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' ' ~ - . HUt~3IN~-KNECH~' Y,EASYNC~ C6., INCORPORAT~D ~ - i
~ ~ , . .i
~ ~ ~ ~ . ~ 6-1/4y6 C~A'M'EI~ MORTQAQL NOT~ . • ~ ;
~ I • . •
i No j;. . Dallas, Texas ~
~ .
. ' $ . , . Deaember 15, ~ 1964 ~ !
~ . . ~ . ~
~ .
~ ~ ; . ~ " FOR'•VALUS RECEIVED ~he unders~gned, HUa(~INS4KNECH~ LEASINa . ; . -
.CO., INCORPORATED, a Texas eorpox*ation (the "Company"), promises to pay- , i~
~e the amde~ oP ~ ~
a i ti , +
~ ' . ~ ' , ~
~ ~ERKSHIRE LiFE~ 7NSURANCE COMPANY ~
~ :
~ :
S ' • . . , - j
~ ~ " the pr~.noipal sum of . . . ~
e . ~
Dollars ( $ ) , ~
~ fi ~ogether wi~h intereat from the da~e hereof until maturi~y on the
~
prinQipal bal~nae from tiine ~o ~1me remaining unpaid her~on at the rate ~ j
of 6-1/~+y6 per annuaa ~.n monthly 3nstallments, including both princl,pal. .
. . and intexe$t as ~o~.lows : _ ~
; $ on th~ l~th day oP January, 1965 ~ . ;
, ~ . . ,
~ ~ . r
. $ on the 15th day of each ealendar month ~
" , ~ ~ . . • ~ thereafter to and I.ncludi.ng ~ , ~ . ~
' 'F i . . ~ . ' ~ ' - - ~ I
_ , 177 J . , .
; ; .
F ~ ~ . ~ . - ~ with a final instalimenti on ~ ; 197 , ln an~ . ~ .
- amount equal to the entire principal and interest remain].ng
~ ~ ; ~ . unpaid as of sa~.d date; ~ . , - , _ , i
~i ~ and to pay interest at the rate of 7~6 per ~ annuai on ~he~ principal of
~ a a h o P~ s a i d i n s t a l l m
e n t s a f~ e r t
h e r
n
a t u~ i t y t h e r e o P, w
h e t h e r b y. ~
, . . . , . .-:I.
. aceeleration or otherwise, until paid.__ : , . -
. A11 paymen~s of principa~. of and in~terest on thia Note shal.l ~ 2,
~ be a~ade at ~he home office oP the payee in Pi~tsfield, Massaehusetts, : _
'~i _ or at such other plaae'as the payee hereof ma9 direct. . _
~ .
~ Thie No~e is one of a ser~.es of
Notes not exceeding $ 256, 000. 00.~ .
y'~ in aggrega~e principal amaunt issued or ~o be issued under and pursuant.~,
. to th~t eertain Note Agreemen~, da~ed as of November 6,.,1964 (the "No~e ~
~ ~ ~ ~ Agreemer~t"), between the Comp~ny and ~erkshire Life .Insurance Campany . ~
and is further issued under ~nd, equal~.y and ratably with said~~other
; . ~ Notes, secured by tha~ certain Chattel M~rtgage Trust Deed, dated a~ ~ .
~ of November 16, 1964 {tY~e "Mor'~gage"), fro~a ~he Cocapany to Randell E.
~ricson, as Trus~ee, and .that cer~ain- Assignment oP Rents, dated a~ of ~
Nove~nber 16, 1964 (the "Aesigncnent"), from the Company 'to Berkshire
r
} ~ • Li~e Insurance Comp$ny. ' ~ , ; _ . .
• . ~ ~ '
f; This Note has been isaued and dellvered i.n connection w~.th
~ ~ Schedules nwnbered
~ t . . - ~
_(th~."Schedules") eovering certain of ~he equipmen~ leased to~The
{
Sou~hland Corporation under and pursuant to,~hat certain
Ec~uipr~ent ~ -
~ Lease, da~ed as of.May 31, 1g63 {~he "Lease"~, between ~he Company, . : ~
~ rE- as Leasor, and The Southland Corporation, as Leasee, but neverthe-.
~ ~ less this Note and the holder hereof are entitled, equally and ~ f'
~s . ~ratably with the holders of all other Notea ou~atanding under the
~ ~ . . Note Agreemen~, ~o a].l oP the benePi~s and securit rovided ~or ~ ~ ~ ~
~"by or referred ~o in the Note Agreement Mor~ y P
~ _ all aupplementaL r~ortgages and supplemen~al as~3.gnmentsgexecut dd ~ ~
~ .F ~ pitrsuant to the Note Agreement, to which ins~ruments reference ia. . - ~ ~ ~ ~ ~ : ~ { .
hereby m~,de for a sta~em~nt thereoF, including a deacription of the
mortgaged property, the nature and ex~ent of the securit and th~ .
~ rights of the holder or holders of the Notes, th~ Trustee= and the ::.°:`i }
~ ~ , Company in reapec~ thereoP. . - - i~ .
s . `
~ i ~ Thi~ No~e ma be deelared du~ ri.or ~o i ~ t
~ ~ ' . ~ ma~uri~ Y p ts expreased , .
: ~ y da~e, a].~ in the even~e, on the tex~s arid i.ri the ruannar
; provided for in the Mortgage. Certain prepaymsnts are required -~~f
~ to be a~ade hereon on the terms and ~n th~ manner provided for ~ in -
~ ~ - ~he Moartgage and the Assignment . ' j~
~ : . ' • . , , ~
~ ~ ~ _ . . • ~ HU(3~INS -KNECHT LF.ASIN4 C0. a INGORl'ORATED E : s ,
~ ~ - - . ~
~ ~ : . . . . . : ~
~ . : ; . _ _ . - . . . a. t
~ ~ By _ p»-~ i0~ ~~c382 ~ _ .
~ ••i, . - ~ • . - ' ~ . . 3 •~~:~1 ?a.i:~.a. • . . ' .
~ . • j 1! ~'!t~i~. f~ - -Z s~.~.e.t+.-...+~..-t ; ~ . ~ ~ yt
~ ~ ~ ~ ' ~ ~ ~ ' • . ~ t.
; . 'i _ . ~ :..f.,', . ' f t~-..-~_".R'Y„~-aF i' ar ~ ~
. F . . . . • . . _ ~ ~ ~ . ~ ~ , . . . _ ~ ! . . Y~ _ ,