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SNALI ~USINESS ADMINISTRATIO~~K~~ ,
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N O T E
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(Fo~ Di~et Looa Not ~~r 525.000) ;
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(Address - includinq ZiP Code)
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a 2~~O.CO (Date) JunB 26, , 19 69
. . - ~ - Ibou Cart.e+r ~e~o+~)
For value rcceived, ~ ~ A~ ~ «~i ~iQ'~ /(hereiaafter called ;
"Uodersigned")~ promises to pay to the onla of Small $usiness Administration (haaiaaftar cal[~d "Payee")~ at
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Payee's OfCice in the city of j~~ , State of
or at Pay~'s vption. at sttch other plic~ as may be designated from time tQ time by the Payee, the sum ~of
~ dollars. with inurest on the unpaid principsl canputed
(Mrlts out ~o~unt)
Erom the date of each advance to the Undersigned at the rate of percent per annum~ payment to
be made in installments as follorv~ ;
brtal]aM~ata, iaabad~ ParSaadPal and iut,~st, ~~ah 1a t~M s~am~ o! ~0.00,
P4~~ ~s ~ ~ ~3~ aoot~r ~i~oa d~, ~ra1? a~d~d !o
b~ lYr~t apps3+~d to 3ab~wt a+oaa~d to tbs d?t~ o! srodpt o~t sdd !~W]aeaat,
aed t~s b~Lr~, i! a~o~P, ~~"~~~a aod tir bal~ oi par~pal ari 3atar~t ;
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pQabl~ on ar b~t~o~+~ !in ~rars !lroia dat~•
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~ Payment oE any inatallment of principal or interest o~ring on this Note may b~ made prior to the maturity date thereof
~ without penalty.
AJ~rwative Covenants. • The Undersigned oovenants and agrees that, uatil the paymeat in full of the m~neys
~ owing on this Note, the Undersigned will:
~ 1• Deliver to Payee within 45 days aher the end of each fiscal anaual period, a balance sheet oE the Un-
~ dersigned as of such date and a profit and loss statement of the Undersigned for such fiscal period. in form satisEac-
~ tory to the Payee:
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" 2. Deliver to Payee with reasonable promptness such other financial data at such times and in suc6 Eorm as
Payee may request;
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~ 3. Pay all ta~ces. assessments and other governmental charges to which the Undersigaed, a the property of the
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~ Uadersigped; is or ahall be subject before such chuges become delinquent. ezcept that no such charge need be
paid so long as its validity or amo~mt shall be oontested in good faith by.appropriate proceedings and the Under-
~ signed shall have set up on the books of the Undersigned such reserve with respect thereto as shali be raquired by
~ sound accounting pra~ctices;
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~ 4. Keep all of the real and tangible personal property oE the Uadersigaed insured in such amounts and agaiast
~ such risks as may be satisfactory to the Payee or as are commonly insured against in the same areas by owners of
~ similar property, and maintain in farce policies oE inswance. satisfactory to Payee, againat liability for damage to
~ persons or property and under all applicable workmen's compeasation laws.
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3? SBA FORM 3268 It1-671 EDITiOH OF !•67 wllL BE USED UNTIL STOCK IS E%MAUSTED O~ ~ (OVER~
~ a~178 ~?6.1378
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