(Iv)req airing Use exprmr assumption of payor em or
the Indebtedness and of the obligations ander this Deed of Trost and Security Agroemen by the transferee of such
interest hr dint Premise(with or without hie release or Grendon from liability for such poymaat and obligations).(v) F7
5
979-693-1213 p.7
Sep 05 06 11:O4a
jr(
r3
Go. ea Vo) F9
00734025 itR 7277 17B
requiring Pic execution of an ossemptlon wen-bent.modification agmcre=d,supplemental sic tiey documents and
feaereing statemcnls sarlslhutuy in form and subsionce to Beneficiary,[vl)requiring endprsesgelo le any raiding
mongogc Rile Insurance pot cles framing it:sraxity Interest)n the Premium,sad(v11)tequtr:ag add Wane'seoority for
the payment of the lndebtainnt.Gra marl'failure to comply whh this paragraph prior to camummomlrnB any Nth sale,
assignincra,I esferonortgage or en combranee shall&esthete delimit undertlic Note and beach afth le Deed offrust
and Security Agreement,entitling Twice and Beneficiary to avail themsaves of all rights,powers,remedies and
resources allowed or porn iced therein or herein
22 GRANTING OFSF,CYMfrs'INTRRT,S'f:Toforhersecure said Indebtedness,Grrnontrnbyyaw
to Beneficiary a security irdrtcst in and is the Premiss insofar as such Premises consists of equipment,Inventory,
f latera,chattel piper,doutmrnts.inaruncaes,accauats.cont rap rights,columnar goods.luso products,maney,general
lntangJia,goods nod any end MI Whet personal property of eery kind or rlemela defined he and subject to the
provisions ofdxTouts Un)falm Cotanroxint Codyineluding Ito pro reedit and product eland from any and dl°roach
personal property If any default actors under the terns a f the Note or this instrument,BenePelary Is and shall be
entitle-die all of the rights,psoas acid tamale=artful-Sed■Secured party by the Tame;Uniform Commercial Code with
referee ce la the permed progeny rid fixtures In which Bcnetclmy hos bean greeted o security Interest herein,or the
Trustee or Beneficiary may proceed as to Oath the rat and personal property covered hereby in accordance with the
rights,Pavers and rcasedtes granted under this insm[mwd 1n unspent of the reit prapaly covered hereby
23 14_,FIRS,SUCCPSSf RS,ASSIGaILAND_LECIAL REPRESENTATI V54: The covemmds and
agreements herein contained shell inure to the bane fit ofanf be bindiinguson the respective helm,etemrort,cssign3
and legal representatives of the panicsbercta Whenever used.the alligator nualM•shall include the plural,the plural
the singular,and the vsc of any gender shall be applicable to all garden
20. SUBJECT P13 EASEMENTS.RESTRICTIONS.FTC:This Deed of-Oust and Security Agreement
is ezecated subject to 60 valid easements-scam ishan.rnvenonye re mora!on[Vat royalty rescrvatims and maintenance
charges,if any,applimhle to and enforce-sick against the Premises wbich have been duly recorded In the real mate
ret Dads of the county in which the Premises arc located prior to Lie date of the-recording of lhia Deed of Trust and
Security Agreement.
25 WAIVER OF PBFIClFl CY STA]'(ItE PPROTBCTlONSjpA1R MARKET VA UT FOR
CA r,CttLATtNGDEFICIEPfCIE.Notwithsundhngthe provisions ofSecilou51.003.31004.and 51.035ofthe
Teens Property Code(as the some may he amcndcd from time to cunni.and to the went permitted by low,Grantors
agree that Beneficiary eheIliw entitled to arch o deficiency Judgment.from Granters rid any other party obligated on
the N ate or any guarantorofltte Note equal to diedi fkrancc between the anion ea owing on the Note and Ocamoum for
which the Premiecswas cold porn;ant toaJudichojor,sonjuditidforeclosure sale.Genebus exam*recognize that
Of:settles cense ltides g waiver of the*arc-cited prnvleioas ofnhcTaus P apeaty Code which wmeld othenvlsepermiI
Glutton and other persons against whom recovery ofdcfcenedes Is sought of guarantors hrdepe denfy(even ulnen t
the initiation of degelency irneeedlogs against Them)no precetnt connivers evidence of the fair market vale:or du
Promises ea of the date of forerkee s aid oiled the fair market value of tba Premises es of the dale of foreeloatre
against any deficiency the=aunt by which the foreclosure sak price it determined to be bats than such fair market
value Grattorsfunher recognize and ergreathat this waiver vanes en irrebuttable presumption Oa the foreclosure sale
price la equal wale lolrmurket endue of the Premiss Gtr purposes of calculating deficiencies creed by Grattan,other
borrowers on the Nate,gmvanters.and mlnern apical whom recovery of a detie lorry is sought
