1 EXHIBIT 10(e)(3) LOAN AGREEMENT AND PROMISSORY NOTE This Loan Agreement and Promissory Note (this "NOTE") is made as of May 5, 1999 between Saga Communications, Inc. (the "LENDER") and Edward K. Christian (the "BORROWER"). Lender hereby agrees to...Loan Agreement • March 27th, 2000 • Saga Communications Inc • Radio broadcasting stations • Michigan
