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Back to Forms for 'Promissory Notes'.


SINGLE INSTALLMENT NOTE

SINGLE INSTALLMENT NOTE

 

 

In consideration of value received, I, the undersigned borrower, agree to pay to _________ _______________________ (Lender) the amount of ____________________ ($________), on which such amount interest shall accrue at the rate of ____________ percent (___%) per ___________.

 

The entire amount, principal and interest, shall be due and payable on or before ________

______ (month & day), _______ (year).

 

Failure to make a payment when due shall be considered a default on this note.  Should such a default exist for more than a grace period of ____________ (____) days, Borrower agrees to pay Lender all reasonable costs and expenses incurred during collection proceedings, including, but not limited to, attorney fees.

 

 

____________________________                         ________________

Borrower                                                                  Date

 

 



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