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Promissory Note - Series
PROMISSORY NOTE - SERIES
FOR VALUE RECEIVED, I, We [Name of the Borrower] "Borrower" promise to pay to the order of [Name of the Lender] "Lender" the sum of $ [Amount of the Note]. Interest shall be calculated at [Interest on the note] % percent per year.
This note is [Number of the note] in a series of [Total amount of notes] 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.
Borrower Date
Lender Date
Witness Date