NOTE AMOUNT INDEX (w/Margin) RATE MATURITY DATE LOAN PURPOSE $2,000,000.00 Mercantile Bank Prime 4.75% 06/30/05 Commercial Rate plus 0.500% Creditor Use Only --------------------------------------------------------------------------...Promissory Note and Security Agreement • July 25th, 2003 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • Florida
