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Agreement-Additional Interest For
AGREEMENT-ADDITIONAL INTEREST FOR
MATURITY DATE EXTENSION
[Name of Maker], of [address of Maker], [city of Maker], [state of Maker], admits that there is $[Amount owed to payee] Dollars owing to [Name of payee], of [address of payee], [city of payee], [state of payee], on an instrument, dated [Date of instrument], between [Name of maker] and [Name of payee]. In consideration of [Name of payee] granting an extension of the maturity date of the instrument described above from [Old maturity date] to [New maturity date], [Name of maker] shall pay an additional interest rate of percent [Additional Interest Rate]% on the remaining principal of $[Remaining principal] Dollars from the date of this agreement until the instrument is finally paid.
Dated:
signature