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N O T E SBA LOAN N0.
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AY~MY MiLt.IAr ~iAiAM ~1D fll'!Y J~'~L i~LrO~AM
Fa value received..,,! ?.~i iT~i1N~i ~11SCi C~ (hereinaft,er called :
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"Undersigued"), promiaea w pay w the ada of Small Business Adp~inistration (haeinaft~er called "Payee"), at ~
Payee's Of6ce in the city of ~;1mL . State of aas~el~
or at Payee's option. at such otha place as may be designsted from time w time by the Payee~ the sum of i
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~~1~ dollars~ with interest on the unpaid principal computed ~
(1hu~ oat ~onm)
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from the dat~e of each advance m tbe Undersigped at the rate of percent per annum~ payment to i
be made in installmeats as follaws:
Zf1t~1M11ti~ LIilY~iif~ P~N~MI atla ~11~l~lit.~ ~i~! u1 ~N ~OU11t O~
:l~r.oo. ~ab~l. .ontblr. e.~in~irg tUs+. (a) .e~tl~ tro. a.t., .~an .aia
irutal3awrrt te b~ lisst aopliad to ir~ta~st aeasu~d te t!r d~te s~aipt ~
et sale install~t, aa~d ~b. b~lans~, i! ~I. !e Os'insipal. a~d tM
b~l~ psineipal ana int~st p~bl~ un es bttosa srv~n (1) yMSs
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v7 COMPTROILER " =
P.~3.~ss~ae = ~
Payment of any installment of principal ar inurest owing on this Note may be made prior to the mainrity date th~reof ~
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witbut peaalty. ~
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A~~nwative Coveaaata. - The Undersigned oovenants a~ agrees that, uatil the payment in full of t6e moneys '
owing on this Note, the Undersigped will: ~
1~ Deliva to Payee within 45 days after the end of each Gscal annual period. a balance sheet of the Un- ~
dersigned as of such date and a profit and loss statemeut of the Undersigned Eor such Cscal period, in form satisfac-
~ tory w tbe Payce;
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~ 2. Delivtr to Payee with reasoaable promptness such other finane~al data at such times and in such focm as
~ Payee may requeat;
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~ 3. Pay all tazes. assessments and othu governmeatal charges to which the Undersigned~ a the property of the
~ Undersigped, is a shall be subject befae such charges become delinquent, ezcept that no such charge need be i
~ paid so long as its validity or amount shall be oontest,ed in good faith by appropriau proceedings and t`he Under- ;
sigaed s6a11 have set up on the books of the Undersigned suc6 reserve with respect therew as shall be required by ~
sound acoounting practicea;
4. Re all of the real and tangible personal property of tl~e Undasigned insured in such amounts and against ~
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such risics as may be satisEactory to the Payee or as ue c~ommonly insured against in tbe same areaa by ownas of ~
similu property. aad maintain in Eacce policiea of insurance, satiafactary to Payee, agaiast liability fa damage to ;
persoas or property and under all applicable workmen's oompensation laws.
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~ g~~K 15z • ~Z SBA Form 326B (11•64)
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