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2o1oos393 d. No Cross-Default. During th� tet-m of the Third Party Loan, Third Party Lender will not exercise any cross-default, "deem at-risk," or any other provisions in documents evidencing the Third Party Loan or Third Party Lender Lien which allow Third Party Lender to make detnand prior to maturity unless the loan is in default. e• M�turity and, Ballqon, Pa�ents� The Third Party Loan has a term of at least 7 years when the 504 loan is for a term of 10 years and 1 Q years when the 504 loans is for 20 years. If there is more than one Third Party Laan, an overall loan maturity must be calculated, taking intp accaunt the maturities and amounts of each loan. If th�re is a balloon payment, it must be clearly identified in the Authorization. f• he Third Party I,oan has a reasonable interest rate which does not and will not exceed the nnaximurn interest rate far Third Party Loans from commercial financial institutians as published periodically by SBA in the Federal Re ister and in effect as of the date of this agreernent. 6. o PrQ�p,� No Third Party Lender shall establish a preference beyond its rights as a senior lender on the Third Party Loan without the prior written consent af CDC/SBA. See 13 C.F.R. § 120.10 for a definition of preference. 7. Notice of Default under the Third Pa Loan. In the event af a default under the Third Party Loan or Third Party Lien, Third Party Lender must give CDC and SBA written notice, referencing the loan number for the 504 loan, of such default within thirty (30) days of the event of d�fault and at least sixty (60) days priar to Third Party Lender's foreclosure upon the Common Collateral. 8. Certification as to Default Interest Rate as A ainst Borrower. Third Party Lender may not escalate the rate of interest upon default ta a rate greater than the rnaximum rate published by SBA in the �dera ,� ;�tP� f�om commercial financial institutions in effect as of the date of tliis Agreement. SBA will only pay the interest rate on the note in effect befare the date of Borrawer's default. SBA Form 22$7 (August 2007)