1 / 4

Parties to a Mortgage

Parties to a Mortgage. Loan of Funds. Owner-Debtor Borrower (“Mortgagor”). Creditor-Lender (“Mortgagee”). Security Interest in Real Property. Parties to Note and Deed of Trust. Loan of Funds. Owner-Debtor Borrower ( Trustor ). Creditor- Lender (Beneficiary ).

max
Download Presentation

Parties to a Mortgage

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Parties to a Mortgage Loan of Funds Owner-Debtor Borrower (“Mortgagor”) Creditor-Lender (“Mortgagee”) Security Interest in Real Property

  2. Parties to Note and Deed of Trust Loan of Funds Owner-Debtor Borrower (Trustor) Creditor-Lender (Beneficiary) Security Interest in Real Property Legal Title Trustee Upon default, Creditor exercises rights to take property

  3. Two-Party Secured Transaction Loan or Sale of Goods on Credit Seller-Lender “Secured Party” Borrower-Debtor “Security Interest” in the Goods and/or other personal property of Debtor

  4. Three-Party Secured Transaction Sale of Goods Buyer-Debtor Seller “Security Interest” in the Goods Loan of Funds $$$ Lender-Creditor “Secured Party”

More Related