Otsego County Mortgage Secured by Promissory Note Form (Michigan)

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

Mortgage Form

Otsego County Mortgage Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Otsego County compliant document last validated/updated 10/4/2024

Mortgage Guidelines

Otsego County Mortgage Guidelines

Line by line guide explaining every blank on the form.
Included Otsego County compliant document last validated/updated 11/20/2024

Completed Example of the Mortgage Document

Otsego County Completed Example of the Mortgage Document

Example of a properly completed form for reference.
Included Otsego County compliant document last validated/updated 11/22/2024

Promissory Note Form

Otsego County Promissory Note Form

Fill in the blank Form.
Included Otsego County compliant document last validated/updated 8/16/2024

Promissory Note Guidelines

Otsego County Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Otsego County compliant document last validated/updated 10/17/2024

Completed Example of the Promissory Note Document

Otsego County Completed Example of the Promissory Note Document

This Promissory Note is filled in and highlighted, showing how the guideline information, can be interpreted into the document.
Included Otsego County compliant document last validated/updated 10/15/2024

Annual Accounting Statement Form

Otsego County Annual Accounting Statement Form

Mail to borrower for fiscal year reporting.
Included Otsego County compliant document last validated/updated 8/27/2024

When using these Mortgage Secured by Promissory Note forms, the subject real estate must be physically located in Otsego County. The executed documents should then be recorded in the following office:

Otsego County Register of Deeds

225 W Main St, Gaylord, Michigan 49735

Hours: 8:00 to 12:00 & 1:00 to 4:30 M-F

Phone: (989) 731-7551

Local jurisdictions located in Otsego County include:

  • Elmira
  • Gaylord
  • Johannesburg
  • Vanderbilt
  • Waters

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

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

Can the Mortgage Secured by 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 Otsego County that you need to transfer you would only need to order our forms once for all of your properties in Otsego County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Michigan or Otsego 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 Otsego County Mortgage Secured by 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.

This mortgage includes a power of sale clause and waiver of rights, saving time and expense in the case of a foreclosure.
Waiver of Rights. This Mortgage contains a power of sale that permits the Mortgagee/Lender to cause the Premises to be sold in the event of a default. Mortgagee/Lender may elect to cause the Premises to be sold by advertisement rather than pursuant to court action, and Mortgagor/Borrower voluntarily and knowingly waives any right Mortgagor/Borrower may have by virtue of any applicable constitutional provision or statute to any notice or court hearing before the exercise required by the Michigan statute governing foreclosures by advertisement.
In the event of default in any of the terms or covenants of this Mortgage, Mortgagee/Lender shall be entitled to all of the rights and benefits of MCL 554.231-.233, MSA 26.1137(1)-(3), and 1966 PA 151.

Use this mortgage to finance residential property, small commercial, condominiums, rental property, and planned unit developments even with an existing first mortgage on the subject property. A mortgage and promissory note that include stringent default terms can be beneficial to the Mortgagee/Lender.

Included is an annual accounting statement form
565.161 Annual statements to mortgagor; when required, contents.
Sec. 1.
Where, by the terms of a mortgage on real property, the mortgagor is required to make periodic payments which include sums to be allocated to an escrow account for the purpose of paying taxes, insurance or improvements to the property, or any combination of such purposes, the mortgagee or agent receiving the periodic payments shall furnish the mortgagor with a statement within 60 days of the close of the calendar year, showing the beginning balance of the escrow fund, total receipts received by the fund during the calendar year, an itemized statement of all expenditures from the fund during the calendar year and the balance in the fund at the end of the calendar year.

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

Our Promise

The documents you receive here will meet, or exceed, the Otsego 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 Otsego County Mortgage Secured by 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.

Reply from Staff

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Diana C.

May 7th, 2019

Great service!!! I was feeling overwhelmed but then I found deeds! I spent about 10 mins ordering, then went to bed and by morning my deed was there!! Very efficient!
Thanks so much! So worth the little bit of dollars!

Reply from Staff

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Terry S.

March 23rd, 2022

Forms were very easy to use using the completed form as an example.

Reply from Staff

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Ronald M.

April 18th, 2019

Easy to use but can't seem to find LOGOUT control????

Reply from Staff

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MARIA P.

April 16th, 2021

I finally was able to download the forms. Thank you and I know I will be able to use your service anytime I may need a legal document. Thanks again!

Reply from Staff

Thank you!

Iva R.

August 20th, 2020

Great service. Fast, got everything done (form, recording) done in a couple of hours, lightning speed in the real estate world. Thanks!

Reply from Staff

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Barbara J.

October 7th, 2023

Process was simple and fast. Awaiting response form agency. I’m happy to have found deeds.com for a speedy service.

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Daphne M.

March 19th, 2023

As always I found Deeds.com to be excellent. Every item required on the forms I chose was explained completely. The fact that documents are available from so many states is amazing. Daphne M.

Reply from Staff

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Billie G.

October 14th, 2021

Loved this service! It was quick, easy and effective! I'll definitely be using them again!

Reply from Staff

Thank you!

Deb F.

July 16th, 2022

The county clerk accepted your mineral deed. It was a blessing finding your deed and instructions for filling it out online. Thank you

Reply from Staff

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Paul R.

May 19th, 2021

So far, so good. Great looking site.

Reply from Staff

Thank you!

Hanna M.

June 10th, 2019

Very helpful information!
Thank you for your service!

Reply from Staff

Thank you!

Shane T.

March 7th, 2020

The Transfer on Death Deed form package was very good. But like anything, could use some improvements.

There is not enough space to fill more than one beneficiary with any level of additional detail like "as his sole and separate property"

The area for the legal description could be a bit bigger and potentially fit many legal descriptions. Or it could be made to simply say "See Exhibit A" as is likely necessary for most anyway.

The guide should indicate what "homestead property" means so the user doesn't have to research the legal definition. (which turns out to be obvious, at least in my state, if you live there, it's your homestead.)

It would be helpful if an "Affidavit of Death" form were included in the package for instances where the current deed hasn't been updated to reflect a widowed owner as the sole owner before recording with only the one signature.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!