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Home My WebLink About2903 , . " . ~ . . . ~ ~ - - . _ . . . . „ . Oa d~mond~ nL~b~rN Fbid~r and SB/1. r.sp.c~iwl~.tccv~+y~a ai~ •sp.~..• incure.d, or r+lach ma~i b. h.e~wte.s inc~sr.d br ~ . tiold~c or SBA fsom tLe~ to tlw~ la co.~ctbn wtth os by c~woa ot boreow~s's appllcotlon far. ~d t!M moklaq aad odmtni~tra- . ~ tbn oi. tb~ loaa. , , . ' . • ~ Cvmp~MOtlon. Bosro~wt wlll llmlt tlr totvl mu?ud eoaK~enwtlon (lrcludlnq wlarfN~ r?itlfdrawab. botw~s, conrel~- sloas. diawLq acroounb and otM~ poym~nts wh~tb~c dinct or lndlnct, la ma?hr,.or ot6~ewl~~) oi all ottlc~rs. sto4khald~t~• PQ~!~. P~~Ntan oc oth~c~ amn~d h~c~1n to tM [o11orL+a aq+wd p~ncn~ b th~ awouat ~et opposib ~aeA r~- ap~cUw ~am~i . . . . . . , .t . _ . . . : • . _ . . „ . ~ . . . t~.• r~ . , , , •E NA~E " . . P06ITpN A?qUPiI' . . . ~ . . . . . °i~ . ' u. , . ~~:i ~t• i~_ ~ . . :u• • - ~ . . . ..i;S~ 4:,.i- ~.c.: (N.u.;:• , ~r:.J.s ,•-..i~::t• , . . ,•q . - , i r,-~- • , , . . . , .'~.y: - .~tihai~`:~G:~: Cd~w.~..;y!:....• ULt: ~uas ~~t• t..t: }..i..:.H . , . . , i , . . ~ ~ ;c:~..7 . . „a~. , t~ , . .::r;: ;}'Z7.' i~F.. S:~_ t,.,s. . . , . . ~ : ~ . . ~ . . . . ~ . ~ . . . . ~ . , . , .t' _ . . . _ . . ~ r:... t Iot~. t~. . . . . ~ . and, it p~~mithd by th~ Authocisotbn or by Holdar. suc1~ a~ditionol omount to ~acA wid patty as map b~ n~e~s~ary to pap hl~ lnoom~ ta~s on sald comp~wtlon caoput~d oa tM basis thot euch oooip~nsarioa ts hU ooly Jnaws~, porld~d fhot such addi- , tioaal aRwuat sholl not ua~d tb~ n~t ta~ payabl~ bp ~aeh wld party. Bo~ro++r~~, ii a op~pavtloe. !pop. ~~PO~ Ptlar ~lthn . notSc~ to 6ont of ib L?batloa ~o to do. occsw a? lts boolcs ar pa~I additlonal oospwwtba to arir p~esa? nm~d 1~1a pco- •3ded thot, i[ pnfd, such additiawl caoep~awtton L lmmidlat~ly loan~d to Barorwr~br ~ueb qsrai Eoc t6t u~i ot Ban~o~w~e uatll tA~ L,ocn fs pald ln full. - - , . . . . . . . • _ Ne~Uve Core~aau. -.1b,UndKs.l9ned:cownnnb and oqisss t6ot.~w~tbout ttr ptfo~.writt~n ca~at.oi th~ lio~ldK_las~oi, tht Und~tslaMd will_ewt: , , . , . . - . . . . . , . . . . _ ~ . ~ , 1. Cc~ate, oss~ oc otMewiM sutf~r to e:lst anr moctqoq~. pl~dq~ os otMt lncuobeanc~ upa~ aar oE tt~ r~l ar tcnqfhls p~rsaa- , . nl prop~rtr oE the Und~rslqn~d. wh~thse tww ownsd or Mr~oihr pcquired. e:e~pt (a) l1~ep foe ~M or oth~ qovarems~tol - charq~s aet d~ltnqwnt ac bvioq contesbd 1n qood taith, or (b3 p~rclww mon~y WAS upon PcoP~rty ooQulnd aftw eM daN oi th~ Nob. cod oth~r li~ns npm such pcopKtp at tM timt oE ths acquisttba tLa~ot. : . . . 4. IE Und~tslqn~d 1s a oocpaation, dsclan or pay anr di~ldend o~ mdc~ aar dlrtrlbutba ~wn !b oa~ital ~tock. or purchoss or ' r.ur. ~r ~ot «s ~sa~ .~oct, o: ~on.olsaoa o~ me~ye ~ih a.,r osti.r oo~~r. oe mak~ ~ ad~ana, dfneely ar fndlrsctly. br • Mwp ot lomi, qife, Eonw~ aomNs~iay or other~riss, io o~r ~e~r dsncuy or ~a~r ~aou~o oe Qiwi~.a ~.~w or oon- ~ trolled b~r Lh~d~ralqeNd, ot to my oEitoer, dlr~c~or. or ~mplo~re~ of Undenfqn~d, oc of my such ooupanl?. (W tf Uad~siqned is a poctnsrship ae iadi~lduol, mat~ mqr distrlbutlon of asa~b oE ths business of Undral~d~ other tMn rso~onaN~ oompewation br wevioi~, oc mob mp ad.anee, a~r.ctlr oe fnd~rscelr. br .var of loa~, yiEt, bonv., oommtsstoo, or otha~.ris., ~o aay ~ararr - , ar aay o[ Ib •malor~s. a b aalr aampanr alr~ctlr oe sndfrectly oona~oUlnq or afilllat.d Mdth oe ca~eroil.d by Undarslynsd. Ewnb oi D~faul~ T6s lndsbtednew (lncludinq p~incipal. lnier~at and e~ey~s) ~ball fmmsdlat~lr b~com~ dw md payahl~, wlthout aotiee oe d~mond, ~on th~ appointment of a ~soslr~r or 1lquidoto~, wl~th~e ~roluntary ae laroluntairy, foc ths Under~ . stynea or Eoc any af tts proPenr. or upon t1r iflinq of a peUtiau by or oqofnst t!