A pattern question... thanks!

Hello,

This is a pattern for a small knit hobo purse that I am having trouble with…

[B]Row 1 (RS):[/B] Work row 1 of Texture Stitch patt over 12 sts, sm, inc 1, k11, m1, sm, work row 1 of Texture Stitch patt over 12 sts. Continue to work first and last 12 sts in texture patt, keeping stitches between markers in St st. At the same time, increase 1 st after the first stitch marker and before the second stitch marker on every RS until there are 48 sts (24 sts St st in the center).***
Increase 2 sts in the center on every sixth row once more (50 Sts). Work four rows even. End on WS. Place stitches on stitch holder.

***I got to here in the pattern, but am not sure what to do next - how many more rows are left in the pattern? Do I start increasing by 2 stitches in the next row or not for six more? And what does the 50 sts refer to? I am really stumped on this one… just not sure how to proceed in general. Any help would be much appreciated!

Here is the Texture Stitch pattern in case it helps:
[B]Rows 1 and 3 (RS):[/B] Knit
[B]Row 2 (WS):[/B] *(P2tog, K2tog) in the next two sts, drop both sts from left hand needle; rep from * across.
[B]Row 4:[/B] P1, rep from * of row 2 to last st, p1.
Repeat rows 1-4 for Texture Stitch patt.

[B]Row 1 (RS):[/B] Work row 1 of Texture Stitch patt over 12 sts, sm, inc 1, k11, m1, sm, work row 1 of Texture Stitch patt over 12 sts. Continue to work first and last 12 sts in texture patt, keeping stitches between markers in St st. At the same time, increase 1 st after the first stitch marker and before the second stitch marker on every RS until there are 48 sts (24 sts St st in the center).***
[COLOR=Red]If you are here, you should have 48 stitches on your needle with 24 of your stitches between your markers[/COLOR]

Increase 2 sts in the center on every sixth row once more (50 Sts). [COLOR=Red]This means knit 6 more rows and increase your two stitches in the center on your 6th row. That will give you 50 stitches on your needle.
[/COLOR]
Work four rows even. [COLOR=Red]Work 4 more rows without any increases.[/COLOR] End on WS. [COLOR=Red]Your last row will be a WS row[/COLOR] Place stitches on stitch holder.

***I got to here in the pattern, but am not sure what to do next - how many more rows are left in the pattern? Do I start increasing by 2 stitches in the next row or not for six more? And what does the 50 sts refer to? I am really stumped on this one… just not sure how to proceed in general. Any help would be much appreciated!

Here is the Texture Stitch pattern in case it helps:
[B]Rows 1 and 3 (RS):[/B] Knit
[B]Row 2 (WS):[/B] *(P2tog, K2tog) in the next two sts, drop both sts from left hand needle; rep from * across.
[B]Row 4:[/B] P1, rep from * of row 2 to last st, p1.
Repeat rows 1-4 for Texture Stitch patt.[/quote]

Thanks so much for your help!