Laserfiche WebLink
South San Joaquin Irrigation District <br />RE! Deferred Premium <br />Collection Plan <br />Page 2 of 3 <br />ION IWO <br />RECITALS OFTCONSIDERATION <br />This instrument is issued pursuant to the terms of the <br />workers' compensation insurance contract policy #266-87 Unit <br />12 and memorandum of agreement entered into on p <br />19� on <br />the maker and o <br />Payee of this instrument. <br />SECTION THREE <br />COLLATERAL <br />Maker is furnishing collateral security for the <br />indebtedness evidenced by this Note by Resolution of the <br />South San Joaquin Irrigation District Governing Board <br />guaranteeing payment. <br />The principal and interest earned on this Note are due <br />and payable in cash on demand if this Note ceases_ to be <br />fully secured. <br />SECTION FOUR <br />WAIVER OF PRESENTMENT, PROTEST, AND NOTICE OF DISHONOR <br />Each maker and each endorser of this Note waives <br />presentment, protest, and notice of dishonor and any other <br />notice that may be required. <br />E COMPENSATION <br />STAT • V N D <br />V [ INSURANCE <br />1275 MARKET STREET • SAN FRANCISCO, CALIFORNIA 94103 <br />SCIF 70000 lNFNI 1 P.77) ��, <br />