Common Contracts

2 similar Promissory Note contracts by Velocity Asset Management Inc

VELOCITY ASSET MANAGEMENT, INC. PROMISSORY NOTE $_______________
Promissory Note • April 19th, 2005 • Velocity Asset Management Inc • Short-term business credit institutions

Borrower's Promise to Pay Principal and Interest. In return for a loan that the Borrower received, the Borrower promises to pay the sum of $______________,along with interest at the rate of 7% by means of quarterly payments of $_______________ beginning June 30, 2005 (pro rata) and on the last day of each quarter of the year thereafter, with the last payment being the sum of $____________ and accrued interest. Under any circumstance, and notwithstanding the aforementioned payment schedule, the Borrower will pay all amounts owed under this Note no later than April 15, 2006. All payments will be made to the Lender at my address set forth above.

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VELOCITY ASSET MANAGEMENT, INC. PROMISSORY NOTE $_______________ This Promissory Note is made on April 15, 2005 BETWEEN the Borrower VELOCITY ASSET MANAGEMENT, INC. whose address is 48 S. Franklin Turnpike, Ramsey, NJ 07446, referred to as "BORROWER."...
Promissory Note • April 19th, 2005 • Velocity Asset Management Inc • Short-term business credit institutions

Borrower's Promise to Pay Principal and Interest. In return for a loan that the Borrower received, the Borrower promises to pay the sum of $______________,along with interest at the rate of 7% by means of quarterly payments of $_______________ beginning June 30, 2005 (pro rata) and on the last day of each quarter of the year thereafter, with the last payment being the sum of $____________ and accrued interest. Under any circumstance, and notwithstanding the aforementioned payment schedule, the Borrower will pay all amounts owed under this Note no later than April 15, 2006. All payments will be made to the Lender at my address set forth above.

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