In consideration of full payment of the debt shown by the promissory note dated , which set out the terms for repayment of a loan in the original principal amount of $ (the "Note"), weI, the undersigned noteholders, of , , , , release and discharge , of , , , , from any claims or obligations arising out of the Note. This release relates only to the indebtedness evidenced by the Note and not to any other loan. 



Date:__________________________________


By:______________________________________________________________
Name:
Title:
ACKNOWLEDGMENT
OF NOTARY PUBLIC
State of)
) ss
County of)

On this _____ day of ____________, 20___, before me, the undersigned notary public, personally appeared _________________, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the state of _________________ that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.

Signature _______________________________ (notary public)

FREE
ATTORNEY-DRAFTED

Free Release of Promissory Note Template

Acknowledge the loan repayment closure with a release of a promissory note. Conclude your agreement amicably, providing clarity and closure for all parties involved.

Complete your document with ease

    Fill and download for free
    Answer guided questions to create and download your document quickly
    Customize
    Personalize your document to meet your needs with a rich editor (additional fee)
    Sign electronically
    Self-sign or request signatures online securely in just a few clicks (additional fee)

What's a release of promissory note?

You or your business loaned someone money and used a promissory note to make it official. Now that your borrower has finished paying you back, use a release of promissory note form to end your agreement officially. It's an amicable way to mark it done and helps tie up loose ends.

Here's the information you'll need to have handy to complete your release of promissory note:
- Who the lender is : Know if a business or individual signed the promissory note and made the loan, and have their name and contact information ready.
- Who the borrower is : Know if the borrower is a business or individual and have their name and contact information ready.
- When the note was signed : Know the month, day, and year when the original promissory note was signed.