Aliemcmvely,in the event thin waiver is detmnib&bye coon of competent Jurisdiction to be unenforceable,
Clic following shall be the bails for the finder of foot's dctmoinollon of the fair market value of rhe Paniniacx sof the 11
dateoftho fereel oso re sale In proceedings goof rued by sealant 51 AO],St g01.and3I O05a f dtcTextu Property Code
(as wncndcd from time to t ime):
The Promises shag be valued in an'as Is'condition at of the ate of the!orabsure sa3a without any
assumption or expectation that the Prem{sestvfll h r t:paired or Improved in airy meaner be fore a resale of the
Premises after faniature;
b 171s valuation shell be basad upon on ensumptian that the fnreelocure purchaserdcairo n prompt metre el the }
Promises far rash pcompdy(hero nn tater than twelve months)following the foreclosure sole;
MI reasonabla closing costa customarily home byiho seller im neraomereiel rut estate trensacdnn shoald he
4!Wooed from the gram hilt market value of the Premitp, including,=jihad ifnnhaslon,brokda¢c
coarmissloes,dIk itanenoe,a survey of the Metaisos,cox proration,ottomcys fees,end marketing costs;
d. The grass fair market value ofthe Need=shall he further discaunrcd to:account far any erlmated holding
casts assodaled with maintaining he Prearises pending sal e.Including,without limitation,udlflies ceps-auk
property management fan,taxtsand assessments fto Cheesiest not eeeernted for in paragraph c above)and
alhcr mini=sante expenses
e Any caper(opinion Icilmany given or amidered in connection welt ddcminotion anise Went erect value
of the Premises must be given by penes Irving at least five yearn experience in appraising property slsrllar
tot ie Premises end wire hove condurled.aid prepmred o complete written appraisal of the Premises taking Into
constdcratlon the factors set ford,above
6
979-693-1213 p.7
Sep 05 06 11:O4a
jr(
r3
Go. ea Vo) F9
00734025 itR 7277 17B
requiring Pic execution of an ossemptlon wen-bent.modification agmcre=d,supplemental sic tiey documents and
feaereing statemcnls sarlslhutuy in form and subsionce to Beneficiary,[vl)requiring endprsesgelo le any raiding
mongogc Rile Insurance pot cles framing it:sraxity Interest)n the Premium,sad(v11)tequtr:ag add Wane'seoority for
the payment of the lndebtainnt.Gra marl'failure to comply whh this paragraph prior to camummomlrnB any Nth sale,
assignincra,I esferonortgage or en combranee shall&esthete delimit undertlic Note and beach afth le Deed offrust
and Security Agreement,entitling Twice and Beneficiary to avail themsaves of all rights,powers,remedies and
resources allowed or porn iced therein or herein
22 GRANTING OFSF,CYMfrs'INTRRT,S'f:Toforhersecure said Indebtedness,Grrnontrnbyyaw
to Beneficiary a security irdrtcst in and is the Premiss insofar as such Premises consists of equipment,Inventory,
f latera,chattel piper,doutmrnts.inaruncaes,accauats.cont rap rights,columnar goods.luso products,maney,general
lntangJia,goods nod any end MI Whet personal property of eery kind or rlemela defined he and subject to the
provisions ofdxTouts Un)falm Cotanroxint Codyineluding Ito pro reedit and product eland from any and dl°roach
personal property If any default actors under the terns a f the Note or this instrument,BenePelary Is and shall be
entitle-die all of the rights,psoas acid tamale=artful-Sed■Secured party by the Tame;Uniform Commercial Code with
referee ce la the permed progeny rid fixtures In which Bcnetclmy hos bean greeted o security Interest herein,or the
Trustee or Beneficiary may proceed as to Oath the rat and personal property covered hereby in accordance with the
rights,Pavers and rcasedtes granted under this insm[mwd 1n unspent of the reit prapaly covered hereby
23 14_,FIRS,SUCCPSSf RS,ASSIGaILAND_LECIAL REPRESENTATI V54: The covemmds and
agreements herein contained shell inure to the bane fit ofanf be bindiinguson the respective helm,etemrort,cssign3
and legal representatives of the panicsbercta Whenever used.the alligator nualM•shall include the plural,the plural
the singular,and the vsc of any gender shall be applicable to all garden
20. SUBJECT P13 EASEMENTS.RESTRICTIONS.FTC:This Deed of-Oust and Security Agreement
is ezecated subject to 60 valid easements-scam ishan.rnvenonye re mora!on[Vat royalty rescrvatims and maintenance
charges,if any,applimhle to and enforce-sick against the Premises wbich have been duly recorded In the real mate
ret Dads of the county in which the Premises arc located prior to Lie date of the-recording of lhia Deed of Trust and
Security Agreement.
