Greene County Deed of Trust and Promissory Note Form (Mississippi)
All Greene County specific forms and documents listed below are included in your immediate download package:
Deed of Trust Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included Greene County compliant document last validated/updated 12/19/2024
Deed of Trust Guidelines
Line by line guide explaining every blank on the form.
Included Greene County compliant document last validated/updated 7/30/2024
Completed Example of the Deed of Trust
Example of a properly completed form for reference.
Included Greene County compliant document last validated/updated 11/8/2024
Promissory Note Form
Note that is secured by the Deed of Trust.
Included Greene County compliant document last validated/updated 11/29/2024
Promissory Note Guidelines
Line by line guide explaining every blank on the form.
Included Greene County compliant document last validated/updated 10/23/2024
Completed Example of the Promissory Note Document
Example of a properly completed form for reference.
Included Greene County compliant document last validated/updated 11/13/2024
Subordination Clauses
Used to place priority on claim of debt. Included are 4 clauses for unique situations. If needed, add to Deed of Trust as an addendum or rider.
Included Greene County compliant document last validated/updated 11/15/2024
Annual Accounting Statement
Mail to borrower for fiscal year reporting.
Included Greene County compliant document last validated/updated 9/20/2024
The following Mississippi and Greene County supplemental forms are included as a courtesy with your order:
When using these Deed of Trust and Promissory Note forms, the subject real estate must be physically located in Greene County. The executed documents should then be recorded in the following office:
Greene County Chancery Clerk
400 Main St / PO Box 610, Leakesville, Mississippi 39451
Hours: 8:00am to 5:00pm M-F
Phone: (601) 394-2377
Local jurisdictions located in Greene County include:
- Leakesville
- Mc Lain
- Neely
- State Line
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 Greene 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 Greene County using our eRecording service.
Are these forms guaranteed to be recordable in Greene County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Greene County including margin requirements, content requirements, font and font size requirements.
Can the Deed of Trust 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 Greene County that you need to transfer you would only need to order our forms once for all of your properties in Greene County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Mississippi or Greene 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 Greene County Deed of Trust 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.
In Mississippi, a Deed of Trust (DOT) is the most commonly used instrument to secure a loan. If the DOT has a "Power of Sale" clause, foreclosure can be done non-judicially, saving time and expense, because the trustee doesn't require the court's involvement. This process is called a Trustee Sale. Explained in Mississippi 89-1-55 - "How lands sold under mortgages and Deeds in Trust"
There are three parties in this Deed of Trust:
1- The Grantor (Borrower)
2- Beneficiary (Lender) and a
3- Trustee (Neutral Third Party)
Basic Concept. The Grantor (Borrower) conveys property title to a Trustee (Neutral Party). A Trustee or beneficiary/Lender can take action against any person for damages.
(The beneficiary or holder of any deed of trust, including his agents, employees, successors, assigns, attorneys-in-fact or other legal representatives, may appoint a trustee or substitute a trustee, with or without the permission of the mortgagor or mortgagors. The trustee or substitute trustee so appointed may be a natural person, partnership, corporation, limited liability company, professional association or any other legal entity.) (MS Code 89-1-63)(3))
Debtors/Borrowers shall be in default under the provisions of this Deed of Trust if Debtor
(a) shall fail to comply with any of Debtor's covenants or obligations contained herein,
(b) shall fail to pay any of the Indebtedness secured hereby, or any installment thereof or interest thereon, as such Indebtedness, installment or interest shall be due by contractual agreement or by acceleration,
(c) shall become bankrupt or insolvent or be placed in receivership,
(d) shall, if a corporation, a partnership or an unincorporated association, be dissolved voluntarily or involuntarily, or
(e) if Secured Party in good faith deems itself insecure and its prospect of repayment seriously
impaired.
This form can be used by a party financing residential property, rental property, condominiums or small office buildings. Note: if the property being financed is rental, see (Assignment of Leases and Rents Form) it acts to induce the lender to finance.
Promissory Note secured by Deed of Trust
A Deed of Trust and Promissory Note are usually executed/signed at the same time. The Promissory Note contains the finance terms.
