Attached files
| file | filename |
|---|---|
| EX-23.1 - CONSENT OF M&K CPAS, PLLC. - WEED, INC. | exhibit_23-1.htm |
| EX-10.6 - DEED OF TRUST DATED JULY 26, 2017 RELATED TO ACQUISITION OF LA VETA, CO PROPERTY - WEED, INC. | exhibit_10-6.htm |
| EX-10 - SHARE EXCHANGE AGREEMENT BY AND BETWEEN WEED, INC. AND SANGRE AT, LLC DATED APRI - WEED, INC. | exhibit_10-4.htm |
| EX-10.3 - EMPLOYMENT AGREEMENT WITH RYAN BREEN DATED OCTOBER 1, 2016 - WEED, INC. | exhibit_10-3.htm |
| EX-10.2 - EMPLOYMENT AGREEMENT WITH NICOLE BREEN DATED OCTOBER 1, 2016 - WEED, INC. | exhibit_10-2.htm |
| EX-10.1 - EMPLOYMENT AGREEMENT WITH GLENN E. MARTIN DATED OCTOBER 1, 2016 - WEED, INC. | exhibit_10-1.htm |
| EX-3.2 - BYLAWS OF WEED, INC. - WEED, INC. | exhibit_3-2.htm |
| EX-3.1 - ARTICLES OF INCORPORATION OF WEED, INC. - WEED, INC. | exhibit_3-1.htm |
| S-1 - WEED, INC. REGISTRATION STATEMENT - WEED, INC. | weed_s1-17204.htm |
Exhibit 10.5
PROMISSORY NOTE
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$475,000.00
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Date: July 26,
2017
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FOR
VALUE RECEIVED, WEED Inc., promises to pay to the order of A. R.
Miller, the sum of Four hundred seventy-five thousand dollars
($475,000.00), with interest at the rate of 5% per cent per annum,
at 8905 153rd St., Wolfforth, TX
79382 said principal and interest payable as follows:
4
consecutive semi-annual installments in the amount of $118,750.00
plus accrued interest commencing on January 26, 2018 and continuing
on the 26th day of July and the
26th day
of January each year, until the balance of principal and interest
is paid in full. If any payment is 30 days or more late, then a
late charge of $5,937.50 shall be due and payable.
NO
PRE-PAYMENT PENALTY.
It is
agreed that if this Note is not paid when due or declared due
hereunder, the principal and accrued interest thereon shall draw
interest at the rate of 12% per cent per annum, and that failure to
make any payment of principal or interest when due or any default
under any encumbrance of agreement securing this Note shall cause
the whole Note to become due at once, or the interest to be counted
as principal, at the option of the holder of the Note. The makers
and endorsers hereof severally waive presentment for payment,
protest, notice of nonpayment and protest, and agree to any
extension of time of payment and partial payments before, at or
after maturity, and if this Note or interest thereon is not paid
when due, or suit is brought, agree to pay all reasonable costs of
collection, including reasonable attorney's fees.
This
promissory note is secured by a deed of trust of even
date.
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WEED Inc
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By:
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Glenn E Martin,
President & CEO
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STATE
OF
)
) ss.
COUNTY
OF
)
The
foregoing Promissory Note was acknowledged before me this _____ day
of July, 2017 by WEED Inc., by Glenn E. Martin, President and
CEO.
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WITNESS MY HAND AND
OFFICIAL SEAL.
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My
Commission Expires:
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Notary
Public
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KEEP THIS NOTE IN A SAFE PLACE. THE ORIGINAL OF THIS NOTE MUST BE
EXHIBITED TO THE PUBLIC TRUSTEE IN ORDER TO RELEASE A DEED OF TRUST
SECURING THIS NOTE.