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Fill and Sign the Finance Final Finance 101 with Lewis at University of Form

Fill and Sign the Finance Final Finance 101 with Lewis at University of Form

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INSTALLMENT NOTE - JOINT Date_______________________ Amount $___________________ Annual Percentage Rate ____________%FOR VALUE RECEIVED, we, as joint makers of this Installment Note, herein referred to as the Maker, jointly and severally promise to pay to the order of Payee, his successors and assigns, herein referred to as Holder, the amount shown above, with interest on any unpaid balance from the date at the percentage rate shown above in lawful money of the United States of America.Payable in __________ equal successive monthly instalments of __________________________________Dollars commencing on _______________________, and continuing on the same day of each and every month thereafter until paid, except the final instalment which shall be the balance due on this note.1. Overdue Instalments; Acceleration of Maturity. If any instalment is not paid when due, the undersigned shall pay collection charges of _________________________________________________ of each over due instalment or the actual costs of collection, whichever is greater. In addition, the entire amount owing and unpaid hereunder shall at the election of holder forthwith become due and payable. Notice of such election is hereby waived.2. Attorneys' Fees. The undersigned shall pay all reasonable attorneys' fees incurred by holder in enforcing any right or remedy hereunder.3. Completion or Modification of Note. Each of the undersigned authorizes holder to date and complete this note in accordance with the terms of the loan evidenced hereby, to accept additional comakers, to release comakers, to change or extend dates of payment, and to grant indulgences all without notice or affecting the obligations of any of the undersigned.4. Waiver of Rights by Comakers. Each of the undersigned hereby waives (a) presentment, demand, protect, notice of protest, notice of dishonor, and notice of nonpayment; (b) the right, if any, to the benefit of, or to direct the application of, any security hypothecated to holder until all indebtedness of the undersigned to holder, however arising, shall have been paid; (c) the right to require holder to proceed against the undersigned, or to pursue any other remedy in holder's power. Holder may proceed against any of the undersigned directly and independently of any other, for any reason other than full payment, and any extension, forebearance, change of rate of interest, or acceptance, release or substitution of security, or any impairment or suspension of holder's remedies or rights against any of the undersigned shall not in any way affect the liability of any other of the undersigned.5. Joint and Several Liability. All obligations of the undersigned hereunder shall be joint and several.Maker____________________________________ Maker____________________________________ Address___________________________________ Address_____________________________________________________________________________ __________________________________________City/County/State/Zip City/County/State/ZipPayee______________________________________Address_______________________________________________________________________________City/County/State/Zip__________________________________________ ______________________________ _______Maker Sign Maker SignSubscribed and sworn before me on this _____ day of _________________________________, 199___. Notary Public________________________________________________________________ (seal)

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