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foreclosure of the maker's interest. For loans between individuals, writing and signing a promissory note is often considered a good idea 125 equity home loan up tax and recordkeeping reasons. A promissory note differs from an IOU in that the latter is a simple acknowledgement of the existence of a debt owed, whereas a promissory note, as its 125 equity home loan up implies, contains an affirmative undertaking to pay the amount stated. In the United States, a promissory note that meets
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125 equity home loan up

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