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to Section 6A of this Note. The Security may not be sold or transferred without the <br /> Lender's consent until the Due Date. If Borrower breaches this provision, Lender may <br /> declare all sums due under this Note immediately due and payable, unless prohibited by <br /> applicable law. The Lender shall have the sole-option to accept the Security as full- <br /> payment for the Borrowed Money without further liabilities or obligations. If the market <br /> value of the Security does not exceed the Borrowed Money, the Borrower shall remain <br /> liable for the balance due while accruing interest at the maximum rate allowed by law. <br /> (b)INTEREST DUE IN THE EVENT OF DEFAULT: In the event the Borrower fails to <br /> pay the note in-full on the Due Date, unpaid principal shall accrue interest at the <br /> maximum rate allowed by law, until the Borrower is no longer in default. <br /> (c) ALLOCATION OF PAYMENTS: Payments shall be first credited any late fees due, <br /> then to interest due and any remainder will be credited to principal. <br /> (d)PREPAYMENT: Borrower may pre-pay this Note without penalty. <br /> (e)ACCELERATION: If the Borrower is in default under this Note or is in default under <br /> another provision of this Note, and such default is not cured within the minimum allotted <br /> time by law after written notice of such default, then Lender may, at its option, declare all <br /> outstanding sums owed on this Note to be immediately due and payable. <br /> 6A. SECURITY - This includes any rights of possession in relation to the Security <br /> described in Section 2. <br /> a ATTORNEYS' FEES AND COSTS: Borrower shall pay all costs incurred by Lender in <br /> collecting sums due under this Note after a default, including reasonable attorneys' fees. <br /> If Lender or Borrower sues to enforce this Note or obtain a declaration of its rights <br /> hereunder, the prevailing party in any such proceeding shall be entitled to recover its <br /> reasonable attorneys' fees and costs incurred in the proceeding (including those incurred <br /> in any bankruptcy proceeding or appeal) from the non-prevailing party. <br /> b WAIVER OF PRESENTMENTS: Borrower waives presentment for payment, notice of <br /> dishonor, protest and notice of protest. <br /> c NON-WAIVER: No failure or delay by Lender in exercising Lender's rights under this <br /> Note shall be considered a waiver of such rights. <br /> d SEVERABILITY: In the event that any provision herein is determined to be void or <br /> unenforceable for any reason, such determination shall not affect the validity or <br /> enforceability of any other provision, all of which shall remain in full force and effect. <br /> e INTEGRATION: There are no verbal or other agreements which modify or affect the <br /> terms of this Note. This Note may not be modified or amended except by written <br /> agreement signed by Borrower and Lender. <br /> Page 49 of <br /> 54 <br />