MN-1010M free printable template

MINNESOTA STATUTORY UNIFORM SHORT FORM MORTGAGE This Statutory Mortgage Made this day of 20 between address mortgagor and mortgagee. Witnesseth That to secure the payment of Dollars according to the terms of promissory note bearing even date herewith payable to the order of said mortgagee as follows with interest thereon at per cent per annum payable annually the mortgagor hereby mortgages to the mortgagee the tract of land lying in the County of State of Minnesota described as follows to-wit -...1 - and the following statutory covenants 1. To warrant the title to the premises 2. To pay the indebtedness as herein provided 3. To pay all taxes 4. To keep the building insured against fre for and against windstorms and tornadoes for for the protection of the 5. That the premises shall be kept in repair and no waste shall be committed 6. That the whole of the principal sum shall become due after default in the payment of any installment of principal or interest or of any tax or in the...performance of any other covenant at the option of the mortgagee 7. To pay principal and interest on prior mortgages. If default be made in any payment or covenant herein the mortgagee shall have the statutory power of sale and on foreclosure may retain statutory costs and attorney s fees. In Witness Whereof The mortgagor duly executed this mortgage. State of Minnesota ss. County of - 2 - The foregoing instrument was acknowledged before me this day of 20 by NAME OF PERSON ACKNOWLEDGED THIS...INSTRUMENT WAS DRAFTED BY Name SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT TITLE OR RANK. Witnesseth That to secure the payment of Dollars according to the terms of promissory note bearing even date herewith payable to the order of said mortgagee as follows with interest thereon at per cent per annum payable annually the mortgagor hereby mortgages to the mortgagee the tract of land lying in the County of State of Minnesota described as follows to-wit - 1 - and the following statutory covenants 1....To warrant the title to the premises 2. To pay the indebtedness as herein provided 3. To pay all taxes 4. To warrant the title to the premises 2. To pay the indebtedness as herein provided 3. To pay all taxes 4. To keep the building insured against fre for and against windstorms and tornadoes for for the protection of the 5. To keep the building insured against fre for and against windstorms and tornadoes for for the protection of the 5. That the premises shall be kept in repair and no waste...shall be committed 6. That the whole of the principal sum shall become due after default in the payment of any installment of principal or interest or of any tax or in the performance of any other covenant at the option of the mortgagee 7. That the premises shall be kept in repair and no waste shall be committed 6. That the whole of the principal sum shall become due after default in the payment of any installment of principal or interest or of any tax or in the performance of any other covenant...at the option of the mortgagee 7. To pay principal and interest on prior mortgages. If default be made in any payment or covenant herein the mortgagee shall have the statutory power of sale and on foreclosure may retain statutory costs and attorney s fees.