EX-10.7
from SB-2
1 page
Promissory Note-Fixed Interest With Installment Payments $100,000.00 7% Interest Per Annum January 31, 1994 in Installments, as Set Forth, for Value Received, the Undersigned, Weststar Environmental, Inc. and B & B Plumbing and Septic Service, Inc. Promises to Pay to William R. Ferguson, Gloria Ferguson and Alan R. Ferguson to Order at P.O. Box 686 Maggie Valley, North Carolina, 28751, the Sum of One Hundred Thousand Dollars ($100,000.00) Together With Interest From the Date Above on the Unpaid Principal Balance Due at a Rate of Seven Percent (7%) Per Annum. Payments Shall Be Payable Monthly in Installments of One Thousand Dollars ($1,000.00) Beginning on February 28, 1994 and on the First Day of Each Month Thereafter and the Final Payment of One Thousand Five Hundred Fifteen Dollars and Thirty Eight Cents ($1,515.38. Should Interest Not Be Paid When Due It Shall Thereafter Bear Interest at the Same Rate as the Principal. All Payments Shall Be Payable in Lawful Currency of the United States of America. the Undersigned Agrees to Pay All Costs of Collection Including Reasonable Attorney's Fees. Weststar Environmental, Inc. and B & B Plumbing & Septic Service, Inc. By: /S/ Michael E. Ricks Michael E. Ricks President
12/34/56
EX-10.2
from SB-2
1 page
Weststar Environmental, Inc. Promissory Note--Demand $120,000 1 1/2% Interest Per Month October 7, 1997 on Demand, or No Later Than Ninety (90) Days, the Undersigned, Weststar Environmental, Inc., a Florida Corporation Promises to Pay to G&W Framing Contractors, Inc. or Order at Jacksonville, Florida, the Sum of One Hundred Twenty Thousand Dollars ($120,000), Together With Interest at a Rate of 1 1/2% Per Month. All Payments Shall Be Payable in Lawful Currency of United States of America. the Undersigned Agrees to Pay All Costs of Collection, Including Reasonable Attorney's Fees. This Note May Be Prepaid at Any Time or From Time in Whole or in Part Without Penalty, Premium, or Permission. Any Payment Under Section Shall Be Applies to the Principal of the Note. If, for Any Reason, the Principal Amount of One Hundred Twenty Thousand ($120,000.00) and Along With the Accrued Interest, Is Not Paid Within Said (90) Day Period, Then the Total Amount Due Will Accrue Interest Until Paid at the Rate O One and One Half Percent (1.5%) Per Month. Weststar Environmental, Inc. By: John A. Stubbs John A. Stubbs, C.E.O
12/34/56