Mortgage Forms

This Contract for Deed form allows the seller of a property in Alabama to assist the buyer by carrying part or all of the purchase price.

• The seller effectively becomes the mortgage lender for the balance of the purchase money.
• When the seller has received payment in full of the principal and interest, title to the property will be transferred over to the buyer.
• The seller has the right to take back the property if the buyer defaults on the payments.
• At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
• This legal form is intended to be used solely within the State of Alabama.
• To download the Alabama Contract for Deed form, just put it in your shopping cart, check out and pay with Visa, Mastercard or Paypal.

Alabama mortgage lenders can use this comprehensive template to prepare a mortgage to secure a loan for purchasing a property.

• Uniform Covenants: mortgage payments, taxes and insurance, prior charges on the land, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, etc.
• False Information. If the borrower gave any false or misleading information on the loan application, the borrower will be in default.
• Default. If the borrower breaches any provision of the agreement and fails to cure the breach, the entire amount of the indebtedness will become due and payable, and the lender may invoke its power to sell the property.
• Homestead. The borrower waives all homestead exemptions.

Alaska is a deed of trust state, and mortgage lenders use this Deed of Trust instead of a mortgage to secure home purchase loans.

• The Deed of Trust conveys title to the property to a third party trustee (often a title company), and not to the borrower.
• The trustee holds the title as security for the loan, to make sure that the borrower makes payments on time and performs its other obligations under the loan agreement and Note.
• If the borrower defaults under the loan agreement or Note, the trustee has the authority to sell the property on behalf of the lender.
• The Deed of Trust contains uniform covenants as well as State-specific non-uniform provisions covering non-judicial foreclosure and power of sale, and the lender's right to demand full payment for repeated breaches.
• The Alaska Deed of Trust form can be re-used for each mortgage loan your office approves. Buy and download the template now.

This template fixed rate Mortgage Note for Alaska is easy to use and understand.

• The borrower will make regular monthly payments to the lender until the maturity date, at which time the balance of the loan will be payable.
• The borrower can prepay some or all of the principal at any time without paying a penalty or prepayment fee. The borrower cannot make a prepayment if any regular payments are outstanding.
• The lender can sue the borrower and obtain a personal judgment for satisfaction of any outstanding amounts, either before or after foreclosure on the property.
• Available in MS Word format.
• Intended to be used only in the State of Alaska.

Assign a mortgage to another mortgagee with this free Alberta Assignment of Mortgage form.

• The current mortgage lender assigns the mortgage loan to a third party (for instance, another lender who is taking over the assets of the existing lender).
• This is a free form available in MS Word format.
• Intended for use only in the Province of Alberta, Canada.

Use this template Collateral Mortgage and Promissory Note for credit facilities in Alberta.

• A collateral mortgage can be used to secure a line of credit, a revolving loan, or other credit facility where the balance owing changes from time to time.
• The borrower is responsible for insuring, repairing, and maintaining the mortgaged property and for paying all taxes and assessments.
• The lender is appointed as the borrower's attorney (agent) for the purpose of recovering any insurance proceeds with respect to the property.
• The lender has power of attorney to sell, lease or encumber the property if the borrower defaults in its obligations.
• The full balance owing is immediately payable if the borrower sells the property or, if the borrower is a corporation, there is a change in control.
• This is a downloadable legal template in MS Word format.
• Intended for use in the Province of Alberta, Canada.

Placing a mortgage on a commercial building? If you have business tenants, you should provide them with a signed Non-Disturbance Agreement from the mortgage lender.

• A non-disturbance agreement is used when a landlord is using the building as security for a loan or other debt.
• The commercial tenants are given a measure of comfort by having the mortgage lender sign the agreement.
• The mortgage lender agrees that if the landlord defaults on the mortgage and the property is foreclosed upon, the tenants will continue to occupy the premises undisturbed, provided that they are not in default under the lease.
• This Agreement is governed by the laws of the Province of Alberta, Canada.
• Available in MS Word format.

Secure a loan with real estate under the terms of this Standard Charge Fixed Rate Closed Term Mortgage for Alberta.

• Renewal. Early renewal privileges, i.e. the mortgage may be renewed on any installment payment date.
• Interest. Interest will be calculated half-yearly, not in advance.
• Property Taxes. The mortgage lender may elect to pay the property taxes when they come due, or elect to have the borrower (mortgagor) pay the taxes.
• Application of Payments. All payments will be applied first to taxes and life insurance (if applicable), then to interest, then to principal, and then to any other moneys owing.
• Leasehold. Optional provisions for a leasehold mortgage.

Never lend large sums of money without adequate security. Download this Alberta fixed rate mortgage form immediately after you purchase it.

Have you found a buyer for your property who can't qualify for a mortgage? Lend them the amount they need with this Vendor Take-Back Mortgage for Alberta real estate properties.

• A vendor take-back mortgage (also known as a 'purchase money mortgage') is often used for real estate transactions between family members.
• The seller (vendor) agrees to carry all or part of the purchase price for the real estate and the buyer will make regular payments to the seller, just as with a regular mortgage.
• The seller has the right to take back the property if the buyer fails to make the payments or meet its other obligations under the mortgage.
• A Vendor Take-back Mortgage is an alternative method of financing a real estate purchase that allows buyers who cannot get a conventional mortgage a chance to own a home.
• This legal document is intended solely for use in the Province of Alberta, Canada.

Because Arizona is a title theory state, mortgage lenders use a Deed of Trust instead of a mortgage to secure repayment of a home buyer's loan.

• Under the Deed of Trust, title to the property is transferred to a trustee (often a title company) who holds it until the borrower has repaid the entire amount of the loan, accrued interest, and any charges associated with the loan.
• If the borrower breaches the Deed of Trust, the lender gives written notice to the borrower specifying what must be done to cure the breach prior to accelerating repayment of the debt.
• If the breach is not remedied, the lender can invoke its power of sale.

The Arizona Deed of Trust template contains standard uniform covenants and State-specific provisions. Buy and download the form and you can use it as often as your business requires.