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."i. .i+ :l:;t~:c, gt ..1 the j•.+!?} t• !;.l •.•c, „t .,:,y i :rl t!+. rrol, t,r,+ n ,1.7,.E t+,..t,••r 1_j as er!erali tt • + .her: i r, Ile.} }••r i,.,•.v.
•1 to }1, •i, ..n+1 +!:•livr•r the Mh•+lP •,r .+•:y i' ,rt thr• C'+t1 yrr:a! at i •t:iic or `lri;stc ,::le, r.;,t....,r .I: uwa•1• .,+}v.•: ti . , ,t „t
,.•,li, c ui tl,r ti:.,~•~.t f,l.lr r• ,.•1,• :,r .uty add,. •:•.•••.•,+t t!:++r ,.l,;•h .i.• t. !,y + .pr, -.-ly w:ri•••d. .1l:rr ,}cd.ctit,4 all .•+f: :..r•s
ircidr s:tal to :.r inti ln..n h •.r1r~ or s.,lr•t. Ilo!der may :+pply t!te F •.•Lur o! t},!~ pnlc,•.•d. thr~rrn( to the a,.,i went u( +hc ladr•b•
t. :rs it •!,.:I1 +:n f, .,j..•r, t„:,.::,g the e,aa csv, i! any, to t}u: un•i•.r~:Eu, d. "!•}rc uu.h•r••i~:r,•d r,•Ly +v.ri~+•+ a!1 , ir~,1 n! re-
d, ::y.tir•n or of r,c.+i.,rnr, ut aha:ll+a•r l., !„re or alter male.
Irv}der r•rrth.:r r,uhu.ccn•rl, to cullea.l of cause to be collected u? nthcrwi•;r to Le r uuv. ,t. ir.t.r m,::r. y .!!1 or a:.~ p.lrl o! the
('oi!.+Ieral, 6y quit ur uthcnvise, .,.rd to aurr, ndrr, cutapt:,taise, relcas.•, tr new, r~ t• :u), . h.rr.o,•, or pub-tilutc .uly it: ,n of the Cul-
}:,tera) in t ,;rr as ::ith the uu+iar.i red or any third party, irrr•:f,.•etit.e o! n:ry nstii;;ruae:+t theu•o( !,y the t,ndarsi,;:+c+1, ::nd ++ith-
+ nt prior nvt:,~e w ar consent o! dre un.~ersig;u•d or :.ny as~ii,•+rre. tiharRevcr any item ul th!• Cu11.+t•.r,a1 :.hall not be p:+id xhrn due,
•u utherwitie shall bu in default. e+!tct!arr or out the iu+!a•btedness, or auy part t}„•r••c(, has became dt:f•, Hader ~hnll have the some
~~!as and po++•a•rs +.ith ri•.~pect to such itcar u( th.` Coitateral .a Arc br.enicd 'sn rrcpret thereof in this I.arat;raph in case o! ua•up.+y-
.,t ,I the ladtrhtf•duc~s, or :n:y i•.:rt therrul, when due. tii•.-.e •:ghtc, rr•:r,.•+1.•s, f/ririleb •s, ur f.u+., u( {!older .•~prr• sly
,.•,:'da.l !:e-resin ''hall be e~• 1,,•:ieo, !art each u( tL,ar -.hall hr ca: •++!ati+~ :+ith :+ud in .,:1•!iti+•n to t•.+•ry .~th,•r ri;Lt, !y, f.:i~i-
•-n i,o'::,'t uow ur hen-.• 2rf ti!!6 rD In~:ur , r. y y :.:.=IUtC ut u:.•••t•.::¢e.
` ! ! (11•-r.•1rr .+h!•ih.•t at or in !it b ' .
'Che uo,(crsi~~•-,,ntted ore ,:s tr. ta%r all nec••ssary steps to a.l::,iniaer, ••t,i,rrvise, p:rsi.na:, and ptuhxt 'Le (:•+11 rt••:A1, ! „ . '1•~
:rtty action t.:kr•n M Iluldf~r, $,crc slra}! be no :luty up.+n Ilolder in thix n 'peer. The wedt•r<ia,red ::hall I,.,y all e~i,. n>.•s .,f na-
,re, wh,•thrr incatred in or out of court, and whc:her inc+rrrrd Lelure ur .,lsrr this K••t•> -:h..11 6rao:nc due at it+ rrrx•,ui1y •!ae or t-
.ise, is+audir,g but not li:nitcd to ra-d_ +..raLle att.•rney•s , ~ :+nd cu~tc, +-.!+i.}, }5,.1.t. r :.lay d.•+,•: na•rra:+ry or proper is cona.rt:+,n
.
