If a trust deed is executed for a principal purpose other than or in addition to securing the performance of a contract or contracts, the parties thereto may agree that the provisions of this chapter shall not be applicable. If such an agreement is in writing and is contained in such trust deed the provisions of this chapter shall not be applicable to such trust deed.

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Terms Used In Arizona Laws 33-819

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Writing: includes printing. See Arizona Laws 1-215