TRUST DEED

State of Illinois

WHEN RECORDED RETURN TO:
[NAME]
[ADDRESS]
[CITY, STATE ZIP]

Date: [DATE]
Document Number: _________________ (Recorder's Use)
Property Address: [PROPERTY ADDRESS, CITY, IL ZIP]
PIN: [PIN]

IMPORTANT NOTICE - JUDICIAL FORECLOSURE STATE

ILLINOIS IS A JUDICIAL FORECLOSURE STATE. The Illinois Mortgage Foreclosure Law (735 ILCS 5/15-1101 et seq.) provides the exclusive method for foreclosing on all mortgages and trust deeds. All foreclosures must proceed through the courts.

TRUST DEED

THIS TRUST DEED is made this [DAY] day of [MONTH], [YEAR], by and among:

GRANTOR (Borrower):
[GRANTOR NAME(S)]
[ADDRESS]
[CITY, STATE ZIP]

TRUSTEE:
[TRUSTEE NAME]
[ADDRESS]
[CITY, STATE ZIP]

BENEFICIARY (Lender):
[BENEFICIARY/LENDER NAME]
[ADDRESS]
[CITY, STATE ZIP]

RECITALS AND GRANT

WHEREAS, Grantor is indebted to Beneficiary in the principal sum of [PRINCIPAL AMOUNT] DOLLARS ($[AMOUNT]), as evidenced by a Promissory Note of even date herewith (the "Note");

NOW, THEREFORE, Grantor does hereby grant, bargain, sell, and convey unto Trustee, in trust, the following described real property situated in [COUNTY] County, Illinois:

SEE EXHIBIT A ATTACHED HERETO AND INCORPORATED HEREIN BY REFERENCE

Property Address: [PROPERTY ADDRESS], [CITY], Illinois [ZIP CODE]

TOGETHER WITH all buildings, improvements, fixtures, easements, rights, appurtenances, rents, and profits.

ARTICLE I - OBLIGATIONS SECURED

This Trust Deed secures: (a) repayment of the Note with interest; (b) all other sums advanced; (c) performance of Grantor's covenants.

ARTICLE II - COVENANTS OF GRANTOR

Grantor shall: pay when due all amounts under the Note; maintain insurance; pay taxes; maintain the property; defend title; and comply with all laws.

ARTICLE III - DEFAULT AND FORECLOSURE

3.1 Judicial Foreclosure Required. The IMFL requires judicial foreclosure for all trust deeds and mortgages (735 ILCS 5/15-1501).

3.2 Filing and Service. Beneficiary must file a complaint and serve Grantor. Grantor has thirty (30) days to file an answer.

3.3 Reinstatement. Grantor may reinstate the loan up to ninety (90) days after being served with summons (735 ILCS 5/15-1602).

3.4 Redemption Period. The redemption period is the longer of:
(a) Seven (7) months from service of summons; or
(b) Three (3) months from entry of judgment of foreclosure.

3.5 Confirmation. After sale, the court must confirm the sale.

3.6 Deficiency. Illinois permits deficiency judgments if sought in the foreclosure action.

3.7 Statute of Limitations. Ten (10) years from the right to foreclose.

ARTICLE IV - RELEASE

Upon payment in full, Trustee shall execute a release of this Trust Deed.

ARTICLE V - MISCELLANEOUS

This Trust Deed shall be governed by Illinois law.

SIGNATURE PAGE

GRANTOR(S):

_______________________________
[GRANTOR NAME]

ACKNOWLEDGMENT

STATE OF ILLINOIS
COUNTY OF [COUNTY]

Before me, a Notary Public, personally appeared [GRANTOR NAME(S)], who acknowledged execution of this instrument.

_______________________________
Notary Public
My Commission Expires: ___________

EXHIBIT A - LEGAL DESCRIPTION

[INSERT COMPLETE LEGAL DESCRIPTION]

PIN: [NUMBER]

Prepared by: [PREPARER NAME], [ADDRESS]