>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Rc9Nfa7vglk
Official Secured Promissory Note Template: • https://bit.ly/3xkJ3Ft • A Secured Promissory Note outlines the terms for a borrower’s promise to repay a loan but is aided by some type of asset owned by the borrower. The collateral provides extra assurances to the lender in the event that the borrower cannot repay the loan. • These notes are usually more attractive to lenders as unsecured notes are not backed up by anything. But Secured Promissory Notes are legally binding documents and should not be signed unless the borrower is sure they’re able to pay off the loan. • Free Version: • https://eforms.com/promissory-note/se... • SUBSCRIBE: • / @eformsofficial • Disclaimer: This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and/or damages in connection with the use of our videos • ----- • 0:00 Intro: • 0:21 Secured Promissory Note: • 0:40 Collateral: • 0:43 When Should I Use A Secured Promissory Note: • 1:06 Writing The Secured Promissory Note: • 1:15 Payments: • 1:26 Interest Due In The Event Of Default: • 1:36 Late Fees: • 1:43 Acceleration: • 2:03 Usury Laws By State: • 2:32 Borrowers And Secured Promissory Notes:
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