All Pocahontas County specific forms and documents listed below are included in your immediate download package:
The Following West Virginia and Pocahontas County supplemental forms are included as a courtesy with your order.
Declaration of Consideration (West Virginia Document)
Sales Listing Form (West Virginia Document)
Instructions for Sales Listing Form (West Virginia Document)
Certificate of Acknowledgment - Individual (West Virginia Document)
Certificate of Acknowledgment - Representative (West Virginia Document)
Verification of an Oath - Jurat (West Virginia Document)
Including:
There are three parties in this Deed of Trust:
1- The Trustor (Borrower)
2- Beneficiary (Lender) and a
3- Trustee (Neutral Third Party)
Basic Concept. The Trustor (Borrower) conveys property title to a Trustee (Neutral Party). A Trustee or beneficiary/Lender can take action against any person for damages.
In West Virginia, a Deed of Trust (DOT) is the most commonly used instrument to secure a loan. If the DOT has a "Power of Sale" clause, foreclosure can be done non-judicially, saving time and expense, because the trustee doesn't require the court's involvement. This process is called a Trustee Sale. Explained in WV Statute 38-1-3. "Sales under trust deeds."
Proceeds of Trustee Sale: After deducting all costs, fees and expenses of Trustee and of this trust, including the cost of evidence of title in connection with the sale and reasonable attorney's fees, trustee shall apply the proceeds of sale to payment of all sums then secured hereby and all other sums due under the terms hereof, with accrued interest, and the remainder, if any, to the persons legally entitled thereto or as provided by W. VA. ARTICLE 1, 38-1-7.
(38-1-2. Form of deed of trust; memorandum of deed of trust may be recorded.) This Form is fully formatted for W.VA. recording requirements.
Promissory Note secured by Deed of Trust.
In general, the lender can charge 6% with no written contract and 8% with a written contract. Exceptions are made, see W. VA. Statute 47-6-5, "Legal rate of interest".
Terms:
A- Principle Owed and Maturity Date of Loan
B- Payments - Traditional Installment or installments with a Balloon Payment.
C- Late Payments: So much $ owed after X number of days, plus $ for each day after.
D- Default Rate: If payment is at least 30 days past due, then the principal balance shall bear interest at default rate of $$$.
E- Overdue Loan Fee: In addition to any other remedies available to Lender if this Note is not paid in full at the Maturity Date, Borrowers shall pay to Lender an Overdue Loan Fee.
F- Default Terms: If any of the following events of default occur, this Note and any other obligations of the Borrower to the Lender, shall become due immediately, without demand or notice:
1) the failure of the Borrower to pay the principal and any accrued interest when due;
2) the filing of bankruptcy proceedings involving the Borrower as a debtor;
3) the application for the appointment of a receiver for the Borrower;
4) the making of a general assignment for the benefit of the Borrower's creditors;
5) the insolvency of the Borrower;
6) a misrepresentation by the Borrower to the Lender for the purpose of obtaining or extending credit.
7) In addition, the Borrower shall be in default if there is a sale, transfer, assignment, or any other disposition of any real estate pledged as collateral for the payment of this Note, or if there is a default in any security agreement which secures this Note.
G- Venue: If legal action is required, Lender provides the County of such actions.
This package can be used for financing of residential property, a condominium, a small office building and rental property (up to 4 units). A Promissory Note secured by a Deed of Trust with strong default terms can be beneficial to the Lender. This form has terms and conditions defined by W. VA. Statutes, for use in W. VA only.
The documents you receive here will meet, or exceed, the Pocahontas County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Get your Pocahontas County 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.
August 15th, 2022
Name: Gerald S.
Review: The paperwork for our transfer on death deed was easy to fill out and the county has excepted it for recording Very satisfied.
Reply from Staff on August 15th, 2022
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August 14th, 2022
Name: Charles G.
Review: Easy to request. Fast response
Reply from Staff on August 14th, 2022
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August 13th, 2022
Name: Laura R.
Review: Afficavit worked kind of pricey
Reply from Staff on August 13th, 2022
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August 13th, 2022
Name: SANTTINA W.
Review: IT WAS SO VERY HELPFUL AND EASY TO DO WILL RETUN TO THE SITE AGAIN.
Reply from Staff on August 13th, 2022
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August 11th, 2022
Name: John B.
Review: Simply amazing. I had absolutely no idea how to properly file a deed, until someone told me about deeds.com. It's just such a well designed service, with fantastic customer support, and speed. Bravo to everyone at deeds.
Reply from Staff on August 11th, 2022
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August 11th, 2022
Name: RONALD L W.
Review: Easy access of downloadable forms for use by Pennsylvania, Allegheny County residents.
Reply from Staff on August 11th, 2022
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August 11th, 2022
Name: Sharon B.
Review: My questions were answered promptly. I was not able to locate the deed I was searching for because my county has not uploaded the documents to be accessed through this system. I am sure I could have found what I was looking for had the information been available through the system. Thank you for your assistance.
Reply from Staff on August 11th, 2022
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August 10th, 2022
Name: Kevin C.
Review: Nice site but $30 to download a blank form is a bit much.
Reply from Staff on August 10th, 2022
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August 10th, 2022
Name: CHARMAINE G.
Review: Would have paid double for these forms. Thankfully there are professionals making these things, I would have surely messed it up if I tried to do it myself based on my incorrect preconceived ideas.
Reply from Staff on August 10th, 2022
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August 10th, 2022
Name: Joel B.
Review: I would have liked more room in the text fields for describing the potential claim. had to use Exhibit A. Could not delete Exhibit B. Alo would like to have a custom footer - not deeds.com. Unprofessional.
Reply from Staff on August 10th, 2022
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