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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />41 <br /> <br />-2- <br /> <br />In the event default is made in the prompt payment of this note <br />when due or declared due, and the same is placed in the hands of an <br /> <br />attorney for collection, or suit is brought on same, or the same is <br /> <br />collected through Bankruptcy or other judicial proceedings, then the <br /> <br />makers agree and promise to pay ten per cent (10%) additional on the <br /> <br />amount of principal and interest then owing, as attorney's fees. <br /> <br />Each maker, surety and endorser of this note expressly waives <br /> <br />all notices, demands for payment, presentations for payment, notices <br /> <br />of intention to accelerate the maturity, protest and notice of pro- <br /> <br />test, as to this note, and as to each, every and all installments <br /> <br />hereof. <br /> <br />This promissory Note is issued under the authority of the Texas <br /> <br />Public Property Finance Act, Article 2368a.2, Re'i7ised Civil Statutes <br /> <br />of Texas. The proceeds of this note represents funds advanced by <br /> <br />Bayshore National Bank of La Porte, at the special instance and <br /> <br />request of the City of La Porte, a municipal corporation, to finance <br /> <br />the purchase by the City of La Porte of a Sutphen Corporation aerial <br /> <br />tower fire fighting apparatus. <br /> <br />payment hereof is secured by funds and taxes available to the <br /> <br />City of La Porte for its public purposes, and this promissory Note is <br /> <br />further secured by the full faith and credit of the City of La Porte, <br /> <br />a municipal corporation. A certified copy of tht~ Resolution author- <br /> <br />izing the borrowing of the sum of THREE HUNDRED FORTY-ONE THOUSAND <br />SEVEN HUNDRED NINETY AND NO/IOO DOLLARS ($341,79().OO), and the issu- <br /> <br />ance of this Promissory Note, is hereto attached. <br /> <br />CITY OF LA PORTE <br /> <br />By <br /> <br /> <br />EXHIBIT "A" <br />Page 2 of 3 <br />