Notice of Default in Dishonor

ABC Mortgage 123 Main Anywhere, Utah Date: ___________ This is a Notice of Default upon the instrument entitled Promissory Note Number JHS0001 resented to you on or a!out ""#""#$%, with the Notice of Fault in Dishonor dated "#""#$1& By the terms and 'onditions o( the agreement 'ontained in that presentation, you are under o!ligation to timely and in good (aith protest and or ma)e proper presentment with proo( o( your 'laim& *our (ailure to do so is a dishonor and pla'es you at default, (ully dis'harging the alleged de!t, ha+ing dishonored the Tender ,((er& By your default, you are deemed to !e in !ad (aith, +iolation o( pu!li' trust, !ond, and#or ministerial duty to do that whi'h is right, that you ha+e instanter wai+ed, yielded up any 'laim to your original presentment& Any attempt to 'olle't on this now dis'harged o!ligation a(ter your de(ault and dishonor pla'es you personally at ris) (or any damages in'urred and may su!-e't you to 'riminal san'tions& .see u!li' /aw 0311$2 ,( this presentment ta)e due Notice and heed, and go+ern yoursel( a''ordingly& Notice to Principal is Notice to Agent and Notice to Agent is Notice to Principal Until then 3 remain4 5ery truly yours, _____________________ 6ohn 7enry 8mith 123 Main Anywhere, Utah ______________________________________________________________________________________ fault: lac!"s #a$ Dictionary% &th ed'% page ()* 9Ameri'an /aw : ;egligen'e< a error or de(e't o( -udgment or 'ondu't< any de+iation (rom pruden'e, duty, or re'titude< any short'oming, or negle't o( 'are or per(orman'e resulting (rom inattention, in'apa'ity, or per+ersity< a wrong tenden'y, 'ourse, or a't< !ad (aith or mismanagement< negle't o( duty&= Default: lac!"s #a$ Dictionary% &th ed'% page +0+' 9!y its deri+ation, a (ailure& An omission o( that whi'h ought to !e done& 8pe'i(i'ally, the omission or (ailure to per(orm a legal duty& The term also em!ra'es the idea o( dishonest, and o( wrong(ul a't&=

Ex Dolo malo non oritur actio