Exegetical Process: 1. Choose a text that comprises a single unit of thought (pericope). 2. Discover the exegetical outline. Give each division an exegetical heading that summarizes and interprets the division from the viewpoint of the original audience. 3. Discover the exegetical proposition from the viewpoint of the original audience.
A Loan Agreement is a document between a borrower and lender, in which the borrower promises to pay back a loan to the lender according to a specified repayment schedule.N CONSIDERATION OF the Lender loaning certain monies (the Loan) to the Borrower, and the Borrower repaying the Loan to the Lender, both parties agree to keep, perform and fulfill the promises and conditions set out in this Agreement:
Cross collateralization is a clause in a purchase contract that secures a loan which serves as collateral for all other loans made with the borrower in the past, present, and future. This type of loan is usually found at credit unions, but can sometimes be found at your typical banks. Cross collateralization most commonly occurs with car loans. When you buy a vehicle from a bank or credit union you usually sign a security agreement that secures your car to the loan. This results in the lender holding the title to your car until you pay off the loan. If you default on the loan the bank or credit union can repossess your car.