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C00763
PROMMISSORY NOTE
AMOUNT: $50.000.00
DATE: April 15. 2006
FOR V ALUE RECEIVED, MDL PROPERTIES, LLC and TOM and SUE
LEWIS, of Thayne, Lincoln County, Wyoming, (Makers), promise to pay to the order of
HAMID NOORANI and CHART LANE, LLC, or their heirs or assigns, the sum Fifty
Thousand Dollars ($50,000.00) in accordance with the following terms and conditions.
INTEREST RATE AND TERM
The Note shall bear interest at the rate of eight and one-half percent (8.5%) per
annum. The term of this Note shall be four and one-half (41/2) months.
PAYMENT OF PRINCIPAL AND INTEREST
The principal together with interest shall be due and payable on August 31,2006.
There shall be no penalty for prepayment of the Note. In the event that the Makers shall
elect to prepay, the Interest will be prorated to the date of payment.
DEFAULT
In case the Makers shall fail to pay any installment payment at the time the same
is due, the whole of the principal sum then remaining unpaid, together with the interest
that shall have accrued thereon, shall at the election of the holder of this note become at
once due and payable. Such election to be made at any time after default and with notice
made to the Makers.
CHOICE OF LA W AND VENUE
The partiesagree that the provisions of this instrument are to be construed
according to and governed by the laws of the State of Wyoming and the parties agree that
any action relating to the collection of any amounts due and owing under this note may
be filed in the District Court in and for the County of Lincoln, State of Wyoming and the
undersigned does hereby agree and acknowledge the jurisdiction and venue of the Courts
of the State of Wyoming and does consent thereto.
MODIFICATION
No provision of this Note shall be modified except by a written instrument
expressly referring to the provisions in this note and signed by all parties.
Dated this _ day of
,2006.
MDL Properties, LLC and
Tom and Sue Lewis Promissory Note
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By tom Lewis fof
MDL PROPERTIES, LLC
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TOM LE S
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SUE LEWIS
STATE OF WYOMING
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COUNTY OF LINCON
The foregoing instrument was acknowledged before me this ~ day of
-:rCd"! e... .,2006, by TOM LEWIS, MDL PROPERTIES, LLC.
M:á-ÜØd- aq0A ""-
OT ARY PUBLIC
My Commission Expires: ~5"-.:J$" - :2ôlO
STATE OF WYOMING
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CLAUDIA ANDE~SON
Notary PubDc
LInCOln County
Wyoming
My CommISIIon eXPlres6'õ15'~E..
SS.
COUNTY OF LINCON
The foregoing instrument was acknowledged before me this £ day of
.::Ttl þ\ -e... ,2006, by TOM LEWIS.
t/tUtd/t? &dâ<f ~
NOTARY PUBLIC
My Commission Expires: ~ .;Js· dol D
STATE OF WYOMING
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CLAUDIA ANDERSON
Notary Public
LincOln County
Wyoming
My CommlSllon Explr8l.s:¿5'·;1 olE.
SS.
COUNTY OF LINCON
The foregoing instrument was acknowledged before me this ~ day of
3'lI I^- 't'____ ,2006, by SUE LEWIS.
(Yt2¿¡dâ ~dú4
NOTARY PUBLIC
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My Commission Expires: S-..;'S '.;lðl 0
MDL Properties, LLC and
Tom and Sue Lewis Promissory Note
ClAUDIA ANDERSON
Notary Pubflc
LincOln County
Wyomlng
My Commission Expires 5:.s1:..~rçJðæ
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