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07-28-11 Zoning Board of Adjustment
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07-28-11 Zoning Board of Adjustment
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8/22/2011 3:53:08 PM
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La Porte TX
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Agenda PACKETS
Date
7/28/2011
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6. Grantor assigns to Beneficiary all sums payable to or received by Grantor from condemnation O f <br />all or part of the property, ftorn private sale *in lieu of condemnation, and from damages caused by Public <br />Avorks or construction on or near the property. After deducting any expenses incurred, including attorney's <br />(ees, Beneficiary may release any remaining sums to Grantor or apply such sums to reduce the Note. <br />Mizirieficiary shall not be liable for failure to collect or to exercise diligence in collecting any suo sums. <br />1 1. This Deed of Trust shall bind, inure to the benefit of, and be exercised by successors in interest <br />of all parties. <br />Mr III 11111111 � <br />13. In the event of any sale, either j udicial or voluntary, • the property above described or any part <br />thereof, the Beneficiary shall have the right, at Beneficiary's option, to declare the entire indebtedness <br />hereby secured due and payable immediately. In the alternative, Beneficiary may allow the purchasers to <br />assume and become personally liable for the payment of the indebtedness secured by this Deed of Trust. <br />Deed of TruBt <br />Page 5 <br />
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