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    Florida Fully Amortizing Mortgage Note


    This Mortgage Note is secured by a fully amortizing mortgage on a Florida real estate property.

    • Under the Note, the borrower agrees to pay the lender the full amount of the mortgage loan, plus interest at the loan rate.
    • Unlike a balloon note, there is no large payment to be paid on the maturity date. The final payment will be a regular payment.
    • Payments on the loan will be made monthly.
    • The borrower has the right to prepay the Note without penalty.

    Get the Florida Fully Amortizing Mortgage Note by putting it in your cart and paying via the secure checkout server.

    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 8063
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    Florida Fully Amortizing Mortgage


    Prepare a Fully Amortizing Mortgage for a borrower with this easy-to-use template form for Florida mortgage lenders.

    • 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.

    Once you've purchased the Fully Amortizing Mortgage template, you can download it and use it immediately. Re-use it as often as you need to.

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