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' . ' ' ~ • ' • • : . . ~ ' - , . . . . . - ~ . _ - • • ~ • ' ' • . . . ~ - ~ . ' ~ : . . j ' . . ' ~ - . ( . . ~ ~ , . , . • , : : It.i~ ~r~b~ ucpr~~s1~ am~d that upon d~fault ia pay~eat oi ~~id lastalLeat~, , ~ or aq or ~itlur oi tha, Mhice d~~ault ~hall eontinue ~or won than t~a (10) ~ ~ da~~, or in tha w~nt oi tba e~cpiralioa or ta~fnation of tba Caoission Operator agreeaent.mads t6a (ift~ot.i~n) !s~ day of lhbocnss7 19~ bet~esn T8E ~A?~RICAN OIL CQlPANY aed tbs ~ak~r hateof. thln all aubasqu~nt i talla~nu oa - . this note shall at once bsco~e due and pay~~le at the optioa oi ~hhe legal holder bereof vith.interast at th~ rate of sis pe~rcent per an~nus froa dats of aaturity vithout demsad or notice, dansnd and notice beiog hareby e~cpreeily raived. The mak~r~, endoraers and all guarantors of t6ia aote sev~rally vaive preaent~ent a~ dem~nd for payment. protest and aotice of pceeentmant, de~and aad~non-payoent and alao vaivt aAy and all defensea on the grouad of any eztensiona or partisl - pay~ent ~rhich may be granted or accepted by tbe holder befor~ or after the saturit~ of thi• uote Or AAy ~8lt tblrlO~. • As securit~ fos tbia loan T~ A~RICAZi OIL CQlPAIiY shall have ths right and ia ~ ~ hereby authorized b~ tbs Cc~iseion Oparator to make deductions fro~ cossiasions ~ due aad payable to Ca~ission Operatos of say aoount or mount~ dw and payable - under the tesnt and conditions of this proniasory note. ~ r: . + ~ ~ ~.Y~ ' s~~ 3 .r~ r ` Witnas• a11 turss 3igna {Ccasisaion Operator) • . . ~ " € sa urea - . ; ~ ~-'l~ ~ Co~ise~i.oa ~ ~ ; ~v.~ /~h o-s-t~-~- • ~ , Co-3isner . ~ j = ~ ~ ~ , , ~ ~ , - t ~ ' . . a . [ ~ S • a'.t: • ~ ~ - a. ~ v ' - - ' f ` . ~ ; .T . ~ - . '-J~ . ~ ~ ' `•Y • .!i • . ~ 1j.. ~ . . ' ' : 1 • • • ~ ~ ~ ` i . i ' . . ' % y JIr ' ,f- ~ ~nd ~/~1[ pwfonw., oow~p[y ~dtti ~nd ~61d~ b~ Mafa end w?w~:.f~N ~Hp~tton~. ~b. aon~Ittion~ ~nd °O~4 P~+~7 ea~~ ~ of t~iL u~orf0ep~. t1~1a w~orf~op~ an~ t/w ~sfd~ ~y a+rsfid i1isU ~ cyaM. d~twmin~ and b~ naQ ond odd ~ t/~. ..td Mo.toepo. liwrbp ~atl~w oow~nb .nd .~rw.: ~ f ~ BpR~ 111 FA~ 380 ~ . ~ . t