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200809578 PROMISSORY NOTE $6,1.07.26 November 17,2008 FOR V ALUE RECEIVED, the undersigned, Scott M. Husak and Janey L. Husak, husband and wife, residing in Doniphan, Nebraska (individually a "Borrower" and collectively the "Borrowc::rs"), promise to pay to the order of Mark W. Terry and Shirley A. Terry, husband and wife, (collectively the "Lender"), at 6157 N.W. 9th Street, Lincoln, NE 68521 such address as the holder of this Promissory Note (this "Note") may designate to Borrower in writing, the principal sum of Six Thousand One Hundred Seven and 26/100 Dollars ($6,107.26) in the manner provided below. This Note shall bear interest on any and all principal amounts remaining unpaid hereunder from time to time outstanding from the date hereof until payment in full at an interest rate of six and three quarters percent (6.75%) per annum. The interest rate shall be calculated in accordance with the number of days actually elapsed using a 365-day year. No representation is made that this rate is the lowest, the best or a favored rate. Repayment The amount due under this Note shall be paid as follows: Beginning December 17, 2008, and continuing on the seventeenth (17th) day of each calendar month thereafter through November 17, 2018, Borrower shall make payments of principal and interest on this Note in the amount of Seventy and 13/100 Dollars ($70.13) each. All balances of principal and interest on this Note shall be due and payable on the earlier of December 17, 2018, or, at the option of the Lender, upon the occurrence of an Event of Default described below, or any Event of Default described in any of the Security Document set forth below. If any payment if ten (10) days or more late, Borrower will be charged five percent (5.00%) of the unpaid portion of the regularly scheduled payment. After maturity, whether maturity occurs as a result of the occurrence of an Event of Default under this Note or the Security Document, lapse of time, or otherwise, the Note shall bear interest at interest rate of sixteen percent (16%) per annum (the "Default Interest Rate"), or the highest rate allowed by law, whichever is less. Security This Note is secured by the Deed of Trust with Future Advances executed by Borrowers for real property located at 402 W. Pine Street, Doniphan, Nebraska (the "Security Document"). The real properties described in the Security Document shall collectively be referred to as the "Property" . Representations and Warranties The Borrowers represent and warrant to the Lender as follows: (a) The Borrowers are individuals residing in the State of Nebraska at the address identified in the Security Document.