PROMISSORY NOTE - with default in payment
promise to pay to the order of ________________(Lender) the sum
of ($ )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.
Signed under seal this _____day of _____, 19__.