FOR VALUE RECEIVED, the undersigned promise to pay to the order of
_______________________the sum of ____________________________Dollars ($ ),
with annual interest of_________% on any unpaid balance.
This note shall be paid in ________consecutive and equal installments of $______ each
with a first payment one _____from the date hereof, and the same amount on the same
day of each_______ thereafter, provided the entire principal balance and any accrued but
uupaid interest shall be fully paid on or before________________, 19__. This note may
be prepaid without penalty. All payments shall be first applied to interest and the
balance to principal.
This note shall be due and payalbe upon demand of any holder hereof should the
undersigned default in any payment beyond _____ days of its due date. All parties to this
note waive presentment, demand and protest, and all notices thereto. In the event of
default, the undersigned agree to pay all costs of collection and reasonable attorney's fees.
The undersigned shall be jointly and severally liable under this note.
Signed this _____day of __________, 20____.
Signed in the presence of: