THIRD AMENDED, CONSOLIDATED AND RESTATED PROMISSORY NOTEPromissory Note • April 2nd, 2007 • Citizens Financial Corp /Ky/ • Accident & health insurance
Contract Type FiledApril 2nd, 2007 Company IndustryThis Third Amended, Consolidated and Restated Promissory Note (this “Note”) amends, consolidates, restates and replaces the Second Amended, Consolidated and Restated Promissory Note ($5,330,000) dated as of December 28, 2006 made by Maker to the order of Payee (the “Prior Note”). This Note is not intended to be and shall not be construed as a novation of the indebtedness evidenced by the Prior Note. This Note shall be entitled to the benefits (in the same priority) of, inter alia, any security at any time granted and pledged by Maker to Payee in conjunction with the original execution and delivery of the Prior Note or predecessor notes or by Maker or any other person at any time thereafter. This Note also evidences an additional loan from Lender to Borrower made on the date hereof in the original principal amount of Three Hundred Thousand Dollars ($300,000.00).