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For valne received,~~~ ~ ~i ~ ~ ~ (hereiaafter called
"Underaigned")~ promiaes io pay to tbe order of Small Buaineas Administration (haeinafter esllod "Payee"~ at
Payae's OfGce in the city of 1~~~ . Staoe of ~
or at Pay~ee'a option~ at snc~ otha place as may be designated fcom time to time by tLe Payee. the sum et
dullus. with inter~eat on the uapaid principa! oamputod
lwttt• a.t mwot)
fcom tbe date of esch advaace m the Undersigned at the rat,e of ~ percent waum~
p pec payment to
be made in inatdlments as follava
L»tall~ents,, ioalndiag priaoipal arid interaet, each ia the
amonnt ot f s P+~abl~e ~ontb]y, be63o~n6
aiont~s troio date, eaah aald iaeta3laeat to be i3rat ~prli~ed to
i~terest aoorued to the d~ts at reoeipt ot said install~sat, anid
ths bal~anoes it +~rs to I~ar3uoipol~ aod tLe balancs at pr3~oipal
and iatereat p~yable on a~ beiore ~ Yeara tro~
datre.
Payment of any installment of principal a interest aving on this Note may be made prior to the maduity.dste thereof
witbut penalty.
A f~Cr~ative Cove~uwti. - The Undaaigned oovena~s and ag~eea th~t~ until tbe payment in full of the m~neya
, owing on this Note, the Underai~ will: .
1~ Deliver to Payee within 4S daya afcer the end of eacL ~scal annaal pereod, a balaoce abeet of the Un-
dersigned aa of snch daoe and a pro6t aad losa atatement of the Undersigned for anch fiscal period, ia foim utiafic-
tory to tht Payee:
2. DeGver to Payce ~vith reasonable promptaess such otLa financial data at sach dmes and in sucL fan ss
Psyee may reqneat;
3. Pay all tuea, saaeasments and otha governmental chuges w which the Undersigned, or the ptnperty of the
Uadersigped, is or ahslt be subject before auch cbug~ea become delinquent, euept that m snch chuge need be
p~id so long ss its validiq or amomt shall be oonteat~ed ia ~ovd faith by approQriate prooeedinga sad tbe Under-
sigaed s~all have set ap oa the books of the Undersig~ncd such reserve with respect tLerato ss shill be required byr
son~ sccounting pracdces; ' .
4. Reep all of the raal aad taagiWe parsoaal propertp of tbe Undasignal ins~red in snch amonnts snd against
such risks as may be satisfsc~ocy to tLe Payee or aa are eommoaly insured against in the same ueas by owaers of
sia~ilar property, aad maintain in Eace policies oE insurance, satisfac~cxy to Paree, against liabilitq fo~ damage to
persons or p~aperty aad nnder all applicable vrakmen'a oompensatioa lawa.
$ooK 144 237 S~, F~ ~B ~l
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