Promissory Note-In Series

$ ______

FOR VALUE RECEIVED, ________, the MAKER, promises to pay to the order of ____________, the HOLDER, the sum of $______ (_______ ____________________ &___/100 dollars) payable at ________, ___________ with interest at the rate of __ percent per annum.

This note is No. __ in a certain series of __ 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.

Upon default, the MAKER shall pay all reasonable costs of collection including attorney’s fees.

________________________________________

MAKER

Promissory Note-In Series

Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is straightforward approach to notes.

1. Make multiple copies. Put a copy in each related file.