Professional Documents
Culture Documents
Between
Jimmy Captain Alvin
22615 Savannah Heights, Von Ormy, Texas 78073, USA
AND
Hein F Margaret
14333 Babcock Rd Apt 10114, San Antonio, Texas 78249, USA
This Agreement is made today 9th of June, 2023 between Jimmy Captain Alvin known as the Lender and Hein F Margaret
known as the borrower
Hein F Margaret has requested a loan from Jimmy Captain Alvin in accordance to some terms and condition: Jimmy
Captain Alvin is willing and able to loan money to Hein F Margaret in accordance to some terms and conditions: Now
NUMBER OF PAYMENT 60
The loan of $50,000.00 will be granted to Hein F Margaret for a term of five (5 years with an interest rate of 4%Note: The monthly payment was
calculated at 59 payments of $920.83 plus a final payment of $920.83.
However, if Hein F Margaret defaults in repaying the loan, then it is agreed that Jimmy Captain Alvin may charge collection cost
against Hein F Margaret or the case will be turned over to any court of law under the following conditions stated below.
Terms and Conditions
1. All parties will in all matter relating to this agreement act loyally and faithfully together.
4. The borrower will have to pay the sum of $350.00 for the security fees of the loan.
5. Jimmy Captain Alvin has the right and authority to sue Hein F Margaret to court of law if defaults in paying back the loan.
6. The borrower agreed in assuring the Lender that I am not going to possess any improved manner after getting the loan.
7. The loan repayment start 6 months after the loan is been granted to Hein F Margaret the borrowerThat
this agreement is consciously and willingly reached, signed and delivered between both parties.
Lender: Borrower:
Jimmy Captain Alvin Hein F Margaret