a. 70¢ per $100.00 consideration applies to the full consideration. This includes existing mortgages. A minimum tax of 70¢ is required on all deeds.

2. State Stamps on Mortgage, Financing Statements, Security Agreements, Promissory Notes, Written Obligations to pay money (F.S. 201.08).

a. Rate of Tax - 35¢ per $100.00 or fraction thereof, on the TOTAL amount of the note or obligation. However, on installment notes tax should be computed on the amount financed.

b. On Agreement and Contract for Deeds, Conditional Bills of Sale, Retain Title Contracts, etc, compute the stamps at 35¢ per $100.00 or fraction thereof on the consideration. However, no stamps are required on an Agreement for Deed if it has provision that the seller will look only to the land itself for payment on the balance of the purchase price.

c. Stamps must be affixed to all instruments except Financing Statements.