Nebraska Promissory Note Templates

A Nebraska promissory note is a legal tool to aid lenders in receiving timely repayments from borrowers in a financial lending transaction. These templates encompass various aspects, including both parties’ personal information and the specifics of the agreement. Be sure to review the details of each to choose the one that best fits your lending scenario.

By Type

Secured

Enables the lender to retain possession of a valuable asset in the event the borrower fails to repay the loan.

PDF Word

Unsecured

Typically available to family, friends, or individuals with a strong credit history, this option does not necessitate offering valuable assets as collateral.

PDF Word

Usury Laws and Interest Rates

The promissory note must adhere to Nebraska’s usury laws as outlined in Nebraska Revised Statutes Chapter 45:

• With a Contract (§ 45-101.03): 16% per annum
• Without a Contract (§ 45-102): Legal interest rate of 6%.
• For judgments (§ 45-103): 1% above bond equivalent yield; rate of contract; or specifically provided by law.
• For Delinquent Tax Payments Owed To The State (§ 45-104.01): 14%  per annum.

Download: PDF or MS Word.