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<br /> '6. u���olu�fnn, t�er�,rt�„� I1e� caP Se�t�pity. Itt the even� tihat Mak�r _
<br /> eh�ll be dfeaalved, merg� with any other aongr�gation, cease to be
<br /> a member aangrec�ation af The Lutheran Church—Nisaouri Synad, ur
<br /> aeaee to use the rsai e�tatie sub ject to the aforementione8 Deed of ,
<br /> Trus� �r Martqaqe for regular worship eervfcea, or for sehool, �
<br /> parean�gg, teaaherage, or other religious purpae�s, the Qnti ze
<br /> prinefpai sum remefning unpaid hereunder, together with aaoru�d
<br /> inteKest, ma�y be dealared inune�iately due and p�yable at the optivn
<br /> of the Pdyee.
<br /> 7. �'urther Borrowin9. in tihe event khat Maker sheli, aub�aequent
<br /> � to th� 8ate hereot, engage in further borroc�ing, or b�come
<br /> voluntarily inclebte8 to any other lender, without tha wri�ten
<br /> conee�t of the holder hereof, the entire prin�ipal sum remaining
<br /> unpaid hersunde�� togeth�x wixh aacrued inter�at, may be d��lar�d
<br /> immediately due and payable at the option oF the Payee.
<br /> 8. Default Ic� Pavment Or Pesformance. In the event of default in
<br /> �<, tHe paymenk of any inatallment of �prinaipal or iaterest when due in
<br /> accordanae with the terms hereof, or on default in the perPormance
<br /> of any agreement aontained in the Mortgage or �eed of Trust
<br /> seouring pa�tnent of this Promissory Note, the entire principal sum
<br /> � remaining unpaid hereunder, together with accrued interest, may be
<br /> declared fmmediately due and payable at the option af the Payee.
<br /> 9. Late Charge. If any installment hereunder, or any portion
<br /> thereof, is not paic� when due, whether at stated maturity Qr by
<br /> declar�tion, a late charge p�nalty of two pereent (2$) nf such past "'�
<br /> due a�ount shall be added to trae amou�nts due hereunder, except that �"�
<br /> if such penalty is regarded as interPSt uader applicable law, such �
<br /> peaalty, when added to other intereat due hereunder, shall nat �:
<br /> h•x.
<br /> exceed the raaxfmum legal rate of interest permissible. �:�.`
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<br /> l�. No Waiver. No delay, omission or indulgence by Payee in � �
<br /> ,.:.
<br /> ea�ercfsing or �nforcing any rights or remedies ahall impair er
<br /> affect the same or be construed to be a waiver of or acgui�seence
<br /> in any default. Any sing�e or partfal exercise of any righte or
<br /> remedfes shall not preclude any other or further exerciee thereof.
<br /> No wafver by the Payee shall be valid anless in writfng signed by
<br /> said Payee, and then only to the extent speciffcally set forth in
<br /> said writing.
<br /> • � -� 11. Tim� Ze Of The Essence. Time for the ent ar�d �
<br /> paym performance
<br /> h '�� � of each and all of the obligationa of the Maker shaii be of the
<br /> Easence hereof.
<br /> 12. Assi9ntaent. The terms and provisions of this Note shaii inure
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