New York Fixed Rate Mortgage Note

Prepare a Fixed Rate Promissory Note for a mortgage loan with this downloadable template for New York State.

• This Note provides for monthly payments of principal and interest.
• If there is any amount still outstanding on the maturity date, the borrower agrees to pay the full balance owing.
• If the borrower defaults in any payments, the note holder has the option to demand repayment of the entire outstanding balance of principal and interest.
• The borrower promises to pay the note holder's costs of enforcing the note, including attorneys' fees.

This New York Fixed Rate Mortgage Note is a plain language legal form which is easy to understand.