Fill and Sign the Louisiana Promissory Note Sample Form

INSTALLMENT PROMISSORY NOTE _____________ , Louisiana, ________ ___ , 20 ___ For value received, I, or we, the makers, endorsers, guarantors, sureties, and all other parties hereto, and each of us, in solido, promise to pay to the order of _____________ , at _____________ , Louisiana, the sum of _____________ AND ___ /100 ($ ________ ) DOLLARS in ________ ( ___ ) consecutive equal monthly installments of _____________ AND ___ /100 ($ ________ ) DOLLARS each; the first installment being due and payable on the ___ day of ________ , 20 ___ , and on the ___ day of each succeeding month thereafter, until all have been paid, bearing no interest thereon, and in the event that this note or any installment thereof or any portion of any installment thereof, or the interest thereon, is not paid when due and according to its tenor, and is placed in the hands of an attorney at law for collection, or is sued on, ________ percent ( ___ %) additional on the amount of principal and interest due as attorney's fees. The installments to be paid hereunder shall include both principal and interest, and as each payment is made the amount so paid shall be applied first to the payment of the interest, and the balance of said amount so paid shall be credited on the principal of said indebtedness. In the event that any installment of this note or any portion of any installment, or any interest thereon, is not paid promptly when due, this note and each and every installment thereof shall, ipso facto, and without any demand or putting in default, become immediately due and exigible. All parties hereto hereby severally waive presentment for payment, demand, protest, notice of protest, and notice of non-payment, and all pleas of division and discussion, and consent to any and all extensions of payment without notice. ____________________________ Address: _____________ _____________ _____________ __________ , Louisiana _____ "NE VARIETUR" For identification with Act of Credit Sale passed before me this ___ day of _______ , 20 ___ . _______________________________ NOTARY PUBLIC