Fill and Sign the 1 Borrowers Promise to Pay in Return for a Loan that I Have Form

NEW YORK FIXED RATE NOTE- Secured (page 1 of 3) NOTE _____________________________, _____ _____________________, New York [Date] [City] _____________________________________________________________________________________________________ [Property Address] 1. BORROWER'S PROMISE TO PAY In return for a loan that I have received, I promise to pay U.S. $________________ (this amount is called "principal"), plus interest, to the order of the Lender. The Lender is _______________________________________. I will make all payments under this Note in the form of cash, check or money order. I understand that the Lender may transfer this Note. The Lender or anyone who takes this Note by transfer and who is entitled to receive payments under this Note is called the "Note Holder."2. INTEREST Interest will be charged on unpaid principal until the full amount of principal has been paid. I will pay interest at a yearly rate of __________%. The interest rate required by this Section 2 is the rate I will pay both before and after any default described in Section 6(B) of this Note.3. PAYMENTS (A) Time and Place of PaymentsI will pay principal and interest by making a payment every month.I will make my monthly payment on the ____ day of each month beginning on _______________, ____. I will make these payments every month until I have paid all of the principal and interest and any other charges described below that I may owe under this Note. Each monthly payment will be applied as of its scheduled due date and will be applied to interest before principal. If, on _________________, 20___ I still owe amounts under this Note, I will pay those amounts in full on that date, which is called the "maturity date." I will make my monthly payments at ______________________________________________________________ or at a different place if required by the Note Holder. (B) Amount of Monthly PaymentsMy monthly payment will be in the amount of U.S. $____________________. 4.
, to a lender authorized to accept this note, that I will use every time i pay . I will immediately provide sufficient funds to pay the loan. The lender will have the right (including the right to the lien described in section 6(c) of this note) to enforce payment of the loan as provided by the creditor's agreement with the lender. (c) the lender (or anyone who takes or is entitled to receive a note) must take reasonable steps to collect payment or obtain other financial assistance from me. If the lender does not collect payments or obtain other financial assistance from me, the lender may recover the unpaid principal. I have waived my right to recovery of costs, including attorney's fee's and attorney's fees for collection expenses. 5. , after i am paid all principal, interest, charges and additional amounts due under this note, I agree that i will promptly pay to the note holder, i all amounts remaining due under the note. I have the right to withdraw this agreement by providing written notice to, , before this agreement is finalized.” i will make all payments on or within the time frame I have indicated. If any additional payment would be made after the termination of an existing balance due under a note, the interest that accrues on that balance will continue to be charged to, or collected from, the note until the note is paid in full. If the notice of withdrawal is not provided within 10 days after I have received that date, i will no longer be under my obligation to provide such notice. I will pay any amounts remaining that are due under this note and any extra fees if my monthly payments are not sufficient to cover the amount owed. I may require any lender or other person to transfer any funds due on this note to a loan holder. If a lender transfers the funds requested by me to the holder of the loan or if I change my own bank account to the holder of the note, I will request that the lender transfer the funds to the holder of the note at a specific time. I will pay the lender, or any person transferring funds to the borrower, at the time the loan holder transfers the funds, unless the lender's transfer is subject to a lien. 2. Note holder. In any county in which it is probable that the loan will be obtained by, the person to whom this note is drawn and to the person on whose behalf it is drawn are collectively called the “note holder." this condition is not satisfied where such a person is not an.