[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Notes Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to formally transmit the cancellation and satisfaction of the promissory notes previously executed between [Borrower's Name] and [Lender's Name] in relation to the financial transaction regarding [Brief Description of the Loan Purpose]. The purpose of this letter is to provide official notification of the complete discharge and release of all obligations, liabilities, and responsibilities pertaining to the aforementioned promissory notes, effective immediately on the date of this letter. Enclosed you will find the following documents showcasing the cancellation and satisfaction: 1. Promissory Note Cancellation and Satisfaction Certificate: This certificate attests that the promissory notes, identified with the following details, have been fully paid, discharged, and released by [Borrower's Name]: — Loan/Note Number: [Enter Loan/Note Number] — Loan Amount: [Enter Loan Amount— - Original Agreement Date: [Enter Original Agreement Date] — Maturity Date: [Enter Maturity Date— - Termination Date of Loan: [Enter Termination Date] 2. Release of Lien: This document outlines the release of any liens associated with the promissory notes and confirms that no further claims or encumbrances exist in relation to the mentioned loan. Please note that the cancellation and satisfaction of these promissory notes fulfill all legal requirements to terminate the borrower's obligations towards the lender, and there are no outstanding balances or claims to be settled. Therefore, it is imperative that all records pertaining to these promissory notes be appropriately updated, marked as "cancelled" or "satisfied," and effectively removed from any financial records or systems. Should you require any further information or additional documentation regarding the cancellation and satisfaction of the promissory notes, please do not hesitate to contact me at your earliest convenience. It would be my pleasure to assist you in any way possible. Thank you for your prompt attention to this matter, and I appreciate your cooperation in ensuring that all necessary actions are taken to reflect the termination of the above-mentioned promissory notes accurately. Yours sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.