of _______________________ shall have exclusive jurisdiction to resolve any disputes
that may arise out of this loan agreement.
7.2 Entire Agreement. This Agreement constitutes the entire agreement of the parties
and supersedes all prior or contemporaneous oral or written agreements concerning this
subject matter.
7.3 Severability. If any provision of this agreement is held by a court of law to be illegal,
invalid or unenforceable, (a) that provision shall be deemed amended to achieve as
nearly as possible the same economic effect as the original provision, and (b) the
legality, validity and enforceability of the remaining provisions of this agreement shall not
be affected or impaired thereby.
IN WITNESS WHEREOF, the parties have executed this Promissory Note on this _____ day of
______________________________, 20____.
Lender
Borrower
_________________________________
_________________________________
By:
By:
(typed or printed name of lender)
(typed or printed name of lender)
STATE OF ______________________________
COUNTY OF ____________________________
Before me, the undersigned Notary Public in and for said county and state, did personally
appear __________________________________ (Lender) and
________________________________ (Borrower) and signed this Promissory Note as their
free and voluntary act and deed.
_____________________________________
Notary Public
(Seal or stamp)