Promisory note
Straight note
Do not destroy this note:
When paid, this note and the Deed of Trust (if any)
must be surrendered to Trustee for cancellation, before
reconveyance will be made.

Trustor (Name): _____________________________________________
Trustee (Name): _____________________________________________
Principal sum: __________________________________________________________________ $_______________

Geographic Place of the deal: ______________________________


On or before, MM/DD/YEAR, for value received, I promise to pay to Trustor the Principal sum with interest from MM/DD/YEAR,
until paid at the rate of ____ per cent per annum, payable monthly, beginning on MM/DD/YEAR, and continuing monthly
thereafter until MM/DD/YEAR, when all principal and interest accrued is due and payable.

"This note is subject to Section 2966 of the Civil Code, which provided that the holder of this note shall give written notice to the Trustor, or
his successor in interest, or prescribed information at least 90 and not more than 150 days before any balloon payment is due"

1. A late charge of ____ % of the monthly payment shall be due on each installment not received within 15 days of the due date
2. This Note may be prepaid in whole or in part at any time without penalty. Interest shall cease to accrue on any principal paid as of date of payment
3. This Note which is secured by a Deed of Trust is given as part of the purchase price of real property
4. The Deed of Trust securing a Note will be second and subsequent in lien to the first Deed of Trust of record in favor of American Mortgage Express
5. Principal and interest payable in lawful money of the United States of America. Should default be made in payment of interest when due the whole sum of
principal and interest shall become immediately due at the option of the holder of this note and after said breach, said obligation shall continue to accrue
interest at the rate of ____ per annum. If action be instituted on this note I promise to pay such sum as the Court may fix as Attorney' fees. This note is
secured\is not secured by a Deed of Trust of even date herewith.

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Trustee signature         Date