Fulton Georgia Sample Letter for Revised Promissory Note

• Category: Promissory Notes - Revisions
• State: Multi-State
• County: Fulton
• Control #: US-0427LTR
• 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] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Promissory Note — [Loan Agreement Details] Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with a revised promissory note, which reflects the modifications we have agreed upon regarding the [Loan Agreement Details] between us. This revised promissory note replaces the original dated [Original Document Date]. Please find attached the revised promissory note for your reference and records. The updated terms and conditions are outlined as follows: 1. Loan Amount: [Specify the loan amount or range] 2. Interest Rate: [State the revised interest rate or range] 3. Repayment Terms: [Detail the revised repayment schedule, including frequency and duration of payments] 4. Late Payment Penalty: [Specify any penalties or fees imposed for late payments] 5. Default Clause: [Outline the consequences of defaulting on the loan, including any legal actions that may be taken] [Optional: Include additional clauses or provisions as necessary for your particular agreement.] It is crucial that both parties carefully review the contents of this revised promissory note, ensuring complete understanding and agreement between us. If you have any questions or concerns regarding the changes made, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address], so that we may address them promptly. Please note that this revised promissory note is to be considered legally binding upon both parties, superseding any previous agreements or understandings. To acknowledge your acceptance of these revised terms, kindly sign and date the enclosed copy of this promissory note and return it to me at your earliest convenience. Should any future changes be necessary, we will engage in mutual discussion and agreement, and amendments will be made in writing to ensure clarity and avoid any potential misunderstandings. Thank you for your cooperation and prompt attention to this matter. I value our relationship and look forward to a successful loan agreement that benefits both parties involved. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Promissory Note — [Loan Agreement Details] Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with a revised promissory note, which reflects the modifications we have agreed upon regarding the [Loan Agreement Details] between us. This revised promissory note replaces the original dated [Original Document Date]. Please find attached the revised promissory note for your reference and records. The updated terms and conditions are outlined as follows: 1. Loan Amount: [Specify the loan amount or range] 2. Interest Rate: [State the revised interest rate or range] 3. Repayment Terms: [Detail the revised repayment schedule, including frequency and duration of payments] 4. Late Payment Penalty: [Specify any penalties or fees imposed for late payments] 5. Default Clause: [Outline the consequences of defaulting on the loan, including any legal actions that may be taken] [Optional: Include additional clauses or provisions as necessary for your particular agreement.] It is crucial that both parties carefully review the contents of this revised promissory note, ensuring complete understanding and agreement between us. If you have any questions or concerns regarding the changes made, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address], so that we may address them promptly. Please note that this revised promissory note is to be considered legally binding upon both parties, superseding any previous agreements or understandings. To acknowledge your acceptance of these revised terms, kindly sign and date the enclosed copy of this promissory note and return it to me at your earliest convenience. Should any future changes be necessary, we will engage in mutual discussion and agreement, and amendments will be made in writing to ensure clarity and avoid any potential misunderstandings. Thank you for your cooperation and prompt attention to this matter. I value our relationship and look forward to a successful loan agreement that benefits both parties involved. Yours sincerely, [Your Name]