This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. Forms indicated as fillable may be filled out electronically.Secure loans with a collateral agreement template, outlining assets used as security and loan repayment conditions. A promissory note is a legal document specifying a contract's terms. Promissory notes, however, can be invalidated in court under certain circumstances. Most Court documents are provided as PDF files. To view or print these files you need the free Adobe Acrobat Reader or other PDF reader. Generate a free collateral agreement with Jotform. Easy to customize and share.