Promissory Note Template and Instructions
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ScribdTranslationsPromissory Note Template and Instructions
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ScribdTranslationsMODEL PROMISSORY NOTE AND INSTRUCTION LETTER
PROMISSORY NOTE NO. __________
I, __________ (Debtor), of legal age, identified as shown at the foot of my
company, acting on its own behalf, of legal age, identified as appearing
At the bottom of my signature, through this letter, I state the following:
FIRST: That I owe and will pay, unconditionally and jointly, at the order of
__________ (Creditor's Name) or to the natural or legal person to whom the
the mentioned creditor assigns or endorses their rights over this promissory note, the sum
a certain amount of __________ PESOS MCTE. ($_____), Colombian legal currency.
SECOND: That the total payment of the mentioned obligation will be made in a
only counted, on the ______ day of the month of ______ of the year ______ in the
dependencies of _______ (Creditor's Name) located in the city of ______,
or in your bank account No. ______ of Bank ______.
THIRD: That in case of delay I will pay ______ or to the natural person or
legal entity to whom the mentioned creditor assigns or endorses their rights, interests
from the day after at the highest rate permitted by law,
due date of this promissory note, and until when its total payment is
effectuate.
FOURTH: I expressly declare the protest of this promissory note excused and
the judicial or extrajudicial requirements for the establishment of default.
FIFTH: In the event that there is a need for judicial or extrajudicial collection of the
the obligation contained in this security title shall be at my expense the costs
judicial and/or the fees that are incurred for such reason.
In confirmation of the above, we sign this authorization, on the ______ days.
of the month of ______ of the year ______.
THE DEBTOR,
________________________
Nombre:
C.C No:
Gentlemen
_____________________ (Creditor Name)
City
REFERENCE: AUTHORIZATION TO FILL IN BLANK SPACES ON THE PROMISSORY NOTE
No.
I, __________ of legal age, identified as stated below my signature,
acting on my own behalf, through this writing I declare that I
I grant you, permanently and irrevocably, the authority to act in case of
failure to timely pay any of the obligations we have
acquired with you, derived from commercial and contractual businesses
whether verbal or written; without prior notice, proceed to fill in the blanks in
white of the promissory note No. __________, which I have subscribed to in your favor on the date and that
is attached, in order to convert the promissory note into a document that grants merit
executive and is subject to the legal parameters of Article 622 of the Code
of Commerce.
The space corresponding to 'the certain sum of' will be filled by a
sum equal to that resulting from outstanding payments of all obligations
contracted with the creditor, in terms of principal, interest, insurance,
extrajudicial collection, according to the creditor's accounting as of the date in
Let the promissory note be filled out.
2. The space corresponding to the date when the payment must be made, is
fill in with the date corresponding to the day on which the promissory note is filled out,
date that is understood to be the due date.
In witness whereof, we sign this authorization, on the ______ day
of the month of ______ of the year ______.
THE DEBTOR,
________________________
Name:
C.C No: