All-Inclusive Note Secured By Deed Of Trust To Fidelity Title Company As Trustee Form
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1
2DO NOT DESTROY THIS ORIGINAL NOTE: When paid, the Original Note, together with the
Deed of Trust securing it, must be surrendered to Trustee for Cancellation and retention before a
reconveyance will be made.
ALL-INCLUSIVE NOTE SECURED BY DEED OF TRUST
TO FIDELITY NATIONAL TITLE COMPANY AS TRUSTEE
Executed this _________________________ day of_____________________ 20___
at __________________________________________________________________
$ __________________________________________________________________
I/ We ("maker") promise to pay to
("payee")
or order, at
the sum of
dollars ($
)
with interest thereon at
percent (
%) per annum, commencing on the date endorsed
hereon. Principal and interest payable:
The amount of this note includes the unpaid balance of the following promissory note(s) ("included notes")
which are secured by deed(s) of trust:
Promissory note executed by _____________________________________________________________
as maker in favor of ___________________________________________________________ as payee,
with an original amount of $ ________________, and an approximate unpaid balance of $ ____________
secured by a deed of trust dated __________________________ 20______
and recorded _____________________________________20___ as Instrument/ File No. ___________,
Book ______, Page ______, _____________________________ County, California.
and
Promissory note executed by _____________________________________________________________
as maker in favor of ___________________________________________________________ as payee,
with an original amount of $ ________________, and an approximate unpaid balance of $ ____________
secured by a deed of trust dated __________________________ 20______
and recorded _____________________________________20___ as Instrument/ File No. ___________,
Book ______, Page ______, _____________________________ County, California.
Payments shall be in lawful money of the United States, and when received by payee shall first be applied
to accrued interest and then upon the principal balance of this note, and shall thereupon be paid upon such
included notes in the amount of such installments of the included notes due or becoming due prior to the
next installment date hereon.
Any prepayment of all or any portion of the unpaid balance permitted under the terms of this note may be
made upon the written requirement by maker that payee prepay a proportionate amount of the unpaid
balance of the included notes, if such included notes can be prepaid, provided however that any such
obligation of payee shall be conditioned upon the payment by maker of any additional amount required by
payee(s) of the included notes as a penalty or consideration for such prepayment.
Maker shall pay to payee in addition to the installments above set forth such additional amounts as may be
required by payee(s) of the included notes for tax or insurance premium impound accounts. Such
additional amounts received by the payee hereof shall be paid to the payee of the included note maintaining
such impound account. Any refund to payee hereof or application of any amount from such impound
account upon the principal balance or accrued interest of such included note, shall be refunded to maker or
credited upon this note in like amount and manner.
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