The lien of any mortgage or deed of trust on any real property that is not otherwise satisfied or discharged expires at the later of the following times. Find out about Arizona Deed of Trust requirements, including legal steps, roles, and benefits, to ensure proper real estate transactions.If the Trustee's Deed is recorded within 15 days after the date of sale, the Trustee's Deed relates back and is deemed perfected as of the date of sale. You can break the trust and dissolve it, but you would have to hire a local trust law or probate law attorney to file a petition in the local probate court. This Deed of Trust is given for the purpose of creating a lien on the Property in order to secure not only any existing indebtedness, but also future advances. A Deed of Trust is a real estate security document. Unlike a mortgage which only involves a borrower and a lender, these documents have three parties. Arizona Revised Statutes Title 33. Judicial foreclosures are rare in Arizona, primarily reserved for when a mortgage does not have a power-of-sale clause.