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LOAN AGREEMENT AND PROMISSORY NOTE
THIS LOAN AGREEMENT AND PROMISSORY NOTE
, is made this 26th day of April 2009, by and among
CYNTHIA LARIBEE
(hereinafter, known as
"BORROWER"
) and
LOLA LARIBEE
(hereinafter, know as
"LENDER"
).
BORROWER 
and
LENDER 
shall collectively be known herin as "the Parties". Indetermining the rights and duties of the Parties under this Loan Agreement, the entiredocument must be read as a whole.
PROMISSORY NOTE
FOR VALUE RECIEVED, BORROWER 
 promises to pay the order of 
LENDER 
, thesum of $600.00 dollars, (hereinafter, "the Loan Amount"). The entire outstanding LoanAmount shall become fully due and payable by
BORROWER 
within 60 days of receiptof written demand by
BORROWER 
from
LENDER 
or any subsequent assignee of thisnote. The method for making a proper "demand" upon
BORROWER 
is set forth below.The
LENDER 
in return will hold 14K Gold neckless with 5 diamonds at about .96Ct.each, and a makers mark next to the 14K, valued at aproximatly $30,000, (herein after known as "
NECKLESS
").
ADDITIONAL LOAN TERMS
The BORROWER and LENDER, hereby further set forth their rights and obligation toone another under this Loan Agreement and Promissory Note and agree to be legal boundas follows:A.
Loan Repayment Terms
.
BORROWER 
may make payment(s) to
LENDER 
in amounts and at times asit chooses upon the Loan Amount, until which time
BORROWER 
shall repay to
LENDER 
the entire Loan Amount.B.
Demand by Lender
. This is a "demand" loan agreement and promissorynote under which
BORROWER 
is required to repay in full the entireoutstanding Loan Amount.C.
Method of Loan Payment
. The
BORROWER 
shall make all paymentscalled for under this loan agreement by either the
BORROWER 
handing payment directly to
LENDER 
, or 
HUSBAND
(Mark Laribee), handing payment directlyto
LENDER 
.D.
Proof of Payment
.
LENDER 
must give credit to amount paid by
BORROWER 
, by written receipt and show on receipt the new amount due.Final Payment must be made by
BORROWER 
within 60 days of this signed Loan
of 00

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