Put all the collateral and debt in a single deed of trust or mortgage. This would seem to be a simple, efficient and logical rule.The Lien includes all existing and future improvements, easements, and rights in the Property. Future advance clauses are customarily included in Texas deeds of trust (and other Texas security instruments). See the FNMAJFHLMC Texas Multifamily Deed of Trust form. A Texas limited liability company (hereinafter referred to as "Grantor"), whose mailing address is 2909 Hillcroft, Suite 420, Houston, Texas 77057, State of Washington. "First Lien Obligations Termination Date" has the meaning assigned to such term in the. Collateral Agreement.