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<br /> <br />-2- <br />• <br />Each maker, surety and endorser of this note expressly waives <br />all notices, demands for payment, presentations for payment, notices <br />of intention to accelerate the maturity, protest and notice of protest, <br />as to this note, and as to each, every and all installments hereof. <br />This Promissory Note is issued under the authority of the Texas <br />Public Property Finance Act, Article 2368a.2, Revised Civil Statutes <br />of Texas. The proceeds of this note represent funds advanced by <br />First City Bank of La Porte, at the special instance and request of <br />the City of La Porte, a municipal corporation, to finance the purchase <br />• by the City of La Porte of three ambulances. <br />Payment hereof is secured by funds and taxes available to the <br />City of La Porte for its public purposes, and this Promissory Note is <br />further secured by the full faith and credit of the City of La Porte, <br />a municipal corporation. A certified copy of the Resolution author- <br />izing the borrowing of the sum of EIGHTY-FIVE THOUSAND AND NO/100 <br />DOLLARS ($85,000.00), in the issuance of this Promissory Note, is <br />hereto attched. <br />CITY OF LA PORTE <br />By: <br />Virginia Cline, Mayor <br />• ATTEST: <br />City Secretary <br />APPROVED: <br />~%l/. <br />• City Attorney <br />K7 <br />