Common use of Closed End Credit Clause in Contracts

Closed End Credit. You and I agree that I may borrow (subject to all other conditions) up to the maximum principal sum only one time. INTEREST: I agree to pay interest on the outstanding principal balance from 03-18-2002______________________________________ at the rate of 5.250 % per year until 03-19-2002. |X| Variable Rate: This rate may then change as stated below. |X| Index Rate: The future rate will be 0.500 PERCENT ABOVE the following index rate: THE HIGHEST RATE ON CORPORATE LOANS POSTED BY AT LEAST 75% OF THE USAS THIRTY LARGEST BANKS KNOWN AS THE WALL STREET JOURNAL PRIME RATE. THE RESULT OF THIS CALCULATION WILL BE ROUNDED TO THE NEAREST 0.125 |_| No Index: The future rate will not be subject to any internal or external index. It will be entirely in your control. |X| Frequency and Timing: The rate on this note may change as often as EVERY DAY BEGINNING 03-19-2002 . A change in the interest rate will take effect ON THE SAME DAY . |_| Limitations: During the term of this loan, the applicable annual interest rate will not be more than % or less than___%. The rate may not change more than _____________________________________________________________% each . Effect of Variable Rate: A change in the interest rate will have the following effect on the payments: |X| The amount of each scheduled payment will change. |X| The amount of the final payment will change. |_| . ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: |X| on the same fixed or variable rate basis in effect before maturity (as indicated above). |_| at a rate equal to . |X| LATE CHARGE: If a payment is made more than 10 days after it is due, I agree to pay a late charge of 5.000% OF THAT LATE AMOUNT .

Closed End Credit. You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions) up to the maximum principal sum only one time). INTEREST: I agree to pay interest on the outstanding principal balance from 03-18-20024/29/98 at variable rate indicated below until paid in full, the initial interest rate being 10.500%. [ ] VARIABLE RATE: This rate may then change as stated below. [ ] INDEX RATE: The future rate will be 2.000% PLUS the following index rate: INDEX 16 - WALL STREET JOURNAL DAILY. [ ] NO INDEX: The future rate will not be subject top any internal or external index. It will be entirely in your control. [X] FREQUENCY AND TIMING: The rate on this note may change as often as daily. A change in the interest rate will take effect same day as prime changes. [ ] LIMITATIONS: During the term of this loan, the applicable annual interest rate will not be more than _____________________% each _______________________. EFFECT OF VARIABLE RATE: A change in the interest rate will have the following effect on the payments: [ ] The Amount of each scheduled payment will change. [ ] The Amount of the final payment will change. ACCRUAL METHOD: Interest will be calculated on a actual/365 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: [X] on the same fixed or variable rate basis in effect before maturity (as indicated above). [ ] at a rate equal to _____________________________________. [X] LATE CHARGE: If a payment is made more than 10 days after it is due, I agree to pay a late charge of 5% of regular payment or $50.00, whichever is less. [X] ADDITIONAL CHARGES: In addition to interest, I agree to pay the following charges which [ ] are [X]are not included in the principal amount above: $2,500.00 TRANSACTION FEE PER EACH ADVANCE. PAYMENTS: I agree to pay this note as follows: [X] INTEREST: I agree to pay accrued interest at maturity. [X] PRINCIPAL: I agree to pay the principal at maturity on May 18, 2000. [ ] INSTALLMENTS: I agree to pay this note in ___________ at the rate of 5.250 % per year until 03-19-2002payments. |X| Variable Rate: This rate may then change as stated below. |X| Index Rate: The future rate first payment will be 0.500 PERCENT ABOVE in the following index rate: THE HIGHEST RATE ON CORPORATE LOANS POSTED BY AT LEAST 75% OF THE USAS THIRTY LARGEST BANKS KNOWN AS THE WALL STREET JOURNAL PRIME RATE. THE RESULT OF THIS CALCULATION WILL BE ROUNDED TO THE NEAREST 0.125 |_| No Index: The future rate will not be subject to any internal or external index. It amount of $ _____________________________ and will be entirely in your control. |X| Frequency and Timing: The rate on this note may change as often