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<br />. <br />, <br /> <br />TENEX ENTERPRISES, INC. <br />NOTES TO FINANCIAL STATEMENTS <br />FOR THE SIX MONTHS ENDED JUNE 30, 2007 <br /> <br />NOTE E - LONG TERM DEBT <br /> <br />Long Term Debt Consists of the following: <br /> <br />Note payable to Piramus Financial Services in monthly <br />installments of $391.31 including interest at 8.94% <br />through April 2010. <br /> <br />Note payable to Chase Auto Finance in monthly instalhnents <br />of $428.08 including interest of 7.35% through February 2011. <br /> <br />Note payable to Key Equipment Finance in monthly installments of <br />$682.55 including interest of 10% through December 2007. <br /> <br />Note payable to Volvo Finance in monthly installments of $3,502.39 <br />through September 2007. <br /> <br />Less Current Portion <br /> <br />The loans are secured by vehicles and equipment. <br /> <br />$ <br /> <br />11,002 <br /> <br />18,455 <br /> <br />1,301 <br /> <br />10.399 <br />41,157 <br /> <br />21.550 <br /> <br />$ <br /> <br />19.607 <br />