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

Mississippi - Grenada County Deed of Trust and Promissory Note Forms

Express Checkout (Download)

Form Package
Deed of Trust and Promissory Note
State
Mississippi
Area
Grenada County
Price
$27.97
Delivery
Immediate Download

Payment Information

Included Forms

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


Grenada County Deed of Trust Form Page 1

Deed of Trust Form - Grenada County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 2/28/2023

Grenada County Deed of Trust Guidelines Page 1

Deed of Trust Guidelines - Grenada County

Line by line guide explaining every blank on the form.
Included document last updated 12/28/2022

Grenada County Completed Example of the Deed of Trust Page 1

Completed Example of the Deed of Trust - Grenada County

Example of a properly completed form for reference.
Included document last updated 1/11/2023

Grenada County Promissory Note Form Page 1

Promissory Note Form - Grenada County

Note that is secured by the Deed of Trust.
Included document last updated 1/9/2023

Grenada County Promissory Note Guidelines Page 1

Promissory Note Guidelines - Grenada County

Line by line guide explaining every blank on the form.
Included document last updated 12/20/2021

Grenada County Completed Example of the Promissory Note Document Page 1

Completed Example of the Promissory Note Document - Grenada County

Example of a properly completed form for reference.
Included document last updated 9/29/2022

Grenada County Subordination Clauses Page 1

Subordination Clauses - Grenada County

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 document last updated 2/1/2023

Grenada County Annual Accounting Statement Page 1

Annual Accounting Statement - Grenada County

Mail to borrower for fiscal year reporting.
Included document last updated 3/9/2023

Included Supplemental Documents

The Following Mississippi and Grenada County supplemental forms are included as a courtesy with your order.


Homestead Exemption Worksheets (Mississippi Document)


Certificate of Acknowledgment (Mississippi Document)


Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by Mississippi or Grenada 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.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the Grenada County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our Grenada 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.
  • 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 Grenada County that you need to transfer you would only need to order our forms once for all of your properties in Grenada County.
  • Are these forms guaranteed to be recordable in Grenada County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Grenada County including margin requirements, content requirements, font and font size requirements.
  • 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.
  • 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.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Deed of Trust and Promissory Note Forms:

  • Grenada County

Including:

  • Elliott
  • Gore Springs
  • Grenada
  • Holcomb
  • Tie Plant

What is the Mississippi Deed of Trust and Promissory Note?

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 selling/financing a house, rental property, condominium or small office building. For use in Mississippi Only.

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.

Our Promise

The documents you receive here will meet, or exceed, the Grenada 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 Grenada 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.

Customer Reviews:

4.8 out of 5 (3956 Reviews)


March 19th, 2023

Name: Daphne M.

Review: As always I found Deeds.com to be excellent. Every item required on the forms I chose was explained completely. The fact that documents are available from so many states is amazing. Daphne M.

Reply from Staff on March 19th, 2023

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


March 19th, 2023

Name: Kevin P.

Review: Just what my parents and I have been looking for to do a Quit Deed to transfer property into my name.

Reply from Staff on March 19th, 2023

Thank you!


March 19th, 2023

Name: edward d.

Review: used before awesome forms

Reply from Staff on March 19th, 2023

Thank you!


Name: Jim W.

Review: ALL I CAN SAY IS WOW. I AM SO GLAD THAT SOMEONE THOUGHT OF THIS OPROCESS FOR NON-TITLE COMPANIES, SMALL COMPANIES, ETC. I REALLY APPRECIATED THE SERVICE WHEN I RECORDED MY FIRST SET OF DOCS HERE. THEY WERE A MESS AND I HAD A LOT OF QUESTIONS. AGAIN THANK YOU!

Reply from Staff

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


Name: Qingqiu H.

Review: I ordered the wrong forms at first because I'm an idiot and didn't do my research. When I told the customer service about my error they were understanding.

Reply from Staff

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


Name: Lutalo O.

Review: Great tool for finding the best real estate forms!

Reply from Staff

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


Name: Karen T.

Review: Thank you for the feedback. I reviewed this with my client/friend and she is following up with the appropriate people, including the Police and a lawyer. Thank you for your help.

Reply from Staff

Thank you!


Name: SueAnn V.

Review: Thanks so much for the TOD Beneficiary Deed with the explanation, supplementary forms and great example! I just filed it today for the state of Colorado, in my county and it was accepted by the Clerk/Recorder. I really appreciate the thorough work that Deeds.com does. I definitely will use this site again and also recommend it to family and friends. Thanks again.

Reply from Staff

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


Name: Daniel S.

Review: Fast. Easy. More than I expected. Hope it all works with MD bureaucrats.

Reply from Staff

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


Name: Pamela H.

Review: With Deeds.com I was able to acquire the form I needed for a reasonable fee. Easy navigation, plus guidelines & example of how the finished form should be filled out. I was most pleased to download blank form so I could type into it and then save the blank form. Well organized informative tool. Highly recommend

Reply from Staff

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


Name: Terry S.

Review: I was very happy with the document package that I purchased. It contained all of the necessary documents and a few extras I had not thought about. Perhaps if you provided a link to download all of the documents with one click, it would make it a little easier.

Reply from Staff

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


Name: Gary G.

Review: I'm glad I found this service . Very useful. Time saving

Reply from Staff

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


Name: Precious M.

Review: great quick response

Reply from Staff

Thank you!


Name: Ivory J.

Review: Haven't processed any deed documents so far. I do agree that Deed.com website browsing tool will be helpful.

Reply from Staff

Thank you!


Name: Kathryn C.

Review: I truly appreciate you and you service for all you do to help me ThankYou kathrynchertock

Reply from Staff

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


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 - 2023 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334