Late Charge for Overdue Payments. If the Lender has not received any payment within fifteen (15) days after its due date, Borrower will pay the Lender a late charge of (4%) percent of the payment. This charge will be paid with the late payment.
Late Charge for Overdue Payments. If the Note Holder has not received the full amount of any monthly payment by the end of _____________ calendar days after the date it is due, I will pay a late charge to the Note Holder. The amount of the charge will be ________________% of my overdue payment of principal and interest. I will pay this late charge promptly but only once on each late payment.
Late Charge for Overdue Payments. If Lender has not received the full amount of any monthly payment by the 10th day of any month or any amount due under any Loan Document within 9 days after it is due (unless applicable law requires a longer period of time before a late charge may be imposed), then Borrower must pay a late charge to Lender (“Late Charge”). The amount of the Late Charge will be 5% of any overdue payment or amount (unless applicable law requires a lower amount to be charged). Borrower will pay this Late Charge promptly but only once with respect to each late payment. If the Loan is not fully amortizing, no Late Charge will be due on the final payment of the unpaid Principal Amount owed on the Maturity Date.
Late Charge for Overdue Payments. If the Holder has not received any payment within 15 days after its due date, Maker shall pay the Holder a late charge of 1% of the payment then due. This charge shall be paid with the late payment.
Late Charge for Overdue Payments. If the Lender has not received any payment within 30 days after its due date, I will pay the Lender a late charge of five (5)% of the payment. This charge will be paid with the late payment. Third Party Purchaser. Notwithstanding anything in this Mortgage Note to the contrary, it is expressly agreed that if the property at 000 Xxxxxxxxx Xxxx, Xxxxxxx, Xxx Xxxxxx has not been sold by December 31, 1997, then the Lender shall have the right to engage a third party home purchaser that will acquire the property at an appraised value minus a discount. Any discount will be shared on an equal basis between the Borrower and the Lender herein, up to a total discount of $ 100,000.00.
Late Charge for Overdue Payments. If the Lender has not received any monthly payment within ten (10) days after the due date, I will pay the Lender a late charge of five (5%) % of the monthly payment. This payment will be made along with the late monthly payment. Mortgage to Secure Payment. The Lender has been given a second mortgage dated 1998 to protect the Lender if the promises made in this Note are not kept. I agree to keep all promises made in the Mortgage covering property I own located at 0000 XXXXXXXXX XXXX (XX Xxxxx 0, Xxxxx) in the TOWNSHIP of WEST WINDSOR in the County of MERGER and State of New Jersey. All of the terms of the Mortgage are made a part of this Note.
Late Charge for Overdue Payments. If the Note Holder has not received the full amount of payment by the end of 30 calendar days after the date it is demanded for payment, UDT will pay a late charge to the Note Holder. The amount of the charge will be 3.0% of the overdue payment of principal and interest.
Late Charge for Overdue Payments. If the Note Holder has not received the full amount of any monthly payment by the end of ten
Late Charge for Overdue Payments. If Lender has not received the full amount of any monthly payment or any amount due under any Loan Document within 15 days after it is due, then Borrower must pay a late charge to Lender (“Late Charge”). The amount of the Late Charge will be 4% of any overdue payment or amount. Borrower will pay this Late Charge immediately and without demand but only once with respect to each late payment. If the Loan is not fully amortizing, no Late Charge will be due on the final payment of principal owed on the Maturity Date. The late charge is payable in addition to, and not in lieu of, any interest payable at the Default Rate pursuant to Section 5(c). North Dakota PURSUANT TO NORTH DAKOTA CENTURY CODE SECTION 32-19-06.1, BORROWER IS HEREBY PUT ON NOTICE THAT XXXXXX MAY HAVE THE RIGHT TO PROCEED TO OBTAIN AND COLLECT A DEFICIENCY JUDGMENT, TOGETHER WITH FORECLOSURE OF THE MORTGAGED PROPERTY UNDER APPLICABLE LAWS. Texas Section 9 is deleted and replaced with the following: 9. Loan Charges (Texas Only). Borrower and Xxxxxx intend at all times to comply with the law of the State of Texas governing the Maximum Interest Rate or the maximum amount of interest payable on or in connection with this Note and the Indebtedness (or applicable United States federal law to the extent that it permits Lender to contract for, charge, take, reserve or receive a greater amount of interest than under Texas law). If the applicable law is ever judicially interpreted so as to render usurious any amount payable under this Note or under any other Loan Document, or contracted for, charged, taken, reserved or received with respect to the Indebtedness, or as a result of acceleration of the maturity of this Note, or if any prepayment by Borrower results in Borrower having paid any interest in excess of that permitted by any applicable law, then Borrower and Lender expressly intend that all excess amounts collected by Lender will be applied to reduce the unpaid principal balance of this Note (or, if this Note has been or would thereby be paid in full, will be refunded to Borrower), and the provisions of this Note, the Loan Agreement and any other Loan Documents immediately will be deemed reformed and the amounts thereafter collectible under this Note or any other Loan Document reduced, without the necessity of the execution of any new documents, so as to comply with any applicable law, but so as to permit the recovery of the fullest amount otherwise payable under this Note or any other Loan Docume...
Late Charge for Overdue Payments. Intentionally deleted.
