This is a consumer credit transaction.Simple Interest Note and Security Agreement • November 13th, 2013 • Utah
Contract Type FiledNovember 13th, 2013 JurisdictionMeaning of Words. This agreement is a simple interest note and security agreement (the "Note"). In this Note, the words "you," "your," and "yours" refer to the Borrower and Co-Borrower. The words "we," "us," "our," and "Lender" refer to Medallion Bank, a Utah industrial bank, with its principal address at 1100 East 6600 South, Suite 510, Salt Lake City, Utah, 84121, and its assignees. The word "Property" refers to the Property described below. Medallion Bank, and not the seller of the Property (“Seller”), is the Lender in this transaction.