INSTALLMENT PROMISSORY NOTE

$25,000.00

Date: May 08, 2012

For value received, the undersigned Dorian Mayhew Rothschild (the "Borrower"), at 60 Arthur
St., San Rafael, California 94901, promises to pay to the order of Redwood Credit Lenders, (the
"Lender"), at 123 Main St., Mill Valley, California 94941, (or at such other place as the Lender
may designate in writing) the sum of $25,000.00 with interest from November 01, 2012, on the
unpaid principal at the rate of 2.875% per annum.
I. TERMS OF REPAYMENT
A. Payments. Unpaid principal after the Due Date shown below shall accrue interest at a rate
of 5.25% annually until paid.
The unpaid principal and accrued interest shall be payable in monthly installments of $281.44,
beginning on December 1, 2012, and continuing until March 1, 2021, (the "Due Date"), at
which time the remaining unpaid principal and interest shall be due in full.
B. Application of Payments. All payments on this Note shall be applied first in payment of
accrued interest and any remainder in payment of principal.
C. Late fees. The Borrower promises to pay a late charge of $50.00 for each installment that
remains unpaid more than 5 day(s) after its Due Date. This late charge shall be paid as
liquidated damages in lieu of actual damages, and not as a penalty.
D. Acceleration of Debt. If any payment obligation under this Note is not paid when due, the
remaining unpaid principal balance and any accrued interest shall become due immediately at
the option of the Lender.
II. PREPAYMENT
The Borrower reserves the right to prepay this Note (in whole or in part) prior to the Due Date
with no prepayment penalty.
III. COLLECTION COSTS
If any payment obligation under this Note is not paid when due, the Borrower promises to pay all
costs of collection, including reasonable attorney fees, whether or not a lawsuit is commenced as
part of the collection process.
IV. DEFAULT

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If any of the following events of default occur, this Note and any other obligations of the Borrower
to the Lender, shall become due immediately, without demand or notice:
1) the failure of the Borrower to pay the principal and any accrued interest in full on or before
the Due Date;
2) the death of the Borrower or Lender;
3) the filing of bankruptcy proceedings involving the Borrower as a debtor;
4) the application for the appointment of a receiver for the Borrower;
5) the making of a general assignment for the benefit of the Borrower's creditors;
6) the insolvency of the Borrower;
7) a misrepresentation by the Borrower to the Lender for the purpose of obtaining or
extending credit.
V. SEVERABILITY OF PROVISIONS
If any one or more of the provisions of this Note are determined to be unenforceable, in whole or
in part, for any reason, the remaining provisions shall remain fully operative.
VI. MISCELLANEOUS
All payments of principal and interest on this Note shall be paid in the legal currency of the United
States. The Borrower waives presentment for payment, protest, and notice of protest and
nonpayment of this Note.
No renewal or extension of this Note, delay in enforcing any right of the Lender under this Note,
or assignment by Lender of this Note shall affect the liability or the obligations of the Borrower. All
rights of the Lender under this Note are cumulative and may be exercised concurrently or
consecutively at the Lender's option.
VII. GOVERNING LAW
This Note shall be construed in accordance with the laws of the State of California.
IN WITNESS WHEREOF, this Agreement has been executed and delivered in the
manner prescribed by law as of the date first written above.
Signed this _____ day of _______________, _____, at ___________________________,
_________________________ .

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Borrower:
Dorian Mayhew Rothschild

By:____________________________________________________
Dorian Mayhew Rothschild

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ASSIGNMENT
[ONLY COMPLETE THE FOLLOWING INFORMATION TO ASSIGN PAYMENTS TO
A NEW PARTY.]
For value received, the above Note is assigned and transferred to

____________________________________________, ("Assignee") of

_________________________,_________________________,
(City)(State/province)

________________________.
(Country)
Dated: _________________________

By:____________________________________________________
Redwood Credit Lenders

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AMORTIZATION SCHEDULE
Annual Percentage Rate = 2.8750%
Payment
Number

Payment
Date

Total
Payment

Principal = $25000.00

Interest
Amount

Principal
Amount

Loan
Balance

------------------------------------------------------------------------0

11/01/2012

0.00

0.00

0.00

25000.00

12/01/2012

281.44

59.90

221.54

24778.46

------------------------------------------------------------------------Subtotals

281.44

59.90

221.54

1/01/2013

281.44

59.37

222.07

24556.39

2/01/2013

281.44

58.83

222.61

24333.78

3/01/2013

281.44

58.30

223.14

24110.64

4/01/2013

281.44

57.77

223.67

23886.97

5/01/2013

281.44

57.23

224.21

23662.76

6/01/2013

281.44

56.69

224.75

23438.01

7/01/2013

281.44

56.15

225.29

23212.72

8/01/2013

281.44

55.61

225.83

22986.89

10

9/01/2013

281.44

55.07

226.37

22760.52

11

10/01/2013

281.44

54.53

226.91

22533.61

12

11/01/2013

281.44

53.99

227.45

22306.16

13

12/01/2013

281.44

53.44

228.00

22078.16

------------------------------------------------------------------------Subtotals

3377.28

676.98

2700.30

14

1/01/2014

281.44

52.90

228.54

21849.62

15

2/01/2014

281.44

52.35

229.09

21620.53

16

3/01/2014

281.44

51.80

229.64

21390.89

17

4/01/2014

281.44

51.25

230.19

21160.70

18

5/01/2014

281.44

50.70

230.74

20929.96

19

6/01/2014

281.44

50.14

231.30

20698.66

20

7/01/2014

281.44

49.59

231.85

20466.81

21

8/01/2014

281.44

49.04

232.40

20234.41

22

9/01/2014

281.44

48.48

232.96

20001.45

23

10/01/2014

281.44

47.92

233.52

19767.93

24

11/01/2014

281.44

47.36

234.08

19533.85

25

12/01/2014

281.44

46.80

234.64

19299.21

------------------------------------------------------------------------Subtotals

