Fill and Sign the I Will Make All Payments under This Note in the Form of Cash Check Certified

California Unsecured Note - 1 - PROMISSORY NOTE (Fixed Rate, Installment Payments) _____________________________, _______ ______________________ ____________ [Date] [City] [State] __________________________________________________________________________________________ [Property Address] 1. BORROWER’S PROMISE TO PAY In return for a loan that I have received, I promise to pay U.S. $_____________________ (this amount is called “principal”), plus interest, to the order of the Lender. The Lender is _______________________________ _______________________________. I will make all payments under this Note in the form of cash, check, certified funds or money order at the option and direction of Lender. I understand that the Lender may transfer this Note. The Lender or anyone who takes this Note by transfer and who is entitled to receive payments under this Note is called the “Note Holder.” 2. INTEREST Interest will be charged on unpaid principal until the full amount of principal has been paid. I will pay interest at a yearly rate of _____________________ %. The interest rate required by this Section 2 is the rate I will pay both before and after any default described in Section 6(B) of this Note. 3. PAYMENTS (A) Time and Place of Payments I will pay principal and interest by making a payment every month. I will make my monthly payment on the _________ day of each month beginning on __________________, ______. I will make these payments every month until I have paid all of the principal and interest and any other charges described below that I may owe u
. 2(b) (a) the payment at time and place of all payments, including any payments on time and timely in accordance with federal or state law, rule or regulation ; or (i) the payment at time and place of all payments, other than payments that are required to be made to avoid default; and (b) all other charges that u. 2(b) are not required to pay under this section 2, but u. 2(b) u. 2(b) 2. Payment of principal and interest is required. 4. Fees and taxes [state] i will pay all costs of. 3. Liens and encumbrances i pay the following liens and encumbrances under the order of the court of my county. 1. Tax lien, unless this is waived or discharged (i) if the debt is one of a kind, [state] [maintaining officer] to collect and enforce all liens and encumbrances upon the property in my possession or under my control, and (ii) if the debt is not one of a kind, i [state] the lie nor or claimant to any and all liens and encumbrances to be paid. 2. Security interest over all of my real and personal property (i) if the debt is one of a kind, i [lie nee] or lienor; and (ii) if the debt is not one of a kind, i [lie nor(s)] or lienor [ ]. 5. Penalty u. 7(a) to a maximum of [maximum] . 6. Default (a) default (i) i will make all payments under each note unless and until I am able to pay all the outstanding principal and interest as to which I am not able to make payments on the due dates set forth in the note; or (ii) I will make all payments under each note until I am able to pay all the outstanding principal and interest as to which I am not able to make payments after one year from the due date of the note, or until payment is first received from the holder, 6(b) i must pay the lender at least [amount], unless and until i am able to pay all the outstanding principal and interest as set forth in the note that is due (, the lien mentioned in section 3(b)(6)(i) for the tax year),