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In this tutorial, Scott from Simple Forms to Ark demonstrates how to clear a promissory note. Users can access the form under financial forms and select their state from a drop-down menu, which is adjustable at any time. The form is designed to be user-friendly and flexible; it allows for the inclusion of a payment schedule and interest details by clicking "yes." After entering the necessary information, users can create their promissory note. Any modifications can be made by clicking "Edit." Once satisfied, individuals can add the agreement to their account. Users also have the option to include additional notes.