13,500,220.00 Chicago, Illinois May 1, 1997 FOR VALUE the undersigned DULUTH MASTER TRUST, an Ohio business trust (-Borrower'), and DULUTH LEASE, INC., a Delaware corporation ("Co-Borrower"), promise to pay to the order of AIM FINANCIAL CORPORATION...Secured Recourse Note • October 6th, 1997 • Tropic Communications Inc • Services-computer rental & leasing
FOR VALUE the undersigned DULUTH MASTER TRUST, an Ohio business trust (-Borrower'), and DULUTH LEASE, INC., a Delaware corporation ("Co-Borrower"), promise to pay to the order of AIM FINANCIAL CORPORATION (together with any other holder hereof, "Lender") at its office at 30 North LaSalle Street, Suite 4030, Chicago, Illinois 60602-2588 or at such other place as Lender may from dm to time d te in writing, without grace, the principal sum of Thirteen Million Five Hundred Thousand Two Hundred Twenty and 00/100 Dollars ($13,500,220.00), together with interest on the unpaid balance of the principal from time to time outstanding at rate equal to seventeen and seven hundred twenty-three hundredths percent (17.723 %) per annum (the 'Loan Rate-).
