Trustee's Deed Sample Clauses
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Trustee's Deed. When the record shows that a deed is conveyed to a person as "▇▇▇▇ ▇▇▇ as Trustee,” and no further information is given in the deed concerning the trust or beneficiary, some states allow the examiner to treat the conveyance as though it was to the person named in the deed as individual. In these states, title may be passed through or taken from the grantee of said deed (and spouse, if state law requires spousal joinder in a deed from an individual) without further inquiry.
Trustee's Deed. Seller agrees to convey the real estate and improvements being sold to Buyer by trustee’s deed free and clear of all liens and encumbrances, except utility and other easements, highways and restrictions of record.
Trustee's Deed. Trustee shall deliver to the purchaser a Trustee’s deed and such other assignments and documents of transfer and sale as Trustee may deem necessary conveying the Property so sold in fee simple with covenants of general warranty. Grantor covenants and agrees to defend generally the purchaser’s title to the Property against all claims and demands. At any such sale (a) Grantor hereby agrees, in its behalf and in behalf of G▇▇▇▇▇▇’s heirs, executors, administrators, successors, personal representatives and assigns, that any and all recitals made in any deed of conveyance given by Trustee with respect to the identity of Beneficiary, the occurrence or existence of any default, the acceleration of the maturity of any of the Indebtedness, the request to sell, the notice of sale, the giving of notice to all persons legally entitled thereto, the time, the place, terms and manner of sale, and receipt, distribution and application of the money realized therefrom, or the due and proper appointment of a substitute Trustee, and, without being limited by the foregoing, with respect to any other act or thing having been duly done by Beneficiary or by Trustee hereunder, shall be taken by all courts of law and equity as prima facie evidence that the statements or recitals state facts and are without further question to be so accepted, and Grantor hereby ratifies and confirms every act that Trustee or any substitute Trustee hereunder may lawfully do in the premises by virtue hereof, and (b) the purchaser may disaffirm any easement granted, subdivision plat filed, or rental, lease or other contract made in violation of any provision or this Deed of Trust, and may take immediate possession of the Property free from, and despite the terms of, such grant of easement, subdivision plat, or rental, lease or other contract.
Trustee's Deed. Trustee shall deliver to the purchaser Trustee's deed conveying the Property so sold without any covenant or warranty, expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all reasonable costs and expenses of the sale, including, but not limited to, reasonable Trustee and attorney fees and costs of title evidence; (b) to all sums secured by the Prior Lien; (
Trustee's Deed. (Individual) (Freeway)
Trustee's Deed. Trustee shall deliver to the purchaser a Trustee's deed and such other assignments and documents of transfer and sale as Trustee may deem necessary conveying the Mortgaged Property so sold in fee simple with covenants of general warranty. Grantor covenants and agrees to defend generally the purchaser's title to the Mortgaged Property against all claims and demands.
Trustee's Deed. (Corporation) (Freeway)
Trustee's Deed. Where conveyance is to be made from a trustee under an inter vivos trust and trustee is court appointed: Conveyance is to be made by , as trustee under the trust of . Obtain and record the following instruments:
1. Certified copy of order of appropriate state court appointing trustee;
2. Certified copy of order authorizing sale;
3. Certified copy of order confirming sale and directing delivery of the deed; and
Trustee's Deed. Where conveyance is to be made by trustee under inter vivos trust and trustee is appointed by trust document and power of sale is also established by trust document: Conveyance is to be made by , as trustee under the
1. Trust instrument containing power of sale; and
Trustee's Deed. ▇▇▇▇▇▇ agrees to convey marketable title to the above described real estate to Buyer, at closing, by trustee's deed in the manner and form requested by the Buyer, excepting only easements and restrictions of record not affecting the merchantability of title, except: