Extension of Loan Agreement Secured by a Deed of Trust as to Maturity Date and Increase in Interest Rate

An agreement modifying a loan agreement and a deed of trust should be signed by both parties to the transaction and recorded in the office of the register of deeds and deeds of trust where the original deed of trust was recorded. Such a modification or extension is contractual in nature and must be supported by consideration. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.