Deed of Trust Form | Free Deed of Trust Template (US)Deed of Trust. THIS DEED OF TRUST (the "Trust") dated this. March, 2. 01. 6BETWEEN: _________________________ of ________________________________________(the "Trustor"). First form that is overlooked a lot is the Certificate of Compliance. This form is signed by the applicant and just promises the ATF that the applicant is a US citizen. Our free Last Will & Testament form includes simple instructions to help you create your Will online. Protect your family and plan your Will today. TEMPLATE: DO NOT SEND TO NFA - 1 - NATIONAL FUTURES ASSOCIATION INDIVIDUAL APPLICATION Instructions for Using the Individual Application Template. Trustees of charities in England and Wales should complete and sign this form to confirm their eligibility to be a trustee. Solicitor-approved General Power of Attorney form. Includes expert guidance. Available to download now. An Executive Trustee's Guide to Mailing is a great resource to help cut frustration and stress when attempting to execute any mail-intensive process. The Wisconsin Division for Libraries and Technology's Public Library Development Team provides leadership, advocacy, assisĀtance, planning, coordination, and funding. TEMPLATE: DO NOT SEND TO NFA - 6 - NATIONAL FUTURES ASSOCIATION FIRM APPLICATION Instructions for Using the Firm Application Template or registrant. TEMPLATE REGISTER OF INTERESTS FORM Declaration of interests of immediate family: Details of business interests, company directorships and trusteeships. Customize a Deed of Trust form. Quickly print or download your deed for free. OF THE FIRST PART. AND - _________________________ of ________________________________________(the "Beneficiary"). OF THE SECOND PART. AND - _________________________ of ________________________________________(the "Trustee"). OF THE THIRD PART. Background. A. The Trustor, being registered as owner of the estate in the following described property (the "Property") located at ________________________________________ in ____________________ County, State of , United States with the following legal description: ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________. B. Any buildings or structures on the Property and anything now or later attached or fixed to the buildings or the Property including additions, alterations and improvements located on, above or below the surface of the Property are covered by this Trust. However, no additions, alterations or improvements will be made by the Trustor without the Beneficiary's prior written consent. Any addition, alteration or improvement will be subject to all recorded easements, rights of way, conditions, encumbrances and limitations, and to all applicable building and use restrictions, zoning laws and ordinances, if any, affecting the Property. IN CONSIDERATION OF the sum lent to the Trustor by the Beneficiary, in the amount of $_______________ U. S. DOLLARS (the "Principal Amount") the receipt of which the Trustor does hereby acknowledges itself indebted, the parties to this Trust agree as follows: U. C. C. Security Agreement. It is agreed that if any of the Property herein trusted is of a nature so that a security interest in the Property can be perfected under the Uniform Commercial Code, this instrument will constitute a Security Agreement and Trustor agrees to join with the Beneficiary in the execution of any financing statements and to execute any and all other instruments that will be required for the perfection or renewal of such security interest under the Uniform Commercial Code. Governing Law. This Trust will be governed by both the law of and any applicable federal law ("Applicable Law"). All rights and obligations contained in this Trust are subject to any requirements and limitations of Applicable Law. MATTERS RELATING TO PAYMENT. Promise to Pay. The Trustor, for value received, promises to pay to the Beneficiary, on demand, the Principal Amount, interest and all fees and costs on the terms set out in this Trust or in any amendment, extension or renewal of the Trust and any additional amounts secured by this Trust on the terms elsewhere provided for such debts and liabilities. Interest. The Trustor agrees to pay the Principal Amount with interest before and after maturity and before and after default at the rate of _______________ percent calculated per annum and compounding monthly, (the "Interest Rate"). The Interest Rate will be calculated from the date this Trust begins (the "Interest Adjustment Date") and accrues until the whole of the Principal Amount is paid. The Loan will be repaid on the following terms: The Principal and interest will be repaid in consecutive weekly installments of $_______________ each on the Monday of each week; The Interest Adjustment Date for this Trust is March 2. The balance, if any, of the Principal Amount and any interest thereon and any other moneys owing under this Trust will be due and payable on March 2. Maturity Date"). Place of Payment. The Trustor will make weekly payments at _____________________________________________ or at a location later specified by the Beneficiary. Funds for Escrow Items. The Trustor will pay to the Beneficiary, on the day periodic payments are due under this Trust, a sum (the "Funds") to provide for payment of (a) all taxes, assessments and other charges against the Property; (b) ground rents or other lease payments on the Property; and (c) premiums for any and all insurance required by Beneficiary. If there is a surplus of Funds held in escrow, the Beneficiary will provide the Trustor with