Form 14-16

Trustee’s Deed [with Bill of Sale]

Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number.

Date:

Trustee:

Deed of Trust

Date:

Grantor:

Mortgagee:

Recording information:

Property: [Insert property description and include the following if applicable: , including all personal property secured by the security agreement included in the Deed of Trust.]

Note

Date:

Principal amount:

Borrower:

Mortgagee:

Date of Sale (first Tuesday of month):

Time of Sale:

Place of Sale:

Buyer:

Buyer’s Mailing Address:

[Amount of Sale:]

A default existed under the Deed of Trust and Mortgagee or its agent directed Trustee to enforce the trust.

Notices stating the time, place, and terms of sale of the Property were posted and filed and [include if applicable: as shown by the affidavit attached to this deed and incorporated in it by this reference] Mortgagee either personally or by agent served notice of the sale to each debtor, as required by section 51.002 of the Texas Property Code. In accordance with that stat­ute and the Deed of Trust, Trustee sold the Property to Buyer, who was the highest bidder at the public auction [include if the amount of sale is completed: , for the Amount of Sale]. The sale was made on the Date of Sale, began at the Time of Sale or not later than three hours thereafter, and was concluded by 4:00 p.m.

Trustee, subject to any prior liens, the right of rescission contained in section 51.016 of the Texas Property Code, and other exceptions to conveyance and warranty in the Deed of Trust and for the [bid price/Amount of Sale] paid by Buyer as consideration, grants, sells, and conveys the Property to Buyer, “AS IS,” together with all and singular the rights and appurte­nances thereto in any way belonging, to have and to hold it to Buyer and Buyer’s heirs, suc­cessors, and assigns forever. Trustee binds Grantor and Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Buyer and Buyer’s heirs, succes­sors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the prior liens and other exceptions to conveyance and warranty in the Deed of Trust.

Trustee has not made, and does not make, any representation, express or implied, with respect to the personal property, and the personal property is sold to Buyer “as is, where is, and with all faults.” There is no warranty relating to title, possession, quiet enjoyment, or the like in this disposition of personal prop­erty.

   
[Name of trustee]