Common use of NOTE AND SECURITY AGREEMENT Clause in Contracts

NOTE AND SECURITY AGREEMENT. Upon Lender’s approval of the application portion of this Agreement, Applicant(s) shall be considered and referred to herein as Borrowers. Borrowers hereby apply for a loan in the amount of the Loan Request stated on page 1, from Lender. This loan is given for business purposes and for the purpose of products solely for use in the Borrower’s farming operations.

Appears in 1 contract

Sources: Crop Loan Application and Note/Security Agreement

NOTE AND SECURITY AGREEMENT. Upon Lender’s approval of the application portion of this Agreement, Applicant(s) shall be considered and referred to herein as Borrowers. Borrowers hereby apply for a loan in the amount of the Loan Request stated on page 1, from Lender. This loan is given for business purposes and for the purpose purchase of products solely for use in the Borrower’s farming operations.

Appears in 1 contract

Sources: Loan Agreement

NOTE AND SECURITY AGREEMENT. Upon Lender▇▇▇▇▇▇’s approval of the application portion of this Agreement, Applicant(s) shall be considered and referred to herein as Borrowers. Borrowers hereby apply for a loan in the amount of the Loan Request stated on page 1, from Lender. This loan is given for business purposes and for the purpose purchase of products solely for use in the Borrower’s farming operations.

Appears in 1 contract

Sources: Crop Loan Application, Note & Security Agreement