This is a form of Promissory Note for use where residential property is security for the loan. A promissory note is a written promise to pay a debt. An unconditional promise to pay on demand or at a fixed or determined future time a particular sum of money to or to the order of a specified person or to the bearer. A separate deed of trust or mortgage is also required.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.Notas Promisorias de Tasa Fija en Cuotas de Texas Garantizadas por Bienes Raíces Residenciales - Texas Installments Fixed Rate Promissory Note Secured by Residential Real Estate
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