Sample Promissory Note Balloon Letter

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