Sample Letter Transmitting Cancellation and Satisfaction of Promissory Notes in Santa Clara, California [Your Name] [Your Address] [City, State, ZIP Code] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Cancellation and Satisfaction of Promissory Notes Dear [Recipient's Name], I am writing to formally transmit the cancellation and satisfaction of promissory notes that were previously executed between [Lender's Name] and [Borrower's Name] in Santa Clara, California. The purpose of this letter is to provide the necessary documentation and ensure that all parties involved are aware of the finalized transaction. Upon careful review and examination, it has been determined that the outstanding obligations specified in the promissory notes have been fully settled and satisfied. The amount due, as per the original terms of the promissory notes, has been paid in full, and all associated interest, fees, and charges have been duly taken care of. Therefore, the promissory notes are now considered null and void, and all rights and obligations contained within them are hereby canceled and terminated. Please find the following details pertaining to the promissory notes: 1. Promissory Note 1: — Initial Borrowed Amount: $[Amount— - Interest Rate: [Rate] — Maturity Date: [Date] 2. Promissory Note 2: — Initial Borrowed Amount: $[Amount— - Interest Rate: [Rate] — Maturity Date: [Date] I enclose copies of the promissory notes for your reference and verification. Additionally, I have attached a copy of the official payment receipt indicating the full and final settlement of the aforementioned obligations. It is imperative that you update your records to reflect the cancellation and satisfaction of these promissory notes, ensuring accurate documentation for future reference, if necessary. Should you require any further information or clarification regarding this matter, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. We would like to express our appreciation for your cooperation and prompt action in acknowledging the cancellation and satisfaction of these promissory notes. Your attention to this matter is greatly appreciated. Thank you for your prompt attention to this matter. Sincerely, [Your Name] [Your Title or Position (if applicable)]
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.