EX-10.31
from 10-Q
6 pages
Section 1.1. Rate of Accrual. Interest Will Accrue on the Unpaid Principal Balance at the Rate Set Forth in Section 1.2.1. Until Maturity of This Note, Whether Such Maturity Occurs by Acceleration or on the Maturity Date; And, at Bank’s Option, Interest at the Foregoing Rate Will Accrue on Any Unpaid Interest Before Such Maturity. Interest Will Accrue on Any Unpaid Balance Owing Under This Note, Whether Principal, Interest, Fees, Premiums, Charges or Costs and Expenses, After Maturity at the Rate Set Forth in Section 1.2.2. All Accrual Rates of Interest Under This Note Will Be Contract Rates of Interest, Whether a Pre-Default Rate or a Default Rate, and References to Contract Rates in Any Loan Documents Executed and Delivered by Borrower or Others to Bank in Connection With This Note Shall Be to Such Contract Rates. Section 1.2. Interest Rates
12/34/56