Grid Promissory Note for Multiple Loan Advances

Use this Balloon Promissory Note form in situations where the borrower is required to provide additional collateral besides the property being mortgaged.

• The borrower agrees to make monthly payments against the amount secured by the Note, until the date of the final payment.
• The final payment will be a balloon payment (in other words, a payment in full of the entire balance of principal and interest outstanding at that date).
• The note has an additional provision requiring the borrower to put up personal property or real estate as additional collateral security.
• This is a generic legal form which is not specific to any country, state or province.
• This template is available in MS Word format and is fully editable to meet your needs.

Document a loan and protect your rights as a creditor in Canada with this easy-to-use Demand Promissory Note form which provides for floating interest rate.

• Interest is calculated based on the current prime lending rate of the lender's bank.
• The loan can be prepaid at any time without penalty or premium.
• The form can be easily filled in and printed for signature. Use it as many times as you like.
• This a Canadian legal form template that can be used in any part of the country. A French language version may be required for the Province of Quebec.

To get the Demand Note form, add it to your cart and go through the checkout. Once the transaction is processed, you'll be automatically directed to the download page to get your form.

Secure the repayment of a loan with this Term Promissory Note template for Canada.

• The Note allows the borrower to repay the loan amount in regular payments of blended principal and interest.
• The interest is calculated monthly and compounded yearly.
• This is a reusable legal form. Buy it, download it, re-use it as often as you require.
• Available in MS Word format.
• Intended for use only in Canada.

If you are loaning money to someone, make sure you get paid back by having them sign this Demand Promissory Note.

• A demand promissory note is a note that must be repaid in full (including all interest) when the lender demands repayment.
• Interest on the principal amount accrues at a fixed rate and is calculated monthly.
• The principal can be prepaid by the borrower at any time without a penalty or premium being charged.
• The promissory note is a legal contract. When the borrower signs it, they are making a promise to repay the loan. If they don't pay it on time, you can take legal action.
• This is a generic legal form which is not country-specific.
• Download a free copy of the Demand Promissory Note and keep it handy for the next time you make a loan to anyone.