North Carolina Mortgage Note
Secure repayment of a home loan with this Mortgage Note for North Carolina, which is backed by a mortgage against the borrower's property.
- Repayment of the principal and interest will be made in regular equal monthly installments.
- The borrower has the right to prepay all or part of the principal at any time without a penalty or premium being charged.
- If the borrower defaults in making any payment when it becomes due, the entire balance together with interest becomes immediately due and payable at the option of the lender.
- Each of the persons signing the note is jointly and severally obligated and the lender may enforce its rights against each person individually or against them all together.
- Available in MS Word format.
- Intended to be used only in the State of North Carolina.
Download Type:
Microsoft Word
Last Updated: 12-March-2024
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