Document:

ex10_41.htm

    
      

    

    EXHIBIT 10.41

    
      

      [POSTEC
Logo]

      

      
        	 
      	
                Bill To:

              
	 
      	
                AT5343

                Shop
      Rite

                55
      Hannah Way

                Rossville,
      GA 30741

                706-861-3347

              

      

       

       

      
        	 
      	
                Ship To:

              
	
                IBM
      SurePOS 723 ACE V6 Bundle

                5
      Lane Pricing IR-V3-SSB w/ BR Data

                September
      2, 2008

                Description

              	
                AT5343

                Shop
      Rite

                260
      16th
      Avenue

                Dayton,
      TN 37321

                423-775-1515

              

      

       

       

      
        	 
      	 	
                List
      Price

              	 	 	
                Discounted

                Price
      to

                Retailer

              	 
	
                IBM
      SurePOS 723 IR V3 SSB

              	 	$	31,822	 	 	$	21,246	 
	
                POS
      Peripherals, Programming, Installation and Training

              	 	$	25,860	 	 	$	17,580	 
	 
      	 	 	 	 	 	 	 	 
	
                Total
      Front End System:

              	 	$	57,682	 	 	$	38,826	 
	 
      	 	 	 	 	 	 	 	 
	
                Back
      Office System

              	 	$	21,096	 	 	$	18,386	 
	 
      	 	 	 	 	 	 	 	 
	
                EPS
      Firewall System

              	 	$	5,705	 	 	$	5,705	 
	 
      	 	 	 	 	 	 	 	 
	 
      	 	 	 	 	 	 	 	 
	
                Total
      Investment without Bundled
      Discounts to Retailer

              	 	$	84,483	 	 	 	 	 
	 
      	 	 	 	 	 	 	 	 
	
                Total
      Investment including
      Bundled Discounts to Retailer

              	 	 	 	 	 	$	62,917	 
	 
      	 	 	 	 	 	 	 	 
	
                Total
      Savings on Investment by Purchasing Bundle

              	 	$	(21,566	)	 	 	 	 
	 
      	 	 	 	 	 	 	 	 
	
                Less
      NCR Hardware Trade-in:

              	 	$	(
      7,500	)	 	$	(7,500	)
	 
      	 	 	 	 	 	 	 	 
	
                NET
      INVESTMENT:

              	 	 	 	 	 	$	55,417	 

      

      

      *One Year Warranty on
IBM SurePOS ACE System

      *Applicable
Sales Tax not included

      *50%
Deposit/50% Balance due on Delivery

      Standard
Lead Times are 4-6 Weeks from receipt of signed order and
deposit/PO

      

      
        	
                /s/ Paul R. Cook

              	 
      	
                9/2/08

              	 
      
	
                Retailers
      Signature of Purchase Approval

              	 
      	
                Date

              	 
      

      

      

      Pricing
Valid for 30 Days

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      SALES
CONTRACT

      
        	
                [POSTEC
      Logo]

              	
                Postec,
      Inc

              
	 
      	
                Roswell,
      GA

              

      

      

      THIS
SALES CONTRACT IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS:

      

      
        	
                1.

              	
                This
      Sales Contract shall be effective only when accepted by an officer of
      POSTEC, and executed by both
parties.

              

      

       

      
        	
                2.

              	
                Assent
      of Customer to the terms and conditions of sale set forth below and on the
      reverse side hereof shall be conclusively presumed from failure of
      Customer reasonably to object in writing and from acceptance by Customer
      of all or any part of the material
ordered.

              

      

       

      
        	
                3.

              	
                The
      down payment amount listed on the reverse side represents a non-refundable
      payment as reimbursement for systems consultation services associated with
      site evaluation, system presentation and/or programming documentation of
      the equipment and order processing
costs.

              

      

       

      
        	
                4.

