Georgia lenders, secure repayment of a loan with this
Deed to Secure Debt and Promissory Note.
- The borrower (grantor) conveys title to the property to the lender (grantee) until the full amount of the indebtedness plus interest is paid in full, at which time the lender will reconvey the property to the borrower.
- The lender has the option to declare the whole amount due and payable if the borrower sells the property, or defaults under the loan.
- The lender has the power to sell the property if the loan is not paid by the maturity date.
- The file includes a Promissory Note.
This
Georgia Deed to Secure Debt and Promissory Note template is available in MS Word format, and is fully editable to fit your needs.