~ Und~rslqn~d und~r ths pwnLlon~ of any ` Stab insolwnry law or ~i~r t6~ proHsioas of ths Hmikruptc~r Act oi 1898, as ameod~d; or upoa the maklnq bp th~ Undse~ ~ slqned of an osetq~unent toe ths bsa~fit of tts aedita~s. liold~r L authariz~d to dselme all or oay part of th~ ~tednsas . , im+nsdlat~ly dw md payoble upon the happ~nlnq of ony oE th~ foIIowiaq ereab: (1) Fallur~ to pay my part of tl~s lAdabtsd- oeas wl~en dw; nonpario~monee by tbs U~rslqned of any aqt~emsat with~ ar aay eoedlUo~ iiapos~d by Fioldsr ar SBA. ar ~ sitMr of tb~m, ~rith resp~ct to tM 1nd~Msdn~ss; (3) Iiolder's diaoovery of the IJad~tsl~d's ~ollun fn anY oppltcatioe ot the ' (laderslqn~d to Hold~r a SBA to disClose any foct deemsd by tioldsr to b~ mat~dal er of ttrs makloq tl~rsin or 1n aay of ths ~ ~ sold aqn~e~ats, or fn aay afflda~it os ot6~s documeat~ submttted fn comsctian wlt6 sald • a~?lfootfon or the lud~btsdaeas, oc ! ot any mise~pna~atatlo~ br. on beholl ot, ae fot t6s heaefit of ths Undeniqnsd: (4? [I~ reecqm~IsaUon (otb~r thmi a reoeqm~lza- : i1~on p~rsumit to aeqr of tb~ pw~istoo~ ot the Bankruptcp Aet of 1698, w omsi?d~d) oe mesq~r oe oonsoUdation of tb~ Under- ~ •I~sd (or t!r makinq of m~r qqr~emsot tMe~to~) M?ithout.th~ prior written co~s~nt of Hold~t; (S) t!r Uodseslqn~d(s failure dulr - ~ to acco~nt, to Ho3d~r's sotfsioctbn, at such time ot times os Holdac mcry rsquftr, foe onr of t6~ oollate~al, ar proo~eds th~r~• ~ of. cominq into tb~ control oi th~ Und~rslqned; o~ (6) th~ insutution oE ~y sutt aif~ctlna th~ Uod~niqmd d~smsd by fiold~e to afE~ct odwrwlr its lntwest I~uod~ fa th~ collnte~al oc oth~wis~. Hold~'s follur~ to u~rcls~ aay oi tts Hqhb u~der tML pmaqcaipii shall not oomtitut~ a walwr th~r~of. ~ ~ - - . . . . . , . ~ Upa? noapa~rm~at oE 1nt~re~t oc aar iwtallnrat of prL~cfpol when dus, th~ ll~nd~r~fqMd m~d suretla wtharis~ tb~ Holdsr to wll, at puWfc ar pHvab wl~, mp a~ all ooIIatsral d~poslbd and ProV~Y P~9~ to Nc~ t1~ parment of thf~ Nob. and app1Y th~ pcooNds of sal~, las ~s~nN, to tlr papowe~ ot th1~ Not~. s - . _ . . - - - - ! '11~ Ne~ritr rlqhb of Holdrr aad ib as~iqn~ bsr~und~r shall aot b~ impolr~d by any fndulq~no~, nl~uw, eta~wal, sztar?sloey or modittovtloa whieh Ho1d~r map_qeaot with r~sp~et to tM fod~btsdwss o: my part th~r~of~ or•in n~ct to tM oolloteral or 1n n~p~ct b aar ~~s~, qurnontoe, oe ~ur~tp rfthout notio~ ar~caaeat of tb~ Und~eafqo~d ar anr wd«w, qv~oeitar or swty. . ~ ~ b81i~ ~!1'8iii~0 S8Z OOl' ~8 ~lia 6@a~.A t~ ~ IIOI~ ~10 f11'~ 4ti~1i~ 1il'~~~. : ~ . ~ .ta+^~89 8~ ~II 4Ad ~i 1=l.BG~Tl9 ~ ~ ~~6 - . - - F,S0~1.1RD '1RAIt5liZ$SmR 5~9~8 ~ - . /s / James B. Larkia ' ' • . Ja~aB' . 1/We h.nbr qumane« pars«~t o[ t!?ls Not•: - ~ /s / Christine L. Larkin ~"'.?zr3~ttt3~ Ir I~sk~o - ~ ~ ~ (If ~c~antr 1s r~9~{nd 1a o loa+~ ov~r s50~000~ 8mk stwll~ ob- tafn quorantr on SBA Fon~ l4lA.) i ~ t+ Ab~.. • corpoear applsoant. or ouQm,cer. ou.e •z~eua xoa. m ootyosaa o~.. Mr edr o,athats.a oHro.e. ana .wt mwe b. ailfu~d and d~lr ottaMd; yastr~eshlP aPP1loor+u or Qua~onton must Not~ at l~t ln Ur~ em~. taq~UMe wlth siqeatuc~ oI o q~nweal parenK. s8A Pas Sl01FH) pO~' 1 , _ w Y MO •tol~a ~i~ _ _ _ ~ ~ = _3 1:;~t~,~, . ; . : ; _ _ , ~~~,.~~._~„1~,~ _