If you are selling an interest in a time share property in Hawaii and allowing the buyer to pay part of the purchase price over time, secure payment of the outstanding balance by having the buyer sign this Purchase Money Promissory Note form.

The buyer will pay off the balance of the purchase price in regular installments, rather than having to come up with all of the purchase money in order to close the sale. The Note is secured by a mortgage.

This is a State of Hawaii promissory note form in MS Word format, and is fully editable to fit your specific circumstances.