HomeMy WebLinkAbout1590 ~ ~ . s
. ;
' f
N O T E '
SBA LQAN N0.
(fe~ Diwet Loo~ Net OvK i2S,000)
t
i
i
~o~~i A ~
. ~ n~w„ r~s~y~`~~O ~
(Addtess - Inctudlrq Zlp Cods)
a~~~''~ . (pate) Gc.~.....~,~ l~ 19 b~ t
i
~r.d~ ~ s~u. ~ au~ ~~ol~ ~
For value received,~ ~t u! (hereicufter called .
_ ~
•`Undersigned"). promiaes w pay to the onla of Small Business Administration (haeinafter called "Payee~~~ st j
t
Payee's OfCce in the city of . Stau of , f
or at Payce's optibn. at such otha place as may be designatod from time to time by the Payee. tLe snm of
tsr t~u~ ~ rq/LOO ~
dollus~ ~vith interest on the uapaid principal oomputed ~
(rlrla ore ~aoM)
from the-dit~ of euh adva;ce t~ the Undersigaed at the rate of ~ percent ua annum. paymeat to
be made in installmeats as follav~ "
Ia~lsllyd~~ l~el~dL~g p~Lr~ip~l aod i~e~, wai 3w ti~ w~ert at =111•fl0 <
~
P~1A~~ ~~Ti ~1~~i t~ ~3~ ~r is~~ Mi aa~ 1a~Aslla~at '
f~ b~ a~pll~ t~ 3~Rsewt a~eve+~N t+~ tir ~rM ~t a~ss~~ ~f ~i -
,~sd t~ D~la~~~ it ~i t~ pel~l,p~l, sai t~r? brl~oM at
peLri~pal an~ LiR~t pya4i+~ a4 ar D~liN !p (10) ~a~ ~r id~.
;
1
- ,
Paymeni of any installment of principal or interest o~ving o~ Note may be made prio~ to the maturity date thereoE -
~viLLont pen=lty.
A j~nwotive Covenanta. - The Undusigned oovenants a~ agrees that, until the payment in iull oE the moneys
wving on tbis Note. the Undersig~ned will:
1- Deliva to Payee within 45 days after the end of each Eiscal annua! period~ a balance sheet of the Un-
~ dersigned as oE such dau and a profit anci loss stateme~ of the Undersigaed for such fiscal period, in Eorm satisfac-
~ tory to the Payee;
~ 2. Deliver to Payee with reasonable prompmess suc6 other financial data at such times and in such form as
~ Payee may request;
pay all tues, assessments ~and ot6er governmental charges tc+ which the U::dersigned, or the property of the
Undersi~ed, in or shall be subjtct before such c6uges become delinqueat. escept that no suc6 charge need be
paid so long as its validity or amount shall be contesud in ~ood faith by appropriste proceedings and the Under- -
signed shsll have set up on t6e boolcs of t4e Undersigned such reserve with respect therew as shall be required by
;
sound acoounting practices; " ~
~
~ 4. Keep all of the real and tangible personal property of the lladersigaed insured in such amounts and against
such resks as may be satisfactory w the Payee or as are commonlY insured against in the same areas by owners of
~ similu property?~ and maintain in face policiea oE insurance. satisfactory to Payee, against liability for damage to
persons or property and under all applicable wakmen's oompensation laws.
SBA Form 3268 (2-66)
~ BooK 16O FACE 390
-~~s.r~~"hs""~. - '~=r
i . K Y~'.y, .asy - •~„Z..~ ~
' ' lt
. ~ . _ _ ....._:~'F