Common use of Interest After Default Clause in Contracts

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 4.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over 18.000% per annum, if and to the Index. The extent that the increase does not cause the interest rate will not to exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 Agreement 5.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 2.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index21.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 five percentage points (5%) over the Index. The interest rate will not exceed the maximum rate permitted by applicable law. If judgment is entered in connection with this Note, interest will continue to accrue on this Note after judgment at the interest rate applicable to this Note at the time judgment is entered.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over 18.000% per annum, if and to the Index. The extent that the increase does not cause the interest rate will not to exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over the Index18.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 8.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 5.000 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 7.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 7.250 percentage points over the Index. The , if and to the extent that the increase does not cause the interest rate will not to exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 5.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law. If judgment is entered in connection with this Note, interest will continue to accrue on this Note after judgment at the interest rate applicable to this Note at the time judgment is entered.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index26.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law. DEFAULT. I will be in default under this Note if any of the following happen: Payment Default. I fail to make any payment when due under this Note.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 5.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 2.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over points, if and to the Index. The extent that the increase does not cause the interest rate will not to exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 5.500 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, Lender at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over the Index18.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index15.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on an this Note to 6.000 percentage points over the Index18.000%per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, . Lender, at et its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 Agreement 5.000 percentage points over the Indexto 18.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 5.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on an this Note to 6.000 percentage points over the Index18.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 5.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, default including failure to pay upon final maturity, . Lender, at its option, mayany, if permitted under applicable law, increase increases the variable interest rate on this Note to 6.000 3.000 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 Agreement 2.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 7.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law. If judgment is entered in connection with this Note, interest will continue to accrue on this Note after judgment at the interest rate applicable to this Note at the time judgment is entered.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, law increase the variable interest rate on this Note to 6.000 Agreement 5.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 4.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 6.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.. If judgment is entered in connection with this Note, interest will continue to accrue on this Note after judgment at the interest rate applicable to this Note at the time judgment is entered. ================================================================================

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 4.000 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law. If judgment is entered in connection with this Agreement, interest will continue to accrue on this Agreement after judgment at the interest rate applicable to this Agreement at the time judgment is entered.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 3.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over the Index18.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 4.000 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law. If a judgment is entered in connection with this Agreement, interest will continue to accrue on this Agreement after judgment at the interest rate applicable to this Agreement at the time judgment is entered.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 2.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 4.750 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 Agreement 5.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 4,000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index24.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law. DEFAULT Each of the following shall constitute an event of default (“Event of Default”) under this Note: Payment Default. Borrower fails to make any payment when due under this Note.

Interest After Default. Upon and during any period of default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 4.000 percentage points over the IndexPrime Rate. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 percentage points over the Index21.000% per annum. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 percentage points over the Index. The interest rate will not exceed twenty-one percent (21%) or the maximum rate permitted by applicable law, whichever is less.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 2.000 percentage points over the Indexindex. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 3.000 percentage points over the Indexpoints. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note Agreement to 6.000 3.500 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.

Interest After Default. Upon default, including failure to pay upon final maturity, Lender, at its option, may, if permitted under applicable law, increase the variable interest rate on this Note to 6.000 3.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law.