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HomeMy WebLinkAbout1564 r 1 ' . ~ ~ . ae fi~oed 2ye~reit~, u~o~~ t~s O! atyy ~yt ot dslnult w~c3er any of the O~lietarnl Do~neatrt~. Upoi~ e~oarciea o! thi~ ap~tiaa~ by thQ Hc~lder, th~ e.~tiro w~ai~d porincipal ehall bo~ar interest t~til petl.Q at th~e appllaabl0 rate, es sgt farth rbv~?e, as of the date or such d~e.fault. ~brl~e~r~rae to e~ex~cise this vpticn with reepect to eny tailus~ a~ b~t~e~ch o! the Ma~}a~ar ahall ; ~ c~eti~te e waiver o! ths ri~t ae to any subaeque~t~ct fail~ or lsreech. Time is of the es~oe o! this oont~r~ct end, in c,~ee thj,e Nate ia oollec,•ted by le~w or thrar,~ti an attarr~y et lew, or ta~er advice t,herefrom, the Maker aqreee to pe~y aii oosts o! vollectian, ir~luding x'ee~saneble attati~eys~ fees. Zl~e Mn}oar he~+by weivas pa~e~tment, deinar~d far payme~7t, p~ate8t aryd notios ct ncn-rpe?ymeartt. P ~ ~ 7~e Maker hez~eby acki~awl~dges the?t thiei Nate 2v~s been ~ I ~ t~liver~d itl ths Steta o~' Geoxqia, arld that tha laws Ot tbe ; stete ot Geo~rgie ~hali ~n this . 7he l~}c,s~r turther ac~~ow~edc~as t?~t ths Noldnr i.e~ a nakiabl bankistg ~seociation, c~t~~ad w~ t~s lan~ o! ~he tfiited btdt~s ot Amaric~, locat~d in the Stat~ o! Georgie~ t and that w~r Titl. ~ 12, 8ection 85, ot tho Lfiited b"~ata4 Oode, the maxiiaaa rete of irttss~ast ~ic~ t~~e Holder mny tnke, s~sa~iv+s, reea~sv~e ~r~d c~rq~ oon the rv3,cl~r~o~d by this Nate she].1 be in aooox~noe with the lawa of the 8tnte ot Georgic~. -4- BoaK 674 ~~E 15f ~ ~