RENEWAL TERM NOTERenewal Term Note • June 8th, 2000 • McClendon Transportation Group Inc
FOR VALUE RECEIVED, the undersigned GLENN MCCLENDON TRUCKING COMPANY, INC., an Alabama corporation, successor by merger to MCCLENDON SERVICES CORPORATION (hereinafter called "Borrower"), promises to pay to the order of COLUMBUS BANK AND TRUST COMPANY, a Georgia banking Corporation (herein, together with any assignee or holder hereof, called "Bank"), at Bank's principal place of business in Columbus, Georgia, or at such other place as Bank may designate and notify the undersigned, the principal sum of FOUR HUNDRED AND EIGHTY THOUSAND DOLLARS ($480,000.00), together with interest from date on the unpaid balance of said principal sum at the rate specified hereinbelow, together with all costs of collection, including reasonable attorneys fees if collected by law or through an attorney at law.
