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For valne receivcd,l all~/a 1t i, 1~ (heceinsfax c.lled
"U~daaigped"~ p~+omises co pay oo the ada of Smsll Bnsi~ss Administration (haeinaf~a called "Psyee"~, at
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Payee's O~ce in tba cityr of ' ~ Sta~e of ~ ~a ,
or at P~~'~ aption, at soch ot6a pl~ca ~s o?ay be desigo~t,od f~os time to tima b~r the Psy~, the sum cE
d~llua. with inteceat on tha unpud priacipal oompnted
~ (felt~ are a~ooetl
fr+on d~ daLe of e~ch advaace tc> tbe Undecsigoed at the rate of ~ pucent pa aan~. payment to
be cvade ia iastalime~ts as follaw~ -
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It~tallt~eats~ inoLid3ag pr3ooipal aad intereat, each in ~the ;
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a~oona~ o! ~ pe~abl~° a°'°th]y~ b°83noi°6 ~ ' ~
~ lsao date, eaoh aa3d 3natallaent to bs t3rst applled to
3aterest aooraed to the date ot rsoeipt at said iostall~rent, aad (
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ths balanoe~ it to p~3a~o3pa1, and t~e-balanos ot pr3o~o3pa1
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a~d 3aterest ~ab1,a on aoc betare ~ Y~ t~ #
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; date. i
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Pay~aeat of any installment of principal a interest awiag on thia Note may be made pria to the maturity date thereof
vvitbout penalq.
Af
firwativa Covs~asts. - The Undasig~od oovenanta and :g,ceea tlwt, uadl the payment in intl of the m~neys
owing on this Note, the U~dersigned will:
1~ Delivei ~ Payee within 45 diys after the end of each fiscal annual period, s balance aheet of the Uo-
deraigned as of such date snd a pro6t and loss sutement of the Unde.rsigned fa such 6sca1 period, in form aatisfac-
tory to tbe Payee;
Z Deliver w Payee with reasonable prompmeas anch otLa finsncial data at anch dmes and in such ferm as
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3. Pay all tuea~ aasessmenta and otha govetnmenul cLuges to ~icb the Undersigaed, ec the p~+operty of the
Underaig~tal, is oc aLall be snbject beEore snch chugea became delinqneat, ezcept that no ancd chuge need be
paid so long ss its vatidiq a~mt shall be oontested in ~ood iiith by appropriate proceediugs aud tLe Under-
sigped ahall have aet up on tbe books of the Underaigttied suc6 resecve with respect thereto as ahall be required bq
eonnd sooountiag pra~ctices; •
:
4. geep aIl of the real and tsngiWe person~ property of t6e Undersigned insarod in anch ~monnts and againat
sucL rislca u mar be sadsfutory to tLe Payee or aa ue oommonly insnred agaiast in the same aress by ownas of
sinilar prope~tr, aad maintain in Eocce policiea oE insurance~ as~sfactay w Payee~ sgainat liability for damsge to
peraons or pnopatp.and nnder all applicaWe w~erl~en's oompensstion lawa.
~ R' SBA Foen 3268 (11-61)
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