Desoto County Deed of Trust and Promissory Note Form (Mississippi)

All Desoto County specific forms and documents listed below are included in your immediate download package:

Deed of Trust Form

Desoto County Deed of Trust Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Desoto County compliant document last validated/updated 6/24/2025

Deed of Trust Guidelines

Desoto County Deed of Trust Guidelines

Line by line guide explaining every blank on the form.
Included Desoto County compliant document last validated/updated 6/3/2025

Completed Example of the Deed of Trust

Desoto County Completed Example of the Deed of Trust

Example of a properly completed form for reference.
Included Desoto County compliant document last validated/updated 6/27/2025

Promissory Note Form

Desoto County Promissory Note Form

Note that is secured by the Deed of Trust.
Included Desoto County compliant document last validated/updated 6/23/2025

Promissory Note Guidelines

Desoto County Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Desoto County compliant document last validated/updated 6/16/2025

Completed Example of the Promissory Note Document

Desoto County Completed Example of the Promissory Note Document

Example of a properly completed form for reference.
Included Desoto County compliant document last validated/updated 4/15/2025

Subordination Clauses

Desoto County Subordination Clauses

Used to place priority on claim of debt. Included are 4 clauses for unique situations. If needed, add to Deed of Trust as an addendum or rider.
Included Desoto County compliant document last validated/updated 6/2/2025

Annual Accounting Statement

Desoto County Annual Accounting Statement

Mail to borrower for fiscal year reporting.
Included Desoto County compliant document last validated/updated 5/2/2025

The following Mississippi and Desoto County supplemental forms are included as a courtesy with your order:

When using these Deed of Trust and Promissory Note forms, the subject real estate must be physically located in Desoto County. The executed documents should then be recorded in the following office:

DeSoto County Chancery Clerk

Courthouse - 2535 Highway 51 S, Rm 104 / P.O. Box 949, Hernando, Mississippi 38632

Hours: 8:30 to 4:30 M-F

Phone: (662) 429-8005

Local jurisdictions located in Desoto County include:

  • Hernando
  • Horn Lake
  • Lake Cormorant
  • Nesbit
  • Olive Branch
  • Southaven
  • Walls

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Desoto County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Desoto County using our eRecording service.
Are these forms guaranteed to be recordable in Desoto County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Desoto County including margin requirements, content requirements, font and font size requirements.

Can the Deed of Trust and Promissory Note forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Desoto County that you need to transfer you would only need to order our forms once for all of your properties in Desoto County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Mississippi or Desoto County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Desoto County Deed of Trust and Promissory Note forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

In Mississippi, a Deed of Trust (DOT) is the most commonly used instrument to secure a loan. If the DOT has a "Power of Sale" clause, foreclosure can be done non-judicially, saving time and expense, because the trustee doesn't require the court's involvement. This process is called a Trustee Sale. Explained in Mississippi 89-1-55 - "How lands sold under mortgages and Deeds in Trust"
There are three parties in this Deed of Trust:
1- The Grantor (Borrower)
2- Beneficiary (Lender) and a
3- Trustee (Neutral Third Party)
Basic Concept. The Grantor (Borrower) conveys property title to a Trustee (Neutral Party). A Trustee or beneficiary/Lender can take action against any person for damages.

(The beneficiary or holder of any deed of trust, including his agents, employees, successors, assigns, attorneys-in-fact or other legal representatives, may appoint a trustee or substitute a trustee, with or without the permission of the mortgagor or mortgagors. The trustee or substitute trustee so appointed may be a natural person, partnership, corporation, limited liability company, professional association or any other legal entity.) (MS Code 89-1-63)(3))

Debtors/Borrowers shall be in default under the provisions of this Deed of Trust if Debtor
(a) shall fail to comply with any of Debtor's covenants or obligations contained herein,
(b) shall fail to pay any of the Indebtedness secured hereby, or any installment thereof or interest thereon, as such Indebtedness, installment or interest shall be due by contractual agreement or by acceleration,
(c) shall become bankrupt or insolvent or be placed in receivership,
(d) shall, if a corporation, a partnership or an unincorporated association, be dissolved voluntarily or involuntarily, or
(e) if Secured Party in good faith deems itself insecure and its prospect of repayment seriously
impaired.

This form can be used by a party financing residential property, rental property, condominiums or small office buildings. Note: if the property being financed is rental, see (Assignment of Leases and Rents Form) it acts to induce the lender to finance.

Promissory Note secured by Deed of Trust
A Deed of Trust and Promissory Note are usually executed/signed at the same time. The Promissory Note contains the finance terms.
Details:

1. Dollar amount of Principle Owed

2. Installment payments or Balloon payment (common with owner financing, borrower can establish history of payments and equity, which banks attractive when financing)
3, Late Charges, $ owed after so many days, with $ owed for each additional day.

