Kodiak Island Borough Deed of Trust and Promissory Note Form

Additional Alaska and Kodiak Island Borough documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Kodiak Island Borough

Properties in any of these areas use Kodiak Island Borough forms:

• Karluk
• Kodiak
• Larsen Bay
• Old Harbor
• Ouzinkie
• Port Lions

---

A Deed of Trust is the preferred instrument for financing real property in Alaska. This form contains a power of sale clause, allowing for a non-judicial foreclosure, this can save time and expense for the lender. Use to finance real property; residential, rental, condominiums, vacant land, and planned unit developments.

Alaska Statutes 34.20.110 -- Trust deeds recorded as mortgages For the purposes of record, a deed of trust, given to secure an indebtedness, shall be treated as a mortgage of real estate, and recorded in full in the book provided for mortgages of real property. The person who makes or executes the deed of trust shall be indexed as "mortgagor," and the trustee and the beneficiary or cestui que trust, as the "mortgagees."

A Deed of Trust and Promissory Note that include stringent default terms and conditions can be beneficial to the lender, typical of owner financing, investor financing, etc.

For use in Alaska only.

Important: Your property must be located in Kodiak Island Borough to use these forms. Documents should be recorded at the office below.

This Deed of Trust and Promissory Note meets all recording requirements specific to Kodiak Island Borough.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Kodiak Island Borough recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Kodiak Island Borough Deed of Trust and Promissory Note form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4733 Reviews )