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Deed of Trust Form - Illinois
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When individuals consider taking a loan to pay for their real property purchase they should think about using an Illinois Deed of Trust . The Illinois Compiled Statutes designates that all deeds that convey real estate as a security in the nature of a mortgage, shall be considered as a mortgage (765 ILCS 905/5). Therefore, your deed of trust shall be prepared in writing, acknowledged (or proven) before any notary public, justice of the peace, or other officer authorized to take acknowledgments of such instruments (765 ILCS 25/1).
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