Newberry County Mortgage Secured by Promissory Note Forms (South Carolina)

Form Package

Mortgage Secured by Promissory Note

State

South Carolina

Area

Newberry County

Price

$27.97

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Included Forms

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

Included Supplemental Documents

The following South Carolina and Newberry County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Mortgage Secured by Promissory Note Forms:

• Newberry County

Including:

• Chappells
• Kinards
• Little Mountain
• Newberry
• Peak
• Pomaria
• Prosperity
• Silverstreet
• Whitmire

What is the South Carolina Mortgage Secured by Promissory Note

Use this form to mortgage residential property, rental property (up to 4 units), small commercial, condominiums and planned unit developments. A mortgagor is often referred to as the borrower and the mortgagee as the lender. (The mortgagor shall be deemed the owner of the land and the mortgagee as owner of the money lent or due and the mortgagee shall be entitled to recover satisfaction for such money out of the land by foreclosure and sale according to law. But notwithstanding the foregoing provision all releases of the equity of redemption shall be binding and effectual in law.) (SECTION 29-3-10. Rights and title of mortgagor and mortgagee.) This form meets recording requirements for a South Carolina Mortgage:
- Signature of mortgagor (borrower)
- Name and address of mortgagee (lender)
- Two witnesses
- SC Probate or Acknowledgement
- Property description
- Derivation Clause

A mortgage and promissory note with stringent default terms can be advantageous to the lender in the case of a default. Compatible with investor/owner financing.

(South Carolina Mortgage Package includes forms, guidelines, and completed examples) For use in South Carolina only.

Our Promise

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

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Get your Newberry County Mortgage Secured by 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.

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