Fillable Printable Deed in Trust Form - Illinois

Deed in Trust Form - Illinois

This Indenture, Witnesseth, That the Grantor,

of the County of and State of for and in consideration

of Ten and no/100ths ($10.00) Dollars, and other good and valuable considerations in hand paid, Convey/s and Warrant/s

unto the OXFORD BANK & TRUST, P.O. Box 129, Addison, Illinois 60101 a corporation organized and existing under the

laws of the State of Illinois, as Trustee under the provisions of a trust agreement dated the day of

, , known as Trust Number the following described real estate

in the State of Illinois, to wit:

Permanent Index No.:

Common Address:

TO HAVE AND TO HOLD the said premises with the appurtenances upon the trusts and for the uses and purposes

herein and in said trust agreement set forth.

Full power and authority is hereby granted to and vested in said trustee to improve, manage, protect and subdivide

said premises or any part thereof, to dedicate parks, streets, highways or alleys and to vacate any subdivision or part

thereof, and to resubdivide said property as often as desired, to contract to sell, to grant options to purchase, to sell on

any terms, to convey either with or without consideration, to convey said premises or any part thereof to a successor or

successors in trust and to grant to such successor or successors in trust all of the title, estate, powers and authorities

vested in said trustee, to donate, to dedicate, to mortgage, pledge or otherwise encumber said property, or any part there-

of, to lease said property, or any part thereof, from time to time, in possession or reversion, by lessee to commence in

present or in future, and upon any terms and for any period or periods of time, not exceeding in the case of any single

demise the term of 198 years, and to renew or extend leases upon any terms and for any period or periods of time and to

amend, change or modify leases and the terms and provisions thereof at any time or times hereafter, to contract to make

leases and to grant options to lease and options to renew leases and options to purchase the whole or any part of the

reversion and to contract respecting the manner of fixing the amount of present or future rentals, to partition or to

exchange said property, or any part thereof, for other real or personal property, to grant easements or changes of any

kind, to release, convey or assign any right, title or interest in or about or easement appurtenant to said premises or any

part thereof, and to deal with said property and every part thereof in all other ways and for such other considerations as it

would be lawful for any person owning the same to deal with the same, whether similar to or different from the ways above

specified, at any time or times hereafter. Any such power and authority granted to the Trustee shall not be exhausted by

the user thereof, but may be exercised by it from time to time and as often as occasion may arise with respect to all or any

part of the trust property.

In no case shall any party dealing with said trustee in relation to said premises, or to whom said premises or any part

thereof shall be conveyed, contracted to be sold, leased or mortgaged by said trustee, be obliged to see to the application

of any purchase money, rent, or money borrowed or advanced on said premises, or be obliged to see that the terms of

this trust and said trust agreement have been complied with, or be obliged to inquire into the necessity or expediency of

Deed in Trust

P.O. BOX 129

ADDISON, IL

(630) 629-5000•MEMBER FDIC

(RESERVED FOR RECORDER’S USE ONLY)

any act of said trustee, or be obliged or privileged to inquire into any of the terms of said trust agreement; and every deed,

trust deed, mortgage, lease or other instrument executed by said trustee in relation to said real estate shall be conclusive

evidence in favor of every person relying upon or claiming under any such conveyance, lease or other instrument, (a) that

at the time of the delivery thereof the trust created by this indenture and by said trust agreement was in full force and

effect, (b) that such conveyance or other instrument was executed in accordance with the trusts, conditions and limitations

contained in this indenture and in said trust agreement or in some amendment thereof and binding upon all beneficiaries

thereunder, (c) that said trustee was duly authorized and empowered to execute and deliver every such deed, trust deed,

lease, mortgage or other instrument and (d) if the conveyance is made by a successor or successors in trust, that such

successor or successors in trust have been properly appointed and are fully vested with all the title, estate, rights, powers,

authorities, duties and obligations of its, his or their predecessor in trust.

This conveyance is made upon the express understanding and condition that neither Oxford Bank & Trust, individually

or as Trustee, nor its successor or successors in trust shall incur any personal liability or be subjected to any claim, judg-

ment or decree for anything it or they or its or their agents or attorneys may do or omit to do in or about the said real

estate or under the provisions of this Deed or said Trust Agreement or any amendment thereto, or for injury to person or

property happening in or about said real estate, any and all such liability being hereby expressly waived and released.

Any contract, obligation or indebtedness incurred or entered into by the Trustee in connection with said real estate may be

entered into by it in the name of the then beneficiaries under said Trust Agreement as their attorney-in-fact, hereby irrevo-

cably appointed for such purposes, or at the election the the Trustee, in its own name as Trustee of an express trust and

not individually (and the Trustee shall have no obligation whatsoever with respect to any such contract, obligation, or

indebtedness except only so far as the trust property and funds in the actual possession other the Trustee shall be applic-

able for the payment and discharge thereof.) All persons and corporations whomsoever and whatsoever shall be charged

with notice of this condition from the date of the filing for record of this Deed.

The interest of each and every beneficiary hereunder and of all persons claiming under them or any of them shall be

only in the earnings, avails and proceeds arising from the sale or other disposition of said real estate, and such interest is

hereby declared to be personal property, and no beneficiary hereunder shall have any title or interest, legal or equitable,

in or to said real estate as such, but only an interest in the earnings, avails and proceeds thereof as aforesaid.

If the title to any of the above lands is now or hereafter registered, the Registrar of Titles is hereby directed not to reg-

ister or note in the certificate of title or duplicate thereof, or memorial, the words “in trust,” or “upon condition,” or “with limi-

tations,” or words of similar import, in accordance with the statute in such case made and provided, and said Trustee shall

not be required to produce the trust agreement or a copy thereof or any extracts therefrom, as evidence that any

transfer,

charge or other dealing involving the registered lands is in accordance with the true intent and meaning of the trust.

And the said grantor/s hereby expressly waive/s and release/s all rights under and by virtue of the homestead exemption

laws of the State of Illinois.

In Witness Whereof, the grantor/s aforesaid has/ve hereunto set/s hand/s and seal/s this day of

, .

(SEAL) (SEAL)

COUNTY OF DuPAGE )

) SS

STATE OF ILLINOIS )

I, the undersigned, a Notary Public in and for said County, in the State aforesaid do hereby certify that

personally known to me to be the same person/s whose name/s subscribed to the foregoing instrument, appeared before

me this day in person and acknowledged that he/she/they signed, sealed and delivered the said instrument as his/her/their

free and voluntary act, for the uses and purposes therein set forth, including the release and waiver of the right of homestead.

GIVEN under my hand and notarial seal this _____________ day of _________________________ , A.D. .

Notary Public

This document prepared by:

Mail Tax Bills to: MAIL RECORDED DEED TO:

OXFORD BANK & TRUST

P. O. BOX 129

ADDISON, IL 60101

4-61-60, INDEPENDENT FORMS SERVICES, INC.