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Substitution of Trustee and Notice of Sale - Mississippi

Substitution of Trustee and Notice of Sale - Mississippi 2025

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This document is a Substitute Trustee's Notice of Sale, indicating that a property will be sold at public auction due to default on a Deed of Trust. It outlines the authority of the Substitute Trustee to conduct the sale and provides details about the property and sale location in Mississippi.

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What is the successor of trustee form?

An affidavit of successor trustee is filed when a trustee is removed or has died and is being replaced with the successor trustee. This is common in trusts (or joint tenancy) when its written that if anything should happen to the trustee, the successor trustee will take over ownership.

What is the substitution of Trustee document?

A Substitution of Trustee and Deed of Reconveyance is a legal document that evidence security interest is being release by a lender. In most cases, the document shows that a loan has been paid off. Property owners may even receive this document if they have refinanced a loan.

What is the deed of change of trustee?

Document Overview This Change of Trustee Deed is a document that you can use to change the trustees of a trust when one of the trustees is retiring. The document is to be executed as a deed by the retiring trustee, the new trustee and the appointor.

What is a substitute Trustees sale?

What Is a Substitute Trustee? Generally, the original trustee appointed in the deed of trust wont handle a foreclosure if you fall delinquent in payments. So, the loan servicer will appoint a new trustee (a substitute trustee) to manage the foreclosure process.

What is a substitute Trustee sale?

Substitute Trustee means a person appointed by the current mortgagee or mortgage servicer under the terms of the security instrument to exercise the power of sale.

What is substitution of Trustee and full reconveyance in Texas?

A substitution of trustee simply names a new person to take over that position, as well as a secondary trustee if necessary. A substitution of trustee and full reconveyance serves two purposes: It enables a lender (such as a mortgage company) to appoint a new trustee. It allows the new trustee to release the lien.

Substitution of Trustee and Notice of Sale - Mississippi 2025

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