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HomeMy WebLinkAbout1713 , ; ~ v ~NifN~1~A . N O T E SBA LOAN N0: ~F.~ o~~ N~ a.~ us,ooo~ t«~r ~a saa) ~ 1~~000~00 (Daoe) . 19 L~ONA~D A. ~lISL ~ II~iIA t~RIE! ~1l~. Fo~ value received,~ i~ T.V. TiAZ.ii i~ (hereinaft,er called •`Undersigned"). Pramisea to pay tn the ada of Small Business Administratios (hereiasfur called "Payee")~ at Payee'8 Office in the city of A~~~ . Statc of ~~i~ . ..~:=x. or at Payee's option, at auch otba plsce as may be deaignated Ecom time to time by the Payee~ the aum of ~~~~1~ dollars. ~vith inLerest on tha unpaid principal oomputed (rnt• odt ~a.m) fcnm the date of each advance L~ the Undersigned at the raLe of 4 percent pa aanum. payment to be made in instaliments as folloava ~ Iastali~ts ~ itKludi~q Prle~eiPal ~nd int~s~st, ~k in th~ a~ount 0! i1~4.00, ~ab1• .a~tblr. bpinr~e~v t~ar~. ta) .ont~As tro. aat., .stb .asa install..nt to b~ lisst apPli~d to int~syst ~?acsu~d to tM dat~ ot sra+ip~t o~ sai~d _ instalL~at, and ttN balaas~~ i! ar?~I~ to PslnaiPal• and 1A• balaaa oi Pr~uQiOal and int~s~s! Paysbl~ oa os b~tosy t~n ~10 ll~ass lso~ dat~. i t ~ ~ I 1 Payment of any installment of principal a interest owing on this Note may be made pria to the maturity date thereof i without penslty. ' i i Ajfinaat+ve Coveaawta. - The Undasign~d ooveaants and agceea that, until the payment in full of the moaeys ~ owing on this Note, the Undersiped will: ' 1~ Deliver w Payee within 4S dsys after the end of each Gscal annual period, a balance sheet of the Un- dusigned as of such date and a profit and loss statement of the Undersigned fa such fiscal period, in focro satisfac- tay tn the Payee; 2. Deliver to Payee wit6 reasonable prompmess such oth~r financial data at such times and in such form as Payee may request; 3. Pay all tazes, assessments and otha governmental charges to which the Undersigaed~ or the property of the Uadersigped, ia or shall be subject before such chuges become delinqaent, eicept that no such chuge need be psid so long as its validity or amo~t shall be oontested in good faith by appropriate proceodings and the Under- sig~ed shalt hsve set up on the books of the Undersigned such reaerve with respect thereto as shall be required by sound acoounting praccices; 4. Reep alt of the real and tangible personal pcopecty of t6e Undasigned insur~ in sueh amounts and against such risks as may be satisfaccory to the Payee or as are oommonly insured againat in the same areaa by ownus of similar property, and maintsin in face policiea of insurance, satisfactory to Payee. against liability for damage to ~ persons or property aad uader all applicable ~rorkmen's oompensation laws. , i SBA Form 3268 (Il•64) u- ~ , Y,,:,;~ _ 1 ¢ ~ r"i-~.s ~ t L%Vr ~ ~ ~C,~-.