Installment Note with Due on Sale
|DO NOT DESTROY THIS NOTE: When paid, this note, with Deed of Trust securing same, must be surrendered to Trustee for cancellation before reconveyance will be made | | |
| |
| |
|Escrow No. |
| |
|INSTALLMENT NOTE – INTEREST INCLUDED |
| |
| |
| |
| |
| |
| |
| |
| |
For value received, (“payor/trustor”) promise to pay to (“payee/beneficiary”) or order, at place designated by (“payee/beneficiary”), the principal sum of dollars, with interest from at the rate of percent per annum on the amounts of principal sum remaining unpaid from time to time.
Principal and interest payable in installments of or more each, on the day of each and every beginning on and continuing until .
The Deed of Trust securing this note contains the following provision: In the event the herein described property, or any part thereof, or any interest therein, is sold, agreed to be sold, conveyed or alienated by the Trustor, or by the operation of law or otherwise, all obligations secured by this instrument, irrespective of the maturity dates expressed therein, at the option of the holder hereof, and without demand or notice, shall immediately become due and payable.
Each payment shall be credited first on interest then due and the remainder on principal; and interest shall then cease upon the principal so credited. Principal, interest, and all other sums which may become due in connection with this note and the deed of trust securing same, shall be payable in lawful money of the United States of America. Should default be made in any payment when due, the whole sum of principal and interest shall become immediately due at the option of the holder of this note. If action be instituted on this note, I promise to pay such sums as the Court may fix as attorney’s fees.
| | |
| | |
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- it is the policy of csu stanislaus to ensure that all mpp
- potato bubbles intro to enzymes laboratory
- sample performance improvement period notice
- failure of initial credentialing process
- part 1 chapter 2 section a general information on due
- installment note with due on sale
- redundancy termination notice letter
Related searches
- installment loans with monthly payments
- installment loans with low payments
- due on or due by
- due on vs due by
- personal installment loans with bad credit
- installment loans with fair credit
- cheap installment loans with no credit checks
- installment loans with no credit check
- installment loans with guaranteed approval
- installment loans with bad credit
- installment loans for people on disability
- installment loans with no verification