Thanks again! I have been paying him each month as stated according to the note since September which is the first month the payments were to start. I have been paying by check so I have copies.
I will seek an attorney and hope that in the interim, they don't take it to court for judgement...
Thank you sooooo much! Sometimes it is good to go by hunches but it's getting down to the wire on this note. I do owe him the money but I don't wish to lose my expensive house for 10,000.00.
If my friend won't change that clause, should I hire an attorney? I have seriously considered...
I am getting ready to sign a legal note to pay back a loan from a friend. His attorney drew up the papers and included this clause, " The Maker of this obligation hereby expressly waives the benefit of the Homestead Exemption".
My 72 year old mother is the primary deed holder of our house...