Document:

PROMISSORY NOTE

$850,000.00                                        December 30, 1999

     FOR VALUE RECEIVED, the undersigned, Donald Riesterer, (herinafter
"Borrower"), (if more than one, then jointly and severally), as maker promises
to pay to the order of Dave Thomas, Emil A. Gluck, and Douglas A. Larson and
their successor (herinafter the "Lender"), or order at 1421 North Broadway,
Suite 108, Menomonie, Wisconsin, 54751, or at any other place designated by
the holder hereof, in lawful money of the United States of America, the
principal sum of Eight Hundred Fifty Thousand dollars and 00/100 ($850,000.00)
together with interest rate of Eight and three quarters percent (8.75 %) per
annum on the principal balance outstanding from time to time hereunder.

     EVERY MONTH payments consisting of interest only in the amount of Six
Thousand One Hundred Ninety Seven dollars and 92/100 ($6,197.92) each shall be
made commencing on January 31, 2000 and on intervals of every month thereafter
until December 31, 2000, at which time the principal balance shall be paid in
full. Interest shall be calculated from the date hereon.
     The lender acknowledges that certain shares of stock were given by
Borrower as an additional incentive to lend. A further condition of this note
shall be that the principal balance of $850,000 shall be forgiven if, at any
time during the one year term herein, the bid price for the stock averages
$ 1.00 for a 4 week period and a buyer is available for the 850,000 shares
referenced herein.

     This Promissory Note may be prepaid, in full or in part (but if is part,
in multiples of no less than ($100.00), at any time, or from time to time
hereafter, without premium or penalty. Interest shall be computed on the
unpaid principal balance at the end of each day as follows: The rate of
interest shall be divided by 365 and the unpaid principal balance of the Note
shall be multiplied by the percentage so obtained. Payments hereunder shall be
applied first to accrued by unpaid interest and the excess, if any, to the
principal.

     This Promissory Note is secured by a mortgage of even date in property
commonly described as 1800 and 1802 Wooddale Drive, Woodbury, Minnesota

     In the event of any default in the terms hereof or the payment of any
principal when due hereunder, then the entire unpaid principal balance of this
Promissory Note shall, at the option of the holder hereof, become immediately
due and payable, in full, without presentment or other notice or demand of any
kind. Failure to exercise such option, however often, shall not constitute a
waiver of the right to exercise it thereafter.

The following events shall constitute a default:

1.) The apparent insolvency of the Borrower;
2.) Appointment of a Receiver for Borrower's property and business operations;
3.) The commencement of bankruptcy proceedings, voluntary or involuntary by or
    on behalf of the Borrower;
4.) The failure to timely make payments set forth herein;
5.) Failure to timely make payments for merchandise received on credit from
    lender;
6.) The sale of all or substantially all of Borrower's assets;
7.) A default as defined by documents executed concurrently herewith; and
8.) The failure to abide by any of the terms set forth herein.

<PAGE>

The Borrower agrees to pay all cost of collection, including reasonable
attorney's fees and legal expenses, incurred by the holder hereof at any time
in the event this Promissory Note is not duly paid or a default exists. The
Borrower agrees to submit to the jurisdiction of the Hennepin County District
Court, State of Minnesota, in the event a dispute arises herein. The holder's
rights or remedies hereunder shall be cumulative and in addition to other
remedies which may be available at law.

     In the event any provision(s) herein becomes enforceable as a matter of
law, said provision(s) shall be stricken and the remaining provisions shall be
valid and enforceable.

     Presentment or other demand for payment, notice of dishonor and protest
are hereby expressly waived.

This Promissory Note shall be governed by the laws of the State Minnesota.

BORROWER

/s/Donald Riesterer                           /s/signature illegible

Donald Riesterer                              (Witness)

                                              /s/William R. Rieser

                                              (Witness)

GUARANTY

Northwest Financial Group, Inc., through the undersigned officer, does hereby
guaranty payment of the above debt and pledges its assets, as described in
that Mortgage of even date, toward full payment thereon.

