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I have paid all of the principal and interest and any other charges that I may owe under this Note. My monthly payments will be applied to interest before principal. If on August 1, 2023, I still owe amounts tinder this Note, I will pay those amounts in full on that date. 10375 - QQ r I will make my monthly payments at Lomas and Nettleto$1 .0. Box 650320, Dallas, Texas 75265 -0320 or at a different place if required by the Note Holder. Each of my initial monthly payments under this Note following execution of this Agreement will be in the amount of U.S. $208.06. The amount of my monthly payments may change. Changes in my monthly payment will reflect changes in the unpaid principal of my loan and the interest rate I must pay. The Note Holder will determine my new interest rate and the changed amount of my monthly payment in accordance with the provisions of Paragraph A(3) below. C. Maturity The full amount of principal and accrued interest owing hereon shall be due and payable without notice of any kind, at the option of the Note Holder, upon the earlier of (a) August 1, 2023, or (b) on the occurrence of any default under the Security Instrument which was given to secure this Note or (c) the failure of Borrower to pay an installment of principal and interest when due. If the full amount of principal and accrued interest becomes due and owing as a result of any of the events described in the immediately preceding sentence, principal and past due interest shall bear interest at eighteen percent (180) per annum. d. Late Charge for Overdue Payments If the Note Holder has not received the full amount of any monthly payment by the and of 15 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 40 of my overdue payment of principal and interest. I will pay this late charge promptly but only once on each late payment. 3. INTEREST RATE AND MONTHLY PAYMENT CHANCES a. Initial Rate I will pay an initial interest rate of 10.5000. The period during which this is my interest rate is called the "Initial Term." The Initial Term is fourteen (14) months. This Note provides for changes in the interest rate and the monthly payments in accordance with this Paragraph A (3). Change Dates The interest rate I will pay may change on the first day of October, 1989, and on that day every 12th month thereafter. Each date on which my interest rate could change is called a "Change Date." The Index Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of one (1) year, as made available by the Federal Reserve Board, rounded to the nearest one - eighth (1/8) of one (1) percentage point (0.1250). The most recent Index figure available as of the date 30 days before each Change Date is called the "Current Index." If the Index is no longer available, the Note Holder will choose a new Index which is based upon comparable information. The Note Holder will give me notice of this choice. Calculation of Changes Before each Change Date, the Note Holder .rill calculate my new interest rate by adding three percentage points (3.000) to the Current Index. The Note Holder will then round the result of this addition to the nearest one - eighth (1/8) of one (1) percentage point (0.1250). Subject to the limits stated in Section 3(s) below, this rounded amount will be my new interest rate until the next Change Date. The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay the unpaid principal that I am expected to owe at the Change Date in full on the maturity date at my new interest rate in substantially equal payments. The result of this calculation will be the new amount of my monthly payment.