Mississippi Agencies

Step 9

Schedule B, Section I always contains these initial requirements:

  1. Payment to or for the account of the grantors or mortgagors of the full consideration of the estate or interest to be insured.
  2. Proper instrument(s) creating the estate or interest to be insured must be properly executed and duly filed for record, to wit:

Warranty Deed from Tom Jones to John Smith, and
Deed of Trust from John Smith in favor of Any National Bank.