              	
                Title,
      ownership and right to possession of the equipment listed on the reverse
      side shall remain with POSTEC until all sums due under this contract are
      paid.  If payment is not made when due, then POSTEC shall have
      the immediate right to enter any premises where the equipment is located
      and to take possession the equipment without notice or demand and without
      legal proceedings and Customer agrees to pay on demand a reasonable
      equipment rental fee and all expenses which have been reasonably incurred
      by POSTEC including, but not limited to, unreimbursed training and
      installation expenses, attorney's fees and court
  cost.

              

      

       

      
        	
                5.

              	
                Any
      financing documents executed in connection with this contract, including,
      but not limited to, any promissory note, security agreement or financing
      statement shall be deemed to be a part of this
  contract.

              

      

       

      
        	
                6.

              	
                POSTEC
      will endeavor in good faith to deliver products purchased by Customer
      pursuant to this Agreement within the time specified in POSTEC’s order
      acceptance, but POSTEC shall not be liable for any delay in delivery or
      failure to deliver caused by unavailability of materials, strike or other
      labor related difficulties, interruption of production due to mechanical
      or technical reasons, government interfaces or major
  force.

              

      

       

      
        	
                7.

              	
                All
      claims for shortage or damage prior to delivery shall be deemed waived
      unless made in writing and delivered to POSTEC within ten days after
      delivery of the equipment to the
Customer.

              

      

       

      
        	
                8.

              	
                Upon
      delivery, all risk of loss or damage to the equipment from any cause
      whatsoever shall be borne by
Customer.

              

      

       

      
        	
                9.

              	
                The
      price listed on the reverse side may include initial programming and
      training of personnel in the use and operation of the
      equipment.  POSTEC and Customer agree that POSTEC’s sole
      obligation for training is to supply a qualified instructor for the
      designated number of training hours.  POSTEC neither warrants
      nor represents that after such training time any specific individual or
      individuals designated by Customer will be able to properly use and
      operate the equipment.  Any additional training time will be
      billed by POSTEC at its prevailing
rates.

              

      

       

      
        	
                10.

              	
                The
      price listed on the reverse side includes installation of the equipment,
      except that it is expressly understood that installation of the requisite
      AC power lines is the sole responsibility of the
      Customer.  Customer acknowledges receipt of documentation
      concerning the requirements for dedicated, isolated and insulated AC power
      line for all POSTEC equipment.  POSTEC shall not be responsible
      for the inspection of such electrical installation.  Customer
      acknowledges and agrees that POSTEC's warranty is conditioned upon
      Customers providing conditions conforming to POSTEC’s specifications
      including a dedicated telephone/modem
line.

              

      

       

      
        	
                11.

              	
                POSTEC
      warrants that upon delivery, the equipment shall be in good working
      order.  After delivery, should any part of the equipment prove
      to be defective in material or workmanship, POSTEC will repair or replace
      such part at no charge to Customer for a period of one year including
      parts and labor. This warranty is available Monday through Friday from
      9:00 AM to 5 00 PM, excluding holidays.  Labor charges for
      warranty service performed outside of this time period will be billed,
      including travel, at the prevailing rate.  THIS IS THE ONLY
      WARRANTY MADE AS TO THE EQUIPMENT AND IS IN LIEU OF ALL OTHER WARRANTIES,
      EXPRESSED, IMPLIED, OR STATUTORY, INCLUDING THE WARRANTY OF
      MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.  POSTEC'S
      SOLE OBLIGATION UNDER THIS WARRANTY IS LIMITED TO THE REPAIR OR
      REPLACEMENT OF THE EQUIPMENT OR PARTS THEREOF.  IN NO EVENT
      SHALL POSTEC OR ITS EMPLOYEES BE LIABLE FOR ANY LOSS OF PROFITS, LOSS OF
      USE OR OTHER INDIRECT, INCIDENTAL OR CONSEQUENTIAL
  DAMAGES.

              

        
          
             

          

          
             

            
              

            

          

          
             

          

        

      

       

      
        	
                12.

