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L 84 -O066.1.! ~ '""1 ~ (e) Interest shall accrue on the unpaid princi,al balance a~the rate of twelve and one-half percent (l2-1/~) per annulll('out shall be payable at the rate of eleven and twenty-four hundreds percent (11.24%) in equal monthly in:.. GtalIlllents ot ONE HUNDRED TWENTY-SIX THOUSAND FOUR HUNDRED FIFTY AND 00/100 DOLLARS ($126,450.00) commencing on. February I, 1988 <t.."ld continuing on the first dayofceach of the next Gucceeding eleven (11) months, the last such month being January, 1989 J and the balance of such inter,:; est, to wit the differential between 12,50% and 11.24%, shall be added to the unpaid principal balance and shall be payable in accordance with the provisions of paragraph (I) and (h) below: ",'" ) J ~ I~ i ," ..J,. .x .,- -.\. (0 Interest 5hall accrue on the unpaid princ;lpal balance atJ.he rate of twelve and one-half percent! (12-1/$,. ) per annulll~'~ut shall be payable at the rate of eleven and eighty-seven hundreds percent (ll.8~) in equal monthly in- stallments of ONE HUNDRED THIRTY-THREE THOUSAND FIVE HUNDRED THIRTY-SEVEN AND 50/100 DOLLARS ($133,531.50) cOllIlIIeneinc on February 1, 1989 and continuing on the first day of each of' the next succeeding eleven (11) months, the last such month being January, 1990, and the balance of such interest, to wit the differential between ~2.5~ and 11.8~, shall be added to the unpaid principal balance and shall be payable in accordance with the provisions of paragraphs (g) and (h) below; ~ ~ J , t~ r t (g) If at any time during the calendar years 1985-1990, the amount of "Gross ReceiptsR shall exceed the RBase Amount" under. and as defined by t~e Ground Lease of even date between W R C Properties, Inc. and Maker which is security for the Mortgage securing the within Note, twenty-five percent (25') of such excess amount shall be paid to the Holder at the time that Participation Rent is payable under the Ground Lease, which payments shall, to the extent thereof, be applied in re- ductIon of the monies accrued and accruing under the provisions of paragraphs (.) through (f) above and the balance of Slid accrued monies then remaining unpaid, if any, shall be added to the principal of the within Note effective January 1, 1990; and (h) Commencing on the fIrst (1st) day of February, 1990 and on the first (1st) day of each of the next succeeding three hundred and fifty-nine (359) months, installments of principal and in- terest at the rate of twelve and one-half percent (l2-1/2~) per a,nnum, in the amount of ONE HUNDRED FORTY-FOUR THOUSAND ONE HUNDRED TWELVE AND 50/100 DOLLARS ($144,112.50) shall be due and payable. or an amount equal to one-twelfth (1/l2th) of an annual constant of twelve and eighty-one hundredths percent (12.el~) multiplied by the amount of the outstanding principal balance under this Note on the date the initial such Installment is due (taking into account the addition thereto of any accrued but unpaid monies as provided In para- graph (9) above), whichever is higher. The entire unpdd prlnclpllll bahnce of the Note, together with all unpaid accrued interest. shall be due and pay- able in full on the first day of January, 2020. Each monthly installment of principal and interest, upon receipt. ~Ihdl toe applied fiut to accrued but unpaid interest and the balance shall be applied on account of principal. -2- t- -.J