PROMISSORY NOTE (LUMP SUM REPAYMENT)
  
  
$ *

Dated: *

For value received, * , the Borrower, whose address is * , promises to pay * , Noteholder, whose
address is * , the principal amount of $ * , with interest at the annual rate of  *  percent on any
unpaid balance.

Payment on this note is due and payable to the Noteholder in full on or before * , 20 * .

This note may be prepaid in whole or in part at any time without penalty. If the Borrower is in
default more than * days with payment, this note is payable upon demand of any Noteholder.
This note is not assumable without the written consent of the Noteholder. The Borrower waives
demand, presentment for payment, protest, and notice. In the event of any default, Borrower will
be responsible for any costs of collection on this note, including court costs and attorney fees. 


*
Signature of Borrower
*
Printed Name of Borrower