The lender should have the notes. I am not in breach regarding repayment, The balance is unclear, but I can figure it out. I have been paying 136.06 every month
Full Names _______________________________________________
Address__________________________________________________ (Hereinafter referred to as the Borrower/s)
Address__________________________________________________ (Hereinafter referred to as the Lender)
The Lender hereby acknowledges receipt of the full payment of the Promissory Note dated ______________________20____ in the principal loan amount of __________________ Dollars ($_________) as well as receipt of full payment of any interest accrued.
The Lender therefore releases the Borrower(s) from all obligations under this Note and this release shall be binding upon the Lender’s successors, legal representatives and assigns.
The Lender warrants that the Note referenced has not been assigned, ceded, transferred or sold to a third party and warrants his/her authority as Noteholder to issue this Promissory Note Release.
Signed on this _______day of _____________________20______.
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