on account of................

...

This.... .day of.....19..

.......

Signature.

A general release is more far reaching in its effect and value. A general release to be valid must show a consideration and it is then a defense to any action based on a claim for any of the debts released.

I, .... sum of....

do hereby release, remise and forever discharge the said his heirs, executors and administrators, from all manner of action or causes of action on any and all debts, suits, sums of money, accounts, bonds, bills, judgments, executions, claims and demands whatsoever in law or equity which against.........., I ever had by reason of any matter, claim or cause of whatsoever kind. This done and signed this..........day of........ 19.. before

Witnesses:

A wife may release her dower right in certain property owned by her husband by executing the following release:

To All Whom It May Concern, Know ye that I, of..... wife of..... .., of......, party of the first part, do, by these presents, for and in consideration of the sum of..... lawful money of the United States, to me cash in hand paid at the time. of the execution and delivery of these presents, which said sum and consideration is paid me by......

.....

of

...., party of the second part, receipt whereof is hereby acknowledged, doth grant, remise, release, and forever quit claim to the party of the second part....

heirs and assigns forever, all dower, thirds, right of title of dower and thirds, and all other right, title and interest, claim or demand of whatsoever kind in law or equity, in the following described property, to wit: (describe the property to be released from dower right), for my own. part, my heirs, administrators and assigns or any person for any of them, in any right, title, demand, seizin or possession in the above described property, forever.

Signed, sealed and delivered this......day of...... 19. in presence of

Witnesses:

Under no condition or circumstance should signature be attached to any document or paper of any kind or character without reading and understanding the text of the contents. If signature is obtained by fraud it can be voided, if the fraud is proven, but it is no defense to plead signature was attached without understanding of the contents.

A promissory note is evidence of debt. The simplest form is:

(Write in City, State, day, month and year.) ....days (or months or years after date I promise to pay to......or his order, the sum of................. with interest at the rate of....per cent from

......

maturity, at... . . . Value received.

.....

Signature.

If the rate of interest stipulated to be paid is usurious it invalidates the note in many States.

If a note is given for a chattel and it is the intent that ownership shall remain in the seller until the note has been paid and cancelled, it should be drawn as follows:

(Insert City, State, day, month and year.)

On the......day of...... I, address is...

.....

do promise to pay to..

. . . . .

whose

with interest from

or his order, the sum of.... date at the rate of......per cent, until paid. And I do further agree that title to the (here describe the article bought) shall remain in the said.... ......until this note is fully paid and cancelled, and if payment is not made when due I further agree to pay all costs and expense incurred in collecting same.

Signed in presence of

Witnesses:

The following is a form of chattel mortgage: TO WHOM IT MAY CONCERN,

Know ye that....

and State of.....

.......

....of the City of..

.is indebted unto me in the sum

..........

.......

of..........dollars, and......cents, being for..... Now for securing the payment of said debt, with interest thereon from the date hereof, to the said...... .., the said..........doth hereby sell, transfer and assign the property described below: (describe the property) said property now being and remaining in the possession of the said... at (give location). Provided always, and this mortgage is on the express condition, that if the said..........shall pay the said his assigns or representatives, the sum of and......cents, with interest thereon, then the said above described transfer of property is void and of no effect; but in case of non-payment of the said debt and interest at the time mentioned, then the said...

shall have full power to enter the premises of the said

party of the first part, or any other place where the goods are and chattels aforesaid may be, to take possession of said property, to sell the same at public or private sale, and the proceeds (after deducting all expenses) to apply in payment of the above debt; and in case the said...... .....shall deem the said property at any time unsafe it shall be lawful for the said........to take possession of the property and to sell the same at public or private sale, previous to the time above mentioned for the payment of said debt, applying the proceeds as aforesaid, after deducting all expenses for the taking and the sale and keeping of the property. And the said mortgagee, his representatives or assigns may purchase at any such sale, in the same manner and to the same effect as a person not interested herein.

If for any cause said property shall fail to satisfy said debt, interest, costs, and charges,

and agrees to pay the deficiency.

covenants

This done and signed this......day of........19.. and delivered in the presence of

Witnesses:

There should be attached to the foregoing form of chattel mortgage an affidavit, sworn to before a Notary Public, which a preceding simple form will serve.

Chattel mortgages are a lien for debt upon movable property retained by the owner, and are permissible in every State but Louisiana, which has no provision for such mortgage, providing only the right of pledge, as used by pawnbrokers, which requires always that possession of the property pledged pass to the holder of the mortgage or pledge.

Alabama requires that chattel mortgages be recorded: Arizona requires that chattel mortgages must always be supported by the affidavit of the mortgagor and must be recorded. When foreclosure is necessary it must be by the same form and proceeding of court as foreclosure of realty. Chattel mortgages in Arkansas must be acknowledged before a competent official and recorded. California permits chattel mortgages on certain property when an affidavit is attached declaring the mortgage so given is without intent to defraud other creditors, and it must be recorded. Colorado requires the chattel mortgage to be acknowledged before a duly qualified official. If the holder does not enforce his lien within a reasonable time it is presumed voided. Connecticut permits the mortgage of movable property, requiring acknowledgment, recordation, and in the event of foreclosure, the same proceeding as in foreclosure on real estate. Dakota requires two witnesses and there may be foreclosure after ten days or by court order. Delaware requires that chattel mortgages be recorded within ten days of their making and when so recorded are good for three years. Florida does not favor chattel mortgages, but it is possible to execute a mortgage on movables by executing a mortgage the same as for real estate, and if foreclosure is necessary it must be the same as in foreclosure on realty. Georgia requires full specification of the property mortgaged, and the character of the debt; it must be acknowledged and attested by a Notary and recorded within thirty days. Idaho requires an affidavit that the chattel mortgage is not executed to defraud creditors and it must be recorded. Illinois specifically requires acknowledgment before a proper official and recordation, and unless the mortgage is supported by affidavit it will