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NOTE

Promissory Note

NOTE | Document Parties: DOVER HOLDING CORPORATION You are currently viewing:
This Promissory Note involves

DOVER HOLDING CORPORATION

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Title: NOTE
Governing Law: Wisconsin     Date: 7/16/2009

NOTE, Parties: dover holding corporation
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NOTE

 

 

$6,750.00                                                                                                                                                                                                            June 30, 2009

 

 

FOR VALUES RECEIVED on May 1, 2009 of Two Thousand Five Hundred Dollars ($2,500.00), on May 29, 2009 of One Thousand Seven Hundred Fifty ($1,750) and June 30, 2009 of Two Thousand Five Hundred Dollars ($2,500.00), the undersigned DOVER HOLDING CORPORATION, a Delaware corporation, having an address at 1818 North Farwell Avenue, Milwaukee, Wisconsin 53202 (hereinafter referred to as “Borrower”) hereby promises to pay to the order of IRREVOCABLE CHILDREN’S TRUST NO.2 (hereinafter referred to as “Payee”, Payee and its successors and assigns being referred to as “Holder”) at 1818 North Farwell Avenue, Milwaukee, Wisconsin 53202, or at such other place as Holder may from time to time designate to Borrower in writing, the principal sum of Six Thousand Seven Hundred Fifty Dollars ($6,750.00), on the unpaid principal balance thereof at the rate and on the terms hereinafter set forth, together with interest thereon at the rate of 8% per annum on any unpaid balance, to be paid in lawful money of the United States of America, as follows:

 

1.  

Maturity . The term “Maturity” shall mean June 30, 2010.

 

All payments made hereunder shall be applied to payment of the reduction of the outstanding principal.

 

This Note may be prepaid, in whole or in part, at any time, without premium or penalty of any kind. Any partial prepayment shall be applied to the last installments due under the terms of this Note and shall not reduce monthly payments due hereunder.

 

To the fullest


 
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