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<br />TENEX ENTERPRISES, INC. <br />NOTES TO FINANCIAL STATEMENTS <br />FOR THE YEAR ENDED DECEMBER 31,2009 <br /> <br />NOTE F - LONG TERM DEBT <br /> <br />Long Term Debt Consists of the following: <br /> <br />Note payable to Chase Auto Finance in monthly installments <br />of$482.08 including interest of7.35% through February 2011. <br /> <br />Note payable to Wells Fargo in monthly installments of$I,144.81 <br />including interest of 9.46% though September 2010 <br /> <br />Note payable to CNH Capital in monthly installments of $820.75 <br />including interest at 7% through August 2013 <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />i I <br />i I <br />I <br />I <br />i <br />I <br />i <br />I <br />I <br />I <br />I <br />i <br />i <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Note payable to CNH Capital in monthly installments of$3,178.01 <br />including interest at 2.9% through January 2011 <br /> <br />Note payable to Diversified Financial in monthly installments of <br />$2,351.03 including interest at 3.49% through March 2011 <br /> <br />Less Current Portion <br /> <br />The loans are secured by vehicles and equipment. <br /> <br />Maturities oflong term debt are as follows: <br /> <br />Period Ending <br />December 31 <br /> <br />Amount <br /> <br />2010 <br />2011 <br />2012 <br />2013 <br /> <br />$ 86,999 <br />19,630 <br />9,107 <br />5.614 <br />$ 121.350 <br /> <br />.' <br /> <br />$ <br /> <br />6,287 <br /> <br />8,859 <br /> <br />31,134 <br /> <br />40,624 <br /> <br />34.446 <br />121,350 <br /> <br />86.999 <br /> <br />$ <br /> <br />34.351 <br />