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SBA LOAN N0.
(fw DtNet L~ N~t OvK i2S,000)
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I,egibilit~ oi Mritin~, typins
or priatias nas+?tisi~ctory in ~ ~ ~ ~
this docw~ent !or sicrofilwing Z~p ~ ~
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a (Date) . 19~_
For value received, . (6ereinaf~ccc called ~
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"Undexai~?ed"). pramises W Qay ~o t6e a of Small Business Admiuistrstiou (haeinafoer called "Psyee"~ st
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payea•s Off'ice in'tLe city of . State of ~t .
or at Payree's vption, at auc6 ot~ plue as r be designuted from t~me to time byr the Payee. tbe sum of .
dollars. with iatereat on the unpaid prixipal campnted _ '
l~rru• art ~oone
fr~m the date of esch advance o~ the Undersigped at the rste of percent pa annum. payment w ;
be made in inst~lments aa follaw~
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Paymeat of aay_ iastallment of principal or interest wving on t6is Note may be made prior to the maturity date thereof
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witLout penalty?• ;
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A jfin~otive Cove~ats. - T6e Und~aaigned covenants and agrees that, until the payment in full of the moneys ~
owing on this Note. the Undersig~nod rrill: ~
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1- Deliva to Payee witLin 45 days aher the ead of each fiscal annual period. a balaace sheet of the Un- ;
duaigned as of suc6 date and a profit and loss stateme~ of the Undusigned for suc6 fiscal period, in focm eatisEac- _
tory t,~ the Payee; `
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~ 2. Delivu to Payee aith reasonable promptness snch other f nancial data at such times and in such form as
Payee may reqnesh,
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3. P~y all tazes, asaessments and other governmental charges to which the Undersigned~ or the property of the . i
Undersig~nod, is a ahall be subject befae such chuges became delinquent, euept that no suc6 chuge need be ~
paid ao long as its validity or amount shall be oonusted in gpod faith by a~propriate proceodings and the Under. ~
aigned shatl hsve set up on the books of t6e Unduaigaed such reserve with respect t6ecew as s6a11 be required by
sound accounting practices;
4. Reep all of the real and tangible personal propertj? of the Undasigned insured in such amounts aad against ~
- such riaka ss msy be satiafactory w the Payee or aa ue commonly insured against in the same areaa by.owners of ,
aimilu pn~perty, and msintain in faca policies of ins~raaoe..Satisfactory w Payex. against liability fa damage to .
pereons or property and uad~er all applicaWe woricmen's oompensation laws.
Q~ ~~Q~ SBA Form 3268 (2-66) ~
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