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LSDefine

Simple English definitions for legal terms

serial note

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A quick definition of serial note:

A serial note is a written promise to pay money to someone else. It's like a loan that you have to pay back in installments, which means you pay a little bit at a time instead of all at once. It's important to make sure you can afford to pay back the money before you sign a serial note.

A more thorough explanation:

A serial note is a type of installment note, which is a written promise by one party to pay money to another party or to bearer in regular intervals. The periodic payments usually cover only interest, while the final payment represents the entire principal. Serial notes are commonly used for loans, mortgages, and other financial transactions.

For example, a person may take out a serial note to purchase a car. They would make regular payments to the lender, with the final payment covering the full cost of the car. Another example is a mortgage, where the borrower makes regular payments to the lender, with the final payment covering the entire loan amount.

Serial notes are different from other types of notes, such as demand notes, which are payable whenever the creditor wants to be paid, or time notes, which are payable only at a specified time and not on demand.

serial murder | serial number

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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