[FIRST TENNESEE LOGO]
References in shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item.
Any item above containing "* * *" has been omitted due to text length limitations.
PROMISE TO PAY. HF Financial Corp. ("Borrower") promises to pay to First Tennessee Bank
National Association ("Lender"), or order, in lawful money of the United States of America, the
principal amount of One Million Five Hundred Thousand & 00/100 Dollars ($1,500,000.00), together
with interest on the unpaid principal balance from June 30, 2003, until paid in full.
PAYMENT. Borrower will pay this loan in one principal payment of $1,500,000.00 plus interest on
September 30, 2003. This payment due on September 30, 2003, will be for all principal and all accrued
interest not yet paid. Unless otherwise agreed or required by applicable law, payments will be applied
first to accrued unpaid interest, then to principal, and any remaining amount to any unpaid collection
costs. The annual interest rate for this Note is computed on a 365/360 basis: that is, by applying the
ratio of the annual interest rate over a year of 360 days, multiplied by the outstanding principal
balance, multiplied by the actual number of days the principal balance is outstanding. Borrower will
pay Lender at Lender's address shown above or at such other place as Lender may designate in
VARIABLE INTEREST RATE. The interest rate on this Note is subject to change from time to time based
on changes in an index which is the Lender's base commercial rate (the "Index"). The Index is not necessarily the
lowest rate charged by Lender on its loans and is set by Lender in its sole discretion. If the Index becomes
unavailable during the term of this loan, Lender may designate a substitute index after notifying Borrower. Lender
will tell Borrower the current index rate upon Borrower's request. The interest rate change will