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<br />'.. ' <br /> <br />200903325 <br /> <br />installments of principal and interest upon each and every Monthly Due Date during the <br />term hereof, through and including the Maturity Date (as defined in 14.2). <br /> <br />1.2.1 Initial Installments. The amount of each monthly installment due <br />and payable on the first twelve Monthly Due Dates shall be Three <br />Thousand Five Hundred Thirty Two and 60/100 Dollars ($3,532.60). <br /> <br />1.2.2 Subsequent Installments. The amount of each monthly installment <br />(other than the Final Installment as defined in 1.2.3) due and payable upon <br />each of the twelve Monthly Due Dates following each Change Date shall <br />be, as determined by Lender in Lender's sole discretion, either (i) the <br />amount previously determined by Lender to be due and payable upon the <br />Monthly Due Date coinciding with such Change Date or (ii) the amount <br />(determined by Lender) which shall be sufficient to repay in full, by the <br />Maturity Date, the outstanding principal balance owing hereunder on such <br />Change Date, together with interest thereon at the Variable Interest Rate <br />established in accordance with 14.4 for such Change Date, in equal <br />monthly installments. <br /> <br />1.2.3 Final Installment. Borrower shall pay to Lender, on the Maturity <br />Date, a final installment (herein referred to as "Final Installment") of all <br />amounts then owing and unpaid under this Promissory Note, including (i) <br />the full unpaid balance of the principal sum, (ii) all accrued and unpaid <br />interest, and (iii) any penalties payable under the terms of this Promissory <br />Note. Notwithstanding the preceding sentence, instead of making the <br />payment on the Maturity Date as described above, Borrower may be <br />permitted by Lender, in Lender's sole discretion, to continue to pay <br />monthly installments in an amount that is at least equal to the amount of <br />the last monthly installment preceding the Maturity Date, as determined in <br />1.2.2, until all amounts owing and unpaid under this Promissory Note, <br />including (i) the full unpaid balance of the principal sum, (ii) all accrued <br />and unpaid interest, (iii) any penalties payable under the terms of this <br />Promissory Note, are paid in full; provided that in no event shall the <br />amount of any such monthly installment payable on or after the Maturity <br />Date be less than the amount (determined by Lender) which shall be <br />sufficient to repay in full, by the date that is twelve (12) months after the <br /> <br />2 <br /> <br />rr <br />Y1k/' <br />