SPORTS LINK LTD
117 PRINCE DR
PO BOX 544
BROOKINGS SD 57006
BORROWER'S NAME AND ADDRESS
"I" includes each borrower above, joint and severally.
FIRST NATIONAL BANK IN BROOKINGS
PO BOX 5057
BROOKINGS, SD 57006-5057
LENDER'S NAME AND ADDRESS
"You" means the lendor, its successors and assigns.
Loan Number 7202728
Maturity Date 11/15/04
Loan Amount $ 1,527,190.81
Renewal Of: 6984201 & 02
TIN: 46-0440678 & 720037
For value received, I promise to pay to you, or your order, at your address
listed above the PRINCIPAL sum of one million five hundred twenty seven thousand
one hundred ninety & 81/100 Dollars $ 1,527,190.81
X Single Advance: I will receive all of this principal sum on 09/16/02 . No
additional advances are contemplated under this note.
__Multiple Advance: The principal sum shown above is the maximum amount of
principal I can borrow under this note. On ____________ I will receive the
amount of $_____________ and future principal advances are contemplated.
Conditions: The conditions for future advances are _____________________________
__Open End Credit: You and I agree that I may borrow up to the maximum amount of
principal more than one time. This feature is subject to all other conditions
and expires on _________________.
X Closed End Credit: You and I agree that I may borrow up to the maximum only
one time (and subject to all other conditions).
INTEREST: I agree to pay interest on the outstanding principal balance from
SEPTEMBER 16, 2002 at the rate of 5.7500% per year until NOVEMBER 15, 2004.
__Variable Rates: This rate may then change as stated below.
__Index Rates: The future rate will be ____________ the following index rate:
__No Index: The future rate will not be subject to any internal or external
index. It will be entirely in your control.
__Frequency and Timing: The rate on this note may change as often as
A change in the interest rate will take effect