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INSTALLMENT NOTE

$________(1)_________ Date: ______(2)_______

I promise to pay the sum of ______(3)________ ($____________) to the order of ________(4)_________ at ________(5)______________ in the following manner:

The sum of $______(6)_____ on the _(7)_ day of ____(8)______, 19_(9)_; and the sum of $_____(10)_____ on the __(11)__ of each month thereafter until the entire amount is repaid, said sum including interest at the rate of _(12)_ % per annum.

The maker and endorser of this note further agree to waive demand, notice of non-payment and protest, and in case suit shall be brought for the collection hereof, or the same has to be collected upon demand of an attorney, to pay reasonable attorney's fees for making such collection.

_____________(13)________________

 

NOTICE

The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. Due to the variances by many local, city, county and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.