Common Contracts
1 similar Loan Agreement contracts
NOTELoan Agreement • June 30th, 2021
IF THIS LOAN IS NOT FORGIVEN UNDER THE TERMS STATED IN THIS NOTE, I MUST REPAY THE ENTIRE PRINCIPAL BALANCE OF THE LOAN AT THE MATURITY DATE, THE LENDER IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THE MATURITY DATE. I WILL, THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS THAT I MAY OWN, OR I WILL HAVE TO FIND A LENDER, WHICH MAY BE THE LENDER I HAVE THIS LOAN WITH, WILLING TO LEND ME THE MONEY. IF I REFINANCE THIS LOAN AT THE MATURITY DATE, I MAY HAVE TO PAY SOME OR ALL OF THE CLOSING COSTS NORMALLY ASSOCIATED WITH A NEW LOAN EVEN IF I OBTAIN REFINANCING FROM THE SAME LENDER.
