[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Receiver's Name] [Receiver's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Notes — [Specific Note Details] Dear [Receiver's Name], I hope this letter finds you in good health and high spirits. I am writing to officially transmit the Cancellation and Satisfaction of Promissory Notes related to our financial agreement. I, [Your Full Name], the undersigned, hereby declare that the outstanding balance of the Promissory Note(s) mentioned below has been fully paid, and as a result, this letter serves as the official notification of cancellation and satisfaction of the aforementioned Promissory Note(s): 1. Promissory Note Details: — Promissory Note Number: [Note Number— - Principal Amount: [Amount] — Borrower: [Your Name— - Lender: [Lender's Name] — Date of Agreement: [Agreement Date— - Maturity Date: [Maturity Date] — Interest Rate: [Rate] Please note that these Promissory Notes are canceled and considered fully satisfied as of [Date]. The outstanding balance, if any, is now released, and I shall have no further obligations or liabilities towards these notes. I kindly request you to take the necessary actions to update your records and notify any other relevant parties associated with this loan agreement regarding the fulfillment and cancellation of these Promissory Notes. In case you require any further documents or information to complete this process, please do not hesitate to reach out to me at [Your Phone Number] or [Your Email Address]. I will be more than willing to assist you promptly. Thank you for your attention and cooperation in this matter. I look forward to receiving a written confirmation of the cancellation and satisfaction of the Promissory Notes at your earliest convenience. Yours sincerely, [Your Full Name]
South Dakota Sample Letter transmitting Cancellation and Satisfaction of Promissory Notes
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