Balloon Promissory Note by pellcity27

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									                                      PROMISSORY NOTE
                                     (This is a Balloon Note)


$_________________                                                 (City and State where executed)
                                                                                            (Date)

       The undersigned jointly and severally promise to pay to (Name of Lender) of (City,
County, State), or order, the sum of (Amount of Loan) in lawful money of the United States of
America at the home office of said Company, with interest thereon from date at the rate of
_____ Percent (___.0%) per annum until paid. Said principal and interest is payable in
(number) equal monthly installments of Principal and interest shall be due and payable at
(Address of Lender), or at such other place as the Lender may designate, in (Number)
consecutive monthly installments of &________________ on the first day of each month
beginning on the first day of ________, 20___, and one final balloon payment $_________,
which balloon payment shall be due and payable on (Date). The monthly principal and interest
payments shall be based on a (e.g., 20) year amortization. Each monthly installment sha
								
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