Insert the property description information and the address in the Short Form Deed of Trust. Borrower shall promptly discharge any lien which has priority over this Security.Designate a trustee to hold the land title. A Texas Deed of Trust creates a lien on property to secure a Promissory Note. These are two documents needed for real estate loans and seller financing. Formation of Business Entities and Nonprofit Corporations Under the Texas Business Organizations Code: Online filing available through SOSDirect. Learn about the benefits of a living trust, how a trust differs from a will, and the steps you'll need to take to set up a living trust in Texas. Termination of Certain Restrictions on First Lien FHA-Insured Deed of Trust. This document outlines the terms of a model public charitable trust deed. It establishes the settlor, trustees, name and location of the trust.