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Release of Loan Agreement

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Write the name of the borrower being released from the Loan Agreement.

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RELEASE OF LOAN AGREEMENT



In consideration of full payment by ________ (the "Borrower"), of ________, of the debt evidenced by the Loan Agreement dated ________, which sets out terms for repayment of a loan of $________ (________ dollars) plus any accrued interest (the "Agreement"), I, the undersigned Lender, ________ (the "Lender"), of ________, for ourselves and our personal representatives, executors, successors, and assigns, hereby remise, release, and forever discharge the Borrower, their successors, and assigns, from any and all manner of actions, cause and causes of action, suits, debts, sums of money, bills, bonds, damages, and demands whatsoever, in law or in equity, whether known or unknown, arising out of the Agreement, and the execution and delivery thereof.

This relates only to the note and not to any other contract, agreement, undertaking, understanding, or covenant.

The signature below signifies the binding intention of this release to benefit both the Lender and any successors, as of ________.







Signature of ________:


______________________________________________

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RELEASE OF LOAN AGREEMENT



In consideration of full payment by ________ (the "Borrower"), of ________, of the debt evidenced by the Loan Agreement dated ________, which sets out terms for repayment of a loan of $________ (________ dollars) plus any accrued interest (the "Agreement"), I, the undersigned Lender, ________ (the "Lender"), of ________, for ourselves and our personal representatives, executors, successors, and assigns, hereby remise, release, and forever discharge the Borrower, their successors, and assigns, from any and all manner of actions, cause and causes of action, suits, debts, sums of money, bills, bonds, damages, and demands whatsoever, in law or in equity, whether known or unknown, arising out of the Agreement, and the execution and delivery thereof.

This relates only to the note and not to any other contract, agreement, undertaking, understanding, or covenant.

The signature below signifies the binding intention of this release to benefit both the Lender and any successors, as of ________.







Signature of ________:


______________________________________________