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<br />This Assignment shall not be deemed to impose upon Lender any of the Borrower's <br /> <br />obligations to develop said property in the absence of Lender's express written assumption of such <br /> <br />obligations . <br /> <br />Upon Borrower's full and final payment of the Note and any other indebtedness secured by <br /> <br />the Deed of Trust, then this Assignment shall be released by Lender, at Borrower's expense, and <br /> <br />thereafter Lender shall have no further obligation to make advances under the Note. <br /> <br />EXECUTED this the 25th day of October, 2006. <br /> <br />65 LA PORTE, LTD., a Texas limited partnership <br /> <br />By: NEHC Properties, Inc., a Texas <br />corporation, as general partner <br /> <br />By: ~~ <br />Name(~ e og' <br />Title:l;President <br /> <br />THE STATE OF TEXAS <br />COUNTY OF ;/-MJe t'J <br /> <br />s <br />s <br />s <br /> <br />This instrument was acknowledged before me on the 8~ day of jtJovemf3-e1f!J, A.D., <br />2006, by Joe Fogarty, President ofNEHC Properties, Inc., a Texas corporation, on behalf of said <br />corporation, general partner on behalf of 65 LA PORTE, LTD., a Texas limited partnership. <br /> <br />c&h1AUU~ <br /> <br /> <br />DONNAL CUFFORD <br />MY COMMISSION EXPIRES <br />January 22, 2010 <br /> <br /> <br />After recordinl! return to: <br /> <br />FIRST NATIONAL BANK <br />1817 F.M. 1960 West <br />Houston, Texas 77090 <br />Attention: Melissa M. Chappell <br /> <br />(FNB Loan No. 320000670) <br /> <br />Page 2 <br />