Laserfiche WebLink
IMPVVA� �'iTMVK.�i 6F <br />STATr OF MINNESOTA <br />COUNTY OF ibl%-M"5EY <br />C I Ty (W Hol IN 16 V I EW <br />Indu5trial Develupment 1!vventin rintL- nj 1 T1 H <br />Midway Irdustrial Supply Co., inc., 11roj"Ct <br />SI - - , - r, 1 <br />, UU Ij I <br />FOR VAbur REccivED tne City of Mound" View, Ramqev <br />County, Minnesota, herei)y promises to pay to the order of <br />Midway National Bank (the- 'Payco"), St. Paul, Minnonota, its <br />y <br />successors or registered avaigns#,from the source and in the <br />manner hereinafter provided, the! principal AUAI of Three <br />Hundred Thousand and no/100 Dollars ($300#000), ov so much <br />thereof as may have been adtit-nced.to or for the benefit of the <br />City and remains unpaid from time Lu time (the "Princival <br />SoUrtit")t wt-thI intiriast thomm as the rot* of eijht and Otte <br />quarter porcent (B L/4%) per annum? in an coin or ctirrency <br />which at the time or times of po%yment is Tegal. tinder for the <br />--psymowt of-publiz or private deb -tis in the lWited States at <br />Affi6ticat nod In Accordance with the torma hereinafter so* <br />it 14) Tr6Im and after the date h*rncf and. <br />until the "Amrtization Date"? (the first day of the calendar <br />fvireemsA tottim9toc rerery*j- t®rt 7 <br />vto -0 <br />Ulf cit� <br />Uhall ptv in twn-st- tnly -U$r4n %h -of <br />mcorw i MW- <br />--ese* and -vvexy advanve- st, MOU -AuWqr this <br />thi -�dstv of <br />tha f i -vat day of the - ee!*Mar month- tmxt <br />_Yab v on <br />iWadAr-din4 the date upon hich the first.&dVance is im <br />—vw-*M Awat--Asy� of each and- -*v*ry -Aanth thereatterl- - <br />.--"b From and after the Amortization Date <br />this Note shall be amortixW and paid in 240 equel monthly <br />iWat#11ments, payable ot. the ftrst day of each month <br />--cofthenaing -aA---ths-- -first - day. of -the -calandar. -manth-n*xt - sue--- <br />ceeding the Amortination Date and continuing until the <br />and accrued interest thereon shall have been- - <br />- 6 - <br />if -L <br />