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Promissory Note-Demand Joint And Several Liability PN-811 - Legal Forms

Promissory Note-Demand Joint And Several Liability Form. This is a Legal Forms form and can be used in Promissory Notes .
 Fillable word Last Modified 5/6/2009
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PROMISSORY NOTE - DEMAND JOINT AND SEVERAL LIABILITY In consideration of value received, the undersigned Borrowers, jointly and severally promise to pay to Lender, ________________________________, the amount of _________________ ($______). Interest is charged thereon at __________________ percent (_____%) per ______. Lender may demand payment in full of any unpaid balance and accrued interest at any time. Payments shall be made at the following address: ________________________________________. This Note may be paid in full or in part at any time without penalty charges. All payments shall be applied first to interest, then to principal payments in the order of their maturity. In the event of any default on this Note, Borrower agrees to pay all reasonable expenses, including court costs and attorney fees, which may be incurred during collection proceedings. ____________________ Borrower ____________________ Date ____________________ Borrower ____________________ Date American LegalNet, Inc. © www.FormsWorkFlow.com
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