Date: ____________

Name: __________________

Address: __________________

HEREBY BE ADVISED that the undersigned Lender is the holder of a promissory note made by you dated ______________, in the amount of ___________________.

Under the terms and conditions of said note, you were required to make a payment on ___________________ or be considered in default.

This office has not received said payment. Therefore, you are hereby considered to be in default of said note. The Lender hereby exercises the reserved right to demand payment in full on the entire remaining balance due, namely ____________________, including interest accrued to date. This amount is due by _________________, after which time official collection proceedings will begin. According to the terms of the note, be advised that you, the Borrower, have assumed liability to pay costs and expenses of these proceedings, including attorney fees.

Please resolve this matter immediately to avoid further action.

_______________________________

Lender