Common Contracts

THIS FIRST MORTGAGE (the “Mortgage”), dated as of [INSERT CLOSING DATE], is given by [INSERT FIRST BORROWER] and [INSERT SECOND

First Mortgage • October 10th, 2020

• Contract Type
  First Mortgage
• Filed
  October 10th, 2020

Borrower is justly indebted to Lender in the principal amount of [INSERT LOAN AMOUNT WRITTEN OUT] Dollars ($[INSERT LOAN AMOUNT]), together with interest thereon as evidenced by that certain First Promissory Note (the “Note”) of even date herewith, from Borrower payable to the order of Lender, which Note is fully incorporated herein by reference and is secured hereby. The Note shall mature on or before [INSERT MATURITY DATE], (the “Maturity Date”) which is [INSERT TERM IN YEARS WRITTEN OUT] ([# OF YEARS]) years after the first day of the [INSERT FIRST OR SECOND] calendar month after the date of this Mortgage.