Promissory Note $ ___________________________________ DATE:________________________
This note is given as a Deposit for "Earnest Money" as stipulated in the attached Contract to Purchase Real Estate between
________________________________________________________________________
and
________________________________________________________________________
dated _______________________ covering the property commonly known as
____________________________________________________________________________
____________________________________________________________________________.
Upon demand the undersigned, hereinafter called the Payer, promises to pay the sum of ____________________________ Dollars without interest, to __________________________ or his assigns, hereinafter call the Payee.
This note is due and payable immediately upon the Payee and Payer agreeing that the conditions, contingencies, and inspections given in the said Contract have been met.
In the event that this note is not paid when due and suit is instituted for the collection thereof, the undersigned promises to pay to the holder of this note all reasonable costs and expenses of suit, including all reasonable attorney's fees, to be determined by the court in which such action may be brought.
_____________________________________
Witness
_____________________________________
Buyer
_____________________________________
Witness
_____________________________________
Seller This document and accompanying materials are designed to provide authoritative information in regard to the subject matter covered in it. It is for illustration purposes only and presented with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional opinions. If legal advice or other expert assistance is required, the services of a competent professional should be sought. |
