Use this form to finance a condominium, residential property, rental property, small commercial and/or a planned unit development. (A mortgage on real property creates a lien on the property mortgaged; except for the lien and subject to s. 708.11, the mortgagor retains the interest that the mortgagor had at the time of mortgage until that interest is divested by some later act.) (708.01Effect of mortgage.)

This mortgage contains a power of sale, (When a power to sell lands shall be given to the grantee in any mortgage or other conveyance intended to secure the payment of money the power shall be deemed a part of the security and shall vest in and may be executed by any person, who, by assignment or otherwise, shall become entitled to the money so secured to be paid.)( 708.05 Mortgages, power to sell under.)

The promissory note includes interest rates, default rates, late payment fees, default terms, etc. A mortgage and promissory note with strong default clauses and a power of sale, can be beneficial to the lender. Mortgage and the Note are severable.

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

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

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Common Uses for Mortgage and Promissory Note

Document a borrower's obligation secured by real property
Document the satisfaction or payoff of a mortgage
Replace a trustee who is unable or unwilling to serve
Record evidence that a construction loan has been satisfied
Document the reconveyance of a property after loan payoff

Compare other Wisconsin deed forms and documents

Quitclaim Deed Full Release of Memorandum of Contract Gift Deed Warranty Deed Special Warranty Deed Grant Deed Correction Deed Easement Deed Termination of Easement Mineral Deed Mineral Deed with Quitclaim Covenants Special Power of Attorney for the Purchase of Property Power of Attorney for the Sale of Real Estate Satisfaction of Mortgage Assignment of Mortgage Land Contract Memorandum of Contract Personal Representative Deed Termination of Decedent Property Interest Transfer on Death Deed Transfer on Death to Beneficiary Contractor Notice of Intent to File Lien Contractor Claim of Lien Subcontractor Identification Notice Subcontractor Notice of Intent to File Lien Subcontractor Claim of Lien Construction Lien Waiver Construction Lien Release Trustee Deed Disclaimer of Interest Certificate of Trust Lis Pendens Release of Lis Pendens

Important: County-Specific Forms

Our mortgage and promissory note forms are specifically formatted for each county in Wisconsin.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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