Go to Public Legal Home
  • Forms
    • Legal Forms Home
    • Business
    • Buying & Selling
    • Borrowing & Lending
    • Business Ventures
    • Credit & Collection
    • Employment
    • Leases & Real Estate
    • Protection of Rights
    • Transfers & Assigns
    • Personal
    • Last Wills & Estates
    • Marital & Family
    • Name Change
    • Power of Attorney
    • Health Care
  • Profession
    • 350 Largest Law Firms
    • Legal Salaries
    • CLE
    • Lawyers & Firms
    • Legal Associations
    • Legal Experts
    • Legal Forms Sources
    • Business Entity Forms
  • Academics
    • Law School Rankings
    • Law School Profiles
    • Law School Salaries
    • Law School Tuition
    • Law School Outlines
    • External, 3rd Party
    • Rankings Sources
    • Law Journals
    • Law Students
    • Pre-Law
  • Research
    • U.S. State Gov't
    • U.S. Federal Gov't
    • Legal Indices
    • Statutes & Codes
  • About
    • About Us
    • Contact Us
    • Testimonials
    • Terms of Use
    • Privacy Policy
  • Forms
  • Firms
  • Schools
    1. you are here:
    2. forms menu
    3. leases & real
    4. mortgage deed
    1. you are here:
    2. forms menu
    3. leases & real estate
    4. mortgage deed
    1. you are here:
    2. forms menu
    3. leases & real estate
    4. mortgage deed

    Mortgage Deed

    Instant Download - Only $9.99

    • Professional MS Word & PDF formatting Microsoft Word Adobe PDF
    • Fully editable & reusable
    • Lifetime updates
    • Accuracy guarantee

    MORTGAGE DEED

    This Mortgage is given by ______________________________________, hereinafter called Borrower, of ____________________________ to ______________________________________, hereinafter called Lender, which term includes any holder of this Mortgage, to secure the payment of the PRINCIPAL SUM of $________________ together with interest thereon computed on the outstanding balance, all as provided in a Note having the same date as this Mortgage, and also to secure the performance of all the terms, covenants, agreements, conditions and extensions of the Note and this Mortgage.

    In consideration of the loan made by Lender to Borrower and for the purpose expressed above, the Borrower does hereby grant and convey to Lender, with MORTGAGE COVENANTS, the land with the buildings situated thereon and all the improvements and fixtures now and hereafter a part thereof, being more particularly described in Exhibit A attached hereto and made a part hereof and having a street address of:


                    (Attach Property Description)


    Borrower further covenants and agrees that:

    1. No superior mortgage or the note secured by it will be modified without the consent of Lender hereunder.

    2. Borrower will make with each periodic payment due under the Note secured by this Mortgage a payment sufficient to provide a fund from which the real estate taxes, betterment assessments and other municipal charges which can become a lien against the mortgaged premises can be paid by Lender when due. This provision shall be effective only in the event that a fund for the same purpose is not required to be established by the holder of a senior mortgage.

    3. In the event that Borrower fails to carry out the covenants and agreements set forth herein, the Lender may do and pay for whatever is necessary to protect the value of and the Lender's rights in the mortgaged property and any amounts so paid shall be added to the Principal Sum due the Lender hereunder.

    4. As additional security hereunder, Borrower hereby assigns to Lender, Borrower's rents of the mortgaged property, and upon default the same may be collected without the necessity of making entry upon the mortgaged premises.

    5. In the event that any condition of this Mortgage or any senior mortgage shall be in default for fifteen (15) days, the entire debt shall become immediately due and payable at the option of the Lender. Lender shall be entitled to collect all costs and expenses, including reasonable attorney's fees incurred.

    6. In the event that the Borrower transfers ownership (either legal or equitable) or any security interest in the mortgaged property, whether voluntarily or involuntarily, the Lender may at its option declare the entire debt due and payable.

    7. This Mortgage is also security for all other direct and contingent liabilities of the Borrower to Lender which are due or become due and whether now existing or hereafter contracted.