              	
                Warranty
      coverage will not be extended for repairs made necessary by damages due to
      fire, water, storm, burglary, power line fluctuations, spillage, accident,
      negligence, or abuse.  The warranty specifically excludes
      damages to the printer heads or printer motors caused by paper jams or
      insertion of foreign objects between the printer head and the print
      surface.  Any repair resulting from such causes or events will
      be performed only after Customer approval of estimated costs to
      repair.

              

      

       

      
        	
                13.

              	
                This
      contract constitutes the entire contract between Customer and POSTEC and
      may not be amended except by a writing signed by both Customer and
      POSTEC.  Customer expressly represents to POSTEC that no
      officer, employee, representative or agent of POSTEC has made or entered
      into any oral agreement, promise or understanding which conflicts with any
      of the terms set forth in this
contract.

              

      

       

      
        	
                14.

              	
                This
      contract shall be governed by and construed according to the laws of the
      state of Georgia.

              

      

       

      
        	
                15.

              	
                This
      contract shall be binding upon and insure to the benefit of POSTEC and
      Customer and to the successor or assigns of the entire business and assets
      of either of them or of that part of the business and assets of either
      used in the performance of this contract.  It is anticipated and
      understood that POSTEC will subcontract certain of its obligations under
      contract to POSTEC service representatives.  This contract is
      not otherwise assignable without the written consent of the other
      party.

              

      

       

      
        	
                16.

              	
                The
      lack of enforcement, the invalidity for unenforceability of a provision in
      this contract shall not render any other portion or term of the contract
      invalid or unenforceable.

              

      

       

      
        	
                17.

              	
                POSTEC
      shall have the right to terminate any order, or to delay the shipment
      thereof, by reason of the filing of bankruptcy or insolvency proceedings
      relating to the Customer, breach of any of the terms of this contract,
      assignment without advance written approval, the tendency of any
      proceedings against Customer of the Customer's failure to meet any other
      reasonable requirements established by POSTEC.  20% Restocking
      on all returned items.

              

      

       

       

      
        	 
      	
                /s/ PRC

              
	 
      	
                Customer
      Initials

              

      

      

        
          
             

          

          
             

            
              

            

          

          
             

          

        

      

       

      SALES
CONTRACT

      
        	
                [POSTEC
      Logo]

              	
                Postec,
      Inc

              
	 
      	
                Roswell,
      GA

              

      

      

      THIS
SALES CONTRACT IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS:

      

      
        	
                18.

              	
                POSTEC
      will not be liable for any loss or damage resulting from any data loss,
      virus, and/or network security issue which affects customer hardware or
      software.  POSTEC will, at customer’s sole expense, make
      available backup and restoration, anti-virus, or network security
      hardware/software but makes no warranties in relation
    thereto.

              

      

       

      
        	
                19.

              	
                Viruses
      and Security.  It is Customer’s responsibility to have and
      maintain in place virus protection software and security for all of its
      systems and data, which such security includes firewalls, passwords,
      physical security, and access control policies.  If Customer’s
      systems have persistent connections to the Internet, or transmit credit
      card or gift card transactions over the internet, or use SSL to transmit
      credit card or gift card transactions, or otherwise have persistent
      connections to any network where there is potential for unauthorized
      access, Customer acknowledges that the security and protection of the
      network and the data and applications on that network, including
      protections against unauthorized access, is solely and entirely Customer’s
      responsibility.  A properly configured firewall is required for
      each site using a persistent connection to the public internet or any
      private network where there is a potential for unauthorized access to the
      point of sale network.  Customer acknowledges that, to be
      effective, virus protection software, system passwords, and other security
      software require periodic and routine updates, which Customer must obtain
      from its supplier or the manufacturer, as
  appropriate.

              

      

       

      
        	
                20.

