Trustor shall construct all tenant improvements in a workmanlike manner and in accordance with all applicable laws, ordinances, rules and regulations. A Texas Deed of Trust creates a lien on property to secure a Promissory Note.These are two documents needed for real estate loans and seller financing. THIS MULTI-FAMILY DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY. AGREEMENT AND FIXTURE FILING (herein "Instrument") is made this _____ day of ______,. 1. Enter the date of signing in the designated area. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument,. A legal document that gives a mortgage lender right to any future profits that may come from leases and rents when a property owner defaults on their loan. Generally, absent a clause limiting assignments, a deed of trust is assignable. 1. Identify and fill in the names and addresses of the Trustor, Trustee, and Beneficiary.