Usury Notice

Notice of usurious interest rate and intention to seek relief

Dear _________________________:

This is to advise you that pursuant to the laws of _______________________, the promissory note which was executed on __________________________, in the original principal amount of $______(____________________ & ______/100 dollars) violates the usury laws and that legal action will be taken to avoid the usury and to obtain the following relief:

Dated: _________________________________________

_________________________ By Executor of Promissory or Other Note of Obligation