Free Legal FormsLegal Forms
Need Help Contact Us Find out more about us. Customer/Member Support
  Members Logon
 User Name
 
 Password
Forgot Your Password?
   
Search
View forms index

Do-it-yourself, and save-but be smart about it!

To make sure your goals are not compromised, and that your needs are properly met, All About Forms highly recommends that you have a licensed attorney review any legal documents you plan to use.

Why?

  • To be sure you have the right form for your state or local area.
  • To be sure you have the right form for your unique situation.
  • To be sure you are considering all possible legal ramifications.

Signup now to take advantage of the free consultations with our attorneys and financial experts and have them take a look at what you're planning. Just in case!



Back to Forms for 'Promissory Notes'.


PROMISSORY NOTE - BALLOON

PROMISSORY NOTE - BALLOON

 

 

Date:  ______________________

 

FOR VALUE AND CONSIDERATIONS RECEIVED, I (We), the undersigned , individually guarantee to pay to  the total sum of  which includes an interest payment of and the principal payment of  per month. Such interest payment has been calculated at the rate of  percent per year.

 

The following terms and conditions shall be valid throughout the life of the Note:

 

A.  _____________________________________________________________.

 

B. _____________________________________________________________.

 

C. _____________________________________________________________.

 

Such payment shall continue for a period of  months until  and the final payment (Balloon payment) of  shall be due and payable on .  This Note may be prepaid in whole or in part at any time with premium or penalty of  percent of the outstanding balance of the loan.  All prepayments shall be applied first to interest, then to principal payments in the order of their maturity.

 

The Borrower(s) agrees to pay all costs and expenses, including but not limited to all reasonable attorney fees, for the collection of this Note in an event of default.  All payments shall be made on the  day of each month at , or at such other place as the holder hereof may from time to time designate in writing.

 

Each maker, surety, guarantor and endorser of this Note waives presentment, notice and protest, all suretyship defenses and agrees to all extensions, renewals, or releases, discharge or exchange of any other party or collateral without notice.

 

 

 

_______________________________                   _____________________________

Borrower                                                                  Borrower

 

 

 

_______________________________                   _____________________________

Witness                                                                     Seal

 

 

(FOR GUARANTEE PURPOSES)

 

I, , shall act as the sole guarantor of the Borrower(s).  In the event of default, I shall personally be held liable for the full payment of the Note.

 

 

 

Dated:  __________________________

 

 

Guarantor:  _______________________

 

 



Printer Friendly Version Get RTF Version


   
   

 ©2000-2012 CLC Inc.

 Home | About Us | Contact Us | FAQs | Link to Us
 Legal Information | Privacy Policy
   

Try us out for only $4.95!

Register now







FIFA 14 Coins,FIFA Coins,MMORPG Gold,MMOPRG Game,Wedding Dresses,Evening Dresses,Fashion Guides,Fashion Tips,Healthy Diets,Slimming Equipment,Fashion Bags,Fashion Handbags,Fashion Clothes,Fashion Shoes,FIFA 14 Coins,FIFA Coins,Fashion Jewelry,Fashion Jewellery,Fashion News,Fashion Tips,FIFA 14 Coins,FIFA Coins,Fashion Guides,Fashion Trends,Wedding Dresses,Evening Dresses,Wedding Dresses,Evening Dresses