ARIZONA PROMISSORY NOTE (SECURED)Arizona Promissory Note • January 30th, 2016
ON THIS ____ DAY OF ____________________, 20___, _________________________________ [Name of Borrower], of _______________________ [Address of Borrower], hereinafter known as the “Borrower” promises to pay to _________________________________ [Name of Lender], of _______________________ [Address of Lender], hereinafter known as the “Lender”, the principal sum of ________________________ Dollars ($__________________), with interest accruing on the unpaid balance at a rate of _______________ percent (___%) per annum in accordance with Ariz. Rev. Stat. Ann. § 44-1201 (Interest and Usury) of the Arizona Statutes.
