Which party in a deed of trust is responsible for repaying the loan?

In a deed of trust, the grantor is the party responsible for repaying the loan. This is because the grantor is the borrower who executes the deed of trust and pledges their property as security for the loan. The grantee is typically the lender, who receives the benefits of the loan repayment. The beneficiary, in this context, is the party entitled to receive the benefits of the deed of trust, which usually aligns with the lender. The settlor is not a relevant term in a deed of trust, as it more commonly relates to trusts rather than deeds for securing loans. Thus, identifying the grantor as the borrower clarifies their obligation to repay the loan as per the terms outlined in the deed.