Northwest Financial Group, Inc.

/s/Donald Riesterer

Donald Riesterer, President

<PAGE>CONSULTING AGREEMENT

     This consulting  agreement (this "Agreement") is made the 20th day of April
2000 by and between Parks America! Inc., (the "Company"),  and Shipwright Assets
Limited (the "Consultant").

                                    RECITALS

     WHEREAS,  the  Company  wishes to engage  the  Consultant  with  respect to
certain aspects of its business;

     WHEREAS,  the  Consultant  is willing to make  available to the Company the
consulting services provided for in the Agreement as set forth below;

                                    AGREEMENT

     NOW  THEREFORE,  in  consideration  of  the  premises  and  the  respective
covenants and  agreements of the parties  herein  contained,  the parties hereto
agree as follows:

     1.   TERM

     The term of this  Agreement  shall  commence  on the date hereof and end on
     June 30, 2001.

     2.   CONSULTING SERVICES

     (a) Long range corporate planning and business  development,  including but
     not limited to the development of corporate strategy,  market direction and
     implantation of business plans;

     Review and analysis of potential markets and customers in such markets.

     Review of operations and analysis of deviations  from the business plan for
     such markets.

     (b) Compensation.  In consideration of the consulting services set forth in
     paragraph 2 (a), and subject to the terms and  conditions  set forth herein
     the Company  hereby  agrees to issue to  Consultant  750,000  shares of the
     Company's  Common stock (the "Shares") and register such shares at the time
     of  initial  issuance,  or  immediately  thereafter,  on Form S-8 under the
     Securities Act of 1933.

     (c) Issuance.  Issuance and delivery of the Common Stock shall be within 45
     days of the full reporting date of the company,  at which time, the Company
     shall deliver to the Consultant:

          (i) the certificate or certificates evidencing the Shares to be issued
          to the Consultant and the respective dates,  registered in the name of
          the Consultant; and

<PAGE>

          (ii) evidence  that the Shares have been  registered on Form S-8 to be
          filed upon issuance of the Shares to the  Consultant,  registering for
          resale thereof.

     (d) Expenses. During the term of the Consultant's engagement hereunder. The
     Consultant  shall be  entitled  to  receive  prompt  reimbursement  for all
     reasonable  expenses  incurred by the  Consultant  in  performing  services
     hereunder, including all travel and living expenses while away from home on
     business at the request of and in the service of the Company, provided that
     such  expenses  are  incurred  and  accounted  for in  accordance  with the
     policies and procedures  established by the Company,  and that any expenses
     in excess of $500.00 have been pre-approved in writing by the Company.

3.   CONFIDENTIAL INFORMATION

     (a)  Confidential   Information.   In  connection  with  the  providing  of
Consulting  Services,  hereunder,  the Company may provide the  Consultant  with
information  concerning  the Company which the Company deems  confidential  (the
"Confidential  Information").  The  Consultant  understands  and agrees that any
Confidential  Information  disclosed  pursuant  to  this  Agreement  is  secret,
proprietary  and of great value to the  Company,  which value may be impaired if
the secrecy of such information is not maintained. The Consultant further agrees
that he will take  reasonable  security  measures  to  preserve  and protect the
secrecy  of such  Confidential  Information,  and to hold  such  information  in
confidence and not to disclose such  information,  either directly or indirectly
to any person or entity during the term of this  agreement or any time following
the expiration or termination hereof; provided, however, that the Consultant may
disclose the  Confidential  Information  to an assistant to whom  disclosure  is
necessary for the providing of services under this agreement.

