DEMAND LETTER

_______________________

_______________________

_______________________

SIR/MADAM:

This has reference to your outstanding obligation in the amount of

_________________________________________ which you have borrowed from me through
__________________________. Please be informed that since December you have failed
and continuously failed to give the amount due from you. Under our agreement,
failure to return or pay the said amount will automatically make your principal
obligation due and demandable.

In this regard, please return the amount of ____________________ on or before

__________________. If you fail to heed to this demand, I will be force to secure the
services of a counsel and file an appropriate action in the courts of justice.