DEED OF TRUST
The Deed of Trust is used in Missouri. Its purpose is to convey to the trustee the right to sell the subject property as a means to repay the amount owed by the borrower (grantor) to the lender (grantee) in the event that the grantor is in default as described in the note, loan, or deed of trust. The trustee is appointed by the lender to act as a mediator in the event of a foreclosure sale.
*The section headings and summaries are for convenience only and are not to be used to interpret or define the terms of this Security Instrument.