Products tagged with 'loan security form'

Secure the repayment of a loan with this Promissory Note form for interest payments only.

• The Note allows the borrower to make payments against interest only, with no payment to be made against the principal amount until a date set out in the Note.
• Interest payments are made in arrears, on regularly scheduled payment dates.
• The borrower can repay the principal amount of the loan at any time without having to pay a prepayment penalty.
• This Promissory Note for Interest Only template is generic (not country specific) and is easy to fill in with all the specifics of your transaction.

Secure repayment of a loan from a shareholder to a corporation with this Ontario Security Agreement for Shareholder Loan.

• The corporation (as borrower) grants the secured party (a trustee for the shareholders) a security interest over the borrower's corporate assets, in order to secure its current or future indebtedness to its shareholders for shareholder advances, stock dividends or other obligations.
• The secured party holds the security interest in trust for the shareholders and may release all or part of the secured collateral as it sees fit.
• The borrower is restricted from selling, transferring, leasing or otherwise disposing of any of the collateral forming the security.
• This legal agreement template is available as a fully editable Microsoft Word document.
• Intended for use only in the Province of Ontario, Canada.

Place a mortgage on a residential property in Kentucky with this Fixed Rate Mortgage form.

This Kentucky Fixed Rate Mortgage form enables borrowers to place a mortgage on a residential property. The form is specifically designed to comply with both federal and state laws, providing a reliable and standardized approach for securing a loan.

Legal Provisions

The mortgage form incorporates uniform covenants, which align with applicable federal law. In addition, it contains important provisions required under Kentucky law, including terms for acceleration of the loan, release or satisfaction of the mortgage, waiver of homestead rights, tax obligations, and protective advances. These provisions ensure the mortgage agreement is comprehensive and compliant with laws.

Loan Security

This mortgage creates a security interest for the lender in connection with a mortgage loan and the associated promissory note. By executing this form, the borrower agrees to use the property as collateral to guarantee repayment of the loan.

Template Availability and Usage

The Fixed Rate Mortgage form is available as a downloadable legal template in MS Word format. The template is intended for residential mortgage transactions within the Commonwealth of Kentucky.

If you are loaning money to a person or company in the UK, secure repayment of the loan with this Promissory Note and Guarantee.

• The borrower agrees to repay the loan with interest calculated monthly on the unpaid balance.
• The borrower may prepay the balance at any time without penalty.
• The Note includes a guarantee of payment of the Note by a guarantor.
• Available in MS Word format.
• Intended to be used only in the United Kingdom.

Create a promissory note for repayment of a revolving loan with this customizable template for credit facilities.

• The Note is secured by a Security Agreement.
• The entire loan amount plus interest becomes payable if an event of default occurs.
• The prevailing party in a legal action is entitled to costs, including reasonable attorneys' fees.
• The Note can be used throughout the United States.
• Available in MS Word format, reusable and fully editable.

Assign your interest in a debt and its underlying security with this Assignment of Debt and Security form for the Province of Ontario.

• The assignor (creditor) holds a security interest over the property and assets of a debtor as security for a loan.
• The assignor assigns and transfers the security interest to another party who is purchasing all of the assignor's interest in the debt and the security.
• This type of assignment is often part of a sale of a business that extends credit to its customers.
• The form is available as a downloadable and fully editable MS Word document.
• Intended to be used only in the Province of Ontario, Canada.