Conclude your loan agreement once it's repaid. Use our release of promissory note template to formally mark your financial arrangement's end.Use our free, attorneycrafted Michigan Promissory Note template. Find out what's included in the agreement and how to write it. Download a template here. Such a document serves as the borrower's proof that the debt has been paid. Our user-friendly template helps you create a legal document for loan agreements, while providing peace of mind and clarity for both parties involved. Use this free Michigan Promissory Note Template to secure your loans in the state of Michigan. Edit, Sign and Download PDF. The completed document will indicate the involved parties, loan amount, interest rates, and how often installments are made.