3377.28

598.33

2778.95

26

1/01/2015

281.44

46.24

235.20

19064.01

27

2/01/2015

281.44

45.67

235.77

18828.24

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28

3/01/2015

281.44

45.11

236.33

18591.91

29

4/01/2015

281.44

44.54

236.90

18355.01

30

5/01/2015

281.44

43.98

237.46

18117.55

31

6/01/2015

281.44

43.41

238.03

17879.52

32

7/01/2015

281.44

42.84

238.60

17640.92

33

8/01/2015

281.44

42.26

239.18

17401.74

34

9/01/2015

281.44

41.69

239.75

17161.99

35

10/01/2015

281.44

41.12

240.32

16921.67

36

11/01/2015

281.44

40.54

240.90

16680.77

37

12/01/2015

281.44

39.96

241.48

16439.29

------------------------------------------------------------------------Subtotals

3377.28

517.36

2859.92

38

1/01/2016

281.44

39.39

242.05

16197.24

39

2/01/2016

281.44

38.81

242.63

15954.61

40

3/01/2016

281.44

38.22

243.22

15711.39

41

4/01/2016

281.44

37.64

243.80

15467.59

42

5/01/2016

281.44

37.06

244.38

15223.21

43

6/01/2016

281.44

36.47

244.97

14978.24

44

7/01/2016

281.44

35.89

245.55

14732.69

45

8/01/2016

281.44

35.30

246.14

14486.55

46

9/01/2016

281.44

34.71

246.73

14239.82

47

10/01/2016

281.44

34.12

247.32

13992.50

48

11/01/2016

281.44

33.52

247.92

13744.58

49

12/01/2016

281.44

32.93

248.51

13496.07

------------------------------------------------------------------------Subtotals

3377.28

434.06

2943.22

50

1/01/2017

281.44

32.33

249.11

13246.96

51

2/01/2017

281.44

31.74

249.70

12997.26

52

3/01/2017

281.44

31.14

250.30

12746.96

53

4/01/2017

281.44

30.54

250.90

12496.06

54

5/01/2017

281.44

29.94

251.50

12244.56

55

6/01/2017

281.44

29.34

252.10

11992.46

56

7/01/2017

281.44

28.73

252.71

11739.75

57

8/01/2017

281.44

28.13

253.31

11486.44

58

9/01/2017

281.44

27.52

253.92

11232.52

59

10/01/2017

281.44

26.91

254.53

10977.99

60

11/01/2017

281.44

26.30

255.14

10722.85

61

12/01/2017

281.44

25.69

255.75

10467.10

------------------------------------------------------------------------Subtotals
62

1/01/2018

3377.28

348.31

3028.97

281.44

25.08

256.36

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10210.74

63

2/01/2018

281.44

24.46

256.98

9953.76

64

3/01/2018

281.44

23.85

257.59

9696.17

65

4/01/2018

281.44

23.23

258.21

9437.96

66

5/01/2018

281.44

22.61

258.83

9179.13

67

6/01/2018

281.44

21.99

259.45

8919.68

68

7/01/2018

281.44

21.37

260.07

8659.61

69

8/01/2018

281.44

20.75

260.69

8398.92

70

9/01/2018

281.44

20.12

261.32

8137.60

71

10/01/2018

281.44

19.50

261.94

7875.66

72

11/01/2018

281.44

18.87

262.57

7613.09

73

12/01/2018

281.44

18.24

263.20

7349.89

------------------------------------------------------------------------Subtotals

3377.28

260.07

3117.21

74

1/01/2019

281.44

17.61

263.83

7086.06

75

2/01/2019

281.44

16.98

264.46

6821.60

76

3/01/2019

281.44

16.34

265.10

6556.50

77

4/01/2019

281.44

15.71

265.73

6290.77

78

5/01/2019

281.44

15.07

266.37

6024.40

79

6/01/2019

281.44

14.43

267.01

5757.39

80

7/01/2019

281.44

13.79

267.65

5489.74

81

8/01/2019

281.44

13.15

268.29

5221.45

82

9/01/2019

281.44

12.51

268.93

4952.52

83

10/01/2019

281.44

11.87

269.57

4682.95

84

11/01/2019

281.44

11.22

270.22

4412.73

85

12/01/2019

281.44

10.57

270.87

4141.86

------------------------------------------------------------------------Subtotals

3377.28

169.25

3208.03

86

1/01/2020

281.44

9.92

271.52

3870.34

87

2/01/2020

281.44

9.27

272.17

3598.17

88

3/01/2020

281.44

8.62

272.82

3325.35

89

4/01/2020

281.44

7.97

273.47

3051.88

90

5/01/2020

281.44

7.31

274.13

2777.75

91

6/01/2020

281.44

6.65

274.79

2502.96

92

7/01/2020

281.44

6.00

275.44

2227.52

93

8/01/2020

281.44

5.34

276.10

1951.42

94

9/01/2020

281.44

4.68

276.76

1674.66

95

10/01/2020

281.44

4.01

277.43

1397.23

96

11/01/2020

281.44

3.35

278.09

1119.14

97

12/01/2020

281.44

2.68

278.76

840.38

------------------------------------------------------------------------Subtotals

3377.28

75.80

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3301.48

98

1/01/2021

281.44

2.01

279.43

560.95

99

2/01/2021

281.44

1.34

280.10

280.85

100

3/01/2021

281.52

0.67

280.85

0.00

------------------------------------------------------------------------Subtotals

844.40

4.02

840.38

------------------------------------------------------------------------Grand Total

28144.08

3144.08

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25000.00