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DOWNLOAD this Maine Promissory Note Form representing an agreement between two parties for the loaning and the repaying of money over a period of time agreed upon by the parties.  A party agrees to borrow at a specified rate of interest an amount of money from a lender to be paid back either in regular installments during the term or as a lump sum at  the end of the term.  The parties can also decide whether the loan will be secured by collateral or not.


The legal interest rate in Maine is 6% per annum unless otherwise agreed to in writing.  Me. Rev. Stat. tit. 9-B, § 432