25 WAIVER OF PBFIClFl CY STA]'(ItE PPROTBCTlONSjpA1R MARKET VA UT FOR
CA r,CttLATtNGDEFICIEPfCIE.Notwithsundhngthe provisions ofSecilou51.003.31004.and 51.035ofthe
Teens Property Code(as the some may he amcndcd from time to cunni.and to the went permitted by low,Grantors
agree that Beneficiary eheIliw entitled to arch o deficiency Judgment.from Granters rid any other party obligated on
the N ate or any guarantorofltte Note equal to diedi fkrancc between the anion ea owing on the Note and Ocamoum for
which the Premiecswas cold porn;ant toaJudichojor,sonjuditidforeclosure sale.Genebus exam*recognize that
Of:settles cense ltides g waiver of the*arc-cited prnvleioas ofnhcTaus P apeaty Code which wmeld othenvlsepermiI
Glutton and other persons against whom recovery ofdcfcenedes Is sought of guarantors hrdepe denfy(even ulnen t
the initiation of degelency irneeedlogs against Them)no precetnt connivers evidence of the fair market vale:or du
Promises ea of the date of forerkee s aid oiled the fair market value of tba Premises es of the dale of foreeloatre
against any deficiency the=aunt by which the foreclosure sak price it determined to be bats than such fair market
value Grattorsfunher recognize and ergreathat this waiver vanes en irrebuttable presumption Oa the foreclosure sale
price la equal wale lolrmurket endue of the Premiss Gtr purposes of calculating deficiencies creed by Grattan,other
borrowers on the Nate,gmvanters.and mlnern apical whom recovery of a detie lorry is sought
Aliemcmvely,in the event thin waiver is detmnib&bye coon of competent Jurisdiction to be unenforceable,
Clic following shall be the bails for the finder of foot's dctmoinollon of the fair market value of rhe Paniniacx sof the 11
dateoftho fereel oso re sale In proceedings goof rued by sealant 51 AO],St g01.and3I O05a f dtcTextu Property Code
(as wncndcd from time to t ime):
The Promises shag be valued in an'as Is'condition at of the ate of the!orabsure sa3a without any
assumption or expectation that the Prem{sestvfll h r t:paired or Improved in airy meaner be fore a resale of the
Premises after faniature;
b 171s valuation shell be basad upon on ensumptian that the fnreelocure purchaserdcairo n prompt metre el the }
Promises far rash pcompdy(hero nn tater than twelve months)following the foreclosure sole;
MI reasonabla closing costa customarily home byiho seller im neraomereiel rut estate trensacdnn shoald he
4!Wooed from the gram hilt market value of the Premitp, including,=jihad ifnnhaslon,brokda¢c
coarmissloes,dIk itanenoe,a survey of the Metaisos,cox proration,ottomcys fees,end marketing costs;
d. The grass fair market value ofthe Need=shall he further discaunrcd to:account far any erlmated holding
casts assodaled with maintaining he Prearises pending sal e.Including,without limitation,udlflies ceps-auk
property management fan,taxtsand assessments fto Cheesiest not eeeernted for in paragraph c above)and
alhcr mini=sante expenses
e Any caper(opinion Icilmany given or amidered in connection welt ddcminotion anise Went erect value
of the Premises must be given by penes Irving at least five yearn experience in appraising property slsrllar
tot ie Premises end wire hove condurled.aid prepmred o complete written appraisal of the Premises taking Into
constdcratlon the factors set ford,above
6
979-693-1213 p.8
Sep 05 06 11:05a
a
pot BI, Vol Ps
(19424425 BR 7277 174
26 PER FECTIQN OFSEC[N1ITV INTF.RESTg
ti) Grantor hereby Ratterlzes acne e1 clary to fie a financing Fragment(the 'Hnaneing
Slatco cer)doer/bing the collateral seal ring the in[Schiedam,
(ii) Bonfiieiary eholl,et Beneficiary's option end tet the espcnse of omn;ort =rive prior to
dosing an official report from the Secretory of State Moodier oppropriote authority)ofoeh
Safe in which(a)ria aforementioned collateral b lovtrd,(b)the Chief Patuoive Office
State.and()the Grantor St ate(c etch eu defined below)(the"SOS moons")indicating that
Beneficiary',mecums interest isprior to di otberaeonrily lemmas oro(hv interests it fleeted
In the report
27 LOCATION.STATE OFINCORPDRATIONIORRESiDENCE)AND.NAMEOFCRAN7OR.
Grader's:
(i) Ottereleruthe oBice,and ptaaorbusincss:(if Omar h an nr nnirade n)orreaidence(if
Gtaa!or Is a enteral parent)is located in:5e Slate of Texas(the"Chief Executive Ciliac
Slate"),
(If) state of inturporatian,and organ bunion Iii Grantor u an urganiratlad)re redden=(1f
Cromer it o natural puma),Is It State a(Taxa(tha"Gmrnor Shia');and,
{iii) mad!eget name Mai set forth lathe first paragraph ethic Deed ofTnat.
