White County Mortgage Secured by Promissory Note Form

Additional Arkansas and White County documents included at no extra charge:

Where to Record Your Documents

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Cities and Jurisdictions in White County

Properties in any of these areas use White County forms:

• Bald Knob
• Beebe
• Bradford
• El Paso
• Garner
• Griffithville
• Higginson
• Judsonia
• Kensett
• Letona
• Mc Rae
• Pangburn
• Romance
• Rose Bud
• Russell
• Searcy
• West Point

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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.

Important: Your property must be located in White County to use these forms. Documents should be recorded at the office below.

This Mortgage Secured by Promissory Note meets all recording requirements specific to White County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable White County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

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