Texas Property Code - PROP § 51.0001. Definitions

(1) “Book entry system” means a national book entry system for registering a beneficial interest in a security instrument that acts as a nominee for the grantee, beneficiary, owner, or holder of the security instrument and its successors and assigns.

(2) “Debtor's last known address” means:

(3) “Mortgage servicer” means the last person to whom a mortgagor has been instructed by the current mortgagee to send payments for the debt secured by a security instrument. A mortgagee may be the mortgage servicer.

(4) “Mortgagee” means:

(5) “Mortgagor” means the grantor of a security instrument.

(6) “Security instrument” means a deed of trust, mortgage, or other contract lien on an interest in real property.

(7) “Substitute trustee” means a person appointed by the current mortgagee or mortgage servicer under the terms of the security instrument to exercise the power of sale.

(8) “Trustee” means a person or persons authorized to exercise the power of sale under the terms of a security instrument in accordance with Section 51.0074.