Sponsored By The Law Office of Clifford J. Geismar P.A.

Summary of Promissory Note


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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Law Office of Clifford J. Geismar
2431 Aloma Avenue, Suite 150
Winter Park, Florida 32792
407· 673· 1087 1· 888· 673· 1087
Fax : 407· 673· 0375

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Revised: July 8, 2004 .

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