This is a Loan Agreement between a bank and a borrower. The borrower agrees to execute a promissory note in favor of bank. It is contemplated that the borrower will borrow the entire amount at closing and repay the same as required by the note and the agreement.
North Dakota Loan Agreement - Short Form
Category:
State:
Multi-State
Control #:
US-00558
Format:
Word;
Rich Text
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How to fill out Loan Agreement - Short Form?
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FAQ
A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower.
Mortgages: Do not require witnesses but must be acknowledged to be recorded.
Recording Satisfaction: When the amount due on a mortgage is paid off, the mortgagee must acknowledge satisfaction thereof by execution of an instrument in writing, referring to the mortgage, and duly acknowledged and recorded.
A Mortgage Satisfaction will only be issued on the condition that all other requirements under the mortgage have been met. All documentation should be sent electronically to mtgsatisfact@hpd.nyc.gov. ... MORTGAGE INFORMATION. ... PROPERTY INFORMATION. ... BORROWER / LEGAL OWNER INFORMATION. ... CONTACT INFORMATION (If Different from Above)
Satisfactions Generally: Once a mortgage or deed of trust is paid, the holder of the mortgage is required to satisfy the mortgage or deed of trust of record to show that the mortgage or deed of trust is no longer a lien on the property.