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<br />101311280&. <!i"RPa,"'$J6.oo
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<br />NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL
<br />PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE
<br />FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS
<br />AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN
<br />THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR
<br />DRIVER'S LICENSE NUMBER.
<br />
<br />DEED OF TRUST
<br />
<br />THE STATE OF TEXAS ~
<br />~ Know All Men By These Presents:
<br />COUNTY OF HARRIS ~ cd~
<br />
<br />THAT, this Deed of Trust ("Deed of Trust") is effective as of--Septembe:t,;{!l
<br />2008 (the "Effective Date"), from EAST A DEVELOPMENTS, L.P., a Texas limited
<br />partnership (the "Grantor", whether one or more), to KNOX ASKINS, "TRUSTEE (the
<br />II Trustee"), for the benefit of the La Porte Economic Development Corporation, a Texas
<br />non-profit corporation (the "Beneficiary"); and
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<br />WHEREAS, Grantor has executed and delivered to Beneficiary that certain Note
<br />(as defined below) in conjunction with the execution of that certain Purchase and Sale
<br />Agreement by and between La Porte 5 Points Properties, L.P., Grantor and
<br />Bep.eficiary, dated October a. 2008 (the "PSA");
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<br />WHEREAS, Grantor and Beneficiary desire to secure payment of that Note with
<br />the Property described below;
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<br />NOW, THEREFORE, in consideration ofthe sum of $10.00, and other good and
<br />valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
<br />Grantor has GRANTED, SOLD and CONVEYED, and by these presents does GRANT,
<br />SELL and CONVEY in trust unto Trustee, and his substitutes or successors, all of the
<br />following described property (the "Property'') situated in Harris County, Texas:
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<br />All of Lots 6, 7, 8, 9, 10, and the West fifty-six and four tenths (56.4) feet
<br />of Lots 11, 12 and 13, in Block One Hundred Ninety-Eight (198) of TOWN
<br />OF LA PORTE, an addition in Harris County, Texas, according to the
<br />map or plat thereof recorded in Volume 8, Page 16 of the Map Records of
<br />Harris County, Texas.
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<br />TO HAVE AND TO HOLD the Property in trust unto Trustee, his successors in
<br />this trust and his assigns, forever, and Grantor does hereby" bind Grantor, his
<br />respective heirs,legal representatives, successors and assigns, to warrant and defend
<br />the Property to Trustee, his successors and assigns, forever, against the claim or
<br />claims, of all persons whomsoever claiming or to claim the same or any part thereof,
<br />ugh or under Grantor, but not otherwise, subject to the ~~.ng ,e~~tions:
<br />E:XHIBIT OFt: C/ L@cr )~}-
<br />1:1 Page 1 21-A/RICHARD CROW '
<br />~ ST~,T TITLE COMPANY
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