213 GPNER A L COVENANTS Emil hut Indebtedness is paid in Rill,Grantor agrees that it wilt
(I) preserve its corporate andfororgan Isaluted radamn=midair,l none Irartsaeton to a series
of related transaelinnc merge hoe er consolidate with any other entity,ca sell all lir
substantially all of its asxit(i(Grantor In not anal unl person
(ill not change Me tumor Its incorporation ororgtn'dalhw¢fGranter lenet aamoral penrm);
molt:hence its corporate arorganization nom ewithout providing 13uehctary star It 30 days' t
prior written notice(if Creator la net a natural person);
(iv) deliver such Sourcing Smemwn or Statements,Cr tomo rents thereof or supplements
thereto.needierinstruments's/Beneficiary may from lime to tmerequlrtin order to comply
with the Tunas Uniform Commercial Code(or other applicable State low of iho Juradlaian
vatscany',Me Coil:lenti is located)and to peranve and p mist tit security Inlceat hereby )
groaterk and
04 not change Ile slate of Its residence(if Grantor is a natural person) IE
24. AVTHGAIZATION TO DISCLOSE 1NFQRAIATJQLt: Onmerr hereby ouIltni res Beneficiary to
disclose any and/ar■1l information Beneficiary may herein connection with this Deed of Tram,the prom ita ory nate u
score and/or any OM cc ret tried dONmenl in connection wills(i)the possible sale of thesnbjett Indy/neatss,in whole
or In pan,or plan Event of Default under this Deed of Trust
30 DAA CdNO(IF DOCUM ENTS:The undersigned understands and agrees that(ABeaeflci try 2 document
reteatloe policy may Involve the imaging of es entail ken documents end'he da eadlon alb=pa per originals,and(II)
iheundersigned waives any right that fl piny harem claim that the Imaged copl mot Ma loan doewnentsare not originate.
31.VENDOR'S LIEN-AS TO TRACT The Nate hereby secured is given es it pollen chile purchase
price of dichercin dscnied real peapcny,rad this Dred ofTrua,Is In addition to the Vendors Lim retained in a Deed
ibis day igloen by JA NES SCOTT DOAK and wife,ASHLEY LYNN DOAK to GRID TEXAS HOLLEMAN, }t
LTD.,o Treat limited patcnenhlp,sawing do payment of the Indebtedness described hetoiu;and it is expressly
agreed that the same shall mol apasam es a waiver o ftix lien created my this Deed oil rust,it being agree:debit said lien
and rights crcatrd by ria Innmment shell ba cumulative and is,adalrlan to raid Vendors Lina clove mentloncd,and
fist the owner or holder of die above dexn'bed todebledness may fineelase under either or baib olszid Goa,as he or
it may dart without waiving(heather said deed above mentioned.together with Its record,bring lane referred la end
marc a part of lisle iralrumcnt
32_VENDOR'S T.TEN-AS TO TRACT T(e The Nate km*secure)is given us*portion of'Lc purchase
pricy ofthe hereto descrihed real property,utter Ha Decd athirst is is oddilioe to the Vendors Lim misdated In 11 ted
•
this day given by ZP NO,ES LTD..a Team limited pa rl nenhlp to CR1D T EICAS H OLL EMAN.LTD,a Teets
limited partnership,scoot ng the payment ofthe Indebtedrttmdncribcritic rem;and Itis expressly agreed Choi the same
shall net spade us a waiver of the luta created by this Deed of Toot it baing agmccd that sold lien and rights erected
by this insuumant ahal!be cumulative and In addition to mid Vendor's lien above meatloned,and that the owner or
holder ofthe abovedasri bed tnfebtedaesamay foecloseunderchher or hothofaahl liens,m ho or(troy clue I,without
coo iving the ether said Citi above mentioned,together wins As mord.bring hem referred to and made a part of this
innesnsent
T
i1
7
979-693-1213 p.9
Sep 05 06 11:05a
J
Dec Pt Vol Ps
80924I725 BP 7.2,7 1E0
33 $&i tiksE. CLAIMS;Orator hereby rottrses.dIsoherges end acquits forever Banelieiaty and its 1
o 11ket.dhettors trusters,agents,cm playa=ratd eounsel(in cad cosepasl,preuntor future)fromany and all Claims
existing as of the date hereof(or the date of actual execution hrreaf by Grantor,iflater).Ai used herein.the tent
"Cfalm"shalt menu coy and all Ilab11f1ies,claims,defense,demand,oaliola,causes o!ectiart.}udgments,deft clunks,
I nterrst,Ilene,casts or worews(Including coot costs,penalties,attorneys'fees and disbursements,and amounts paid
in settlement'of any kind and elarraetet whatsoever,including Claims for wary,breach of contract,breach al
commitment,negligent misrepresentation or Whim to am in good{hills.Ili each cmc whoth now knows or unknown.
