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~ P.ym~nc ot .nr insuliment ot principal or int~reat oaio6 oa t6ia Note mry be mede prior to t~e eatoriq date tLereo\witLoat
peoalty.
~ 'Ibe ter~ "bdebtcdsesa" aa esed 6ereu s6~11 eeas t6e udebteiess e~idmced bf this Note. isclodia~ priacipd. uterest.
~ and espe~aes. wre~er coatiaseat. eow doe or lereafter to becoee dae aed whet6es ~erea[ore or co~tespora~eo~stp `erexit6 or
~ hercatte~ oo~tncted. 'i~e tern "Collatcnl" as ased ia tkis Note ~~11 ~e~ ar frnds, ~ou~ties. or ot6er proPerqr or ri~ts
~ tberein ot anr natore wihataoerer or t~e proceeds tLereo( +r6icb sap 6ave b~en. are. ot herca(ter eq be. 6rpotieqted. directlr ot
i~directly br t6e aodersi~ed or ot`ero, is conaectio~ wi~. or u secoriqr (or, t6e t~debtedaess ora~y part taereof. '1he Coll~ter-
~l, and e~c6 part therco(, ahall aec~re the l~debtedness aad eacb pan t6ereoL 7Le co~~ata aad co~ditioas set brli or re(erred
to in anr and all iaatmmeats oi hrpotLecatio~ oooatitatia6 t6e Coll~tenl are ~erebr iacorponted 'u tLis Note u coreauts ~ad
~
~ cooditioea of tLe nnderai~ed xitL tLe ea~e torcc and et(ect as t`oa~ sac6 co~e~~ets u~d conditieas were f~11p set torth 6ereia.
~ 'ibe Iodebtednesa shal) imsediatelp becoee dse ~sd papable. wit6o~t aotice or de~a~d, opo~ t~e appoiatoeat o( a receiver or
~ liqaidator. whetie~ voloatarr or iavolaatary. (or tbe u~deroi~ed or for aer of its pwperq. or ~po~ t~e (ilu6 0( a petido~ b~ or
againat the uoderai~ed unde~ t6e pmvisiooa o( up Sate iasoheac~ I~w or nider t6e pwrisio~s oi tLe Ba~knptc~r Act of 1898.
aa amended. or upo~ ~be makins try t6e andersiyied o( ~ asai~aoeet (or t~e beaetit o( its cTediwr~. Holder is a~~lori:ed w de-
clarc •II or any prn o( t6e Indebtedaeas ismedi~tely dae aad pa~*abie apoa t6e 6sppe~in~ o( up ot t~e (ollowins eveats:
(1) Poilare w par anr p~n of t~e ~debteiess rnhe' dee: (2) nonperto~saoce !ry ttie andersi~ed oE a'y ageese~t wit6. or a~r ooa-
- dition impoaed by. Holder or Soall Basuess A~ieistntioa (6ereiuatter called "SBA"). or eit~er of t4e~. witL reapect w ttie Ie-
- debte~eas: (31 Holdei a diacoverp ot t~e nndeni~ed's iaelare o anr applicatio~ of 1re odersi~ed W Holdet or SHA w disclose
_ aay hct deemed br Holder to be ~o~terial or ot tLe ~akins tbereio or i~ aa~ of d~e said ~geseats. or » up •(fidavit w ot6er doc-
' ummta subiaitted i~ rnnaection ~rit6 said application or tLe iadebtedneas. ot oy ~isrepreseat~tiw bp. o~ be6alt of, or [or t~e be~e-
~ (it ot tbe aederai ad; (4) the reorpaizatioe (ot6er t6u a rcoraaeization p~~at w ur of t`e p~ovisioas oi d~e B~knptcp Act of
y=Z 1898, aa aaead~ or wer6er or coaeolidatio~ ot dte ~adeni~ed ior t~e ~wkias of a%r •~eese~t t~eroto~) wit?o~t d~e prior writtea
- cooaeat otHolder; (5) tbe anderai~ed's i~ilurc duly w accorat, w Holder's satis(actio~. at saci tiae or ti~~s as 8older ~ay rr
qaire, (or aoy o( ~he Collateral, or proceeda tLereof. comio6 into t6e contml ot t6e aadeni~aed; or (6) the iaatitatioe o( nr s~it
a(fectin6 tbe andersiped deaoed bq Holder to a(teci adrersely ita intereat 6ereuader ie tbe Coll~teral orot6erwrise. Holder'e (ail-
_ ure to e:erciae ita ri~ts ~yder Ihis paragsph ahall ~otcoestitste ~ w~i~er tbereo(. ~
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SBA FORM 1Q IS-711 REF: NO 510-1 PREVIOUS EDITIOHS ANO 59A FORMS 164, ~~6A, 5~0 AND S]OA ARE OOiOLETE
~o~ig7 ~~9
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