PROMISSORY NOTE FOR CALIFORNIA

beatrice ventura(the "Borrower")andwells fargo mortgage(the "Lender") hereby enter into and
execute this agreement (the "Agreement" or "Promissory Note") as of _____________.

1. PARTIES
a. Borrower
i. beatrice ventura is located at 363 n franklin st, HEMET, California 92543.

b. Lender
i. wells fargo mortgage is located at , , California .

2. PROMISE TO PAY. FOR VALUE RECEIVED, Borrower promises to pay Lender a

total principal amount of $136,000.00 USD in return for receiving the following from
Lender: home loan to buy house for $ 137,000.
3. INTEREST. No interest shall be due or payable under the terms of this Agreement.
4. PAYMENT TERMS - LUMP SUM. Any payment received will be applied first to
outstanding late fees, if any, next to interest, if any, and thereafter to the unpaid principal
balance of the loan. Payments will be made according to the following terms:
a. Due Date. All outstanding monies owed hereunder will be paid in one lump sum
that is due on _____________ (the "Due Date").
b. Late Payment. Payment will be considered late if not paid by the close of
business on the Due Date. Borrower's failure to make full payment on this
Promissory Note on or before the Due Date for whatever reason will be
considered an event of default under this Agreement.
c. Unpaid Principal Balance. In no event will interest exceed the maximum
amount permitted by law.

5. METHOD OF PAYMENT. Acceptable methods of payment are as follows: one lump

some.
6. PAYMENT AND NOTICE ADDRESSES. All payments must be delivered to Lender's
address stated above or any place or in any other manner as may be designated from time
to time in writing by Lender. Notices will be in writing and delivered in person, sent by
facsimile, or sent by reputable overnight delivery service to each party's respective
address stated above or to any place or in any other manner as may be designated from
time to time in writing by the parties.
 7. PREPAYMENT. Borrower may prepay this Promissory Note in full or in part at any
time without incurring a premium or penalty. All prepayments will be applied first to
outstanding late fees, if any, next to interest, if any, and thereafter to the unpaid principal
balance of the loan.
8. COLLATERAL. This loan will be secured by the following collateral: _____________
Lender will hold title to the collateral until such time as the loan is paid in full in
accordance with this Agreement.
9. RECOURSE. THIS PROMISSORY NOTE ALLOWS LENDER TO SEEK
RECOURSE AGAINST ANY PERSONAL ASSETS OF BORROWER. The personal
assets are therefore subject to the payment of this debt.
10. DEFAULT AND ACCELERATION. Should Borrower default under or otherwise
breach this Promissory Note and not cure said default or breach on or before
_____________ days after Lender gives Borrower written notice thereof by personal
delivery or certified mailing, all principal balance remaining unpaid and interest accruing
thereon will, at the option of Lender, become immediately due and payable to Lender.
The date of notice will be the date of delivery or the date of mailing. No delay or failure
in giving notice of said default or breach will constitute a waiver of the right of Lender to
exercise said right in the event of a subsequent or continuing default or breach. In
addition to the events of default specified herein, the following events, without limitation,
will constitute a default: Borrower's filing any voluntary or involuntary petition for relief
under the United States Bankruptcy Code, the death or dissolution of either party, and/or
failure to pay monies owed in full on or before the Due Date.
11. ATTORNEY FEES AND COURT COSTS. In the event of such default or breach,
Borrower promises to pay Lender all collection and/or litigation costs incurred, including
reasonable attorney fees and court costs, whether or not a judgment or a lawsuit is filed.
12. SUCCESSORS AND ASSIGNS. Lender may transfer this Agreement to another holder
without notice to Borrower; however, Borrower will not be liable to any assignee for any
amounts greater than it would otherwise be liable for under this Agreement. Borrower
agrees to remain bound under the terms of this Agreement to any subsequent holder of
this Agreement. Borrower covenants and warrants not to assign its rights or obligations
under this Agreement without Lender's prior written consent. Each Borrower and
cosigner identified in this Agreement will be jointly and severally liable for the
repayment of the debt described herein, and the terms of this Agreement will be equally
binding upon and will inure to the benefit of the Parties and their heirs, executors,
administrators, successors, and permitted assigns.
13. MISCELLANEOUS TERMS AND CONDITIONS. The Parties agree to the following
terms and conditions:
 a. This promissory note is tender in terms of negotiable instruments Act 1881:
public law 73-10 chapter 48,48 stat 112,12u.s.c 411: securities act s 2 (1),3 (a) (3)
and settlement in terms of congressional statues at large Title 62
b. public Law 73-10 regarding promissory note to pay mortgage off

