Promissory Note - Single Installment

Use this simple form to borrow or lend money, to be repaid in one, single, installment.

For customizable promissory notes, please see Nolo's promissory note.



In consideration of value received, I, the undersigned borrower, agree to pay to _________ _______________________ (Lender) the amount of ____________________ ($________), with interest at the rate of ____________ percent (___%) per ___________.

The entire amount, principal and interest, shall be due and payable on or before ______________ , _______.

Failure to make a payment when due shall be considered a default on this note. Should such a default exist for more than a grace period of ____________ (____) days, Borrower agrees to pay Lender all reasonable costs and expenses incurred during collection proceedings, including attorney fees.

__________________________ ________________

Borrower Date




These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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