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pf_02729
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Last modified
7/17/2007 12:07:20 PM
Creation date
12/8/2004 12:39:03 PM
Metadata
Fields
Template:
Planning Files
Planning Files - Planning File #
2729
Planning Files - Type
Planning-Other
Address
2285 COUNTY ROAD C W
Applicant
COMPUTYPE
PIN
012923410001
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<br />t <br /> <br />L <br /> <br />Reinstatement Date in the absence of this debt forgiveness provision, and if all <br />installments of principal and interest originally due prior to the Reinstatement Date <br />had been paid as scheduled, shall again be due, and thereafter installments of <br />principal and interest on such amount shall be due as originally scheduled in this <br />Note. <br /> <br />The principal amount hereof, or any part of such principal amount, <br />together with accrued unpaid interest, may be prepaid at any time and from time to <br />time without premium or penalty. <br /> <br />All payments, including prepayments, under this Note shall be applied <br />first against accrued interest and thereafter in reduction of principal. Any amounts <br />of principal paid hereunder may not be re-borrowed. <br /> <br />All payments of principal, interest and fees shall be made in <br />immediately available funds in lawful money of the United States of America. <br /> <br />Any officer of the Maker who has been disclosed to the Lender in <br />writing as an authorized officer for such purposes (an "Authorized Officer") may <br />request an Advance on any day other than a Saturday, Sunday or other day when <br />the Lender is not open for commercial banking business. Such request shall be <br />made in a writing delivered to Lender by not later than 2:00 p.m. (Saint Paul time), <br />two days prior to the date of the requested Advance and shall be accompanied by a <br />completed Application and Certificate for Payment in the form requested by the <br />Lender. Such request shall specify the amount of the requested Advance and the <br />date it is requested to be made. If no Event of Default, as hereinafter defined, has <br />occurred and is continuing, the Lender shall make the Advance on the requested <br />Advance Date. <br /> <br />The Maker hereby authorizes the Lender to rely upon the written <br />instructions of any person identifying himself or herself as an Authorized Officer <br />and upon any signature which the Lender believes to be genuine, and the Maker <br />shall be bound thereby in the same manner as if such person were authorized or <br />such signature were genuine. <br /> <br />The Maker warrants and represents to the Lender that (a) it is a <br />corporation duly incorporated and in good standing under the laws of its state of <br />incorporation and duly qualified to do business in each jurisdiction where such <br />qualification is necessary, (b) the execution and delivery of this Note, and the <br />performance by the Maker of its obligations hereunder are within the Maker's <br />corporate powers and have been duly authorized by all necessary corporate action on <br />the Maker's part, and (c) this Note is the Maker's legal, valid and binding obligation, <br />enforceable in accordance with its terms, the making and performance of which do <br />not and will not contravene or conflict with the Maker's articles of incorporation or <br /> <br />-2- <br />
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