Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Second Trust Deed
"I need a Second Trust Deed for a commercial property in Manila, securing a PHP 5 million loan from ABC Bank, with the first trust deed held by XYZ Bank for PHP 10 million; the property will be used as a retail space and we need specific provisions for tenant rights."
1. Parties: Identification of the Trustor (borrower/grantor), Trustee, and Beneficiary (lender)
2. Background: Recitals explaining the context of the deed, including reference to the first trust deed and the new loan arrangement
3. Definitions: Key terms used throughout the document, including specific Philippine legal terminology
4. Grant of Security Interest: Legal language creating the trust deed and specifically acknowledging its subordinate position to the first trust deed
5. Property Description: Detailed legal description of the secured property, including its certificate of title number
6. Secured Obligations: Description of the debt or obligations secured by this second trust deed
7. Covenants and Warranties: Trustor's promises regarding property maintenance, insurance, taxes, and compliance with laws
8. Default Provisions: Events of default and remedies available to the Beneficiary
9. Power of Sale: Provisions for non-judicial foreclosure under Act No. 3135
10. Notice Requirements: Specific requirements for notices under Philippine law
11. Governing Law: Confirmation of Philippine law as governing law and jurisdiction
12. Execution: Signature blocks and notarial requirements
1. Assignment Rights: Section detailing the right to assign the trust deed, used when assignability needs to be specifically addressed
2. Insurance Requirements: Detailed insurance provisions, used when standard covenants need expansion
3. Environmental Provisions: Additional environmental warranties and covenants, used for commercial properties
4. Due on Sale Clause: Provision making the loan due upon property sale, used when required by lender
5. Cross-Default Provisions: Provisions linking defaults under this deed to other agreements, used in complex lending relationships
6. Subordination Terms: Detailed subordination provisions, used when relationship with first trust deed needs specific regulation
1. Schedule A - Property Description: Detailed technical description of the property, including boundaries and technical specifications
2. Schedule B - Permitted Encumbrances: List of existing liens and encumbrances, including details of the first trust deed
3. Schedule C - Form of Notice: Prescribed form for notices under the deed
4. Appendix 1 - Copy of First Trust Deed: Reference copy of the senior trust deed
5. Appendix 2 - Secretary's Certificate: If Trustor is a corporation, certificate authorizing the transaction
6. Appendix 3 - Special Power of Attorney: If applicable, POA authorizing execution of the deed
Authors
Real Estate
Banking
Financial Services
Property Development
Construction
Commercial Property
Residential Property
Investment Management
Trust Services
Mortgage Lending
Legal
Real Estate
Property Management
Finance
Credit Risk
Compliance
Corporate Secretariat
Investment
Mortgage Operations
Trust Administration
Real Estate Attorney
Property Lawyer
Mortgage Officer
Trust Officer
Property Manager
Real Estate Manager
Legal Counsel
Compliance Officer
Credit Risk Manager
Real Estate Developer
Investment Manager
Banking Officer
Property Rights Specialist
Title Officer
Loan Officer
Find the exact document you need
Warranty Trust Deed
A Philippine law-governed deed establishing a trust arrangement to secure and manage warranty obligations, combining trust and warranty protection mechanisms.
Quitclaim Deed Trust
A Philippine legal document that combines a property rights transfer through quitclaim with trust establishment, governed by Philippine property and trust laws.
Trust Deed For Charitable Trust
A Philippine law-governed deed establishing a charitable trust, defining its management structure, charitable purposes, and regulatory compliance requirements.
Pension Trust Deed
A Philippine law-governed trust deed establishing and regulating a pension fund, defining relationships between sponsors, trustees, and beneficiaries.
Deed Of Amendment Trust
A Philippine law-governed document that formally amends an existing trust deed, enabling modifications to trust arrangements while maintaining legal compliance and continuity.
Purchase Deed Of Trust
A Philippine legal document combining property purchase and trust establishment, governed by Philippine property and trust laws.
Bare Trust Deed
A Philippine law-governed trust deed establishing a bare trust arrangement where trustees hold property with minimal active duties, acting solely on beneficiaries' instructions.
Promissory Deed
A formal legal document under Philippine law evidencing an unconditional promise to pay a specific sum of money, compliant with local Civil Code and Negotiable Instruments Law requirements.
Trust Deed Variation
A Philippine law-governed document that formally modifies an existing trust deed's terms while maintaining compliance with local trust regulations and the Civil Code.
Property Trust Deed
A legal document under Philippine law establishing a trust arrangement for real property management and administration by trustees for specified beneficiaries.
Deed Of Trust Note
A Philippine legal instrument creating a three-party trust arrangement to secure a loan, combining a promissory note with property security under Philippine law.
Unreleased Deed Of Trust
A Philippine law-governed document establishing a trust arrangement for property management, with the deed held in escrow pending specific conditions.
Trustee Warranty Deed
A Philippine legal document used by trustees to transfer real property while providing warranties, complying with local trust and property laws.
Grant Deed And Deed Of Trust
A Philippine legal document that combines property transfer with trust creation, transferring property ownership while establishing trust arrangements under Philippine law.
Warranty Deed And Deed Of Trust
A Philippine legal instrument that combines property transfer with warranty provisions and trust establishment, governed by Philippine civil law and property regulations.
Declaration Of Trust Sole Owner
A Philippine law-governed declaration establishing a trust relationship where an individual holds assets as both settlor and trustee, specifying terms for trust administration and asset management.
