Partial Purchase Agreement for Note and Deed of Trust | USA

Prepare a Joint Venture Agreement for a venture being set up to purchase a mortgage using this digital template for the USA.

• The parties are jointly purchasing a promissory note secured by a mortgage or deed of trust.
• Each party shall contribute a specified amount of capital, and make additional contributions as required.
• Each party is entitled to revenues in proportion to their respective interests.
• Decisions require the approval of all venturers.
• The joint venture will not maintain a bank account in its own name, but will use a mortgage servicing company to collect payments and make distributions.
• The parties appoint an attorney in fact to effect the purchase of a suitable mortgage.
• Available in MS Word format.
• Intended to be used only in the United States.

Prepare a Promissory Note for a mortgage loan to be paid in biweekly payments with this USA Multistate Fixed Rate Note template.

• This form can be used in most U.S. states.
• The borrower promises to pay the principal amount of the loan, plus interest and any late charges or loan fees that the lender is allowed to charge.
• Loan payments will be made every two weeks and will be applied first to late charges (if any), then to accrued interest, and the remainder to pay down the principal.
• If the borrower fails to make the payments on time, the lender has the right to terminate the bi-weekly payments and demand that the payments be made on a monthly basis instead.
• The Note can be used as security for a loan in connection with a mortgage, a deed of trust or a security deed.
• Available in MS Word format.

USA lenders, use this easy template form to prepare a Promissory Note Secured by Real Estate.

• The Note allows the borrower to pay the principal and interest in monthly payments until paid.
• The total loan amount can be prepaid at any time without penalty.
• The Note is secured by a Deed of Trust on real estate property owned by the borrower.
• The form is fully editable and is easy to download, fill in and print.
• Available in MS Word format.
• Intended to be used only in the United States.

Assign your interest in a Deed of Trust to another party with this downloadable Assignment of Deed of Trust and Note.

• The assignor gives representations to the assignee regarding the principal amount owing, the interest rate, and the amount of the monthly payments.
• The assignment pertains to the entire unpaid balance under the promissory note.
• This digital template can be used in any U.S. state.

Download the Assignment of Deed of Trust form immediately after purchasing it. Use it as often as you like - no additional licensing fees required.

Mortgage lenders, sell your interest in a Deed of Trust and underlying promissory note with this template Purchase Agreement.

• The buyer is purchasing the interest without recourse.
• The seller is entitled to keep any payments received under the Deed of Trust until the agreement becomes effective. These payments will be deducted from the purchase price.
• The agreement is conditioned upon the buyer obtaining adequate financing to complete the purchase.
• If the seller does not go through with the deal, the seller must pay a cancellation fee as well as the buyer's costs.
• The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation.
• The parties acknowledge that the buyer has no fiduciary obligation to the seller and is acting as an independent investor.
• The Agreement can be used throughout the United States.

To obtain the Purchase Agreement template, add it to your cart, check out and download the form.