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<br />I <br /> <br />, . <br />, <br /> <br />r <br /> <br />83-001646 <br /> <br />PROMISSORY NOTE <br /> <br />FIVE THOUSAND DOLLARS <br />($5,000.00) <br /> <br />Grand Island, NebraSka <br />October 7 , 1981 <br /> <br />Five years after date, for value received, we, the undersigned, <br />promise to pay to Henry M. Showalter and Thelma M. Showalter, <br />husband and wife, as joint tenants and not as tenants in common, <br />or order, at Grand Island, Nebraska, the SQ~ of Five Thousand Dollars <br />($5,000.00) with interest at the rate of ten per cent (10%) per annum <br />prior to maturity, with interest at the highest rate permitted by <br />applicable law not to exceed fu~ per cent ( /~ %) per annum <br />after maturity. <br /> <br />Interest is payable annually on anniversary date hereof. <br /> <br />All parties to this Note, including the makers, indorsers, <br />sureties and guarantors, and whether bound by this or by separate <br />instrument or agreement, hereby waive presentment for payment, demand, <br />protest, notice of non-payment, or dishonor and of protest, and any <br />and all other notices and demands whatsoever, and hereby consent that <br />at any time, or from time to time, payment of any sum payable under <br />this Note may be extended without notice, whether for a definite or <br />indefinite time. In the event any such party to this note defaults <br />in the payment of any obligation due any creditor, then, at the option <br />of the holder hereof" this note together with the accrued interest <br />and all other loan charges thereon shall become immediately due and <br />payable. In the event the indebtedness evidenced hereby is collected <br />by or through an attorney, the holder shall be entitled to recover <br />reasonable attorneys' fees to the extent permitted by applicable law. <br /> <br />This Note is given in accordance with the terms of a Contract <br />between the parties hereto dated even date hereof, and is secured by <br />said Installment Sale Contract for Real Estate covering the following <br />described real property: Lot Twenty-One (21), Block Two (2), in <br />Sothman's Subdivision to the City of Grand Island, Hall County, Nebraska. <br />- , <br />/7 1- ,.-"7 .-, <br />1::,-" b. ~l 1-- ;::'Do4_'-\( <br />" Ricky,eith Ressel <br />-- /7 <br />Ii . .-r-" . ~/< ~ <br />L(... 1c./l..L UL..1l'l tHiJ. I . a.J <br />Annette Marie Resse <br /> <br />.- <br /> <br />L <br /> <br />-.J <br /> <br />L <br />