This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. Collateral must be in a form and value adequate to secure the amount of the principal and interest accrued during the life of the loan term.Signing In. A. Creating an Account. B. Welcome Screen. 2. The collateral will be kept at. (Strost). (City). (County). (State). The First National Bank of Dennison. A guarantee and collateral agreement is a contract between a lender and a borrower where the borrower guarantees payment or surrenders collateral. The "collateral" section specifies what assets the borrower offers up for collateral and a description of the terms under which the collateral can be seized. In the case where a jury awards less than the total amount of the plaintiff's medical bills, the burden is on the defendant to submit jury interrogatories to. ___ PURCHASE AGREEMENT: Attach copy of all purchase agreements, if applicable.