Rhode Island Sample Letter transmitting Cancellation and Satisfaction of Promissory Notes

• Category: Promissory Notes - Satisfaction
• State: Multi-State
• Control #: US-0904LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Notes — [Loan Agreement Details] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. This communication serves as an official notice regarding the cancellation and satisfaction of the promissory notes pertaining to the loan agreement entered into between [Lender's Name] and [Borrower's Name] on [Loan Agreement Date]. We are pleased to inform you that all outstanding obligations under the aforementioned promissory notes have been completed, resulting in the full and final payment of the loan as per the agreed terms. Thus, we hereby request the cancellation and satisfaction of the promissory notes associated with this transaction. The promissory notes to be cancelled and satisfied are as follows: 1. [Promissory Note 1 Title/Number] — Date: [Note 1 Date— - Principal Amount: [Note 1 Principal Amount] — Interest Rate: [Note 1 Interest Rate] 2. [Promissory Note 2 Title/Number] — Date: [Note 2 Date— - Principal Amount: [Note 2 Principal Amount] — Interest Rate: [Note 2 Interest Rate] The aforementioned promissory notes were executed with the intention of formalizing the financial agreement between [Lender's Name] and [Borrower's Name]. We appreciate your prompt attention to this matter and kindly request that you take the necessary steps to reflect the cancellation and satisfaction of the promissory notes within your records promptly. Should you require any additional documentation or information for this purpose, please do not hesitate to contact us at [Your Contact Information]. We will readily provide any necessary support to facilitate the completion of this process smoothly. Thank you for your prompt action in recognizing the cancellation and satisfaction of the promissory notes for the described loan agreement. We trust that you will ensure the necessary updates are made in your systems to reflect the discharged obligations. We look forward to receiving written confirmation of the cancellation and satisfaction of the promissory notes as soon as possible. Furthermore, we sincerely appreciate your cooperation in finalizing this matter. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Notes — [Loan Agreement Details] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. This communication serves as an official notice regarding the cancellation and satisfaction of the promissory notes pertaining to the loan agreement entered into between [Lender's Name] and [Borrower's Name] on [Loan Agreement Date]. We are pleased to inform you that all outstanding obligations under the aforementioned promissory notes have been completed, resulting in the full and final payment of the loan as per the agreed terms. Thus, we hereby request the cancellation and satisfaction of the promissory notes associated with this transaction. The promissory notes to be cancelled and satisfied are as follows: 1. [Promissory Note 1 Title/Number] — Date: [Note 1 Date— - Principal Amount: [Note 1 Principal Amount] — Interest Rate: [Note 1 Interest Rate] 2. [Promissory Note 2 Title/Number] — Date: [Note 2 Date— - Principal Amount: [Note 2 Principal Amount] — Interest Rate: [Note 2 Interest Rate] The aforementioned promissory notes were executed with the intention of formalizing the financial agreement between [Lender's Name] and [Borrower's Name]. We appreciate your prompt attention to this matter and kindly request that you take the necessary steps to reflect the cancellation and satisfaction of the promissory notes within your records promptly. Should you require any additional documentation or information for this purpose, please do not hesitate to contact us at [Your Contact Information]. We will readily provide any necessary support to facilitate the completion of this process smoothly. Thank you for your prompt action in recognizing the cancellation and satisfaction of the promissory notes for the described loan agreement. We trust that you will ensure the necessary updates are made in your systems to reflect the discharged obligations. We look forward to receiving written confirmation of the cancellation and satisfaction of the promissory notes as soon as possible. Furthermore, we sincerely appreciate your cooperation in finalizing this matter. Yours sincerely, [Your Name]