Letter of Default on Promissory Note

ON PROMISSORY NOTE




Date: _





To: _





Reference is made to a certain promissory note under date

of _, 20_, in the original amount of $_.

You have defaulted under said note in that the

installment due on _, 20_, in the amount of $_ 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

$_, including accrued interest to date.

In the event the entire balance is not paid within the

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

resulting in additional costs of collection.



Very truly,





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