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Line of Credit: Secured Promissory Note

Document Sample
Line of Credit: Secured Promissory Note Powered By Docstoc
					This document establishes an official line of credit between a borrower and lender. It
contains numerous of the standard clauses common
				
DOCUMENT INFO
Description: This document establishes an official line of credit between a borrower and lender. It contains numerous of the standard clauses commonly used in these types of agreements, including terms for the amount of the credit line limit and interest rate. As drafted this line of credit promissory note is secured by a mortgage on certain property. This form also provides opportunities for optional language to allow the parties to customize the document to fit their needs.