Download this form for Promissory Note with Lump Sum Repayment Form in United States of America
Text version of this Form
For value received, __________________________ of __________________________ (“Borrower”) promises to pay to __________________________ of __________________________ (Noteholder”), the principal amount of $__________,with interest at the annual rate of __________percent on any unpaid balance.
Payment on this note is due and payable to the Noteholder in full on or before _____________________ ,20 _____.
This note may be prepaid in whole or in part at any time without penalty.
If the Borrower is in default more than _______days with any payment, this note shall immediately become payable upon demand of any Noteholder.
This note is not assumable without the written consent of the Noteholder.
The Borrower waives demand, presentment for payment, protest, and notice.
In the event of any default, the Borrower will be responsible for any costs of collection on this note, including court costs and attorney fees.
Signature of Borrower
Printed Name of Borrower