Security for Payment
Note Secured by Real Property Only
1
This note is secured by a vendor’s lien [include if applicable: and superior title] retained in a deed from [name] to Borrower dated [date] and by a deed of trust of even date from [Borrower/[name of grantor in deed of trust]] to [name of trustee], trustee, both of which cover the following real property: [property description].
Or |
2
This note is secured by a deed of trust dated [date] from [Borrower/[name of grantor in deed of trust]] to [name of trustee], trustee, which covers the following real property: [property description].
Note Secured by Both Real Property and Personal Property
3
This note is secured by a deed of trust and security agreement dated [date] from [Borrower/[name of grantor in deed of trust and security agreement]] to [name of trustee], trustee. The deed of trust contains a security agreement that covers the personal property described in the deed of trust and the following real property: [property description].
Security Interest Is Created in a Deed of Trust and a Separate Security Agreement
4
This note is secured by a deed of trust dated [date] from [Borrower/[name of grantor in deed of trust]] to [name of trustee], trustee, which covers the following real property: [property description]. This note is additionally secured by a security interest created in a security agreement that covers personal property and that is dated [date] and executed by [Borrower/[name of debtor in security agreement]] as the debtor in favor of Lender as the secured party.
Note Secured by Personal Property Only
5
This note is secured by a security interest created in a security agreement that covers [type of collateral] and that is dated [date] and executed by [Borrower/[name of debtor in security agreement]] as the debtor in favor of Lender as the secured party.