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Under Coppola's bankruptcy plans, in any case, Roos would release all his security interest in Coppola's personal properties for a new $10-million 10-millioned by Zoetrope Corp.
Certain types of notes, such as a note secured by a home mortgage or a note secured by accounts receivable or other business assets, are not securities.
https://bellegrove.org/about/enslaved : The name Scroggin turns up in a note "secured" by Jno Scroggin to pay for the freedom of an enslaved man at Bellegrave Plantation, Virginia.
The settlement left Fincher with a $1.3 million promissory note secured by the Houston property.
The price was $8 million, $1 million down, the rest a note secured by the assets-an LBO before people had a name for it.
The price was $8 million, $1 million down, the rest a note secured by the assets–a kind of LBO before people had a name for it.
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The note securing the property was assigned to Bank of New York in September 2002, two months after it had begun foreclosure proceedings against Ms. Palmer.
In the past, lenders knew their borrowers and vice versa; today the holder of the note securing the property is a faceless investor represented by a trustee, like the Bank of New York.
One final point - we did not share with Nancy our intention to write this note, secure in the knowledge she would likely have forbade its publication! .
While Stan has outside investors who possess a note securing their investment, Stan is the majority owner.
Also, you should list the collateral that is making the promissory note secure.
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