Promissory Note - Installment - California

CALIFORNIA INSTALLMENT NOTE — TRANSACTION AND DRAFTING WORKSHEET

DO NOT SIGN THIS WORKSHEET AS A NOTE. Complete every classification and
economics field, obtain California lending review, and then prepare a
coordinated note and related documents for the actual transaction.

1. Transaction Classification Gate

Do not proceed until counsel knows who is lending, why the money is borrowed,
how the loan is arranged, what secures it, and which licensing, disclosure,
interest, and remedy rules apply.

2. Current-Law and Document Matrix

3. Parties, Funding, and Purpose Record

Borrower

Lender

Funding

4. Economic-Term Schedule

List every amount the borrower may pay or fund. Do not label an amount as
principal, interest, cost, expense, or exempt fee without reviewed authority.

Complete modeled rate / charge result: [_______________________________]

Independent calculation checked by / date: [__________________________]

5. Interest and Payment Method

Amortization Schedule

6. Prepayment and Payoff

7. Collateral and Related Documents

This packet does not create or perfect a lien. Use separate, coordinated,
reviewed documents and the correct filing, possession, control, title, or
recording method.

8. Default and Remedy Design

Do not add automatic acceleration, banker's lien, confession, blanket waiver,
self-help, bondless injunction, or "maximum lawful rate" cure boilerplate
without transaction-specific authority.

9. Negotiability and Transfer Election

If the note is intended to be non-negotiable, use a reviewed conspicuous
statement. If negotiability is intended, do not import an entire loan agreement
into the note without analyzing each undertaking.

10. Dispute, Notice, and Execution Schedule

11. Note and Closing Assembly

• ☐ reviewed installment promissory note
• ☐ final amortization schedule
• ☐ economic-term and charge schedule
• ☐ required consumer or other disclosures and notices
• ☐ funding authorization and disbursement record
• ☐ security agreement and perfection documents, if applicable
• ☐ deed of trust / real-property documents, if applicable
• ☐ guaranty, if applicable
• ☐ entity approvals and signer authority
• ☐ broker / lender license and exemption record
• ☐ closing, payment, and servicing instructions

Final Counsel Check

• ☐ lender, borrower, purpose, amount, security, broker, and property classified
• ☐ licensing, exemption, disclosure, interest, fee, and prepayment analysis complete
• ☐ payment schedule independently checked
• ☐ negotiability election matches every note term
• ☐ collateral, guaranty, default, and remedy documents coordinate
• ☐ arbitration, jury, forum, notice, electronic-execution, and original-note issues resolved
• ☐ no unsupported rate, cure, waiver, setoff, fee, lien, or enforcement claim remains
• ☐ every bracket completed or deleted and the final note reviewed before signature

Prepared by: [________________________________]

Review date: [__/__/____]