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AGREEMENT
This Agreement is made between United States Telecommunications, Inc.
(Tel) and Xxxxxx Xxxxxxx (Xxxxxxx).
Whereas: Tel desires to borrow One Hundred Fifty Thousand ($150,000) Dollars
from Xxxxxxx; and:
Whereas: Xxxxxxx agrees to loan Tel One Hundred Fifty Thousand ($150,000)
Dollars total, and:
Whereas: The consideration for said loan shall be a full payment to Xxxxxxx
of said One Hundred Fifty Thousand ($150,000) Dollars, to United States
Telecommunications, Inc. Said loan shall be due and payable in full, at ten
(10%) percent APR, not later than September 28, 2000.
Whereas: Facsimile signatures are deemed original for the purpose of this
document.
Agreed upon this 22nd Day of September, 1998.
/s/ XXXXXX XXXXXXX /s/ XXXXXXX XXXXXXX
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Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxx
President of United States
Telecommunications, Inc.
