$ ______

FOR VALUE RECEIVED, ________, the MAKER, promises to pay to the order of ____________, the HOLDER, the sum of $______ (_______ ____________________ &___/100 dollars) payable at ________, ___________ with interest at the rate of __ percent per annum.
This note is No. __ in a certain series of __ notes.

Should there be a default in the payment of any of the notes, then, at the option of the holder hereof, the remaining notes within the series shall immediately become due and payable.

Upon default, the MAKER shall pay all reasonable costs of collection including attorney’s fees.

________________________________________
MAKER

Promissory Note-In Series
Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  This is straightforward approach to notes.

1.  Make multiple copies.  Put a copy in each related file.

WHEREAS, ____________, is the owner and holder of the following described promissory note:
Maker(s): __________________________
Face amount: $_______(______________&___/100 dollars)
Interest rate: _____
Present balance due: $______(______________&___/100 dollars)
Pay to the order of _________________________.
(Attach or type on note)

This assignment is without recourse to the assignor.
Dated: _____________________

________________________________________________
Maker

Promissory Note Assignment
Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  This is a straightforward assignment of rights, in this case related to a promissory note.

1.  Make multiple copies.  Give one to each related party.

__________________, 20_____          _____________, ____________
$_______. ____

_______________________, referred to herein as “MAKER”, agrees to pay to the Order of _______________________, referred to herein as “HOLDER”, or order, the sum of $____, (______________________________&___/100 Dollars), at __________________, _______________, _____________, with interest thereon at rate of ___% per annum, simple interest.

Said note shall be in due, unless earlier accelerated, in ______ installments, payable every _______, in the amount of $_____. 00   (____________________&__/100 Dollars). All payments received shall be credited first to interest and then to principal. Should MAKER fail to pay any installment when due, then HOLDER shall have the option to accelerate the payment of the full principal sum and accrued interest payable. HOLDER shall have the right for commercially reasonable causes, including but not limited to, the institution of litigation, the filing of tax liens, or any other objective sign of incapacity of the MAKER to pay the principal or interest due, to accelerate the payment of the full principal sum and accrued interest payable.

This note is payable in U.S. Dollars. At any time the maximum rate of interest applicable to this transaction shall not exceed the legal maximum rate of interest for a note of this type. Any sums paid in excess of any lawful limitation shall be applied to principal.

After default herein, this note will bear interest at the highest legal rate for this type of note until paid in full. Upon any default, MAKER agrees to pay a reasonable attorney’s fee for any and all services of an attorney, whether in or out of court, and for appeal and post-judgment collection legal services.
Dated:

____________________________________________
MAKER

PERSONAL GUARANTEE

The undersigned, in consideration of the extension of credit by HOLDER to MAKER, unconditionally personally guarantee the full and prompt payment of principal, interest, and any collection costs, including attorney’s fees to HOLDER. The undersigned consent to any extensions which may be made from time to time between MAKER and HOLDER, and consents to the release or substitution of any collateral.

***************************************************************
READ CAREFULLY: You are executing a legally binding obligation to pay this debt should the primary maker fail or refuse to do so.  This may mean that you might be called on to pay this debt and collection costs.
***************************************************************

__________________________________________
GUARANTOR

__________________________________________
GUARANTOR

Promissory Note
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a straightforward promissory note.  Be guided accordingly.

1.  Make multiple copies.  Give one to each related party.

__________________, 20_____          _____________, ____________
$_______. ____

_______________________, referred to herein as “MAKER”, agrees to pay to the Order of _______________________, referred to herein as “HOLDER”, or order, the sum of $____, (______________________________&___/100 Dollars), at __________________, _______________, _____________, with interest thereon at rate of ___% per annum, simple interest.

Said note shall be in due, unless earlier accelerated, in ______ installments, payable every _______, in the amount of $_____. 00   (____________________&__/100 Dollars). All payments received shall be credited first to interest and then to principal. Should MAKER fail to pay any installment when due, then HOLDER shall have the option to accelerate the payment of the full principal sum and accrued interest payable. HOLDER shall have the right for commercially reasonable causes, including but not limited to, the institution of litigation, the filing of tax liens, or any other objective sign of incapacity of the MAKER to pay the principal or interest due, to accelerate the payment of the full principal sum and accrued interest payable.

This note is payable in U.S. Dollars. At any time the maximum rate of interest applicable to this transaction shall not exceed the legal maximum rate of interest for a note of this type. Any sums paid in excess of any lawful limitation shall be applied to principal.

After default herein, this note will bear interest at the highest legal rate for this type of note until paid in full. Upon any default, MAKER agrees to pay a reasonable attorney’s fee for any and all services of an attorney, whether in or out of court, and for appeal and post-judgment collection legal services.
Dated:

____________________________________________
MAKER

PERSONAL GUARANTEE

The undersigned, in consideration of the extension of credit by HOLDER to MAKER, unconditionally personally guarantee the full and prompt payment of principal, interest, and any collection costs, including attorney’s fees to HOLDER. The undersigned consent to any extensions which may be made from time to time between MAKER and HOLDER, and consents to the release or substitution of any collateral.

***************************************************************
READ CAREFULLY: You are executing a legally binding obligation to pay this debt should the primary maker fail or refuse to do so.  This may mean that you might be called on to pay this debt and collection costs.
***************************************************************

__________________________________________
GUARANTOR

__________________________________________
GUARANTOR

Promissory Note
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a straightforward promissory note.  Be guided accordingly.

1.  Make multiple copies.  Give one to each related party.