Promissory Note with Collateral Charge on Land | Canada

Are you lending a large sum of money? Have the borrower put up land as collateral with this Promissory Note with Collateral Charge on Land, for use in Canada.

  • The collateral charge on the land is held by the lender as additional security for repayment of the principal amount under the Note.
  • Interest on the balance is a floating rate, calculated based on the then-current prime lending rate of the lender's bank.
  • The outstanding balance may be prepaid by the borrower without penalty (no prepayment premium or fee will be charged).
  • This legal document template is available in MS Word format and is easy to download, fill in with your details, and print.
  • Governed by Canadian laws and intended for use in Canada.
Document Type: Microsoft Word
Last Updated: 03-April-2021
SKU: 6512
$2.29
Customers who bought this item also bought

Alberta Personal Directive Form

What would happen if you suddenly became unable to look after yourself? Make your wishes known ahead of time with this Personal Directive form for Alberta residents.

  • In a Personal Directive (sometimes called an advance health care directive or a living will), you appoint someone you trust as your agent to make personal care decisions on your behalf if you have been determined to lack capacity to make those decisions for yourself.
  • Using this form you can give your agent detailed instructions and set out your wishes regarding:
    • health care,
    • accommodation,
    • persons you can live and associate with,
    • participation in social activities,
    • educational activities,
    • employment activities,
    • legal matters, and
    • other non-financial personal matters.
  • This Personal Directive is a free fillable PDF form from the Government of Alberta, Form OPG5521 rev. 2016-06.
$0.00