     (b)  Exclusions.  For purposes of this  paragraph 3, the term  Confidential
Information shall not include  Information which (i) becomes generally available
to the public other than as a result of a disclosure  by the  Consultant  or his
assistants,  agents or advisors, or (ii) becomes available on a non-confidential
basis to the  Consultant  from a source other than the Company or it's advisors,
provided  that  such  source  is not  known to the  Consultant  to be bound by a
Confidentiality  agreement with or other obligation of secrecy to the Company or
another party.

     (c)  Government  Order.  Notwithstanding  anything to the  contrary in this
Agreement,  the  Consultant  shall not be precluded  from  disclosing any of the
Confidential  Information  pursuant  to a valid  order  of any  governmental  or
regulatory authority, or pursuant to the order of any court or arbitrator.

     (d) Injunctive  Relief.  The Consultant  agrees that,  since a violation of
this paragraph 3 would cause irreparable  injury to the Company,  and that there
may not be an adequate remedy at law for such violation,  the Company shall have
the right in addition to any other  remedies  available at law or in equity,  to
enjoin the  Consultant in a court of equity for violating the provisions of this
paragraph 3.

                                       2
<PAGE>

4.   REPRESENTATION AND WARRANTIES OF THE COMPANY

     The Company hereby represents and warrants to the Consultant that as of the
date hereof and as of the Closing Date (after giving effect to the  transactions
contemplated hereby):

     (a) Existence and  Authority.  The Company is a corporation  duly organized
and validly  existing in good  standing  under the laws of its  jurisdiction  of
incorporation  and has full power and authority to own its respective  property,
carry on its  respective  business  as no being  conducted,  and enter  into and
perform its obligations under this Agreement and to issue and deliver the Shares
to be issued by it hereunder. The Company is duly qualified as a jurisdiction in
which it is  necessary  to be so  qualified  to transact  business as  currently
conducted.  This Agreement,  has been duly authorized by all necessary corporate
action, executed, and delivered by the Company, and constitutes the legal, valid
and  binding  obligation  of the  Company,  enforceable  against  the Company in
accordance  with  its  terms  subject  to  applicable  bankruptcy,   insolvency,
reorganization,  moratorium  or other  similar laws relating to or affecting the
rights of creditors generally and to general principals of equity.

     (b)  Authorization  and  Validity  of  Shares.  The  Shares  have been duly
authorized and are validly issued and outstanding, fully paid and non-assessable
and free of any  preemptive  rights.  THE  Shares  are not  subject to any lien,
pledge, security interest or other encumbrance.

     (c)  Authorization  of  Agreement.  The  Company  has taken all actions and
obtain all  consents or  approvals  necessary to authorize it to enter into this
Agreement.

     (d) No Violation.  Neither the execution or delivery of this Agreement, the
issuance  or  delivery  of  Shares,  the  performance  by  the  Company  of  its
obligations  under this  Agreement,  nor the  consummation  of the  transactions
contemplated  hereby will conflict  with,  violate,  constitute a breach of or a
default  (with the passage of time or otherwise)  under,  require the consent or
approval of or filing with any person  (other than consent and  approvals  which
have been  obtained and filings  which have been made)  under,  or result in the
imposition  of a lien on or securities  interest in any  properties or assets of
the Company,  pursuant to the charter or bylaws of the Company, any award of any
arbitrator  or  any  agreement  (including  any  agreement  with  stockholders),
instruments, order, judgement, decree, statute, law, rule or regulation to which
the  Company  is party or to which any such  person  or any of their  respective
properties or assets is subject.

     (e)  Registration.  The Shares have been,  or will be upon the filing of an
S-8 Registration  Statement,  registered pursuant to the Securities Act of 1933,
as amended, and all applicable state laws.

5.   FILINGS

     The Company shall furnish to the Consultant,  promptly after the sending or
filing  thereof,  copies of all reports  which the  Company  sends to its equity
security  holders  generally,   and  copies  of  all  reports  and  registration
statements  which the Company files with the Securities and Exchange  Commission
(the "Commission"), any other securities exchange or the national Association of
Securities Dealers, Inc. ("NASD")

                                       3
<PAGE>

6.   SUPPLYING INFORMATION

     The Company shall cooperate with the Consultant in supplying such publicity
available  information  as may be  reasonably  necessary  for the  Consultant to
complete and file any information reporting forms.

