In a Trust Deed, the lender is designated as the beneficiary. He obtains the benefit of the security.
A report from the lender, usually in writing, setting forth the terms and conditions of a loan already of record, such as amounts still owed, interest rate, monthly payments, etc.
BILL OF SALE
A document that attests to the transfer of ownership of personal property.
One who obtains a loan and owes money to a lender.
One who purchases or acquires property.