Lincoln County Deed of Trust and Promissory Note Form

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

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

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

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

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

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

Lincoln 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.

Lincoln 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 Lincoln County documents included at no extra charge:
Where to Record Your Documents
Lincoln County Chancery Clerk
Brookhaven, Mississippi 39601 / 39602
Hours: 8:30 to 5:00 M-F
Phone: (601) 835-3452
Recording Tips for Lincoln County:
- Bring your driver's license or state-issued photo ID
- Documents must be on 8.5 x 11 inch white paper
- Check margin requirements - usually 1-2 inches at top
- Recording fees may differ from what's posted online - verify current rates
Cities and Jurisdictions in Lincoln County
Properties in any of these areas use Lincoln County forms:
- Bogue Chitto
- Brookhaven
- Ruth
Hours, fees, requirements, and more for Lincoln County
How do I get my forms?
Forms are available for immediate download after payment. The Lincoln 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 Lincoln County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lincoln 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 Lincoln 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 Lincoln County?
Recording fees in Lincoln County vary. Contact the recorder's office at (601) 835-3452 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 Lincoln 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 Lincoln County.
Our Promise
The documents you receive here will meet, or exceed, the Lincoln 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 Lincoln 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 - ( 4581 Reviews )
LINDA S.
November 11th, 2020
One thing I would suggest that could be changed is the last page because we have a trust and I had to retype that page to include the trust and both trustee's signatures.
Thank you!
Donna L.
August 15th, 2023
Documents were easy to complete!
Thank you for your feedback. We really appreciate it. Have a great day!
Herbert R.
November 12th, 2022
Your website was very helpful. Hopefully, I will have it completed correctly prior to use.
Thank you for your feedback. We really appreciate it. Have a great day!
Meridith B.
January 27th, 2021
Well, When I got the question right I got the answers right from Claim Deed. In the end it all worked out very, very good. I'm pleased with the deed and the price was very fair. Thank you for answering all my crazy questions. Now all we have to do is go to UPS and sign it. Thank, again.
Thank you!
Russell L.
November 9th, 2021
Your Personal Representative's Deed and example for the state of PA were extremely helpful. Exactly what I needed! Two feedback comments: 1. Valuation Factors/Short List in my download is an outdated table dated July 2020. The PA Dept of Revenue website has a more current table dated June 2021. (Maybe same for Valuation Factors/Long List, which I didn't use.) 2. Notarization section on deed page 3 has a gender-related input needed, which confused the Notary Public representative where I live in the state of CO. Notary input the word she to apply to my wife, but wasn't clear to him if the gender input applied to the Grantor or the Notary. He assumed Grantor. Also in our non-binary world, some might find that wording offensive. Thanks again for your documents. Russ Lewis
Thank you!
Sherry C.
September 9th, 2020
The experience was great. It was so easy to get my document recorded and it was done the same day!
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arturo b d.
September 30th, 2021
just what I needed...thanks
Thank you!
john g.
January 11th, 2019
no problems got what i needed.
Thanks John.
Paula M.
October 15th, 2021
So far it seems good. I am still trying to send information to this company so they can help me with the deed.
Thank you for your feedback. We really appreciate it. Have a great day!
William C.
August 28th, 2019
Great service and fast also
Thank you!
ROBERTA G K.
May 21st, 2023
I have looked and finally found a reliable source of updated legal documents that are current with local and state law that I can be readily downloaded for review, reference and use.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Lori W.
January 24th, 2020
Disclaimer letter was just what I needed. Download worked without a hitch.
Thank you for your feedback Lori, we really appreciate it. Have a fantastic day!
NATALIE A.
January 6th, 2021
The form was very easy to use and the sample tool you had was very helpful. the only problem i had was saving the document and then trying to find it later. I finally was able to figure out how to save it. but i still cannot find the saved document on my computer. Luckily i printed it before i closed it and did not need to make any changes.
Thank you for your feedback. We really appreciate it. Have a great day!
Donald C.
February 22nd, 2019
No review provided.
Thank you!
AHMED E.
August 23rd, 2019
5 stars
Thank you!