This note is given as a Deposit for "Earnest Money" as stipulated in the attached Contract to Purchase Real Estate between
dated _______________________ covering the property commonly known as
Upon demand the undersigned, hereinafter called the Payer, promises to pay the sum of ____________________________ Dollars without interest, to __________________________ or his assigns, hereinafter call the Payee.
This note is due and payable immediately upon the Payee and Payer agreeing that the conditions, contingencies, and inspections given in the said Contract have been met.
In the event that this note is not paid when due and suit is instituted for the collection thereof, the undersigned promises to pay to the holder of this note all reasonable costs and expenses of suit, including all reasonable attorney's fees, to be determined by the court in which such action may be brought.