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Cross Collateralization

State:
Alabama
Control #:
AL-Q3494512
Format:
Word; 
Rich Text
Instant download

Description Cross Collateralized Loan

Cross collateralization is a method used by lenders like credit unions to use the collateral of one loan product to secure another one. This form also amends, modifies, or restates the security instrument which is a legal document giving the bank a security interest in the property.
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Cross Collateralization