HomeMy WebLinkAbout1247 1 ~
N~T~ sa~ ~ou~ No.
f Zc~
~.eesros 6b
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Fos vah~e te~xivod. t~e uAdersf~ed Dra'=Usas o~ pay m tbs order of Sm~ll ~L~ess AdidNsuadm. at dis OtBos d
SmallBt~tiaess AdmWsuatloo. ia tb cit~? oE M~~ Stsw of ~ ~ .
or. sc Psy~ea's op:ioa. at suah othst plsoa u msy ba dast~aoed lraa tlms t~ dmt b~l dr Payee. .
1W~ ~ M ,
si~s out a~uouat)
dollats. wlth iaodrast on nopaW prL~cip~l co~Woed han ths data ot s~ch advsoos 1~ d~e undscsi~ed at
tt~ rats ai Petceot D~ annm, ~Y~mba made la 1mta11cneacs as fdbws:
~1~~
~~~~~~~~~~~~~t~
~ ~i~~t M N tls~t ~l~M M lMN~ ~r~M M 11r ~M ~t s~M~R
r!' MN ~MNi~rM~ aM w O~iM~t~ ~i M MlM1NL~ Mr Mo ~~M
~ ~!lM~t ~ ~M~ ~i~ M ~f r~r ~M ~f0~
!
~
~
~
~
i ' " ; ' ' i i ;
c~ ~ D'v`CtJh'lENTI?s'"._ ST~Z
~P TdX
~ Z _ a>:=: _
~ = sEP~5~66 2 _
- 4500~
ln V CON.pTR4LLER i~ =
[~~.19Ji39
Uadenibsed [ortrst agees trat ii at ~ay ti~e SBA elects to ~ell or ua~sler it~ i~tereat Ia t~s Lo~~ to ~ aa~amre~ueat~l
tr~nsfeme ~d SBA detec~Les ia its sole discretiaa ~t tlat tLe tL~t ~ reasaa~ble nte ot iaterost. takin6 Lto co~sidentio~
~ll pertLe~t t~cton. o~ co~ercial obliastiws, ~ritr aPpto:i~tely tre res~iuua ter~ oi ~6is Nots wd si~ib~ ropa~eat
per~~s~ co~atry ia ~ t`e [hdeni~sa or its pri~dpd pl~ce of b~sLess i~ locatea. i~ ~reater t?b
perce~t ( ~1 per auon. tdes SBA is tierebp ~a~4odsed to ~pecil~ ti~t s~d~ ?i~et
nte ot Lterest iap ?e t6s nte oa ~e rpaid priacipal ca~poted [ra~ tre ~te o[ nci uu~fer. b~t wcl nte ~lall ~ot escaeJ
sevea ~d o~e-~alt perca~t (7'l~X) ~ esu. 7'6e U~aersipsa d~ll tis aotitied ia ~?riti'S eot leu tL~a tr(rqr (JO) d~p~ be(ors
ttie ettective dne of tLe facreaae h tre nte oi i~teteat roaaltL` Iro~ tre ~taewid tnas[er b~ SBA. 'l~I~ obll~tia~ to pnr
~ sod~ jacreaaed rate ot i~tereat aL~ll be bi~dias ~pa~ t`~ D~dersi~e~. it~ wccesson or aui~~.
Ps~rmeat d a~ry insulLnent of prlacipl or tooetest ariaa on dds t~w1s u~ry De made priac w tbe auwriry dsu dureotNtth-
out peaatcy.
1'de ~erm "Iodeboedaess•• as used 6erdo,shtll metn tt~ tudebaedo~e,ss evideoced by thls Note. 1nc~di~ Dtlncip4 1u- !
osrast~ ard expe~sa. r+hett~r oaaW~ent. nor+ due ot Mreafoer to beoa~ due aod whetbr heretotore or ooooempoeanea~sl~?
herexith or I+ereaf~er oaacracoed.'ltre term'~Collateeal'• u used In d~Ls Nae shall anau aa~r tunds. ~+nnde~. or ahet ~
Propert~? or rights thsceiu of uq oamre xl~~ver or t~ Prboeeds tfier~of Mh~cb insy have beea. aee. os breatoer may
be. trypotlbcated. directtp or lndirecdy by We nodarsl~ed or others. in aonoecdoa wtdi. or ss securtty fot. the IodeMed-
uess or aay prt thereof. Tt~e Collatassl. aod each pirc tdereof. s1n3~ secure the L~deb~edness snd each parc d~ereof.l7~
ooveoancs and ooodicia~s sec fortb or referred n in say aad all fastnuna~cs ot hypott~ecadan caudww~g d~e Collateral sre ,
hereby incorporaoed in this No~e as caveaants aad caditians ot tt~ uadersi~~od ti+ith tde same foroe aad e~ct u thou~h `
suc6 coveoaats aM oondiciom weca b~1tl? set Enrd~ herela. ,
,
° R 155 ~`.47 S~, Fa~ „~A ~~5,
- BOOK
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