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Promissory Installment Note 1.0 with activation


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Promissory Note Form Template - SimpleForms. org
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Loans and Financial Services Consumer Sourcebook

PLATINUM LICENSE: Get the platinum license which gives you unlimited access to ALL our forms. Perfect purchase for the landlord with more than one property. See details.

All of our forms are set up to apply to the laws and regulations of each individual state. Please select your state so we can configure the document for your specific state regulations.

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Save Your Answers

At any time you may save your answers to your account and return later to continue editing your document.

Save My Answers
Lenders: 1 2

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:

Lender #2

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:


Borrowers: 1 2 3 4

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:


Borrower #2

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:


Borrower #3

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:


Borrower #4

Full Name:

Street Address:

City:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip Code:


Borrowing Amount

$

Repay Amount

$

Repayments Made:

Weekly Monthly Annually One Time Full Amount Payment

Is there interest on the loan?

No Yes

Interest Rate: % Compounded: Weekly Monthly Annually


Attaching a payment schedule?

No Yes

Repayments will begin:

January February March April May June July August September October November December 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026


Late/Missed Payment Penalty?

No Yes

After days there will be a late payment penalty in the amount of $


Is collateral being provided by the borrower?

No Yes

Collateral Details:


Anything else you wish to add to this promissory note?

No Yes


Date the Promissory Note Will Be Signed:

January February March April May June July August September October November December 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Leave date blank

Add Proof of Service To This Promissory Note:

No Yes, by mail Yes, by delivery

Add Witnesses to the signing of this Promissory Note:

None One Two A Notary Public




What is a Promissory Note?

A promissory note is a contract or agreement between two parties. The promissory note is created when one party is borrowing money from another party. People lend and borrow money every day, and problems can arise if the transaction is not documented. By creating a simple promissory note, this will stop any of the potential issues as it will clearly date the information about the loan, and any payment or penalty information.

The promissory note we provide is a very clear, professional and simple form for you to use. It clearly details everything that is required within a promissory note, and we offer our promissory note template for you free to view. To view the blank promissory note template simply click “Build My Contract” above. That will create a blank promissory note sample for you to see. Then you can go back and add in the required information.

The promissory note should always provide the name and addresses of the lender, as well as the borrower. You may wish to include multiple people for lending or borrowing, and our promissory note loan agreement is set up for you to do just that.

The promissory note must detail the amount of money that is being borrowed. You should also note within the loan agreement when money will be paid back – for example there may be a one-time payment at a specified date for the full amount. You may however wish to include weekly or monthly payments.

If you wish to charge interest, it should be listed in the promissory note, with the specific percentage and when exactly the interest charge shall be added to the monies owed.

If you want to charge a penalty for any late payments,you will need to list this within the loan agreement. You may also wish for the borrowing party to offer collateral. This needs to be in the loan agreement if so, to protect the persons property.

We also leave our promissory note open-ended. You may want to add in additional details that we haven’t covered – so there is a nice big box for you to create additional details if you need to.

Promissory Note Sample:

To see a sample of a promissory note, simply click “Build my Agreement” above. That shall create a blank template of a Promissory Note without any of the information filled in. That is a good example of a promissory note letter for you to see. Then you can go back and start filling in the required information to create your exact promissory note form.

Free Promissory Note Forms:

Upon activation of your first promissory note, you will have the ability to create free promissory notes. You can create an unlimited amount of promissory notes, for the minimum of one week and longer if you choose.

Promissory Note Formats:

We should also note here that our promissory note is set up in a very professional yet clear format for you to use. It provides all relevant details that is required for a promissory note.

You will be able to download or print your promissory note in a variety of formats. We offer our documents in Rich Text Format, PDF format and HTML format. This means you can download or print your Promissory Note in Adobe Acrobat, Firefox, Internet Explorer, Microsoft Word, iWorks or practically any other software out there. We aim for maximum compatibility.

All of our forms are also available for download in your preferred format, meaning you can take the form elsewhere if you need to make adjustments or print the promissory note. You can also log onto the website at any time and make changes to your promissory note or loan agreement.



Promissory Note Form Template - SimpleForms. org Cashier: Payment Plan FAQ Cashier's Office - Ohlone Loans and Financial Services Consumer Sourcebook


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