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For value received, XXXXXXXXXX of XXXXXXXXXX, herein referred to as Maker, promises to pay to the order of XXXXXXXXXX of XXXXXXXXXX, his/her successors and assigns, herein referred to as Holder, the sum of $$$$$$$$$$$ in installments as follows: $$$$$$$$$$$ by XXXXXXXXXX, $$$$$$$$$$$ per month to be applied against the remaining balance of $$$$$$$$$$$ commencing with the second payment of $$$$$$$$$$$, on XXXXXXXXXX, the third payment of $$$$$$$$$$$ on XXXXXXXXXX, the fourth payment of $$$$$$$$$$$ on XXXXXXXXXX and a fifth payment of $$$$$$$$$$$$ on XXXXXXXXXX, together with a delinquency charge on each installment in default for ten days in an amount equal to ten percent (10%) of such installment but not less than ten dollars ($10.00). The obligation to make these payments shall be discharged when they are received by Holder or his attorney. |
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