DO NOT DESTROY THIS NOTE: When paid, this note with Deed of Trust securing same, ESCROW NO. <> must be surrendered to <> with Request for Reconveyance
INSTALLMENT NOTE (INTEREST INCLUDED) $ <<Loan Amount>>
<<City>>
, <<State>>
.
In installments as herein stated, for value received, <<Borrowers>> promise to pay to <<Lender>> , or order, at place designated by Beneficiary the principal sum with interest of <<Principal Sum>> from <<Int From Date>> on the amounts of principal remaining from time to time unpaid, until said principal sum is paid, at the rate of <<%Rate>> percent per annum. Principal and Interest due in monthly installments of <<Monthly Installment>> , or more, on the same day of each calendar month, beginning on the <<Due Day>> day of <<First Due Month>> and continuing until the <<Due Day>> day of <<Last Due Mo., Year>>, on which day the remaining unpaid balance and interest shall be due and payable.
AT ANY TIME THE PRIVILEGE IS RESERVED TO PAY MORE THAN THE SUM DUE. Each payment shall be credited first, on the interest then due; and the remainder on the principal sum; and interest shall thereupon cease upon the amount so credited on the said principal sum. Should default be made in the payment of any of said installments when due, then the whole sum of principal and interest shall become immediately due and payable at option of the holder of this note. Should suit be commenced to collect this note or any portion thereof, each sum as the Court may deem reasonable shall be added hereto as attorney’s fees. Principal and interest payable in lawful money of the United States of America. This note is secured by a certain DEED OF TRUST, to <<Title Company>> , a California Corporation, as TRUSTEE.
TripleTek Enterprise Settlement System 4677 InstallmentNote.doc
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