Creo Balloon Note With Quantity In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00425BG
Format:
Word;
Rich Text
Instant download
Description
The Creo Balloon Note with quantity in Maricopa is a financial document outlining a promissory note agreement between a borrower and a lender. This form specifies the total amount borrowed, interest rate, and payment structure, which includes monthly installments followed by a larger 'balloon' payment at maturity. Users must fill in pertinent details such as loan amount, lender's information, and specific dates for payment schedules. The form features provisions for prepayment and outlines consequences for default, ensuring clarity on the collection fees. This note is particularly useful for attorneys, partners, and owners involved in real estate transactions, as it secures debt with a Deed of Trust on the property. Paralegals and legal assistants will find it beneficial for facilitating client understanding of loan obligations and ensuring compliance with usury laws. By utilizing this form, professionals can effectively manage client financing strategies while maintaining legal standards.
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