Mortgage Note Template

This mortgage note template has 2 pages and is a MS Word file type listed under our real estate documents.

Sample of our mortgage note template:

MORTGAGE NOTE This Mortgage Note (the "Agreement") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Mortgagor"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [MORTGAGEE NAME] (the "Mortgagee"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS FOR VALUE RECEIVED the undersigned Mortgagor jointly and severally promise(s) to pay to the order of Mortgagee the principal sum of [AMOUNT] together with interest thereon from date at the rate of [%] per annum until maturity, said principal and interest being payable monthly on the [DAY] of each and every month in lawful money of the [COUNTRY] beginning on [DATE], in monthly installments of [AMOUNT], and continuing thereafter until [DATE], or until said principal and interest have been paid in full, at [ADDRESS], or at such other place as the holder hereof may designate in writing from time to time. INSTALLMENT PAYMENT Each installment payment shall be credited first to the interest then due, and the remainder to the principal. GUARANTY This Note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of said Mortgagee