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                                  EXHIBIT 10.77

                                 PROMISSORY NOTE

BORROWER:   SEDONA CORPORATION
            1003 WEST NINTH AVENUE
            2ND FLOOR
            KING OF PRUSSIA, PENNSYLVANIA 19406

LENDER:     OAK HARBOR INVESTMENT PROPERTIES, L.L.C.
            11822 JUSTICE AVENUE, SUITE B-6
            BATON ROUGE, LOUISIANA 70816
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                                 PROMISSORY NOTE

PRINCIPAL AMOUNT: $1,040, 402.22
INTEREST RATE: 8%
DATE OF NOTE: AUGUST 17, 2006

          PROMISE TO PAY. Sedona Corporation, a Pennsylvania corporation with
its principal place of business at 1003 West Ninth Avenue, 2nd Floor, King of
Prussia, Pennsylvania 19406 ("Borrower") promises to pay to the order of Oak
Harbor Investment Properties, L.L.C. ("Lender"), in lawful money of the United
States of America the principal sum of One Million Forty Thousand Four Hundred
Two and 22/100 Dollars (U.S. $1,040,402.22), together with simple interest at
the rate of 8% per annum assessed on the unpaid principal balance of this Note
as outstanding from time to time, commencing on August 17, 2006 and continuing
until this Note is paid in full.

          PAYMENT. Borrower will make payments of principal in the amount of Two
Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) on each of May 1, 2007
and May 1, 2008 together with all accrued interest on the unpaid principal as of
such payment date. The entire unpaid balance of principal and all accrued but
unpaid interest will be due and payable on May 1, 2009. Unless otherwise agreed
or required by applicable law, payments will be applied first to accrued unpaid
interest, then to principal, and any remaining amount to any unpaid collection
costs and late charges. The annual interest rate for this Note is computed on a
365/360 basis; that is, by applying the ratio of the annual interest rate over a
year of 360 days, multiplied by the outstanding principal balance, multiplied by
the actual number of days the principal balance is outstanding. Borrower will
pay Lender at Lender's address shown above or at such other place as Lender may
designate in writing.

          PREPAYMENT. Borrower may prepay this Note in full at any time by
paying the then unpaid principal balance of this Note, plus accrued simple
interest and any unpaid late charges through date of prepayment. If Borrower
prepays this Note in full, or if Lender accelerates payment, Borrower
understands that, unless otherwise required by law, any prepaid fees or charges
will not be subject to rebate and will be earned by Lender at the time this Note
is signed. Early payments will not, unless agreed to by Lender in writing,
relieve Borrower of Borrower's obligation to continue to make payments under the
payment schedule. Rather, early payments will reduce the principal balance due.
Borrower agrees not to send Lender payments marked "paid in full", "without
recourse", or similar language. If Borrower sends such a payment, Lender may
accept it without losing any of Lender's rights under this Note, and Borrower
will remain obligated to pay any further amount owed to Lender. All written
communications concerning disputed amounts, including any check or other payment
instrument that indicates that the payment constitutes "payment in full" of the
amount owed or that is tendered with other conditions or limitations or as full
satisfaction of a disputed amount must be mailed or delivered to: Oak Harbor
Investment Properties, L.L.C., 11822 Justice Avenue, Suite B-6, Baton Rouge,
Louisiana 70816.


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          LATE CHARGE. If Borrower fails to pay any payment under this Note in
full within 10 days of when due, Borrower agrees to pay Lender a late payment
fee in an amount equal to 5.000% of the unpaid amount of interest and principal
then due and owing under this Note. Late charges will not be assessed following
declaration of default and acceleration of the maturity of this Note.

          INTEREST AFTER DEFAULT. Upon default, including failure to pay upon
final maturity, the total sum due under this Note will bear interest from the
date of acceleration or maturity at the interest rate on this Note plus 3%, but
not to exceed 18%. The interest rate will not exceed the maximum rate permitted
by applicable law.

          SECURITY. The obligations of the Borrower pursuant to this Note are
secured by a first priority lien and security interest in the collateral of the
Borrower as specifically set forth in an Amended and Restated Security Agreement
of even date herewith (the "Security Agreement").

