Fill and Sign the Change Deed Trust Form

Prepared by: Return to:                                     State of Mississippi County of ____________ ____________ Judicial District MODIFICATION OF DEED OF TRUST Name and Address of Grantor/Beneficiary: Name and Address of Trustee:                                     Name and Address of Secured Party/Beneficiary:                   See Legal Description Attached as Exhibit A Indexing Instructions:       THIS MODIFICATION OF DEED OF TRUST is made and entered into effective the ______ day of __________________ , 20 ______ , by and between ________________________ , a ____________________________________ (hereinafter referred to as "Trustor"), and ______________________________ , a ______________________________ (hereinafter referred to as "Beneficiary"). W I T N E SS E T H: WHEREAS , in connection with Loan No. __________________ from ______________________________ to ______________________________ , a ________________________ , ______________________________ did execute a Promissory Note ("Note") in favor of Payee dated __________________ , ______ , in the principal amount of ____________________________________ ($ __________________ ), which Note bears interest at the rate of __________________ ( ______ %) per annum; and Modification of Deed of Trust Page 1 of 5 WHEREAS , said Note is secured in part by that certain Deed of Trust and Security Agreement ("Deed of Trust") by and between ______________________________ and Beneficiary, dated __________________ , ______ , and filed of record in Book ______ at page ______ and re - recorded in Book ______ at page ______ of the Deed of Trust Records of the Chancery Clerk of __________________ County, Mississippi, which Deed of Trust now covers the real property described in __________________ attached hereto and made a part hereof; and WHEREAS , ______________________________ is now the sole owner of said real property and therefore the sole remaining maker pursuant to said Note, and sole remaining Trustor pursuant to said Deed of Trust; and WHEREAS , ______________________________ executed a Modification of Note and Deed of Trust effective as of __________________ , ______ , which Modification is recorded in the office of the Chancery Clerk of __________________ County, Mississippi, in Book ______ at page ______ thereof of the records of mortgages and deeds of trust on land; and WHEREAS , ________________________ and ________________________ have agreed that said Deed of Trust be further modified as hereinafter set forth; NOW, THEREFORE , for and in consideration of the mutual covenants and promises of the parties herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Trustor and Beneficiary hereby covenant and agree as follows: The Deed of Trust is hereby modified, and it is hereby agreed that: change of property description ________________________ does hereby convey in trust to the Trustee of said Deed of Trust as modified the following-described easements and property rights recorded as hereinafter set forth in the office of the Chancery Clerk of ____________ County, Mississippi, to secure the payment of the indebtedness described in said Note and Deed of Trust as modified and the performance of the covenants and agreements as set forth in said Note and Deed of Trust as modified, to - wit: ______________________________ dated ____________ , ______ and recorded in Book ______ at page ______ , as amended by Amendment No. ______ to the ________________________ Agreement dated __________________ , ______ and recorded in Book ______ at page ______ ; further amended by Amendment No. ______ to the ______________________________ dated ____________ , ______ and recorded in Book ______ at page ______ , said ______________________________ having been amended and restated by agreement dated __________________ , ______ and recorded in Book ______ at page ______ ; Water Line Easement from ________________________ to ______________________________ dated ____________ , ______ and recorded in Book ______ at page ______ , corrected in Book ______ at page ______ ; Sanitary Sewer Easement from __________________ to __________________ and __________________ , dated ____________ , ______ and recorded in Book ______ at page ______ and corrected in Book ______ at page ______ and in Book ______ at page ______ ; Temporary Utility Easement to ________________________ dated __________________ , ______ , filed ____________ , ______ and recorded in Book ______ at page ______ and corrected in Book ______ at page ______ ; Modification of Deed of Trust Page 2 of 5 Access, Utility, and Landscape Easement by ______________________________ to ______________________________ recorded in Book ______ at page ______ ; Amended Utilities, Landscaping and Access Easement from ______________________________ recorded in Book ______ at page ______ ; Amendment to ______________________________ dated __________________ , ______ and recorded in Book ______ at page ______ ; and This Modification is in no manner to be considered or construed as a novation of the indebtedness evidenced by said Note, and all terms and conditions of said Note and Deed of Trust as modified except as specifically modified herein, shall remain in full force and effect. This agreement shall be binding upon, and inure to the benefit of, the respective successors and assigns of the parties hereto. All of the stipulations, provisions, conditions, and covenants of said Note and Deed of Trust as modified shall remain in full force and effect, except as specifically modified herein, and nothing herein contained shall be construed to impair the security or first lien of Beneficiary, nor to affect or impair any rights or powers which Beneficiary may have under the said Note and Deed of Trust as modified for non-fulfillment of any of the terms of said Note and Deed of Trust as modified. IN WITNESS WHEREOF, the parties hereto have executed this Modification effective the day and year first above written.       Beneficiary By:       Print or Type Name       Trustor By:       Print or Type Name STATE OF MISSISSIPPI COUNTY OF ______________ Personally appeared before me, the undersigned authority in and for the said County and State, on this ______ day of __________________ , 20 ______ , within my jurisdiction, the within-named ______________________________ , who acknowledged that he is Modification of Deed of Trust Page 3 of 5 ________________________ of ________________________ , a __________________ Corporation, and that for and on behalf of the said Corporation, and as its act and deed, he executed the above and foregoing instrument, after first having been duly authorized by said Corporation so to do. Notary Public (SEAL)       Print or Type Name My Commission expires: __________________ STATE OF MISSISSIPPI COUNTY OF ______________ Personally appeared before me, the undersigned authority in and for the said County and State, on this ______ day of __________________ , 20 ______ , within my jurisdiction, the within-named ______________________________ , who acknowledged that he is ________________________ of ________________________ , a __________________ Corporation, and that for and on behalf of the said Corporation, and as its act and deed, he executed the above and foregoing instrument, after first having been duly authorized by said Corporation so to do. Notary Public (SEAL)       Print or Type Name My Commission expires: __________________ Modification of Deed of Trust Page 4 of 5 EXHIBIT A       Modification of Deed of Trust Page 5 of 5