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Mississippi Commercial Deed of Trust and Security Agreement
Transfer title of a commercial property in Mississippi to a trustee, as security for a loan, with this Commercial Deed of Trust and Security Agreement.
- Under the Deed of Trust, title to the property is conveyed to a lender (as trustee) as security for the borrower's repayment of a commercial business loan.
- If the borrower defaults in payment, the balance becomes due and payable and the lener may foreclose on the property.
- The borrower is responsible for paying all taxes, assessments, liens and other charges against the property.
- The lender has the right to appoint a successor trustee at any time, at its option.
This Mississippi Commercial Deed of Trust and Security Agreement form is provided in MS Word format, and is fully editable to meet your needs.
Download: Mississippi Commercial Deed of Trust and Security Agreement
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