LETTER OF DEFAULT ON PROMISSORY NOTE Date: _ To: _ Reference is made to a certain promissory note under date of _, 20_, in the original amount of $_. You have defaulted under said note in that the installment due on _, 20_, in the amount of $_ is outstanding. … Read more
PROMISSORY NOTE For Value Received, [Borrower name], the ‘Borrower’, hereby pledges to pay [Lender name], the ‘Lender’, the sum of $[amount] (‘Principal) with interest in accordance with the interest and imbursement plan herein. INTEREST – Interest on the unpaid part of the Principal amount shall accumulate at the rate of [interest rate] % per annum … Read more
PROMISSORY NOTE For Value Received, [Borrower name], the ‘Borrower’, hereby swears to pay [Lender name], the ‘Lender’ the sum of $[amount] (‘Principal’) with interest accumulated in accordance with the interest and payment schedules herein. INTEREST – Interest on the due segment of the Principal shall grow at the rate of [interest rate] % per annum … Read more
