"Promissory Note" - New Jersey

Promissory Note is a legal document that was released by the New Jersey Department of Agriculture - a government authority operating within New Jersey.

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PROMISSORY NOTE
Check One:
_____ Had Previous Loan
_____
First Loan
________________________________
____________________
County
Date of Purchase
For Value Received, I, we, and either of us, promise to pay to the order of the NEW JERSEY JUNIOR BREEDER’S FUND, Inc. at the
NEW JERSEY DEPARTMENT OF AGRICULTURE in Trenton, New Jersey, the sum of
__________________________________________________________ Dollars on or before the date indicated, plus interest on
the unpaid balance at the rate of five per cent (5%) per annum until paid. Additionally, if loan is not paid by due date, the loan
may be extended for an additional five per cent (5%) of the original loan amount each month for a total of ninety (90) days.
However, this will render the recipient ineligible for the scholarship.
__________________________________________
_____________________
Borrower’s Signature
Date
___________________________________________
_____________________
Parent/Guardian Signature
Date
___________________________________________
_____________________
Parent/Guardian Signature
Date
****Both Parents/Guardians MUST sign****
PROMISSORY NOTE
Check One:
_____ Had Previous Loan
_____
First Loan
________________________________
____________________
County
Date of Purchase
For Value Received, I, we, and either of us, promise to pay to the order of the NEW JERSEY JUNIOR BREEDER’S FUND, Inc. at the
NEW JERSEY DEPARTMENT OF AGRICULTURE in Trenton, New Jersey, the sum of
__________________________________________________________ Dollars on or before the date indicated, plus interest on
the unpaid balance at the rate of five per cent (5%) per annum until paid. Additionally, if loan is not paid by due date, the loan
may be extended for an additional five per cent (5%) of the original loan amount each month for a total of ninety (90) days.
However, this will render the recipient ineligible for the scholarship.
__________________________________________
_____________________
Borrower’s Signature
Date
___________________________________________
_____________________
Parent/Guardian Signature
Date
___________________________________________
_____________________
Parent/Guardian Signature
Date
****Both Parents/Guardians MUST sign****