Date: ______________________

FOR VALUE AND CONSIDERATIONS RECEIVED, I (We), the undersigned , individually guarantee to pay to the total sum of which includes an interest payment of and the principal payment of per month. Such interest payment has been calculated at the rate of percent per year.

The following terms and conditions shall be valid throughout the life of the Note:

A. _____________________________________________________________.

B. _____________________________________________________________.

C. _____________________________________________________________.

Such payment shall continue for a period of months until and the final payment (Balloon payment) of shall be due and payable on . This Note may be prepaid in whole or in part at any time with premium or penalty of percent of the outstanding balance of the loan. All prepayments shall be applied first to interest, then to principal payments in the order of their maturity.

The Borrower(s) agrees to pay all costs and expenses, including but not limited to all reasonable attorney fees, for the collection of this Note in an event of default. All payments shall be made on the day of each month at , or at such other place as the holder hereof may from time to time designate in writing.

Each maker, surety, guarantor and endorser of this Note waives presentment, notice and protest, all suretyship defenses and agrees to all extensions, renewals, or releases, discharge or exchange of any other party or collateral without notice.

_______________________________ _____________________________

Borrower Borrower

_______________________________ _____________________________

Witness Seal

(FOR GUARANTEE PURPOSES)

I, , shall act as the sole guarantor of the Borrower(s). In the event of default, I shall personally be held liable for the full payment of the Note.

Dated: __________________________

Guarantor: _______________________