Loading...
HomeMy WebLinkAbout0237 ! p ~1 - ~ , C v ~ S~A lOAtl NNM~ER ~ BZUL-8~9,016-10-07-MI~1 ~ F ! ' NOTE ~ (FOR DISASTER lOANS ONL.YI j ~~1, ~ i ! (Citp aud S te) = 20.000.00 (pate) ~ .19~~„~ Fo~ wlus rec~ived. t~e ssa~rsi~ed prowisa w pap to t6e ord~t oi . ~ SMALL BUSINESS ADMINISTRATION ~ (Pnree) •t its otfice is ~6e ciq o[ P•O. Box 360. Denver ~ g«ee ot Colorado ~ or ~t 6older's option. ~t snc6 otbe~ place as may be desi~~ted ito~ ti~e to tioe bS? tLe 6oldec TWENT7!'-THOU.SADID AND NO/100~-~--- dollars. - (prite oat mowt) witb intereat oa usp~id princip~l caepated (roa t6e date ot eacb advance to t6e undersi~aed at t6e ate ot_ ~=5~[$ psrceot " ' ~ per anaam. payment to be made in installments na follos~s: = 417_aD . including priacipal aad inter~.st. payable monthly. bt~lDAlpg fi~e (S) months Irom the date hereo(; the batance ot principal and interest to be paid in (ull ~ ia~ ( r, ) y.~ar(Y) (rom the datP hereot; vrit6 the (nrt6er pwvi4ion that cach said inst..llment shall !~e applied first to intrrest accrued [rom the receipt of gaid in~tallment. and t6e balance. ii any. to principal. i : i ; ~ T 1 P~ t ot any iustallment of principa) or interest oaing on this Note may be made priot to the matnriq date t6ereof wit6oot 'Ihe term "lodebtedness" as aaed herein shall meaa tLe indebtedness evidmced bp this Note, iucludins principal. interest, md e:penses. whetbes wntiogent, noa dne or hereafter to become dae and w6ether 6ereto(ore or contemporaneously 6erewitb or 6erea[ter rnntracted. 'I1~e term "Collateral" as oscd ia this Noee s6~11 meao auy fnnds. gnarantiea. or other propertp or ri6hts thereio o( aor natnce rvhatsoever or the proeeeds thereo( w6icb mar 6ave been, are. or 6ereafter mar be. hypotLecated. directly or = indicectly by t6e aadersigped or othera, in conuectios ait6. or as secoriq for. the Indebtedoess oramr part ~hereot. 'I~e Collater- ; al, and each pan t6ereot. nLall secnre the ludebtednesa and each part thereof. '(be covenanta and conditionn set fort~ ot ~elerred ; to in sor and all iuattnmmts of 6rpothecatioa cosetitotiag t6e Coll~teral are 6erebp incorporated is this hote ~s covenaots and ? conditious ot the anderai~oed ~rit6 t6e same force and eftect as thon~ aocb co~enants aad conditioss were fallp set (ortb 6erein. ~ 'I~e Iodebtedness s6all immedi~telr become due and payable, withont notice or demaud. opon t6e appQinwent of a receiver or ~ liquidator, vrhether volantary or involantary. (or 1he nndersi~ed or ~Lr an~ o[ its propertp. or opon ~Le tiliQg oI a petitioa bp or agaiuet t6e onderoi~?ed ondet t6e Pwvisions ot aar State insolrencp I~r? or ander tbe provisions of the Baak~optcy Act ot 1898. ~ as amended, or upoa the making by the undersi~ed oi ao •ssipment (or ~he beaefit of itY creditors. Nolder is anthorized w de- _ clare all or any part oE t6e Indebtedness immedietely doe and pay~ble n~wn t6e 6sppeoin6 ot anr ot the [oUowing ev~nts: ~ (1) Failure to pap any parc of the (ndebtedness when dne; (2) nonper(o~mance Iry the ondersi~ed of anr agreement with, or anr con- dition impoaed 6y, Nolder or Small Bosinesa Adminiatration (hereinsfter called "SBA"). or eit6er of them. ~,rit6 respect to t6e In- debtedness; (3) Holder'a discovery of t6e undersi~ed's faitnre io aar applicatioo of tLe nnderoiBoed w Qolder or SBA to disclose any [act deemed b~r Holder to be materi~l or ot the making ~hueis or ia anp o( the said a6reements. or in anr alfidavit or other doc- umwtsao6mitted io comection voitL asid ~pplicatios or tLe indebtedness. oI anr misrepreseotatioe bp. oe behslf of, or for the beee- tit of tl~e nndersig~ ed; (4) ~be reor~uis~tioa (other t6ai • reor6aniz~tios porsn~et w aay oI the pmrisions of the Bankroptc~r Act o[ ' 1898. as arnended) or merger or consolidatios of t6e oadetsi~ed (or ~he a~kius of anr a6reemeat t6erefod r+itLout the prior rnritten consent otHolder; (5) the nnderai~ed's bilore dolr w aecoant, to Nolder's sstistaction. at soch tuoe or tia~es as golder m~r rr quire. tor any of ~he Collaterel. or proceeds thereot, comiug iuto ~he coetrol o( the under3i~ed: or (6) the institatioa of any soit affectin6 the anderoi~oed deemed try Holder w atfect sdverselr its iote~est hereeoder in the Collater~l orothen.ise. Bolder's (~il- ure to e:ercise ita rigbcs nnder tLis pan~ap` eball notconstitote a rrai~er thereof. SBA FORM f07 9(5.741 REF SOP SO 35 PREVIAUS EOITIONS ARE OBSOLETE ~ft( wv > _ _ . :,~..~~;-r-~.,~ ~ ~