Lost Loan Documents

Should you encounter a situations where loan documents are lost and need to be re-signed, please check the loan agreement of the unexecuted copy you have of the documents. You should see a section called Agreement to Provide Additional Documents. This section notes Borrower shall execute and acknowledge documents desirable to carry out the intent and purpose of the loan. Generally speaking, a lender could find this provision helpful in having its Borrower execute a replacement copy of a lost document as doing so would be desirable in carrying out the intent and purpose of the loan.