          DEFAULT. Each of the following shall constitute an event of default
("Event of Default") under this Note:

(1)  PAYMENT DEFAULT. Borrower fails to make any payment when due under this
     Note.

(2)  DEFAULT UNDER SECURITY AGREEMENTS. Should Borrower violate, or fail to
     comply fully with any of the terms and conditions of, or default under any
     security right, instrument, document, or agreement directly or indirectly
     securing repayment of this Note, including but not limited to the Security
     Agreement.

(3)  OTHER DEFAULTS. Should Borrower default in performance of its obligations
     under any other loan, promissory note, extension of credit, security right,
     instrument, document, or agreement, or obligation owed by the Borrower to
     or in favor of Lender or David R. Vey ("Vey") including, but not limited to
     the following: (i) that certain Promissory Note dated October 23, 2006,
     herewith from the Borrower to Vey in the principal amount of $1,213,952.81;
     (ii) that certain Secured Convertible Note dated October 23, 2006, herewith
     from the Borrower to Vey in the principal sum of $2,691,263.36; or (iii)
     that certain Revolving Promissory Note of dated September 27, 2006 herewith
     from the Borrower to Vey in the principal sum of $500,000.

(4)  READJUSTMENT OF OBLIGATIONS. Should proceedings for readjustment of
     indebtedness, reorganization, bankruptcy, composition or extension under
     any insolvency law be brought by or against Borrower.

(5)  ASSIGNMENT FOR BENEFIT OF CREDITORS. Should Borrower file proceedings for a
     respite or make a general assignment for the benefit of creditors.

(6)  RECEIVERSHIP. Should a receiver of all or any part of Borrower's property,
     be applied for or appointed.


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(7)  DISSOLUTION PROCEEDINGS. Should proceedings for the dissolution or
     appointment of a liquidator of Borrower be commenced.

(8)  FALSE STATEMENTS. Should any warranty, representation or statement made or
     furnished to Lender by Borrower or on Borrower's behalf related documents
     be false or misleading in any material respect, either now or at the time
     made or furnished or becomes false or misleading at any time thereafter.

(9)  MATERIAL ADVERSE CHANGE. Should any material adverse change occur in the
     financial condition of Borrower or should any material discrepancy exist
     between the financial statements submitted by Borrower and the actual
     financial condition of Borrower.

          LENDER'S RIGHTS UPON DEFAULT. Should any one or more default events
occur or exist under this Note as provided above, Lender shall have the right,
at Lender's sole option, to declare formally this Note to be in default and to
accelerate the maturity and insist upon immediate payment in full of the unpaid
principal balance then outstanding under this Note, plus accrued interest,
together with reasonable attorneys' fees, costs, expenses and other fees and
charges as provided herein. Lender shall have the further right, again at
Lender's sole option, to declare formal default and to accelerate the maturity
and to insist upon immediate payment in full of each and every other loan,
extension of credit, debt, liability and/or obligation of every nature and kind
that Borrower may then owe to Lender or Vey, whether direct or indirect or by
way of assignment, and whether absolute or contingent, liquidated or
unliquidated, voluntary or involuntary, determined or undetermined, secured or
unsecured, whether Borrower is obligated alone or with others on a "solidary" or
"joint and several" basis, as a principal obligor or otherwise, all without
further notice or demand, unless Lender shall otherwise elect.

          ATTORNEYS' FEES; EXPENSES. If Lender refers this Note to an attorney
for collection, or files suit against Borrower to collect this Note, or if
Borrower files for bankruptcy or other relief from creditors, Borrower agrees to
pay Lender's reasonable attorneys' fees.

          GOVERNING LAW. This Note will be governed by, construed and enforced
in accordance with federal law and the laws of the State of Louisiana without
giving effect to any principles of choice of laws or conflicts of law that may
require another law, other than the internal laws of the State of Louisiana, to
apply. This Note has been accepted by Lender in the State of Louisiana.

          FINANCIAL STATEMENTS. Borrower agrees to provide Lender with such
financial statements and other related information at such frequencies and in
such detail as Lender may reasonably request.

