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Interest only on outstanding balances of the prin-
cipal indebtedness at a rate per annum (based on a year
of 365 or 366 days) which shall be the greater from time
to time of (a) 2-1/48 above the prime interest rate per
annum announced from time to time by Mellon at its prin-
cipal office in Pittsburgh, Pennsylvania for new 90-day
loans to commercial borrowers of substantial size and
high credit standing, or (b) 2-1/48 above the latest three-
week moving average interest rate payable on 90-to-119 ,
day dealer placed commercial paper as published by the
Federal Reserve Bank of New York or, if said publication
shall be suspended or terminated, such three-week moving
average interest rate determined by Mellon on the basis
of quotations received by Mellon from three New York
commercial paper dealers of recognized standing; such
interest shall be payable on the first day of each month t
following the date hereof and at the time of payment in
full of the indebtedness evidenced hereby.
rmination of the interest rate from time to
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time in effect shall be made on the date hereof and on
the last business day of each month thereafter until
payment in .full of the indebtedness evidenced hereby.
I~ The interest rate so determined on -the last business day
i of each month following the date of such determination and
shall remain in effect until the effective date of the
next determination.
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i All payments to be made at the principal office of Mellon at ~
~~Mellon Square, Pittsburgh, Pennsylvania 15230, or elsewhere as di-
~~rected by any holder hereof.
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The Undersigned shall have the right and privilege to prepay,
~~without premium or penalty, all or any part of the principal hereo
~~on any interest payment date.
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If any payment provided for herein shall become overdue, the
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!Undersigned agrees to pay a late charge in an amount equal to 68
~~of any such overdue payment as compensation for the additional serf
~~vice resulting from the default.
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This Note shall evidence and the Mortgages and other security
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'given to secure its payment shall cover and be security or any
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.,future loans or advances that may be made to or on behalf of the
;,Undersigned by any holder hereof at any time or times hereafter anc~
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