1. Collateral: Include when the loan is secured by specific assets

2. Late Payment Fees: Include if the parties want to impose penalties for late payments

3. Death or Incapacity: Include provisions for handling the loan in case of death or incapacity of either party

4. Loan Forgiveness: Include if there are circumstances under which portions of the loan may be forgiven

5. Dispute Resolution: Include specific procedures for resolving disagreements, particularly relevant for larger loan amounts

6. Financial Hardship: Include provisions for modifying terms in case of borrower financial hardship

7. Tax Implications: Include acknowledgments of tax responsibilities when significant tax implications exist

8. Acceleration Clause: Include when the lender wants the right to demand full repayment under specific circumstances

1. Schedule A - Repayment Schedule: Detailed amortization schedule showing payment dates, amounts, and allocation between principal and interest

2. Schedule B - Collateral Description: Detailed description of any assets securing the loan, if applicable

3. Schedule C - Late Payment Fee Structure: Details of any late payment penalties and how they are calculated, if applicable

4. Appendix 1 - IRS Applicable Federal Rate Statement: Documentation of the IRS AFR rate applicable at the time of loan execution

5. Appendix 2 - Proof of Funds: Documentation showing the transfer of loan funds from lender to borrower