          WAIVERS. Borrower hereby waives demand, presentment for payment,
protest, notice of protest and notice of nonpayment, and all pleas of division
and discussion. Borrower agrees that discharge or release of any party who is or
may be liable to Lender for the indebtedness represented hereby, or the release
of any collateral directly or indirectly securing repayment hereof, shall not
have the effect of releasing any other party or parties, who shall


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remain liable to Lender, or of releasing any other collateral that is not
expressly released by Lender. Borrower additionally agrees that Lender's
acceptance of payment other than in accordance with the terms of this Note, or
Lender's subsequent agreement to extend or modify such repayment terms, or
Lender's failure or delay in exercising any rights or remedies granted to
Lender, shall likewise not have the effect of releasing Borrower or any other
party or parties from their respective obligations to Lender, or of releasing
any collateral that directly or indirectly secures repayment hereof. In
addition, any failure or delay on the part of Lender to exercise any of the
rights and remedies granted to Lender shall not have the effect of waiving any
of Lender's rights and remedies. Any partial exercise of any rights and/or
remedies granted to Lender shall furthermore not be construed as a waiver of any
other rights and remedies; it being Borrower's intent and agreement that
Lender's rights and remedies shall be cumulative in nature. Borrower further
agrees that, should any default event occur or exist under this Note, any waiver
or forbearance on the part of Lender to pursue the rights and remedies available
to Lender, shall be binding upon Lender only to the extent that Lender's
specifically agrees to any such waiver or forbearance in writing. A waiver or
forbearance on the part of Lender as to one default event shall not be construed
as a waiver or forbearance as to any other default. Borrower and each guarantor
of this Note further agree that any late charges provided for under this Note
will not be charges for deferral of time for payment and will not and are not
intended to compensate Lender's for a grace or cure period, and no such
deferral, grace or cure period has or will be granted to Borrower in return for
the imposition of any late charge. Borrower recognizes that Borrower's failure
to make timely payment of amounts due under this Note will result in damages to
Lender, including but not limited to Lender's loss of the use of amounts due,
and Borrower agrees that any late charges imposed by Lender hereunder will
represent reasonable compensation to Lender for such damages. Failure to pay in
full any installment or payment timely when due under this Note, whether or not
a late charge is assessed, will remain and shall constitute an Event of Default
hereunder.

          SUCCESSORS AND ASSIGNS LIABLE. Borrower's obligations and agreements
under this Note shall be binding upon Borrower's respective successors, heirs,
legatees, devisees, administrators, executors and assigns. The rights and
remedies granted to Lender under this Note shall inure to the benefit of
Lender's successors and assigns, as well as to any subsequent holder or holders
of this Note.

          CAPTION HEADINGS. Caption headings in this Note are for convenience
purposes only and are not to be used to interpret or define the provisions of
this Note.

          SEVERABILITY. If any provision of this Note is held to be invalid,
illegal or unenforceable by any court, that provision shall be deleted from this
Note and the balance of this Note shall be interpreted as if the deleted
provision never existed.

          SUCCESSOR INTERESTS. The terms of this Note shall be binding upon
Borrower, and upon Borrower's successors, heirs, legatees, devisees,
administrators, executors and assigns, and shall inure to the benefit of Lender
and its successors and assigns.


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          APPLICABLE LENDING LAW. Borrower, by signing this Note, acknowledges
and agrees that the proceeds of this Note will be used for business and
commercial purposes.

          PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL THE
PROVISIONS OF THIS NOTE.

BORROWER:

SEDONA CORPORATION


BY:                             ITS
    --------------------------,     ------------------

STATE OF _____________________________________________   )
                                                         ) SS
COUNTY OF ____________________________________________   )

          I, the undersigned authority, a Notary Public in and for said county
in said state, hereby certify that _____________________________________, the
__________________ of SEDONA CORPORATION, whose name is signed to the foregoing
instrument, and who is known to me, acknowledged before me on this day that,
being informed of the contents of said Agreement, he or she executed the same
voluntarily on the day the same bears date.

          GIVEN UNDER MY HAND AND OFFICIAL SEAL THIS _________________________
DAY OF ___________________________________, 2006.

______________________________________________________
NOTARY PUBLIC

MY COMMISSION EXPIRES ______________________________


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