This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.
Utah Release and Cancellation of Trust Agreement - Trust Indenture
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Utah Deed of Trust and Promissory Note Information A deed of trust (DOT), is a document that conveys title to real property to a trustee as security for a loan until the Trustor/borrower repays the Beneficiary/lender according to terms defined in an attached promissory note.
What Is an Indenture? Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Traditionally, these documents featured indented sides or perforated edges.
1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.
A deed of trust, like a mortgage, pledges real property to secure a loan. This document is used instead of a mortgage in some states. While a mortgage involves two parties, a deed of trust involves three: the trustor (the borrower)
In financed real estate transactions, trust deeds transfer the legal title of a property to a third partysuch as a bank, escrow company, or title companyto hold until the borrower repays their debt to the lender. Investing in trust deeds can provide a high-yielding income stream.
Bond indenture (also trust indenture or deed of trust) is a legal document issued to lenders and describes key terms such as the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, and other terms of the bond offering.
An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants.
The agreement entered into by the issuer, and the trustee is referred to as the trust indenture. A trust indenture is a legal and binding contract that is created to protect the interests of bondholders.
A trust indenture is a contract entered into by a bond issuer and an independent trustee to protect the interests of bondholders. The SEC must approve this document. The trust indenture highlights the terms and conditions that the issuer, lender, and trustee must adhere to during the life of the bond.
The bond indenture (aka trust indenture, deed of trust) is a legal contract between the issuer and the trustee that specifies the scope and the responsibilities of the borrower, the trustee, and the lender, and the characteristics of the bond, such as the maturity date, and the coupon rate.