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EXHIBIT 10.5
___________________________________________________________________________________________________________
XXXXXXX/RIVERSIDE PARKWAY INC. FIRST NATIONAL BANK IN PAWHUSKA ACCOUNT #: 666580
0000 X. XXXX, XXXXX 000 100 W MAIN ST PO BOX 809 Loan Number _______________________
XXXXX, XX 00000 XXXXXXXX, XX 00000 Date FEBRUARY 10, 1995
______________________________ Maturity Date APRIL 11, 1995
______________________________ Loan Amount $20,060.00
______________________________ Renewal Of ________________________
BORROWER'S NAME AND ADDRESS LENDER'S NAME AND ADDRESS
"I" includes each borrower "You" means the lender, its
above, joint and severally. successors and assigns.
___________________________________________________________________________________________________________
For value received, I promise to pay to you, of your order, at your address listed above the PRINCIPAL sum
of TWENTY THOUSAND SIXTY AND NO/100 * * * * * * * * * * Dollars $20,060.00
[XX] SINGLE ADVANCE: I will receive all of this principal sum on FEBRUARY 10, 1995. No additional advances
are contemplated under this note.
[ ] MULTIPLE ADVANCE: The principal sum shown above is the maximum amount of principal I can borrow under
this note. On _____________________ I will receive the amount of $___________________ and future
principal advances are contemplated.
Conditions: The conditions for future advances are
___________________________________________________
______________________________________________________________________________________________________
______________________________________________________________________________________________________
[ ] OPEN END CREDIT: You and I agree that I may borrow up to the maximum amount of principal more than
one time. This feature is subject to all other conditions and expires on________________________.
[ ] CLOSED END CREDIT: You and I agree that I may borrow up to the maximum only one time (and subject
to all other conditions).
INTEREST: I agree to pay interest on the outstanding principal balance from FEBRUARY 10, 1995 at the rate
of 12.000% per year until APRIL 11, 1995.
[ ] VARIABLE RATE: This rate may then change as stated below.
[ ] INDEX RATE: The future rate will be _____________________ the following index rate:_______________
______________________________________________________________________________________________________
______________________________________________________________________________________________________
[ ] NO INDEX: The future rate will not be subject to any internal or external index. It will be
entirely in your control.
[ ] FREQUENCY AND TIMING: The rate on this note may change as often as ______________________________.
A change in the interest rate will take effect ________________________________________________.
[ ] LIMITATIONS: During the term of this loan, the applicable annual interest rate will not be more
than ______________% or less than _______________________%.
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:
[xx] on the same fixed or variable rate basis in effect before maturity (as indicated above).
[ ] at a rate equal to .
_____________________________________________________________________________
[ ] LATE CHARGE: If a payment is made more than ___________ days after it is due, I agree to pay a late
charge of .
___________________________________________________________________________________________
[ ] ADDITIONAL CHARGES: In addition to interest, I agree to pay the following charges which [ ] are
[ ] are not included in the principal amount above:_________________________________________________.
PAYMENTS: I agree to pay this note as follows:
[XX] INTEREST: I agree to pay accrued interest WITH THE PRINCIPAL.
_____________________________________________________________________________________________________
[XX] PRINCIPAL: I agree to pay the principal APRIL 11, 1995.
_____________________________________________________________________________________________________
[XX] INSTALLMENTS: I agree to pay this note in _______ payments. The first payment will be in the amount
of $_________________ and will be due ________________________________________________________. A
payment of $_____________ will be due ____________________________________________________ thereafter.
The final payment of the entire unpaid balance of principal and interest will be due_________________
.
ADDITIONAL TERMS:
THIS NOTE IS FURTHER SECURED BY COLLATERAL AS DESCRIBED IN SECURITY AGREEMENT ATTACHED DATED 02/10/95.
PURPOSE: The purpose of this loan is BUSINESS: SIGNATURES: I AGREE TO THE TERMS OF THIS NOTE
CONSTRUCTION EXPENSE INCLUDING THOSE ON PAGE 2). I have received a copy
on today's date.
Signature for Lender XXXXXXX/RIVERSIDE PARKWAY INC.
X BY:
______________________________________________ ____________________________________________________
XXXXXXX X. XXXXXXXXX, PRESIDENT L. XXXXXXX XXXXX, XX., CHAIRMAN
______________________________________________ ____________________________________________________
UNIVERSAL NOTE ____________________________________________________
@ 1984, 1991 BANKERS SYSTEMS, INC., ST. CLOUD, MN (1-800-397-2341) FORM UN 6/30/91 (page 1 of 2)
