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7/17/2011

Letter Of Default On Promissory Note

Reference is made to a certain promissory note

under date of [date], in the original amount of

$[dollar amount].
You have defaulted under said note in that the

installment due on [date], in the amount of $[dollar

amount] has not been paid.
Accordingly, demand is hereby made upon you for

full payment of the entire balance on said note in the

amount of $[dollar amount], including accrued

interest to date.
In the event the entire balance is not paid within the

next seven days, we shall refer this matter to an attorney

resulting in additional costs of collection.

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