A promissory note, or “promise to pay”, is a note that details money borrowed . with an asset of value “securing” the amount loaned such as a vehicle or a home. Create a free Promissory Note (also known as an IOU) to document your loan. . down payments; Bank loans; Commercial or business loans; Car or vehicle loans . Sample. Promissory Note. Personalize your Promissory Note template. National Paralegal College. Download Document in Microsoft Word file format. Bill of Sale and Promissory Note Auto – Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for . Secured Promissory Note Template. A vehicle promissory note is a legally binding document that functions as a written promise to pay someone for a car loan. 1 мая 2017 г. – A promissory note outlines repayment terms when using seller financing in a vehicle sale. The best examples of promissory notes outline in . 8 авг. 2015 г. – Promissory notes for car loans make sure that you have a legal cover and a solid record of the transaction. The sample note below highlights . (Borrower) agrees and promises to pay to (Lender) the sum of ($ ) Dollars for value received, with interest at the annual rate of % payable after (Date) . If this note . Description of promissory note for car pdf. In case of any . This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the .