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Promissory Note

General Info
Parties
Terms
Miscellaneous
Signing Date
Print/Download

Collateral

Promissory Note be secured by collateral??

Yes No

Describe the property being used as collateral:

Is the first borrower purchasing the collateral from the lender?

Yes No

" >

Will the lender retain title of ownership until the loan is repaid in full?

Yes, retained until paid No, transferred at signing

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Late Payments

Will the interest rate increase if the first borrower fails to make a payment?

Yes No

The interest rate will increase to % compounded yearly.

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Additional Clauses(Optional)

Do you want to include any additional terms or information?

Yes No

Additional Clause

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Frequently Asked Questions

Which state should i choose?

Which state should i choose?

The state from where jurisdiction of this Promissory Note you want, you should to choose that state. The laws of the state you select will be used to enforce this Note.
If the Promissory Note relates to the purchase of certain assets, then the Parties may use the location of those assets.

Please select terms and conditions that you want to remove.

Our documents are made and explored by legal advisors and legal experts. You should simply answer a couple of questions and your altered document is prepared to sign and print in minutes.

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