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Category Archives: Promissary note

Promissory note [Installment note - short form]


For value received, the undersigned jointly and severally promise to pay to the order of _________________________, the sum of _____________ (amount), together with interest thereon at the rate of ______ % per annum on any unpaid balance. Said sum, inclusive of interest, shall be paid in ________________ (monthly/weekly) installments of __________ each, with a first [...]





Promissory note [In lieu of open account debt]


For value received, the undersigned promise to pay to the order of ______________, the sum of ________________ (amount), together with interest thereon at the rate of _____% per annum on the unpaid balance. Said principal and interest shall be payable in the manner following: ________________________________________________ (Describe terms). The undersigned may prepay this note without penalty. [...]