Sciatica is the name given to any sort of pain caused by irritation or compression of the sciatic nerve. The sciatic nerve is the longest nerve in your body. It runs from the back of your pelvis, through your buttocks, and all the way down both legs, ending at your feet.
Promissory Note: A written promise made and signed by a borrower that it will repay loan money it received. Also called a ânote.â Secured Promissory Note: A note in which the borrowerâs promise to pay a certain amount is backed up by certain specified property (called âcollateralâ). If the borrower does not repay, the lender can take the collateral. A lender is more protected under a secured note than under an unsecured note.
Good question. Second mortgage is secured and has higher priority to the extent that there is equity in the property. Accounts payable should be treated as general unsecured creditors. All notes would be equal to accounts payable unless they are expressly subordinated. Then, there could be senior subordinated notes and junior subordinated notes. In that case, general notes would be payable first, equal to other accounts payable. Senior subordinated notes would be payable next and then junior subordinated notes. Just because a note is designated senior does not render it prior to other general unsecured debt. At best, it would be equal to othe general unsecured debt. Read the terms of the note closely.