This legal document, known as the "Loan Agreement," is used to formalize an agreement between a Lender and a Borrower regarding loan terms, repayment conditions, interest rates, and default consequences. It details the responsibilities of both parties, including repayment schedules and interest accrual. The document serves as a binding contract ensuring legal clarity and protection for both parties in financial transactions, specifying conditions under which the loan terms may be altered or enforced.