USA Pledge of Security Collateral to Promissory Note

USA lenders, prepare a Pledge of Security Collateral to Promissory Note with this easy template form.

• Under the Pledge Agreement, a borrower pledges personal property for the lender to hold as collateral security to ensure repayment of a loan under a promissory note.
• If the borrower defaults in payment, the lender has all the rights and remedies of a secured party under the Uniform Commercial Code, and has the right to sell, lease or dispose of the property as it sees fit.
• Buy the form once, use it as often as required.

This USA Pledge of Security Collateral to Promissory Note template is provided in MS Word format, and is fully editable to meet your needs.