Choctaw County Mortgage Form (Alabama)
All Choctaw 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 Choctaw County compliant document last validated/updated 11/22/2024
Mortgage Guidelines
Line by line guide explaining every blank on the form.
Included Choctaw County compliant document last validated/updated 12/3/2024
Completed Example of the Mortgage Document
Example of a properly completed form for reference.
Included Choctaw County compliant document last validated/updated 12/10/2024
Promissory Note Form
Note that is secured by the Mortgage. Can be used for traditional installments or balloon payment.
Included Choctaw County compliant document last validated/updated 11/25/2024
Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Included Choctaw County compliant document last validated/updated 12/18/2024
Completed Example of the Promissory Note Document
Example of a properly completed form for reference.
Included Choctaw County compliant document last validated/updated 11/13/2024
Annual Accounting Statement Form
Mail to borrower for fiscal year reporting.
Included Choctaw County compliant document last validated/updated 10/4/2024
The following Alabama and Choctaw County supplemental forms are included as a courtesy with your order:
When using these Mortgage forms, the subject real estate must be physically located in Choctaw County. The executed documents should then be recorded in the following office:
Choctaw Probate Office
County Courthouse - 117 South Mullberry St, Butler, Alabama 36904-2557
Hours: 8:00 to 4:30 M-F
Phone: (205) 459-2414
Local jurisdictions located in Choctaw County include:
- Butler
- Gilbertown
- Jachin
- Lisman
- Melvin
- Needham
- Pennington
- Silas
- Toxey
- Ward
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Choctaw 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 provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Choctaw County using our eRecording service.
Are these forms guaranteed to be recordable in Choctaw County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Choctaw County including margin requirements, content requirements, font and font size requirements.
Can the Mortgage 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 Choctaw County that you need to transfer you would only need to order our forms once for all of your properties in Choctaw County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Alabama or Choctaw 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.
What type of files are the forms?
All of our Choctaw County Mortgage 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.
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.
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.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
The short definition of a mortgage is that it's a loan used to purchase real property. In Alabama, the mortgage is comprised of two parts: the security instrument and the promissory note. A security instrument is a specific type of document that provides security for the lender and contains terms (agreements) that apply until the buyer (borrower) repays the lender according to terms defined in an attached promissory note.
While the lender holds legal title to the property during this time, the borrower holds equitable title, which means they may occupy the property as if they hold legal title, but until the loan has been repaid, the lender actually owns it. This is because mortgages involve a lien against the property, held as security, that ends when the debt is repaid, and the owner assumes legal title (after recording a release of mortgage).
The buyer must also complete a promissory note. A promissory note is a negotiable instrument that contains an unconditional written promise, signed by the borrower, to repay the lender or its designated agent. It defines the amount and specific terms of the loan between the borrower and the lender and must be completed at the same time as the security instrument. Many lenders retain the promissory note for the duration of the mortgage and return it to the borrower after the debt is repaid.
The Code of Alabama sets forth the rules for mortgages in that state at Title 35 Section 10 but does not provide a statutory form for security instruments. A typical mortgage includes the names of all borrowers (and their spouses, if applicable), information about the lending institution, the date the borrower signed the promissory note, the property county and address, and a legal description of the property. The borrower must indicate if the security instrument includes any riders, or attachments that amend or supplement a document.
The mortgage must be signed by each borrower and acknowledged by an authorized individual. Alabama requires spouses' signatures for mortgages of single-family owner-occupied dwellings ("homestead mortgages"), even if they are not borrowers (Ala. Code Sec. 6-10-3). A homestead is defined in Alabama as a single-family owner-occupied dwelling.
Security instruments must meet standards of form and content for recording documents relating to real property. Record the completed mortgage at the local probate office.
Secured Promissory Notes in Alabama
At the same time the buyer fills out the mortgage form, they must also complete a promissory note. A promissory note is a negotiable instrument that contains an unconditional written promise, signed by the borrower, to repay the lender or its designated agent. It defines the amount and specific terms of the loan between the borrower and the lender.
Promissory notes can be secured or unsecured. Unsecured notes set forth the terms and conditions associated with repayment, but there is no mention of collateral to protect the lender's interest. These are more common with personal property. Mortgages, which are real property transactions, use secured promissory notes. The borrower offers the property as security (collateral) to guarantee the loan and agrees that a failure to repay the loan could cause the lender to foreclose on it.
The borrower must complete a promissory note, but it is rarely recorded with the mortgage. Many lenders retain the note for the duration of the mortgage and return it to the borrower after the debt is repaid. If the situation demands a recorded promissory note, ensure that it meets all state and local standards for submitting documents.
Use these forms to finance residential property, condominiums, planned unit developments, vacant land, small commercial and rental property up to 4 units (more than 4 units add our "Assignment of Rents and Leases" form). This mortgage contains a power of sale clause, allowing for a non-judicial foreclosure, saving time and expense for the lender. A Promissory Note secured by a Mortgage that include stringent default terms can be beneficial to the lender.
Section 35-10-1 - Power of Sale Constitutes Part of Security; by Whom Executed; Effect of Conveyance; Index of Foreclosure Deeds. Where a power to sell lands is given to the grantee in any mortgage, or other conveyance intended to secure the payment of money, the power is part of the security, and may be executed by any person, or the personal representative of any person who, by assignment or otherwise, becomes entitled to the money thus secured; and a conveyance of the lands sold under such power of sale to the purchaser at the sale, executed by the mortgagee, any assignee or other person entitled to the money thus secured, his agent or attorney, or the auctioneer making the sale, vests the legal title thereto in such purchaser. Probate judges shall index foreclosure deeds by the names of the original grantor and grantee in the mortgage, and also by the names of the grantor and grantee in the foreclosure deeds.
This article is provided for informational purposes only and is not a substitute for the advice of an attorney.
(Alabama Mortgage Package includes forms, guidelines, and completed examples) For use in Alabama only.
Our Promise
The documents you receive here will meet, or exceed, the Choctaw 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 Choctaw County Mortgage 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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December 22nd, 2024
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December 22nd, 2024
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December 22nd, 2024
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May 27th, 2022
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November 2nd, 2020
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May 20th, 2021
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June 4th, 2024
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July 31st, 2019
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April 23rd, 2021
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March 20th, 2020
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Lorraine F.
October 9th, 2024
I followed the instructions to download the form for my Mac, typed in the legal description of the real property but the space provided for it would not expand so I just typed the form into Word as a document. While I appreciate having the form to work with it would have been a breeze if it worked properly.
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August 28th, 2019
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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.
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Greg S.
August 19th, 2022
The Beneficiary Deed is easy to fill out, expecially with the examples/explanations provided. The only recommendation I would make is to state that the Parcel ID and the Assessor's ID are one in the same. I looked everywhere for something that mentions "Assessor's ID" in my paperwork to no avail. Upon calling the Maricopa Assessor's number in Maricopa I was told that they are the same.
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July 20th, 2021
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