Hawaii Time Share Purchase Money Mortgage
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.
- This legal agreement is available as a downloadable and fully customizable MS Word file.
- Intended for use only in time share purchases in the State of Hawaii.
Last Updated: 05-August-2021