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To write a Promissory Note, use the provided template and follow these steps: 1. Enter the borrower's name at the top (e.g., JOHN DOE).2. Fill in the borrower's address details: Address Line 1 (e.g., 123 EXAMPLE STR, UNIT 1), Address Line 2 (e.g., NEW YORK, NY 12345), phone number (e.g., 123-456-7890), and email (e.g., borrower@example.com). 3. Choose the document date. 4. Enter the lender’s name (e.g., LENDER EXAMPLE LLC) and their address details: Address Line 1 (e.g., P.O. BOX 123), Address Line 2 (e.g., MIAMI, FL 12345), phone number (e.g., 111-222-3333), and email (e.g., lender@example.com). 5. Specify the principal amount (e.g., $10,000.00) and the effective date, repeating the principal amount and entering the interest rate (e.g., 3.75 percent).
