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PROMISSORY NOTE- CMC XXIV Indigo-Energy, Inc

Promissory Note

PROMISSORY NOTE- CMC XXIV Indigo-Energy, Inc | Document Parties: INDIGO-ENERGY, INC. You are currently viewing:
This Promissory Note involves

INDIGO-ENERGY, INC.

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Title: PROMISSORY NOTE- CMC XXIV Indigo-Energy, Inc
Governing Law: Nevada     Date: 8/18/2009

PROMISSORY NOTE- CMC XXIV Indigo-Energy, Inc, Parties: indigo-energy  inc.
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PROMISSORY NOTE- CMC XXIV

Indigo-Energy, Inc.

 

$50,000 (Fifty Thousand Dollars)

Dated: 5-6-2009

Principal Amount

State of Nevada

 

Funding Date - On or before May 6, 2009

Due Date- May 6, 2014

 

FOR VALUE RECEIVED, Fifty Thousand Dollars ($50,000), the undersigned, Indigo-Energy, Inc., a Nevada Corporation, located at 701 N. Green Valley Parkway, Suite 200, Henderson, NV 89074 ( Borrowers ) hereby promises to pay to the order of Carr-Miller Capital (Maker) the sum of $50,000 (Fifty Thousand Dollars).  The purpose of this funding is working capital to meet operational needs.  Said sum shall be paid in the manner following:

 

This Promissory Note shall bear simple Interest at ten percent (10%) per annum from the Funding Date to the Due Date.

 

Commencing May 6, 2010, Borrower shall make 48 equal monthly interest installment payments equal to the total interest due on the note.

 

At the Due Date Borrower will repay the Note in the following manner:

 

Borrower will repay the Principal Amount along with outstanding Interest due within 10 days of the Due Date via check to the Makers address.  Borrower may pre-pay this note at any time without penalty by payment of Principal Amount and pro-rata interest.

 

Additionally, the Maker shall receive ten (10) shares of Borrower’s comm


 
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