0001104659-19-059073 Sample Contracts

PROMISSORY NOTE
Promissory Note • November 4th, 2019 • Groundfloor Real Estate 1, LLC • Real estate • Georgia

FOR VALUE RECEIVED, _________________, a ___________________ (“Borrower”), promises to pay to the order of ____________________ a Georgia ____________,11 or to the order of any subsequent holder of this Promissory Note (“Lender”), at Lender’s offices located at _____________________ (or at such other place as Lender may designate in writing from time to time), the principal sum of ________________________________ and no/100 Dollars ($_____________) (the “Loan”), payable in lawful money of the United States, together with interest thereon from the date hereof as hereinafter provided, or so much as is advanced pursuant to the Loan Agreement between Lender and Borrower dated ___________ ___, 20__ (as amended from time the time, the “Loan Agreement”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Loan Agreement.

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