My Account Real Estate Deeds

Florida Mortgage Instrument and Promissory Note

Use this mortgage for financing residential property, condominiums, planned unit developments and land. This mortgage and promissory note can be used for conventional financing or balloon payments. In Florida [every mortgage in which the final payment or the principal balance due and payable upon maturity is greater than twice the amount of the regular monthly or periodic payment of the mortgage shall be deemed a balloon mortgage; and, except as provided in subparagraph 2., there shall be printed or clearly stamped on such mortgage a legend in substantially the following form: THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $ , TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.] [697.05(2)(a)1]. A mortgage and promissory note with strict default terms can be beneficial to a party financing a real property.
For use in Florida Only. Florida Mortgage Instrument and Promissory Note Forms Have Been Updated as Recently as Friday October 15, 2021

4.8 out of 5 (3021 Reviews)

What others like you are saying:

Rhonda D. said: The boxes do not allow you to add the entire information. The after recording return to box would not let me add a zipcode.

Reply from Staff: Thanks for the feedback Rhonda, we’ll take a look at that input field.

Sandra W. said: I think this is going to be a very resourceful website, really have not had a chance to fully navigate yet. I look forward to accessing more.

Reply from Staff: Thank you!

Susan C. said: easy to use to get copy of documents. given your website by recorder in the country offices.

Reply from Staff: Thank you Susan, we appreciate your feedback.

CARMEN R J. said: Thank you intensly

Reply from Staff: Thank you!

Carol M. said: worked very well

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!

MICHAEL D. said: I had a wonderful experience and am looking forward to doing business with you again.

Reply from Staff: Thank you!

Florida Mortgage Instrument and Promissory Note Form