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Home My WebLink About2649 i ~ • • i SdA LOAN NUMBE ' ~ 6P-b~4. fs42•10•00•~tIA ~ NOTE ~ , ' ~i~~ ~ ~~ti'~ ~ Fort Pien~. Flosi~da . ' - tc~~r ~e s~~«~ = 6~'i~ 000. 00 lOaiel Aui~11~t 9 , 19 T4 Fot value teceived, the uadersipcd promises to pa~ to the otder o( ~ SUN BANK OF ST. LUCI~ COUNTY ~ cP.y~~~ at its of(ice in the citjr oE Fost P~erce ,$tate of Fi01'~~ ~ or at holder's optiou, at such other place as may be dcsi~ated (rom time to time 6y thc holder stxTY Txovs~xD wxn rro/ ioo-------•---•----•--------------------- d~~~•~. ~ - o~~ ~o~o~~ with interest on uopaid priacipal computed trom the date o! each advance to ~he undersiped at tLe rate of 8~ petceat per eaoum, paymeat to be made in installments as (ollorvs: Installments, including ~rincipal and interest, each in the acuount of $ 950.00 ~ pay~~1e montii2y, ~~~i~ing • One E 1) months from date, each said install- ment to be first applied to interest accrued to the date of receipt of ssid installment, and the balances if any, ~ to principal, and the balance of principal and interest payable on or before (T ) years from date. ~ payment ot aoy iostallmeat ot ptincipal or interest owiog on this Note may be made prior to ~he mstarity date ~6ereo( writ6oot penalty. '11~e term "lndebtedness" as nsed herein shail mean the ina~btedness evidenced by tLis Note, iuclading ptincipal, interes~, and expenses. vrhet6er contiagent, oow due or 6erea(ter to become due snd w6ether Derctoiore or cooteoporaneoasly 6ete~ritL or hereattet contracted. 'fbe term "Collateral" as ased iu this Note shal) mean any tunds, gnaranties. or other propetqr or ri~ts therein ot any natare whatsoever or theproceeds thereof w6ich may 6ave been. are. or hereaitet may be. 6ypot6ecated, directlr or ~ indirectly by tLe andersi~ed or others, in connectioo wit6, or as secaritp for, the Indebtedness oranr par. t6ereot. 'ibe Collater- al. and each pan thereo(, shali secore t6e Indebtedness aod eadi pan thereof. 'I'be covenants and conditions set torth or rc(erred to in any and all insunmeuts of 6rpot6ecatioo coastitoting the Collatetal are ~etebp iucorponted io this Plote ss covenants and conditions of the ondersi~ued witb itie same (orce and et[ect as t6on~ soch covenants and conditions ~rerc falt~+ aet (ort6 hercin. 'Ibe Indebtedness s6a11 immediately become due and payable. withoot notice or demand. apon the appoin~aent of a receirer or liquidator. rrLetber voluntary or involaatary. (or the andersi~ed or (or anq of its properq, or opon the filing ot a petition by or against t6e andersiped uader the provisions of any State iosolveury law or nnder tle provisioas oi the Bankrnptry Act of 1898. as amended, or apou the making by the uadersi~ed ot aa assi~ment for the beae(it of its r.editors. Holder is aot!?orized to do- clare all or any part o( the Indebtedness immediately dne and payable upon the happening ot aay o( t6e tolloring ereats: (1) F'ailare to pay any part ot the Indebtedazss rrheo due; (21 nonper[o~mance by the oadersi~oed o( any aaree~eat wit6. or aar ooa- dition imposed by. Holder or Sma11 Business Administration l6ereias(ter cailed "SBA"1. or ei~her of ~em, rri~6 respect to the (n- debtedeess: (3) Nolder's discovery o( t6e nadersi~ed's (silore in any application of the oodersi~ed to 8older or SBA to disclose any tact deemed by Holder to be m~terial or ot the makiag therein or ia any of t6e said ageements, or in anr attidavit or other doc- nmentssubmitted in connection Mrith said application or ~he indebtedness, ot any oisrepresentatioo b~+. oo behal( o(. or (ur tLe beoe- (it of the~undersigp ed; (4) the reorganizatioa (other t6an a reorgaoization parsuant w aey o( t6e pmvisiooa of ~6e Baukrnptcp Act ut 1898, as amended) or merger or consolidation o( ehe nndersi~ed (or ~he making of aar agreaaeat ti?ere(or) wi~6odt tbe prior rrrittrn conseot of Holder; (5) the undersi~ed's failnre duly to account. to Holder's aatis(action, at sach time or ti~es as Holder o~ay re- quire. (or any o( the Colleteral, or proceeds t6eteo(. comin~ into ~he control ot the nodersigped: or (61 the institotioo oi aay soit a(fecting the audersi~ed deemed by Holder to a(fect adverselr its interest berenader in tbe Collateral orotLenrise. Holder's fail- ore to e:ercise its ri~ts ondes this paragraph shall notconstitote a waiver t6erro(. 56A FORM 117 (a-711 REF: HO St0-1 PREVIOUS E~ITIONS ANO SBA FORMS 15~. 326A, 530 ANO 530A AiiE OBSOLETE ' . _ »i.~ ~ - - - - - - - - , ~~~,~~a "R _ .