Deed Of Trust Records With Future Advance Clause In Santa Clara

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

Description

The Deed of Trust records with future advance clause in Santa Clara is a legal instrument designed to modify existing mortgage agreements, securing future advances to borrowers. This Modification Agreement allows lenders to extend the lien of the deed of trust, ensuring the debt remains valid and enforceable until fully paid. Key features include renewal of the lien, amendment of the original security instrument, and co-grantor liability provisions. The agreement outlines payment terms, including interest rates, late charges, and the borrower's right to prepay the loan without penalties. It also addresses the obligations of all parties involved and the consequences of default. This form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for managing loan modifications and securing additional financing. The detailed structure is user-friendly, facilitating the completion process for individuals with varying levels of legal experience.
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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

The short answer is that a living trust is a private document and does not need to be recorded in California. The only time a trust is in a public record is when it contains real estate.

Power of Sale Clause A power of sale provision is a significant element of a deed of trust, as it states the conditions when a trustee can sell the property on behalf of the beneficiary. Typically, this predicts when you will be delinquent on your mortgage.

Facilities for researching official records and maps are available at the Santa Clara County Clerk-Recorder's office main office. Note that document contents may only be viewed at the main office, not on-line.

In California, there are several ways to record real estate documents: In-person submission. Under this option, a person or his messenger service may visit the county recorder's office to submit the recording over the counter. Mail-in recording. Use of a title company or attorney courier service.

Record the Signed Documents at the County Recorder's Office Take the original signed and notarized Deed of Trust and Promissory Note to the County Recorder's Office for the county where the property is located. In Sacramento, this is at 3636 American River Drive, Ste. 110, Sacramento CA 95864.

Property ownership information can be requested from the County Registrar-Recorder/County Clerk. For more information, please visit their website to Request a Real Estate Record.

Let's get started are Grant Deeds public records Grant Deeds are indeed public records They areMoreLet's get started are Grant Deeds public records Grant Deeds are indeed public records They are legal documents used to transfer ownership of real estate from one party to another.

How to request public records. Public records can be requested in writing, via the mail, email, fax, phone or in-person. We recommend putting your request in writing to avoid confusion and to make certain that you obtain the records you want.

It might seem like a long time. But remember good things come to those who wait. The first step isMoreIt might seem like a long time. But remember good things come to those who wait. The first step is to prepare the deed. This involves drafting the document. Getting it notarized.

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Deed Of Trust Records With Future Advance Clause In Santa Clara