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PROMISSORY NOTE <br />Pleasanton, California <br />Date: November 3, 1995 <br />Amount: $272,500.00 <br />FOR VALUE RECEIVED, the undersigned promises to pay to the order of the <br />City of Pleasanton, on demand, the sum of two hundred seventy two thousand five <br />hundred DOLLARS ($272,500), and to pay interest on the unpaid principal amount of <br />this Note from the date hereof, until paid. Said rate of interest shall be the interest rate set <br />by the Local Agency Investment Fund and shall be adjusted quarterly. <br />If default is made in the payment when due of any part or installment of interest, <br />then the whole sum of principal and interest shall become immediately due and payable at <br />the option of the holder of this note, without notice. <br />If suit is instituted by City of Pleasanton to recover on this Note, the undersigned <br />agrees to pay all costs of such collection including reasonable attorney's fees and court <br />costs. <br />Demand, protest and notice of demand and protest are hereby waived. <br />In witness whereof, this Note has been duly executed by the undersigned as of its <br />date. <br />AF EVA COM ANY <br />e~ <br />B <br />