nwbo corporation & bob duane & cary hise, primesource mortgage, inc.
nwbo
corporation & xxx xxxxx & xxxx xxxx,
|
primesource
mortgage, inc.
|
|
individually
|
1112
n. main street
|
|
0000
xxxx xxxxx, xxxxx x
|
xxxxxxx,
xx 00000
|
|
fort
worth, tx 76107
|
||
xxxxxxxx’s
name and address
|
xxxxxx’s
name and address
|
For value
received, I promise to pay to you, or your order, at your address listed above
the principal
sum of ninety
eight thousand nine hundred fifty four dollars and 18/100 Dollars $98,954.18.
x Single Advance: I
will receive all of this principle sum on 05/15/2007. No additional
advances are contemplated under this note.
interest:
I agree to pay interest on the outstanding principal balance from 05/30/2008 at
the rate of 9.250% per year until 08/30/2009.
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).
|
payments:
I agree to pay this note as follows:
14
monthly interest payments of $1,000.00 each beginning 06-30-08 and 1 payment of
$96,381.53 on 08/30/09.
x security:
This note is separately secured by (described separate document by type and
date):
security
agreement dated February 16, 2007 and November 16, 2006.
signatures: I agree
to the terms of this note.
Signature
for Lender
primesource
mortgage, inc.
|
nwbo
corporation & xxx xxxxx &
xxxx xxxx, individually
|
|
|
||
/s/ Xxxxxxx X. Xxxxx
|
/s/ Xxx Xxxxx, President &
Individually
|
|
/s/ Xxxx Xxxx,
Individually
|