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HomeMy WebLinkAbout916439 Lor693 PROMISSORY NOTE AMOUNT: $10250.00 DATE: FEBRUARY.2006 FOR VALUE RECEIVED, MICHAELlLOYD MCDONALD .andMARY KA YLENE MCDONALD, Husband llIld Wile, of 170 Braves Rd. Afton, .Lincoln County, Wyoming,llIld MKM,HOLDlNGS,LLC,A Wyoming Limited Liability Company, (Maker), promise to pay to the order of SALT RIVER MOTOR,lNC.,li Wyoming Close Corporation, or its assigns, the sum ofTen Thousand Two Hundred Fifty Dollars ($10.,250.00). Tbe total1enn of the Note.shall be three (3) months. The :fir.st payments .shall be lit the closing, the proceeding two (2) payments .shall be paid thirty every thirty (30) days thereafter until paid in full. Said note .shall have li finance charge in the llDlount of One Hundred Fifty Dollars (150.00). 1n the event the balance of the promissory note.has not been paid within the three (3) month period, the note shall bear intere.st lit .six.and one-half percent (6.5 % ) interest. Pliyments.shall be fu.st lipplied to intere.st llIld then the reduction of principle. 1n case the Maker .shall fail to pay any installment payment lit the time the .same is rlue, the whole of the principle .sum then remaining unpaid, together with the intere.st that .shall have .accrued thereon, .shall.at the election of the holder of this note become lit 'f once rlue llIld payable. Notice of non-payment, dishonor, demand, llIld prote.st.shall be provided to the Maker .at the libove .address. 1n the event collection .action is needed, the Makers .shall pay for .attorney's fees. D.ated thisc21 day ofFebrnary, 2006 RECEIVED 3/6/2006.at 11:43 AM RECEIVING:# 916439 BOOK: 613 PAGE: 693 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY iii¡;¡liJ~ By: //" ..,J". 'J"" , ./ ~./ SALT IDVER MOTOR,lNC. MCDONALD PROMISSORY NOTE F£bruary,2006 P.age I of2 Mr:~~mm¡~j:l; 09164:39 COC694 STATE OF WYOMING ) ) ss. COUNTY OF LINCOLN ) The foregoing instrument was acknowledged before me by MICHAEL LLOYD MCD9f1ALD and MARY KA YLENE MCDONALD, Husband and Wife, Makers, this é}{ - day of February, 2006. WITNESS my hand and official seal. dlil ~)~ NOTARY PUBLIC My Co~mission Expires: 0 -5ù9 STATE OF WYOMING ) ) SS. COUNTY OF LINCOLN ) HEIDI BROWN· NOTARY PUBUO County of .. State of Uncoln ' Wyoming My CommissIon Expires August 5. 2009 The foregoing instrument was acknowledged before me by MICHAEL LLOYD MCDONALD and MARY KA YLENE MCDONALD, for MKM HOLDINGS, LLC, this y-'k.. af day of February, 2006, IJ~ ~ ¡J~ cL . JJúJJ{ OT;\RY PUBL . My Commission Expires: Õ-S-Ù 9 ' HEIDI BROWN - NOTARY PUBUO County of State of Uncaln Wyoming My Commission Expires August 5, 2009 "~"""'~'~~~~C;'~"'.Y"Jo;,'~-' ~;l~~rh:;¡;::-_I::':;¡: :~~:~; l;¡ ~~ii~;~1;~~ SALT RIVER MOTOR, INC. MCDONALD PROMlSSORY NOTE February, 2006 Page 2 of2