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For value received, f~~ ~~l~l~i li~or 0~~ ' (he~inatoer called
"Underaigned'•)~ promises to pay to the onla of Small Business Administratio~ (haeinafoer called "Payee"). at ~
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Payee'a Of6ce in the city of . Stau of ~ ~
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or at Payee'a optien~ at auch ot6a place as may be designated h~om time w time by the Payee. the aum of ~
~ dollus. with inuKSt on the unpaid princiQal computed ~
(Vrcu• ane ~wat) ~
from the dat~ of each advance o~ the Undersigned at the rate of ~ percent per aanum~ payment to 3
be made in iastallments as follawa r
Ia~ti~ll~sty i~e~iL~ Pi'lndP~l ~ 3a~~.~ a~ ia ~L~ ar~~ O~f ~i0~.~00 ~
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W?~ ~Ti ~ ~ q~~ tiro~ ~oh n3i 3a~tal.3~ ~
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io b~ !~i a~ppsi~ ~s i~eirwt ae~ ~o t~s iM ~ s~L~ ~t S~s1a13rly ~
a~1 iM brlae~o~~ ~t a~s L 0~'lasilia ant tb~ ba1~~ pr~ne~Lpi amii iat~l+MZ
pya~L art ~e t~taw ~e (30) 3fo~~ '
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Paymeat of any installment of principal or int,erest owing on this Note may be made pria~r w the maturity dat~. thereof
wit6out penalty.
A/j`irinative Covenanta. • T6e Undersigned oovenants and agRees tl~at, until the payment in fnll of the mo.leys
o~ring on thi~ Note, the Undersigned will: _
Deliver to Payce ~vithin 45 days afLer the end of eac6 fiscal anaual period, a balance sheet of the Un-
dersigncd as of such date and a profit and loss statement of the Undersigned Eor such Eiscal period, in form satistar--
tocy to the Payee;
~ 2. Deliver to Payee with reasonable prompmess suc6 other financial dat,1 at such tiaes and in such form as
= Payee may reqnest;
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~ 3. Pay all tues, assessments and other governmental charges to which the Undecsigoed~ or the prqperty oE the
~ Undusig~n~ is or shall be subject beEore such chuges become detinquent, except that no such c6azge need be
~ paid so long as its validity or amo~t shall be oontested in gpod faith by appropriate proceodings and the Under-
si~ed shall nave s:.t up on the books of the Undersigned such reserve with respect thereto as shall be required by
sound acoounting pra: tices;
4. Reep ill of the real aad tangible personal property of tLe Undersigned iasured in suc6 amounts and against
sach risks as may be satisfactay tn the Psyee or as are oommonly insured against in the same areas by.owners of t
similar Qroperty, aad maintain in Eace policies of insurance, satisfactory to Payee, against liability for damage to £
persons or property aad under all applicable workmen's ao~pensation laws. 5
0 R SBA Form 3268 (2-6G) ~
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