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(A) A. equals the fr~cti~on :(BxPressed as a dec~imal of
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' e Ael~ted_ Intetest not - allowable as a_ deduction to the. Lender _
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after the ef_fec~ive daie of khe incxease:s . _
(g~. B equals the maximutn tederal income t~x rate the»
n. ef fect . for corpora~tions such as the Lender texpressed a's : _
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decimal): - ~ ~
'(C) C equals the~~Lender's Adjusted,Cost of Fun~s, . ;:2~
' ~iii)_ Tax"~iolation. ~n the'event o~,a Tax Violation,the
Stated ~ate shall be changed .to the Taxnble Rate, to . be _ad justed .
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with each change in.the Prime Rate effective:~retroactfvely to the _ _
date`as-of. whicb the interest on the Note is deer.+ed.includttble i~
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the ross income af ihe Noteholder• However, if at the time of
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the Tax Viol.atio,n th~ Stated Rate is the Fixed Rate,. nnd if,at
the time_ of the ' Tax Violation ~ or any : tfine ~ thereaf ter t?ne "Prime :
-~te ia ot becomes less than the Fixed Rate, the Taxable F.ate
,shall be the Fixed Rnie durinq such time that the Prime Rate is =
~ less than the FixeB,Rate. . . - -
The additional an?ount of interest due on the Note in the :
event of Tax Violation shall be.as follow~s ta) the di~f~rence `
b.etween ti) inLerest an the Note for the Taxable Period ~t the
~ Tnxable Rate as adjusted ~rom~time to~time on the same dates and
ih. the same manner as the Stnted Rate was ar K~uld be ad~us4~ed
~ pursuant to the ~provisions hereo~ s snd tii ~ tbe aqgte9ate amount .
of interest pny~?ble on the pote for the T~xabie ~eriod at the
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ROF~I.UCIE-30)1A-16(I1/16/87) ' _
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