Corson County Mortgage Security Agreement and Promissory Note Forms (South Dakota)
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Form Package
Mortgage Security Agreement and Promissory Note
State
South Dakota
Area
Corson County
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Corson County specific forms and documents listed below are included in your immediate download package:
Mortgage Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 1/29/2024
Mortgage Guidelines
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 12/20/2023
Completed Example of the Mortgage Document
Example of a properly completed form for reference.
Included document last reviewed/updated 4/23/2024
Promissory Note Form
Note that is secured by the Mortgage Agreement.
Included document last reviewed/updated 3/25/2024
Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Included document last reviewed/updated 4/19/2024
Completed Example of the Promissory Note Document
Example of a properly completed form for reference.
Included document last reviewed/updated 4/15/2024
Annual Accounting Statement Form
Mail to borrower for fiscal year reporting.
Included document last reviewed/updated 3/27/2024
Included Supplemental Documents
The following South Dakota and Corson County supplemental forms are included as a courtesy with your order.
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 South Dakota or Corson 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?
Forms are NOT emailed to you. Immediately after you submit payment, the Corson County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Corson County Mortgage Security Agreement 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 Mortgage Security Agreement 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 Corson County that you need to transfer you would only need to order our forms once for all of your properties in Corson County.
Are these forms guaranteed to be recordable in Corson County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Corson 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 Mortgage Security Agreement and Promissory Note Forms:
- Corson County
Including:
- Bullhead
- Keldron
- Little Eagle
- Mc Intosh
- Mc Laughlin
- Morristown
- Trail City
- Wakpala
- Walker
- Watauga
What is the South Dakota Mortgage Security Agreement and Promissory Note
This is a recordable mortgage that serves (as notice to all subsequent purchasers and encumbrancers.) (44-8-10) Included is a Power of Sale clause, considered more favorable to lenders because it uses a non-judicial foreclosure, saving time and expense. [In case of default in the payment of said principal sum of money or any part thereof, or interest thereon at the time or times above specified for payment thereof, or in case of nonpayment of any taxes, assessments, or insurance as aforesaid, or of breach of any covenant or agreement herein contained, then and in either case, the whole, principal and interest, of said note -- shall at the option of the holder thereof, immediately become due and payable, and this mortgage may be foreclosed by action, or by advertisement as provided by statute or the rules of practice relating thereto, and this paragraph shall be deemed as authorizing and constituting a power of sale as mentioned in said statutes or rules, and any amendatory thereof.] [44-8-3]
This mortgage contains a (due-on-sale clause) which (is a provision of a real estate mortgage which requires that the note secured by the mortgage be paid at the time the property is transferred and no assumption of the original note is permitted.) (44-8-27). This is done because [No lender may enforce a due-on-sale clause unless the real estate mortgage includes such clause.] [44-8-28]
44-8-21. Mortgage securing note for purchase price of real estate--No negotiability--Enforcement of liability--Endorsement of note. In all cases where a note given by the purchaser and grantee of real estate to the vendor and grantor thereof to secure payment of all or any part of the purchase price is secured by a mortgage on such real estate, such note shall bear an endorsement upon its face to the effect that it is given for such purpose, and thereafter the same shall not be negotiable, nor shall any liability of any kind be enforced upon it either by action at law, or by set-off, or counterclaim, or otherwise, excepting by foreclosure of the mortgage. The rights of any party to said note, or of any assignee, or purchaser thereof, shall not be affected by the absence of such endorsement but shall be the same as though such note had been properly endorsed. Nothing herein contained shall apply to such note given prior to July 1, 1933.
44-8-22. Rights of payee of note given in payment of purchase price--Deficiency judgment prohibition inapplicable unless note secured by real estate mortgage.
Nothing contained in 44-8-20 or 44-8-21 shall affect the rights of a payee or other owner of a note given in payment of all or part of the purchase price of real estate unless such note is secured by a real estate mortgage.
A mortgage and promissory note secured, including stringent default terms can be beneficial to the lender. Use these forms for residential, commercial, rental property, condominiums, vacant land and planned unit developments.
