Mississippi Commercial Deed of Trust and Security Agreement
Use a commercial property as security for a loan with this Deed of Trust and Security Agreement for Mississippi.
- Title to the property is transferred to the lender who will act as trustee and hold the title as security for the borrower's repayment of a commercial business loan.
- If the borrower defaults in making its loan payments, the entire balance immediately becomes due and payable and the lender may foreclose on the property.
- The borrower is responsible for paying all taxes, assessments, liens and other charges against the property.
- This is a customizable legal form that is easy to use and can be re-used as often as you like.
If you make business loans in Mississippi, you need a copy of the Commercial Deed of Trust and Security Agreement. Buy and download it for your document library.
Last Updated: 14-April-2016