prepared by, and after recording return to : closing department pnc arcs llc 26901 agoura road, suite 200 calabasas hills, california 91301 attn : closing dept. arcs # : 310228785 fnma # : 851700 multifamily deed of trust, assignment of rents and security agreement and fixture filing ( texas ) 1 notice of confidentiality rights : if you are a natural person, you may remove or strike any 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. table of contents page 1. definitions 1 2. uniform commercial code security agreement 6 3. assignment of rents ; appointment of receiver ; lender in possession 7 4. assignment of leases ; leases affecting the mortgaged property 9 5. payment of indebtedness ; performance under loan documents ; prepayment premium 11 6. exculpation 11 7. deposits for taxes, insurance and other charges 12 8. collateral agreements 13 9. application of payments 13 10. compliance with laws 13 11. use of property 13 12. protection of lender's security 14 13. inspection 14 14. books and records ; financial reporting 16 15. taxes ; operating expenses 17 16. liens ; encumbrances 17 17. preservation, management and maintenance of mortgaged property 18 18. environmental hazards 24 19. property and liability insurance 25 20. condemnation 26 21. transfers of the mortgaged property or interests in borrower 29 22. events of default 30 23. remedies cumulative 31 24. forbearance 31 25. intentionally deleted 31 26. waiver of statute of limitations 31 27. waiver of marshalling 32 28. further assurances 32 29. estoppel certificate 32 30. governing law ; consent to jurisdiction and venue 32 31. notice 33 32. sale of note ; change in servicer 33 33. single asset borrower 33 34. successors and assigns bound 33 35. joint and several liability 33 36. relationshipof parties ; no third party beneficiary 33 37. severability ; amendments 34 38. construction 34 39. loan servicing 34 40. disclosure of information 34 41. no change in facts or circumstances 34 42. subrogation 35 43. acceleration ; remedies. 35 44. release. 38 45. trustee 38 46. vendor ’ s lien ; renewal and extension 39 47.