suspend or unsuspected.maenad orueassertedorpthnaryoreeubr errs,endwbethermlcingaul of turbine dvartncnt,
'ariWil at ITondettakings,eeonc of can duo,ton.viol atlota allows or regulotlorrs or otherwise-To dee maximum extent
permuted by applicable low,Granrorhereby Wail=iii tights,mmedles,aloha!and defenses based upon or related to
Sections 51003,51401 and 51 005 of the Toros Properly Code,to the cxlcot them:ne pertain or may pertain to mm
enforcement of this Drat of Trust
34 OPPORTUNITY TO-Cling.DF.F4 ULT-Notwithstanding any provision In the Note,this Deed of
Trust or any other document.at lnattamcn,now or home Om caeca led In tanned oawith the Indebtedness evidenced by
the Note(collectively,rbe`Loan Doeuments'tthe existence or occurrence ol'n:y ofthc following events which would
corralwta a default cr an event of ddoull under any of the Loan Doarnents will nal be a daft h or moot of default
unlessBercCrclary hu given notice ofsemr to Granton and Orantorshwailful tocum such desalt or event ofddnuh
as hcrchmjeraet forth:
a Grantors failure to promptly pay what doe any oral all sums rimy or hereafter owing as the
indebtedness refected by this Deed otTtuet or any oft s Loan Docunraua end the erntinamioo of
star.fall arc for ten{l0)days oiler notice by Broadly/10 Grantors;or
h. Grantors fellate to perform tory of the ravmonis(other limn the comment to pay sold sums now or
hereaflcrowing on the said std ehredsess)which are contained in any of th c l aero Documenlsand du
continuation of such failure far thirty(30)dogs after notice by Beneficiary to Gronone
forth puma sea stared herein'notice'shall commence when such notice itpmarol,postage prepaid,bye-ratified
mall,return receipt rgt>tslcd,in the U S Pastil Service or official depnsAary,undx the ewe and custody of shelf S
Postal Streit c
In the even tplans)conflict between ihepruvisiotusstforth heeinregarding Grantorsrighttonoticeandase
and any otter provision in any of the Loan Document..rho provisions of this Decd of Tnar shalt groom.
35- AMP:81CANS`WMTB DiSABILJT(ESACt: °raarans shall rostradse Premhoand theeperasion
and use thoneelto comply with the Anacrieens with Disabilities Ant,and i,nArsine laws concerting accessibility for
personswitsd-eabilhieaeswellastukatmdreddmionspromulgatelsmderma:blaws Stash lows,ran anti regulations
may be referred to herein as'Accessibility Lat.s'
Greaten hereby camel°protect,{adoring fy and hold horse ken rho Denofielary ken,any and all IhbO i ry,loss
and coats the Ucneftaiary may suffer d a mull of nay cldnat,demands cr judpnents against lt by coy third-party,
Including without himlmtiva any governmental authority,alisln%from ony elstlrrinn or aesened vlobotnn of any
Accessibility Low This Indemnlfiation shaft include the costs of ten edlat action rcryutred so comply wish the
Accessibility Lowe the reasonable Dost of assessing the claim or demand sod=tenable attorney's fees expended In
defense egumat any such malas Thin Indemnity shall survive the transfer of the Premises by fored a.ure sate es deed
la lieu of fareelosom,mnmtrion,as well as thercpuyment le full of the Noe
Grantor,shall promptly pmvide Setu(clery wIth copies or all eoremanlcnefans,complaints,approvals,
concerto:,permits or agreements with any gavemmemsi authority or agency or any privmc entity"daft to dee
cornpltunec oftlic Premises and the opera lion thereof with Accessibility f awe Upon mitten moues.by Ocmlicimy.
Grotirorsohell conduct sad peavldeBertoiiciazy with retails ofappropntoe era:Wealianandassessment ofthowmpliance
oCthe Premises with Accessibility Laws and the performance of Grantors in compliance Ihrcew;tb
Beneficiary shall hone the right,but not the obligation.subsequent to any defeat t by Granton hereunder and
without in soy manna limldng Beneficiary's mho-Urn and remedies hereunder,to enter coin dee Premises on d take
zed actions Beneficiary deems necessary or advisable in eaasu the Prrmisu to comply with Aecessibi!By 1 awe All
ream anebtecoaa an d expenses paid or incurred by Beneficiary in theetercise ofsuchrlghn SNIP bepayebla bra minors
upon demand
The act of obtsioing on accenhllhy assessment sad any itupxttann conducted by Beneficiary or Its
reproenradves shall not affect,modify arena mrea waiver ofIhclight,end obligatlens of the parties hcscrbas Xtaut
In this provision and the rights and remedies of ItaeBeneficiary shall be=nutritive at'and not tinily the rights and
remedies the Beneficiary would have in the absence hereof.
