Maricopa Arizona Sample Letter transmitting Cancellation and Satisfaction of Promissory Notes

• Category: Promissory Notes - Satisfaction
• State: Multi-State
• County: Maricopa
• 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 Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally transmit the Cancellation and Satisfaction of Promissory Notes for your review and records. As per our previous agreement, the [type of promissory notes, if applicable] dated [date] between [Lender's Name] and [Borrower's Name] have been fully paid and satisfied. The recorded amounts were [specific amounts per promissory note], with a total principal of [total principal amount] and an interest rate of [interest rate, if applicable]. We are pleased to confirm that all outstanding amounts, including any accrued interest, have been paid in full. Please find enclosed copies of the Cancellation and Satisfaction of Promissory Notes, duly signed and notarized. These documents officially release and absolve [Borrower's Name] from any further obligations arising from the aforementioned promissory notes. Additionally, any liens, encumbrances, or claims against the collateral, if applicable, shall be fully released. It is imperative that you promptly update your records to reflect the cancellation and satisfaction of these promissory notes. Kindly confirm receipt of this letter and associated documents within [appropriate timeframe, e.g., 10 days] to ensure accurate documentation. In case you have any questions or require further clarification, please do not hesitate to reach out to me at [your contact number] or via email at [your email address]. I remain at your disposal to assist with any inquiries or concerns you may have. Thank you for your attention to this matter, and we appreciate your cooperation in finalizing the cancellation and satisfaction of these promissory notes. Yours sincerely, [Your Name] [Your Title, if applicable] [Your Company Name, if applicable] [Your Contact Information]

[Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation and Satisfaction of Promissory Notes Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally transmit the Cancellation and Satisfaction of Promissory Notes for your review and records. As per our previous agreement, the [type of promissory notes, if applicable] dated [date] between [Lender's Name] and [Borrower's Name] have been fully paid and satisfied. The recorded amounts were [specific amounts per promissory note], with a total principal of [total principal amount] and an interest rate of [interest rate, if applicable]. We are pleased to confirm that all outstanding amounts, including any accrued interest, have been paid in full. Please find enclosed copies of the Cancellation and Satisfaction of Promissory Notes, duly signed and notarized. These documents officially release and absolve [Borrower's Name] from any further obligations arising from the aforementioned promissory notes. Additionally, any liens, encumbrances, or claims against the collateral, if applicable, shall be fully released. It is imperative that you promptly update your records to reflect the cancellation and satisfaction of these promissory notes. Kindly confirm receipt of this letter and associated documents within [appropriate timeframe, e.g., 10 days] to ensure accurate documentation. In case you have any questions or require further clarification, please do not hesitate to reach out to me at [your contact number] or via email at [your email address]. I remain at your disposal to assist with any inquiries or concerns you may have. Thank you for your attention to this matter, and we appreciate your cooperation in finalizing the cancellation and satisfaction of these promissory notes. Yours sincerely, [Your Name] [Your Title, if applicable] [Your Company Name, if applicable] [Your Contact Information]