(South Dakota Mortgage Package includes forms, guidelines, and completed examples) For use in South Dakota only.
Our Promise
The documents you receive here will meet, or exceed, the Corson 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 Corson County Mortgage Security Agreement 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.
Reviews
4.8 out of 5 (4318 Reviews)
Nancy A.
April 24th, 2024
This is an excellent resource. I was surprised because the price is so low I thought the products might be inferior. Not only were were the requested documents high quality, additional unrequested documents were added to my order that I didn\'t realize I would need until I read them. I especially appreciate that all the documents were specific to my county. I highly recommend using deeds.com.
Your satisfaction with our services is of utmost importance to us. Thank you for letting us know how we did!
Dyanna B.
April 23rd, 2024
Got what I needed. Easy access.
Thank you for your positive words! We’re thrilled to hear about your experience.
Gina G.
April 17th, 2024
This service is fantastic! Took a few tries to scan the document correctly, but their patience and quick turn around made this a far better experience than going to the County myself.
We are delighted to have been of service. Thank you for the positive review!
WJ H.
December 6th, 2021
The Quit Claim Deed for the state of Ohio worked for me, saving me the cost of an attorney doing it. O.K., maybe that wouldn't have amounted to more than a few hundred dollars, but anywhere I thought I could save money (and learn something new on top of it) is something I want to do.
That said, be forwarned. While I'm not an attorney I'm not averse to spending many hours researching the lingo found in this kind of form and thoroughly understanding exactly how everything has to be filled in.
I should add that my ex-wife and I remain friends and she was the one giving me the property/house (thus, technically I filled out the forms on her behalf). Because there was no personal conflict, it made it easier to undertake.
Lastly, what others have said about the county office where you must file a Quit Claim Deed not being helpful, that's true in the sense that they do not want to be instructing non-attorneys on filling out the necessary forms. I did take a preliminary draft set of the forms to the county office but was VERY CAREFUL about explaining that I only needed a couple of questions answered about procedure for submitting the final documents. They were helpful once I made it clear I wasn't asking them for "legal advice". And their help was critical as the final submittals requires stopping at three different offices (MapDocuments, Auditor and finally the Recorder's office).
So I say thank you to Deeds.com. Their service for the Quit Claim Deed was invaluable.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Bob B.
September 14th, 2021
Good so far. Will be great if you get the deed recorded.
Thank you!
william h.
September 26th, 2022
got what I needed.
Thank you!
Steve R.
July 30th, 2022
Great! One time cost, ordering was easy, documents where just what I needed.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
FELISA J.
December 18th, 2019
I liked the ease of locating the document I needed and the sample document was extremely helpful. I would have liked the acknowledgement to be on the same page as the rest of the document. It costs for each page recorded.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Brian R.
January 15th, 2022
A waste of my time
We do hope that you found something more suitable to your needs elsewhere Brian. Have a wonderful day.
Nicholas B.
October 24th, 2020
A lot of information to read over but downloading process was great and ill definitely use the service again. Showed me my country and city that my forms would be valid in and the information is step by step with examples and that is great
Thank you for your feedback. We really appreciate it. Have a great day!
Robert h.
February 25th, 2019
excellent and simple to use. Great price for this.
Thank you Robert! We really appreciate your feedback.
Samuel M.
October 8th, 2020
it was convenient to have a starting place, however, though the property is in Colorado, the probate is in Iowa, so I had to create my own document because you locked my capacity to edit the form I paid for. If I pay for it, I should be able to edit everything including non fill in text. I could not open it in word, as I normally could.
Thank you for your feedback. We really appreciate it. Have a great day!
matthew h.
June 6th, 2022
Totally awesome. Useless waste of time looking anywhere else for real estate deed forms. All the stars!!
Thank you!
Rita M.
January 12th, 2019
I have not received the deed via email. That is what I was expecting.
Let me know if I am incorrect in my thinking.
Thanks for reaching out. While we do send some email notifications, we do not email documents. All orders are available via your account. You can log into your account from the menu button at the top left of most pages on the website.
roger m.
April 2nd, 2019
super clean interface i thank you very much
Thank you!
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