VIEWS: 504 PAGES: 2 CATEGORY: Loan Agreements POSTED ON: 8/10/2009
A PROMISSORY NOTE is used to secure a loan for money in a lending situation with a legal document showing the debt owed and the loan terms.
PROMISSORY NOTE $ ____________________ ______________________________ (City) (State) ______________________________ (Date) FOR VALUE RECEIVED the undersigned jointly and severally promise(s) to pay to the order of _______________________________ the principal sum of ____________________________________ dollars ($ _______ ) together with interest thereon from date at the rate of ______________ (_____%) percent per annum until maturity, said princi
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