CONVERTIBLE SECURED PROMISSORY NOTEConvertible Secured Promissory Note • April 6th, 2006 • Villageedocs Inc • Services-business services, nec
FOR VALUE RECEIVED, the undersigned, VillageEDOCS (the "Maker"), hereby promises to pay to the order of Joan P. Williams and C. Alan Williams (together, the "Lender"), the principal sum of _______________ Dollars ($____________) together with interest earned thereon from the date on which funds were initially deposited in the Maker's bank, Sunwest Bank. Interest will be earned at the per annum rate equal to ten percent (10%). Principal and interest are payable as described herein.
