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To write a Promissory Note, use the provided template and follow the steps. Start by entering the borrower's name at the top (e.g., JOHN DOE) and their address details (e.g., 123 EXAMPLE STR, UNIT 1, NEW YORK, NY 12345). Include the borrower's phone number (e.g., 123-456-7890) and email (e.g., borrower@example.com). Specify the document date. Next, enter the lender's name (e.g., LENDER EXAMPLE LLC) and 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). Enter the principal amount (e.g., $10,000.00) and select the effective date of the Promissory Note. Repeat the principal amount and enter the interest rate (e.g., 3.75%).
