South Carolina Mortgage Form

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Recording Requested By and
When Recorded Mail to:
Recording Time, Book & Page
SOUTH CAROLINA MORTGAGE
COUNTY: __________________________
TAX MAP NUMBER: _____________________________
CITY: ______________________________
DATE: ___________________________________________
Mortgagor
Mortgagee
Enter in appropriate block for each party: name, address, and, if appropriate, character of entity, e.g. corporation, partnership, limited liability company
The designation Mortgagor and Mortgagee as used herein shall include the named parties and their heirs, successors and
assigns and shall include singular, plural, masculine, feminine or neuter as required by context.
WHEREAS Mortgagor in and by that certain note (hereinafter the "Note"), bearing the date hereof is justly indebted to
Mortgagee in the sum of ________________________________ and no/100 Dollars ($_________), together with interest as set
forth in the Note and payable according to the Note and conditions thereof, reference being hereunto had will more fully appear;
the Note to have a maturity date no later than __________________.
NOW, KNOW ALL MEN BY THESE PRESENTS that, (a) to secure the payment and performance of the Note and any
renewal, extension or modification thereof to Mortgagee according to the conditions of the Note; and (b) also to secure in
accordance with Section 29-3-50 Code of Laws of South Carolina 1976, as amended: all future advances and readvances that may
subsequently be made to Mortgagor by Mortgagee, evidenced by the Note and all renewals, extensions and modifications thereof;
provided, however, that: (i) nothing contained herein shall create an obligation on the part of Mortgagee to make future advances
or readvances to Mortgagor and (ii) the maximum amount of all indebtedness outstanding at any one time secured hereby shall not
exceed twice the face amount of the Note, plus interest thereon and costs of collection (including court costs and reasonable
attorneys’ fees); and (c) in consideration of the further sum of Three Dollars ($3.00) to Mortgagor in hand well and truly paid by
Mortgagee at and before the sealing and delivery of these presents, the receipt whereof is hereby acknowledged, Mortgagor has
granted, bargained, sold, and released, and by these presents does hereby grant, bargain, sell, release and convey unto Mortgagee
the real estate (the “Premises") described as follows:
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
______________________________________________________________________________________.
A plat of the subject property is recorded in Plat Book _______ at Page _________.
Derivation: This being the same property conveyed to Mortgagor by Deed of _____________ dated _______________ and
recorded __________________ in the Office of the ___________________ for ___________________ County In Deed Book
_______ at Page _________.
SC Bar Form:_______
Last Revised: _______
This form is a basic form intended for use only by South Carolina licensed attorneys. Use by others may constitute the
unauthorized practice of law.

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