Common Contracts
1 similar Deferment Agreement contracts
Generations Bank Loan Payment Deferment AgreementDeferment Agreement • March 23rd, 2020
The Borrower(s) understand that by deferring their monthly payments, the maturity date may be extended; ifescrow is present, escrow payment amounts will increase due to missed escrow payments, the principal balance will not reduce as originally scheduled resulting in additional interest expense. Payments will recommence on your normal payment date following the month in which the deferment period ends.Borrower(s) attest that all additional co-borrowers & guarantors are aware of the deferral requested and consent to this deferment. Borrowers Signature Date Print - Borrower Name & Title (if applicable) Generations Bank Signature Date Print - Generations Bank by: Name & Title
