This Fixed Rate Promissory Note is part of the documentation that a borrower must sign when obtaining a mortgage loan in the State of New Hampshire.
- The borrower agrees to make equal monthly payments of principal and interest until the maturity date of the mortgage. On that date, the borrower will pay the remaining outstanding balance in full.
- The note holder has the option to accelerate the mortgage if the borrower is in default under the note. In other words, the note holder can demand repayment of the entire outstanding balance of principal and interest.
- If the borrower takes legal action against the note holder and is successful, the court will award reasonable attorneys' fees to the borrower.
This New Hampshire Fixed Rate Mortgage Note
is a downloadable MS Word template which is written in plain language.
Last Updated: 14-April-2016