Arkansas Mortgage Secured by Promissory Note
County Specific Legal Forms Validated as recently as May 20, 2026 by our Forms Development Team
About the Arkansas Mortgage Secured by Promissory Note
How to Use This Form
- Select your county from the list on the left
- Download the county-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your county recorder's office
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("Mortgage" means the grant of an interest in real property to be held as security for the performance of an obligation by the mortgagor or other person.) (18-50-101 (4))
Once (filed in the recorder's office) the mortgage becomes a (lien on the mortgaged property). (The filing shall be notice to all persons of the existence of the mortgage.) (18-40-102)
The (Mortgagor)/ Borrower grants (an interest in real property as security for the performance of an obligation secured by a mortgage.) (18-50-101 (8))
The (Mortgagee)/Lender holds (an interest in real property as security for the performance of an obligation secured by a mortgage.) (18-50-101 (7))
The borrower must also complete a promissory note. A promissory note is a negotiable instrument that contains an unconditional written promise, signed by the borrower, to repay the lender or its designated agent. It defines the amount and specific terms of the loan between the borrower and the lender (interest rates, default rate, late payment fee, etc.), and must be completed at the same time as the security instrument. Many lenders retain the promissory note for the duration of the mortgage and return it to the borrower after the debt is repaid.
Use these forms for real property, land, single family, condominiums, small commercial and rental units (up to 4). The promissory note can be used for traditional installment and balloon payments. In Arkansas, the Mortgagor/Borrower has the right to redeem the property if it is sold through decree of the circuit court/foreclosure. (This may be done at any time within one (1) year from the date of sale). [The mortgagor may waive the right of redemption in the mortgage so executed and foreclosed.] In this form the Mortgagor/Borrower releases their right of redemption. They also relinquish their rights of homestead (if any). These terms can be beneficial to the Mortgagee/Lender if default occurs. (18-49-106 (2)) [18-49-106 (b)]
(Arkansas Mortgage Package includes forms, guidelines, and completed examples) For use in Arkansas Only.
How to Use This Form
- Select your county from the list above
- Download the county-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your county recorder's office
What Others Like You Are Saying
"Good find, provides guide to use."
"I am mostly satisfied with my Deeds.Com experience. Not sure if you can do anything about this, but …"
"They were very responsive although not able to find the document I was requesting. Will be checking …"
"The county clerk accepted your mineral deed. It was a blessing finding your deed and instructions fo…"
"Great forms! Repeat customer here, wouldn't go anywhere else."
Common Uses for Mortgage Secured by Promissory Note
- Record a partial reconveyance to release a portion of collateral
- Document the reconveyance of a property after loan payoff
- Subordinate a second mortgage to allow refinancing
- Establish priority of a mortgage or deed of trust
- Subordinate an existing mortgage to a new loan
- Release a lien after a debt has been paid in full
- Release a property from a deed of trust after loan payoff
Compare other Arkansas deed forms and documents
Important: County-Specific Forms
Our mortgage secured by promissory note forms are specifically formatted for each county in Arkansas.
After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.