Security Agreement
Collateral To Secure Debt

1. Grant of Security Interest. [Name], residing at [address] (Borrower), grants to [name], with offices at [address] (Lender), its successors and assigns, a security interest in the following property together with any additions, attachments, and accessions that may be placed on it (Collateral): [list].

2. Purpose of Security Interest. The security interest is to secure payment of an indebtedness to Lender evidenced by a promissory note in the principal sum of ........ dollars ($........), with interest at the rate of ...... percent (......%) per annum, signed by Borrower and delivered by Borrower to Lender simultaneously with Borrower's execution, of this Agreement.

3. Borrower's Warranties and Covenants. Borrower warrants and covenants:

a. Title. Borrower is the owner of the Collateral free from any adverse lien, security interest, or encumbrance. Borrower will defend the Collateral against any claims and demands of other persons at any time...

(Excerpt)

Premium Legal Agreement: Instant download - Ready to fill-in and print only $15.00

Contract law requirements

Bankruptcy  Bill of Sale  Construction  Debt  Wills Rent  POA  Trademarks  Notes  How To Prepare Forms

AboutClausesContact UsDisclaimerLink to UsPrivacy PolicyTerms of Use

Twitter Share with Twitter Facebook Share with Facebook Google+ Share with Google+ LinkedIn Share with LinkedIn


© Business Associates Inc