Seller or Private Financing. 153 WARNING: Unless the transaction is exempt, federal and state laws impose licensing, other requirements and restrictions on 154 sellers and private financiers. Contract provisions on financing and financing documents, unless exempt, should be prepared by a 155 licensed Colorado attorney or licensed mortgage loan originator. Brokers should not prepare or advise the parties on the specifics 156 of financing, including whether or not a party is exempt from the law.
Seller or Private Financing. Buyer agrees to execute a promissory note payable to , 145 as Joint Tenants Tenants In Common Other , on the note form as indicated: 146 (Default Rate) NTD81-10-06 Other secured by a 147 (1st, 2nd, etc.) deed of trust encumbering the Property, using the form as indicated: 148 Due on Transfer – Strict (TD72-8-10) Due on Transfer – Creditworthy (TD73-8-10) Assumable – Not Due on 149 Transfer (TD74-8-10) Other . 150 The promissory note shall be amortized on the basis of Years Months, payable at $ 151 per including principal and interest at the rate of % per annum. Payments shall commence 152 and shall be due on the day of each succeeding . If not sooner 153 paid, the balance of principal and accrued interest shall be due and payable after Closing. 154 Payments Shall Shall Not be increased by of estimated annual real estate taxes, and Shall Shall 155 Not be increased by of estimated annual property insurance premium. The loan shall also contain the following
Seller or Private Financing. Buyer agrees to execute a promissory note payable to ______________________- as 1/28 Joint Tenants____________ 1/28 Tenants in Common __________1/28 Other____________________________________, on the note form as indicated: 1/28 (UCCC - No Default Rate) NTD 82-3-95 1/28 (Default Rate) NTD 81-11-83 1/28 Other_____________secured by a _________(1st, 2nd, etc.) deed of trust encumbering the Property, using the form as indicated: 1/28 Strict Due on Sale (TD 72-7-96) 1/28 Credit worthy (TD 73-7-96) 1/28 Assumable ___________ Not Due on Sale (TD 74-7-96) 1/28 Other__________________ Buyer 1/28 Shall 1/28 Shall Not execute and deliver, at Closing, a Security Agreement and UCC-1 Financing Statement granting the holder of the promissory note a _____________(1st, 2nd etc.) lien on the personal property included in this sale. The promissory note shall be amortized on the basis of __________ 1/28 years ________1/28 months, principal and accrued interest shall be due and payable ______ after Closing. Payments 1/28 Shall 1/28 Shall Not be increased by 1/12 of estimated annual real estate taxes, and 1/28 Shall_______1/28 Shall Not___be increased by 1/12 of estimated annual property insurance premium. The loan shall also contain the following terms: if any payment is not received within _______ calendar days after its due date, a late charge of ________% of such monthly payment shall be due. Interest on lender disbursements under the deed of trust shall be ______% per annum. Default interest rate shall be _______% per annum. Buyer may prepay without a penalty except ______________________. Buyer 1/28 Shall ___1/28Shall Not provide a mortgagee's title insurance policy, at Buyer's expense. e. Cash at Closing. All amounts paid by Buyer at Closing including Cash at Closing, plus Buyer's closing costs, shall be in funds which comply with all applicable Colorado laws, which include cash, electronic transfer funds, certified check, savings and loan teller's check and cashier's check (Good Funds).
Seller or Private Financing. Xxxxx agrees to execute a promissory note payable to , as 131 132 Joint Tenants note form as indicated: Tenants In Common Other , on the 133 (Default Rate) NTD81-10-06 Other secured by a 134 (1st, 2nd, etc.) deed of trust encumbering the Property, using the form as indicated: 135 Due on Transfer – Strict (TD72-9-08) Due on Transfer – Creditworthy (TD73-9-08) Assumable – Not Due on Transfer (TD74-9-
Seller or Private Financing. Xxxxx agrees to execute a promissory note payable to:(53) 97 , as (54) G Joint Tenants G Tenants in Common G Other , on the note form as indicated: 98 99 100
Seller or Private Financing. Buyer agrees to execute a promissory note payable to 169 , as Joint Tenants Tenants In Common Other 170 , on the note form as 171 indicated: 172 (Default Rate) NTD81-10-06 Other 173 secured by a (1st, 2nd, etc.) deed of trust encumbering the Property, using the form as 174 indicated: 175 Due on Transfer – Strict (TD72-9-08) Due on Transfer – Creditworthy (TD73-9-08) 176 Assumable – Not Due on Transfer (TD74-9-08) Other 177 . 178 The promissory note shall be amortized on the basis of Years Months, payable at 179 $ per including principal and interest at the rate of 180 % per annum. Payments shall commence and shall be due on the day 181 of each succeeding . If not sooner paid, the balance of principal and accrued 182 interest shall be due and payable after Closing. Payments 183 Shall Shall Not be increased by of estimated annual real estate taxes, and Shall 184 Shall Not be increased by of estimated annual property insurance premium. The loan 185 shall also contain the following terms: (1) if any payment is not received within days after its 186 due date, a late charge of % of such payment shall be due; (2) interest on lender disbursements 187 under the deed of trust shall be % per annum; (3) default interest rate shall be 188
