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Updated almost 16 years ago,
Wrap Loan Hold Harmless
Would anyone out there have the language that I could put into a promissory note? I've got the note all done except for a few lines or paragraph which would state that the borrower would hold the note holder harmless in the event that the note holders primary conventional loan maker were to discover that title had passed and demanded payment in full. Thus requiring the new note holder to either refinance the note he's signed or sell the property to satisfy the note. Any ideas?