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Notes to Financial Statements <br /> Page 9 <br /> Note 7: Notes Payable, continued <br /> 2013 2012 <br /> Interest rate 30-day LIBOR; maturity <br /> Date January 2, 2014; secured by <br /> Health care related receivables. <br /> See Note 20. ' 150,000 - <br /> Long-Term Notes Payable <br /> Notes payable consists of the following: <br /> 2013 2012 <br /> $1,500,000 mortgage note <br /> payable to Branch Banking and <br /> Trust Company; dated April 15, <br /> 2011; interest rate 5.5%; <br /> payable interest only through <br /> April 10, 2012; thereafter, in <br /> monthly installments of $12,688 <br /> with all remaining outstanding <br /> balance due on August 10, 2016; <br /> secured by real estate, <br /> fixtures and equipment located <br /> in Caswell County, North <br /> Carolina. $ 1,384,965 $ 1,459,342 <br /> $2,600,000 mortgage note <br /> payable to Branch Banking <br /> and Trust Company; dated <br /> November 30, 2011; interest <br /> rate 4.95%; payable in <br /> installments of $20,621. <br /> commencing January 10, , <br /> 2012 with all remaining <br /> outstanding balance due on <br /> December 10, 2026; secured by <br /> real estate. 2,369,636 2,494,269 <br /> $2,100,000 mortgage note payable <br /> to Wells Fargo Bank; dated October 12, <br /> 2007; interest rate LIBOR plus <br /> 1.35%; payable interest only <br /> through March 31, 2009, thereafter, <br /> -22- <br />