NEW JERSEY PROMISSORY NOTE (SECURED)New Jersey Promissory Note • February 18th, 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 NJ ST 31:1-1 (Interest and Usury) of the New Jersey Statutes.
