Promissory Note With Balloon Payment Sample Contracts

Integrated Environmental Techn – PROMISSORY NOTE With BALLOON PAYMENT (April 13th, 2005)

BORROWER(S) ..REPRESENTS HEREWITH THAT THE LOAN EVIDENCED HEREBY IS BEING OBTAINED FOR BUS/HESS/COMMERCIAL PURPOSES. For value received, the undersigned, jointly and severally, if more than one, promises to pay to DaVinci-Franklin Fund I, LLC (the "Lender") the sum of One Hundred and Fifty Thousand & 00/100 Dollars ($150,000.00), plus interest according to the provisions provided herein below in immediately available coin or currency of the United States of America.