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Georgia Department of Community Affairs Community HOME Investment Program DOWN PAYMENT ASSISTANCE SUBORDINATE DEED TO SECURE DEBT After recording, return to: SUBORDINATE DEED TO SECURE DEBT, RESTRICTIVE

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What is security deed?

A security deed is a legal document that pledges a property as security for a loan, often in the context of a mortgage or real estate transaction.

Who is required to file security deed?

The borrower or property owner is typically required to file a security deed with the appropriate government agency, such as the county clerk or registrar of deeds.

How to fill out security deed?

To fill out a security deed, the borrower must typically include details about the property being pledged as security, the terms of the loan, and any other relevant information required by the lender or local regulations.

What is the purpose of security deed?

The purpose of a security deed is to provide a lender with a legal interest in the borrower's property as security for a loan, reducing the lender's risk in the event of default.

What information must be reported on security deed?

Information that must be reported on a security deed typically includes details about the property, the borrower, the lender, the loan amount, and any other terms or conditions of the loan agreement.

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