$___________ _______ 1, 20__
For value received, ____________ (maker), promises to pay to ____________ and
_________ (holders), the principal sum of ____________ Thousand Dollars ($__________), along
with interest at the rate of ___ Percent (__%) per annum on the unpaid principal balance until this
promissory note is fully paid.
This note shall be paid in strict accordance with the following terms:
1. Monthly payments of principal and interest in the sum of $________ each
shall be paid on the first day of each month, commencing ________ 1, 20__.
2. The entire unpaid principal balance, along