Common Contracts

Contract

July 21st, 2021

• Filed
  July 21st, 2021

Please note that this section is not the loan agreement and is merely an attempt to make sure that you understand important facts about it. Acknowledgement of the Borrower(s): Please Read This First By signing this Agreement, you make the following promises and acknowledgements to the Lender: i. I understand that by signing the loan agreement I become liable for repayment of the loan in full. I must make all the payments. I have read the agreement or I have been given an opportunity to read it before signing; ii. I have been advised to obtain independent legal advice before signing as to what I must do and what rights the Lender has in this agreement. That means I should talk to a lawyer who is independent and not advising any other borrower or anyone who receives the money; iii. I promise to the Lender that I have the financial ability to pay any instalments due under this loan agreement and to make the final payment or if I cannot make the payments, I am prepared to lose the propert