HomeMy WebLinkAbout0901 . ~ ; ~~~lii~
y , • y
N o T E SBA LOAN N0.
tF~ c~~.~t Not a.~ us,ooo)
~---~Q~ .
, (C1b m~d Stnt
I
a ]0,000~00 (Date) 3 G ~ 19~
~
Jii~Oi~ ~ 1ia ~H ~~i i
For value received, ~~~/a j~~ ~ (hereinafter called ~
"Undersigned")~ promises to pay to the ader of Small Business Administration (haeinaft,~x called "Payee"), at ~
Payce's OfEice in the city of . State of . ~
or at Payee's option. at snch otha place as may be designated from time to time by the Payee~ the sum of i
~
~ dollus~ with int,erest on the unpaid principal oomputed
lwn~. ooi ~oon~)
f~m the date ot each advance ou the Undersigned at tha rate of h percent pa annum~ payment to
be made in instaliments as follo~vs: .
i
~ta111M11'~~~ 3~IYyI1dLi~ pl3a0,l,pal ~Yd 1~~~ MOb f~l ~N i~10MC0 0~ ~Q3•~~
p4+~~ ~s ~+K d3~ ~1r l~~O~t dal~, Mdt aa1~
io be 3'lre~ ~p3ysd ~t? 3atreaee~s~ a~d to t~r Qa~ od x~o~p~ at aaid ~~r~al3arat,
ast t~ tiaL~ses u~, ~ A~~~i ~od it~e b~3aoo~ ad peiool~l an~ 3~l~a~~ ~
pa~a~U a~a va~ battioer ~n ~ID) !lea~ dai~.
; • 1QCAOFIII[ 11H10 ~
~ : I,e~ibili~y b~ ~itins, typing
~ or printina unsatislACtory in +
€ ~ this docworent for ~icroiil~siag i '
~
! '
~
!
P
~
Payment of any installment of principal a interest rnving on this Note may be made prio~ to the matwity date thereof ;
!
withqut penalty. ~ 's
;
Ajfi?a~ative Covenm~ta. - The Undersigned ooveaants and agreea that, until the payment in [ull of the moneys ~
owing on tlus Note. the Undersigned will: ,
1~ Delivet Lo Payee within 45 days afur the end of each fiscal annual period~ a balance sheet of the Un- ~
deraigned-as of auch dau and a pro6t aud loss statement of the Undersigned for such fiscal period, in fnrm satisfac- {
~
tory w the Payee: i
~
2. Deliver to Psyee with reasonable prompmess such other financial data at such timea and in such form as ~
Payee may request; ,
~ _
3. Pay all tues. assessments and other g~overnmental charges to which the Undersigned. or the property of the ~
Uadasigped, is or ahaU be subject before such chuges become ~elinqvent, ezcept that no snch charge need be ~
paid so long ss its validity or amount shall be oontested in gpod faith by appropriate proceedings and the Under-
sigped s6a11 have set up on the books of the Undersigned such reserve ~vith respect therew as shall be required by ?
~ sound acoounting practices; . ,
4. Reep all ot tbe real and tangible personal praperty of the Undersigned insured in auch amounts and against
such risks as may be satisfact~xy to the Payee or as are oommonly insured against in the same areaa by owners of ~
similu property. and maintain in Eace policies of insurance, satisEactory to Payee. agains~`liability for damage to
persons or property aad under all spplicable ~vockmen's oompensation laws. ~
~
~
g~OK ~,49 3~ SBA Form 3268 (i l•61) "
~
~ - 3 y::
7 k ~ f ~lG':l
i~" w~ S.:- ~ zx.:.
~
y , ~ ~ . ?'o-:_"