Common Contracts
1 similar Payoff Agreement contracts
PAYOFF AGREEMENTPayoff Agreement • March 18th, 2003
We, the undersigned, do hereby acknowledge and agree that any pay-off information, be it verbal or in writing, is tentative. Accordingly, we hereby hold Signature Title Company harmless in regard to any pay-off shortage. We further agree, if after the loan company or bank has received our pay-off, and if said pay-off is insufficient, that we will immediately assist Signature Title Company in expediting the shortage and will, upon request from Signature Title Company bring such shortage to the Lender in order to obtain a Full Deed of Release on said Mortgage. If Signature Title Company seeks enforcement of this agreement the affiants herein will pay Signature Title Company’s reasonable attorney’s fees and court costs.
