$…………………………………………………, 20…… after date I………. promise to pay to the order of……………, dollars with interest at the ……….. ……. rate of percent, per annum, in equal installments as follows: …. ……….. On 20….., Dollars ……………………, …………………………………. On 20….., Dollars ……………………, …………………………………. On 20….., Dollars ……………………, …………………………………. It is hereby expressly agreed that upon default in payment of any one of said installments, which default shall extend over a period of more than days, then all subsequent installments on this …..(…) note, with interest, shall at once become due and payable at the option of the legal holder thereof without demand or notice, demand and notice being here expressly waived. The makers, endorsers, and all guarantors of this note severally waive demand, protest and presentation for payment and notice of nonpayment and protest, and also waive any and all defenses on the ground of any extensions or partial payment which may be granted or accepted by the holder before or after the maturity of this note or any part thereof. We also agree that if proceedings are commenced to collect this note by process of law percent … shall be allowed and included in the judgement thereon as attorney’s fees. Value received ………………………………….. (Signature.) Signed, sealed and delivered in the presence of ……………………………………………………..
$…………………………………………………, 20…… ……….. after date I………. promise to pay to the order of……………, ……. dollars with interest at the rate of …. percent, per annum, in ……….. equal installments as follows: On ……………………, 20….., …………………………………. Dollars On ……………………, 20….., …………………………………. Dollars On ……………………, 20….., …………………………………. Dollars It is hereby expressly agreed that upon default in payment of any one of said installments, which default shall extend over a period of more than …..(…) days, then all subsequent installments on this note, with interest, shall at once become due and payable at the option of the legal holder thereof without demand or notice, demand and notice being here expressly waived. The makers, endorsers, and all guarantors of this note severally waive demand, protest and presentation for payment and notice of nonpayment and protest, and also waive any and all defenses on the ground of any extensions or partial payment which may be granted or accepted by the holder before or after the maturity of this note or any part thereof. We also agree that if proceedings are commenced to collect this note by process of law … percent shall be allowed and included in the judgement thereon as attorney’s fees. Value received ………………………………….. (Signature.) Signed, sealed and delivered in the presence of ……………………………………………………..
installment-note.docx