DEMAND PROMISSORY NOTE
FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the
order of _________________________, the sum of _________________Dollars ($ ),
together with interest of _______% per annum on the inpaid balance. The entire
principal and any accrued interest shall be fully and immediately payable UPON
DEMAND of any holder thereof.
Upon default in making payment within_____ days of demand, and providing this note is
turned over for collection, the undersigned agree to pay all reasonable legal fees and costs
of collection to the extent permitted by law. This note shall take effect as a sealed
instrument and be enforced in accordance with the laws of the payee's state. All parties
to this note waive presentment, notice of non-payment, protest and notice of protest, and
agree to remain fully bound notwithstanding the release of any party, extension or
modification of terms, or discharge of any collateral for this note.
In the presence of: