PROMMISORY NOTE --------------- AND --- SECURITY AGREEMENT ------------------ Between POLARIS HOLDINGS, INC. Suite 120, 2411 Fountainview Drive Houston, TX 77057 and TEXHOMA ENERGY, INC. Suite 320, 5000 Post Oak Blvd. Houston, Texas 77056 Texhoma...Promissory Note and Security Agreement • June 13th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas
This letter is both a Corporate Guarantee from Texhoma that it will fully repay the Loan-funds on or before August 10, 2006 with $100,000 partial payment by June 15, 2006. The loan is carried at an interest of 12% P.A .
