Probate Court Form No. 120
(page 1 0f 2)
Motion for License to Mortgage or
Lease
STATE OF VERMONT PROBATE COURT
DISTRICT OF _______________________ DOCKET NO. ______________
IN RE TRUST OF ______________________________________
FOR THE BENEFIT OF _________________________________
MOTION FOR LICENSE TO SELL
I, _____________________________, Trustee of the above entitled trust estate move the court for
a license to (mortgage) (lease) personal or real estate of the trust estate described as follows (if real estate,
provide description from current deed, and book and page where deed is recorded):
____________________________________________________________________________________
____________________________________________________________________________________
_____________________________________________________________________________________
In support of this motion, I state:
( ) That the proposed mortgage is necessary because ____________________________________
___________________________________________________________________________
That the amount to be raised is ___________________________________________________
That the nature and amount of the obligation to be secured is ___________________________
( )That the proposed lease is necessary or expedient because_______________________
That the proposed term of the lease is _____________________________________________
That the proposed lessee is ______________________________________________________
( ) That the proposed (mortgage) (lease) is authorized under the provisions of Article_________of
the Will.
Dated at North Hero, Vermont this ________ day of _______________, 20_____.
_________________________________
Trustee
At ____________ Vermont on the ___________ day of ________________, 20_____ appeared and
made solemn oath that _____________________ would faithfully discharge the duties of trustee in making
the mortgage or lease above described as in _________ judgment would be most beneficial to the trust and
according to law.
Before me, ________________________________
Probate Judge/Register/Notary Public
Probate Court Form No. 120
(page 2 of 2)
Motion for License to Mortgage or
Lease
IN RE TRUST OF ____________________________
FOR THE BENEFIT OF _______________________
CONSENT OF INTERESTED PERSONS
By our signatures below, we, the persons in this proceeding, consent to the granting of the license.
We understand that if all the interested persons do not sign below, the motion may be denied or a hearing
will be set by the court and notice of that hearing will be given to all interested persons by the application
or the court.
Signature Print Name Date
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