Line of Credit Promissory Note ($12.50)

Use this template to create a Promissory Note which secures a line of credit and allows for multiple advances up to a specified maximum amount. Interest on the secured amount is simple interest accruing monthly. The note is secured by a mortgage on the Borrower's property. There is no prepayment penalty.

This is a generic legal document in MS Word format, and is not specific to any country or region.

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