See this article are downloaded The following legal templates:
Secured Installment NoteDemand To Endorsers For Immediate PaymentChecklist Small Business Legal Compliance InventoryLicense To Use AgreementWorksheet Business SelectionPublic Works Foreman
Line Of Credit Promissory Note Templates Free Download
lawyers-in-usa.com provides thousands of kinds of free legal documents templates, such as the Credit and Collection form ,Credit and Collection form ,Purchase Orders & Price Quotes,Shareholders form ,Press And PR template ,Incorporation form ,Power Of Attorney and so on to view online and also can download the .doc templates file.All templates is guaranteed compliant with the laws in the United States
LINE OF CREDIT PROMISSORY NOTE $_______________ Date:________________ FOR VALUE RECEIVED, _______________________, ("Borrower") promises to pay to the order of ___________________________ ("Lender"), a/an [STATE] Corporation, the principal sum of ___________________Dollars ($________), or so much thereof as may be disbursed to, or for the benefit of the Borrower by Lender in Lender's sole and absolute discretion. It is the intent of the Borrower and Lender hereunder to create a line of credit agreement between Borrower and Lender whereby Borrower may borrow up to $___________________ from Lender; provided, however, that Lender has no obligation to lend Borrower any amounts hereunder and the decision to lend such money lies in the sole and complete discretion of the Lender. INTEREST & PRINCIPAL: The unpaid principal of this line of credit shall bear simple interest at the rate of _____ percent (__%) per annum. Interest shall be calculated based on the principal balance as may be adjusted from time to time to reflect additional advances made hereunder. Interest on the unpaid balance of this Note shall accrue monthly but shall not be due and payable until such time as when the principal balance of this Note becomes due and payable. The principal balance of this Note shall be due and payable on _____________. There shall be no penalty for early repayment of all or any part of the principal. SECURITY: This Note shall be secured by a mortgage ("Mortgage") upon certain property owned by the Borrower located in _________ County, [STATE]. DEFAULT: The Borrower shall be in default of this Note on the occurrence of any of the following events: (i) the Borrower shall fail to meet its obligation to make the required principal or interest payments hereunder. (ii) the Borrower shall be dissolved or liquidated; (iii) the Borrower shall make an assignment for the benefit of creditors or shall be unable to, or shall admit in writing their inability to pay their debts as they become due; (iv) the Borrower shall commence any case, proceeding, or other action under any existing or future law of any jurisdiction relating to bankruptcy, insolvency, reorganization or relief of debtors, or any such action shall be commenced against the undersigned; (v) the Borrower shall suffer a receiver to be appointed for it or for any of its property or shall suffer a garnishment, attachment, levy or execution. REMEDIES: Upon default of this Note, Lender may declare the entire amount due and owing hereunder to be immediately due and payable. Lender may also use all remedies in law and in equity to enforce and collect the amount owed under this Note. Borrower hereby waives demand, presentment, notice of dishonor, diligence in collecting, grace and notice of protest. BORROWER: _______________________________________ Other Forms You May Need * Mortgage Deedclick to download Line Of Credit Promissory Note template
Other legal template form
Law Firms In Usa
You will find all The listed law firms in usa and their details and Their website.
Baker and McKenzie Greenberg Traurig Law Firms KandL Gates Law Firms Mayer Brown Law Firms Sidley Austin Law Firms The property law Farmington Hills lawyer Jonathan D. Abrahams - Farmington Hills, MI Canton lawyer Abbott, Parri S. Summerville lawyer Abernathy, Rex B. Phoenix lawyer Abrahams, Tyler M. Costa Mesa lawyer Find Lawyer Profiles Sterling Heights Michigan lawyer Scott, Lawrence M. Sioux Falls lawyer Marilyn F. Trefz - Sioux Falls, SD Bismarck lawyer David D. Schweigert - Bismarck, ND Gastonia North Carolina lawyer Trakas, Andrew G Dallas Texas lawyer Scopellite, Michelle J. Fort Worth Texas lawyer Scott, Lynn Rossi Blue Bell lawyer Lynne Scott - Blue Bell, PA
Lawyers In Usa State
Beaverton lawyer Aaby, Barbara J. Beaverton lawyer Find Lawyer Profiles Warren lawyer Abitante, Tam M. Beaverton lawyer Find Lawyer Profiles Clinton Township lawyer Cy Matthew Abdo - Clinton Township, MI Santa Barbara lawyer Abkin, Kimberly E North Adams lawyer Aalberts, Danielle D. Clinton Township lawyer Matthew Sherman Abdo - Clinton Township, MI Dallas lawyer Frank Able - Dallas, TX Clemson lawyer Aaron, Cheryl Bala Cynwyd lawyer Abdur-Rahman, M. Umar (Of counsel) Huntsville lawyer L. Bruce Ables - Huntsville, AL New York lawyer Deirdre Aaron - New York, NY Beaverton lawyer Find Lawyer Profiles