Deed Of Reconveyance
A Philippine legal document that transfers property title back to its rightful owner, typically used after mortgage satisfaction or to correct title errors.
Wraparound Deed Of Trust
A Philippine law-governed trust deed that creates a new loan encompassing an existing mortgage, with the new lender managing payments on both loans.
Master Deed Of Trust
A foundational legal document under Philippine law that establishes a trust relationship, defining the transfer and management of assets from settlor to trustee for specified beneficiaries.
Land Trust Deed
A Philippine legal document establishing a trust arrangement for real property, transferring land ownership to a trustee for management on behalf of beneficiaries.
Declaration Of Trust Beneficial Interest
A Philippine law-governed document establishing a trust relationship where a trustee holds and manages assets for a beneficiary's benefit, defining legal and beneficial ownership rights.
Commercial Deed Of Trust
A Philippine law-governed document establishing a commercial trust arrangement, defining trustee responsibilities and beneficiary rights.
Partial Claim Deed Of Trust
A Philippine law governed trust deed establishing the management and administration of a partial property claim or interest, creating a fiduciary arrangement for designated beneficiaries.
Seller Financed Deed Of Trust
A Philippine law-governed security instrument creating a trust arrangement for seller-financed property purchases, establishing rights and obligations between seller, buyer, and trustee.
Junior Deed Of Trust
A Philippine law-governed security instrument creating a subordinate trust arrangement over real property to secure a secondary loan.
Revocable Deed
A Philippine law-compliant legal document enabling property transfer with retained revocation rights, commonly used in various property transactions within the Philippines jurisdiction.
Purchase Money Deed Of Trust
A Philippine legal instrument creating a security interest in real property to secure a purchase money loan, involving a trustor, beneficiary, and trustee.
Performance Deed Of Trust
A Philippine law-governed trust instrument that secures performance obligations through a trustee-managed arrangement, providing security and enforcement mechanisms for the beneficiary.
Leasehold Deed Of Trust
A Philippine law document establishing a trust over leasehold property rights, designating a trustee to manage the property for specified beneficiaries.
Life Insurance Trust Deed
A Philippine law-governed trust deed that establishes a trust arrangement for managing and distributing life insurance policy proceeds according to the settlor's wishes.
Revocable Gift Deed
A Philippine law-compliant deed for transferring property as a revocable gift, including transfer terms and revocation rights.
Promissory Note Deed
A Philippine law-governed formal written promise to pay a specified sum of money, serving as a legally binding debt instrument under the Negotiable Instruments Law.
Floating Deed Of Trust
A Philippine law-governed security instrument creating a floating charge over company assets, allowing business operations while maintaining lender security.
Declaration Of Trust Joint Tenancy
A Philippine law document establishing a trust arrangement with joint tenancy and survivorship rights, combining trust management with joint property ownership principles.
Promissory Note Secured By Deed Of Trust
A Philippine law-governed instrument combining a promise to pay with property security through a trust arrangement, commonly used in secured lending transactions.
Irrevocable Inter Vivos Deed Of Gift
A Philippine law-governed deed that enables irrevocable transfer of property from donor to donee during the donor's lifetime.
Living Trust Deed
A Philippine legal document establishing a living trust arrangement for asset management and distribution, governed by Philippine Civil Code and banking regulations.
Flexible Trust Deed
A Philippine law-governed flexible trust instrument for adaptable asset management and wealth transfer, with comprehensive trustee powers and beneficiary protections.
Debt Trust Deed
A Philippine law-governed trust instrument establishing security arrangements for debt obligations, detailing trustee powers and enforcement rights.
All Inclusive Trust Deed
A comprehensive trust deed under Philippine law that consolidates all trust provisions, asset details, and administrative requirements into a single binding instrument.
Testamentary Trust Deed
A Philippine law-governed document that establishes a trust through a will, managing and distributing assets according to the testator's wishes after death.
Note And Deed Of Trust
A Philippine legal document combining a promissory note with a security agreement, creating a three-party arrangement for secured property financing under Philippine law.
Inter Vivos Deed
A Philippine legal document used for transferring property rights between living parties, requiring notarization and registration under Philippine law.
Revocable Deed Of Trust
A legal document under Philippine law establishing a revocable trust relationship for asset management and distribution, with retained control by the settlor.
Life Trust Deed
A Philippine legal document establishing a trust arrangement for asset transfer and management during the settlor's lifetime, governed by Philippine trust laws.
Second Trust Deed
A Philippine law-governed security instrument creating a subordinate lien on real property, ranking second to an existing trust deed.
Irrevocable Deed
A Philippine legal document that permanently and irrevocably transfers property rights from a Grantor to a Grantee, subject to Philippine civil law requirements.
Master Trust Deed
A foundational legal document under Philippine law establishing the terms and conditions for trust arrangements, defining trustee powers and beneficiary rights.
Promissory Note And Deed Of Trust
A Philippine law-governed instrument combining a debt obligation (promissory note) with property security (deed of trust) to create a secured lending arrangement.
Irrevocable Deed Of Gift
A formal legal document under Philippine law that enables the permanent and irrevocable transfer of property from a donor to a donee without compensation.
Security Trust Deed
A Philippine law-governed document establishing a trust arrangement for holding and managing security interests on behalf of multiple beneficiaries.
Family Trust Deed
A Philippine law-governed trust document establishing the terms for family asset management and distribution, setting out trustee powers and beneficiary rights.
Deed Of Debt
A legal document under Philippine law that establishes and evidences a debt obligation between parties, detailing loan terms and conditions.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.