87103808 - Laserfiche WebLink

Browse

a EX "A" 87-- 103808 pK)MISSORY NOTE AND FEDERAL DISCLOSURE John A Wagoner, Jr , M.D. S 40,000.00 Name Amount of Note 204 Tiest 23rd Grand Island NE 68801 April 30 1986 Address Date df Note For value received, I promise to pay to the order of Internal Medical Associates of Grand Island, P.C. Profit- Sharing Plan, c/o Norwest Bank Nebraska, N.A., the suns of forty thousand dollars ($40,000.00) with interest at the rate the 7.0 percent per annum, beginning on the 1st day of June, 1986, and payable on same date of each succeeding month until paid in full. I have a right to pay the full indebtedness prior to maturity. All payments are to be ;,ade at the office of the trustee. Payment shall be made in full on or before the lst day of May, 1996. Upon default in thte layment of any installment, or upon any of the following events, the failure to pay any payment, the insolvency of the borrower, the filing of any petition under the provisions of the Federal Bankruptcy Act, or the issuance of any attachment or execution against any of the assets of the borrower, and at the option of the holder of this note, all monies; ii payable uunndder this rate shall be due and immediately payable until payment ' Principal and interest shall be payable in lawful money of the United States. I secure this loan by a pledge and irrevocable assignment of the borrower's ' vested interest in the Internal Medical Associates of Grand Island, P.C. Profit - Sharing Plan, a copy of which is provided with this note. I am obligated and liable under this promissory note and hereby consent to renewals, replacements and extension of time for payment hereof before, at or after maturity and consent to the acceptance of security or substituted security for this note and waive presentment, the right to assert any statute of limitations, demand, protest and notice of dishonor and of any renewal or extension of the note and consent to any such renewal or extension. If I do not pay this note when due, I promise to pay all costs of collection and reasonable attorneys' fees incurred by the holder of this note on account of such collection, whether or not suit is filed on this note. :ire provisienQ of this pram -•spry note shall apply in the plural and shall have full force and effect to any guarantor who signs this note in such capacity. ADDRESS- CITY PHONE 204 West 23rd Grand Island, NE 68801 (308) 381 -7681 GtARAM OF PAYMESlf OF NOTE BY INDORSERS In consideration of the credit extended on this none by the Payee. the under- signed jointly and severally unconditionally guaranty the payment of the Note and all costs, expenses and attorney's fees incurred in its collection and enforcement. We naive presentment, demand, protzst and notice of dishonor and of any renewal or ion of��the Note and consent to any such renewal and extension. Indorser rear Alt u Alt