7.   INDEMNIFICATION

     (a) The Company shall indemnify the Consultant from and against any and all
expenses  (including  attorneys'  fees),  judgements,  fines,  claims,  cause of
action,  liabilities  and other amounts paid (whether in settlement or otherwise
actually and  reasonably  incurred) by the  Consultant in  connection  with such
action, suit or proceeding if (i) the Consultant was made a party to any action,
suit or proceeding by reason of the fact that the Consultant  rendered advice or
services pursuant to this Agreement, and (ii) the Consultant acted in good faith
and in a manner reasonably believed by the Consultant to be in or not opposed to
the  interests  of the  Company,  and with  respect  to any  criminal  action or
proceeding,  had no reasonable  cause or believe his conduct was  unlawful.  The
termination of any action,  suit or proceeding by judgment,  order,  settlement,
conviction,  or upon a plea of nolo contendere or its equivalent,  shall not, of
itself, create a presumption that the Consultant did not act in good faith in or
not opposed to the best  interests  of the  Company,  and,  with  respect to any
criminal action or proceeding,  had reasonable cause to believe that his conduct
was unlawful. Notwithstanding the foregoing, the Company shall not indemnify the
Consultant with respect to nay claim, issue or matter as to which the consultant
shall have been adjudged to be liable for gross negligence or willful misconduct
in the performance  other duties  pursuant to this Agreement  unless and only to
the  extent  that the  court in which  such  action  or suit was  brought  shall
determine upon  application  that,  despite the adjunction of liability,  but in
view  of all the  circumstances  of the  case,  the  Consultant  is  fairly  and
reasonably  entitled to indemnity for such expenses  which such court shall deem
proper.

     (b) The Consultant shall indemnify the Company from and against any and all
expenses  (including  attorney's fees),  judgements,  fines,  claims,  causes of
action,  liabilities  and other amounts paid (whether in settlement or otherwise
actually and reasonably incurred) by the Company in connection with such action,
suit or  proceeding  if (i) the Company was made a party to any action,  suit or
proceeding by reason of the fact that the Consultant rendered advice or services
pursuant to this  Agreement,  and (ii) the  Consultant did not act in good faith
and in a manner reasonably believed by the Consultant to be in or not opposed to
the  interests  of the  Company,  and with  respect  to any  criminal  action or
proceeding,  did not reasonably believe his conduct was lawful.  Notwithstanding
the foregoing,  the  Consultant  shall not indemnify the Company with respect to
any claim,  issue or matter as to which the Company  shall have been adjudged to
be liable for gross  negligence or willful  misconduct  in  connection  with the
performance of the  Consultant's  duties  pursuant to this Agreement  unless and
only to the extent that the court on which such action or suit was brought shall
determine upon application that, despite the adjunction of liability, bu in view
of all circumstances of the case, the Company is fairly and reasonably  entitled
to indemnify for such expenses which such court shall deem proper.

                                       4
<PAGE>

8.   INDEPENDENT CONTRACTOR STATUS

     It is expressly  understood and agreed that this is a consulting  agreement
only and does not constitute an employer-employee relationship. Accordingly, the
Consultant agrees that the consultant shall be solely responsible for payment of
his own taxes or sums due to the federal, state, or local governments, overhead,
workmen's  compensation,   fringe  benefits,  pension  contributions  and  other
expenses.  It is  further  understood  and  agreed  that  the  Consultant  is an
independent  contractor  and the  company  shall  have no right to  control  the
activities  of the  Consultant  other than during the express  period of time in
which the Consultant is performing  services  hereunder,  and that such services
provided   hereunder   and  not  because  of  any   presumed   employer-employee
relationship. The Consultant shall have no authority to bind the company.

