Vermont § 4970 - Form and effect of foreclosure deed

§ 4970. Form and effect of foreclosure deed

• (a) The foreclosure deed shall be in substantially the following form: ______ of ______ County, ______ State of ______ , holder of a mortgage from ____ to ____ dated ____ , recorded in ____ Book____ at Page ____ of the Town of ____ Land Records, by the power conferred by said mortgage and every other power, for
  ____ dollars paid, grant to ______ , (complete mailing address) ______ , of ______ Street, Town (City) of ____ , ______ County, State of ______ , the premises conveyed by said mortgage. (Here add acknowledgment) (b) A deed substantially in the form set forth in subsection (a) of this section shall,
  when duly executed and delivered, have the force and effect of a deed in fee simple
  to the grantee, heirs, successors, and assigns, to their own use, with covenants on
  the part of the mortgagee, for himself or herself, that, at the time of the delivery
  of such deed, the mortgagee was duly authorized to make sale of the mortgaged property;
  that in all of the mortgagee’s proceedings in the sale thereof, the mortgagee has
  complied with the requirements of this subchapter; and that the mortgagee will warrant
  and defend the same to the grantee, heirs, successors, and assigns against the lawful
  claims of all persons claiming by, from, or under him or her. (Added 2011, No. 102 (Adj. Sess.), § 1.)