Promissory Note

PROMISSORY NOTE FOR PERSONAL LOAN - April 1, 2013

Exhibit 10.5

 

 

 

PROMISSORY NOTE FOR PERSONAL LOAN – April 1, 2013

 

 

$10,500.00 Placer County

 

 

FOR VALUE RECEIVED, Matthew R. Moore promises to pay to InnerScope Advertising Agency, Inc., at Roseville, California, the sum of ten thousand five hundred dollars ($10,500.00) together with interest from date hereof at one and one half percent (1 ½%) per annum.

 

Interest only shall be due and payable by December 31 of each calendar year commencing in 2013 and continuing on the 31st of December of every year for three (3) years; with the entire principal and interest becoming due and payable in full on or before March 31, 2016. The maker hereof shall have the right to prepay all or part of this Note without penalty.

 

This Note shall be due and payable in lawful money of the United States. Should litigation arise under this Note, the prevailing party shall be entitled to reasonable attorneys' fees as determined by the court. Venue for this Note shall be Roseville, Placer County, California.

 

Dated: April 1, 2013 By:   /s/ Matthew Moore     
    Matthew R. Moore