DEMAND PROMISSORY NOTE Due On Demand On demand for value

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DEMAND PROMISSORY NOTE $10,000.00 Due: On Demand On demand, for value received, the undersigned promises to pay to the order of The Town of Fishers, an Indiana Municipal Corporation , the sum of Ten Thousand Dollars ($10,000.00), at One Municipal Drive, Fishers, Indiana 46038, or at such other place as the holder hereof may direct in writing, with interest thereon, at the rate of ____ % per annum, and with attorneys' fees and costs of collection, and without relief from valuation and appraisement laws. The maker waives demand, presentment, protest, notice of protest and notice of nonpayment or dishonor of this Note, and consents to extensions of the time of payment of this Note. Signed and delivered this day of , 2006. FISHERS ARTS COUNCIL

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