b'The payment schedule, and whether the payment is interest-only or principal plus interest,Interest or shared profits to be paid to the lender (how calculated, when due),Points or origination fees owed to the lender,The duration and maturity (end date when principal must be repaid),Whether the borrowers personal guarantee is required, What constitutes a default and lender remedies in case of default, andCollateral for the loan (i.e., property the lender can acquire if the loan is not repaid according to the terms of the note).The Subscription Booklet The subscription booklet is document that tells the issuer about the potential investor. In filling out this booklet, investors make representations and warranties as to their qualifications and suitability to invest. The booklet also includes a place for the issuers acceptance and acknowledgement of the investment. The investor will attest, usually under penalty of perjury, that: They meet the qualifications of the exemption the issuer is using;They have read all of the documents provided by the issuer and have obtained satisfactory answers to all of their questions;They have sought all legal, financial or tax advice they deemed appropriate; They understand the risks of the investment; They can afford to lose the money;96'