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PROMISSORY NOTE
Afton, Wyoming, effective June 6, 2006,
$ 41,500.00
FOR VALUE RECEIVED, the undersigned promises to pay to the order of the
Town of Afton, whose address is PO Box 310, Afton, Wyoming 83110, the sum of
Forty One Thousand Five Hundred dollars and noli 00 ($41 ,500.00).Payable on or
before June 1, 2007 without interest as long as said payment is paid on or before the
due date. In the event that said Forty One Thousand Five Hundred dollars is not
paid on or before the due date then said amount shall accrue interest at ~he rate of
7% per annum until paid in full.
The makers of this note may, at any time, and without the payment of any
premium, fee or penalty, make larger payments than those described herein above
or may pay the balance in full.
It is expressly understood and agreed that default or failure to make any
payment within thirty (30) days after the same shall become due as provided for
herein, shall at the option of the holder hereof, and without notice, operate to make
the full unpaid balance of this note immediately due and payable.
We, whether makers, endorsers or guarantors of this note or the obligations
represented hereby, are to be regarded as principals insofar as out liability to payee
is concerned, and each of us hereby severally waive presentment, demand, notice,
protest or notice of protest, and all other demands and notices in connection with the
delivery, acceptance, performance, default, or enforcement of this note, and assent
to any extension or postponement of the time of payment or any other indulgence,
to any substitution, exchange or release of collateral and to the addition or release
or either of them, of any other party or person primarily or secondarily liable.
The undersigned will pay on demand all costs of collection and attorney's fees
incurred or paid by the holder in enforcing this note on default, whether with or
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RECEIVED 7/26/2006 at 2:12 PM
RECEIVING # 920605
BOOK: 627 PAGE: 635
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
without suit.
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All rights and powers of the holder hereunder shall inure to his successors,
assigns and heirs and all agreements herein shall bind the successors, assigns,
heirs and personal representatives of the undersigned.
No delay or omission the part of the holder in exercising any right hereunder
shall operate as a waiver of such right or any other rights under this note. Awaiver
on anyone occasion shall not be construed as a bar to, or waiver of, any such right
and remedy or either of them, on any future occasion.
As used herein, the word "holder" shall mean the payee or other endorsee of
this note who is in possession of it, or the bearer hereof if this note is at the time
payable to bearer.
North Lincoln County Hospital District
by: ~teve Perry
Chief Executive Off cer
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0920605
STATE OF
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C006.37
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COUNTY OF
this
The foregoing iose¡: ackn, owledged before me by ~'f{
7 day of ,_O~
WITNESS my hand and official seal~ '
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NARY P C
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My commission expires:
&~_l& J J(JO 1
LISA HOKANSON - NOTARY PUBLIC
County of
Lincoln
State of
Wyoming
M Commission Expires August 16, 2009
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