Legal Forms
To search for a particular term please use the following search box.
Important Notice : Lawyerintl.com strongly recommends that you seek independent legal advice from a qualified lawyer before using any of the forms on this site, in order that you can verify the forms are suitable for your needs.
Note And Guarantee
NOTE AND GUARANTEE
FOR VALUE RECEIVED, the borrower, [Name of the Borrower] residing at [Address of the Borrower], shall pay to the order of [Name of the Lender] "lender", at [Address of the Lender] the total amount of [Total amount of the note in letters] dollars $[Total amount of the note in numbers], including principal and interest at [Interest on the note in letters] percent [Interest on the note in numbers]% per year, in consecutive payments, payable on the [Day of the month the note payment is due] day of the month beginning on [First month the note is due], until the loan is paid in full. The borrower may prepay this loan without any early payment penalty.
Failure to make a payment when due shall be a default on the loan. Should a default exist for more than [Number of days in the grace period in letters] [Number of days in the grace period in numbers] days, the total amount outstanding will be currently due, and the borrower agrees to pay the holder of this note reasonable costs of collection including attorney fees.
Date: Borrower:
GUARANTY
FOR VALUABLE CONSIDERATION RECEIVED, the guarantor, , guarantees full payment of the above amount, and shall remain liable until the note is fully satisfied and paid in full.
Date:
Guarantor: Address: