Waynesboro City Deed of Trust and Promissory Note Form (Virginia)

All Waynesboro City specific forms and documents listed below are included in your immediate download package:

Deed of Trust Form

Waynesboro City Deed of Trust Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Waynesboro City compliant document last validated/updated 9/5/2024

Deed of Trust Guidelines

Waynesboro City Deed of Trust Guidelines

Line by line guide explaining every blank on the form.
Included Waynesboro City compliant document last validated/updated 9/20/2024

Completed Example of the Deed of Trust

Waynesboro City Completed Example of the Deed of Trust

Example of a properly completed form for reference.
Included Waynesboro City compliant document last validated/updated 9/23/2024

Promissory Note Form

Waynesboro City Promissory Note Form

Note that is secured by the Deed of Trust.
Included Waynesboro City compliant document last validated/updated 10/17/2024

Promissory Note Guidelines

Waynesboro City Promissory Note Guidelines

Line by line guide explaining every blank on the form.
Included Waynesboro City compliant document last validated/updated 10/3/2024

Completed Example of the Promissory Note Document

Waynesboro City Completed Example of the Promissory Note Document

Example of a properly completed form for reference.
Included Waynesboro City compliant document last validated/updated 10/4/2024

Subordination Agreements

Waynesboro City Subordination Agreements

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 Waynesboro City compliant document last validated/updated 10/15/2024

Annual Accounting Statement

Waynesboro City Annual Accounting Statement

Mail to borrower for fiscal year reporting. (A request for payoff information under this section may be made one time within a 12-month period without charge) (6.2-418)
Included Waynesboro City compliant document last validated/updated 6/4/2024

When using these Deed of Trust and Promissory Note forms, the subject real estate must be physically located in Waynesboro City. The executed documents should then be recorded in the following office:

Waynesboro City Circuit Court Clerk

250 South Wayne Ave, Suite 202 / PO Box 910, Waynesboro, Virginia 22980-0910

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

Phone: (540) 942-6616

Local jurisdictions located in Waynesboro City include:

  • Waynesboro

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 Waynesboro City 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 Waynesboro City using our eRecording service.
Are these forms guaranteed to be recordable in Waynesboro City?

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

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Virginia or Waynesboro City. 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 Waynesboro City 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.

A Deed of Trust (DOT), is a document that conveys title to real property to a trustee as security for a loan until the grantor (borrower) repays the lender according to terms defined in an attached promissory note. It's similar to a mortgage but differs in that mortgages only include two parties (borrower and lender).
In the Commonwealth of Virginia, a Deed of Trust is the most commonly used instrument to secure a loan. Foreclosure can be done non-judicially, saving time and expense. This process is called a Trustee Sale.
There are three parties in this Deed of Trust:
1- The Grantor (Borrower)
2- Beneficiary (Lender) and a
3- Trustee (Neutral Third Party) (Our guidelines will show how to choose a Trustee at little to no cost)
Basic Concept. The Trustor (Borrower) conveys property title to a Trustee (Neutral Party). A Trustee or beneficiary/Lender can take an action against any person for damages.

Due on Sale Clause: It allows the lender to call or modify the loan if the borrower conveys/sells the property. ("Notice - The debt secured hereby is subject to call in full or the terms thereof being modified in the event of sale or conveyance of the property conveyed.") Required format where (any loan is secured by a mortgage or deed of trust on real property comprised of one- to four-family residential dwelling units.) (VA. Revised Statutes 6.2-417)

These forms are flexible, they can be used for financing residential property, agricultural property, rental property, condominiums, and or small office buildings, with or without existing liens and encumbrances.

A "Special Provisions" section is included for any information specific to your transaction.

The Promissory Note offers options of financing, conventional installments, or installments combined with a balloon payment, common with Owner Financing transactions. Late Charges and Default rates are set within.
(Any lender or seller may impose a late charge for failure to make timely payment of any installment due on a debt, whether installment or single maturity, provided that such late charge does not exceed five percent of the amount of such installment payment and that the charge is specified in the contract between the lender or seller and the debtor.) (6.2-400 (B))

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.

A Deed of Trust secured by a Promissory Note that includes stringent default terms, can be advantageous to the Lender and favorable to Owner Financing.

(Virginia DOT Package includes forms, guidelines, and completed examples) For use in the Commonwealth of Virginia only.


Our Promise

The documents you receive here will meet, or exceed, the Waynesboro City 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 Waynesboro City 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.

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November 1st, 2024

Very thorough with plenty of instructions. Nice to be able to fill in the forms on my computer at my own pace and edit if needed. Jim

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October 25th, 2024

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October 25th, 2024

Deeds.com is very precise, helpful and friendly. I found the form I needed without any effort and everything worked perfect and smooth. I recommend it 100%. rnThank you.

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Scott O.

April 3rd, 2022

Very efficient and surprisingly quick.

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mark L.

April 18th, 2020

i really liked that the information i received from Deed .com concerning deed and title transfer for representative made it so i was able to find the correct forms that i needed. It was a bonus that Deed.com had the forms and instructions that i required

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Molly S.

November 13th, 2020

I used deeds.com to record a deed because the recording office closed due to Covid 19.
It was easy to sign up and upload the documents I needed recorded and within 24 hours possibly even less, the deeds were recorded. I am very happy with the service and the $15 fee was affordable and worth every penny to get it done so quickly.

Reply from Staff

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Kolette S.

February 7th, 2020

The forms are nice; however, they do not display the "th" after the day or the second digit of the year. You can type them in, but they will not print out. I just left them blank and will handwrite.

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Carol H.

October 8th, 2022

Easy to understand, quick access, inexpensive, and I took it to my registrar's office and he said the warranty deed was good to go. Thanks for saving me a bundle in lawyer's fees.

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Novella M T.

January 5th, 2022

Amazing forms, nice to have something specific and not generic like some other sites. Getting the other required forms included is a nice bonus.

Reply from Staff

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Z. L.

October 20th, 2021

I appreciate a service that can reach any county in Texas to file deed distribution deeds. It is convenient, time and money saving for our clients and takes the headache out of estate administration. Thanks.

Reply from Staff

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Vickey W.

February 5th, 2021

Your company was great, you all walked me through every step of the process. With the pandemic and the inability to go into the DC Recorder of Deeds office. I look forward to working with you in the future.

Reply from Staff

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Karen M.

September 23rd, 2021

I'm not too bright. Ordered one thing when I wanted something else. Deeds staff fixed it for me.

Reply from Staff

Glad we could help.

Chris H.

December 8th, 2020

Fast and Easy. Did not have to leave my office to get this done.

Reply from Staff

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Jeffery H.

October 18th, 2023

Very easy to use. Thanks for your quick response on my document submissions and follow up and guidance on specific questions.

Reply from Staff

Thank you for your positive words! We’re thrilled to hear about your experience.

Paul A.

October 27th, 2020

The website worked fast but the information was limited and the actual deed of trust was what i was looking for from the county --- the info was limited
the website is fast and seemed accurate just limited the information I needed

Reply from Staff

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