A set of Standard Clauses for a commercial real estate loan transaction setting out the lender's rights and remedies after a loan default. These Standard Clauses discuss the importance of state law in enforcing a commercial lender's rights and remedies. These Standard Clauses contain integrated notes with important explanations and drafting and negotiating tips for both borrowers and lenders. While loan agreements are generally governed by the property's state law, this jurisdictionally neutral template is useful in every state.