This NC Promissory Note is filled in and highlighted, showing how the guideline information, can be interpreted into the document. A trust deed is always used together with a promissory note (also called "prom note") that sets out the amount and terms of the loan.D) Completed Deed of Trust with notarized property owners' signatures. E) Completed Promissory Note with property owners' signatures. As a condition precedent to making the Loan, Lender has required that Grantor execute and deliver this Deed of Trust to Trustee for the benefit of Lender. WITNESSETH: THAT WHEREAS, the Beneficiary agrees to advance to the Grantor the sum of.