HomeMy WebLinkAbout0187 N O T E ~ ~
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For value received. (hereinafLer called
••U~asig~od"). pramises w pay w tbe ordv of Small Business Administration (6ereinaEo~x called ••Payee,•~ at
Payee's OfGce in the city of ~ . State of .
or at Pay~c's optian, at snch ot6a place aa may be designatcd f~um time to time by the Payee. the sum af
lars. with interest on tLe uapaid principal oompnted
(r/etb art ~ot)
frnm the date of each advance o~ the Underaigned at the rate of ~ perceat per aannm, piyment to
be made in iastallmeats as follaw~
7setallments~ includ3og pri.noipal aa~d iuterest, each in the
amount ot g~_~_, Ps~qabls month~y, taeginr~3r.B T11Ir
montha irom date, esoh sa3d iastallment tv be flrst spplt~d ta
intsrast acarued to tbe date ot reoe3pt aY sard imtal~~t, e~
i the bPlaaoe, ii ar~r, to p~in~oipa,l~ and the bala~e o1 grina~~al
,
~ and imterest ps~rable on or beiore (~i, years iro~e ~
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date.
Psyment of any installment of principal ar int,ereat awing on this Note may be made pria to t5e maaaityr date thereof
witboat penalty. .
A j/`irwotiae Cove,w~ts. -'1'he Undasig~cd aovenaats and agRces that, nntil the payment in inll oE the mo~ej?s
owing on this Note. the Undusig¢ed will:
1~ Deliver to Papee witLin 4S dajrs after the end of each fiacal annail period, a balance sheet of the Un- '
dersignod ss of snc6 dste and a proGt and loss atatemeut af the Undeisigned fa snc6 fiscal periad, in fo~m satisfic-
tory tn the Pa~ree; - -
2. DeUva tio Payee witb ressonable pco~ptness aach ot~ financial data at auc6 times ud in snch Eorro as
Psyee mar reqnes~
3. Pay all tues, assessaeats aud other gpv~an~ental charges t~ which t5e Underaigaed, oc d~e pro~perq of the
Uadasigned. is ar a6a11 be sabject before snch charges beoooe d~eliaqaeat, e~cept ti~at no a~ charge ~etd be
psid so lc~ng as its ~alidiq a aa~mt aball be eoa~,es~ed ia ~OOd fiith b~ apQropriaoe proceediag~ ~nd t~e Usda
sigped ahall hsve set ap aa tbe bool~s of tLe Undersigaed sach rese~ve with c~apect tLereto as sLall be «~aiced b' ~
saund aoooanting practices;
4. [eep all oE tLe real aod taagible paaoaal propenj oE tbe Uadersigned iss~ed i~ s~ ao~ts aad ag,ainst
snc6 risks s oar be satisfactoc~ to tbe Payee or ss are ao¦~o~l~ iasde~ed a~aiast ia ~he sa~e aras b~ owae~a of
aisilu pcnpeit~, aad ~siatais ia Eace poiicies of issora~ce, satisfacoor~ to Pa~ee, a&aiast liabiliq for dasage to
persoos ot prope.rq and oed~et all applicabie wnrictea'a oo~pessatioa laws. ~
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' - SBA Fa~ 326B (I1-6n
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