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<br /> 1.� l�o�nnts ar�d Oue Dates a� Znstaalments� Hec�inning witt► the
<br /> f$rst ;:Month�y Dwe Date (as defin�d in 14.2} �oll�wing tltie c�atl�
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<br /> �eereoE, I�aker �hall paX to PaXee ine�rallmente oE principal aa�i .
<br /> fn�eres� upon each and every Monthly Due Date during� the texYa
<br /> hereaf, through and including the Matus;�:tX Date (as defined in
<br /> 14.3). . . ` „ �
<br /> 1.2.1 Initial inatallments. The amount of eacn monthly
<br /> inatallment due and payable on the first three Moc�t�ly Due
<br /> Dakes shall be Eight Thoueand Eour Bundred Nine ancY 14/100
<br /> Do�lars ($8,40�.14).
<br /> 1.2.2 Subsequ�nt inst�►1lmente. The amount of eaah monthiy
<br /> inetallment due and �ayable upon eack� of the three Monthly Due
<br /> Dates Pollowing eaah Chaage Date shall be the amount ,
<br /> (determined by Payee) �hicb shall be aufficient to repay in
<br /> Fuil by the Maturity Date the autstanding �rincipal bal�nae
<br /> awing hereua8er on such Change Date, together with 3nterest
<br /> thereon at the Variable Interest Rate [as defined in 14.4�
<br /> eatablished for the three month period F�ilowing auch Change
<br /> Date, in equal monthly installments.
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<br /> 2. Application of Payments. All payments an account of the
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<br /> indebtec3ness evidenced by this Promissory Note ahall be first
<br /> applied to the payment of accrued but unpaid it�terest, then to late
<br /> charges, if any, due and payabie, ancl the excess remainfng �
<br /> thereafter sha11 be credited to principal.
<br /> � 3. Place of Paynaerit. Ail payments hereunder shall be made to
<br /> �,�;��; �ayee at 1333 South Kirkwood Road, St. Luuis, Missouri 63122, or a�
<br /> - ''' "�"'�"'� such other plaae as the Payse may f rom t ime to time designate i n
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<br /> •��g��� writing, delbvered or mailed to the Maker. �
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<br /> �_ ��::�;. 9. Prepaymen.t. Maker reservea the right to prepay this Promissory
<br /> `- `��������� Note in whole, or sub�ect to the con3itions hereinafter stated, in '�.'�.
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<br /> ..��:rr�=����:` part, on any installment payment date without premiums or penalty -
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<br /> �';'�,':���� and wfthout prior notice to the Payee. Any such prepayment ahall
<br /> `��`r�'�'�`� �� be first applied against accrued but unpaid interest, and the
<br /> excess, if any, ehall be applied againat principal. No such
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<br /> �,.a,�;: partial prepayment shall relieve Maker of ita oblfgatian to pay the
<br /> ������ ~� next, and subaequent, monthly installment(s) hereunder until the
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<br /> �4�-�*�����w 5. Security. This Promfasory Note is secur�d by a deed of Cruat
<br /> •w��'�v',� or mortgage �xecuted as of the same date thia Promisaory Note has
<br /> �;��1��t`i•,� _
<br /> '�"�� been si ned, on real eatate situate6 ..m the Count of Hall, 3tate
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<br /> " of Nebraska.
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