Gramma erkaawkdges dot hoary be Impassible la meaner ooecrately dm damages to Beneficiary revelling
from a breech oJGrentoss'caveman ands this provision and the Beneficiary may not Wee an adequate remedy at law
for such a breach The ponies nerve.rtoerefare.lard tido cotenants shall be specifically enforceable ecoinedGrantors
8
Sep 05 06 11:05a 979-693-1213 p.10
•
Dar. 2k VoI Pe
609ND2S 06 7277 lS1
AGREEMENT BOR DINDINC ARBITRATION. Tbc parties ogres.to be bound by!be teams and
pmvislenr of Mc Arbilrallon Agreement oed/orArbitration Program of even dmtebemvtth,wklch a Incorporated
by reference herein and le acknowledged as received by the pardta pursuant to which nay nod all disputes les
defined In the ArbitmIaa Program tadior Arbitration Agreement)+hal]be resolved by mandatory banding
arbitration bison also request offany party.
EXECUTED this the 2i day ofAPRit,2000
GRID TEXAS HER LLEMAN,LTD.,a Teats Broiled',artnenhip
EIV. CORPS V CP,LLC,o Tens limited!lability company,
lbGomm{Partner
/ *Ng
WILLIAM R.MATHER,PRESIDENT
T1iESTATEOFTEXAS
COUNTY OF S-tARRIS
Lads instrtant.oswas act now/edged before maontbe ;4/ day of 2DDh.byWILLIAM
R MATIt6R,PRESIDENT of CORPS V CP,LLC,n Tens Manliest lfabllt ompsay,eating le its capacity at
General PPP=of GR70 TEXAS HOLd.EMAN,LTD.,a Teem gimped partners/sip
NOTM POO STATE OP TEXAS
'•"%hSAAYRdSE1iAFRC3
Ncar), 0No.5Tataalconvolute Fzions 054:0206
Tase
II
9
Sep 05 06 11:06a 979-693-1213 p.11
{
Oo< S1: Y0! P3 '
13092402S OR 7277 1E3 t
EXHIBIT"A"
}
TRACT G
ALL THAT CERTAIN TRACT OR PARCEL OF LAND LYING AND BEING SITUATED IN THE MORGAN
RECTOR I EAOUE,AGSTRACFN D.46,1NCOLLEGE STATION,BRAZOS COUN FY,TEXAS,BEING AI.L 01' 4II
LOT 1 IN BLOCK 3 OF POOH'S PARK RESUBDI VISION AS DESC USED BYPL.AT RECORDED IN VOLUME i
419.PAGE 39 OF THE DEED RECORDS OF BRAZOS COUNTY.TEXAS.LESSTHAT PORTION CONVEYED
TO THESTATEOFTEXAS FOR RIGHT-OF-WAV AND DESCRIBED BY COURT JUDGMENT RECO RIDE 0IN
VOLUME425 r,PAGE 134 OF THE OFFICIALPLIBLIC IUXORDS OFBRAZO S COUNTY,TLXAS AND BEING
MORE PA ETICIJ1 ARE Y DESCRIBED AS Pot 10W5:
BEOINNINO AT A 519"IRON ROD WITH A PLASTIC CAP S'TAMPED'"-KERR MILS 4502'FDLRVD IN I HE
NORTHWEST LINE OPHOL.EEMAN DRIVE AT THE COMMON CORNER DP LOTS I AND O?ThE SAID
BLOCK 3
THENCE 541.35 a 9"W-3.5PFEET ALONG TH ENORTH W EST LINE OF HELL EMAN DRIV E TO A Ill ON
ROD WITH AN ORANGE PLASTIC CAP STAMPED"HP.MAYO EPLS 5045"SET ATTHE INTERSECTION
OF THENORTH WEST LLNCOF H OL LEM AN DRIVE AND THE NORTI.1W EST LINE OF THE SAID STATE OF
TEXAS 111.108T-OF-WAY PARCEL,FROM WHICH A W IRON ROD WAS FDUNDN 53'02'37 E-5,42 FEEL
AT THE CAL I CO NORTHEAST CORNER Of THE SA IO STATE OF TEXAS PARCEL',
THEYCE E 33'or 37%V-II I,PS FEET ALONG THE N3I5 THWFST LINE DF THE SAID R1ONT-OF-WAY
PARCEL TO A 60D NAIL FOUND N PAVEMENT AT AN ANTE E POINT;
THENCES 112.'45'47-W-2419 FEET CQNTMURNG ALONOTTIENORTH WEST LINE OF THE SAFDRIGHT-
OF-WAY PARCEL.TO THE RELOCATED NORTHEAST RIOHF-0F-WAY LINE OF TEXAS AVENUE;
•
THENCE 1,149.30'36' W-5624 FEET LONG THE RF10 CAI EONORSHEASTLINE OF TEXAS AVENUE •
TO AN A NOt E POINT;
THENCE N 49'54'37-W-38.19 FEST CONTINUING ALONG THE RELOCATED NORTHEAST LING OF
TEXAS AVENUE SO THE WEST CORN EO OF THIS TR ACF IN THE NORTH WEST t MECO'THE SAID LOT
I BLOCK 3 OF POOH'S PARK;
THENCE N 39°44'SrC-133.30 F kET ALONG T1dENORTH WE'S'T'LINE OF TH E SAI D LOT I BLOCK 3 TO
SHE COMUON CORNER or LOTS I AND 2,WHICH 1S ALSO THE SOUTHEAST LINE OF WOLFPEN PLAZA
ASDESCREBED BY PLAT RECORDED IN VOLUME 338 I.PAGa+470F THEOFFICIAL PUBL IC RECORDS OF
BRAZOS COUNTY.TEXAS;
THENCE S 49'24'S1'E-13711 FEET ALONG THE LINE BETWEEN THE SAID LOTS I AND 2 70 THE
POINT OF BEGINNING AND CONTAINING 0369 ACRES OF L AND MORE 015 LESS
Med For Record fa:
9E5709 CDOHTY
Oat Aar 1612006 ei 02+13F
As a
$5 LAID,REL907909
DOC weent Heater: 0097TOTS
Mount 47 03
