Acceleration Clause

    

I, {Debtor Name}, hereby swear and affirm that I will pay {Collector Name} {full amount} in installments of {installment amount} every {week/month/year} until {termination date}.

I understand that every installment is due on the {day/time} of the {week/month/etc.} and must be paid in its entirety at that time.

If I should default on any installment of the payment at any time, {Collector Name} may, without notice or warning, declare the entirety of the remaining unpaid amount due and payable immediately.

___________________ __________________

Debtor Printed Name Debtor Signature

Date:

____________________ __________________

Witness Printed Name Witness Signature

Date:

Index of Printable Contract Examples