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Tip: Deed of Trust / Mortgage

Deed of Trust quick introduction:
The deed of trust documents the loan amount and basic information about the borrower and the lender as well as when the loan matures.

The Deed of Trust contains:
The loan amount
The name and address of the lender
Who the borrowers are
The location and description of the property
When the loan matures (is over)
Who the trustors and trustees are
It states that the loan is secured by the property
It often contains an exhibit A which is a property description.

The Deed of trust is often initialed on every page.
The Deed of trust is also referred to as the Mortgage in many states.

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