Buy and download standard template Mortgage Forms for Nebraska. Convenient and easy to use.
Nebraska is a deed of trust state, and residential mortgage loans are most commonly secured by a deed of trust instead of a mortgage. Title to the property is conveyed to a third party (such as a title insurance company or an escrow agent).
If the borrower defaults, the lender can foreclose either through a non-judicial sale of the property by the trustee or through a judicial foreclosure proceeding.