     The parties further  acknowledge that the Company's  services hereunder are
not  exclusive,  but  that  the  Consultant  shall be  performing  services  and
undertaking  other  responsibilities,  for and with other  entities  or persons,
which may directly or  indirectly  compete with the  Company.  Accordingly,  the
services of the  Consultant  hereunder  are on a part time basis  only,  and the
Company shall have no discretion,  control of, or interest in, the  Consultant's
services which are not covered by the terms of the Agreement. The Company hereby
waives any  conflict of interest  which now exists or may  hereafter  arise with
respect to Consultant's current employment and future employment.

9.   NOTICE

     All  notices  provided by this  Agreement  shall be in writing and shall be
given by facsimile  transmission,  overnight  courier,  by registered mail or by
personal delivery,  by one party to the other,  addressed to such other party at
the applicable address set forth below, or to such other address as may be given
for such  purpose by such other  party by notice  duly given  hereunder.  Notice
shall be deemed properly given on the date of the delivery.

                  To Consultant:         Shipwright Assets Limited
                                         200 South Knowles Ave.
                                         Winter Park, Florida  32789

                  To the Company:        Parks America! Inc.
                                         Box 1400
                                         Eagle, Idaho 83616

10.  MISCELLANEOUS

     (a) Waiver.  Any term or provision of this  Agreement  may be waived at any
time by the party entitled to the benefit  thereof by a written  instrument duly
executed by such party.

     (b) Entire  Agreement.  This  Agreement  contains the entire  understanding
between the parties hereto with respect to the transactions contemplated hereby,
and may not be amended,  modified, or altered except by an instrument in writing
signed by the party against whom such amendment,  modification, or alteration is
sought  to be  enforced.  This  Agreement  supercedes  and  replaces  all  other
agreements  between the parties  with respect to any services to be performed by
the Consultant of behalf of the Company.

                                       5
<PAGE>

     (c) Governing  Law. This  Agreement  shall be construed and  interpreted in
accordance with the laws of the State of Florida.

     (d) Binding  Effect.  This Agreement shall bind and inure to the benefit of
the  parties  hereto  and their  respective  heirs,  executors,  administrators,
successors and assigns.

     (e) Construction.  The captions and headings  contained herein are inserted
for  convenient  reference  only,  are not a part  hereof and the same shall not
limit  or  construe  the  provisions  to which  they  apply.  Reference  in this
agreement  to  "paragraphs"  are to the  paragraphs  in this  Agreement,  unless
otherwise noted.

     (f)  Expenses.  Each party  shall pay and be  responsible  for the cost and
expanses,  including,  without  limitations,  attorneys's fees, incurred by such
party  in  connection  with  negotiation,  preparation  and  execution  of  this
Agreement and the transactions contemplated hereby.

     (g)  Assignment.  No party  hereto may assign any of its rights or delegate
any of its obligations  under this Agreement without the express written consent
of the other party hereto.

     (h) No Rights to Others. Nothing herein contained or implied is intended or
shall be  construed to confer upon or give to any person,  firm or  corporation,
other than the parties hereto.

     (i)  Counterparts.  This  Agreement may be executed  simultaneously  in two
counterparts,  each of which  shall be  deemed  an  original,  but both of which
together shall  constitute on and the same agreement,  binding upon both parties
hereto, notwithstanding that both parties are not signatories to the original or
the same counterpart.

                                       6
<PAGE>

     IN WITNESS  WHEREOF,  the parties have executed this  Agreement on the date
and year first above written.

                                            PARKS AMERICA! INC.

                                            By:/s/ Larry L. Eastland
                                               ------------------------
                                            Its: Chairman

                                           Shipwright Assets Limited

                                           By:/s/ Thomas Tedrow
                                              -------------------------
                                           Its:Managing Director

                                       7

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