Barclays Bank PLC v. Johnson

McGEE, Judge.

Defendant executed a promissory note for $28,979.15 on 27 January 1993 in favor of Healthco International, Inc. to secure payment for dental supplies defendant purchased from Healthco for his dental practice. The pertinent language of the note provided that it was:

[p]ayable in zzzzzzz, Successive Monthly Installments of $ - Each, and in 11 Successive Monthly Installments of $2,414.92 Each thereafter, and in a final payment of $2,415.03 thereafter. The first installment being payable on the _day of_19_, and the remaining installments on the same date of each month thereafter until…