Deed Of Trust Modification With Wells Fargo In Washington

• Category: Real Estate - Mortgages and Deeds of Trust
• State: Multi-State
• Control #: US-00183
• Format: Word; Rich Text

Description

The Deed of Trust Modification with Wells Fargo in Washington serves as a legal document for modifying existing mortgage or deed of trust agreements. It outlines the commitment between the borrower, co-grantor, and lender concerning alterations to the terms of the original Security Instrument, ensuring that the loan remains secured against the property in question. Key features include provisions for the renewal and extension of the lien, amendments to the original security agreement, and details related to payment obligations, including interest rates and payment schedules. Filling this form requires users to enter specific details such as loan amounts, payment terms, and relevant dates. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions or managing clients' mortgage modifications. Clear guidelines ensure that all parties understand their obligations and rights, including co-grantors who retain a non-binding interest. This document ultimately facilitates clearer terms for debt repayment and secures interests in real property.