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To write a Promissory Note, use the provided template and follow these steps. Begin by entering the borrower’s name at the top (e.g., JOHN DOE) and their address, including phone number and email (e.g., 123 EXAMPLE STR, NEW YORK, NY 12345, 123-456-7890, borrower@example.com). Then, select the document date. Next, provide the lender’s name and address (e.g., LENDER EXAMPLE LLC, P.O. BOX 123, MIAMI, FL 12345) along with their phone number and email (111-222-3333, lender@example.com). Enter the principal amount (e.g., $10,000.00) and select the effective date for the Promissory Note. Finally, repeat the principal amount and specify the interest rate (e.g., 3.75 percent).
