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EXHIBIT A-1
<br /> FORM OF MILLIKIN UNIVERSITY
<br /> PROMISSORY NOTE,SERIES 2026A
<br /> FOR VALUE RECEIVED, the undersigned MILLIKIN UNIVERSITY, an Illinois not for profit
<br /> corporation (the "Borrower"), hereby promises to pay to the order of CITY OF DECATUR,MACON
<br /> COUNTY,ILLINOIS, a body politic and corporate created under the laws of the State of Illinois (the
<br /> "City"), the principal sum of EIGHTEEN MILLION DOLLARS ($18,000,000) on September 1, 2036
<br /> and interest thereon on days and in the respective amounts set forth below:
<br /> SEMI-ANNUAL SEMI-ANNUAL
<br /> INSTALLMENT OF INSTALLMENT OF
<br /> INTEREST DUE ON INTEREST DUE ON
<br /> YEAR FEBRUARY 15 AUGUST 15
<br /> 2027 $426,000 $540,000
<br /> 2028 540,000 540,000
<br /> 2029 540,000 540,000
<br /> 2030 540,000 540,000
<br /> 2031 540,000 540,000
<br /> 2032 540,000 540,000
<br /> 2033 540,000 540,000
<br /> 2034 540,000 540,000
<br /> 2035 540,000 540,000
<br /> 2036 540,000 540,000
<br /> If any date for the payment of principal or interest on this Note is not a Business Day, as
<br /> defined in the Indenture, then such payment shall be due on the first Business Day thereafter.
<br /> Notwithstanding any schedule of payments upon this Note set forth herein or in the Loan
<br /> Agreement hereinafter mentioned, the Borrower agrees to make payments upon this Note and to
<br /> be liable therefor at times and in amounts sufficient to pay when due all principal (whether at
<br /> maturity, by redemption or otherwise) of and interest on all Series 2026A Bonds (as hereinafter
<br /> defined) from time to time Outstanding (as defined in the Indenture). Furthermore, the Borrower
<br /> promises to pay interest on any overdue principal and premium and, to the extent permitted by
<br /> law, on any overdue interest, at the rate borne by the Series 2026A Bonds in respect of which such
<br /> payments are overdue. Such principal,premium, if any, and interest are payable at the designated
<br /> corporate trust office of Amalgamated Bank of Chicago, an Illinois state banking corporation, as
<br /> the trustee (the "Trustee"), under the Trust Indenture dated as of October 1, 2026 (the
<br /> "Indenture"), from the City, or at the office of any successor trustee under the Indenture.
<br /> This Note is issued under and secured by the Loan Agreement dated as of October 1, 2026
<br /> (the "Loan Agreement"), between the Borrower and the City in connection with the issuance by
<br /> the City of its $18,000,000 aggregate principal Revenue Bonds (Millikin University),
<br /> Series 2026A(the "Series 2026A Bonds"). Reference is hereby made to the Loan Agreement for
<br /> A-1
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