as EVERY DAY BEGINNING 03-19-2002 . A change in the interest rate will take effect ON THE SAME DAY . |_| Limitations: During the term of this loan, the applicable annual interest rate will not be more than % or less than___%. The rate may not change more than due ______________________________________________________ thereafter. The final payment of the entire unpaid balance of principal and interest will be due ________% each ______________________________. Effect [ ] If checked, and this loan is secured by a first lien on real estate, then any accrued interest not paid when due (whether due by reason of Variable Rate: A change in a schedule of payments or due because of lenders demand) will become part of the principal thereafter, and will bear interest at the interest rate will have the following in effect on the paymentsfrom time to time as provided for in this agreement. ADDITIONAL TERMS: |X| THIS LOAN IS SECURED BY 100% OF THE OUTSTANDING STOCK OF STEWXXX FINANCE COMPANY, UNION POINT, GEORGIA, AND $1,500,000.00 LIFE INSURANCE POLICY COVERING THE LIFE OF BEN XXXXXXX XXX ASSIGNMENT OF PAYMENT-ESCROW ACCOUNT. [ ] SECURITY: This note is separately secured by PURPOSE: The amount of each scheduled payment will change. |X| The amount of the final payment will change. |_| . ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance purpose of this note owing after maturityloan is (describe separate document by type and date): SHORT-TERM CASE RELATED TO DIRECT DEPOSIT. SIGNATURES AND SEALS: IN WITNESS WHEREOF, and until paid in fullI HAVE SIGNED MY NAME AND AFFIXED MY SEAL ON THIS _______________ _______________. BY DOING SO, as stated below: |X| on the same fixed or variable rate basis in effect before maturity I AGREE TO THE TERMS OF THIS NOTE (as indicated aboveINCLUDING THOSE ON PAGE 2). |_| at a rate equal to I HAVE RECEIVED A COPY ON TODAY'S DATE. |X| LATE CHARGE: If a payment is made more than 10 days after it is due, I agree to pay a late charge of 5.000% OF THAT LATE AMOUNT .Signature for Lender ------------------------------------ (Seal) STEWXXX XXXANCE COMPANY 58-1000000 ---------------------------------------------------- -------------------------------------(Seal) BEN XXXXXXX ---------------------------------------------------- -------------------------------------(Seal) -------------------------------------(Seal)

Closed End Credit. You and I agree that I may borrow up to the maximum only one time (and subject to all other conditions) up to the maximum principal sum only one time). INTEREST: I agree to pay interest on the outstanding principal balance from 03-18-2002______________________________________ MAY 12, 1999 at the rate of 5.250 8.750% per year until 03-19-2002FIRST CHANGE DATE. |X| Variable RateXX VARIABLE RATE: This rate may then change as stated below. |X| Index RateXX INDEX RATE: The future rate will be 0.500 PERCENT ABOVE 1.000% OVER the following index rate: THE HIGHEST RATE ON CORPORATE LOANS POSTED BY AT LEAST 75% OF THE USAS THIRTY LARGEST BANKS KNOWN AS THE WALL STREET JOURNAL CHASE MANHATTAN PRIME RATE. THE RESULT OF THIS CALCULATION WILL BE ROUNDED TO THE NEAREST 0.125 |_| No Index-------------------------------------------------------------------------- -------------------------------------------------------------------------- ___ NO INDEX: The future rate will not be subject to any internal or external index. It will be entirely in your control. |X| Frequency and TimingXX FREQUENCY AND TIMING: The rate on this note may change as often as EVERY DAY BEGINNING 03-19-2002 DAILY. A change in the interest rate will take effect ON THE SAME DAY . |_| Limitations___ LIMITATIONS: During the term of this loan, the applicable annual interest rate will not be more than __________% or less than___%than ________%. The rate may not change more than __________% each ___________________________________________________% each . Effect of Variable RateEFFECT OF VARIABLE RATE: A change in the interest rate will have the following effect on the paymentspayouts: |X| ___ The amount of each scheduled payment will change. |X| ___ The amount of the final initial payment will change. |_| XX THE AMOUNT DUE AT MATURITY WILL CHANGE. ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 ACTUAL/365 basis. POST MATURITY RATE: I agree to pay interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: |X| ___ on the same fixed or variable rate basis in effect before maturity (as indicated above). |_| XX at a rate equal to 18.00%. |X| XX LATE CHARGE: If a payment is made more than 10 days after it is due, I agree to pay a late charge of 5.000% OF THAT THE LATE AMOUNT .PAYMENT WITH A MINIMUM OF $5.00. XX

