Download Demand Promissory Note Template for Free

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$ __________
Dated: ______________________________ , 20 _____
For value received,
____________________________________________________ , Borrower,
address:
promises to pay ON DEMAND to
____________________________________________________ , Noteholder,
address:
the principal amount of $ __________ , with interest at the annual rate of __________ per-
cent, on any unpaid balance.
This note may be prepaid in whole or in part at any time without penalty. This note is not assum-
able without the written consent of the Noteholder. The Borrower waives demand, presentment
for payment, protest, and notice. In the event of such default of over __________________
days in making payment, the Borrower will be also be responsible for any costs of collection
on this note, including court costs and attorney fees.
_____________________________
Signature of Borrower
_____________________________
Printed Name of Borrower
Promissory Note (on Demand)
Demand Promissory Note Template
source: carrolllibrary.org
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