Promissory Note Between Borrower and FastCash Dominica Ltd.

Contract Categories: Business Finance › Note Agreements
Summary

This agreement is a promissory note in which the borrower promises to repay FastCash Dominica Ltd. a specified sum, plus interest, in scheduled installments. If payments are late by 10 days, a $25 late fee applies. If a payment is missed, the full remaining balance becomes due immediately. The borrower is also responsible for any collection costs, including legal and bailiff fees, and agrees that their information may be published in the media if they default. The agreement is binding once signed by the borrower.

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EX-10.13 29 q00879_ex10-13.htm a.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
 
FastCash Dominica -- Roseau, 25 King George V Street Anse de Mai, Dominica                           
Tel: (767 ###-###-####, Fax: (767) 448-5778, Email ***@***  
   
Promissary Note                                           
   
TO FastCash Dominica Ltd.  
   
   
FROM    
            
           

For value received the undersigned jointly and severally (if more than one), promise to pay FastCash Dominica Ltd. at the above address, the sum of $____________ dollars, together with interest calculated on at ______(%) per month, payable by installments as follows: 

Installment Amount        Date    Installment Amount        Date 
                      
     
 
     
                     
     
 
     
                       
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     
     
 
     
                     

     I hereby agree to make all payments in full as set in the above schedule until the principal, application fee and all interest accrued thereon is paid in full.

     In the event that a payment is overdue by 10 days, a late fee of $25.00 will be assessed and added to my outstanding balance. In the event that a payment is not received on or before the due date, the principal then outstanding, including application fee and interest accrued thereon shall become immediately payable.

     In the event of my failure to pay as scheduled, I agree to pay any costs incurred in the collection of my debt, including but not limited to reasonable legal fees, bailiff fees and other collection expenses. In addition, in the event of such failure, I agree to have my name and information published in the media, including but not limited to, newspaper, radio and TV.

I have read and understood and agree to abide by the terms and conditions of this agreement.

         
  Borrower   Date