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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. [...]



Promissory note [Demand]


For value received, the undersigned jointly and severally promise to pay to the order of _________________, the sum of __________ (amount), together with interest of ____% per annum on the unpaid balance. The entire unpaid principal and any accrued interest shall be immediately payable upon demand of any holder of this note. Upon default in [...]