HomeMy WebLinkAbout2900 ~ L-1~9 ~ 7].O~I~L~
N t~ T E ss~ ~o~ No.
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~ 17~ 750.00 (D,?u) y/G ~ 19 G.f
~r~tSL1LIATi HET~RY ~~TARN and .'~LI7RED J. T. N~.ARN~
Fa value reteived, ~ d,~b~a F:tZNTIAiG ~SY HEARN (h~rciaafnrr called
°'Uod~ersigaed"), pc~misea co pay to the order of Small $nsiatsa Administratioa (haeinafur called "Payee")~ at
Payee'a Of~ce in the city of A~~~ , Stau of ~r~~ .
tx at Payee's t~tiar~ :t sach oth~a~ place as may be dtaignated fram timz tn time by ihe Payee, tbe aum oE
S EV~~T,"TE~N THOU~ ~'!t~ 5LN E~1 Ht~;~?RSD P I F~7 _ 1:ND~~~~
- doZlus~ weth in~t,erest oa the unpaid princip~tl computed
(1rrltw oot ~wat)
' from the date of euh advance o~ the Undersigaed at tbe rate of ~ percent per aaaam, pay~nent to
~ be msde ia instdlmenta ae Eollvwa:
In,eta~l~tgy i.nalnding pr~inc~ipal and intere~t, each i.n the a~nauitt
af g2$~.00~ Pa~l~hle monthl,y~ b~ginning thrse (3) ~onths f'rrc>m date,
sach said installment 'ta be f'ire~L ~pplied to lntsr~ast scarued to
t~e dar,~ of receipt o~ said inatallment~ atai tae ba~~ac~~ i.P ar~r~
t~o ~rincipal~ and r,he b~.l.ance of
prir~ci~al and interest payable on or
betore six (6) years fYrom dats.
Payment oE any installrnent oE priacip:l a inurest owiag on this Noxe may be made prio~ to the maturity date thereoE
wit6out pe~lty.
A~fir~tiv~ Co~a~aata. - The Undersigned oovenaata a~d agrees that, uniit t~e payment in full of the moncys
oAing on this Note~ the Undersigned aill:
1~ Deliv~tr tr~ Pa.yte wiihin 20 days after the end of each fi$ci! aanual ptriod, a bal~ce s6eet of the Ua-
~dersigaed as of such date •nd a profit and loaa at~xement of thC ~ndersigned for such fiaca~ ~+eriad, ia focro satiefac-
~xy to the Pay~e;
~ 2. Deliver to Fayae ~vith reasonable promptnees euch othee financial duta at such times and ia auch form ma
Payee may request;
3. Pay all tauces, sssessmeats xnd otbtr g~ov~eromental chugea to which the Un+ier~igned~ or the property of the .
Uadereig~ned, is or shall be subdect before such chugea become deliaqnent, eacept tbat rsa ~~h charge need be
paid so lo~g as ita vaiidity? or amouet abali be contested i~ ~d fait6 by apprcrpriau proceedings s~ the Under-
sigt~ed s6a11 have set np an tlre books of the Undersigned such re~erve with reepect thereto as shall be required 'by
souid accouaiing pr~cticea;
4. Ktep all of t~e real and tangible persona] praperty of tbe U~dusigned iasuaed ia sucb atnou~ta and sgiinst
such risks as may be satisfactay to tbe Payre a as are oommoaly in~uud againat in t5e asmE areaa by ownaa of
similar property, aad maiatain in face policies of insuraacef sacisfactory to Payee, againat liability far damage to
p~e~ws~, or pn~erty aad under all s~splicable warbnen`a com~scnauion laws.
0 R ~~?e~ SBA Farm 3266 (8-63)
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