CMA Consolidated, Inc. & Subsidiaries, Inc. - Page 71

                                       - 37 -                                         
                    FOR VALUE RECEIVED, * * * [Cap Corp.], hereby                     
               promises to pay on or before November 30, 1996 to the                  
               order of * * * [petitioner] all principal and interest                 
               outstanding according to the attached Schedule A under                 
               this note.                                                             
                    1. This note (the “Note”) shall bear interest from                
               the date hereof on the principal amount of the Note                    
               outstanding from time to time, at the rate per annum                   
               (on the basis of a 365-day year for the actual number                  
               of days involved) of 10%.                                              
                    2. This Note shall be governed by and constructed                 
               in accordance with the laws of the State of California.                
                                                                                     
               Sometime on or after November 30, 1996, Koehler signed a               
          document entitled “Schedule A” acknowledging that petitioner had            
          transferred funds to Cap Corp. that it was to repay.  The                   
          Schedule A contained the following:                                         
          Interest    Principal     Interest      Total                               
          Date         Loans      Accrued      Balance      Balance      Balance      
          1-1-95         --          --       $858,990.87       --      $858,990.87   
          1-31-95        --       $7,295.54    858,990.87   $7,295.54    866,286.41   
          2-28-95        --        6,824.86    858.990.87   14,120.40    873,111.27   
          3-31-95        --        7,530.88    858,990.87   21,651.28    880,642.15   
          4-30-95   ($360,000.00)  7,295.54    498,990.87   28,946.82    527,937.69   
          5-31-95     196,425.65   4,374.71    695,416.52   33,321.53    728,738.05   
          6-30-95    (136,412.00)  5,906.28    559,004.52   39,227.81    598,232.33   
          7-31-95       5,168.00   4,900.86    564,172.52   44,128.67    608,301.19   
          8-31-95     (97,422.00)  4,946.17    466,750.52   49,074.84    515,825.36   
          9-30-95     174,405.00   3,964.18    641,155.52   53,039.02    694,194.54   
          10-31-95    150,000.00   5,621.09    791,155.52   58,660.11    849,815.63   
          11-30-95    289,436.76   6,719.40  1,080,592.28   65,379.51  1,145,971.79   
          12-31-95     40,000.00   9,473.69  1,120,592.28   74,853.20  1,195,445.48   
          1-31-96    135,000.00   9,824.37  1,255,592.28   84,677.57  1,340,269.85    
          2-29-96      86,000.00  10,319.94  1,341,592.28   94,977.51  1,436,589.79   
          3-31-96      40,000.00  11,761.90  1,381,592.28  106,759.41  1,488,351.69   
          4-30-96     169,000.00  11,734.07  1,550,592.28  118,493.48  1,669,085.76   
          5-31-96      72,000.00  13,594.23  1,622,592.28  132,087.72  1,754,680.00   
          6-30-96     141,100.00  13,780.92  1,763,692.28  145,868.64  1,909,560.92   
          7-31-96     181,000.00  15,462.51  1,944.692.28  161,331.15  2,106,023.43   
          8-31-96        --       17,049.36  1,944,692.28  178,380.50  2,123,072.78   
          9-30-96     138,926.00  16,516.56  2,083,618.28  194,897.07  2,278,515.35   
          10-31-96    208,000.00  18,267.34  2,291,618.28  213,164.41  2,504,782.69   
          11-30-96    235,657.46  19,463.06  2,527,275.74  232,627.46  2,759,903.20   







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