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84 - 00664.1 Notwithstanding any provision herei~ or in th. Mortgage securing this Note to the contrary, if Makel:t.~S lessee, is entitled to exercise and does exercIse thti 5l,!,t1on purchase set forth In Article 31 of the Ground Lelll~(!. fined in the Mortgage securing this Note), theni.at~he contemplated thereunder, this Note shall be preti...1ct,.wlt,. penalty but there shall be no other right of prep...S'~... In whole or in part except for any mandatory prepaYJleftts v!ded for in the Mortgage. If defaul t be made in the payment of any In.stallfil-",5 of interest or principal and interest when due under thsNote or in the performance of any of the terms, covenants, .con- ditlons or warranties herein or in the Mortgage and the Assignment of Lessor's Interest in leases, and the Sec,urlty Agreement, all of even date herewith, securing this Note (hereinafter collectively called "Mortgage"), at the option of the Holder of this Note the entire principal sum evidenced hereby and secured by said Mortgage, together with interest accrued thereon, without notice, shall immediately become due and payable. Failure to exercise this option by Holder shall not constitute a waiver of the right to exercise same in the event of any subsequent default. In the event of any default hereunder or under the Mortgage securing this Note and upon acceleration of the entire indebtedness aforesaid, interest shall accrue.' tll-ere~ffter mllita rate (the "Default RateR) equal to one-half of one percent (1/21) above the then applicable rate of interest as fixed herein. Notwithstanding any provision herein to the contrary, in the event of any default hereunder on the part of Maker, Holder shall be entitled to enforce any of its remedies there- for only after such default shall have continued uncorrected for ten (10) days after written notice with respect to a de- fault in the payment of principal and/or interest due hereunder or with respect to any other monetary defaults, and with re- spect to all other defaults, for twenty (20) days after written notIce or such longer period as may be required to cure such default if such default is of a nature that cannot be cured within twenty (20) days provided Maker commences to cure the same within such twenty (20) day period and thereafter con- tinues diligently to prosecute the same to completion. Such notice shall be deemed sent when placed in a post office box and sent by registered or certified mail to Maker at the address above set forth or to any other addresses given by Maker by notice, provided that in no event shall the Holder be required to send notice to more than two entities and to more than two addresses. If any suit or action is instituted to collect the Indebtedness evidenced by this Note or any part thereof, or if it is placed in the handS of an attorney for collection, the undersigned promises and agrees to pay r~~;onable attorneys' fees and court costs. L , The Maker snd endorsers hereof and all others who may become li$ble for all or any part of this obligation, agree hereby to be jointly and severally bound, and jointly and severally waive and renounce any and all exemption rights and the benefit of all valuation and appraisement privileges as agalnst this debt or any renewal or extension thereof, waive demand, protest, notice of nonpayment and any and all lack of diligence Ot delays In collection or enforcement hereof. They waive the right to plead any and all statute of limitations as a d.'enge to any demand on this Not. or under the Mortgage securing this Note ~nd expressly consent to any extension of th~e. rl!ele'lue of any party 11l1ble for this obligation. t'tdease ..3- ..J