Deeds.com Real Estate Deeds
Deeds.com Account
Sign In

Florida Mortgage with Assignment of Rents and Promissory Note

Florida Mortgage with Assignment of Rents and Promissory Note Information

Use this mortgage for financing rental property. The mortgagor/borrower assigns the Lender the right to collect rents. The Lender waives the right to collect rents to the mortgagor/borrower until the occurrence of an event of default under the Promissory Note or the Mortgage. Upon the occurrence of an event of default, upon five (5) days written notice from Lender, the right of Mortgagor/borrower to collect such rents and profits may be revoked by Lender. 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.

Deeds.com Florida Mortgage with Assignment of Rents and Promissory Note Forms Have Been Updated as Recently as Tuesday November 15, 2022

4.8 out of 5 (3808 Reviews)

What others like you are saying:


Barbara S. said: Thanks for this service. I believe it will be all I need. Will know for sure within a week

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!


John T. said: Great site, I was able to navigate with ease. We appreciate all those who contributed in making this possible

Reply from Staff: Thank you!


Reitman R. said: Ordering, payment, and downloads went without a hitch. I appreciated the guide and examples. Than k you for hosting a good, working site.

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


Gail W. said: Deeds.com had the forms I needed, along with completed examples. Fast download. Easy to use site. Thanks!

Reply from Staff: Thank you!


Alan G. said: Using www.deeds.com was super ez even for a non-technical person like me, it saved me lots of time and the instructions and communications were great,I was able to file my deed online in half a day with most of that time taken up by the jurisdiction I filed with processing my submittal. I will use it again!

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Gerry C. said: Forms appear to be most current and instructions clear. Inserting grantor/grantee information onto form a bit "clunky" however no major issues. I will be using services again.

Reply from Staff: Thank you!


Deeds.com Real Estate Deeds

Use of Deeds.com Legal Forms. On our Site we make available for use self-help "fill in the blank" forms. If you use a form on our Site, you explicitly agree to our Terms of Use. You understand and agree that your purchase and/or use of a form document is neither legal advice nor the practice of law, and that each form and any applicable instructions or guidance is not customized to your particular needs, not guaranteed or warranted to be current, up to date, or accurate.

NO WARRANTY. Do It Yourself Legal Forms available on our Website are not guaranteed to be usable, correct, up to date, or fit for any legal purpose. Use of any Do It Yourself Legal Form from our website is done so AT YOUR OWN RISK.

If you use any Do It Yourself Legal Form available on Deeds.com, you agree that: TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE BE LIABLE FOR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR IN CONNECTION WITH THE LEGAL FORMS OR FOR ANY INFORMATION OR SERVICES PROVIDED TO YOU THROUGH THE DEEDS.COM WEBSITE. TO THE EXTENT THE FOREGOING LIMITATION OF LIABILITY IS PROHIBITED, OUR SOLE OBLIGATION TO YOU FOR DAMAGES WILL BE LIMITED TO $100.00.

Nothing on this website should be considered a substitute for the advice of an attorney.

© DEEDS.COM INC. 1997 - 2022 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334