              	
                POSTEC
      DISCLAIMS ANY WARRANTY, EXPRESS OR IMPLIED, THAT, AFTER THE INITIAL
      INSTALLATION BY POSTEC OF ANY POSTEC INSTALLED SOFTWARE, THE SOFTWARE OR
      CUSTOMER’S DATA WILL REMAIN VIRUS-FREE.  SUPPORT OR SERVICES
      HEREUNDER NECESSITATED BY COMPUTER VIRUSES, OR BY ANY FAILURE OR BREACH OF
      CUSTOMER’S SECURITY FOR ITS SYSTEMS OR DATA, INCLUDING, WITHOUT
      LIMITATION, DAMAGED CAUSED BY PERSONS LACKING AUTHORIZED ACCESS, ARE NOT
      COVERED UNDER THIS AGREEMENT, AND WILL BE SUPPLIED ONLY UPON CUSTOMER
      REQUEST AND ON A REASONABLE EFFORTS BASIS. CUSTOMER WAIVES ANY CLAIMS
      HEREUNDER AGAINST POSTEC TO THE EXTENT ARISING FROM CUSTOMER’S FAILURE TO
      HAVE OR MAINTAIN CURRENT VIRUS PROTECTION, OR TO THE EXTENT ARISING AS A
      RESULT OF A FAILURE OR BREACH OF CUSTOMER’S SECURITY FOR ITS SYSTEMS OR
      DATA, OR AS A RESULT OF ANY UNAUTHORIZED ACCESS TO CUSTOMER’S SYSTEMS,
      WHICH SUCH UNAUTHORIZED ACCESS CUSTOMER ACKNOWLEDGES CANNOT IN ALL CASES
      BE PREVENTED EVEN IF REASONABLE STEPS HAVE BEEN TAKEN.  IF
      REQUESTED BY CUSTOMER, POSTEC SHALL PROVIDE, ON A RESONABLE EFFORTS AND ON
      A TIME AND MATERIAL BASIS, SUPPORT OR SERVICES TO ADDRESS DAMAGE CAUSED
      BY, BUT NOT LIMITED TO, ANY OF THE FOLLOWNG:  CUSTOMER’S FAILURE
      TO HAVE CURRENT VIRUS PROTECTION; CUSTOMER’S FAILURE TO MAINTAIN VIRUS
      PROTECTION; DAMAGE ARISING AS A RESULT OF A FAILURE OF CUSTOMER’S SECURITY
      FOR ITS SYSTEMS OR DATA; DAMAGE ARISING AS A RESULT OF A BREACH OF
      CUSTOMER’S SECURITY FOR ITS SYSTEMS OR DATA; OR DAMAGE AS A RESULT OF ANY
      UNAUTHORIZED ACCESS TO COMPUTER SYSTEMS.  SUCH SUPPORT AND
      SERVICES SHALL BE BILLED AT THE PREVAILING STANDARD POSTEC
      RATE.

              

      

       

      

      
        	 
      	
                /s/ PRC

              
	 
      	
                Customer
      Initialsex10_42.htm

    
      

    

    EXHIBIT
10.42

    
      PROMISSORY
NOTE

      

      
        	
                PRINCIPAL

              	
                LOAN
      DATE

              	
                MATURITY

              	
                 LOAN
      NO

              	
                CALL /
      COLL

              	
                 ACCOUNT

              	
                OFFICER

              	
                INITIALS

              
	
                $56,000.00

              	
                09-02-2008

              	
                09-22-2013

              	 	
                452

              	
                 

              	
                086

              	
                 

              

      

      

      
        	
                References
      in the boxes above are for Lender's use only and do not limit
      the applicability of this document to any particular loan or item.
      Any item above containing “-
      - -”
      has been omitted due to text length
  limitations.

