Sign a deed that transfers the home to the trust, making sure to include the name of the trustee, the trust name, and the trust date. Rather, most loans in Utah related to real propertysuch as loans to purchase a residenceinclude a trust deed, not a mortgage.When a trust deed or mortgage goes into default, the lender has the right to declare the entire balance of the loan due and file a lawsuit to collect the debt. Some states will require a borrower to sign a deed of trust to take out a home loan, much like other states require signing a mortgage. The real property identified in the trust deed acts as collateral. Any person, including Mortgagor, Trustee or Lender, may purchase at that sale. ETitle Insurance Agency, Trustee. Salt Lake City real estate lawyer. Utah Wills and Trusts. Helping clients preserve wealth for the next generation.