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Demand Promissory Note

This is a demand of a promissory note. The form provided here is simply a sample of what the actual form looks like.

DEMAND PROMISSORY NOTE

______________________________ dollars ($_________________)

Date:__________________

FOR VALUE RECEIVED, the undersigned jointly and severally promise

to pay to the order of _________________________,

the sum of _____________________ Dollars ($__________),

together with interest of ____________% per annum on the unpaid balance.

The entire principal and any accrued interest shall be fully and immediately payable UPON DEMAND of any holder thereof.

Upon default in making payment within ________ days of demand, and providing this note is turned over for collection, the undersigned agree to pay all reasonable legal fees and costs of collection to the extent permitted by law. This note shall take effect as a sealed instrument and be enforced in accordance with the laws of the payee's state. All parties to this note waive presentment, notice of non-payment, protest and notice of protest, and agree to remain fully bound notwithstanding the release of any party, extension or modification of terms, or discharge of any collateral for this note.


In the presence of:

______________________________
Witness

______________________________
Debtor

______________________________
Debtor

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