SAMPLE
Names of Parties
The person owed money under the Note is __________
The person owing on the Note is __________
Information regarding the Terms of the Promissory Note
The Note Commencement Date is , and all obligations are measured from this date. _____
The first monthly payment is due on __________
The loan must be fully repaid on or before months after the Note Commencement Date _____
The amount owed under the Note is $ __________
The interest rate on the Note is % __________
The payments on the Note are fully amortized, meaning equal monthly interest and principal repayments every month over the life of the loan, until the loan is repaid in full.
Miscellaneous Provisions
An attorney's fees clause is provided in this Promissory Note.
The performance (payment) of the Note is to be made at the following address: __________
This Promissory Note is governed by the laws of the State of Florida
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