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HomeMy WebLinkAbout0673 ~ NOTE SBA lOAN N0. ~ ~ , ~e.~~...~ _ ,1,,~ 7 ~ . , rctcy an snue~ ~ (pate; ~.c~-~ c e~ i `f` 6 ~ For value received~ d~e undersigned proa?ises w pay to the order of Small Husiness Administration, at the Office of Small Business Administratioa. in the city ot ~ State of ~ or. at Payee's optlon. at such nther 41ace as may be desi~ated from tirr~e tu time by she Payce. (vVrioe out an~wnt) _ _~ollars. with interest on unpaid principal compu~ed from the dau of each advance oo the uadersi~ied ac rhe rate of percent per annum~ Pr+Ymenttob+e made in installment~s as foltoas: ~ ~L~ ~ ,~1 r~ ~ ~ ~ ~r ~~+~~~i~~ ~el~ ~!1 ~rMZa~t M lw ~t ~1~rd 1r #r~e~et a~+r~d #~S i~w ~+d~r? ~i sMwd~rt a~t ~t ~ !Ir tai~~r !s ~r~i~ ~ed ~ ~rrs ~ }~s~p~1 ud ~e~t ~1+~ w ae b~l1~~ a~r t9' 7"~~ !l~aa dsM~. r Payment of arry irtstalllment of prin~ipal or interest owing on this Note may be made prior to the maturity date ther~of with- out penalty. The term "Indebtedness" as usec! herein shall mean the indehtedness evidenced by this None. inctuding principel~ in- terest, and expenses~ whether cantinger?t~ now due or he~eafcer oo beaome due and whether heretof~rc or ctmtenzporaneausly herewith or hereaf[er contracted. The terrn "Callateral" as used in this Naoe shall mean any funds~ guaranties. or other properry ar rights th~rein of any naa~re whatsoever or d~e prcxeeds shereof xhich rr~y havt boen. are. or hereatttr may b~e, hypotl~at,ed. directly or indireccly by the undersigr~d or others. in evnr~tian r+ith~ or as securiry for, th± Indebted- ness or any part thereaf. The Collaterai~ and each part theroof, shall secure r2~e Uxkbtedr~ess a~ each parc tl~reof. "!he covenants and c~diri~ set forth or reftrred m in any and all in.strurr~mLS of trypothecatian constitutin8 the Co1la~eral are hereby incorporaoed in thL Nou as cuvcnanu and cond.itions of d~e undersi~ with ti~e sarre torce and eff~ct as ~haugh such covenancs and ccxMitions wtre fully sex forth herefn. 800K . ~~1 ~gA. F'orn: 147 (9~3) ~ ~