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To write a Promissory Note, begin by using a provided template and follow the link to access it. Fill out the form starting with the borrower's name (e.g., JOHN DOE) and address (e.g., 123 EXAMPLE STR, UNIT 1, NEW YORK, NY 12345). Include the borrower's phone number and email. Next, enter the document date, followed by the lender's name (e.g., LENDER EXAMPLE LLC) and address (e.g., P.O. BOX 123, MIAMI, FL 12345). Add the lender's phone number and email. Specify the principal amount (e.g., $10,000.00) and the promissory note effective date. Finally, repeat the principal amount and enter the interest rate (e.g., 3.75 percent).
