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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.
Download: Florida Fully Amortizing Mortgage
Related Forms:
- Florida Balloon Mortgage
- Florida Balloon Mortgage Note
- Florida Commercial Mortgage Loan Application
- Florida Contract for Deed
- Florida Fully Amortizing Mortgage Note
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