Reso 1997-071 to 075 - Laserfiche WebLink

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EXHIBIT A PROMISSORY NOTE Dated: Lune 16 1997 $20 000 San Leandro, California Principal Amount FOR VALUE RECEIVED, in installments as herein stated,NDER"),dorsigned designee,Oatittss office atSeby an promises to pay to the CITY OF SAN LEANDRO (LEoney of ro California, or at such other place as the holder ly Thousand Dollars ($20 OOOeof may designate, in I , together Leandro, the United States of America, the principal sum of Twentypercent with interest from the date hereof on unpaid principal b la s elapsed) t the atPr nfc pal and int rest)shall annum (computed on the basis of a 365 day year, act Y be payable able in 60 installment(s) of $377.42 in lawful moneyfrom the eloani f d States of America. The first payment will be due 60 days after the last disbursement This NOTE may be prepaid, at any time or from time to time, in wholeinterest in art without but premium or penalty. Any prepayment of principal must be accompanied by unpaid hereunder to the date of receipt of prepayment. Prepayments shall be applied first to accrued aid interest and then to principal in reverse chronological order of installment maturity dates but un p under this NOTE. s of, the This NOTE is the PROMISSORY NOTE defined GR EEMENT" ), datedn, and is entitled oconcurrentlythe therrewit , agreement entitled "LOAN AGREEMENT (the LOAN A ed in the LOAN AGREEMENT shall, when used betwe en BORROWER and LENDER. Terms defin herein, have the same meaning as therein. This NOTE is either secured by, or entitled to the benefits, rights and privileges of, all instruments or agreements (collectively known as the "LOAN DOCUMENTS") executed contemporaneously between BORROWER and LENDER under the LOAN AGRE protest and waives presentment, demand for payment, notice Il dishonor, BORROWER hereby all costs of collection when incurred, notice of protest of this NOTE. BORROWER agrees to pay with each of the including reasonable attorneys fees. BORROWER agrees to perform BORROWER andcomply ailed in the LOAN covenants, conditions, provisions and agreementssecuring, or guaranteeing the AGREEMENT, or any agreement or instrument evidencing, provision of this NOTE, indebtedness evidenced hereby. No alteration, amendment or waiver of any o idin security for this the LOAN AGREEMENT, or any agreement or instrument evidencing or providing constitute a NOTE, made by agreement of the holder hereof or any other person or party, wai ver of any other term hereof, or otherwise release or discharge the liability of BORROWER under this NOTE. If an Event of Default (as defined in the LOAN AGREEMENT) shall occur hich shall have acdcbued thereongmay entire principal balance of this NOTE, payable inethelth manner and with the effect provided in the LOAN be declared immediately due and pay AGREEMENT. After occurrence of an Event of Default, unpl idcaccrruethereon at the all b added d in the unpaid principal amount of this NOTE, and interest s halthis NOTE.