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Promissory Note

1. Borrower
Frank Amaya
1729 Spanish Moss Savannah Texas 76227

2. Lender
Mabin Sainju
4503 W Pioneer Dr Irving TX 75060

3. Lump-Sum Loan With Interest


In return for a loan Borrower has received from Lender, Borrower promises to pay to Lender the
amount of $5,000 (principal), plus interest on unpaid principal at the rate of 24% per year from
the date this note is signed until it is paid in full. If there is more than one borrower, they agree to
be jointly and severally liable for the loan.

4. Due Date and Repayment Terms


Borrower will repay the entire amount owed by March 22, 2016.

5. Prepayments
Borrower may make payments of principal at any time before the loan is due. Borrower will
identify any such payments, in writing, as prepayments of principal. Lender will use any
prepayments to reduce the amount of principal owed by Borrower.

6. Late Payments
If payment due under this note is not received by Lender within 1 days of its due date, the
Borrower will pay a late fee of 5% of the amount of the payment. The late fee will be due
immediately.

7. Payment and Notice Address


Borrower will send all payments to:
4503 W Pioneer Dr Irving TX 75060
Promissory Note

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Lender will send all notices required under this Agreement to:
1729 Spanish Moss Savannah Texas 76227

8. Security
This is an unsecured note.

9. Severability
If any court determines that any provision of this agreement is invalid or unenforceable, any
invalidity or unenforceability will affect only that provision and will not make any other
provision of this agreement invalid or unenforceable and such provision shall be modified,
amended, or limited only to the extent necessary to render it valid and enforceable.

10. Attorneys' Fees


If Lender sues Borrower to collect on this note, and wins, Borrower agrees to pay Lender's
attorneys' fees in an amount the court finds to be fair and reasonable.

11. Entire Agreement


This note represents the entire agreement between Borrower and Lender. Any modifications
must be in writing and signed by both Borrower and Lender.

12. Terminology
The term Borrower refers to one or more borrowers. The term Lender refers to more than one
lender and to any person who legally holds this note, including a buyer in due course.

Borrower's Signature
Frank Amaya
Signature: ________________________________________
Date: _____________________________________________

Promissory Note

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