Note Secured By Deed Of Trust Form

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DO NOT DESTROY THIS NOTE: When paid, said original note, together with the Deed of Trust
securing same, must be surrendered to Trustee for cancellation before reconveyance will be made.
NOTE SECURED BY DEED OF TRUST
(INSTALLMENT-INTEREST INCLUDED)
$__________________
________________________, California, _________________________________
In installments as herein stated, for value received, I promise to pay to ____________________________________________
_____________________________________________________________________________________________, or order,
at ___________________________________________________________________________________________________
the sum of __________________________________________________________________________________DOLLARS,
with interest from _________________________________________________________________ on unpaid principal at the
rate of ________________________________________ per cent per annum; principal and interest payable in installments of
___________________________________________________________________________________________DOLLARS,
or more on the ______________________________ day of each __________________________________ month, beginning
on the _________________________________day of _________________________________________________________
_____________________________________________________________________________________________________
_____________________________________________________________________________________________________
___________________________________________________and continuing until _________________________________
____________________________________________________________________________________________________.
Each payment shall be credited first on interest then due and the remainder on principal; and interest shall thereupon cease
upon the principal so credited. Should interest not be so paid it shall thereafter bear like interest as the principal, but such
unpaid interest so compounded shall not exceed and amount equal to simple interest on the unpaid principal at the maximum
rate permitted by law. Should default be made in payment of any installment of principal or interest when due the whole
sum of principal and interest shall become immediately due at the option of the holder of this note. Principal and interest
payable in lawful money of the United States. If action be instituted on this note I promise to pay such sum as the Court
may fix as attorney’s fees. This note is secured by a deed of trust to STEWART TITLE OF CALIFORNIA, INC., as
Trustee.
_________________________________________________
__________________________________________
_________________________________________________
__________________________________________
DO NOT DESTROY THIS NOTE
DOCUMENT PROVIDED BY STEWART TITLE OF CALIFORNIA, INC.
NOTEIImod.DOC

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