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Notice From Holder Of Instrument



NOTICE FROM HOLDER OF INSTRUMENT
REFUSAL TO RECOGNIZE RESCISSION

To: [indorsee attempting to rescind negotiation]
[address of indorsee]

The undersigned, [holder of instrument], of [address of holder of instrument], [city of holder of instrument], [state of holder of instrument], refuses to recognize your right to rescind negotiation of the instrument that you described in your notice of [date]. The undersigned holds this instrument as a holder in due course because [state facts designating holder as holder in due course, such as: the undersigned purchased the instrument for value, in good faith, and without any notice that any indorsee was induced by fraudulent means to negotiate the instrument].

Dated:



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