Official IOU Layout

Official IOU Layout (I OWE YOU)


Date: September 2, 2050

Parties Involved:

Debtor (Borrower): [YOUR NAME]
Address: 3519 Logan Lane, Denver, CO, 80015

Creditor (Lender): Maria Martinez
Address: 527 Sweetwood Drive, Broomfield CO 80165

Amount Owed:

Total Amount: $1,200.00 (One Thousand Two Hundred Dollars and 00/100)

Repayment Terms:

Initial Payment: $200.00 due on October 1, 2050

Subsequent Payments: $200.00 per month for five months, starting November 1, 2050

Final Payment: $200.00 due on March 1, 2051

Payment Method: Payments to be made via bank transfer to Maria Martinez’s account (Account Number: 987654321, Bank: ABC Bank).

Terms of Agreement:

  • The debt will be considered settled once all payments are completed as per the schedule.

  • If any payment is missed, the debtor agrees to notify the creditor within 5 days and provide a reason for the delay.

Signatures:

[YOUR NAME]

Borrower

Maria Martinez

Lender

Signature of Witness (if applicable):

[Witness Name]

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