Torrance County Mortgage Secured by Promissory Note Form (New Mexico)

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

Mortgage Form

Torrance County Mortgage Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Torrance County compliant document last validated/updated 9/6/2024

Mortgage Guidelines

Torrance County Mortgage Guidelines

Line by line guide explaining every blank on the form.
Included Torrance County compliant document last validated/updated 10/31/2024

Completed Example of the Mortgage Document

Torrance County Completed Example of the Mortgage Document

Example of a properly completed form for reference.
Included Torrance County compliant document last validated/updated 11/6/2024

Promissory Note Form

Torrance County Promissory Note Form

Note that is secured by the Mortgage Deed. Can be used for traditional installments or balloon payment.
Included Torrance County compliant document last validated/updated 11/13/2024

Promissory Note Guidelines

Torrance County Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Torrance County compliant document last validated/updated 7/4/2024

Completed Example of the Promissory Note Document

Torrance 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 Torrance County compliant document last validated/updated 2/19/2024

Annual Accounting Statement Form

Torrance County Annual Accounting Statement Form

Fill in the blank Mortgage Secured by Promissory Note form formatted to comply with all New Mexico recording and content requirements.
Included Torrance County compliant document last validated/updated 9/24/2024

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

Torrance County Clerk

205 9th St / PO Box 767, Estancia, New Mexico 87016

Hours: 7:30 to 5:30 Mon-Thu; closed Fri

Phone: (505) 246-4735

Local jurisdictions located in Torrance County include:

  • Cedarvale
  • Clines Corners
  • Encino
  • Estancia
  • Mcintosh
  • Moriarty
  • Mountainair
  • Torreon
  • Willard

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

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Torrance 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 Torrance County that you need to transfer you would only need to order our forms once for all of your properties in Torrance County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by New Mexico or Torrance 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 Torrance 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.

Use this form for financing residential property, small commercial, rental property (up to 4 units), condominiums and planned unit developments. This is a comprehensive 12-page form that has stringent default terms.

Use this form for financing residential property, small commercial, rental property (up to 4 units), condominiums and planned unit developments. This is a comprehensive 12-page form that has stringent default terms.

Promissory Note includes late charges. Any payment which is at least ____ days past due, shall be subject to a late charge of $___ And an additional $ ____per day until the payment is received. If any balloon payment is late, it shall be subject to a late fee of $____ per day.

Default Rate: I payment is/are at least 30 days past due, then the principal balance shall bear interest at default rate of (____%) over the interest rate stated. Said default rate shall begin on the ____ day following the due date of the payment(s) until payment(s) is/are brought
current. Payment(s) is/are first applied to accrued interest and penalties, then to principal.

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.

This Note and the Loan Documents shall be governed by the State of New Mexico.

(New Mexico Mortgage Package includes forms, guidelines, and completed examples)

Our Promise

The documents you receive here will meet, or exceed, the Torrance 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 Torrance 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

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

George A. M.

August 10th, 2022

User friendly and fast to use. I was pleased with experience.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Andrew T.

December 19th, 2023

The process was incredibly simple from start to finish. Someone from the team even sent a message to double check part of my document was filled out correctly. Will be bringing my business here in the future!

Reply from Staff

It was a pleasure serving you. Thank you for the positive feedback!

Ronald B.

July 8th, 2020

Simple to use, download, fill-in and print.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

RICHARD M.

May 12th, 2020

After a little glitch due to heavy volume at the County Recorder, my document was recorded. County Recorder was closed to public access at the office (due to the coronavirus issues) so all documents were either mailed to them or sent in electronically.
Deeds.com was very efficient at their end with very quick responses to my questions and concerns. I would definitely use their services again.

Reply from Staff

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JERRY M.

March 11th, 2020

Had to modify the document form fill field to accept the information required. Had limited number of characters.

Reply from Staff

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Rosie R.

November 22nd, 2021

LOVE THIS!! I am a REALTORand from time to time I have had to take documents for filing. I'm so glad I invested some time online researching eFiling services. The first few search results that populated required an expensive annual or monthly subscription. Luckily I continued to scroll and found Deeds.com. No annual or monthly subscription required. Just pay per use. I uploaded a ROL late one night and Deed.com had it eFiled the very next morning!!! They keep you updated throughout the process via email notifications which you click on the link provided in the email that directs you to your online portal to view the status and once your documents have been filed you can immediately download the filed of record documents including the receipt from the county in which the documents were filed. SO SIMPLE, CONVENIENT, & QUICK-THANK YOU DEEDS.com!!!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Bryan C.

September 5th, 2021

Your service is sweet. It is self-explanatory and easy to download. I am excited about finding your website.

Reply from Staff

Thank you!

Richard E.

January 3rd, 2019

Very easy. I copied each doc separately. Is there a way to copy the all docs at once into a folder?
Thanks for being there.
Rich

Reply from Staff

Thank you for the feedback Richard. Currently there is no way to download all of the documents at once but we'll definitely look into it. Have a great day!

Jason James H.

January 17th, 2019

Th forms were correct, exactly what I needed.

Reply from Staff

Thanks Jason, we appreciate the feedback.

Shirley W.

August 26th, 2021

I found the form easy to file out. But everything else was confusing with very little direction and help.

Reply from Staff

Thank you!

Elizabeth K.

April 19th, 2020

Really great experience. Thanks!

Reply from Staff

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

Ron D.

January 14th, 2019

No choice since the county does not seem to provide info you supplied.

Reply from Staff

Thank Ron, have a great day!