Citibank agreed to loan RMT $28,000 for purchase of 6 emerald studded jewelry boxes from Germany
RMT, by Sara, signed a Promissory Note to pay $28,000 plus interest to Citibank monthly. Note included acceleration clause and default clause for non-payment.
RMT, by Sara, signed SA granting Citibank SI in "6 German emerald-studded jewelry boxes." SA contained default clause for non-payment.