[WSBARP] Amending Promissory Note and Underlying Deed of Trust terms

Kaitlyn Jackson kaitlyn at dimensionlaw.com
Mon Mar 22 15:39:12 PDT 2021


Hi all -

A while back I think I saw some discussion on the proper procedures and
common pitfalls for amending promissory notes which have related deeds of
trust attached to them. I tried to look for the email chain but am coming
up short. Can someone forward that back to me? Or, maybe, I'm completely
making this up and I actually only had a night terror about it?

Anyways, I have a client who needs to provide a partial payout to a grantee
on a deed of trust ahead of the payment schedule on the promissory note -
which will affect the repayment terms.  I just want to make sure when I do
this that I protect the grantor from any confusing when it's time to
complete the payoff statements at closing in a few months.

Any help, guidance, thoughts, epiphonys, horror stories - are appreciated.

-- 
Thank you,

Kaitlyn R. Jackson | Attorney| DIMENSION LAW GROUP PLLC
130 Andover Park East, Suite 300 | Tukwila, WA 98188
t: *206.973.3500 *| f: *206.577.5090*| e: *kaitlyn at dimensionlaw.com*|
www.dimensionlaw.com

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