Rece3ak Number -259357
0,r
0t5 Parcelena
51.3IE OF TEXAS C85111 OF BR#ZES
I derail certite that tits InsEnroent uas
I1,N1 on the date and tie stern ed Wean bs it
and was dura recorded in the vole.,,ord a4te
of tie Off trial Public retards or;
CRAM CR1515Y
as skated hereon dr ce-
Aar 26,3096
110141647.11 Mai WREN,0(1019Y CLIFF
05470.5 wit
(4.
Secretary of State . Filed in the Office of the
P.O. Box 13697 Secretary of State of Texas
•ustin,TX 78711-3697 Filing #: 800623690 03/08/2006
FAX: 512/463-5709 Document#: 120034330005
Certificate of Formation j Image Generated Electronically
Filing Fee: $300
Limited Liability Company ; for Web Filing
Article 1 -Entity Name and Type
[The filing entity being formed is a limited liability company. The name of the entity is:
[Corps V GP, LLC
The name of the entity must contain the words"Limited Liability Company"or"Limited Company,"or an accepted abbreviation of such terms.The
name must not be the same as,deceptively similar to or similar to that of an existing corporate,limited liability company,or limited partnership
name on file with the secretary of state.A preliminary check for"name availability"is recommended.
Article 2—Registered Agent and Registered Office
ISA.The initial registered agent is an organization (cannot be company named above) by the name of:
Corps Ventures LLC
OR
❑B.The initial registered agent is an individual resident of the state whose name is set forth below:
C. The business address of the registered agent and the registered office address is:
Street Address:
13430 Northwest Freeway, #1000 Houston TX 77040
Article 3 -Governing Authority
riA.The limited liability company is to be managed by managers.
OR
MB.The limited liability company will not have managers. Management of the company is reserved to the members.
The names and addresses of the governing persons are set forth below:
[Managing Member 1: (Business Name) Corps Ventures LLC
Address: 13430 Northwest Freeway, #1000 Houston TX, USA 77040
Article 4-Purpose
The purpose for which the company is organized is for the transaction of any and all lawful business for which limited
liability companies may be organized under the Texas Business Organizations Code.
Supplemental Provisions/Information
[The attached addendum,if any,is incorporated herein by reference.]
Organizer
The name and address of the organizer are set forth below.
William R Mather 13430 Northwest Freeway #1000, Houston, TX 77040
Effectiveness of Filing
LSA.This is document becomes effective when the document is filed by the secretary of state.
OR
DB. This document becomes effective at a later date,which is not more than ninety(90)days from the date of its
igning. The delayed effective date is:
Execution
The undersigned signs this document subject to the penalties imposed by law for the submission of a materially false
or fraudulent instrument.
William R Mather
Signature of Organizer
FILING OFFICE COPY
4* VON
EASEMENT DEDICATION SHEET
To be filled in and submitted with construction plans and specifications for preliminary review
(Not to be used where City is purchasing property)
THIS SECTION TO BE COMPLETED BY CITY STAFF
PROCESSED BY: DEPT.
EXT.
REQUESTED BY: DEPT. EXT.
ACCOUNT NO. PROJECT NO.
(For ordering title work,appraisals,etc.)
TYPE OF EASEMENT:
X
Public Utilities(PUE) Temporary Blanket PUE Electric Only
/� ( , r(prior to� building permit) LD-1-2) r Water Only
SPECIAL INSTRUCTIONS: Re I eQ,4jQ UC PJjtr1� P� 0Y1 (A)OI' 4 a
tr q c PILE
REVIEW AND APPROVAL REQUIRED/GIVEN BY THE FOLLOWING DEPARTMENTS:
Approval Required By: Electric Approval Given By: Electric
(please initial) Water/WW (please initial) WaterM/W
Asst.City Engineer �/ Asst. City Engineer
Public Works AI&
. �Cdd Publiicc Works
METES&BOUNDS DESCRIPTION CHECKED FOR CLOSURE BY: L��O�G1%Staff—Name/Dept.)
