Installment Note :
I promise to pay the sum of ______________ ($____________) to the order of _________________ at ______________________ in the following manner :
The sum of $___________ on the __ day of ____ and the sum of $__________ on the ____ of each month thereafter until the entire amount is repaid, said sum including interest at the rate of __ % per annum.
The maker and endorser of this note further agree to waive demand, notice of non-payment and protest, and in case suit shall be brought for the collection hereof, or the same has to be collected upon demand of an attorney, to pay reasonable attorney's fees for making such collection.
The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. Due to the variances by many local, city, county and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.
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