Demand Promissory Note


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Loan Number of Mortgage Being Refinanced: Loan Number of New Loan: Property Name: DEMAND PROMISSORY NOTE (Revised 3-1-2014) Effective Date: , Fairfax County, Virginia IMPORTANT NOTICE THIS INSTRUMENT CONTAINS A CONFESSION OF JUDGMENT PROVISION, WHICH CONSTITUTES A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE CREDITOR TO OBTAIN A JUDGMENT AGAINST YOU WITHOUT ANY FURTHER NOTICE.. WHOSE ADDRESS IS 8200 JONES BRANCH DRIVE, MCLEAN, VIRGINIA 22102-3110, ANY ONE OF WHOM MAY ACT WITHOUT THE JOINDER OF THE OTHER(S), AS MAKER S DULY CONSTITUTED ATTORNEY-IN-FACT TO APPEAR IN THE CLERK S OFFICE OF THE CIRCUIT COURT FOR FAIRFAX COUNTY, VIRGINIA, OR IN ANY OTHER COURT OF COMPETENT JURISDICTION, AND TO CONFESS JUDGMENT PURSUANT TO THE PROVISIONS OF SECTION 8.01-432 OF THE CODE OF VIRGINIA OF 1950, AS AMENDED, AGAINST MAKER FOR ALL PRINCIPAL AND INTEREST AND ANY OTHER AMOUNTS DUE AND PAYABLE UNDER THIS NOTE AS EVIDENCED BY AN AFFIDAVIT SIGNED BY AN OFFICER OF THE HOLDER SETTING FORTH THE AMOUNT THEN DUE, TOGETHER WITH ATTORNEY S FEES AND COLLECTION FEES AS PROVIDED IN THIS NOTE (TO THE EXTENT PERMITTED BY LAW)..


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