Minnesota Statute 287.035 provides for mortgage registry tax to be paid on mortgages to be recorded. The rate is 0.0023 of the debt secured (Example: $105,250 X 23 = $242.08 mortgage registry tax). Mortgage registry tax is paid to the Recorder along with recording fees with 3% retained, etc. For further information about recording real estate documents please visit the Clay County Recorder's website.