HomeMy WebLinkAbout2247 , + ' ` ~ + . `y t ~ s
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' ~`61~ NOTE
f~et ~L~sw~ ~ioeLia ,
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(Dat.1 , 19
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Fot ralw s~e~i~r~d~ ~ 1~~ _,;'r (be[~LMit~t Called
nUndsnfQn~d~~ 1 PraiaLs+s t9 PQI? to tlrs «d~e ot J -
(b~iaraft~e call~d "Hold~s'9. at its bankinq Aous~ W t2M city ot- f~~• , State of
. a~ at Nold~e's. apUon.• at suab otlr~c p1a.Y as ~ b~ d~aiqnaba f[an 4~ ZP t~ bl/
the Ho~ld~[, th~ sum ot ~ ~ ~ ~ . _ . dollacs
(Write out aeoou~t) ~
with lnterest on t!r unpnW pdnclpnl eomputsd trom tbe dat~ ot eoch ad~rance to tbs Uadasslqnsd at t!r ea~ qt
psrosnt psr atu?um P°y"
mu?t to b~ mods ln lustadlae~?b as follawse •
~rl~lr ~i M~ ~ ~ 1M ~irA i ~rM~?
~A/M~~ MM~~i ~1~~ ~is wI~M~ !!~1 i~l~r wM l~I~i~ 1r w
M iMii~ ~w11M~ M ~ `IM ~t ~M~ ~t ~1+~ ~IMil~i~lr
~ ~ t~¦~ p~ ~ ~ ~
~ . ~
Payment oi any Insballment of ptiuclpal o~ laterest owinq oa tlds Nobs m~r b~ iood~ pH~oc to t6s mat~aity dab thsc~oi witM
I • out penalty.
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~ A~tiw~tl~e Co~uu. - Tbe LJndersiqnsd oovsranb aad oqcees that, untll ths pnyment in fuU of the monsys awinq on
~ thLs Nots, the LindersLqned willt
1. (a) Keep propec~booka of aceaunt 1n mann~ satlafactary to Holder, (b) Authorize ct Undersi~ed's espsnse inspse-
tion and audits blr Holder of any books, recoccis and papen 1n the custody o~ c~trol ot Uadeislqnsd a~ others, re-
latioq to Und~slq~ed's flnancial oc business oondiUons, mcludinq ths maklnq of copiea thsreof aad abstmcta
t6erefsom md fo~pection and appraisal oi any of Undersiqned's assets.
' 2. DsLver to Holder harsof within 45 days atter ths end of each ltaoal annual pesiod, a ba1m?cs ahest of tbs L)ndee~ ~
sl~d as of sudi dut~ aad a~+otit md losa s~temeat ot t6e Undacslqn~d far such flsoal period, in tarm satls€aa
tary to the Hold~ hsceof: ~
3. Dsliwr to Hold~e lwreot with reosoeaWa pcomptness sud~ otbsr iliwncfal data at such t1m~s and 1n such foem as
liolder maY t+sque~ti
a'
4. Por all t~ss, aases~wenb m~d othee qovKnmental chauqes to wWcA the Underaiqnsd, oc tM propsrty of ths U~dee~
•l~~sd, is or alwL bs ~ub)ect befoee s~ch ch~qe~ bscome d~linqusnt, ezospt that ao such cliQqe need bs pafd w
1«p as its wlidity oe amouat sholl be contsstsd !a qood fnlth bp apprapcbats pe~oossdinqa and ths Undeniqned j
shall haw set up on tbe books ot the Undarsiqnsd such naerre Mrith rsspsct tharsto as ahall bs e~squhed by sound
~~9 ~~i
5. K~ all oE ths nal ~d tonqtbi~ psrsonal prop~rtr of tM Undessiqnsd tns~ssd 1n ~uc6 amounts cnd aqalnst sucl~
elska as may b~ ~atlPfactory to tM HoW~r ae w~s oommooly ias~sd uqaSnst fn the same arsm by ownera of ~
r
simfl~ pcop~ctr. md malntaio !n foca polici~s of lasucanc~, qatlsfnctaey to Hold~r, oqal~ut If~abilltp far danioq~ ~
to pessons ae prop~etr aad ~a~dae aU appllcable wockmn?~a compsnsatlon lm~s. ~
6. l)s~ tbs proca~ds ot tAe laan sde17/ far tM Pucpo~es oppcond in th~ Authorlsatfon for the L.o~ fasued to Bank by
SmaII Buslaess Adminbtratiaa (hu~simft~r oall+d •'SBA'9.
•To b~ flll~d !n oaly oa Imm~dlob PattcipaUon loa~.
ooK 168
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