Common use of Late Payment Charge Clause in Contracts

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Borrower Security Agreement, the Mortgage Documents and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is duedue other than the payment due on the Maturity Date, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, payment of interest or and any other sums due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are Date is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts payment of principal due on the Maturity Date) are is not paid by Borrower on or prior to Borrowers by the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of (a) four percent (4%) of such unpaid sum or (b) the Maximum Legal Rate maximum amount permitted by applicable law, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (Documents, including the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four (a) five percent (45%) of such unpaid sum or sum, and (b) the Maximum Legal Rate Rate, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Security Instrument and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts excluding principal due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by Borrower Security Agreement, the Mortgages Mortgage Documents and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by Applicable Law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable lawApplicable Law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts balloon payment due on the Maturity Date) are not paid by Borrower on or prior to before the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under Except for the Loan Documents (including the amounts payment due on the Maturity Date) are , if any principal or interest payment is not paid by Borrower on or prior to before the date on which it same is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any principal (other sums due under than the Loan Documents (including the amounts due full principal amount payable on the Maturity Date) are or interest payment is not paid by Borrower on or prior to before the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (Documents, including the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower Borrowers on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any monthly installment of principal, ------------------- interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is duedue (other than the principal amount due on the Maturity Date), Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts payment of principal due on the Maturity Date) are is not paid by Borrower on or prior to Borrowers by the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of (a) four percent (4%) of such unpaid sum or (b) the Maximum Legal Rate maximum amount permitted by applicable law, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender Agent upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender Agent in handling and processing such delinquent payment and to compensate Lender Lenders for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts outstanding principal amount due and payable on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum maximum amount permitted by any Legal Rate Requirements, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Security Instruments and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount late payment charge shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender Agent upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender Agent in handling and processing such delinquent payment and to compensate Lender Lenders for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount late payment charge shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four (a) five percent (45%) of such unpaid sum or (b) the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four two percent (42%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is duedue (other than the principal amount due on the Maturity Date), Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of (a) four percent (4%) of such unpaid sum or (b) the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is due, subject to any applicable grace or cure period, if any, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on or prior to which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount late payment charge shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is duedue (other than the principal amount due on the Maturity Date), Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts outstanding principal amount due and payable on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four (a) five percent (45%) of such unpaid sum or (b) the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower Borrowers on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts outstanding principal balance due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is duedue (except for the final payment of principal, interest and other charges due and payable on the Maturity Date), Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the "Late Payment Charge"), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Deed of Trust and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including excluding the amounts principal payment due on the Maturity Date) are is not paid by any Borrower on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts payment of principal due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to before the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums Monthly Debt Service Payment Amount due under the Loan Documents (including Documents, excluding the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower Borrowers on or prior to the date on which it is duedue and payable, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) 5% of such unpaid sum (other than in connection with the payment of the entire principal balance of the Loan) or the Maximum Legal Rate maximum amount permitted by applicable law (the "Late Payment Charge"), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If Unless waived by Lender in writing, if any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If Unless waived by Lender in writing, if any principal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by any Borrower on or prior to the date on which it is due, such Borrower shall pay to Lender Lender, upon demand demand, an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by Applicable Law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.law.‌

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts principal amount due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts excluding principal due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, upon election of Lender Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower Borrowers on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount (such amount, a “Late Payment Charge”) equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount Late Payment Charges shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts balloon payment of principal due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts principal balance of the Loan due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum maximum amount permitted by any Legal Rate Requirements, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts outstanding principal balance due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower the Borrowers on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (Documents, including the amounts payment of principal due on the Maturity Date) are , is not paid by any Borrower on or prior to the date on which it is due, such Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the applicable Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreements and the other security instruments comprising the Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower Borrowers on or prior to the date on which it is duedue (other than Principal due on the Stated Maturity Date), Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower Borrowers on or prior to the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, upon election of Lender Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.applicable

Late Payment Charge. If Unless waived by Lender in writing, if any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by Applicable Laws (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of (a) four percent (4%) of such unpaid sum or (b) the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts balloon payment due on the Maturity Date) are not paid by Borrower on or prior to before the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principalPrincipal, interest or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is duedue (excluding amounts otherwise due on the Maturity Date), subject to any applicable grace or cure period, if any, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (Documents, including the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum maximum amount permitted by any Legal Rate Requirements, in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to Borrowers by the date on which it is due, Borrower Borrowers shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four ten percent (410%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Deed of Trust and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including excluding the amounts outstanding principal balance due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including but excluding the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is duedue (other than the principal amount due on the applicable Maturity Date), Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the any Maturity Date) are , is not paid by the Borrower on or prior to the date on which it is when due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including other than the amounts outstanding principal balance due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principalPrincipal, interest (including, without limitation, any Accrued Interest) or any other sums sum due under the any Loan Documents (including the amounts due on the Maturity Date) are Document is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law (the “Late Payment Charge”), in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such Such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any principal (other sums due under than the Loan Documents (including the amounts due full principal amount payable on the Maturity Date) are or interest payment is not paid by Borrower on or prior to before the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable law. Notwithstanding the foregoing, such late charge shall not apply to any failure to make the payments set forth in Section 2.3.3 on the Maturity Date.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, other than the amounts payment of principal due on the Maturity Date) are , is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three and one half percent (43.5%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Mortgage and the other Loan Documents to the extent permitted by applicable lawDocuments.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including other than the amounts Outstanding Principal Balance due and payable on the Maturity Date) are is not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four five percent (45%) of such unpaid sum or and the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Pledge Agreement and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are is not paid by Borrower on or prior to by the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of four three percent (43%) of such unpaid sum or the Maximum Legal Rate maximum amount permitted by applicable law in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages and the other Loan Documents to the extent permitted by applicable law.

Late Payment Charge. If any principal, interest or any other sums sum due under the Loan Documents (including Documents, excluding the amounts payment due on the Maturity Date) are , is not paid by Borrower Borrowers on or prior to the date on which it is due, Borrower then Borrowers shall pay to Lender upon demand an amount equal to the lesser of four percent (4%) of such unpaid sum or the Maximum maximum amount permitted by applicable Legal Rate Requirements in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgages Security Instruments and the other Loan Documents to the extent permitted by applicable lawDocuments.