loan

Page1of3

LOANAGREEMENT

ThisLoanAgreement(the“Agreement”)interedinto____________________(the

“EffectiveDate”),byandbetween________________________,withanaddressof

_____________________________(the“Lender”)and_________________,withanaddressof

_______________________________,(the“Borrower”),collectively“theParties.”

WHEREAS,Borrowerdesirestoborrowafixedamountofmoney;and

WHEREAS,Lenderagreestolendafixedamountofmoney;

INCONSIDERATIONof,themutualpromis,covenants,andconditionscontained

herein,thePartiesagreeasfollows:

tiesagreeLenderwillloanBorrower$_____________________

(the“Loan”).

tiesagreetheInterestRateforthisloanshallbe____%tobe

accruedmonthly.

anshallbeforaperiodof____years/months.

tiesagreeBorrowershallpayLender$_________permonthon

the___tshallbeappliedasfollows:

PrincipalLoanAmount$_________

Interest$_________

tshallbeconsideredlateifreceivedbyLender___days

willhavetheoptiontochargealatefeeof_____%.

owerdefaultsonitspaymentsandfailstocuresaiddefaultwithin

areasonableamountoftime,Lenderwillhavetheoptiontodeclaretheentire

remainingamountofPrincipalandanyaccruedInterestimmediatelydueand

payable.

erwillnotbepenalizedforearlypayment.

Page2of3

rtiesreprentthattheyarefully

formanceandobligationsofeither

Partywillnotviolateorinfringeupontherightsofanythird-partyorviolateany

otheragreementbetweentheParties,individually,andanyotherperson,

organization,orbusinessoranylaworgovernmentalregulation.

ventanyprovisionofthisAgreementisdeemedinvalidor

unenforceable,inwholeorinpart,thatpartshallbeveredfromtheremainder

oftheAgreementandallotherprovisionsshouldcontinueinfullforceandeffect

asvalidandenforceable.

lurebyeitherpartytoexercianyright,powerorprivilegeunder

thetermsofthisAgreementwillnotbeconstruedasawaiverofanysubquent

orfurtherexerciofthatright,powerorprivilegeortheexerciofanyotherright,

powerorprivilege.

ventofadisputeresultinginlegalaction,thesuccessfulparty

willbeentitledtoitslegalfees,including,butnotlimitedtoitsattorneys’fees,

collectionfeesandthelike.

reementislegalandbindingbetweenthe

reementmaybeenteredintoandislegaland

tieach

reprentthattheyhavetheauthoritytoenterintothisAgreement.

tiesagreethatthisAgreementshallbe

governedbytheStateand/orCountryinwhichbothPartiesreside/

theeventthatthePartiesreside/dobusinessindifferentStatesand/orCountries,

thisAgreementshallbegovernedby_________law.

tiesacknowledgeandagreethatthisAgreement

ventthattheParties

desiretochange,add,orotherwimodifyanyterms,theyshalldosoinwriting

tobesignedbybothparties.

ThePartiesagreetothetermsandconditionstforthaboveasdemonstratedbytheir

signaturesasfollows:

“LENDER”

Signed:_____________________________________

Page3of3

By:________________________________________

Date:_______________________________________

“BORROWER”

Signed:_____________________________________

By:________________________________________

Date:______________________________________