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To write a Promissory Note, follow these steps using the provided template. Start by entering the borrower's name at the top (e.g., JOHN DOE), followed by their address (e.g., 123 EXAMPLE STR, UNIT 1, NEW YORK, NY 12345), phone number (123-456-7890), and email (borrower@example.com). Next, input the document date. Then, fill in the lender's name (e.g., LENDER EXAMPLE LLC), their address (e.g., P.O. BOX 123, MIAMI, FL 12345), phone number (111-222-3333), and email (lender@example.com). Specify the principal amount (e.g., $10,000.00), select the effective date of the promissory note, repeat the principal amount, and finally, enter the interest rate (e.g., 3.75%).
