8447-93 Authorizing Economic Development Revenue (P.A.I. Properties $450,000)

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provisions for amending the Loan Agreement, to all of which the holder hereof, by its acceptance hereof, assents. The principal of this Note is subject to prepayment by the Borrower in the manner and as otherwise set forth in the Loan Agreement, in whole or in part, at a price equal to 100% of the principal amount hereof to be prepaid plus accrued and unpaid interest thereon to the date fixed for prepayment, plus a premium if such prepayment is paid at any time during the period prior to December 15 of the years indicated below but after the end of the preceding period: Premium as Percentage of Year Principal Amount Prepaid 1994 4% 1995 3% 1996 2% 1997 1% 1998 and thereafter 0% This Note may not be assigned or endorsed to any party without the express written consent of the Borrower. The Borrower hereby unconditionally waives diligence, presentment, protest, notice of dishonor and notice of default of the payment of any amount at any time payable to the Issuer under or in connection with this Note. All amounts payable hereunder are payable without relief from valuation and appraisement laws. In any case where the date of payment hereunder shall be in the Issuer, a Saturday, Sunday or a legal holiday or a day on which banking institutions are authorized by law to close, then such payment shall be made on the next succeeding business day with the same force and effect as if made on the date of payment hereunder. All terms used in this Note which are defined in the Loan Agreement shall have the meanings assigned to them in the Loan Agreement. IN WITNESS WHEREOF, the Borrower has caused this Note to be duly executed. Dated: December , 1993 . P.A.I. PROPERTIES, an Indiana general partnership By Noel H. Yarger, Partner G.Toms Yarger, Partner -51-