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1. Security Interest: Used when the vehicle serves as collateral for the promissory note

2. Late Payment Terms: Include when specific penalties or procedures for late payments are desired

3. Prepayment Terms: Include when early payment options and any associated conditions need to be specified

4. Default Provisions: Used to specify consequences of default and remedies available

5. Transfer Rights: Include when the note needs to be transferable or non-transferable

6. Insurance Requirements: Used when specific insurance requirements need to be maintained on the vehicle

1. Schedule A - Vehicle Specification: Detailed description of vehicle including photographs, condition report, and accessories included

2. Schedule B - Payment Schedule: Detailed breakdown of payment dates, amounts, and any balloon payments

3. Schedule C - Vehicle History Report: Vehicle history including previous owners, accident history, and service records

4. Appendix 1 - Copy of Vehicle Registration: Copy of current vehicle registration documents

5. Appendix 2 - Vehicle Inspection Report: Independent vehicle inspection report if applicable