WebThis form is a deed of trust modification. It is to be entered into by a borrower, co-grantor, and the lender. The agreement modifies the mortgage or deed of trust to secure a debt described within the agreement. Other provisions include: renewal and extension of the lien, co-grantor liability, and note payment terms. ... Webreconstructing the property and its improvements for use as Grantor’s principal residence in accordance with the Note and this Deed of Trust. If Grantor fails to pay any part of principal on the property when it becomes payable or is in default, the debt secured by this Deed of Trust shall become payable at the option of Beneficiary.
What Is A Deed Of Trust - US Legal Forms
Web2 days ago · • an officer of the grantor of a security interest ... pursuant to a duly constituted and subsisting Deed of Trust dated or *as duly appointed Trustee of the Estate of to … WebJan 6, 2012 · The Grantor, the Trustee and the Collateral Agent are parties to an Amended and Restated Credit Line Deed of Trust dated as of November 4, 2009, from the Grantor to the Trustee, recorded on November 4, 2009, in the Clerk’s Office of the Circuit Court of Frederick County, Virginia, as Instrument No. 090012178, and recorded on November 4, … chipboard what is it
Grantor Definition & Meaning Merriam-Webster Legal
WebJan 31, 2024 · There are three parties to a deed of trust: grantor, grantee and the trustee. The grantor is the person who is giving away the title or interest in the real property – … WebOct 24, 2024 · This type of deed transfers the legal rights to a property, if any exist, that the grantor — the person transferring the stake — has, but without any representation, warranty or guarantee. WebMay 17, 2024 · Essentially, the deed of trust is an agreement between three parties: the grantor, the beneficiary, and the trustee. The grantor (borrower) grants an interest in their property to the beneficiary (lender) and the trustee. This interest is a lien on the property which allows the lender to foreclose on the property in the event the borrower ... grantham to buckminster bus