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STATE OF NORTH CAROLINA AGREEMENT TO MODIFY AND CORRECT DEED OF TRUST COUNTY OF ___THIS AGREEMENT TO MODIFY AND CORRECT DEED OF TRUST (Agreement) is made this the ___ day of ___, 200__, by ___, (Bank),
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How to fill out this deed of trust

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How to fill out this deed of trust

01
Gather all necessary information such as names of parties involved, property description, and loan details.
02
Fill out the date and location of the deed of trust at the top of the document.
03
Identify the grantor (borrower) and grantee (lender) and include their names and contact information.
04
Describe the property being used as collateral for the loan in detail.
05
Specify the terms of the loan including the amount borrowed, interest rate, and repayment schedule.
06
Sign and notarize the deed of trust to make it legally binding.

Who needs this deed of trust?

01
Homebuyers who are taking out a mortgage loan to purchase a property.
02
Lenders who want to secure their investment in a real estate transaction.

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A deed of trust is a legal document that secures a loan by transferring the title of a property to a third party, known as a trustee, until the loan is paid off.
The borrower, also known as the trustor, is required to file the deed of trust, usually after entering into a loan agreement with the lender.
To fill out a deed of trust, you typically need to provide information such as the names of the parties involved, property description, loan amount, interest rate, and the terms of the agreement.
The purpose of a deed of trust is to protect the lender's interest in the property until the borrower fulfills the loan obligations.
The information that must be reported includes the names of the trustor, beneficiary, and trustee, the loan amount, the property address, and any specific terms of the loan.
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