Texas Annotated Real Estate Forms, Vol. 1: Promissory Note

AnnotatedRE3D

Texas Annotated Real Estate Forms (Volume 1): Promissory Note

  • John M. Nolan and Edward A. Peterson
  • Instant Download! Digital Download Features
  • 1 volume; softbound
  • 260 pages
  • © 2015


Need more than one copy? Select the additional license check box on the purchase page and pay only $25 per license.

This Annotated Promissory Note is intended to provide the practitioner with a comprehensive form of promissory note evidencing a permanent loan in a commercial context that is secured by a first lien on improved real property located in Texas.

The broad purposes of this volume are to provide the practitioner with a series of detailed annotations drawing on statutory law, case law, practical observations, and drafting concepts for use by practitioners and their clients in a commercial real estate practice. This volume contains significant commentary from numerous commercial lending lawyers, contributing insights not normally available to real estate practitioners.

Texas Annotated Real Estate Forms, Volume 1: Promissory Note provides the following:

  • Assistance in the preparation of promissory notes, deeds of trust, and other loan documents
  • A valuable tool for counsel, whether representing the borrower or the lender, in negotiating a promissory note
  • A resource for the preparation and negotiation of legal opinions in commercial lending transactions
  • A valuable tool for the training of lawyers

The Texas Annotated Real Estate Forms, Volume 1: Promissory Note Digital Download is included at no charge with purchase of the printed book or may be purchased separately. The hyperlinked and word-searchable digital download contains the text of the entire Texas Annotated Real Estate Forms, Volume 1: Promissory Note in PDF. Texas and federal case and statutory citations are linked to the case reports and main Code sections cited via Casemaker online.

CONTENTS

Click Here
Introduction

TEXAS ANNOTATED PROMISSORY NOTE

Promise to Pay

ARTICLE I—DEFINITIONS

1.1 Definitions

ARTICLE II—PAYMENT TERMS

2.1 Payment of Principal and Interest
2.2 Application
2.3 Payments
2.4 Computation Period
2.5 Prepayment
2.6 Unconditional Payment
2.7 Partial or Incomplete Payments
2.8 Late Charge; Default Interest Rate

ARTICLE III—EVENT OF DEFAULT AND REMEDIES

3.1 Event of Default
3.2 Remedies
3.3 Limitation of Liability

ARTICLE IV—GENERAL PROVISIONS

4.1 No Waiver; Amendment
4.2 Waivers
4.3 Interest Provisions
4.4 Use of Funds
4.5 Further Assurances and Corrections
4.6 Waiver of Jury Trial
4.7 Governing Law; Submission to Jurisdiction
4.8 Counting of Days
4.9 Relationship of the Parties
4.10 Lender’s Discretion
4.11 Successors and Assigns
4.12 Joint and Several Liability
4.13 Time Is of the Essence
4.14 Headings
4.15 Controlling Agreement
4.16 Notices
4.17 Severability
4.18 Right of Setoff
4.19 Costs of Collection
4.20 Gender
4.21 Statement of Unpaid Balance
4.22 Entire Agreement

RIDERS

Rider 1—Option to Extend Maturity Date
Rider 2—Alternative Rate Options
Rider 3—Payment Options
Rider 4—Prepayment Options
Rider 5—Optional Exculpation Provisions
Rider 6—Debt Coverage Ratio Definitions
Rider 7—Arbitration Option
Rider 8—Participation
Rider 9—Allonge to Promissory Note
Rider 10—Lost Note Affidavit

APPENDIX: TEXAS PROMISSORY NOTE (UNANNOTATED)
STATUTES AND RULES CITED
CASES CITED
HOW TO DOWNLOAD THIS BOOK

 

Purchase Texas Annotated Real Estate Forms, Volume 1: Promissory Note.