Nebraska Promissory Note Template

A Nebraska promissory note is used to record the terms of money lent from a lender to a borrower. The note details the amount borrowed, the manner of repayment, and the repayment due date. The document provides several ways to financially protect the lender: the borrower may name a co-signer to accept responsibility if they default, or they may secure the loan by putting up collateral (often this lowers the interest rate). The lender may also establish late fees for late repayment, in addition to the interest accrued on the outstanding balance.

If the lender is not fully recompensated by the set deadline, they may file a lawsuit against the borrower and present the promissory note as legal evidence.

Last updated May 25th, 2025

Types (2)

Secured Promissory Note – Allows a borrower to use their property as collateral to ensure the lender’s repayment.

Download: PDF, Word (.docx), OpenDocument

Unsecured Promissory Note – The borrower is not required to provide any collateral in this agreement.

Download: PDF, Word (.docx), OpenDocument

Laws

Interest & Usury Laws: Chapter 45
Usury Rate in General (§ 45-101.03): 16%, except for loans indicated in § 45.101.04
Usury Rate with a Contract (§ 45-104): 12%, unless otherwise specified.
Usury Rate without a Contract (§ 45-102): 6%
Usury Rate for Judgements (§ 45-103): 2% above the bond investment yield of the average accepted auction price for the first auction of each annual quarter of the twenty-six (26) week United States Treasury bills, unless the judgment is for action with an interest rate specified by the law or in a contract agreed to by the parties involved in the action.
Usury Rate for Delinquent Tax Payments (§ 45-104.01): 14%

Nebraska Promissory Note Template

Nebraska Promissory Note Template

Types (2)

Laws

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