Deed of Trust, Assignment of Leases and Rents, Security Contract, and Fixture Filing (Lender-friendly Simple) (with Loan Contract) (Texas)

This legal template package, specifically designed for lenders in Texas operating under USA law, covers multiple important documents related to loan agreements and ensuring the security of the loan.

The package includes a Deed of Trust, which is a legal document that grants the lender a security interest in the borrower's property as collateral for the loan. It provides a legal mechanism for the lender to foreclose on the property in the event of loan default.

The Assignment of Leases and Rents document is included to transfer the rights of the borrower's lease contracts and rental income to the lender as additional security. This ensures that the lender can collect rental payments directly in case of default.

The Security Contract is a comprehensive agreement that outlines the terms and conditions of the lender's security interest in the borrower's property, including provisions related to default, foreclosure, and other remedies available to the lender.

To further enhance the lender's security interest, the package also includes a Fixture Filing document. This filing creates a public record of the lender's security interest in any fixtures attached to the borrower's property, establishing the lender's priority over other creditors.

Finally, the package includes a Loan Contract, which outlines the terms and conditions of the loan agreement, including repayment terms, interest rates, and any other specific agreements between the lender and the borrower.

Overall, this lender-friendly template package provides essential legal documents to protect the lender's interests while complying with Texas and USA laws, ensuring that the loan is secure and enforceable.