#2200
@002 State the name of the MAKER (person borrowing) of the note:
@001 State the name of the person lending the money:
@220 State the date of execution of this agreement:
!222 State the PRINCIPAL amount borrowed:
@221 State the city and state where the payments are due:
@224 State the street address where the note is due:
@225 State the city and state where the note is due:
@230 State the rate of SIMPLE interest due on note as a number:
#2201/#2202/#2203 This note is due:
In installments
All in one lump sum on a certain day
On demand, or if no demand, within a year
#if#2202
@229 State due date:
#endif
#if#2201
@226/@226/@226/@226 State the number of installments:
12
24
36
KEY IN VALUE
@227/@227/@227/@227 State the number of days between installments:
7
30
90
KEY IN VALUE 
!228 State the dollar amount of each installment:
#endif
#2204
#2205 Are there guarantors of the note?
#end control section
#2200
/* PARAGRAPH 2200: PROMISSORY NOTE: HEADER */

                    PROMISSORY NOTE


@220          @221 

$@222


     @002, referred to herein as "MAKER", agrees to pay to the 
Order of @001, referred to herein as "HOLDER", or order, the sum 
of $@222, (!222 Dollars), at @224, @225, with interest thereon at 
rate of @230% per annum, simple interest.
#2201
/* PARAGRAPH 2201: INSTALLMENT PAYMENTS */



Said note shall be in due, unless earlier accelerated, in @226 
installments, payable every @227 days, in the amount of $ @228,
(!228 Dollars). All payments received shall be credited first to
interest and then to principal. Should MAKER fail to pay any
installment when due, then HOLDER shall have the option to
accelerate the payment of the full principal sum and accrued
interest payable. HOLDER shall have the right for commercially
reasonable causes, including but not limited to, the institution
of litigation, the filing of tax liens, or any other objective
sign of incapacity of the MAKER to pay the principal or interest
due, to accelerate the payment of the full principal sum and
accrued interest payable.


#2202
/* PARAGRAPH 2202: DATE CERTAIN */


The full amount of principal and interest due herein shall be 
payable on @229.
#2203
/* PARAGRAPH 2203: DUE ON DEMAND */


This note shall be due on demand, or if no demand is made, one 
year after the date of making the note.
#2204
/* PARAGRAPH 2400: PROMISSORY NOTE, CLOSER */


This note is payable in U.S. Dollars. At any time the maximum 
rate of interest applicable to this transaction shall not exceed 
the legal maximum rate of interest for a note of this type. Any 
sums paid in excess of any lawful limitation shall be applied to 
principal.


After default herein, this note will bear interest at the highest 
legal rate for this type of note until paid in full. Upon any 
default, MAKER agrees to pay a reasonable attorney's fee for any 
and all services of an attorney, whether in or out of court, and 
for appeal and post-judgment collection legal services.


Dated: 



____________________________________________

MAKER
#2205
/* PARAGRAPH 2205: PERSONAL GUARANTEE */


                    PERSONAL GUARANTEE


The undersigned, in consideration of the extension of credit by 
HOLDER to MAKER, unconditionally personally guarantee the full 
and prompt payment of principal, interest, and any collection 
costs, including attorney's fees to HOLDER. The undersigned 
consent to any extensions which may be made from time to time 
between MAKER and HOLDER, and consents to the release or 
substitution of any collateral.


***************************************************************

READ CAREFULLY: You are executing a legally binding obligation to 
pay this debt should the primary maker fail or refuse to do so. 
This may mean that you might be called on to pay this debt and
collection costs.

***************************************************************



__________________________________________

GUARANTOR



__________________________________________

GUARANTOR