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What is the difference between a straight note and a promissory note:

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Q: Insturctions on filling out straight note secured by deed of trust?
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What does a secured real property loan consist of?

Financing Statement and trust deed


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What is a deed of trust and how does it work?

It is evidence of a mortgage loan secured by a promissory note. It includes three parties: a trustor, a trustee and a beneficiary for it to be valide.


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