A short form promissory note evidencing indebtedness for a commercial real estate loan secured by borrower-owned real property. This Standard Document must be used with an accompanying loan agreement containing the key financial terms governing the promissory note, including the applicable interest rate, the interest rate computation, and terms governing the loan repayment and prepayment. This Standard Document is jurisdictionally neutral and may need to be modified to include state-specific provisions generally applicable to promissory notes in the governing state. This Standard Document has integrated notes with important explanations for lenders, borrowers, and their counsel.