Common use of Late Clause in Contracts

Late. CHARGE Borrower shall pay a late charge equxx xx xxve percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xxx Xxte Rate beginning on the first day of the calendar month following their accrual.

Late. CHARGE Borrower shall pay a late charge equxx xx xxve chargx xxxxx to five percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xxx Xxte accrux xx xhe Note Rate beginning on the first day of the calendar month following their accrual.

Late. CHARGE Borrower shall pay a late charge equxx equal xx xxve xxxx percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xxx Xxte thx Xxxx Rate beginning on the first day of the calendar month following their accrual.

Late. CHARGE Borrower shall pay a late charge equxx xxxxx xx xxve five percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xx xxx Xxte Note Rate beginning on the first day of the calendar month following their accrual.

Late. CHARGE Borrower shall pay a late charge equxx xx xxve chaxxx xxxxl to five percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xxx Xxte accxxx xx the Note Rate beginning on the first day of the calendar month following their accrual.

Late. CHARGE Borrower shall pay a late charge equxx xx xxve percent equal to fxxx xxxxent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at xxx Xxte Rate the Notx Xxxx beginning on the first day of the calendar month following their accrual.