Categories: Legal Letters

Notice of default on promissory note

1234, Main Street
Boston, MA 02123

05 April, 2005

<Recipient Address Goes Here>

Hello,

We hold your promissory note dated <date of note> in the amount of <original amount>. We hereby give you notice that you are in default on said note for failure to pay the following <amounts/installments>:

– <list of overdue payments>

Accordingly, we hereby demand payment of <total amount of demand>.

If we have not received payment as specified above <payment address> by <payment deadline>, we shall turn this matter over to collection at your expense, as provided for in said note.

Regards,

Robert Anderson

encl: <List of enclosed items goes here>

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