English Grammar and
Examples
Idioms
Jargon
Body language
Excel Templates
Example of Migraine/Headache Journal
Example of Family Tree
Example of Start up Costs
Example of Phone Book/Contact List
Example of Balance Sheet
Example of Journal Entry
Example of Journal Form
Example of Contact List
Example of Balanced Scorecard
Examples of Excel Templates
Example of Gas Mileage Log
Example of Project Timeline
Example of Mortgage Refinance
Example of Event Management
Example of Deposits to a Sum Sheet
Example of Closing Cost
Example of Handwriting Paper
Example of Homework Template
Example of Rental/Lease Agreement
Example of Medicine Log
Example of Press Release
Example of Monthly Attendance Sheet
Example of Promissory Note
Example of Recipe Card Template
Example of School Plan Template
Example of Contractor Agreement
Example of Daily Food Journal
Example of Employment Contract
Example of Graph Paper
Example of Grocery List
Example of Handwriting Paper
Example of 401K Planner
Example of 401K Reallocation
Example of Payback Period
Example of Retirement Plan

Full list of Excel Templates
   Business Letters   Personal Letters   Resumes   CVs and more
       Facebook Example of Promissory Note LINKED IN Example of Promissory Note del-icio-us Example of Promissory Note

Example of Promissory Note


Example Promissory Note

Borrower Information

Name

Date

Street Address

Date of Birth

City

Telephone number (area code first)

State

Driver’s License Number

Zip code

Social Security Number



Lender Information

Name

Telephone number (area code first)

Street Address

Make all checks payable to
  

Send payments to

City

State

Zip code



Loan Information

Loan Amount

Loan Period

Interest Rate

Payment Schedule




1. Promise to Pay
For the value received,                                                                                 (Borrower’s name)
promises to pay                                                                        (Lender’s name) the amount of
$                                            and interest at the yearly rate of                              % on the
unpaid balance as specified below.

2. Payment Terms
  [ ] Borrower agrees to pay $                                   each month on the                         day of
     the month for a total of                     payments.
  [ ] Borrower agrees to pay one lump sum on                                                                  date.
  [ ] Borrower agrees to pay $                                  each month on the                        day
      of the month and will make a final balloon payment of                     on at the end of loan
      on this date                             .

3. Application of Payment
Payments will be applied to interest first, and then to the principal balance.

4. Prepayment Terms
Borrower may prepay any or all of the principal amount without penalty.

5. Loan Acceleration.
If the Borrower is more than                      days late in repayment, the Lender has the right to
request the entire balance of the unpaid principal immediately, with the interest that has accrued.


6. Security
[ ] This is loan is an unsecured note.
[ ] The Borrower agrees that this note will be secured under a security agreement and Uniform
Commercial Code Financing statement giving the Lender a security interest in any equipment,
fixtures, inventory and accounts receivable until the principal amount and interest owed are paid
in full.
[ ] The Borrower agrees that until the principal amount and interest owed are paid in full, this
      note will be secured by a
     [ ] Mortgage
     [ ] Deed of trust covering the real estate known as                                                                  

7. Collection Costs.
If the Lender wins in a lawsuit on the collection of this loan, the Borrower will pay the Lender’s
legal costs and lawyer fees in an amount decided by the court.

The undersigned and all parties to this note, whether as endorsers, guarantors or sureties, agree
to remain fully bound until this note is fully paid and waive demand, protest of all notices hereto `
and further agree to remain bound to this note notwithstanding any extension, modification,
waiver, discharge or release of any obliging party hereunder or exchange, substitute, or release
of any collateral granted as security for this note. No modification or indulgence by any holder
shall be binding unless presented in writing; and any indulgence allowed on any one occasion
shall not be an indulgence for any other or future occasions. Any modification or change in these
contract terms; will be valid and binding upon each of the undersigned parties, notwithstanding
the acknowledgement of any of the undersigned, and each of the undersigned does hereby
irrevocably grant to each of the others a power of attorney to enter into any such modification on
their behalf. The rights of any holder hereof shall be cumulative and not necessarily successive.
This note shall take effect as a sealed instrument and shall be construed, governed and enforced
in accordance with the laws of the State of                 .

Witnessed by                                                                      Date                                   

Witnessed by                                                                      Date                                   

Borrower                                                                            Date                             __  

Borrower                                                                            Date _________________



Disclaimer: Examplesof.com makes every effort to ensure the functional integrity of all downloadable materials posted on the site. The information, methodologies and processes contained in these materials are provided according to built-in software and formulas. We are unable to guarantee that these materials will necessarily be suitable for individual purposes. We are unable to guarantee that these materials will necessarily be free of functional issues which may affect their performance. Important: These materials are offered for purchase and use in good faith in "as is" condition. Full disclaimer is here disclaimer

Limited Use Policy : These templates provided by ExamplesOf.com, may be downloaded and customized for your personal or company use only. You may download copies, make archival copies and customize the template to be distributed and used within your company. This template or any document produced from this template may NOT be sold, redistributed, or uploaded to the internet for distribution.EULA

Download Word Version of Promissory Note Template Example
Download Example Promissory Note Template

         


Link to this page:
* Required Fields
 Add Comment:
Name* :
Email :
Comment* :
 
Contact Us About Us Privacy Policy Disclaimer
Copyright © 2008 - 2011 ExamplesOf .com