              

      

      

      

      
        	
                BORROWER:

              	
                AMERICAN
      CONSUMERS, INC. DBA SHOP RITE

              	 	
                LENDER:

              	
                GATEWAY
      BANK & TRUST

              
	 
      	
                55
      HANNAH WAY

              	 	 
      	
                MAIN

              
	 
      	
                ROSSVILLE,
      GA 30741

              	 	 
      	
                5102
      ALABAMA HWY

              
	 
      	 
      	 	 
      	
                RINGGOLD,
      GA 30736

              
	 
      	 
      	 	 
      	
                (706)
      965-5500

              
	 	 	 	 	 
	 	 	 	 	 

      

       

      
        	
                Principal
      Amount:  $56,000.00

              	
                Date
      of Note: September 2, 2008

              

      

       

      
        PROMISE
TO PAY. AMERICAN CONSUMERS, INC. DBA SHOP RITE (“Borrower”) promises to pay to
GATEWAY BANK & TRUST (“Lender”), or order, in lawful money of the United
States of America, the principal amount of Fifty-Six Thousand & 00/100
Dollars ($56,000.00), together with interest on the unpaid principal balance
from September 2, 2008, until paid in full.

        

        PAYMENT.
Subject to any payment changes resulting from changes in the Index, Borrower
will pay this loan in 60 payments of $1,088.38 each payment. Borrower’s first
payment is due October 22, 2008, and all subsequent payments are due on the same
day of each month after that. Borrower’s final payment will be due on September
22, 2013, and will be for all principal and all accrued interest not yet paid.
Payments include principal and interest. Unless otherwise agreed or required by
applicable law, payments will be applied first to any accrued unpaid interest;
then to principal; then to any unpaid collection costs; and then to any late
charges. Borrower will pay Lender at Lender's address shown above or at such
other place as Lender may designate in writing.

        

        VARIABLE
INTEREST RATE. The interest rate on this Note is subject to change from time to
time based on changes in an independent index which is the Wall Street Journal
Prime Rate (the “Index”). The Index is not necessarily the lowest rate charged
by Lender on its loans. If the Index becomes unavailable during the term of this
loan, Lender may designate a substitute index after notifying Borrower. Lender
will tell Borrower the current Index rate upon Borrower's request. The interest
rate change will not occur more often than each month. Borrower understands that
Lender may make loans based on other rates as well. The Index currently is
5.000% per annum. The interest rate to be applied to the unpaid principal
balance of this Note will be calculated as described in the “INTEREST
CALCULATION METHOD” paragraph using a rate of 0.500 percentage points over the
Index, adjusted if necessary for any minimum and maximum rate limitations
described below, resulting in an initial annual rate of simple interest, based
on a year of 360 days, of 6.000%. NOTICE: Under no circumstances will the
interest rate on this Note be less than 6.000% per annum or more than the
maximum rate allowed by applicable law. Whenever increases occur in the interest
rate, Lender, at its option, may do one or more of the following: (A) increase
Borrower’s payments to ensure Borrower’s loan will pay off by its original final
maturity date, (B) increase Borrower’s payments to cover accruing interest,
(C)increase the number of Borrower’s payments, and (D) continue Borrower’s
payments at the same amount and increase Borrower’s final payment.

        

        INTEREST
CALCULTION METHOD. Interest on this Note is computed on a 365/360 basis; that
is, by applying the ratio of the 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. All interest payable under this
Note is computed using this method.

        

        PREPAYMENT;
MINIMUM INTEREST CHARGE. Borrower agrees that all loan fees and other prepaid
finance charges are earned fully as of the date of the loan and will not be
subject to refund upon early payment (whether voluntary or as a result of
default), except as otherwise required by law. In any event, even upon full
prepayment of this Note, Borrower understands that Lender is entitled to a
minimum interest charge of $ 10.00. Other than Borrower's obligation to pay any
minimum interest charge, Borrower may pay without penalty all or a portion of
the amount owed earlier than it is due. 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 and may result in Borrower’s making fewer payments.
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: GATEWAY BANK
& TRUST, Main, 5102 Alabama Hwy, Ringgold, GA 30736.

        
          
             

          

          
            Page
1

            
              

            

          

          
             

          

        

         

        
          PROMISSORY
NOTE

          (Continued)

        

         

        LATE
CHARGE. If a payment is 10 days or more late, Borrower will be charged 10.000%
of the unpaid portion of the regularly scheduled payment or $10.00, whichever is
greater, regardless of any partial payments Lender has received.

