Promissory Note Payable on a Designated Date

Posted on June 18, 2008 by Geoffrey Parnass

Here is a form for Promissory Note Payable on a Designated date.

This is a promissory note for payment of money owed, payable on a date designated in this document. It establishes a maker’s obligation to repay a debt back with interest. In the event of a default in payment of any installment by maker, both principal and interest shall become immediately due and payable at the option of the holder of this note. This document sets forth the amount of the loans, the terms of the loan and the interest rate.

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