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- ~ N!'~ 1• SEA LOAN NIIMEER
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' U.S. SMALL BUSINESS ADMINISTRATION
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- .~.lxrM'~'` - ~ NOTE - • _ ,t , •
(FOR DISASTER LOANS ONLY) '
tClty .od Sate)
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t'or value receired, the uadersiBted proatises to par to the order of
- SMALL BUSINESS ADMINISTRATION
(Payee) -
at ita office is dye city of P•O• gox 360. Dettvet• ~ glare of Colorado
or at holder's option, at such other place as may be desigrrated from time to time by the Holder or Small Business Admiaistratioa
•
Th! rtnei~ thou:nnd th~a~ hundred sonars.
(write.ont amoeat)
with interest oa unpaid principal computed from dte date of each advance to dte undersig,red at dte Aanua) Percentage Rate, of
peKeat per noun, pa~weAr OD Ue wad! iA iastallweats as follows
i ~ 33~ DA , including principal and iaterest, payable taoat6ly, btginain6
five (S) months from the date hereof; the balance of principal sad iaterest to be paid is [ul! t~>s ~ 10~ •
( )year(s) from the date hereof; with the farther provision that each said iastallmeat
shall be applied first to accrued iaterest ,and the balance , if any, to principal.
Payment of any installmr:rt of principal or interr~t o..i;,g on this \otr may be m.+de prior to the r.:atarity date thereof without
pen:+lty.
The term "fodebtedaess" as astd herein shall mean the indebtedness evidenced by this :dote, including puoci},al, interest,
and e:peases whether coatioger+t, now doe or hereafter to become dne and whether heretofore or contemporaneously herewith or
hereafter contracted. The terra "Collateral" as used in this mote shall mesa any funds, guaranties, or other property of tights
thereie of any nature whatsoever or theprocreds thereof which ma}~ have been, arP, or hereafter may be, hypothecated, dirrr_tly or
inelira•-rty ty- rhv unrlrraignPd or ot}recs, in Conn^ction with, or as security for, the Indebtedness arany part thereof. 'Jlre Collater-
al, and each part thereof, shall secure the }ndrbt.r.+.r.esv ar.d eac!: girt thereof. The covenants and conditions set forth or referred.
to io any and al) instruments of hypothecation constituting the Cnltaer:al are he:aby iscorparated io this )tote as covenants and
conditions of the under=iced with the same force and effect as thouaj+ such covenants and c~nditious were fully set forth horein.
'}he IndehtednESS shall imnrdiately bccarue d=~e and paya!,le, without notice or demand, upon the appointruPnt of a rec•Piver or
ligoidutor, whether voluntary or iovofuntary, for the u~drroigr+rd ur for nay of property of the undersigned. or upon the filing of a
petit: ~n by or against the und,•rsigtrcd under the provisi~:.:; of any $t::tr insolvency la+. or under the prevision.: of the Racr'.Krnptcy Act
of 18a9,a~ arnended,or upon the r., .+kinE by tcre un ler~i~n,••l of an a~~ig+,meat for the brnrlit of cr•.lrrors. }{alder is authorized to drel.arP
all or arty part of the In~l•-htedr:css immediat•~ly due and p.ryablc up••a t!:r happ^ning of any of .he (oliowing events.
(1) E'ailurc- to pad any part of t!: e- Iudcbte•dncrti~ when due; (2) n+,npecfunnaa"P by thr_ undersigned of any agree rent with. or :rny con-
dition imposed by, Hol der, or Sna11 Bnsis,esc Ad:ninistr.:tiun (hereinafter called "SBA"). or eitF.+•r o[ them, with respect to the Indebt-
edness; (3) Holder's discorcry of thc• u:=dersia rd's failure io any application of the undersigned W Holder or $BA to di>clwP
nay fact deemed by l{older to 6e mat.•rial or of th•, making therein or in any of the said agreements, or io any affidavit ar other dog- -
umentssubmitted in cona•xtivn with s.+id application or the indebtedness, of any misrepresentation by, on be!~:+If of, or for the brne-
fit of the undersi +ed; the reorganization (other than a re•urg:+nization pursuant to any of the provisions of the l!ankrnptcy Act of
1898, as amc,;rdc:~ or merocr or coi,~olidatiua of th•- undersigned (or the making of any agrecmPnt drerefor) without the prior writ:~•r.
consent of Nolde:,(5) the ur,der.~i~,ed's I:+ilure duly to account. to }lolcler's satisfaction, at such time or timers as }}o1=1er muy re-
quire, for any of the Collateral, or pr,cerd; thereof, corning into the contr.,) of the undersi~+.•d; or (6) the inaitution of any soil
affecting the uud~•r.ign,~d dec,~,ed by Ilolder to af!•-ct adversely its int.-rest hereunder in the Col):,tcral orotherwisP. Ho1,!••r's fail-
ure to eac•rcise its ri~+ts under this p.cr.+graph shah nut constitute a waiver thereof.
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Slid FO~~~ 16r ~~j~~ pqE VIOl1S EDITIONS Ar:E O~~SOt.ET[