| Description: |
Used to create a simple promissory note. |
| Contributor: |
StartUPbiz LLC: Providing online templates, tools and tips to start-ups and small businesses since 1997.
http://www.startupbiz.com |
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| File Details: |
http://startupbusiness.com/ADD-RESOURCE/View-document-details/94-Simple-Promissory-Note |
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Simple Promissory Note
$_______________
amount
_______________________,State of ____________________,_____________,____,
city state date
_____________________________ after date, without grace, I promise to pay to the order
term of note
of _____________________________________________________________the sum of
creditor
_________________________________________________________________Dollars,
amount
for value received, with interest at the rate of ________________percent per annum from
date until maturity, interest payable ___________________________, and if not so paid,
monthly or at maturity
the whole of this note, both principal and interest, shall forthwith become due and payable, without demand, at the option of the holder. After maturity, or on default, this note bears interest at the rate of __________percent per annum until paid. Principal and interest payable in lawful money of the United States. In case of suit or action is commenced to collect his note or any portion thereof, I promise to pay, in addition to the costs provided by statute, such sum as the court may adjudge reasonable as attorney fees therein, (including any action to enforce the judgment). Any judgment entered hereon shall bear interest at the rate of __________percent per annum.
Due _____________________, ________.
Date of final payment
___________________________________
Maker
___________________________________
Address
___________________________________
___________________________________
Maker
___________________________________
Address
___________________________________
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