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Fillable Printable Warranty Deed in Trust - Illinois

Fillable Printable Warranty Deed in Trust - Illinois

Warranty Deed in Trust - Illinois

Warranty Deed in Trust - Illinois

WARRANTY DEED IN TRUST
THIS INDENTURE WITNESSETH,
that the Grantor(s)
of the County of
and State of ILLINOIS for and in
consideration of TEN AND NO/100
Dollars, and other good and valuable
considerations in hand paid, CONVEY
AND WARRANT
unto the MARQUETTE BANK, an Illinois Banking Association., whose address is 9533 W. 143
r
d
St., Orland Park,
Illinois 60462, as Trustee under the provisions of a tru s t agreement dated the day of , 20
and known as Trust Number the following described Real Estate in the County
of and State of Illinois, to-wit:
Property Address:
Permanent Index No:
TO HAVE AND TO HOLD, the premises with the appurtenances upon the trusts and for the uses and
purposes herein and in said trust agreement set forth. See reverse side for terms and powers of trustee. And
the said grantors hereby expressly waive and release any and all right or benefit under and by virtue of any
and all statues of the State of Illinois, providing for the exemption of homesteads from sale on execution or
otherwise.
IN WITNESS WHEREOF, the grantor aforesaid has hereunto set his hand and seal this
day of , 20
______________________________________ _________________________________
Signature Signature
STATE OF ILLINOIS
SS
COUNTY OF
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 signed, sealed and
delivered the said instrument as free and voluntary act, for the uses and purposes therein set
forth, including the release and waiver of the right of homestead.
Dated ______________________ ________________________________________
Notary Public
TERMS AND CONDITIONS
Full power and authority is hereby granted to 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 author ities vested in said trustee, to donate, to dedicate, to mortgage, pledge
or otherwise encumber said property, or any part thereof, to lease said property, or any part thereof, from
time to time in possession or reversion, by leases to commence in praesenti or futuro, and upon any terms
and period 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 optio ns to ren tals, to partitio n or to exch ange said
property, or any part thereof, for other real or personal property to grant easements or charges of any kind,
to release, convey or assign any righ t, title or interest in or about or easemen t 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.
In no case shall any party dealing with said trustee in relation to said premises, o r to whom said premises or
any part thereof shall be conveyed, contracted to be sold, leased or mortgage 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 have been complied with, or be obliged to inquire into the
necessity or expediency of 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 evid ence in fav or o f ever y person relyin g upon
or claiming under any such conveyance, lease or other instrument, (a) that at the time of 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 ind enture and in said tru st agreement or in some amendment th ereof and binding upon all
beneficiaries thereunder, (c) that a successor or successors in trust, that such successor to successors in trust
have been properly appo inted and fu lly vested with all the title, estate, rights, power, au thorities, duties and
obligations of its, his or their predecessor in trust.
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, leg al 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 register for note in the certificate of title or duplicate thereof, or memorial, the words “in trust” or
“upon condition” or “with limitations”, or words of similar import, in accordance with the statue in such
case made and provided.
AFTER RECORDING, PLEASE MAIL TO: THIS INSTRUMENT WAS PREPARED BY:
Marquette Bank/Trust Departmen t ______________________________________
9533 W. 143
rd
Street ____________________ __________________
Orland Park, Illinois 60462 ______________________________________
Mail Real Estate Tax bills to: _________________________
_________________________
_________________________
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