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Agreement to Extend Maturity Date of Deed of Trust and Increase Interest Rate

$19.99

$19.99
From:William Glover

Document Overview:

A modification is written change made to a contract. A deed of trust is a document which pledges real property to secure a loan and is used instead of a mortgage in certain states. An agreement that creates an interest in real property as security for an obligation, such as the payment of a note, and that is to cease upon the performance of the obligation, is called a mortgage. The person whose interest in the property is given as security is the mortgagor. The person who receives the security is the mortgagee (e.g., lender). 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 a bank officer or an attorney for the lender, who acts on behalf of the lender. When you sign a deed of trust, you in effect are giving a trustee title (ownership) of the property, but you hold the rights and privileges to use and live in or on the property. The trustee holds the original deed of trust for the property until you repay the loan. When the loan is fully paid, the lender (trustor) requests the trustee to return cancel the lien of the deed of trust. 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 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.
Agreement to Modify Promissory Note and Mortgage to Extend Maturity Date

$19.99

$19.99
From:William Glover

Document Overview:

An agreement modifying a loan agreement and mortgage should be signed by both parties to the transaction and recorded in the office of the register of deeds and mortgages where the original mortgage was recorded. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Mortgage Which is Subordinate to First Mortgage and Lease Agreement

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$19.99
From:William Glover

Document Overview:

Subordination means an agreement to put a debt or claim which has priority in a lower position behind another debt, particularly a new loan. A property owner with a loan secured by the property who applies for a second mortgage to make additions or repairs usually must get a subordination of the original loan so the new loan has first priority.
Mortgage Loan Purchase Agreement

$39.99

$39.99
From:California Legal Documents

Document Overview:

Mortgage Loan Purchase Agreement among originator, servicer and purchaser

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Agreement to Extend Maturity Date of Deed of Trust and Increase Interest Rate

Agreement to Modify Promissory Note and Mortgage to Extend Maturity Date

Mortgage Which is Subordinate to First Mortgage and Lease Agreement

Mortgage Loan Purchase Agreement