IOU

PRINCIPAL AMOUNT: $ ____________________ 

DUE DATE: ___________,_____ of 20___. 

On this _______ day of _______________ (Month), 20___, 
I, __________________________________ (Borrower’s name) promise to pay to the order of ____________________________________ (Payee’s name) resident of Street ____________________________________ City: _____________________________, State: _____ Zip :________
OR its HOLDER to the amount of: ______________________________________ DOLLARS $________________
Interest at the yearly rate of _____% will be added to the unpaid balance. A late charge of $_____________ Dollars will be added to the principal if payment is not made within _____ days of the due date.
Witness name and address: __________________________________________________.
___________________________________
Witness signature
Borrower’s name: ________________________________________ 
Address: _______________________________________________ 
City: ________________________, State: _____ Zip:__________ 

__________________________________     Date: ____ / ____ / ____
(Borrower’s Signature)