the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, the Beneficiary will notify the Trustor as required by the RESPA, and the Trustor will pay to the Beneficiary the amount necessary to make up the shortage in accordance with the RESPA. The Trustor will notify the Beneficiary of all of amounts to be paid under this Section. At the Beneficiary's discretion, the Trustor will provide receipts of such payments to the Beneficiary. If the Trustor fails to make timely payments the Beneficiary can, at its discretion, make any payments for past due Escrow Items and the Trustor will be obligated to repay to the Beneficiary any such amount. The Beneficiary may waive the Trustor's obligation to pay for any or all Escrow items to the Beneficiary through written notice. If such waiver occurs, the Trustor is responsible to pay the amounts due for any Escrow Items. The Beneficiary can at any time revoke the waiver of any or all Escrow Item payments by written notice to the Trustor, and upon such revocation, the Trustor will pay to the Beneficiary all Funds, and in such amounts, that are then required under this Section. The Beneficiary will collect and hold the Funds in accordance with the Real Estate Settlement Procedures Act (the "RESPA"). The Beneficiary will reasonably estimate the amount of Funds due in accordance with Applicable Law. If there is a surplus of Funds held in escrow, the Beneficiary will provide the Trustor with the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, the Beneficiary will notify the Trustor as required by the RESPA, and the Trustor will pay to the Beneficiary the amount necessary to make up the shortage in accordance with the RESPA. Obligation to Pay without Set- off or Delay. The Trustor agrees to pay all amounts payable pursuant to this Trust and all additional amounts secured by this Trust without abatement, set- off or counterclaim. Should the Trustor make any claim against the Beneficiary either initially or by way of abatement, set- off or counterclaim, the Trustor agrees that any such claim will not diminish or delay his obligations to make the payments as provided in this Trust. Application of Payments and Interest after Default. All weekly payments received by the Beneficiary will first be applied in payment of the interest calculated at the Interest Rate, and second in payment of the Principal Amount. However, if the Trustor is in default, then the Beneficiary will apply any payments received during this period as the Beneficiary chooses. If the Trustor is in default in payment of any amount including interest, interest will be payable on the interest and other arrears at the Interest Rate compounded monthly. Discharge. When the Trustor pays the Principal Amount, interest and all the other amounts secured by this Trust in full and notifies the Beneficiary in writing, the Beneficiary will execute a Deed or Reconveyance and record it to clear the title to the Property. The Trustor will give the Beneficiary a reasonable time after payment in which to prepare and issue the Deed of Reconveyance. Covenants and Warranties. The Trustor warrants and agrees that: the Trustor has good title to the Property; the Trustor has the authority to trust the Property; on default, the Beneficiary will have quiet possession of the Property; the Property is free from all encumbrances; the Trustor will execute further assurance of the Property as will be required; andthe Trustor has not done any act to encumber the Property. The Trustee warrants and agrees that: Trustee will preserve the title to the Property and the validity and priority of this Trust and will forever warrant and defend the same for the Beneficiary against the claims of all persons. Fixtures and Additions. The Trustor agrees that the Property includes all property of any kind that is now or at any time in the future attached or fixed to the land or buildings or placed on and used in connection with them, as well as all alterations, additions and improvements to the buildings. Payment of Taxes and Other Encumbrances. The Trustor will pay all taxes and other rates levied on the Property and all accounts for utilities supplied to the Property and all charges, trusts, liens and other encumbrances on the Property when they are due and comply with his other obligations under them. Upon the Beneficiary's request, the Trustor will immediately give receipts showing that the taxes and other accounts have been paid. No Sale Without Consent. The Trustee will not sell, transfer, lease or otherwise dispose of all or any part of the Property or any interest in the Property, or if a corporation, permit a change in control, without the Trustor's and Beneficiary's prior written approval and if approved, without such approved purchaser, transferee or lessee entering an assumption agreement in form satisfactory to the Beneficiary. Acceptance of any payments from a purchaser, transferee or lessee or after a change in control not approved in writing, will not constitute an approval or waiver by the Beneficiary. Property Insurance. Trustor will insure in the Beneficiary's favor all buildings on the Property that are the subject of the Trust. The insurance will include protection against damage by fire and other perils including "extended peril coverage" and any other perils that the Beneficiary requests. The insurance must cover replacement costs of any buildings on the Property in US dollars. The Trustor will choose the insurance company subject to the Beneficiary's right to disapprove.
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