PROMISSORY NOTE AND SECURITY AGREEMENT DATED APRIL 30, 2008Promissory Note and Security Agreement • May 5th, 2008 • V2K International Inc • Miscellaneous furniture & fixtures • Colorado
Contract Type FiledMay 5th, 2008 Company Industry JurisdictionFOR VALUE RECEIVED, V2K Window Fashions, Inc., a Colorado corporation (“Borrower”), hereby promises to pay to the order of Gordon E. Beckstead and Victor J. Yosha (the “Lenders”), at the address of Lenders set forth herein, the principal amount of FIFTY THOUSAND DOLLARS ($50,000), with TWENTY-FIVE THOUSAND DOLLARS ($25,000) payable to each Lender (the “Loan”), together with interest. This Promissory Note (“Note”) has been executed by Borrower on the date set forth above (the “Effective Date”).