The "Recorder Sample Documents" below is a partial list of commonly used recording forms and a description of each. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. Collateral loans can be secured with a number of items, including a home, car, savings account, art, or other assets. CU SoCal explains what you can use. For a standard form of payoff letter, with integrated drafting tips and explanatory notes, see Standard Document, Payoff Letter. Collateral is essentially like a deposit that can be forfeited if the defendant fails to appear at their court hearings. Loan Guaranty Eligibility - Unmarried Surviving Spouse. Fund your goals with a personal loan at our Riverside Branch. 6175 Magnolia Ave Ste 5-K Riverside, CA 92506