Commercial Deed of Trust and Security Agreement (Mississippi)
Price $25.00
Document Id : 8928
Transfer title of a commercial property in Mississippi to a trustee, as security for a loan, with this Commercial Deed of Trust and Security Agreement.
- Under the Deed of Trust, title to the property is conveyed to a lender (as trustee) as security for the borrower's repayment of a commercial business loan.
- If the borrower defaults in payment, the balance becomes due and payable and the lener may foreclose on the property.
- The borrower is responsible for paying all taxes, assessments, liens and other charges against the property.
- The lender has the right to appoint a successor trustee at any time, at its option.
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Mississippi Commercial Deed of Trust and Security Agreement form is provided in MS Word format, and is fully editable to meet your needs.
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