Franklin County Mortgage Security Agreement and Promissory Note Forms (Vermont)

Form Package

Mortgage Security Agreement and Promissory Note

State

Vermont

Area

Franklin County

Price

$27.97

Delivery

Immediate Download

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Included Forms

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

Included Supplemental Documents

The following Vermont and Franklin County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Mortgage Security Agreement and Promissory Note Forms:

• Franklin County

Including:

• Bakersfield
• East Berkshire
• East Fairfield
• Enosburg Falls
• Fairfield
• Franklin
• Highgate Center
• Highgate Springs
• Montgomery
• Montgomery Center
• Richford
• Saint Albans
• Saint Albans Bay
• Sheldon
• Sheldon Springs
• Swanton

What is the Vermont Mortgage Security Agreement and Promissory Note

("Mortgage loan" means a loan secured primarily by a lien against real estate.) Use these forms to finance real property; residential property, vacant land, rental units, condominiums, commercial and planned unit developments. (V.S.A. 2101(13) Definitions)

This mortgage contains a power of sale clause pursuant to the provisions of 12 V.S.A. Chapter 172, which allows for a non-judicial foreclosure when applicable, saving time and expense for the lender. A non-judicial foreclosure generally applies to any real property except for a dwelling house of two units or less, that is occupied by the owner as a principal residence, or farmland. If a non-judicial foreclosure is NOT applicable this form allows for a judicial foreclosure.

The debt is evidenced by the Promissory Note that is governed by the State of Vermont. A Mortgage and Promissory Note with stringent default terms and conditions can be beneficial to the lender.

Vermont is a "notice" state. Delivery of a mortgage instrument of real property constitutes constructive notice as of the time it is recorded.

(Vermont Mortgage Package includes form, guidelines, and completed example) For use in Vermont only.

Our Promise

The documents you receive here will meet, or exceed, the Franklin 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 Franklin 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.

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