Hawaii Time Share Purchase Money Mortgage and Security Agreement

Prepare a Purchase Money Mortgage and Security Agreement for a time share purchase in Hawaii with this ready-made template.

• The buyer is purchasing a time share ownership interest in a vacation resort condominium.
• The mortgage is given as security for a purchase money note executed by the buyer in favor of the seller for a portion of the purchase price.
• The seller has a security interest over the buyer's personal property and fixtures which form part of the property being mortgaged.
• The seller is also granted a power of sale.
• The file includes a Financing Statement.