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California Secured Promissory Note Template

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California Secured Promissory Note Template

Updated January 16, 2023

A California secured promissory note is a document that is used for situations involving money loaned between two parties. The major benefit of the note is that it adds a considerable amount of security for the lender in the transaction. This is because the lender is guaranteed collateral in the form of property or an asset owned by the borrower in the event of default.