4. Default Rate: If Borrowers go into default an increased interest rate is charged, until note is out of default.

5. Overdue Loan Fee: In addition to any other remedies available to Lender if this Note is not paid in full at the Maturity Date, Borrowers shall pay to Lender an Overdue Loan Fee, which fee shall be due at the time this Note is otherwise paid in full. The "Overdue Loan Fee" shall be determined based upon the outstanding principal balance of this Note as of the Maturity Date and shall be:
(a) one percent (1.0%) Of such principal balance if the Note is paid in full on or after thirty (30) days after the Maturity Date but less than sixty (60) days after the Maturity Date, or
(b) two percent (2.0%) of such principal balance if the Note is paid in full on or after sixty (60) days after the Maturity Date.

The obligations of Borrower to Lender under this Note and the Additional Obligations herein remain in full force and effect until Lender has received payment in full of all obligations.
This Note and the Loan Documents are made in and shall be governed by the State of Mississippi. Upon Lender's request, the venue of any legal action in connection with this Note or the Loan Documents shall be in _________County, Mississippi.

Attorney's Fees and Costs: Borrower shall pay all costs incurred by Lender in collecting sums due under this Note after a default, including reasonable attorneys' fees, whether or not suit is brought.

This Deed of Trust and Promissory Note, has stringent default terms and is suitable to owner selling/financing or investor financing.

(Mississippi DOT Package includes forms, guidelines, and completed examples) For use in Mississippi only.

Our Promise

The documents you receive here will meet, or exceed, the Desoto County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Desoto County Deed of Trust and Promissory Note form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4562 Reviews )

MARY LACEY M.

June 30th, 2025

Great service! Recording was smooth and swiftly performed. Deeds.com is an excellent service.rn

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Robert F.

June 30th, 2025

Breeze.... It feels silly to hire an attorney to do this for just one beneficiary. Thanks.

Reply from Staff

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Pauline C.

June 29th, 2025

Everything that was stated to be included in my order was complete. Very satisfied

Reply from Staff

Thank you for your positive words! We’re thrilled to hear about your experience.

Gisela A.

April 11th, 2019

Great selection of documents. Properly formatted form also included great instructions and the example was very helpful. Filed it myself - no problem!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Tom D.

May 4th, 2019

I have one suggestion and couple of question

I would think that most TOD's would be from married couples. It would be real helpful to have a example of the I(we) block for married couples.

Why would I check or not check the "property is registered (torrents)"

Do I need a notarized signature of the Grantee

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Solomon L.

October 10th, 2024

Great communication, this was my first e-recording.

Reply from Staff

Your feedback is greatly appreciated. Thank you for taking the time to share your experience!

Dean L.

October 29th, 2019

The template isn't that easy to work with, with you have to type out large amounts of text. Also copy and paste doesn't seem to work. Furthermore, the code listed on the guide is out of date. However, the DQC is decent in that it has all the required fields you need.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Margaret S.

March 19th, 2019

Forms & Guide easy to use. It would have been helpful if the counties with identical form packages were identified. I bought two packages when I could have used one.

Reply from Staff

Thank you for your feedback Margaret. We have processed a refund for one of your payments. Have a great day.

Amy R.

January 8th, 2025

Forms I was looking for were easy to find, easy to download and accessible at any time in my account.

Reply from Staff

We are grateful for your feedback and looking forward to serving you again. Thank you!

Pamela B.

May 29th, 2021

The process was not difficult but I don't think that it suited my needs.
There were several fields that were not applicable to me but I had to enter something to proceed.
I also filled out the other form and mailed it in with some documentation that the electronic service did not ask for.
Questions of my attempt are still unanswered. I hope I didn't waste time with this process. We shall see.
Thank you.

Reply from Staff

Thank you!

SHARON R.

September 12th, 2019

Excellent Service! Please note that form Realty Transfer Tax Statement of Value does not print completely. Part of the pages are cut off. Otherwise, excellent service.

Reply from Staff

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Sherri S.

July 3rd, 2019

Appreciate your diligent assistance.

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Caroline K.

August 16th, 2019

SIMPLE, THAT IS GOOD

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Charlotte H.

July 16th, 2022

Easy to use and download. Everything we needed with a guide for accuracy.

Reply from Staff

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Gloria J.

July 23rd, 2021

I needed a Missouri Notice of Intent to Sell without a named designated buyer. Mo Statutes require notice be notarized and filed 45 days before any closing to protect buyer from liens. You do not have that document. We are flipping a house so it must be filed. Our lawyer was on vacation. Cannot find one anywhere on net. Finally got a template from our title company.

Reply from Staff

Thank you for your feedback Gloria.