Loan Transaction Forms

Mississippi lenders, prepare a Collateral Assignment of Leases and Rents for execution by a corporate borrower, with this fully editable template.

• The borrower assigns to the lender all of its interest in the leases and rents payable in respect of property owned by the borrower, to secure repayment of a commercial business loan.
• The lender also has the right to collect all revenues from the leases, including parking fees, taxes and insurance contributions, and liquidated damages after default.
• The borrower indemnifies and holds the lender harmless from any liability, loss or damage.
• The borrower will not amend any lease, or terminate or accept surrender of any lease without the lender's consent.
• All rentals collected from the premises are to be applied firstly to repayment of the debt.

This Mississippi Certificate of Corporate Borrower is part of the paperwork documenting and securing a commercial loan. An officer of the corporation makes certifications regarding:

• the borrower's corporate status, its legal and valid authority to enter into the agreement,
• the financial situation of the borrower,
• the title and status of the property being mortgaged by the borrower as security for the loan,
• the presence of any hazardous substances on the property,
• the existence of any legal actions against the borrower or with respect to the property.

Use a commercial property as security for a loan with this Deed of Trust and Security Agreement for Mississippi.

• Title to the property is transferred to the lender who will act as trustee and hold the title as security for the borrower's repayment of a commercial business loan.
• If the borrower defaults in making its loan payments, the entire balance immediately becomes due and payable and the lender may foreclose on the property.
• The borrower is responsible for paying all taxes, assessments, liens and other charges against the property.
• This is a customizable legal form that is easy to use and can be re-used as often as you like.

If you make business loans in Mississippi, you need a copy of the Commercial Deed of Trust and Security Agreement. Buy and download it for your document library.

• The Agreement is between the lender, the borrower, and a tenant who has leased all or part of the mortgaged premises.
• The tenant agrees to subordinate the lease and its leasehold rights to the lender's lien in connection with the mortgage loan.
• If the lender forecloses on the property, the lender agrees not to disturb the tenant's use of the leased premises so long as the tenant is not in default under the lease.
• If the property is foreclosed and sold, the tenant agrees to attorn to the purchaser as the landlord under the lease.

Secure a commercial loan to a business with this fully editable template mortgage form for Canadian lenders.

• The mortgage will be registered against the title to property owned by the borrower, to secure repayment of a commercial loan or other credit facility.
• Interest is calculated annually and payable semi-annually. Payments are made against combined principal and interest.
• The mortgage contains additional clauses for condominium properties.
• This downloadable legal template can be used in most provinces and territories of Canada except Quebec.

Obtain a security interest in a borrower's vehicle with this Motor Vehicle Security Agreement for Canadian lenders.

• The borrower (debtor) grants the lender (secured party) a security interest in the borrower's motor vehicle, to induce the lender to give credit to the borrower.
• The borrower will carry fire, theft, collision and comprehensive insurance on the vehicle, and pay all taxes, liens and charges against the vehicle.
• The borrower is not allowed to sell or encumber title to the vehicle as long as the Agreement is in effect.
• This template can be used in any province or territory of Canada except Quebec.
• The legal form template is downloadable and fully editable.

USA lenders, serve a debtor with this Notice of Intention to Sell Property before the sale, in accordance with applicable laws in your State.

• The property was pledged as collateral security for a loan from the lender to the debtor.
• The lender (secured party) prepares and serves the Notice to advise the debtor that the property will be sold either through private sale or at public auction, to cover all or part of the outstanding debt, following default by the debtor in making payment.
• The form includes a Certificate of Service, to record how the Notice was served on the debtor.
• This Notice form is available as a MS Word template document which is downloadable and easy to use.
• The form can be used in States that do not have a statutory form.

Give notice of your security interest in a debtor's collateral with this Notice of Interest in Collateral template for Canadian lenders.

• The Notice must be given by a lender or other secured party to any other person or firm which has a security interest in the same collateral.
• This form can be used in any province or territory of Canada which has a Personal Property Security Act.
• Available in MS Word format.

Give notice of a purchase money security interest in inventory with this template form for Canadian businesses.

• The Notice is given by a supplier to other creditors of a customer to whom the supplier has sold inventory on credit, using the goods as collateral.
• The Notice should be sent to any creditor who also has a security interest in the customer's inventory.
• The supplier notifies the other creditors that its security interest may take priority over theirs.
• This Notice form is available in MS Word format.
• Intended for use only in Canada, pursuant to Personal Property Security Act legislation.

Prepare a Notice of Right to Rescission for your customers with this template form for the United States.

• This notice is required by law to be given to a customer in relation to a loan, lease, purchase or other transaction which could result in a lien or security interest being placed on the customer's home.
• The notice sets out the customer's right to cancel (rescind) the contract within three business days of the transaction date, and details the procedure for canceling.
• This is a reusable legal form. Pay for the document once, download it, then use it as often as you require.
• Intended to be used only within the United States.