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86107466
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Last modified
10/18/2011 10:46:28 PM
Creation date
3/31/2008 3:50:04 PM
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DEEDS
Inst Number
86107466
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EX "A" <br />86-- 107466 <br />PROMISSORY NOTE AMID FEDERAL DISCLOSURE <br />John A. Wagoner, Jr., M.D. $ 40,000.00 <br />Name Amount of Note <br />204 West 23rd Grand Island NE 68801 April 30, 1986 <br />Date of Note <br />For value received, I promise to pay to the order of Internal Medical <br />Associates of Grand Island, P.C. Profit- Sharing Plan, c/o Norwest Bank Nebraska, <br />N.A., the sum of forty thamsard dollars ($40,000.00) with interest at the rate of <br />7.0 percent per annum, beginning on the 1st day of June, 1986, and payable on the <br />same date of each succeeding month until paid inl. I have a right to pay the <br />full indebtedness prior to maturity. All p _ enrs are to be made at the office of <br />the trustee. Payment shall be made in full on or before the 1st day of May, 1996. <br />Upon default in the payment of any installment, or upon any of the following <br />events, the failure to pay any payment, the insolvency of the borrower, the filing <br />of any petition under the provisions of the Federal Bankruptcy Act, or the issuance <br />of any attachment or execution against any of the assets of the borrower, and at <br />the option of the holder of this note, all monies payable under this note shall be <br />due and immediately payable until payment in full or maturity. <br />Principal and interest shall be payable in lawful ►ropey of the United States. <br />I secure this loan by a pledge and irrevocable assignment of the borrower's <br />vested interest in the Internal Medical Associates of Grand Island, P.C. Profit - <br />Sharing Plan, a copy of which is provided with this rote. <br />I am obligated and liable under this promissory note and hereby consent to <br />renewals, replacements and extension of time for payment hereof before, at or <br />after maturity and consent to the acceptance of security or substituted security <br />for this note and waive presentment, the right to assert any statute of limitations, <br />demand, protest and notice of dishonor and of any renewal or extension of the note <br />and consent to any such renewal or extension. <br />If I do not pay this note when due, I promise to pay all costs of collection <br />and reasonable attorneys' fees incurred by the holder of this note on account of <br />such collection, whether or not suit is filed on this note. <br />The provisions of this promissory note shall apply in the plural and shall have <br />full force and effect to any quarantor who signs this note in such capacity. <br />5T('IVATURE ADDRESS -CITY PHONE <br />204 West 23rd <br />.: <br />Grand Island, NE 68801 (308) 381 -7681 <br />GUARANTY OF PAYM 4T OF NOTE BY INDORSERS <br />In consideration of the credit extended on this note by the Payee, the under- <br />signed jointly and severally unconditionally guaranty the payment of the Note and <br />all costs, expenses and attorney's fees incurred in its collection and enforcement. <br />We waive presentment, demand, protest and notice of dishonor and of any renewal or <br />ext sion of the Note and consent to any such renewal and extension. <br />� �(iC•C C Y _ <br />orser Indorser <br />L,� <br />
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