Mortgage Deed and Security Instrument with Statutory Power of Sale
Use this form for financing real property, vacant land, rental units and small commercial property. (No conveyance in writing of lands shall be defeated nor any estate encumbered by an agreement unless it is inserted in the condition of the conveyance and made part thereof, stating the sum of money to be secured, or other thing to be performed.) (NH Rev Stat 479:2)
In order to record a mortgage it must contain (in the first sentence of the first description paragraph, the names of all municipalities in which the property is located)(NH Rev Stat 478:4-a(b))
(The words ""statutory power of sale'' shall be understood as giving the mortgagee and executors, administrators, successors and assigns the right, upon any default of the performance of the statutory condition as defined in paragraph II, or any other condition contained in the mortgage, to foreclose by sale under the provisions of RSA 479:25-27-a inclusive.) (NH Rev Stat Section 477:29 III) This can be very beneficial to the lender upon a default.
The Promissory Note also contains stringent terms and conditions such as late fees, default rates, obligations, etc. Can be used for conventional or balloon financing.
For use in New Hampshire only.
Deeds.com New Hampshire Mortgage Deed and Security Agreement Forms Have Been Updated as Recently as Friday August 19, 2022
What others like you are saying:
Daniel R. said: Could have had Clerk's certification of mailing form after it is recorded. Not fatal, but I did have to resort to reading the statute as well.
Reply from Staff: Thank you!
Charles H. said: Website is user-friendly and very helpful, butI will have to wait until I submit my documents to the Clerk of Court to see if they are acceptable.
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Joel B. said: I would have liked more room in the text fields for describing the potential claim. had to use Exhibit A. Could not delete Exhibit B. Alo would like to have a custom footer - not deeds.com. Unprofessional.
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Jose G. C. said: It was OK but unfortunately useless. The jurisdictions are now requesting that documents such as Notices of Commencement not only be recorded at their offices, but also certified. This last service is not provided by Deeds, or at least I could not find it in your website and did not receive a response when I asked if you did. Thus, we are going back to traditional means of recording/certifying
Reply from Staff: Thank you for your feedback Jose. We do hope that you find something more suitable to your needs elsewhere. Have a wonderful day.
Fabio S. said: Fast, Easy and with great assistance! I will definitely use their services again!
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Jane N. said: This worked. Saved me a trip to get a copy of a deed. Cost less than the parking fee. Very convenient.
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!