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APP. `Aar 86— 1075020, John J. Cannella, M.D. $ 50,000.00 Name Amount Of Note 3617 Cottonwood Road, {rand Island, N£ 68801 March 11, 19B6 Address Date of Note For value received, I promise to pay to the order of Interndi Medical Associates of Grand Island, F.C. Profit-Sharing Pim, /o Norwest Bark Nebraska, N.A., the sin of fifty thousand dollars )$50, .00) with interest at the rate of 7.5 percent per ate, beginning on the 15th day of April, 198£, and payable an the same date of each succeeding month until paid in full. I have a right to pay the .full izzlebtedness prior to maturity. All payments are to be made at the office of the trustee. Payment shall be made in full on or before the 15th day of March, 1956. Upon default in the payment of any installment, or upon any of the following events, the failure to ply 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 payable under this note shall be due and immediately payable until payment in fuII or maturity. Principal and interest sha l 7 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 far 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 tiled on this note. tine provisions of this promissory note snail apply in the plural and shall have full force and effect to any quarantor who signs this now in such capacity- ADDRESS-CITY 2617 Cottonwood Road Join -�L r z�� Grand Island, NE 68801 GUARANTY OF PAYM NE OF NOTE BY 1r7! CR.SERS PHONE (308) 381 -1666 In consideration of the credit extexided on this nuts- by the 11uyee, the Lmdur- signed jointly and severally unconditionally guaranty the payrn -it of the Ncte and all costs, expenses and attorney's fees ;TH=,ssd in its collection and enforcement - lie waive presentment, dew, protest and notice of dishonor and of anv renewal or extension of the Note and consent to any such renewal and extension. Indorser I