HomeMy WebLinkAbout1346 N O T E ~ ,~°"a'''°''.'~.°
SBA LOAN N0.
(fa Di~et L~ t1~t Owr i~2S.000)
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(Adderss - Includl~q Z1P Cod~)
~ (Dace) . 1~~.-
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Far value received, I ~ (bereinafoer called _
"Undaaigned"). premises w psy w the onler of Smalt Business Administration (hereinafoer called "Psyee"~ at
Payee's OfEice in the city of . State of .
or at Psyee's eptioo, at sucb otba place as msy be designated Erom time to time by the Payee, the sum af
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dullus. with int,erest on t6e unpaid principal oompnud
(aKa o.~ ~ood)
fc~m the dace of e:c6 advance to the Undersigned at the rate of ~ percent pa annum. payment to
be made in installments as follav~
~.ZL~y smiW~s ~~pai ao~ saA~wit, ~ s. ttr ..a.r at ~L6R3.vo~
D~11~~ ~~Vi ~i~~~ a~1~ l~+s iMy r~i rs3i N b~
t~ .~i.r ~ ir....~ .~e~..r a ~a. a .c
.~t ~4. tal.~..,. +r?. .r f~. .t ~..~.i .~o~ Loi...~
~ py~L ~s ~ ~ea~ Ma (~01 i~n'~ ir1!, -
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Payment of any installment of pcincipal or interest o~ving on this Note may be made pria tn the maturity date thereof
~vitbort penalty.
A~fir~ative CovesaRta. -'fhe Undasigned oovenants and agrees that, until the payment in [ull of the moneys
owing on this Note. the Undersigped ~vill:
1• Deliva ta Payee within 45 days sfter the end of esch fiscal annual period, a balance sheet of the Un-
dersigned as of such date and a profit and loss stateme~ of the Undersigned for such fiscal period, in form satisfac-
wry to tLe Payee; -
2. Deliver to Payee ~vith reasonable prompmess auc6 otha financial d~ta at anc6 times a~ in such focm as ~
~ Payee may request; f
~ 3. Pay all tazes. assessments and other governmental chuges to r~vhich the Undecsigned. a the property of the
Undersi~ed. ia a shall be subject before such c6uges became delinqnent~ e:cept that no suc6 chuge need be
paid so long as its validity or amonnt sball be oontested ia 8ood faith by appropriate proceedings aad the Under-
signed shall 6ave aet np on t6e books of t6e Underaigned such reserve with respect t6areto as shall be required by
sound aooonatiog practices;
4. Reep all of tse real and tangible peraonsi property of the Undasigaed insured in such smounta and against
auc6 risks aa may be satisfutory to the Payee or as ue oommonly insured against in the same ueaa by.ownas of .
aimilu property. and maintain in farce policies of inswance, astisfactory to Payee~ against liability fa damage to
persona or property aad ~mdet all applicaWe wakmen's eompensation laws.
Q~ 16~ SBA Form 3268 (2•66) -
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