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EXHIBIT 10.2
PROMISSORY NOTE
_________________________, Florida
__________________________, 19___
FOR VALUE RECEIVED, the undersigned promises to pay to FIRST AMERICAN
CAPITAL TRUST, INC. (hereinafter, together with any holder hereof, called
"Holder") at Two Prestige Place, 0000 XxXxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxxx,
Xxxxxxx 00000, or at such other place as the Holder may from time to time
designate in writing, the principal sum of any amount advanced hereunder with
no interest thereon. This Note is repayable only as specified in the
Registration Statement of the undersigned declared effective by the United
States Securities and Exchange Commission on _________________.
This Note has been executed and delivered in, and their terms and
provisions are to be governed and construed by the laws of the State of
Florida.
This Note may not be prepaid in whole or in part at any time.
IN WITNESS WHEREOF, the undersigned has caused this Note to be executed on
the day and year first above written.
FACT OF WEST FLORIDA, INC., a Florida corporation
By:_________________________________________
XXXXX X. XXXXXXXX, President
The required excise tax on documents has been paid and stamps have been affixed
hereto.