        

        INTEREST
AFTER DEFAULT. Upon default, including failure to pay upon final maturity, the
total sum due under this Note will continue to accrue interest at the interest
rate under this Note. However, in no event will the interest rate exceed the
maximum interest rate limitations under applicable law.

        

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

        

        Payment
Default. Borrower fails to make any payment when due under this
Note.

        

        Other
Defaults. Borrower fails to comply with or to perform any other term,
obligation, covenant or condition contained in this Note or in any of the
related documents or to comply with or to perform any term, obligation, covenant
or condition contained in any other agreement between Lender and
Borrower.

        

        Default
in Favor of Third Parties. Borrower or any Grantor defaults under any loan,
extension of credit, security agreement, purchase or sales agreement, or any
other agreement, in favor of any other creditor or person that may materially
affect any of Borrower's property or Borrower's ability to repay this Note or
perform Borrower's obligations under this Note or any of the related
documents.

        

        False
Statements. Any warranty, representation or statement made or furnished to
Lender by Borrower or on Borrower's behalf under this Note or the related
documents is 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.

        

        Insolvency.
The dissolution or termination of Borrower's existence as a going business, the
insolvency of Borrower, the appointment of a receiver for any part of Borrower's
property, any assignment for the benefit of creditors, any type of creditor
workout, or the commencement of any proceeding under any bankruptcy or
insolvency laws by or against Borrower.

        

        Creditor
or Forfeiture Proceedings. Commencement of foreclosure or forfeiture
proceedings, whether by judicial proceeding, self-help, repossession or any
other method, by any creditor of Borrower or by any governmental agency against
any collateral securing the loan. This includes a garnishment of any of
Borrower's accounts, including deposit accounts, with Lender. However, this
Event of Default shall not apply if there is a good faith dispute by Borrower as
to the validity or reasonableness of the claim which is the basis of the
creditor or forfeiture proceeding and if Borrower gives Lender written notice of
the creditor or forfeiture proceeding and deposits with Lender monies or a
surety bond for the creditor or forfeiture proceeding, in an amount determined
by Lender, in its sole discretion, as being an adequate reserve or bond for the
dispute.

        

        Events
Affecting Guarantor. Any of the preceding events occurs with respect to any
Guarantor of any of the indebtedness or any Guarantor dies or becomes
incompetent, or revokes or disputes the validity of, or liability under, any
guaranty of the indebtedness evidenced by this Note.

        

        Change In
Ownership. Any change in ownership of twenty-five percent (25%) or more of the
common stock of Borrower.

        

        Adverse
Change. A material adverse change occurs in Borrower's financial condition, or
Lender believes the prospect of payment or performance of this Note is
impaired.

        

        Insecurity.
Lender in good faith believes itself insecure.

        

        LENDER'S
RIGHTS. Upon default, Lender may declare the entire unpaid principal balance
under this Note and all accrued unpaid interest immediately due, and then
Borrower will pay that amount.

        

        ATTORNEYS'
FEES; EXPENSES. Lender may hire or pay someone else to help collect this Note if
Borrower does not pay. Borrower will pay Lender that amount. This includes,
subject to any limits under applicable law, Lender's costs of collection,
including court costs and fifteen percent (15%) of the principal plus accrued
interest as attorneys' fees, if any sums owing under this Note are collected by
or through an attorney at law, whether or not there is a lawsuit, and legal
expenses for bankruptcy proceedings (including efforts to modify or vacate any
automatic stay or injunction), and appeals. If not prohibited by applicable law,
Borrower also will pay any court costs, in addition to all other sums provided
by law.

        

        GOVERNING
LAW. This Note will be governed by federal law applicable to Lender and, to the
extent not preempted by federal law, the laws of the State of Georgia without
regard to its conflicts of law provisions. This Note has been accepted by Lender
in the State of Georgia.

