Trustor definition

Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

Trustor has the meaning specified in the first sentence of this Agreement.

Trustor means an individual who creates an inter vivos or a testamentary trust.

Examples of Trustor in a sentence

• No confirmation, authorization, approval or other action by Trustor shall be required in connection with any resignation or other replacement of Trustee.

• This power of attorney shall be deemed to be coupled with an interest and shall survive any disability of Trustor.

• To the extent that this Deed of Trust requires Trustor to indemnify Beneficiary or reimburse Beneficiary for any expenditures Beneficiary may incur, Trustee shall be entitled to the same indemnity and the same rights to reimbursement of expenses as Beneficiary, subject to such limitations and conditions as would apply in the case of Beneficiary.

• Trustor has executed this Deed of Trust as of the day and year first above written.

• Trustor waives any defense based on laches or any applicable statute of limitations.

More Definitions of Trustor

Trustor means the institution designated as such in the Trust Agreement and its permitted successors.

Trustor means a person, including a testator, who creates, or contributes property to, a trust.

Trustor means (i) with respect to the First Trust Agreement, VWFSJ and (ii) with respect to the Second Trust Agreement, MHSC.

Trustor has the meaning specified in the Trust Agreement.

Trustor means a person, including a testator, who creates,

Trustor or “Participant” means a person who participates in the Fund under a Trust Agreement.

Trustor means the person conveying real property by a trust deed as security for the performance of an obligation.