Products tagged with 'georgia loan form'

Georgia lenders can use this template Deed and Promissory Note to secure repayment of a debt from a borrower.

• The Deed and Promissory Note are typically used as security for a mortgage loan in the State of Georgia.
• The borrower conveys title to the property to the lender until the full amount of the indebtedness plus interest is paid in full.
• Once the debt is paid, the lender will reconvey the property to the borrower.
• The lender has the option to declare the whole amount due and payable if the borrower sells the property, or defaults under the loan.
• The lender has the power to sell the property if the loan is not paid by the maturity date.
• The downloadable file includes a Promissory Note.
• Available in MS Word format.
• Intended to be used only in the State of Georgia.