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Loan Agreement Form

(The Effective Date) by and among/ Between:
AND
1. Loan Amount. Lender agrees to loan Borrower the principal sum of
(the Loan) Together with the interest on the outstanding principal amount of the Loan ( The Principal Balance) and in accordance with the terms set forth below.
2. Repayment of Loan.
All payment under this Agreement are applied first to accrued interest and then to the Principal Balance. The Loan shall be payble in installments equal to
The first payment is due on
And due thereafter in
(Number of ) equal consecutive
3. SECURITY
and Borrowers hereby grands to Lender a securiity interest in and to such property.
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