Substitution of Trustee – A document through which the lender (beneficiary), owner, or holder of the note (loan) replaces a new Trustee in the Deed of Trust. A Deed of Trust is an instrument that secures a debt to real property.AGREEMENT, AND FIXTURE FILING ("Deed of Trust") is made as of INSERT DATE, by. On February 10, 2022, a Notice of Default and Election to Sell Under a Deed of Trust ("Notice of. Default") was recorded in Contra Costa County. THIS MODIFICATION OF CONSTRUCTION TRUST DEED IS DATED AS OF April 5, 2006, between DICON FIBEROPTICS, INC. California mainly uses two types of deeds: the "grant deed" and the "quitclaim deed. A common misperception of trusts is that they are legal entities that, like corporations, can hold title to real estate and other property. Claim of lien in the Office of the Recorder of Contra Costa County, California. In comparison, Chapter.