HomeMy WebLinkAbout1178 . , . ~ t~
NOTE ~ ;
SBJ1 LOAN NO.
(l~ir Di~ Lw~ NN Ow? i~S.000) ;
L~~~•~
(Da~e) , 19______~
For value received, a~~~ iY~ (hereinafLer called
"Undasigned"). pcamises to pay to tLe ocila of Small Busineas Administration (haeinaf~eer called "Payee'7. at
Payee's 0[fice in the city of . S4~ ~ ~
or at Pa~rea's optian~ at snch otba place as aay be deaignaeed from time m dma bp the Pay~ee. t6e sum d
d~llars~ with inoerest on tbe unpaid pcincipal oompnted
(1hu~ ast a~orotl
6~om the date ot each advance b the Undersigsed at tbe rate of ~ percent pa aanum, payment to
be made in installmeata as folta?~
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i~ ~ DOCUMENTA~'N~
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1A V CO~'FTROLLER ti ~ _
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~ Payment of aup instaliment of princip~l a int,eceat awing on this Note mar be made priar co the maturity date thereof
witbtR peaalty. -
Ajf+~ativ~e Co~n~ts. • Tbe Undasigned oovena~s and ag~ees that~ unti) the payment in [nll of the rooneys
! awing on tLis Note, the Utdersig¢ed will:
I
~ 1• Deliver tu Pa ee within 45 da aftar t~e end of each fiscal anana)
y ya period, a balance sheet of the Un-
~ daaigned as of sach date and a profit sad loas statemeaR of t6e Undersigned for such fiscal period, in focro satisfac-
f tory to tbe Papee;
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2. Detiver w Payee ~?ith resaonable prumptaess auc6 other financial data at snch timea and in auch focm as
~ , Payee may reqnes~
~ 3. Pap all tues~ assesamenu and other govecnmental chuges to whic4 the Undersigned. or the pcoperty of tl~e
Undasigped. is a shall be subject befae auch chuges become deiinquent, ezcept that no anc6 c6uge neod be
paid so long as ita validit~r or amount shall be oonteated in gpod fiith by appropriate proceediaga and tbe Under-
~ signed ahall have aet up on t6e booka of tLe Underaigned such reserve ~vith respect theretv aa shall be reqnired by
soand accouating practices;
I
~ 4. Keep all of the real and tangible personal property of the Undusigned insured ia such amounts and against
~ such risks as may be satisfactory to tLe Payee or as ue oommonly insured against in the same ueaa by ownas of
~ similu p~operty, aad maintain in fa~ce policiea of insurance. aatisEactory to Payee. ag~tinst liability tor damage to
I persons or property aad ~wder all spplicable wori~en's oompensation laws.
~ S8A Form 3268 (2-66)
~ aooK 154 5_78
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