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Minnesota Unsecured Promissory Note Template

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Minnesota Unsecured Promissory Note Template

Updated April 11, 2022

A Minnesota unsecured promissory note organizes and solidifies the important aspects of a loan agreement between two parties. The document covers payment types, late fees, both parties’ personal info, acceleration time spans, and many other important terms and conditions. It should be noted that this template does not include a section on security, meaning the lender is not covered financially if the borrower were to default on the loaned balance.