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To write a Promissory Note, start by choosing a template and filling out the required fields. Begin with the borrower's name (e.g., JOHN DOE) at the top, followed by their address (e.g., 123 EXAMPLE STR, UNIT 1, NEW YORK, NY 12345), phone number (e.g., 123-456-7890), and email (e.g., borrower@example.com). Enter the document date. Next, input the lender's name (e.g., LENDER EXAMPLE LLC), their address (e.g., P.O. BOX 123, MIAMI, FL 12345), phone number (e.g., 111-222-3333), and email (e.g., lender@example.com). Specify the principal amount (e.g., $10,000.00) and select the Promissory Note effective date. Finally, repeat the principal amount and enter the interest rate (e.g., 3.75 percent).
