Sumter County Mortgage with Assignment of Rents and Promissory Note Form (Florida)

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

Mortgage with Assignment of Rents and Promissory Note Form

Sumter County Mortgage with Assignment of Rents and Promissory Note Form

Fill in the blank Mortgage with Assignment of Rents and Promissory Note form formatted to comply with all Florida recording and content requirements.
Included Sumter County compliant document last validated/updated 11/14/2024

Mortgage with Assignment of Rents and Promissory Note Guide

Sumter County Mortgage with Assignment of Rents and Promissory Note Guide

Line by line guide explaining every blank on the Mortgage with Assignment of Rents and Promissory Note form.
Included Sumter County compliant document last validated/updated 10/9/2024

Completed Example of the Mortgage with Assignment of Rents and Promissory Note Document

Sumter County Completed Example of the Mortgage with Assignment of Rents and Promissory Note Document

Example of a properly completed Florida Mortgage with Assignment of Rents and Promissory Note document for reference.
Included Sumter County compliant document last validated/updated 10/18/2024

Promissory Note Form

Sumter County Promissory Note Form

Note that is secured by the Mortgage Deed. Can be used for traditional installments or balloon payment.
Included Sumter County compliant document last validated/updated 11/21/2024

Promissory Note Guidelines

Sumter County Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Sumter County compliant document last validated/updated 11/5/2024

Completed Example of the Promissory Note

Sumter County Completed Example of the Promissory Note

This Promissory Note is filled in and highlighted, showing how the guideline information, can be interpreted into the document.
Included Sumter County compliant document last validated/updated 9/20/2024

Annual Accounting Statement Form

Sumter County Annual Accounting Statement Form

Mail to borrower for fiscal year reporting.
Included Sumter County compliant document last validated/updated 8/23/2024

When using these Mortgage with Assignment of Rents and Promissory Note forms, the subject real estate must be physically located in Sumter County. The executed documents should then be recorded in one of the following offices:

Clerk of Court: Official Records

215 E McCollum Ave, Rm 190 / PO Box 2587, Bushnell, Florida 33513

Hours: 8:30 to 5:00 M-F

Phone: (352) 569-6600

North Sumter Annex

8033 E CR-466, The Villages, Florida 32162

Hours: 8:30am - 5:00pm M-F / Document drop-off only

Phone: 352-689-4625

Local jurisdictions located in Sumter County include:

  • Bushnell
  • Center Hill
  • Coleman
  • Lake Panasoffkee
  • Oxford
  • Sumterville
  • The Villages
  • Webster
  • Wildwood

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 Sumter 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 Sumter County using our eRecording service.
Are these forms guaranteed to be recordable in Sumter County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Sumter County including margin requirements, content requirements, font and font size requirements.

Can the Mortgage with Assignment of Rents 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 Sumter County that you need to transfer you would only need to order our forms once for all of your properties in Sumter County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Florida or Sumter 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 Sumter County Mortgage with Assignment of Rents 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.

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.

Use this mortgage for financing rental property. The mortgagor/borrower assigns the Lender the right to collect rents. The Lender waives the right to collect rents to the mortgagor/borrower until the occurrence of an event of default under the Promissory Note or the Mortgage. Upon the occurrence of an event of default, upon five (5) days written notice from Lender, the right of Mortgagor/borrower to collect such rents and profits may be revoked by Lender. This mortgage and promissory note can be used for conventional financing or balloon payments. In Florida [every mortgage in which the final payment or the principal balance due and payable upon maturity is greater than twice the amount of the regular monthly or periodic payment of the mortgage shall be deemed a balloon mortgage; and, except as provided in subparagraph 2., there shall be printed or clearly stamped on such mortgage a legend in substantially the following form: THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $ , TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.] [697.05(2)(a)1]. A mortgage and promissory note with strict default terms can be beneficial to a party financing a real property.

(Florida Mortgage Package includes forms, guidelines, and completed example) For use in Florida Only.

Our Promise

The documents you receive here will meet, or exceed, the Sumter 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 Sumter County Mortgage with Assignment of Rents 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.

4.8 out of 5 - ( 4434 Reviews )

James S.

November 21st, 2024

Forms used, created quitclaim deed that the county accepted without a second look (turns out they see deeds.com forms regularly via erecording and in person). Will be back for any real estate related forms I need and they carry. Will always be my first stop. Also, will use erecording next time, mad I didn't see it this time.

Reply from Staff

Thanks for the kind words James, glad we could help. Look forward to seeing you again.

Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

Sorry to hear that your expectations were missed. Your order has been canceled. We do hope that you find something more suitable to your expectations elsewhere. Do keep in mind that purchasing legal forms should not be an exploratory endeavor.

Jimmy P.

November 20th, 2024

They sent me everything I would need to do this. Easy purchase -Easy download. Great!! I'll be back here for all my document needs.

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Shannon R.

January 10th, 2019

Good forms, served the purpose. would not hesitate to use again if needed.

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Diane C.

December 5th, 2019

Hey, great job! Love these forms. They make the process really easy.

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Linda B.

June 15th, 2020

Very simple, fast and efficient.

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Paul W.

March 11th, 2022

Exceptionally easy site to navigate. Forms and related documents downloaded quickly and were helpful in completing the forms, which have already been filed with the County Registrar of Deeds. Many thanks for an extremely useful site!

Reply from Staff

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Eppie G.

October 19th, 2021

Perfect

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Thank you!

James L.

February 15th, 2022

The process to obtain online forms was simple and straight forward and uncomplicated.

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George W.

February 26th, 2021

Phenomenal service! If only every request and transaction with other companies could be this seamless and efficient!

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Maria G.

April 4th, 2019

Very easy and fast. Couldnt ask for anything better.

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ROBERET D.

November 18th, 2021

after a poor start was able to get to the forms
page and find what I was looking for and every thing worked good. Just getting to the right area was a struggle but we made thanks
Bob

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Donald H.

November 5th, 2019

EXCELLENT,,super good. Quick & easy

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November 19th, 2020

Quick and Easy

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February 25th, 2021

great service, quick and easy!

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