Leake County Deed of Trust and Promissory Note Form

Leake County Deed of Trust Form
Fill in the blank form formatted to comply with all recording and content requirements.

Leake County Deed of Trust Guidelines
Line by line guide explaining every blank on the form.

Leake County Completed Example of the Deed of Trust
Example of a properly completed form for reference.

Leake County Promissory Note Form
Note that is secured by the Deed of Trust.

Leake County Promissory Note Guidelines
Line by line guide explaining every blank on the form.

Leake County Completed Example of the Promissory Note Document
Example of a properly completed form for reference.

Leake 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.

Leake County Annual Accounting Statement
Mail to borrower for fiscal year reporting.
All 8 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Mississippi and Leake County documents included at no extra charge:
Where to Record Your Documents
Leake County Chancery Clerk
Carthage, Mississippi 39051
Hours: 8:30 to 4:30
Phone: (601) 267-7371
Recording Tips for Leake County:
- Ask about their eRecording option for future transactions
- Recording fees may differ from what's posted online - verify current rates
- Avoid the last business day of the month when possible
- Leave recording info boxes blank - the office fills these
- Some documents require witnesses in addition to notarization
Cities and Jurisdictions in Leake County
Properties in any of these areas use Leake County forms:
- Carthage
- Lena
- Madden
- Thomastown
- Walnut Grove
Hours, fees, requirements, and more for Leake County
How do I get my forms?
Forms are available for immediate download after payment. The Leake County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Leake County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Leake County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Leake County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Leake County?
Recording fees in Leake County vary. Contact the recorder's office at (601) 267-7371 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Leake County to use these forms. Documents should be recorded at the office below.
This Deed of Trust and Promissory Note meets all recording requirements specific to Leake County.
Our Promise
The documents you receive here will meet, or exceed, the Leake 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 Leake 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 - ( 4580 Reviews )
Robert M.
February 22nd, 2020
Best site of its kind I have ever found. Informative, intuitive, and best of all, everything worked on the first try. I will be HAPPY to recommend it. --- A retired full prof of business administration
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
RICHARD M.
May 12th, 2020
After a little glitch due to heavy volume at the County Recorder, my document was recorded. County Recorder was closed to public access at the office (due to the coronavirus issues) so all documents were either mailed to them or sent in electronically. Deeds.com was very efficient at their end with very quick responses to my questions and concerns. I would definitely use their services again.
Thank you for your feedback. We really appreciate it. Have a great day!
Margaret S.
March 16th, 2020
Great experience, quick and easy, thank you!
Thank you for your feedback. We really appreciate it. Have a great day!
Linley S.
April 22nd, 2020
This website is extremely easy to use and provides exactly what is needed to record things. I am very appreciative of this service, especially when I can't get to the court right now due to them being closed due to COVID-19 right now. Thank you!
Thank you Linley, glad we are able to help.
Camesha Y.
January 10th, 2019
Was working with a notary client that need to do a deed. We got on this site, ordered the blank forms, he filled them out and we printed them so he could sign. Really clean forms, easy to understand and complete in a hurry. I will be letting all my clients know about this site.
That's terrific Camesha, glad to hear. Have a great day!
Ajinder M.
June 18th, 2020
wonderful. saved my time and energy. Absolutely love this service. All the best AJ
Thank you!
John L.
April 22nd, 2023
WOW, This site saved me from going to a lawyer. Not only do they give you great directions, they also include a sample that is extremely helpful.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Salvatore R.
January 18th, 2023
It was fast and easy to find.
Thank you!
Vicki A.
October 29th, 2023
Very fast and easy to use.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Lydia E.
December 16th, 2021
Very intuitive to use and comprehensive enough for the most complex of cases.
Thank you!
James J.
October 2nd, 2021
Thank you for service. The deed process was easy to complete. My new deed was accepted by the county clerk and the tax assessors office.
Thank you for your feedback. We really appreciate it. Have a great day!
Ralph H.
May 13th, 2019
It had all the info I was looking for!
Thank you Ralph, we appreciate your feedback.
Julie S.
April 3rd, 2020
My county clerks office referred me to this website and I am so glad she did. This site is very easy to use, they do NOT try to sell you other things you don't need (or want) nor do they make you sign up for anything. Pick what you need and whalaa - there for you in seconds. Thank you so much - will use again should the need arise. JS
Thank you for your feedback. We really appreciate it. Have a great day!
Filomena G.
March 8th, 2025
very helpful
Thank you!
Thomas J.
February 22nd, 2024
Seems to be just what I needed. I will certainly keep your services handy in the future. I will recommend your site whenever I can.
We are delighted to have been of service. Thank you for the positive review!