Mesa Arizona Agreement to Change or Modify Interest Rate, Maturity Date, and Payment Schedule of Promissory Note Secured by a Deed of Trust

State:
Multi-State
City:
Mesa
Control #:
US-01370BG
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Description

A deed of trust is a document which pledges real property to secure a loan, used instead of a mortgage in certain states. A deed of trust involves a third party called a trustee, usually an attorney of officer of the lender, who acts on behalf of the lender. When you sign a deed of trust, you in effect are giving a trustee title to the property, but you hold the rights and privileges to use and live in or on the property. If the loan becomes delinquent the beneficiary can file a notice of default and, if the loan is not brought current, can demand that the trustee begin foreclosure on the property so that the beneficiary (lender) may either be paid or obtain title. Unlike a mortgage, a deed of trust also gives the trustee the right to foreclose on your property without taking you to court first.


An agreement modifying a promissory note and deed of trust should be signed by both parties to the transaction and recorded in the office of the register of deeds and mortgages where the original deed of trust was recorded.

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  • Preview Agreement to Change or Modify Interest Rate, Maturity Date, and Payment Schedule of Promissory Note Secured by a Deed of Trust
  • Preview Agreement to Change or Modify Interest Rate, Maturity Date, and Payment Schedule of Promissory Note Secured by a Deed of Trust
  • Preview Agreement to Change or Modify Interest Rate, Maturity Date, and Payment Schedule of Promissory Note Secured by a Deed of Trust

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Mesa (/?me?s?/ MAY-s?) is a city in Maricopa County, Arizona, United States. It is the third-most populous city in Arizona, after Phoenix and Tucson, the 36th-most populous city in the U.S., and the most populous city that is not a county seat.

Mesas are formed by erosion, when water washes smaller and softer types of rocks away from the top of a hill. The strong, durable rock that remains on top of a mesa is called caprock. A mesa is usually wider than it is tall. Mesas are usually found in dry regions where rock layers are horizontal.

Best Suburbs Near Phoenix, Arizona Chandler. Population: 257,165. Median Home Value: $285,000. Paradise Valley. Population: 14,502. ... Scottsdale. Population: 255,310. ... Gilbert. Population: 248,279. ... Mesa. Population: 518,012. ... Fountain Hills. Population: 24,987. ... Peoria. Population: 172,259. ... Goodyear. Population: 82,835. ...

The city of Mesa Arizona is located about 20 miles east of Phoenix Arizona. Mesa Arizona is one of the larger suburbs of Phoenix.

Mesa, (Spanish: ?table?), flat-topped tableland with one or more steep sides, common in the Colorado Plateau regions of the United States; a butte is similar but smaller.

Mesas are isolated, broad flat-topped mountains with at least one steep side. Mesas are abundant in the southwestern states of Colorado, New Mexico, Utah, and Arizona. Buttes are smaller flat topped mountains or hills with steep slopes on all sides.

Mesa, city, Maricopa county, south-central Arizona, U.S. The name is Spanish for ?tabletop? or ?tableland.? A southeastern suburb of Phoenix, the site was settled and founded in 1878 by Mormons who used ancient Hohokam canals for irrigation.

The core part of the Phoenix Metropolitan Area is the Phoenix?Mesa, Arizona Urban Area, which is far smaller than the Metropolitan Statistical Area.

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Mesa Arizona Agreement to Change or Modify Interest Rate, Maturity Date, and Payment Schedule of Promissory Note Secured by a Deed of Trust