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F« ~due ~eoe~vea. / d/~iNt ~Mt~a ~113'~t #11~ ~~6$~ ~ (h«~e;natoa ~ait~a
"Undaaigped"). prcmises to pay m the ada ot Smalt Bnainess Administration (haeinafoer callal "Psyee"~ at
Payee's Office in tLe city of . Staoa oE JM~~ .
or at Payeae:s~cptivo. at ~nch otha pla~ce u va~ be dasigoa~ed from time ~o time by dre Pa~ree, the sum oE
dollus, with inoenat on tbe un d nei 1 t~ed
P+u Pn 1~ ~Pn
, ~s/t. oat ~o.st)
hom the d~Ra of eacb advsece ~ the Unde~sig~~ed at tLe rate of ~ pexoent pa aanum. pspment to
be made ia isstallmeats as follaw~
I~talloen~s~ inolndiog p~ino~pal at~d int~erest~ e~ah in ths
a~oiurt oi # , P~9~ ~Y, ~6~6 ~ ~ ~
ooaiths tra~ dats, eaah aald installaent t~o bs i3sst applied to
3aterast aootnsd to ~a date c! reaei~t ot aaid iastall~eat., aad
t6s b~laaoe~ 3t mqt~ to p~inaip~7., aad t~e balanoe ot pr3r~o3pa1 ~
. -
, ~rd ia~erest p~?abls ~ co~ betase 1~ Yeara lso~
~
I date. .
Payaeat of any installment of principal a intecest owing on tLis Note may be made prior to the maUuity date thereaf ~
witl~out penalty.
d/~irsotias Covs~ta - The Undaaigned oovea~ats and agrees that, natil the paymeat in bill of tLe moneys .
owing on tlus NoLe, the UndersigRed will:
1~ Deliva m Payee within 4S days aher th~ ead af esch fiscal annual paiod, a balance sheet of tLe Uo- ~
dasigncd ss of sach dste and a pro6t aad iosa statement of t6e Undersigned fa anch 6aca1 period, in focro satisfac- ~
tory to tLe Payee;
2. Delirer to Payce witL reasonabla prompmeaa anch otba 6nsacial dats at such times and in snch form ss
Payoe msy ce.qnea~
3. Pay all ta~cea, ssse8aments and otha governmental chargta w~vhich the Undersigned, or tbe propecty of the ~
UndasiBµed, ia a shall be anbject befare snch charge:s become delinqnent~ ezcept thst no aix:h c6uge neod be
paid so loag aa iu validiq or amou0t shall be eontested in good fiith by appropriate pc~xeedings and tbe Under-
sigped s6a11 hsve set np on the books of the Undersigncd anch reaerve~~ith respect thereto aa shall be roquired by
eo~ad aceounting pra~ctices; .
4. Heep all of the real and tangible personal property of tLe Undasigned ias~ed in sn~h amonnts and against
suc6 risks as may be satisfacoocy w the Psyex or as are eommonly insnred agunst in fhe same areas by owaus of
similar p~operty~ and maiauin in focce policiea of insurance, 8atisfactory to Payee, against liabiliey fer damage to
persoas or propecq aad nnder all applicaWe w~orkmen's oompeasation laws.
, SBA Fonm 3268 (I1-64) E
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