HomeMy WebLinkAbout00- Yellowstone Harley-Davidson Promissory Note
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PROMISSOR Y NOTE
FOR VALUE RECEIVED, the City of Bozeman. promises to pay to the order of
Yellowstone Sports Center, Inc. dba Yellowstone Harley-Davidson the sum of $15.000.00 in
lawful money of the United States, negotiable and payable to payee with no interest beiore
maturity and at the rate of 12% per annum if the Note is not paid on or before October 2,2000.
This Note shall be due and payable in full on October 2.2000. It is understood and
agreed that this Note is secured by a 2000 FLlIPI lIarley-Davidson motorcycle with a vehicle
identification number of IHDIFHWI7YY639859. In the event that the City of Bozeman
returns the llarley-Davidson motorcycle to Y ellowstone Harley~Davidson in good condition on
or before October 2, 2000, this Note shall be deemed paid in full and no monetary payments
shall be due from the City of Bozeman to Yellowstone Harley-Davidson.
In the event of default, it is agreed that the holder of this note may recover such
necessary expenses as may be incurred in collection, including a reasonable attorney fee. The
maker hereof waives presentment, demand, protest and notice thereof.
DATED this ,~ day of !~1 (\j- ,2000
CITY OF BOZEMAN
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BY!A~;~~~;----
City Manager