Deed Of Trust With Promissory Note In Maricopa

State:
Multi-State
County:
Maricopa
Control #:
US-00183
Format:
Word; 
Rich Text
Instant download

Description

The Deed of Trust with Promissory Note in Maricopa is a legal document used to modify existing mortgages or deeds of trust that secures a loan. This form allows Borrowers and Co-grantors to affirm their obligations regarding the repayment of the loan while defining the terms of renewal and extension of the lien securing the debt. Key features include the acknowledgment of the existing lien, amendments to the security instrument, and clear payment terms. It establishes the responsibilities of all parties, including provisions for late payments, default notices, and the rights of transferees. Filling out the form entails inserting specific dates, amounts, and property descriptions while ensuring all parties sign and acknowledge the document appropriately, including notarization if required. The form is particularly useful for a target audience comprising attorneys, partners, owners, associates, paralegals, and legal assistants, as it streamlines the process of securing and modifying loan agreements, ensuring compliance with the necessary legal standards in Maricopa.
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  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust
  • Preview Change or Modification Agreement of Deed of Trust

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FAQ

An assignment in a deed of trust is a legal transfer of the lender's interest in the security instrument (the deed of trust) to a new party (the assignee). The assignor (current lender) transfers all rights, title, and interest in the deed of trust to the assignee, who becomes the new lender of record.

When a deed of trust is used as a security instrument, who holds the deed and the note? The trustee holds the deed, and the lender holds the note.

I REPEAT: Both parties must sign the promissory note! This means both the lender and borrower must sign the original document (plus any amended versions). Without the signatures, the promissory note has no legal leg to stand on.

Document recording fees All documents (except plats and surveys) $30.00 Plats and surveys first page $24.00 Plats and surveys additional per page $20.00 Military Discharge (per ARS 11-465) Free3 more rows

How do I get a copy of my deed? Documents recorded with the Maricopa County Recorder's Office are available and searchable through the Maricopa County Recorded Document Search. To locate a copy of your deed, search using your last name and first name.

Recording Requirements Each document must have original signatures or carbon copies of original signatures, except when otherwise provided by law. Each document must be no larger than 8 1/2 inches wide by 14 inches long, and shall have a print size no smaller than ten point type.

Documents recorded with the Maricopa County Recorder's Office are available and searchable through the Maricopa County Recorded Document Search. To locate a copy of your deed, search using your last name and first name. If you know when you recorded your document, you can use the dates to narrow your search.

General assignment of assets to a trust is a legal process in which an individual transfers ownership of their property to a trust they have established.

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Deed Of Trust With Promissory Note In Maricopa