USA Installment Note with Confession of Judgment

USA lenders, secure repayment of a loan with this Installment Promissory Note and Confession of Judgment template, which allows the borrower to repay the debt in regular installments.

In the event that the borrower defaults in payment, the borrower authorizes any attorney or official of the court to enter judgment by confession against the borrower.
The Note contains an acceleration clause, so that if the borrower defaults in a payment under the Note, the entire balance together with interest becomes immediately due and payable.

This USA Installment Note with Confession of Judgment template is provided in MS Word format, and can be edited as necessary to include all the specifics of your transaction.