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Free Fillable Promissory Note with Multiple Options Generator

This is a great form. You can do a lot with it. But sometimes you want more, like instructions, examples, different formats, editable and of course attorney prepared. You can find one of those with this Promissory Note with Multiple Options for just a few dollars.

Name of Borrower
Address of Borrower
Name of Lender
Payment Amount of Principal
Payment Amount of Interest
Principle and Interest Amount Due Date
Amount of First Installment
First Installment Due Date
Amount of Second Installment
Second Installment Due Date
Amount of Third Installment
Third Installment Due Date
Amount of Fourth Installment
Fourth Installment Due Date
State for Governing Law


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HTML Promissory Note with Multiple Options

Promissory Note

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For good and valuable consideration, I ___________________________ of ________ _________________________________________(�Undersigned�) hereby promises to pay to the order of� __________________________ (�Holder�), the sum of� $________________ (�Principal�), together with interest at the rate of ______ % per annum on any unpaid balance.

 

The said Principal amount along with the interest shall be due and payable to the Lender on the ________________ day of _______________________, __________.

 

OR

 

The said Principal amount along with the interest, shall be paid in the following installments:

 

$_____________ on _____________________

 

$_____________ on _____________________

 

$_____________ on _____________________

 

$_____________ on _____________________

 

This Note may be prepaid in whole or in part at any time without premium or penalty. All prepayments shall be applied first to interest, then to principal payments in the order of their maturity.

 

In the event the undersigned defaults in making any payments due under this note, this note shall become due and fully payable upon demand of the holder.

 

�This note shall be enforced in accordance with the laws of the state of _____________________.

 

The parties to this note hereby waive any presentment, demand, protest, and all notices thereto, and agree to remain fully bound notwithstanding any extension, indulgence, modification or release or discharge of any party or collateral under this note.

 

Signed under seal this _________ day of ____________________, ___________.

 

By:� ______________________

 

In the presence of:

 

_______________________________��������� ______________________________

 

_______________________________ �������� ______________________________

Description

This free Fillable Promissory Note with Multiple Options form template is a written agreement between a lender and a borrower allowing multiple options for the repayment of the loan. The borrower can pay the principle amount with the agreed interest rate on the due date of the promissory note or make specific installment payments of both the principle amount and interest based on a set time schedule. We have made the whole process easy for you but take a look for yourself. Just fill in the blank fields, download and print to create a great legal document.







Instructions

Simply fill out the fields on this page with the required information. Press the "Create Form" button. If you want a blank form, leave the fields as they are and click on the 'Create Form' button. On the next page you will be able to download your completed form. The form can then be edited further or just printed. That's all there is too it. We do not collect or save any of the information you enter in these forms. The information is solely used to fill out the form you are preparing.

Disclaimer: This form was not drafted by an attorney and is provided "As-Is" and may need substantial modifications to be valid. It should not be used as a legal document. By using any form on this site you agree that you are using them at your own risk.