Mortgage Note
MORTGAGE NOTE
FOR VALUE RECEIVED the undersigned promises(s) to pay to the order of
____________________________whose postal address is __________________________________
The principal sum of _____________________________________________________________________
The payments are as follow,
Payments due on the ______ of each month, starting _____________ A ________late fee will be
charged after ____ days from due date.
( No pre-payment penalty )
This note is secured by a mortgage on the real estate located at
_________________________________________________
Folio #
Legal Description:
Each maker and endorser severally waives demand, protest and notice of maturity. Non-payment or protest and all requirements necessary to hold each of them liable as makers and endorsers and, should litigation be necessary to enforce this note, each maker and endorser waives trial by and consents to the personal jurisdiction and venue of a court of subject matter jurisdiction located in the State of and County of
Each maker and endorser further agrees, jointly and severally, to pay all costs of collection, including a reasonable attorney's fee in case the principal of this note or any payment is not paid at the respective maturity thereof. This note is to be construed and enforced according to the laws of the State of Default shall include, but not be limited to non-payment of any respective installment within (15) days from the due date set out herein.
Unless specifically disallowed by law, should litigation arise hereunder, service of process therefore may be obtained through certified mail, return receipt requested; the parties hereto waiving any and all rights they may have to object to the method by which service was perfected.
______________________________ __________________________________
Witness
______________________________ __________________________________
Witness
STATE OF COUNTY OF:
Before me personally appeared _________________________________
to me well known and known to me to be the person described in and who executed the foregoing instrument, and acknowledged to and before me that he executed said instrument for the purposes therein expressed.
WITNESS my hand and official seal in the State and County aforesaid, this day of 2010
____________________
Notary Public
State of
__________________
My Commission
Expires
*
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