Web4. Upon default by Grantor(s) in the payment of any indebtedness secured by this Deed of Trust or in the performance of any agreement contained in this Deed of Trust, all sums secured hereby shall immediately become due and payable at the option of the Beneficiary subject to any cure period provided in the note secured by this Deed of Trust. WebA Declaration of Trust is a purely personal agreement and any obligations owners have to, for example, their mortgage lender will always remain joint and several, regardless of the …
Deed of Trust - Template, Online Sample - Word and PDF
WebCalifornia mainly uses two types of deeds: the “grant deed” and the “quitclaim deed.” Most other deeds you will see, such as the common “interspousal transfer deed,” are versions of grant or quitclaim deeds customized for specific circumstances. Since the interspousal deed is so commonly requested, we are including a sample in this ... WebAn instrument that transfers legal title in real property to a trustee to hold as security for a loan made by a lender to a borrower. The borrower retains equitable title to the real property. A deed of trust typically involves three parties: The borrower (the trustor or grantor). The beneficiary (the lender). geoff bullock royal credit union
Secured Promissory Note - Template - Word & PDF
WebDEED OF TRUST DEFINITIONS Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. (A) “Security Instrument” means this document, which is dated _____, WebMay 13, 2024 · For example, Sacramento County has published a deed of trust form along with a promissory note template to refer to when drafting these legal documents. So, it … WebThe following shall be considered as default: Borrower fails to make the required payment due under the Note or this Trust Deed; Borrower fails to comply with any of the terms and conditions of the Note or this Trust Deed; Borrower gave false, misleading, or inaccurate information about the Loan to the Lender; Borrower abandons the Property; if ... chris leak independence high school