New Hampshire Secured Promissory Note Template
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The New Hampshire Secured Promissory Note Template is a legal document that details the specific terms regarding a loan. The contractual form is entered into by two parties: a lender and borrower. The borrower is required to provide collateral (which is the reason why the note is “secured”). In the event of a default, the lender can legally take possession of the assets the borrower has pledged as collateral.

How to Write

Step 1 – Download the document using the links at the top of the page. The form is available in two formats: .PDF or Word.

Step 2 – Provide the following information:

• Date (dd/m/yy format)
• Borrower’s name/address
• Name of lender/address of lender
• AND
• Provide the principal sum
• Fill in the interest rate

Step 3 – Payments – Fill in the appropriate payment method:

• No Installments
• Installments – submit the amount the borrower has agreed to pay.
• Interest Only

Step 4 – If required:

• Fill out the monthly/weekly payment schedule details.

Step 5 – Due Date:

• Provide the date in which the full sum of the note is due by (including interest/late fees/additional charges).

Step 6 – Interest Due in Event of Default:

• Enter the interest rate the borrower has agreed to pay IF they default on the loan.

Step 7 – Late Fees:

• Submit how many days the borrower will have after missing a payment before the lender will charge a late fee to the account.
• Enter the late charge that will be applied to the balance.

Step 8 – Acceleration:

• If the borrower defaults on the note, they will have a certain amount of time to cure the default before the lender can take further action.
• Submit how long the borrower will have to cure the default.

Step 9 – Security:

• Fill in a description of the collateral the borrower has agreed to pledge.

Step 10 – Signatures – Provide the following required details:

• Date
• Name of borrower AND signature of borrower
• Name of lender/signature
• Names of witnesses
• Signatures of witnesses