A North Carolina secured promissory note is a debt repayment agreement where a borrower pledges valuable assets as collateral to secure a loan from a lender. Yes; No. Describe the property being used as collateral: e.g.The material below highlights some, but not all, of the roles and responsibilities associated with collateralizing "Public Deposits" INSTRUCTIONS: Form COLL-93A consists of two documents: "Depository Resolution" found on Page 1; and "Security Agreement" found on Pages 2-7. This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. In North Carolina, many real estate agents use the standard "Offer to Purchase and Contract" (form 2-T) for. The Clerk of Superior Court is to execute the Security Agreement, (Side Two) and forward the entire form to the Depository for execution. The North Carolina Unsecured Promissory Note Template is a legal form that establishes the various terms of a loan agreement.