White County Deed of Trust and Promissory Note Form (Arkansas)

The following Arkansas and White County supplemental forms are included as a courtesy with your order:

When using these Deed of Trust and Promissory Note forms, the subject real estate must be physically located in White County. The executed documents should then be recorded in the following office:

Local jurisdictions located in White County include:

• Bald Knob
• Beebe
• Bradford
• El Paso
• Garner
• Griffithville
• Higginson
• Judsonia
• Kensett
• Letona
• Mc Rae
• Pangburn
• Romance
• Rose Bud
• Russell
• Searcy
• West Point

("Deed of trust" means a deed conveying real property in trust to secure the performance of an obligation of the grantor or any other person named in the deed to a beneficiary and conferring upon the trustee a power of sale for breach of an obligation of the grantor contained in the deed of trust;) (Ark. Statute 18-50-101(2)) A power of sale allows for a non-judicial foreclosure in the case of default, saving time and expense. If Lender invokes the power of sale, Lender shall execute or cause Trustee to execute the written notice of the occurrence of any event of default and Lender's election to cause the Property to be sold and shall cause such notice to be recorded in each county in which the Property or some portion thereof is located. Lender or Trustee shall mail copies of such notice in the manner prescribed by applicable law. 18-50-103.
(A trustee may not sell the trust property unless: The deed of trust or mortgage is filed for record with the recorder of the county in which the trust property is situated;) (Ark. Statute 18-50-103(1))

A deed of trust contains three (3) parties: Grantor/Trustor, Trustee, and Beneficiary/Lender

"Grantor" means the person conveying an interest in real property by a mortgage or deed of trust as security for the performance of an obligation; (Ark. Statute 18-50-101 (3))

"Beneficiary" means the person named or otherwise designated in a deed of trust as the person for whose benefit a deed of trust is given or his successor in interest; (Ark. Statute 18-50-101 (1))

("Trustee" means any person or legal entity to whom legal title to real property is conveyed by deed of trust or his or her successor in interest.) Examples of how a Trustee can be chosen are given. (Ark. Statute 18-50-101 (10)).

14-15-402. Instruments to be recorded. (a) It shall be the duty of each recorder to record in the books provided for his or her office all deeds, mortgages, conveyances, deeds of trust, bonds, covenants, defeasances, affidavits, powers of attorney, assignments, contracts, agreements, leases, or other instruments of writing of, or writing concerning, any lands and tenements or goods and chattels, which shall be proved or acknowledged according to law, that are authorized to be recorded in his or her office.

A deed of trust secured by a promissory note with stringent default terms can be advantageous to the lender in the case of a default. Use this form for financing residential, condominiums, rental units (up to 4), planned unit developments, and small commercial.

(Arkansas Deed of Trust Package includes forms, guidelines, and completed examples) For use in Arkansas only.

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The documents you receive here will meet, or exceed, the White County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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