|
<br />~1
<br />i
<br />
<br />~j
<br />~~
<br />~
<br />Q
<br />l
<br />Q:l
<br />r~
<br />I
<br />=
<br />,m
<br />~
<br />~.~
<br />mil
<br />
<br />t '.
<br />
<br />20080542456
<br />10/31/2008<, RP3" $.36.00
<br />
<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 ~ tJv!~
<br />
<br />THAT, this Deed of Trust ("Deed of Trust") is effective as of...se1Jtember 2
<br />2008 (the "Effective Date"), from EAST A DEVELOPMENTS, L.P., a Texas limited ,A)
<br />partnership (the "Grantor", whether one or more), to KNOX ASKINS, TRUSTEE (the ~,. A' ~
<br />"Trustee"), for the benefit of the La Porte Economic Development Corporation, a Texas ~
<br />non-profit corporation (the "Beneficiary"); and
<br />
<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 />Beneficiary, dated October:fL, 2008 (the "PSA");
<br />
<br />WHEREAS, Grantor and Beneficiary desire to secure payment ofthat Note with
<br />the Property described below;
<br />
<br />NOW, THEREFORE, in consideration of the 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:
<br />
<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.
<br />
<br />p
<br />
<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 />.... through or under Grantor, but not otherwise, subject to the follQ}Ying excepti<2lli':
<br />EXHIBIT CFt: CJ //oJ7S )-
<br />!l Page 1 21-A/RICHARD CROW
<br />i 'B STEWART TITLE COMPANY
<br />
|