Ntd 81 5 04 2025

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This document is a legally binding Promissory Note approved by the Colorado Real Estate Commission, outlining the terms of a loan agreement between a Borrower and a Note Holder. It details the principal amount, interest rate, payment schedule, late charges, prepayment options, and consequences of default. The Note is secured by a Deed of Trust on specified property in Colorado.

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Click ‘Get Form’ to open the ntd 81 5 04 in the editor.
Begin by entering the date at the top of the form. This is crucial for establishing the timeline of your agreement.
In the first section, fill in the Borrower's name and address, followed by the Note Holder's details. Ensure accuracy as these are key parties in this legal document.
Next, specify the principal sum to be borrowed and the interest rate. This information is vital for understanding repayment obligations.
Indicate payment amounts and due dates clearly. This will help both parties keep track of payments and avoid late fees.
Review sections regarding late charges and prepayment options to ensure you understand your rights and responsibilities.
Finally, sign and date where indicated. If applicable, have any co-borrowers or guarantors sign as well.

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