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MULTI-FAMILY DEED OF TRUST,
ASSIGNMENT OF RENTS, SECURITY AGREEMENT
AND FIXTURE FILING
THIS MULTI-FAMILY DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY
AGREEMENT AND FIXTURE FILING (herein “Instrument”)
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What is multi-family deed of trust?
Multi-family deed of trust is a legal document that secures a loan used to purchase a property with multiple units, such as an apartment building or duplex.
Who is required to file multi-family deed of trust?
The borrower who is obtaining the loan to purchase a multi-family property is required to file the multi-family deed of trust.
How to fill out multi-family deed of trust?
To fill out a multi-family deed of trust, one must include information about the borrower, lender, property, loan amount, terms, and signatures of all parties involved.
What is the purpose of multi-family deed of trust?
The purpose of a multi-family deed of trust is to provide security for the lender in case the borrower defaults on the loan.
What information must be reported on multi-family deed of trust?
Information such as borrower's name, lender's name, property address, loan amount, interest rate, term of the loan, and legal description of the property must be reported on a multi-family deed of trust.
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