╨╧рб▒с>■  ,.■   +                                                                                                                                                                                                                                                                                                                                                                                                                                                ье┴7 Ё┐╙bjbjUU "$7|7|╙       lfffffffz &z╣ЎFFFFFFFF8::::::$п ╧ n^fFFFFF^>ffFFs>>>F fFfF8>F8>·>8ff8F: Р│SГС/├zаPю88Й0╣8= >= 8>zzffff┘PROMISSORY NOTE - BALLOON _________________,20___ FOR VALUE RECEIVED, I, We, the undersigned ____________, (Borrower) promises to pay to __________________(Lender) the sum of ________________($ ) together with interest thereon at the rate of ______ (____%) percent per annum payable as follows: ______months after the date hereof and from month to month thereafter for ______months until _______, 20___, payments of interest only shall be due and payable in the amount of $________ and a final payment in the amount of $_______. This Note may be prepaid in whole or in part at any time without premium or penalty. All prepayments shall be applied first to interest, then to principal payments in the order of their maturity. The undersigned agrees to pay all costs and expenses, including all reasonable attorneys' fees, for the collection of this Note upon default. All payments shall be made at _________________________________________, or at such other place as the holder hereof may from time to time designate in writing. Each maker, surety, guarantor and endorser of this Note waives presentment, notice and protest, all surety ship defenses and agrees to all extensions, renewals, or releases, discharge or exchange of any other party or collateral without notice. Governing Law. This Agreement shall be governed by the laws of the State ofаа__________________ааа а Attorney's Fees. Should any action be commenced between the parties to this Agreement concerning the matters set forth in this Agreement or the rights and duties of either in relation thereto, the prevailing party in such action shall be entitled, in addition to such other relief as may be granted, to a reasonable sum as and for its Attorney's Fees and Cost. а Arbitration and Venue. Any controversy arising out of or relating to this Agreement or any modification or extension thereof, including any claim for damages and/or rescission, shall be settled by arbitration inаа_____________County,аа______________(state) in accordance with the Commercial Arbitration Rules of the American Arbitration Association before one arbitrator. The arbitrator sitting in any such controversy shall have no power to alter or modify any express provisions of this Agreement or to render any reward which by its terms effects any such alteration, or modification. The parties consent to the jurisdiction of the Superior Court ofаа_________(state), and of the United States District Court for theаа_________аDistrict ofаа_________(state)аfor all purposes in connection with such arbitration including the entry of judgment on any award. The parties consent that any process or notice of motion or other application to either of said courts, and any paper in connection with arbitration, may be served by certified mail or the equivalent, return receipt requested, or by personal service or in such manner as may be permissible under the rules of the applicable court or arbitration tribunal, provided a reasonable time for appearance is allowed. The parties further agree that arbitration proceedings must be instituted within one year after the claimed breach occurred, and that such failure to institute arbitration proceedings within such period shall constitute an absolute bar or the institution of any proceedings and a waiver of all claims. This section shall survive the termination of this Agreement. ______________________________ ____________________________ Witness Borrower + w Н Р ∙ ╧ ▌ х √ И Ъ ╦ ╓ т Ї [╙·є··ш·ш·ш·ш·ш·B*OJQJ^Jph B*^Jph B*ph68:{└<>@З╧.0r▓°·?БкЁ/1q╖¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤╙■╖√* + О Р ∙ √ \^`г╥╙¤¤¤¤¤√¤¤¤¤¤¤¤ 1Рh░╨/ ░р=!░"░#Ра$Ра%░ i8@ё 8 NormalCJ_HaJmH sH tH <A@Є б< Default Paragraph FontКe@ЄК HTML Preformatted7 ╞2Ф(╝ Pфx а4 ╚#\'Ё*Д.2м5@9B* CJOJPJQJaJphА0B`0 Body Text B*ph╙ $    68:{└<>@З╧.0r▓°·?БкЁ/1q╖√*+ОР∙√\ ^ ` г ╥ ╒ Ъ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ@0ААЪ@0ААЪ@0ААЪ@0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0ААЪ0АА╙╖╙╙╒ .1╤╒FLЗК╧╤ry▓║?IБИ╒╫Ёєq|╖╣√■:КРа√╒ 3333333333333333333  Mike\C:\Documents and Settings\Mike1\My Documents\lectric lay\promisary notes\PROMISSORY NOT3.docMike2A:\lectric lay\promisary notes\PROMISSORY NOT3.docMikeZC:\Documents and Settings\Mike1\My Documents\All forms\promisary notes\PROMISSORY NOT3.doc @А[ [ 8ЎГГ[ [ ╙ @@  Unknown            GРЗ:  Times New Roman5РАSymbol3&Р З:  Arial?5Р З:  Courier New"ёИЁ╨hoSvFoSvFэJv& f !Ёа┤┤ББ20  2ГЁ  PROMISSORY NOTE - BALLOON MikeMike■ рЕЯЄ∙OhлС+'│┘0ФШа─╨рь°  ( D P \ ht|ДМфPROMISSORY NOTE - BALLOON ROMMikeSSOikeike Normal.dotNMikel.d2keMicrosoft Word 9.0A@F├#@№:╖.├@:upС/├@:upС/├ f ■ ╒═╒Ь.УЧ+,∙о0 hp|ДМФ Ьдм┤ ╝ уфS  а PROMISSORY NOTE - BALLOON Title ■   ■    !"■   $%&'()*■   ¤   -■   ■   ■                                                                                                                                                                                                                                                                                                                                   Root Entry         └FЁa^ГС/├/А1Table            WordDocument        "$SummaryInformation(    DocumentSummaryInformation8            #CompObj    jObjectPool            Ёa^ГС/├Ёa^ГС/├            ■                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           ■       └FMicrosoft Word Document MSWordDocWord.Document.8Ї9▓q