Seller or Private Financing. Buyer agrees to execute a promissory note payable to: 131 , as Joint Tenants Tenants in 132 Common Other , on the note form as indicated: 133 (UCCC - No Default Rate) NTD 82-5-04 (Default Rate) NTD 81-5-04 134 Other secured by a (lst, 2nd, etc.) deed of trust 135 encumbering the Property, using the form as indicated: Strict Due-On-Sale (TD 72-5-04) 136 Creditworthy (TD 73-5-04) Assumable - Not Due On Sale (TD 74-5-04) Other 137 . 138 The promissory note shall be amortized on the basis of Years Months, payable at 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196
Seller or Private Financing. Xxxxx agrees to execute a promissory note payable to , as Joint Tenants 110 Tenants In Common Other , on the note form as indicated: 111 (Default Rate) NTD81-10-06 Other secured by a (1st, 2nd, etc.) deed of trust encumbering 112 the Property, using the form as indicated: 113 Strict Due-On-Sale (TD72-10-06) Creditworthy (TD73-10-06) Assumable – Not Due On Sale (TD74-10-06) 114 Other . 115 The promissory note shall be amortized on the basis of Years Months, payable at $ per including principal and 116 interest at the rate of % per annum. Payments shall commence and shall be due on the day of each succeeding . If 117 not sooner paid, the balance of principal and accrued interest shall be due and payable after Closing. Payments Shall Shall Not 118 be increased by of estimated annual real estate taxes, and Shall Shall Not be increased by of estimated 119 annual property insurance premium. The loan shall also contain the following terms: (1) if any payment is not received within calendar days 120 after its due date, a late charge of % of such payment shall be due; (2) interest on lender disbursements under the deed of trust shall be % per 121 annum; (3) default interest rate shall be % per annum; (4) Buyer may prepay without a penalty except ; and (5) Buyer 122 Shall Shall Not execute and deliver, at Closing, a Security Agreement and UCC-1 Financing Statement granting the holder of the promissory 123 note a (1st, 2nd, etc.) lien on the personal property included in this sale. 124 Buyer Shall Shall Not provide a mortgagee's title insurance policy, at Xxxxx's expense.
Seller or Private Financing. Buyer agrees to execute a promissory note payable to , 147 as Joint Tenants Tenants In Common Other , on the note form as indicated: 148 (Default Rate) NTD81-10-06 Other secured by a 149 (1st, 2nd, etc.) deed of trust encumbering the Property, using the form as indicated: 150 Due on Transfer – Strict (TD72-8-10) Due on Transfer – Creditworthy (TD73-8-10) Assumable – Not Due on 151 Transfer (TD74-8-10) Other . 152 The promissory note shall be amortized on the basis of Years Months, payable at $ 153 per including principal and interest at the rate of % per annum. Payments shall commence 154 and shall be due on the day of each succeeding . If not sooner paid, the 155 balance of principal and accrued interest shall be due and payable after Closing. Payments Shall 156 Shall Not be increased by of estimated annual real estate taxes, and Shall Shall Not be increased by 157 of estimated annual property insurance premium. The loan shall also contain the following terms: (1) if any 158 payment is not received within days after its due date, a late charge of % of such payment shall be due; (2) 159 interest on lender disbursements under the deed of trust shall be % per annum; (3) default interest rate shall be 160 % per annum; (4) Buyer may prepay without a penalty except ; and (5) 161 Buyer Shall Shall Not execute and deliver, at Closing, a Security Agreement and UCC-1 Financing Statement granting 162 the holder of the promissory note a (1st, 2nd, etc.) lien on the personal property included in this sale. 163 Buyer Shall Shall Not provide a mortgagee’s title insurance policy, at Buyer’s expense. TRANSACTION PROVISIONS 164
Seller or Private Financing. Buyer agrees to execute a promissory note payable to , 142 as o Joint Tenants o Tenants In Common o Other , on the note form as indicated: 143 o (Default Rate) NTD81-10-06 o Other secured by a 144 (1st, 2nd, etc) deed of trust encumbering the Property, using the form as indicated: 145 o Due on Transfer - Strict (TD72-8-10) o Due on Transfer - Creditworthy (TD73-8- J 0) o Assumable - Not Due on 146 Transfer (TD74-8-10) o Other . 147 The promissory note shall be amortized on the basis of o Years o Months, payable at $ 148 per including principal and interest at the rate of % per annum. Payments shall commence 149 and shall be due on the day of each succeeding . If not sooner 150 paid, the balance of principal and accrued interest shall be due and payable after Closing. 151 Payments o Shall o Shall Not be increased by of estimated annual real estate taxes, and o Shall o Shall 152 Not be increased by of estimated annual property insurance premium. The loan shall also contain the following
