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 [...]
Tag Archives: promissory note letter
Promissory note [In lieu of open account debt]
August 22, 2008 – 5:17 am
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. [...]
