FOR VALUE RECEIVED, the undersigned, _______________________________ (Borrower), maintaining an address at _______________________________ (Borrower’s Address) promises to pay to the order of ________________________________ (Lender), whose address is __________________________________ (Lender’s Address), the principal sum of $_____________ (Principal), together with interest of _____% (Interest Rate) per year thereon from the date herein.
The unpaid Principal and accrued interest shall be paid in monthly installments of $_______, with the first payment beginning on __________________ and continuing every month thereafter with a like amount on the same date each month until the full amount of this note and all accrued interest is paid in full.
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