HomeMy WebLinkAbout1161 . Y • ' •
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(~61) ~~~.4 r
FoRr /~iE~e C ~ ~ f~ oR~o,~1~
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(City and Stat~)
(Dats) ~7/~IQI ~ , 19 ~r`
t
For value swcelvsd, ~ ~ ~ . (Aerainafter colled
, _ . ,
"U~d4tslqnedu 1 Promlasa to pay to ths o[der of ~ •
(he~einafter called "Holdet"I~ at ita b~kinq houee ths clty oi . Stats of
~ , or at Holder's optioa, at such othss place as may b~ dssiqnnted trom time to tims by
the Holde~, tM sum ot dollars
(Write out amo~t)
with intereat on the ur?paid prlnclpal computed from tbe date oi each advance to the UnderaLqnad at ths mts of ~L.
percent pet annum
ment to bs made in installments as tollows: "
l~1~M~ ~~r~r1 a~M ~ ~A ts M~ ~ ~1! ~~+~M~
~~?i. M~~ Iw ~ ~M~ ~ ~M~ Mw ~M i~iM~
M 1~ ~rt ~i M ~MN~ ~M~ri M Mr ~M ~ ~M ~i~
~t~ +rr w w~i ar/a M/~iN~~ +Ai W Mi~~ ~t ~~i
f~rw~t ~.~M ~ ~e M~/wr M~t ~1i ~s iM. -
~
j Payment of ~y lnstalla~ent of princlpal a intereat owlnq on thia Note mny be made priar to the lmatutity date thereof w!t?r
E out penalty.
E AfEitm~U~e Coveeante. - The Undersiqned covenants and a¢ees that, untll the poyment in full of the m~eys owinq on
~ thia Note, the Undersiqned will:
~
i
{ 1. (a) Keep proper boaks of account 1n manner satfafacto~y to Holder; (b) Authorize at Underaiqned's ezpenae irispao-
~ tlon and audlts by Holder of any boots, records and papers in the custody oc control of Undersfqned or others, re-
:atinq to Undarsiqned'e fincncial ar busL~eas oonditloae, lncludinq the maklnq of copiea thereof mid abstracts
theretrom and fnapecuo., and appcafaal of any of [lndersiqned'e aaaets.
2. Deliv~r to lioldsr t~ereof within 45 days after the snd of each fiscal annual period. a balance aheet of the Under-
siqned as of such date cnd a profit and loas statement of the Undecalqned fac such flsanl period. 1n form satisfacr
tcry to the Holde: heteof:
3. Delivsr to Holder hsreof with reasomble promptness auch other flnancinl data at euch times and ln s~ form as
Holder may rsquest;
4. Pay all tazes, assesaments m~d otber qovernmental ch~ges to which the Undersiqned, oc the pmperty of the Undet~
~ aiqned, is oc shall be subJect before auch ch~qea become dallnquent, ezcept that no such chQqe need be paid so
~ lonq as lts valldity or amount aholl be conteatsd in qood faith by appcoprlats p~roceedirsqs and the Underaiqned
p lqned such resecme with res raqulred by eound
~ shall havs set u on the boots of the Undars pect thereto as shall be
accountinq peoctices;
~ S. Keep all of the teal aad tanqibls personal property of the Undersiqned fna~aed fn auch amounta ~d aqainet such
:faks as may bs satisfactory to the Holder or as ~e comrnonly lns~red aqainst in the same areas by owneis of
simll~ propecty, and main~aln in foroe polic3~a of ineurance, satls6actory to Holdet, aqafast lfability far domaqe
to perso~ or propsrty cnd ~der dl applioable workmen'a compensation laws.
6. Use tbs ptoceeda of the loan solely for ths p~aposss approved ir~ the Autharization for the Loan faaued to Bant by
SmaU Buainesa Adminiatration (herei~wfter called "SBA"). i, .
i „ TS~S ov ~~~4• Dect• S~'.4M~S
•To bs illled 1n only on Immsdsate Particlpotion loans. ~FpiX ~A TO ~/e/Q/pAL
.
" ~tta~s~S PaGE ~96 600K17~ PAGE~15~
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