HomeMy WebLinkAbout908543AMOUNT: $50,000.00
PROMMISSORY NOTE
DATE: May 4, 2005
FOR VALUE 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 six percent (6%) per annum. The term
of this Note shall be one (1) year.
PAYMENT OF PRINCIPAL AND INTEREST
The principal together with interest shall be due and payable one year from the
date of this Note. 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 LAW AND VENUE
The parties agree 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 /ff day of ]q~7~-~ff ,2005.
RECEIVED 5/19/2005 at 11:28 AM
RECEIVING # 908543
BOOK: 585 PAGE: 663
JEANNE WAGNER
NCOLN COUNTY CLERK, KEMMERER, WY
MDL Properties, LLC and
Tom and Sue Lewis Promissory Note
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MDL P/ROPERTIES, LLC
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SUE LEWIS
STATE OF WYOMING )
)
COUNTY OF LINCON )
SS.
The foregoing instrument was acknowledged before me this .
2005, by TOM LEWIS, MDL PROPERTIES, LLC.
I~day of I/V~OX~b
My Commission Expires:
STATE OF WYOMING
COUNTY OF LINCON
SS.
NOT/ARY PUBLIC
county
u~n
foregoing instrument was acknowledged before me this
The
2005, by TOM LEWIS.
My Commission Expires: .~,/7..t-/O::~
STATE OF WYOMING )
)
COUNTY OF LINCON )
SS.
The foregoing instrument was acknowledged before me this
2005, by SUE LEWIS.
MDL Properties, LLC and
Tom and Sue Lewis Promissory Note
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