security instrument

security instrument

A generic name for something that gives a creditor rights in property for the protection of a debt from the borrower.It may include a security agreement for personal property, or a mortgage or a deed of trust on real property.
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When MERS appears in uniform security instruments, MERS is formally designated as the mortgagee (or "grantee" or "beneficiary," depending on whether state law recognizes a mortgage, security deed or deed of trust as the security instrument), as nominee for the original lender and the lender's successors and assigns.
Kevin Hardin of EquiDebt Solutions joined the show to provide real estate investors with an overview of the patented HEFI security instrument.
By examining current and projected global energy and security environments, the energy roles of various branches of the federal government, and the unique responsibilities and characteristics of the DoD as America's largest single energy consumer and security instrument of national power, the author analyzes whether a methodology exists in which the DoD can lead an immediate, coherent, and viable long-term strategy toward a vision of replacing petroleum as its primary energy source while maintaining all necessary strategic and operational capability to guarantee US security to 2050 and beyond.
For instance, a closing attorney's decision as to whether to entitle the security instrument a mortgage, deed of trust or deed to secure debt would be determined by the state in which the security instrument is to be filed.
LT Food Security instrument to reduce setup time, diminish user handling and provide greater ease of use.
Even the smallest error, which would have been well within statistical tolerances in other IT projects--such as a misspelled name or a variation on a name in an index--can make the security instrument impossible to locate or render it ineffectual in establishing an accurate chain of title.
Mortgage Conduits: Real estate mortgage investment conduits are a security instrument used to combine commercial real estate loans into larger mortgage pools for sale in the secondary market.
Typically all of the other key loan documents, such as the security instrument, the settlement statement and the Good Faith Estimate (GFE), are on paper.
Faber signed the affidavit stating that Ecovery had not transferred good title to mining claims because of an outstanding deed to a so called third party who was a member of this board, the Company held the original unrecorded deed and the board member knew it was a security instrument only for a payment long since made.
The mortgage process (electronic or traditional) creates two key documents: the note (the mortgage note, a negotiable and transferable instrument serving as evidence of debt and a promise to pay) and the security instrument (the deed of trust or mortgage, depending on the state, pledging the real estate as collateral for the loan).
The result will JRSEU contractual security instrument transformers VVN with selected candidates.
The short-form mortgage can be one-quarter the length of the current security instrument form.

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