(For Term Loan Agreement; No Prepayment Premium)
$ 750,000.00 October 22, 1996
FOR VALUE RECEIVED, the undersigned borrower (the Borrower ), promises to pay to the order of
FIRSTAR BANK ILLINOIS (the Bank ), at its main office in CHICAGO, ILLINOIS, the principal sum of
TWO HUNDRED TWENTY- FIVE THOUSAND AND NO/100 Dollars ($750,000.00).
The unpaid principal balance will bear interest at any annual rate of 8.625%.
See Attached Payment Schedule Rider
Interest will be computed for the actual number of days principal is unpaid, using a daily factor obtained by
dividing the stated interest rate by 360.
Principal amounts remaining unpaid after the maturity thereof, whether t fixed maturity or by reason of
acceleration of maturity, shall bear interest from and after maturity until paid at a rate of 2% per annum plus the
rate otherwise payable hereunder.
In no event will the interest rate hereunder exceed that permitted by applicable law. If any interest or other charge
is finally determined by a court of competent jurisdiction to exceed the maximum amount permitted by law, the
interest or charge shall be reduced to the maximum permitted by law, and the Bank may credit any excess
amount previously collected against the balance due or refund the amount to the Borrower.
If any payment is not made on or before its due date, the Bank may collect a delinquency charge of 5.00% of the
unpaid amount. Collection of the late payment fee shall not be deemed to be a waiver of the Bank s right to
declare a default hereunder.
This Note may be prepaid in full or in part at any time without premium. Prepayments of less than all the
outstanding principal amount of this Note shall be applied upon principal payments in the inverse order of their
Without affecting the liability of any Borrower, endorser, surety or guarantor, the Bank may, without notice,
renew or extend the time for payment, accept partial payments, release or impair any collateral secur