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Loan Agreement Modification - Template, Sample Form

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Create your Loan Agreement Modification for use in United States. Answer a few plain-English questions and the document fills in automatically as you go - then download it in Word and PDF, ready to sign or share.

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Frequently asked questions

What is a Loan Agreement Modification?

A Loan Agreement Modification is a ready-to-use legal template for United States. You complete it by answering a few plain-English questions, then download the finished document in Word and PDF.

What does the Loan Agreement Modification cover?

The Loan Agreement Modification is organised into sections covering BACKGROUND, I. Terms of Amendment, LENDER, BORROWER, so the important points are captured in a clear, consistent structure.

What formats can I download?

You can download your completed Loan Agreement Modification as an editable Microsoft Word (.docx) file and as a PDF.

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LOAN AGREEMENT MODIFICATION

State of Alabama



BACKGROUND:

A. This Loan Agreement Modification (the "Modification") modifies the Loan Agreement (the "Agreement") entered into as of ________ by and between the following Borrower (the "Borrower"):

________
________

and the following Lender (the "Lender"):

________
________

B. Under the terms of the Agreement, the Borrower promised to pay the Lender the amount of $________ (________) (the "Loan") plus accumulated interest under the terms set forth in that Agreement.

C. The Parties mutually agree to modify the terms of the Agreement.

Now, therefore, for and in consideration of the mutual covenants contained in this Modification, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

I. Terms of Amendment.


IN WITNESS WHEREOF, Borrower and Lender have executed this Modification under seal as of ________.


LENDER:





Signature of ________:


______________________________________________




BORROWER:





Signature of ________:


_______________________________________________

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Fields you complete are inserted into the document live. This template is general guidance only - not legal advice.