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    Virginia Fixed Rate Note

    $6.29

    This template is a fixed rate Promissory Note signed by a borrower in connection with a loan secured by the borrower's property. The form is for loans in Virginia.

    • In addition to the Note, the borrower will execute a Deed of Trust, transferring the title deed to a trustee until the loan is repaid.
    • The borrower will make monthly payments on the outstanding balance of the loan.
    • If the borrower defaults in making the payments, the note holder has the right to accelerate the loan and demand repayment of the entire loan balance in 30 days.
    • The borrower also promises to pay the note holder's costs in enforcing the Note, including reasonable attorneys' fees.
    • The Virginia Fixed Rate Note is prepared in plain language so it is easy to understand.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 1897