    8. Borrower shall maintain adequate insurance on the property in amounts and form of coverage acceptable to Lender and the Lender shall be a named insured as its interest may appear.

    9. Borrower shall not commit waste or permit others to commit actual, permissive or constructive waste on the property.

    10. Borrower further covenants and warrants to Lender that Borrower is indefeasibly seized of said land in fee simple; that Borrower has lawful authority to mortgage said land and that said land is free and clear of all encumbrances except as may be expressly contained herein.

    This Mortgage is upon the STATUTORY CONDITION and the other conditions set forth herein, for breach of which Lender shall have the STATUTORY POWER OF SALE to the extent existing under State law.

    Executed under seal this _____ day of _________________, 20_____.

    BORROWER:


    _______________________________________
    [Signature of Borrower]

    _______________________________________
    [Printed or Typed Name of Borrower]


    LENDER:



    _______________________________________
    [Signature of Lender]

    _______________________________________
    [Printed or Typed Name of Lender]


    WITNESS #1:



    _______________________________________
    [Signature of Witness #1]

    _______________________________________
    [Printed or Typed Name of Witness #1]


    WITNESS #2:


    _______________________________________
    [Signature of Witness #2]

    _______________________________________
    [Printed or Typed Name of Witness #2]

     

    ACKNOWLEDGMENT

    STATE OF _______________________
    COUNTY OF _______________________

    On________________________________before me, ___________________________________________________, personally appeared ___________________________________________________, ___________________________________________________, ___________________________________________________, and ___________________________________________________ personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

    WITNESS my hand and official seal.


    Signature: _____________________________


    Affiant: ____ Known ____ Unknown

    ID Produced: _____________________

    (Seal)


    Other Forms You May Need

    • Assignment of Mortgage
    • Release of Mortgage
    • General Release
    • Line of Credit Promissory Note, includes Loan Amortization Schedule Calculator (MS Excel)

    Instant Download - Only $9.99

    • Professional MS Word & PDF formatting Microsoft Word Adobe PDF
    • Fully editable & reusable
    • Lifetime updates
    • Accuracy guarantee
    "Are these forms valid in my state?" At ILRG, we are committed to delivering top quality legal forms that are valid in all states. We will pay $50 to anyone who brings to our attention any form on our site that is not compliant with U.S. state law. See the terms and conditions for this offer for further information. ILRG guarantees your complete satisfaction with your purchase. If you are not 100 percent satisfied after purchasing from us, contact us for a full refund.

    No Ads, No Affiliates, No Subscription Plans, No Hidden Fees, No Sharing Your Data. PublicLegal is a socially motivated website that provides information about the law while respecting your rights and privacy. View our privacy policy.

    Legal Forms

    Business
    Buying & Selling
    Borrowing & Lending
    Business Ventures
    Credit & Collection
    Employment
    Leases & Real Estate
    Protection of Rights 
    Transfers & Assigns

    Personal
    Last Wills & Estates
    Marital & Family
    Name Change
    Power of Attorney
    Health Care

    Legal Profession

    350 Largest Law Firms
    Legal Salaries
    CLE
    Lawyers & Firms
    Legal Associations
    Legal Experts
    Legal Forms Sources
    Business Entity Forms

    Legal Academics

    Law School Rankings
    Law School Profiles
    Law School Salaries
    Law School Tuition
    Law School Outlines

    External, 3rd Party
    Rankings Sources
    Law Journals
    Law Students
    Pre-Law

    Legal Research

    U.S. State Gov't
    U.S. Federal Gov't
    Legal Indices
    Statutes & Codes



    About

    About Us
    Contact Us
    Testimonials
    Terms of Use
    Privacy Policy

    © 1995-2025 Internet Legal Research Group

    An operating division of PublicLegal LLC

    Reproduction in whole or in part without permission is prohibited.


    Truste seal 4b8271a7147141530b4450016f74d728419e6cea808360acdf2c25ce1ab6cf96