SECURED LOAN AGREEMENT
This Loan Agreement (the “Agreement”) in entered into by and between _(the
“Lender”) of (Address) and _(Phone Number) AND
___(the “Borrower”) of _(Address) and ___(Phone
Number) on _____(date)
The parties agree to be bound by the following terms and conditions:
The lender is ready to sanction ____________as the loan amount at ______interest rate. The loan agreement is valid from ______ and is ending on __ (Give both
dates)
The borrower will pay an installment of ______per month for ______years (Amount and tenure of the loan) Any late installment will be accepted with_____________as a fine (Enter amount) In case the borrower is unable to complete the loan following mentioned property will be auctioned to recover the loss: _______________(property guarantee details)
This loan agreement represents the entire Agreement between the parties and supersedes any
previous written or oral agreement. This Agreement modified at any time provided the written
consent from both parties
The parties agree that if any portions of this contract are void or unenforceable. We will strike
from the record, and the remaining provisions will retain their full force and effect.
Any disputes arising will be solved and adjudicated upon by a court of competent jurisdiction
within the: (STATE, PROVINCE OR TERRITORY)
In Witness Of, this Agreement is duly executed by the duly authorized parties as follows:
Borrower Lender
(Signature) (Signature)
(Date) (Date)
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