PROMISSORY NOTT, -s-L ' 7014 FOR VALUE RECEIVED, NOAM CHOLVISKY Annul Noma Chowder, an individual with a mailing address of ("Borrower"), hereby promises to pay to the order of THE CAROLS. ClIOMSKY EXEMPT MARITAL TRUST, established pursuant to the terms of The Carol S. Chomsky Revocable Trust dated October IR, 1989. as amended, ("Lender"), the principal sum of Five Hundred and Sixteen Thousand Dollars ($516,000). Interest on the balance outstanding shall be payable at a rate equal to the highest rate in effect from time to time on any one or more loans outstanding between Lender and )laser( full name of Pershing entity], or if no such loans are in existence, then the rate shall be fixed at the so-callal Mid Term Applicable Federal Rate in effect at the time, recalculated monthly in accordance with Section 1274(d) of the Internal Revenue Code. or any successor thereto. Interest due on each Loan shall he calculated based on a 360-day year and the actual number of days elapsed_ Payments of interest only shall be due and payable quarterly commencing on September 1, 2014 and shall he prorated for any fractional period. A final installment equal to all unpaid principal and interest shall be due and payable in all events not later than nine (9) years from the date hereof (the "Maturity l)sle")_ All. payments received hereunder shall be applied first to the payment of accrued interest and the balance applied to principal with a final payment of all unpaid principal and interest on the Maturity Date. Ilia Note may be prepaid in whole or in part without premium or penalty. Any pre- payments received on this Note shall be applied to principal Alt sums due hereunder shall he a able to mle: u M Ruben Katz, Banco International Investors, or at such other place as Lender hereof may designate to Deflower in writing, in lawful money of the United States of America. The Boarower waives presentment for payment, protest and demand. and notice of protest,