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    Multistate Fixed Rate Note (Biweekly) | USA


    Prepare a Promissory Note for a mortgage loan to be paid in biweekly payments with this USA Multistate Fixed Rate Note template.

    • This form can be used in most U.S. states.
    • The borrower promises to pay the principal amount of the loan, plus interest and any late charges or loan fees that the lender is allowed to charge.
    • Loan payments will be made every two weeks and will be applied first to late charges (if any), then to accrued interest, and the remainder to pay down the principal.
    • If the borrower fails to make the payments on time, the lender has the right to terminate the bi-weekly payments and demand that the payments be made on a monthly basis instead.
    • The Note can be used as security for a loan in connection with a mortgage, a deed of trust or a security deed.
    • Available in MS Word format.
    Download Type: Microsoft Word
    Last Updated: 19-July-2023
    SKU: 6529