Promissory note verbiage for multiple draws

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We are trying to create a promissory note for a fix and flip project where funds will be released based on completed milestones.  Does anyone have a good example of such a clause?

"Progress Payments"  typical of a contractors bid authorization:

  1. 10% binding fee
  2. 40% complete -> 30% payment
  3. 70% complete -> 30% payment
  4. 100% complete -> 30% payment
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