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1. Parties: Identifies the lender, borrower, and trustee with full legal names and addresses
2. Background: Explains the context of the loan and security arrangement
3. Definitions: Defines key terms used throughout the document
4. Promise to Pay: States principal amount, interest rate, and payment terms
5. Security: Details of the property or assets serving as security
6. Trust Arrangements: Specifies trustee powers, duties, and security holding arrangements
1. Prepayment Provisions: Optional section detailing terms for early repayment if permitted
2. Default Interest: Optional section specifying additional interest rate applicable on default
3. Insurance Requirements: Optional section detailing requirements for insuring secured property when security includes physical assets
1. Property Schedule: Detailed description of secured property
2. Payment Schedule: Amortization table or payment details
3. Form of Transfer: Template for transferring the note to another holder
4. Security Documents: Copies of related security documentation
Business Day
Default Event
Default Interest Rate
Deed of Trust
Due Date
Effective Date
Encumbrance
Interest Rate
Lender
Loan Amount
Maturity Date
Note
Payment Date
Principal Amount
Property
Promissory Note
Secured Obligations
Security
Security Interest
Security Period
Trustee
Trust Property
Additional Security
Authorised Representative
Beneficiary
Enforcement Event
Guarantor
Interest Payment Date
Late Payment Fee
Permitted Encumbrance
Prepayment Fee
Security Agent
Transfer
Interest
Security Creation
Trust Arrangements
Payment Terms
Default
Acceleration
Enforcement
Representations and Warranties
Covenants
Prepayment
Late Payment
Assignment and Transfer
Costs and Expenses
Tax Gross-up
Further Assurance
Notices
Amendments
Severability
Counterparts
Multiple Lenders
Security Agent Provisions
Insurance
Property Maintenance
Environmental Compliance
Cross-Default
Guarantees
Subordination
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