Promissory Note printable pdf download

PROMISSORY NOTE

________________________, Florida

_________________, 2010

For value received, the undersigned jointly and severally agrees and promises to pay to

the order of __________________________________, the principal sum of $__________ with

interest thereon at the rate of ________ per centum per annum from the date hereof until

maturity, the interest being payable as set forth below in lawful money of the United State of

America at:

___________________________________________________________________ or such other

address as the holder from time to time may specify by written notice to the maker, the principal

and interest to be paid as follows:

The indebtedness evidenced by this note may be prepaid in whole or in part at any time

without penalty or premium.

If there is a default in payment of any of the sums or interest or in the performance of

any agreements contained herein and it continues for a period of ______________(___) days

then, at the option of the holder of the note, the principal sum then remaining unpaid with

accrued interest shall immediately become due and collectible without notice, time being of the

essence of this contract, and the principal sum and accrued interest shall both bear interest at the

highest rate allowable by law from the date of default until paid. All sums paid under this note

shall be credited first to accrued interest and then to principal.

Each maker and endorser waives presentment, protest, notice of protest and notice of

dishonor and agrees to pay reasonable attorneys’ fees and expenses in the enforcement of this

note prior or subsequent to judgment and in any and all trial and appellate tribunals, whether suit

be brought or not if, after maturity of this note or default, counsel shall be employed to collect

this note.

MAKER’S ADDRESS

_____________________________ (SEAL)

Print name: __________________________

Promissory Note