Author Archive: promissoryadmin
Massachusetts Secured Promissory Note Template
The Massachusetts Secured Promissory Note Template is intended to be used as a starting point when drafting a secured note. Secured promissory notes are a type of written agreement that is legally enforceable, entered into by a lender and borrower. The template is available for download in .PDF format (or Word). Use the instructions in the […]
Massachusetts Unsecured Promissory Note Template
Download the Massachusetts Unsecured Promissory Note Template in the file formats provided on this page (download links located at the top of the page). The template is designed to be used as a starting point when drafting a promissory note. The template outlines the required terms of a note (parties, principal sum, interest rate, payment method, […]
Michigan Secured Promissory Note Template
Use the links posted on this page to download the Michigan Secured Promissory Note Template. The template is designed to be filled out quickly and easily (the instructions posted below detail how to complete the form). Secured notes require that the borrower provides assets as collateral. The lender can take possession of this collateral if […]
Michigan Unsecured Promissory Note Template
The Michigan Unsecured Promissory Note Template is a written agreement regarding a loan that is entered into by two parties – a lender and borrower. The agreement outlines the principal sum, interest rate, payment frequency, and other terms of a loan. The reason that it is “unsecured” is because the borrower does not pledge collateral (as […]
Minnesota Secured Promissory Note Template
The Minnesota Secured Promissory Note Template is a legal document used to detail the principal sum, interest rate, payment method, and other facets of a loan. The borrower is required to pledge collateral when signing the secured promissory note. The reason for this is that in the event of a default on the note/loan, the lender […]
Minnesota Unsecured Promissory Note Template
Use the links near the top of the page to download the Minnesota Unsecured Promissory Note Template. The template is designed to be used when drafting an unsecured promissory note (for use in the State of Minnesota). Unsecured notes, in contrast to secured ones, do not require that the borrower pledge collateral (in order to […]
Mississippi Secured Promissory Note Template
The Mississippi Secured Promissory Note Template is a legal form, entered into by a lender and borrower, which establishes the principal sum, agreed upon payment method, interest rate, and other terms of a loan. Secured notes require that the borrower pledge collateral to the lender (in case the borrower defaults). In the event of a default […]
Mississippi Unsecured Promissory Note Template
The Mississippi Unsecured Promissory Note Template is a legal form that can be downloaded as a .PDF or Word file. The form is used to outline the terms of a loan (e.g. principal sum, payment method, interest rates, etc.). As opposed to secured notes, unsecured notes are not backed by a borrower’s collateral. Therefore, unsecured notes/loans […]
Missouri Secured Promissory Note Template
The Missouri Secured Promissory Note Template is a legal document entered into by two parties: a lender and borrower. Secured promissory notes are used to outline the principal sum, interest rates, installment amount/schedule, and other terms of a loan. The note is “secured” due to having the backing of the borrower’s pledged assets (i.e. collateral). […]
Missouri Unsecured Promissory Note Template
The Missouri Unsecured Promissory Note Template is a written agreement, entered into by a lender and borrower, that outlines the principal sum, installment/payment amount, interest rate(s), and other facets of a loan. Unsecured notes, unlike secured ones, are not backed by assets pledged from the borrower. In the event of default, the lender’s only recourse is […]