A Loan Promissory Note is a legal agreement between two parties that outlines the terms and conditions of a loan.
This legal template likely entails a standardized contract between a lender and borrower, specifically for a commercial property loan in Texas. Being "lender-friendly" implies it may contain terms and conditions favoring the lender's interests while providing a legally binding agreement for the borrower to repay the loan amount.
This legal template is a lender-friendly promissory note specifically designed for commercial property loans in New York. It does not include a separate loan contract.
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