Subject: Transmittal of Cancellation and Satisfaction of Promissory Notes — North Dakota [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Designation] [Recipient's Company/Organization] [Recipient's Address] [City, State, ZIP] Dear [Recipient's Name], I hope this letter finds you well. I am writing to transmit the Cancellation and Satisfaction of Promissory Notes for [Name of Borrower(s)], pertaining to the loan agreement dated [Loan Agreement Date]. As per the terms and conditions of the aforementioned promissory notes, [Name of Borrower(s)] has met all the obligations, including the repayment of the principal amount and accrued interest in full and on time. Therefore, it is with pleasure that I am transmitting the necessary documentation to officially cancel and mark the promissory notes as satisfied. In compliance with the regulations of the State of North Dakota, I hereby provide the details of the promissory notes being cancelled and satisfied: 1. Promissory Note Details: — Promissory Note Number: [Note Number— - Date of Promissory Note: [Note Date] — Borrower's Name: [Borrower's Name— - Lender's Name: [Lender's Name] — Principal Amount: [Principal Amount— - Interest Rate: [Interest Rate] — Maturity Date: [Maturity Date] 2. Additional Promissory Notes (if applicable): — Promissory Note Number: [Note Number] — Date of Promissory Note: [Note Date— - Borrower's Name: [Borrower's Name] — Lender's Name: [Lender's Name— - Principal Amount: [Principal Amount] — Interest Rate: [Interest Rate— - Maturity Date: [Maturity Date] — [Add more notes, if applicable] Please find enclosed the original promissory notes and any relevant supporting documentation, duly signed by all parties involved, to indicate the cancellation and satisfaction of the promissory notes. Kindly review the enclosed documents for your verification. If you require any further information or have any concerns regarding this transmission, please do not hesitate to contact me at [Phone Number] or [Email Address]. I would like to express my gratitude for your prompt attention to this matter, and I trust that this notification will aid in closing this loan agreement accurately and efficiently. Thank you for your cooperation. Sincerely, [Your Name] Enclosure: 1. Cancelled and Satisfied Promissory Notes (Original) 2. Relevant Supporting Documentation (if applicable)