NOTE OF
TRUST’S INDEBTEDNESS
This
note shall certify that the trust formed under the agreement between
___________ (Trustor) and
___________________ (Trustee) on
___________________________ (Date)
owes a debt to _____________________________ for the following amount:
Principal
of $ ______________________________
Annual
interest rate of ____________________%
This
certifies that the trust established under a trust agreement between
_____________ (Name Of Trustor)
as trustor and __________ (Name of Trustee)
as trustee on _________ (Date) is
indebted to ____________________ (Name of
Payee) for _________ Dollars ($__________), to be paid solely out of
the principal of the trust estate on its termination with interest at the rate
of __________ percent (__________%) per year, payable in __________ (Quarterly, or as the Case May Be)
installments. This certificate is personal to the payee named in this
certificate and may not be transferred or assigned without the written consent
of the trustee.
______________________________________ ____________________
Signature
Date
______________________________________ ____________________
Witness
Date
