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Payment Note To Fill Out

This document is a promissory note free of protest in which the debtor acknowledges a debt and promises to pay a sum of money to the creditor within a period of months. The debtor will pay late interest if payments are delayed. The principal will be paid in monthly installments, and the document includes special clauses regarding the application of the laws of Guatemala and submission to Guatemalan courts.
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0% found this document useful (0 votes)
17 views3 pages

Payment Note To Fill Out

This document is a promissory note free of protest in which the debtor acknowledges a debt and promises to pay a sum of money to the creditor within a period of months. The debtor will pay late interest if payments are delayed. The principal will be paid in monthly installments, and the document includes special clauses regarding the application of the laws of Guatemala and submission to Guatemalan courts.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PROTEST-FREE PROMISSORY NOTE

(__________________)

RECOGNITION OF DEBT WITH UNCONDITIONAL PROMISE OF PAYMENT: Yo,


____________________________________________________________________________, of
___________________________ years old, ________________, _________________,
_________________, from this address, I identify myself with the Personal Identification Document
-DPI- with Code Unique of Identification –CUI- number
______________________________________________________________________________,
(_____________________) extended by the National Registry of Persons -RENAP- (in
forward THE DEBTOR); by this act I DECLARE THAT I OWE AND I PROMISE
UNCONDITIONALLY PAY THE ORDER
A DE
____________________________________________(hereinafter THE CREDITOR) the sum of

(____________________)

DEADLINE: The deadline for the total payment of the amount owed is ________________________
months. Starting the __________________________ of ____________________ of the year two thousand
nineteen.

EXPIRATION DATE: The term of this credit title will expire on the day
__________________________ from _________________ of the year ________________.

INTERESTS: If THE DEBTOR falls behind on a payment, a rate of TWO will be charged.
TWO PERCENT (2%) monthly interest on the total amount that should have been paid on the
referring to the current month, calculated from the beginning of the previous month until the date on the
that the total payment of the referred sum be made effective. The interest must be paid along with
the amount due and not in the following month.

PLACE OF PAYMENT: The payment of the nominal value of this promissory note, the interest on the balance, its

respective default interest if they exist will be carried out in the agreed manner, in

METHOD OF PAYMENT OF CAPITAL: It will be paid as follows:


MORE THE INTERESTS ON BALANCE CORRESPONDING TO THE CURRENT MONTH. Each one
of the ______________ installments must be paid on the (___________) of each month without the need
of collection. Starting on the day _______________ (_______) of each month, it will begin to
load default interest.

The above does not prevent the fact that if THE DEBTOR wishes to make partial payments on the
The agreed amount here will have the obligation to record these partial payments in this promissory note.
IN ANY CASE, IT IS UNDERSTOOD THAT THIS TITLE SHALL ONLY BE
RETURN TO THE DEBTOR, when they have made the referred TOTAL payment of the PROMISE.
UNCONDITIONAL PAYMENT contained in this promissory note, as well as its respective interests and
any associated cost; since no partial payment requires the return of the referred title of
credit.

SPECIAL CLAUSES TO WHICH THIS PROMISSORY NOTE IS SUBJECT:

1.) The exercise of rights and the fulfillment of obligations arising from this
The promissory note shall be governed by the laws of the Republic of Guatemala; 2.) That the present
credit can be assigned, alienated, encumbered or traded in whole or in part, without prior or
subsequent notification to THE DEBTOR 3.) THE DEBTOR waives the jurisdiction of their domicile and is
expressly submits to the courts of the city of Guatemala, Department of
Guatemala; 4.) THE DEBTOR indicates as the legal place for the purposes of notifications and
citations that must be made to him/her, ____________________________________________________
, committing to notify by
written and with seal and signature of receipt of any change in it, with the understanding that if
If it is not done, those that are made there will be considered well done; 4.) That the lack of timely payment
of a single default on any payment installment of principal, interest, or late interest, in the
date and place indicated, will grant THE CREDITOR the right to demand judicially the full value of the
main obligation owed until the total cancellation of the obligation, according to the accounts that
the CREDITOR presents, which the DEBTOR accepts from now on as good and accurate and
considering it as an effective and sufficient executive title; 5.) That all notarial expenses,
judicial and extrajudicial matters arising from this contract until its effective cancellation, are
at the sole account and responsibility of THE DEBTOR.

PLACE AND DATE OF CREATION OF THE TITLE: In the city of Guatemala,


of _____________________ del year
MINUTES OF SIGNATURE LEGALIZATION:
In the city of Guatemala, today _______________________ of ___________________ of the year
_________________________________, as Notary I ATTEST: a) that the signature that
precedes is AUTHENTIC, for having been presented today in my presence by Mr.
__ who himself
identify with the Personal Identification Document - DPI - with Unique Identification Code -
CUI- number ____________________________________________________________________
) That the aforementioned firm holds a credit title consisting of
a Promissory Note dated June twenty-fourth, two thousand nineteen; and c) That the signer reaffirms
sign below this legalization act, along with the undersigned Notary who certifies everything
related TO DAY FA.

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