Don't understand how to fill out this Promissory note?

Also is this what you're suppose to use in the birdogging business? or do you have to use a different kind of agreement document?

Promissory Note
(For Delinquent Renters. Require renter to fill out this form at your office. This is legally binding must be paid as agreed
or legal action can and should be taken.)
FOR VALUE RECEIVED, _____________________________________________________________________of
ADDRESS________________________________________CITY___________________STATE_____ ZIP______
Promise (s) to pay to the order of___________________________________________________________________
The principal sum of ________________________________________and/100 DOLLARS ( $ _______), in legal tender
of the United States, with interest form the date hereof at the rate of ________% per year or any part thereof. Should
this not be paid in full within thirty days from the date hereof or ant any time during a thirty day period, interest shall be
charged at a daily rate of $______ per day.
Principal and interest shall be payable at the offices of:
________________________________________
________________________________________
________________________________________
________________________________________
Or at such other place as the holder hereof may designate in writing.
Should any installment not be paid when due, or should the Maker or Makers hereof fail to comply with any of the terms
of this agreement, or if Holder deems itself insecure or if Maker defaults under these terms, the entire unpaid principal
sum evidenced by this Note, with all agreed interest, shall, at the option of the Holder, and without notice to the
undersigned, become due and may be collected forthwith, time being of the essence of this Agreement. It is further
agreed that failure of the Holder to exercise this right of accelerating the maturity of the debt, or indulgence granted from
time to time, shall in no event be considered as a waiver of such right of acceleration or estop the Holder form exercising
such right.
Installments, or payment ( if single payment Note), not paid within 5 days of due date shall incur a late fee of 15% of the
installment or payment, but not less than $ 10.00. The Holder shall be entitled to all costs of collection should this Note,
or any part of the indebtedness evidenced hereby, be accelerated and not paid. Should this note be collected at law or
by an attorney at law, and Attorney/Collection fee of 15% of the balance due, but not less than $ 100.00, plus any costs
and administration fees, shall be added.
And each of the undersigned, whether principal, surety, guarantor, endorser, or other party, severally waives and
renounces demand, protest, notice of demand, protest and non-payment.
IN WITNESS WHEREOF, the parties hereto have caused these presents to be signed in person this______day of
__________20____
_______________________________________
Witness
_______________________________________
Buyer
_______________________________________
Notary Public
_______________________________________
Seller