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200102665 <br />shall have up to one hundred eighty (180) days after the notice of default to cure such default. There <br />shall be no cure period applicable to a default in the final payment or any prepayment premium due <br />under the Note. If Borrower fails to cure the defaults described in this paragraph within the <br />applicable grace period, if any, then interest on the unpaid principal balance of the Note and all <br />accrued interest thereon shall be collected at the rate of eighteen percent (18 %) per annum, but in no <br />event shall such rate of interest exceed the maximum rate of interest allowed under applicable law. <br />In the event any monthly installment of principal and/or interest due on the Note is not paid in full <br />within five (5) calendar days from its due date, Borrower shall pay a late fee equal to five percent <br />(5 %) of the overdue monthly installment. <br />29. RELEASE. Upon payment of all sums secured by this Instrument, Lender shall <br />release the lien of this Instrument. Borrower shall pay Lender's reasonable costs incurred in releasing <br />this Instrument. <br />30. ATTORNEY'S FEES. As used in this Instrument and in the Note, "attorney's fees" <br />shall include attorney's fees, if any, which may be awarded by an appellate court. <br />31. WAIVER OF JURY TRIAL. Borrower (i) covenants and agrees not to elect a trial <br />by jury with respect to any issue arising under any of the Loan Documents triable by a jury and (ii) <br />waives any right to trial by jury to the extent that any such right shall now or hereafter exist. This <br />waiver of right to trial by jury is separately given, knowingly and voluntarily with the benefit of <br />competent legal counsel by the Borrower and this waiver is intended to encompass individually each <br />instance and each issue as to which the right to a jury trial would otherwise accrue. Further, <br />Borrower hereby certifies that no representative or agent of the Lender (including, but not limited to, <br />the Lender's counsel) has represented, expressly or otherwise, to Borrower that Lender will not seek <br />to enforce the provisions of this paragraph 31. <br />32. SUBSTITUTE TRUSTEE. Lender, at Lender's option, may from time to time <br />remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument <br />recorded in the city or county in which this Instrument is recorded. Without conveyance of the <br />Property, the successor trustee shall succeed to all the title, power and duties conferred upon the <br />Trustee herein and by applicable law. <br />33. FUTURE ADVANCES. Upon request of Borrower, Lender, at Lender's option so <br />long as this Instrument secures indebtedness held by Lender, may make Future Advances to <br />Borrower. Such Future Advances, with interest thereon, shall be secured by this Instrument when <br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the <br />principal amount of the indebtedness secured by this Instrument, not including sums advanced in <br />accordance herewith to protect the security of this Instrument, exceed $800,000.00. <br />1099094.1 17 <br />