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another first signing question
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another first signing question
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Posted by Anonymous on 11/29/04 3:09pm
Msg #12206

another first signing question

I received a second document package next to the loan documents called: Equiline Agreement. The signature lines don't have the borrowers names printed and one page states: This note is a "transferable record" as defined in applicable law relating to electronic transactions. .......
underneath is says:
Signatures: By signing below you understand we are a national bank association located in North Dakota and the interest rate and related charges are pursuant to the law of North Dakota and federal law. .....
Caution - it is important that you thoroughly read the contract before you sign it.
Signature____________
Signature____________
by__________________

underneath is another box saying: Authentication by US Bank NA
US Bank affiliate of and agent for the lender on this loan,.....

do I have to have the borrower sign this page? What goes on the "by" line?

Reply by Sonja Basler on 11/29/04 3:12pm
Msg #12207

and do I have to have them fill out the survey?

I wish the NNA seminar would have prepared me a bid better.

 

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