loan agreement form free printable Bank
I, the undersigned Borrower agrees to pay to the lender the amount of _dollars plus interest at a rate per cent per annum and other costs as shown below.
Distribution of the loan that's what Borrower shall pay.
Borrower shall repay the amount of the notes in monthly installments without interruption _equal dollars _ the day of each month of the _day of _, 20, and ending on 20 _day.
Borrower has the right to prepay the entire outstanding amount at any time If this loan is prepaid or refinanced, the lender will refund all unearned finance charges to the borrower.
Any unpaid payment within ten 10 days of its due date is subject to a late charge _ percent of the payment, not to exceed _for such payment late.
As security for the loan, the borrower gives the lender as collateral in the property described below.
If for some reason borrower does not pay on time, Borrower is in default.
In case of default, the lender can then demand immediate payment of the outstanding balance of this loan, without notice If Borrower has not paid the full amount of the loan when the final payment is due, interest will accrue on the unpaid balance.
If this loan is in default, the lender shall have the right to pay this loan borrower of any deposit or security to the lender without notice Borrower.
If necessary to place this note with an attorney for collection, Borrower agrees to pay the legal fees, which are added to the outstanding loan balance.
Warning These free forms are provided as they may not be legal or specific They are for information only and you should consult an attorney before use.
Loan Agreement on free consumption professional legal form, loan, free, legal.