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Exhibit DD, Promissory Note — Case 5:24-cr-00292-PCP, Document 44-30

Summary

This is Exhibit DD, a promissory note (Installment with Interest and Due on Sale) in which Cassie V. Will (Borrower) promises to pay Sandra Will (Lender) One Million Dollars (U.S. $1,000,000.00) at 3.75% interest. It calls for monthly payments of $4631.16 until paid off at the maturity date of March 1, 2048, with the first payment due March 1, 2018, and allows prepayment without penalty. If the Borrower is more than 5 days late in making any payment, the Lender may declare the entire unpaid balance due immediately. The note states that it is secured by a Deed of Trust filed with the County of Santa Clara as a lien on a Los Gatos property.

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Cite this document

“Exhibit DD, Promissory Note — Case 5:24-cr-00292-PCP, Document 44-30.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-cand-430212-44-30-d99cc01316/, SHA-256 4793d797be20d6b86bc1238120f43eb8791672000fed1183b1ab5968693eaa2c.

Full text

Case 5:24-cr-00292-PCP   Document 44-30   Filed 04/09/25   Page 1 of 2




                EXHIBIT DD
               Case 5:24-cr-00292-PCP                Document 44-30         Filed 04/09/25       Page 2 of 2




                                       PROMISSORY NOTE (Installment with Interest and Due on Sale)

             . :i      11. Promise to Pay.


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            'J!: -.£          For value received, Cassie V. Will (Borrower) promises to pay Sandra Will (Lender)
                              One Million Dollars, (U.S. $1,000,000.00) at 3.75% Interest accrued the unpaid balance
      ~              r..::;   as specified below.

            ' '11
               ~              Date of Loan :     0,}.,/u 7/w1     fl
                              2. Repayment. Borro~er agrees to make monthly payments of$4631.16 until paid off
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                                 at the maturity date of March 1, 2048 or through escrow at the time_of sale of
                                 subject property at which point the remaining balance if any will be paid in full to
                                 Lender. Insurance and taxes to remain up to date and in good standing. First
                                 Payment due March 1, 2018.
~~                        J
~ ~                 . ~ 3. Prepayment. Borrower may prepay all or any part of the principal without penalty.

    CdJ                       4. Loan Acceleration. If Borrower is more than 5 days late in making any payment,

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                              Lender may declare that the entire balance of unpaid principal is due immediately,
                              together with the interest that has accrued.

                              5. Security : This is a secured note with a Deed of Trust filed with the County of Santa
                              Clara as a lien on 111 Belwood Gateway Los Gatos, California 95032,
                              A.P.N. 527-31-019

                              6. Collection Costs. If Lender prevails in a lawsuit to collect on this note, Borrower will
                              pay Lender's costs and lawyer's fees in an amount the court finds to be reasonable.
                              The undersigned and all other parties to this note, whether as endorsers, guarantors or
                              sureties, agree to remain fully bound until this note shall be fully paid and waive demand,
                              presentment and protest and all notices hereto and further agree to remain bound
                              notwithstanding any extension, modification, waiver, or other indulgence or discharge or
                              release of any obligor hereunder or exchange, substitution, or release of any collateral
                              granted as security for this note. No modification or indulgence by any holder hereof
                              shall be binding unless in writing; and any indulgence on any one occasion shall not be
                              an indulgence for any other or future occasion. Any modification or change in terms,
                              hereunder granted by any holder hereof, shall be valid and binding upon each of the
                              undersigned, notwithstanding the acknowledgement of any of the undersigned, and each
                              of the undersigned does hereby irrevocably grant to each of the others a power of
                              attorney to enter into any such modification on their behalf. The rights of any holder
                              hereof shall be cumulative and not necessarily successive. This note shall take effect as a
                              sealed instrument and shall be construed, governed and enforced in accordance with the
                              laws of the State of California.



                              Borro~C~                                                     Date: ·--z.../ 1 l \   ~
                                 Ca s1e V. Will


                              PROMISSORY NOTE                                                                            Page 1 of 2




                                                                                                                      US-0010800

                                                                                                       US-0010800

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