My philosophy is to do only what is told to me or evident. Nothing more, nothing less. If the note, DOT/mortgage and riders >>do not<< have a place for initials, and there are >>no instructions about initialing<<, then the instruments do not get initialed.
If there are the "Initial ______" lines, or specific instructions that state that each page of the instrument must be initialed, then I instruct the borrowers that they need to initial each page. (Sometimes, even the signature page and the notary certificate page.) Further, if the DOT/mortgage requires initialing, then chances are the riders do too. And, if the legal description (Exhibit "A") is an attachment to the DOT/mortgage that requires initials, I have the borrowers initial it as well. |
