Plain English: alternatives to "you" and "we"

A commenter writes--

• What about the third option of avoiding pronouns completely? (i.e., Purchaser, Seller, Tenant, etc.)

A good suggestion, and one I'd expect to hear from any good transactional lawyer. Thank you.

But for a consumer transaction, I dislike the stuffy sound of these proper nouns:

• Borrower agrees to make 36 monthly payments . . .
• If Borrower pays late twice in one year, Bank will raise Borrower's interest rate . . .

The formality and the absence of articles (like "the") are things I find distracting.