Promissory Note (Lump Sum Payment of Principal and Interest on Demand by Noteholder)

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Promissory Note (Lump Sum Payment of Principal and Interest on Demand by Noteholder)

The Following Applies To This Note:

  • This note is used when a borrower(s) promise(s) to pay to the corporation (the noteholder) the principal amount of the loan, together with the simple interest on the unpaid principal balance from the date of the note until the date that the note is paid in full, at a specified annual rate.

 

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Promissory Note (Lump Sum Payment of Principal and Interest on Demand by Noteholder)

The Following Applies To This Note:

  • This note is used when a borrower(s) promise(s) to pay to the corporation (the noteholder) the principal amount of the loan, together with the simple interest on the unpaid principal balance from the date of the note until the date that the note is paid in full, at a specified annual rate.

 

(1 Page)

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Rich Text Format (.rtf), Word Document