Edit, sign, and share Assignment of Lease and Rent from Borrower to Lender - North Carolina online. As a condition precedent to making the Loan, Lender has required that Grantor execute and deliver this Deed of Trust to Trustee for the benefit of Lender.Required elements for a document to be an insurable Deed of Trust: a. Must be in writing. b. WHEREAS, the Grantor desires to clarify and affirm the Deed of Trust. Trustor shall construct all tenant improvements in a workmanlike manner and in accordance with all applicable laws, ordinances, rules and regulations. Deeds of trust, mortgages, conditional sales contracts, assignments of leases and rents; effect of registration. A sale might result in a change in the entity (known as the "Loan. Nevertheless, subject to the terms of the Loan Documents, Lender grants to Borrower a revocable license to collect and receive the Rents. Trustee's satisfaction of deed of trust: form. (a).