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Promissory Note Agreement Template

This document is a promissory note for a loan of a specified dollar amount from the lender to the borrower(s). The borrower(s) promise to repay the principal plus annual interest by a fixed date, and in the event of default agree to pay associated attorneys' fees and collection costs. The note terms allow for prepayment without penalty and maintain obligations even if requirements are adjusted.

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kismadaya
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81 views1 page

Promissory Note Agreement Template

This document is a promissory note for a loan of a specified dollar amount from the lender to the borrower(s). The borrower(s) promise to repay the principal plus annual interest by a fixed date, and in the event of default agree to pay associated attorneys' fees and collection costs. The note terms allow for prepayment without penalty and maintain obligations even if requirements are adjusted.

Uploaded by

kismadaya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

TIME NOTE

FOR VALUE RECEIVED, the undersigned promise to pay to the order of


, the sum of
Dollars ($ ), payable with annual interest of % on any unpaid balance.
All principal and accrued interest shall be fully due and payable on ,
(year), time being of the essence.
This note may be prepaid, in whole or in part, without penalty.
All parties to this note waive presentment, demand, protest or notices thereto and agree
to remain bound notwithstanding any indulgence, modification or release or discharge of any
party or collateral securing this note. The undersigned shall be jointly and severally liable under
this note.
Upon default, the undersigned agree to pay all reasonable attorneys fees and costs of
collection.
Signed this day of , (year).
Signed in the presence of:
____________________________________ ___________________________________
Witness Maker
____________________________________ ___________________________________
Witness Maker
ZZAAAZAZ

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