DELTA MUTUAL, INC.
6% PROMISSORY NOTE
FOR VALUE RECEIVED, DELTA MUTUAL INC., a Delaware corporation (the "Company"), with offices at
111 North Branch Street, Sellersville, PA 18960, promises to pay to Security Systems International, Inc., a
Delaware corporation, (the "Lender"), with a mailing address of 9034 East Caribbean Lane, Scottsdale, AZ
85260, in lawful money of the United States of America, the principal sum of Fifteen Thousand Nine Hundred
Fifty Dollars ($15,950), together with interest from the date of this Note on the unpaid principal balance at a rate
equal to six percent (6.0%) per annum, computed on the basis of a year of 360 days. All unpaid principal,
together with any then unpaid and accrued interest, shall be due and payable at any time after the earlier of each
of (i) the Maturity Date (as defined below), or (ii) when, upon or after the occurrence of an Event of Default (as
defined below), such amounts are declared due and payable by the Lender or made automatically due and
payable in accordance with the terms hereof.
The following is a statement of the rights of the Lender and the conditions to which this Note is subject,
and to which the Lender, by the acceptance of this Note, agrees:
1. Definitions . As used in this Note, the following capitalized terms have the following meanings:
1.1 “Company” includes the corporation initially executing this Note and any Person which shall succeed to or
assume the obligations of the Company under this Note.
1.2 “Event of Default” has the meaning given in Section 5 hereof.
1.3 “Lender” shall mean the Person specified in the introductory paragraph of this Note.
1.4 “Maturity Date” shall mean the date on which the Company receives demand for payment, in writing, from
1.5 “Obligations” shall mean all obligations owed by the Company to the Lender, now existing or hereafter
arising under or pursuant to this Note.
1.6 “Person” shall mean and include an individual, a part