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Document Id : 8062

File Type : Microsoft Word

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Florida Fully Amortizing Mortgage

Florida lenders, prepare a Fully Amortizing Mortgage for borrowers with this easy-to-use 18-page template.
  • The mortgage loan is arranged so that it will be fully paid out at the maturity date.
  • Uniform covenants with respect to payment of principal and interest, taxes and insurance, prior mortgages, preservation of the property, acceleration and remedies on default, and other standard mortgage clauses.
  • If the lender requires it, the borrower shall obtain and maintain mortgage insurance as long as any portion of the mortgage remains outstanding.
  • The borrower assigns to the lender all miscellaneous proceeds from the property (insurance proceeds, settlements, awards, etc.).
  • The mortgage form includes a Rented Property Addendum to be used if the mortgaged property is rental property.
This Florida Fully Amortizing Mortgage is in MS Word format, and is easy to download, edit and print. Buy the form once, and it's yours to use as often as you require.

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