. ; 't •`u r, l.,, , of t } t ' +,r .e. r, + . r :i•• i n, ! ~rnanon, (.rvt.•.-ti••n u( (i.:rl~:.}iro, !•ut :_ot 1:•_::• ~.1 to,
:.lt .i.•..+. li... n , + ~ t• , 'r. ~7: •c i~a'. .it .,::y tintP , a•1 l...:n +;...c
il.:. l: ,.1~' ,•1 All P! ...L'h ,'+i:• , ~d t+..• +:qt .+h ~ ~ at ~ ...,t '~t• Ih'!. , td •'r'.Irne LIt,'I,'St I~t, , !n
t ,
the lair' F~P.'1(tavl }tefelR ++11}! I,,~.riCt l0 ..:e prn:c:Ynl .-.:u.unt of :ht-: late-
'tlte security rib}rts of Holder and its a~.iims hcrrvr:drr ;hall not 1+e i:ni,,rin•d ty li<ader's sal•~,klp.rrh.•catiun or rchypotheeetion
of any note o! the undersi~t.•d ur <,ay item n( the (;ollatr:al, ur by any iadulorncr, in•-h,d:ng 1•ut not !itAitcd to (a) :+ny n~nea+al,
r..ion, nr m.,dilicntioa xhirh hold^r may Sr:,nt with re: ~ ect to the ludrt•tcdnr~:ts or ..uy p.ut th+•rro(, or (h) ::ny wrrrnder, compro-
>:e, ::•I• .ae, :r ae+val, e+trusion, cic!:a:rge, ..r • .,t .~:uti. a .h:, h a+•'•!•': „ •:,t i:r -i rct t!t,• C+•lT:ttrral, r!r (r) any i ldul-
~ ,.:r b'.as..+~d +n rr~i+r•ct o! .=ny rauar.rr, ~,::::~gior, or :rr+•ty. 1"+•• r :tf-~:.,• •.:i~a.•.• tr r.•r•, or i}c J;,: a: of r!eis \+,1r the
r:...i!;+t.:::l, ,t.y ~;:.=ra:+ty, :d any other di•cuu,cut (ur a,r}. „1 t!:r,n), :..}d, a~.it,aed, ir..+rsl,•ned, pla:•!t;=d, ar rrf,!=•do,_d, .1..,11 G:::h.+ith
l.ecu:ac vested pith and entitled to r~ereise all the po++ets .+~rd ri~~+ts gi+en by this \ute :.:,d all applic:+tiuus u! the ::r:rh ctiibacd to
holder or ~$A, as i! said purchaser, assignee, traosleree, or pledgee were originally named as Payee in this Note and in .aid appli-
cation or applications. •
This per c:rissury note is give n io sf•cure a luxR which ~B:~, is mating or in :+hich it is participating and, pursuant to Part 101 0l
the- }Mrs .=ud I;c~uIa:inns of S(3A (13 C.F.R. ]Ol.l(d)), this instnrmrnt is to be ca,:.+trurd and ••n $I3A is the };older or a party)
snt~r.•~t) ,•nl~res•d in arcord:mce with applicable Federal lave. -
The under~igncd understands and agrees that it is mandatory that all receipts, records, and such other cvideace as is
necessan• and satic(actory to Stnall Qusiness Administration bo rav.lined !or one year from the date o! the final disburserrrrnt
on said note, r+hich evidence .hull india•ate that the bends Ircci.ed have been used as directed by the authorisation. Failure
to furnish such r>:idcnce ++hen requested shall raise a prcw,,,F•ti•:r.-:hat the proceeds o! the loan have been wrouglully misapplied.
The undersi~rred understands and agrees that in the evcat he ++rung(ully misapplies the proa•ecds o! the loan obtained.
he shall be civily liable to the :ldministralion in an amount equal to one and one half (l!4) times the original principle
amount of the loan. It is understood that the term "indebtedness" as defined above shall include this amount, i! imposed by the
.~drninistration
NOTICE OF RIGHT OF RESCISSION
You have a legal tight under Federal l.aw to a-ancel this transaction, i! you desire
to da so, with out any penalty or obligation within three (3) business days from date
o! this note.
'10 finance charge has been made for this transaction.
Corporate Execution individual
i
Corporate Seai `
tf ~ ~ ~
SiYnature rC a ~r
by attest: ~
Typed Name Pa R•
. }
Title
Secretary of Corporation
Dated this day' of i9
` ~ _
ore - tporate,lt~4s must execute Note, •in corporate name, by duty authorized o!licer, and seal must be a(lisedaod dolt i
attr~l~ e~~rap ~ agt+s rust execute Note is Item name, together with signature o! a genera( partner.
;
SBA FORM 117 B IS-77) PAGE 2
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