Closed End Credit. You and I agree that I may borrow (in aggregate an amount not to exceed the principal sum shown above. Amounts I repay under this Note may not be re-borrowed later. My right to borrow is subject to all other conditions) up to the maximum principal sum only one timeconditions and expires on . |X| INTEREST: I agree to pay interest on the outstanding principal balance from 03-18-2002______________________________________ from: May 05, 2006 at the rate of 5.250 7.750000% per year until 03-19-2002the index rate changes. |X| Variable Rate: This rate may then change as stated below. |X| Index Raterate: The future rate will be 0.500 PERCENT 0.000% ABOVE the following index rate: LENDER'S PRIME, WHICH IS THE HIGHEST BASE RATE ON CORPORATE USED BY LENDER TO SET INTEREST RATE AT WHICH LOANS POSTED BY AT LEAST 75% OF THE USAS THIRTY LARGEST BANKS KNOWN AS THE WALL STREET JOURNAL ARE MADE TO VARIOUS CUSTOMERS. LOANS MAY NOT BE MADE AT, ABOVE OR BELOW SAID PRIME RATE. THE RESULT OF THIS CALCULATION WILL BE ROUNDED TO THE NEAREST 0.125 |_| No Index: The future rate will not be subject to any internal or external index. It ________ it will be entirely in your control. |X| Frequency and Timing: The rate on this note may change as often as EVERY DAY BEGINNING 03-19-2002 DAILY. A change in the interest rate will take effect ON WHEN THE SAME DAY INDEX RATE CHANGES. |_| |X| Limitations: During the term of this loan, the applicable annual interest rate will not be more than ______% or less than___%. than 6.00% The rate may not change more than _____% each___________. Effect of Variable Rate: A change in the Interest rate will have the following effect on the payments: |X| The amount of each scheduled payment will change. |_| The amount of the final payment will change. |_| ----------------------------------------------------------------------- ACCRUAL METHOD: Interest will be calculated on a ACTUAL # DAYS/360 - DAY YEAR basis. POST MATURITY RATE: I agree to pay Interest on the unpaid balance of this note owing after maturity, and until paid in full, as stated below: |X| on the same fixed or variable rate basis in effect before maturity (as indicated above). |_| at a rate equal to ___________________________________________________. |X| LATE CHARGE: I agree to pay a late charge on the portion of any payment not made within 10 days after it is due equal to 5% OF THE UNPAID AMOUNT WITH A MINIMUM OF $25.00. |X| ADDITIONAL CHARGES: In addition to interest, I agree to pay the following charges which |_| are |X| are not included in the principal amount above: ---------------------------------------------------------------------------- $250.00 BANK PROCESSING FEE, ---------------------------------------------------------------------------- PAYMENTS: I agree to pay this note as follows: |X| Interest: I agree to pay accrued Interest MONTHLY Beginning June 20, 2006 ---------------------------------- -------------------------------------------------------------------------------- |X| Principal: I agree to pay the principal May 20, 2007 ------------------------------------ -------------------------------------------------------------------------------- |_| Installments: I agree to pay this note In _______ payments. The first payment of $ _____ will be due __________% each _______. Effect A payment of Variable Rate: A change in the interest rate $ _______________ will have the following effect on the payments: |X| be due __________________ thereafter. The amount of each scheduled final payment will change. |X| The amount of the final payment will change. |_| . ACCRUAL METHOD: Interest will be calculated on a ACTUAL/360 basis. POST MATURITY RATE: I agree to pay interest on the entire unpaid balance of this note owing after maturity, principal and until paid in full, as stated below: |X| on the same fixed or variable rate basis in effect before maturity (as indicated above). |_| at a rate equal to . |X| LATE CHARGE: If a payment is made more than 10 days after it is due, I agree to pay a late charge of 5.000% OF THAT LATE AMOUNT interest will be due __________________________.