This is a template of promissory note and statement of disclosure. The promissory note shows the full amount due, including the number of installments agreed upon, and when each payment is due. This is a commonly used form, and it contains of the standard provisions of a promissory note. The...
This template will be used to notify the maker of a promissory note of their default on an installment payment on a promissory note. Notice of default should be sent promptly to any account which falls behind in their payments on a note. It provides a legal basis for a...
This legal form is useful for individuals who are securing a loan or is buying a high-ticket property or vehicle. The promissory note shows the full amount due, including the number of installments agreed upon, and when each payment is due. This is a commonly used form, and it contains...
Prepare a Notice to default on promissory note with this easy-to-use template. The Notice of Default is given by the holder of a promissory note creditor to each endorser of a promissory note, to inform them that the maker of the note has defaulted in making payment and that the...
A promissory note, also referred to as a note payable in accounting, is a contract detailing the terms of a promise by one party the maker to pay a sum of money to the other the payee. The obligation may arise from the repayment of a loan or from another...
This paper contains a sample unsecured promissory note that can be customized to document a loan to you from a family member, friend, or other private party. The form is designed to help prove that you have established a formal debtor/creditor relationship and that the exchange of money is a...
The template contains a sample unsecured promissory note that can be customized to document a loan to you from a family member, friend, or other private party. The form is designed to help prove that you have established a formal debtor/creditor relationship and that the exchange of money is a...
Before the great depression of the 1930s, most real estate loans were straight loans. Borrowers paid the interest in a lump sum at the end of each year. It is no surprise that many people lost their homes and farms through foreclosure during these hard times. Real estate financing changed...
YORBA LINDA, Calif. -- netGuru, Inc. (Nasdaq:NGRU) will restate its financial statements covering the interim periods included in the first nine months of fiscal 2005 due to its further interpretation of the accounting effects of an April 2004 modification to a promissory note.
SUGAR LAND, Texas -- NEONR Systems, Inc. (Nasdaq:NEON), a leader in enterprise-class mainframe integration, today announced the company closed its previously announced sale of the $3.5 million guaranteed promissory note and the $6.0 million secured promissory note, each of which was issued to NEON by Scalable Software, Inc., to JMI...
LAKE FOREST, Ill. -- NeoPharm, Inc. (Nasdaq:NEOL) announced today that an event of default has occurred under Akorn, Inc.'s $3,250,000 Promissory Note to NeoPharm. NeoPharm had originally provided the financing to Akorn to help fund the completion of a manufacturing facility, a portion of the production of which would be...
DUNDALK, Maryland & BALTIMORE -- Patapsco Bancorp, Inc. (OTCBB:PATD) and Bradford Bancorp, Inc. announced today that they have mutually terminated the Agreement and Plan of Merger that the parties previously executed on March 19, 2007. Pursuant to the termination agreement, Bradford Mid-Tier Company has agreed to pay Patapsco Bancorp a...
MINNEAPOLIS -- BUCA, Inc. (Nasdaq:BUCA) announced the sale effective today of its 11 Vinny T's of Boston restaurants to Bertucci's Corporation, which operates 92 brick oven Italian restaurants in 11 states and the District of Columbia. The sale price was $6.8 million; of which $3.0 million was to be paid...
HOLLYWOOD -- Tousa Inc. won court approval to sell its interest in a $16.3-million promissory note for ... HOLLYWOOD -- Tousa Inc. won court approval to sell its interest in a $16.3-million promissory note for $13.5 million, giving it $13 million in net proceeds to allow...
NEW YORK -- SkyTerra Communications, Inc. (OTC: SKYT) today announced the receipt of approximately $22.6 million from the Motient Corporation as payment of all outstanding principal and accrued interest due under the promissory note issued to SkyTerra by a wholly-owned subsidiary of Motient on May 1, 2002 in connection with...
VANCOUVER, BRITISH COLUMBIA--BUSINESS WIRE--June 22, 1998-- Metro Res.(VSE:MRL.) On June 1 and June 15, 1998, Asia Pacific Resources Ltd. ("APR" or the "Company") announced the acquisition and closing respectively of the 87.5 percent controlling interest in Metro Resources Ltd., for a consideration of C$45,542,500 by way of C$4,700,000 cash on...
DAYTON, Ohio -- REX Stores Corporation (NYSE: RSC) today announced that pursuant to the May 31, 2007 announcement by U.S. BioEnergy Corporation (NASDAQ: USBE) of its proposed acquisition of Millennium Ethanol, LLC, of Marion, South Dakota, REX has entered into an agreement with U.S. BioEnergy Corporation and Millennium Ethanol for...