Promissory Note Payable on Demand

Here is a form for Promissory Note Payable on Demand.

This is a promissory note for payment of money owed, payable on demand. The principal shall be due and payable in full on demand by maker. 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.

Promissory Note Payable on a Designated Date

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.

Guaranty

Here is a form for Guaranty.

This form provides for a guarantor for the repayment of a debt. If any of the payments are late or not paid, the guarantor will make the payments. The guarantor also agrees to pay any costs of collection if the guaranty is not lived up to. Furthermore, the guarantor agrees that the guaranty may be enforced without having to first sue the borrower for defaulting on the debt by waiving any right to require creditor to proceed against debtor. Any failure to pay any payment obligation by the debtor will suffice to require the guarantor to make good on the obligation.

Checklist of Issues in Negociating a Loan

Here is a form for Checklist of Issues in Negociating a Lease.

This is a checklist of some of the issues to consider when determining whether to accept a loan and in negotiating the loan terms. The issues relates to interest, payment terms, representations and warranties of the borrower and the borrower’s covenants, either affirmative or negative.