Free Promissory Note

Answer a few simple questions Print and download instantly It takes just 5 minutes

Create Your Free Promissory Note

  1. Answer a few simple questions
  2. Email, download or print instantly
  3. Just takes 5 minutes

Promissory Note

QGRole


lender
borrower




Your Promissory Note

Update Preview
This document preview is formatted to fit your mobile device. The formatting will change when printed or viewed on a desktop computer.
Page of

PROMISSORY NOTE
(this "Note")



Borrower:



____________________ of ______________________________________ (the "Borrower")

Lender:

____________________ of ______________________________________ (the "Lender")

Principal Amount:      $_____________ USD

  1. FOR VALUE RECEIVED, The Borrower promises to pay to the Lender at such address as may be provided in writing to the Borrower, the principal sum of $_____________ USD, without interest payable on the unpaid principal, beginning on March 19, 2024.
  2. This Note will be repaid in consecutive monthly installments commencing on March 19, 2024 and continuing on the nineteenth of each following month until March 19, 2024 with the balance then owing under this Note being paid at that time.
  3. At any time while not in default under this Note, the Borrower may pay the outstanding balance then owing under this Note to the Lender without further bonus or penalty.
  4. Notwithstanding anything to the contrary in this Note, if the Borrower defaults in the performance of any obligation under this Note, then the Lender may declare the principal amount owing under this Note at that time to be immediately due and payable.
  5. The Borrower shall be liable for all costs, expenses and expenditures incurred including, without limitation, the complete legal costs of the Lender incurred by enforcing this Note as a result of any default by the Borrower and such costs will be added to the principal then outstanding and shall be due and payable by the Borrower to the Lender immediately upon demand of the Lender.
    The remainder of this document will be available when you have purchased a license.

Last updated December 29, 2023

Reviewed by


|

Fact checked by




Related Documents:

  • Loan Agreement: Use a Loan Agreement to establish the terms of a loan as agreed upon between a borrower and lender.
  • Sales Agreement: Use a Sales Agreement to buy or sell an item or service. Add details like a payment plan and warranty terms as part of the document.
  • Purchase of Business Agreement: Use a Purchase of Business Agreement to document the transfer of ownership of a business from a seller to a buyer.
  • Real Estate Purchase Agreement: Use a Real Estate Purchase Agreement to facilitate a private sale of residential property between a seller and a buyer.
Thumbnail of sample of Promissory Note document

Sample

Promissory Note

Personalize your Promissory Note.

Print or download in minutes.

Create your free Promissory Note in 5-10 minutes or less
Know someone who could benefit from free legal forms? Pass it along:
This document preview is formatted to fit your mobile device. The formatting will change when printed or viewed on a desktop computer.
Loading ...
Loading ...

Note: Your initial answers are saved automatically when you preview your document.
This screen can be used to save additional copies of your answers.