THIS SECTION TO BE COMPLETED BY APPLICANT
PROPERTY OWNER(S): `664-c-, Eg-
'I� �I' / Qt.
�I ��
I I n (Names must be exactly as they appear on the deed)aR-� V g{, LL CL
ADDRESS: I D`1 50 O TKayE4 F-Q1A)y.PHONE (715)7( —
15)/'1, , /-Nt:fMlItElt: Ett 100 c) �
r-70
al LENDERS(Please furnish copies of all lien documents): 4-12,..A(3T $rt , 7Th' O411 1.LE. aG V e
(Names and Addresses) �(_
c uU �1ie,✓_ .6()!)b / .Ekic) (.311,-)(1 /Yr' 5
IF OWNER IS A CORPORATION, PARTNERSHIP,OR JOINT VENTURE(also see#5 below):
•
1. State of Incorporation/Registration I�14-/
2. Partners'Names(if applicable) 14 4
(---43. Person Authorized to Sign Si Aa-r-, MIL t.I A nvv . 'v 1+47`
(Name and Title)
LEGAL DEPARTMENT MUST BE PROVIDED WITH THE FOLLOWING:
7 (Please check items that are attached)
1. A copy of a recent(within 90 days)deed or title insurance policy showing the names of the grantors/owners;and
2. For unplatted property, a signed,sealed and dated metes and bounds description and a diagram of the property
showing the location,a of thecopy eaosemf theent;or
i",-3. For tted propertyplat showing the lot,block,subdivision,and recording information.
02 4. For blanket easements, a signed, sealed and dated metes and bounds description and a diagram of the
property.
P
1
1
•
EASEMENT DEDICATION SHEET
To be filled in and submitted with construction plans and specifications for preliminary review
(Not to be used where City is purchasing property)
THIS SECTION TO BE COMPLETED BY CITY STAFF
PROCESSED BY: DEPT.
EXT.
REQUESTED BY: DEPT. EXT.
ACCOUNT NO. PROJECT NO.
(For ordering title work,appraisals,etc.)
TYPE OF EASEMENT:
X
Public Utilities(PUE) Temporary Blanket PUE Electric Only
(prior to building permit) Water Only
SPECIAL INSTRUCTIONS:
REVIEW AND APPROVAL REQUIRED/GIVEN BY THE FOLLOWING DEPARTMENTS:
Approval Required By: Electric Approval Given By: Electric
(please initial) Water/WW (please initial) Water/WW
Asst.City Engineer Asst.City Engineer
Public Works Publicc Works
METES&BOUNDS DESCRIPTION CHECKED FOR CLOSURE BY: /d.44W�i�.DG( ity Staff—Name/Dept.)
THIS SECTION TO BE COMPLETED BY APPLICANT
PROPERTY OWNER(S): A - -- 1- c-1/11.41/\1
��. ^Qi ��—�
nt240 1'664-c-3 cu. vl nl - L
i f (Names must be exactly as they appear on the deed)a,� v g�
ILL
ADDRESS:EI�4-( 50 ✓0O TRW �4 VTJA 1Y.PHONE (r7,5�7 -N
Elt 100C) 5a5
kUhi '"7 •
611 LENDERS(Please furnish copies of all lien documents): 4114.4 o" '------61.14 � N: atm t Litt, 31/ey
(Names and Addresses) I
I C& L E 7 �11 ,1! c)r)Q / k1�GUTOC1 / '1'7'Jy
IF OWNER IS A CORPORATION, PARTNERSHIP,OR JOINT VENTURE(also see#5 below):
1. State of Incorporation/Registration I Eil-
2. Partners'Names(if applicable) jJ / 4
3. Person Authorized to Sign l K-7L.bt ecK,IT, \/v 1 c l.1.14nn . /V l►4-7"i-t-E-,2,
(Name and Title)
LEGAL DEPARTMENT MUST BE PROVIDED WITH THE FOLLOWING:
17 (Please check items that are attached)
7�1. A copy of a recent(within 90 days)deed or title insurance policy showing the names of the grantors/owners;and
`J/4 2. For unplatted property, a signed,sealed and dated metes and bounds description and a diagram of the property
showing the location of the easement;or
O✓3. For platted property,a copy of the plat showing the lot,block,subdivision,and recording information.
M 4. For blanket easements, a signed, sealed and dated metes and bounds description and a diagram of the
property.
i
5. Corporate or partnership owners must furnish a copy of a corporate resolution or other proof of authority to sign on
6. 9fc fi.R' 10961 tip.:. '019640 MOo receive the easement amend be responsible for getting it executed:
L7 rr J— nOt
l 12P
.• t . ' • _ ,. . • 7754-/d
Any land acquisition resulting from Capital Improvement Projects requires a meeting with the Legal Department.