[FIRST TENNESSEE 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 Three Million & 00/100 Dollars ($3,000,000.00) or so much as may be outstanding,
together with interest on the unpaid outstanding principal balance of each advance. Interest shall be
calculated from the date of each advance until repayment of each advance.
PAYMENT. Borrower will pay this loan in one payment of all outstanding principal plus all accrued
unpaid interest on May 30, 2004. In addition, Borrower will pay regular quarterly payments of all
accrued unpaid interest due as of each payment date, beginning July 30, 2003, with all subsequent
interest payments to be due on the same day of each quarter after that. 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 writing.
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 discre