Details:
1. Dollar amount of Principle Owed
2. Installment payments or Balloon payment (common with owner financing, borrower can establish history of payments and equity, which banks attractive when financing)
3, Late Charges, $ owed after so many days, with $ owed for each additional day.
4. Default Rate: If Borrowers go into default an increased interest rate is charged, until note is out of default.
5. Overdue Loan Fee: In addition to any other remedies available to Lender if this Note is not paid in full at the Maturity Date, Borrowers shall pay to Lender an Overdue Loan Fee, which fee shall be due at the time this Note is otherwise paid in full. The "Overdue Loan Fee" shall be determined based upon the outstanding principal balance of this Note as of the Maturity Date and shall be:
(a) one percent (1.0%) Of such principal balance if the Note is paid in full on or after thirty (30) days after the Maturity Date but less than sixty (60) days after the Maturity Date, or
(b) two percent (2.0%) of such principal balance if the Note is paid in full on or after sixty (60) days after the Maturity Date.
The obligations of Borrower to Lender under this Note and the Additional Obligations herein remain in full force and effect until Lender has received payment in full of all obligations.
This Note and the Loan Documents are made in and shall be governed by the State of Mississippi. Upon Lender's request, the venue of any legal action in connection with this Note or the Loan Documents shall be in _________County, Mississippi.
Attorney's Fees and Costs: Borrower shall pay all costs incurred by Lender in collecting sums due under this Note after a default, including reasonable attorneys' fees, whether or not suit is brought.
This Deed of Trust and Promissory Note, has stringent default terms and is suitable to owner selling/financing or investor financing.
(Mississippi DOT Package includes forms, guidelines, and completed examples) For use in Mississippi only.
Our Promise
The documents you receive here will meet, or exceed, the Greene 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 Greene County Deed of Trust 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 - ( 4449 Reviews )
Daniel B.
December 24th, 2024
easy to use and upload.
We are delighted to have been of service. Thank you for the positive review!
Dorothy N.
December 22nd, 2024
The mortgage and note were thorough and very satisfactory for my purposes. The accompanying forms were excellent. I am very pleased with my purchase.
We welcome your positive feedback and are thrilled to have met your expectations. Thank you for choosing our services.
Edward E.
December 22nd, 2024
Easy to use.
Your feedback is valuable to us and helps us improve. Thank you for sharing your thoughts!
Allison M.
February 28th, 2024
Completely painless process! Great customer service! Thank you for everything!
Your words of encouragement and feedback are greatly appreciated. They motivate us to maintain high standards in our service.
Linda C.
February 23rd, 2019
If I hadn't spent my career as an escrow officer (albeit in another state), I may have had a hard time figuring out exactly which deed I needed and how to prepare them, even with the back-up informational, how-to pdf documents, without an attorney. My experience speaks to how much the general public doesn't understand and how confusing it can be. Nonetheless, the access to so many documents at a fairly reasonable cost, the basic how-to docs made available along with the purchased doc makes all the difference. I appreciate having such things available to the public. Many thanks.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Charles F.
January 15th, 2021
I am happy with the document but did not know that it would still have to go before the court. Thought it could be handled by the recorder of deeds.
Thank you for your feedback. We really appreciate it. Have a great day!
Erik G.
January 12th, 2022
Great...
Thank you!
Kevin L.
May 31st, 2019
All the paperwork I need......Great service
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Richard C.
January 2nd, 2020
There was not much info available but what you produced confirmed what I needed to know.
Thank you for your feedback. We really appreciate it. Have a great day!
Tim H.
July 30th, 2019
Found the service useful and straightforward. The only recommendation would be to send an e-mail notification to the request or when their package is ready for download. Mine, apparently, was ready within and hour or so after placing the request but did not go back onto the site until a day later to find it was ready.
Thank you for your feedback. We really appreciate it. Have a great day!
Joey S.
March 5th, 2022
This is the easiest process ever!
Thank you!
Michael F.
May 15th, 2020
VERY EFFICIENT AND PLEASANT.
Thank you for your feedback. We really appreciate it. Have a great day!
Petre A.
April 9th, 2022
Easy @ useful
Thank you!
Ernest B.
June 6th, 2021
Forms were perfect, recorded quickly with no issue.
Thank you!
Stephenie A.
January 11th, 2019
No review provided.
Thank you!