14. GENERAL PROVISIONS

a. Governing Law. The parties agree that the laws of the State of California will
govern this Agreement without regard to its conflict-of-law provisions. Any
claims or disputes concerning this Promissory Note will, at the sole election of
Lender, be adjudicated in united states County.
b. Entire Agreement. This Agreement constitutes the entire agreement of the
parties and supersedes any and all other prior and contemporaneous agreements
and understandings, both written and oral, between the parties.
c. Amendment. No amendment, modification, termination, or waiver of any
provision of this Promissory Note will be effective unless it is in writing and
signed by both Borrower and Lender.
d. Time of Essence. Time is of the essence concerning all provisions contained in
this Agreement.
e. Waivers. Borrower hereby waives presentment for payment, demand, protest and
notice of dishonor and protest, and all other demands and notices, in connection
with the delivery, acceptance, performance, or other enforcement of this
Promissory Note.
f. No Implied Waiver; Cumulative Remedies. Lender's failure to exercise any
right or remedy provided in this Promissory Note will not be construed as a
waiver of any future exercise of that right or exercise of any other right or remedy
to which Lender may be entitled. No delay or omission on the part of Lender in
exercising any right hereunder will operate as a waiver of any other right under
this Promissory Note. No right conferred upon Lender by this Agreement will be
exclusive of any other right referred to herein or now or hereafter available at law,
in equity, by statute or otherwise, and all remedies will be cumulative and not in
the alternative.
g. Severability. If any provision of this Agreement is held by a court of law to be
illegal, invalid, or unenforceable, then that provision will be deemed amended to
achieve as nearly as possible the same economic effect as the original provision,
and the legality, validity, and enforceability of the remaining provisions of this
Agreement will not be affected or impaired thereby.
h. Headings. The headings used in this Promissory Note are provided for
convenience only and will not be used in construing the meaning or intent of the
corresponding provisions.
i. Counterparts. This Agreement may be executed in any number of counterparts,
including by facsimile transmission or by e-mail delivery, each of which when
executed and delivered shall constitute an original of this Agreement, but all the
counterparts shall together constitute the same agreement. No counterpart shall be
effective until each Party has executed at least one counterpart.
 [Signature page to Promissory Note]

IN WITNESS WHEREOF, the parties have executed this Promissory Note on _____________.

Borrower

beatrice ventura: ____________________     Date: ____________________

Lender

wells fargo mortgage: ____________________     Date: ____________________

Witness

Signed: ____________________     Date: ____________________

Print Name: ____________________

Address of Witness: ________________________________________

_________________________________________________________
 NOTARY ACKNOWLEDGMENT

A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the
truthfulness, accuracy, or validity of that document.

State of California
County of ____________________________

On ________________ (date), before me, __________________________________ (notary),

personally appeared beatrice ventura, who proved to me on the basis of satisfactory evidence to
be the person(s) whose name(s) is/are subscribed to within the attached instrument and
acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies),
and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of
which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature______________________________     (Seal)
 NOTARY ACKNOWLEDGMENT

A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the
truthfulness, accuracy, or validity of that document.

State of California
County of ____________________________

On ________________ (date), before me, __________________________________ (notary),

personally appeared wells fargo mortgage, who proved to me on the basis of satisfactory
evidence to be the person(s) whose name(s) is/are subscribed to within the attached instrument
and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity
upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature______________________________     (Seal)
 Instructions for Your Promissory Note

Creating Your Form with LegalNature

You will start by entering the relevant party information. The Borrower, sometimes called the
note "Maker," is the party promising to pay back the Lender in the promissory note.

Next you will fill out the transaction details. Be as specific as possible in describing what the
Borrower is receiving from the Lender, whether it is a mortgage loan, goods, services, etc. You
will then describe how the Lender expects to be repaid. You will also have the option to include
miscellaneous terms and conditions later in the form builder should you need to further
customize your agreement.

Then you will describe whether the Lender is requiring any collateral to ensure repayment. For
example, in a mortgage agreement the collateral is the house itself. If the Borrower defaults on
repayment, then the Lender gets to keep or sell the collateral.

Lastly, you will be asked about including a notary and witness. It is always recommended to
include a notary to help prove the validity of the document should you ever need to. For the same
reason, including a witness is helpful. If possible, it is a good idea to include both.

Executing Your Promissory Note

After you are done filling out the form, simply have the Borrower, Lender, and any notary and
witness available sign the document in each other's presence. Again, although a notary and
witness are not required in most jurisdictions, it is always a good idea to include them. When the
document has been signed and witnessed, you are done! Make sure the Borrower and Lender
each get a copy.