        
          
             

          

          
            Page
2

            
              

            

          

          
             

          

        

         

        PROMISSORY
NOTE

        (Continued)

        

        DISHONORED
ITEM FEE. Borrower will pay a fee to Lender of $ 15.00 or five percent (5%) of
the face amount of the check, whichever is greater, if Borrower makes a payment
on Borrower's loan and the check or preauthorized charge with which Borrower
pays is later dishonored.

        

        RIGHT OF
SETOFF. To the extent permitted by applicable law, Lender reserves a right of
setoff in all Borrower's accounts with Lender (whether checking, savings, or
some other account). This includes all accounts Borrower holds jointly with
someone else and all accounts Borrower may open in the future. However, this
does not include any IRA or Keogh accounts, or any trust accounts for which
setoff would be prohibited by law. Borrower authorizes Lender, to the extent
permitted by applicable law, to charge or setoff all sums owing on the
indebtedness against any and all such accounts, and, at Lender's option, to
administratively freeze all such accounts to allow Lender to protect Lender's
charge and setoff rights provided in this paragraph.

        

        COLLATERAL.
Borrower acknowledges this Note is secured by UCC ON REGISTER SYSTEM AND ALL
BUSINESS ASSETS, INCLUDING BUT NOT LIMITED TO: ACCOUNTS, A/R, CASH FLOW,
INVENTORY, FURNITURE, FIXTURES, EQUIPMENT, MACHINERY, COMPUTERS, REGISTERS,
LEASEHOLD IMPROVEMENTS, ETC.; ASSIGNMENT OF  CD#22032118 CARRIED WITH
GATEWAY BANK AND TRUST WITH THE APPROXIMATE BALANCE OF $307,900.32.

        

        SUCCESSOR
INTERESTS. The terms of this Note shall be binding upon Borrower, and upon
Borrower’s heirs, personal representatives, successors and assigns, and shall
inure to the benefit of Lender and its successors and assigns.

        

        GENERAL
PROVISIONS. If any part of this Note cannot be enforced, this fact will not
affect the rest of the Note. Lender may delay or forgo enforcing any of its
rights or remedies under this Note without losing them. Borrower and any other
person who signs, guarantees or endorses this Note, to the extent allowed by
law, waive presentment, demand for payment, and notice of dishonor. Upon any
change in the terms of this Note, and unless otherwise expressly stated in
writing, no party who signs this Note, whether as maker, guarantor,
accommodation maker or endorser, shall be released from liability. All such
parties waive any right to require Lender to take action against any other party
who signs this Note as provided in O.C.G.A. Section 10-7-24 and agree that
Lender may renew or extend (repeatedly and for any length of time) this loan or
release any party or guarantor or collateral; or impair, fail to realize upon or
perfect Lender's security interest in the collateral; and take any other action
deemed necessary by Lender without the consent of or notice to anyone. All such
parties also agree that Lender may modify this loan without the consent of or
notice to anyone other than the party with whom the modification is made. The
obligations under this Note are joint and several.

        

        THIS NOTE
IS GIVEN UNDER SEAL AND IT IS INTENDED THAT THIS NOTE IS AND SHALL CONSTITUTE
AND HAVE THE EFFECT OF A SEALED INSTRUMENT ACCORDING TO LAW.

        

        

        BORROWER:

        

        

        AMERICAN
CONSUMERS, INC. DBA SHOP RITE

         

      

       

    

    
      
        	
                By:

              	
                /s/ Michael A. Richardson

              	
                (Seal)

              	
                By:

              	
                /s/ Paul R. Cook

              	
                (Seal)

              
	 
      	
                MICHAEL
      A. RICHARDSON, President of

              	 
      	 
      	
                PAUL
      R. COOK, Chief Financial Officer of

              	 
      
	 
      	
                AMERICAN
      CONSUMERS, INC. DBA SHOP RITE

              	 
      	 
      	
                AMERICAN
      CONSUMERS, INC. DBA SHOP RITE

              	 
      

      

       

       

      Page 3

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