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FORM104.DOC
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1987-10-23
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59 lines
PROMISSORY NOTE - DEMAND
Joint and Several Liability
FOR VALUE RECEIVED, I, We __________________, the
undersigned Borrower, jointly and severally promise to pay to
_______________________ Lender or order the sum of ______________
($____________) Dollars, together with interest thereon at
the rate of ________ percent (____%) per annum. The entire
unpaid principal and accrued interest thereon, if any, shall
become immediately due and payable on demand by the holder
hereof.
This Note may be prepaid in whole or in part at any time
without premium or penalty. All prepayments shall be applied
first to interest, then to principal payments in the order of
their maturity.
The undersigned agrees to pay all costs and expenses,
including all reasonable attorneys' fees, for the collection of
this Note upon default. All payments shall be made at _________
_______________________, or at such other place as the holder
hereof may from time to time designate in writing.
______________________________ _______________________________
Witness Borrower
_______________________________
Dated: Borrower
Form 104