Promissory
Note Default Notice
_____________________________
_____________________________
_____________________________
_____________________________
Re: Promissory note dated _______________
Amount due as of this
date: $ _______
Dated: ___________
Dear __________:
Please be advised that
the undersigned is the holder and owner of a certain promissory note made by
you dated ______, in the original principal amount of $ _______
(__________________ &___/100 dollars.)
You are hereby notified
that you have defaulted under said note because you have failed to pay the note
when due.
Therefore, pursuant to
the terms of the note, the holder herewith accelerates the payment of the full
remaining interest and principal. Demand is hereby made upon you for full
payment of the entire balance due on said note in the amount of $ _______
(_______________________________ &___/100 dollars), including interest
accrued to date.
_____________________________
Note Holder
Promissory Note Default
Notice
Review List
This review list is provided to inform you about this
document in question and assist you in its preparation. This default notice is necessary prior to
filing suit for collection.
- Make multiple copies. Fax and mail copies to the defaulter. Put one in the file for turning over to your attorney for collection, unless you choose to do it pro se, without a lawyer.
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