Date:
To:
Re:
Please be advised that the undersigned is the holder of a certain promissory note made by you dated ____________________, in the original principal amount of ________________.
You are hereby notified that you have defaulted under said note because you have failed to pay the installment due ____________________, 20__, in the
amount of _______________.
Therefore, demand is hereby made upon you for full payment of the entire balance due on said note in the amount of _____________, including interest
accrued to date.
If the entire amount due is not received on or before
_____________________, I shall instruct legal counsel to commence legal proceedings against you.
Attention to the note, which obligates you to pay in addition to the principal balance and interest, costs of collection, including attorney’s fees.
Your prompt attention to the foregoing is anticipated.
Very truly yours,
____________________________
