Sample Blank Promissory Note
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Do you have an idea of what you want to draft, but you cannot find the exact words yet to write it down or lack the inspiration how to make it? If you've been feeling stuck, this Sample Blank Promissory Note template can help you find inspiration and motivation. This Sample Blank Promissory Note covers the most important topics that you are looking for and will help you to structure and communicate in a professional manner with those involved.
PROMISSORY NOTE Date City, State FOR VALUE RECEIVED, , hereinafter “Maker” promises to pay to , hereinafter “Holder” or order at , or other such place as may be designated by the Holder from time to time, the principal sum of Dollars ( ), with interest thereon from day of on the unpaid principal at the rate of percent ( ) per annum as follows: 1.. Holder (Initials) ACCELERATION: If Maker fails to make any payment owed under this Note, or if Maker defaults under any Deed of Trust or any other instruments securing repayment of this Note, and such default is not cured within days (30 days if not filled in) after written notice of such default, then Holder may, at its option, declare all outstanding sums owed on this Note to be immediately due and payable, in addition to any other rights or remedies that Holder may have under the Deed of Trust or other instruments securing repayment of this Note..
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