On April $18$ Madeline pays $$3,500$ for a promissory note written by Jack to Zoe. The promissory note states that Jack will pay Zoe $$5,000$ on March $1.$ Zoe signed the note over to Madeline. In this case:

Madeline is on notice that the instrument is defective.

Madeline has met the notice requirements to be a HDC$.$

Madeline is a HDC$.$

Madeline is not a HDC because she has not performed yet.