Fill and Sign the Texas Lieu Form

Prepared by:       After Recording, Return to:                         NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER. DEED IN LIEU OF FORECLOSURE Date:       , 20       GRANTOR:       Mailing Address:             County:       GRANTEE:       Mailing Address:             County:       INDEBTEDNESS: $       Recorded under Clerk's File No.       STREET ADDRESS:             FOR THE GOOD AND VALUABLE CONSIDERATIONS HEREINAFTER SET FORTH , receipt of which is hereby acknowledged, Grantor, whether one or more, does hereby grant and convey to Grantee the following real property, including any improvements thereon and the appurtenances thereunto belonging, situated in       County, TX: Deed in Lieu of Foreclosure Page 1 of 3 See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Grantor acknowledges that Grantor is now in default under the terms of the above - described indebtedness of Grantor to Grantee. GRANTOR ACKNOWLEDGES THAT GRANTOR MAY HAVE A CONSTITUTIONAL RIGHT TO A COURT HEARING TO DETERMINE WHETHER GRANTOR IS IN DEFAULT AND WHETHER GRANTEE IS ENTITLED TO POSSESSION OF THE ABOVE - DESCRIBED PROPERTY AT THIS TIME AS A RESULT THEREOF. Grantor waives any right Grantor may have to further notice and to such a hearing. Grantor acknowledges that Grantee has a lien and security interest pursuant to deed of trust/security documents in the above - described Property. Grantor has not transferred or encumbered Grantor's rights in such Property, and has removed all personal property not subject to such lien and security interest from the Property. In consideration of the release by Grantee of Grantor's obligations in connection with the above - described indebtedness/partial release of obligations, Grantor hereby renounces any and all claims that Grantor may have against Grantee in connection with or arising out of such indebtedness, and any and all right of notice, redemption, or other remedy, whether under the Texas Property Code, Chapter 9 of the Texas Business and Commerce Code, or otherwise, and sells and quitclaims to Grantee all of Grantor's right, title, and interest in and to the above - described Property, to have and to hold the Property to Grantee, Grantee's heirs, executors, administrators, successors, or assigns forever. Neither Grantor nor Grantor's heirs, executors, administrators, successors, or assigns shall have, claim, or demand any right or title to the Property or any part of it. Grantor expressly agrees that Grantee has the right to sell the Property totally and finally without any further notice or other obligation from Grantee to Grantor. Grantor agrees that Grantor is responsible to Grantee for payment of any part of the obligations of Grantor that remain unpaid after the sale of the Property by Grantee. When the context requires, singular nouns and pronouns include the plural. Deed in Lieu of Foreclosure Page 2 of 3 IN WITNESS WHEREOF, Grantor has hereunto set his/her hand the day and year first above written. GRANTOR(S): Signature Signature             Print or Type Name Print or Type Name State of Texas , County of __________________ This instrument was acknowledged before me on       by       . Notary Public My commission expires:             Type or Print Name Deed in Lieu of Foreclosure Page 3 of 3 EXHIBIT A Grantor:             Grantee:             Legal Description:       Deed in Lieu of Foreclosure Exhibit A