AGREEMENT FOR VALUE RECEIVED, the undersigned, each as principal, jointly and severally, promise to pay to the order of Amber State Bank at 308 State St., Iowa Town, Iowa, the sum of four thousand Euros (3,500), 60 days from date of this Agreement, for the purchase of 100 shares of Grand Gold Mine, Inc. to be delivered on December 1, 2022,in accordance with the underlying contract entitled Purchase Shares of Grand Gold Mine, Inc., Contract #8675 with interest at the rate of 5% per annum until payment hereof.

Interest shall first be deducted from the payment and any balance shall be applied on principal. We hereby acknowledge receipt of the Grand Gold Mine, Inc. shares and that Amber State Bank has a security interest in the Grand Gold Mine Shares. This Agreement may be changed only by another written agreement.

Principal _________

Principal _________

a. Does this instrument appear to be a note or a draft?

b. Would this instrument be nonnegotiable because the amount payable in words is different from the amount payable in figures? Assume the instrument is negotiablewhat amount is the instrument payable for?

c. Is this instrument nonnegotiable because it states that Amber State Bank has a security interest in the goods?

d. Is this instrument nonnegotiable because it states it is .in accordance with the underlying contract Purchase Shares of Grand Gold Mine, Inc., Contract 8675? Explain. Would your answer to the above question change if the instrument stated it is subject to the underlying contract #1234? Explain.

e. If this instrument is a negotiable instrument, are the principals signing as co-makers or co-drawers?

f. Is this instrument as currently written a negotiable instrument? Explain.