Additionally, reading some literature on contract law, as that is what the security instrument and note conform to will also help.

It is also important to notate what is being implied here is the conveyance of BOTH the security instrument (DOT/Mortgage) and the Note.

There have been some comments I have read on forums about lenders stating that they will reconvey the security instrument only - and consider the note still collectible for the unpaid balance.

that tax lien and any othe liens or instruments against the property should be cleared FIRST.

Review this area to determine (A) what instrument (Deed type) will be used to convey title, (B) who will select the title co/closing attorney, (C) who will pay for search-exam, certification and/or title insurance.

Both parties are running the risk of losing the property or being forced to pay the loan off in full if and when the bank enforces the due on sale clause which is present in almost every security instrument I have seen.

The big risk with any "derivative" instrument (options, futures, etc.) is that things may not go like you planned over the time frame that the option covers (development goes slower than planned, you can't find a buyer, etc.).

A Warranty Deed transfers both legal title and benficial interest.A Deed of Trust (Trust Deed) only transfers beneficial interest.Let's explore the most common usage of the two instruments.

become instrumental in my ventures as I move forward.

Hey Antwon---If you have a loan on the property you are putting in the trust, you should look at the security instrument and talk to the title company like EricFoster suggested...