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conditions of this Note and the instruments securing same within Sixty (60) days from date of written notice
<br />from Lender, this, too, shall constitute an Event of Default under the terms of this Note.
<br />LENDER'S RIGHTS. Upon default, Lender may declare the entire indebtedness, including the unpaid
<br />principal balance on this Note, all accrued unpaid interest, and all other amounts, costs and expenses for
<br />which Borrower is responsible under this Note or any other agreement with Lender pertaining to this loan,
<br />immediately due, without notice, and then Borrower will pay that amount. In addition to accelerating the
<br />Note for events of default as set forth above, Lender may declare the entire indebtedness, including the
<br />unpaid principal balance on this Note, all accrued unpaid interest, and all other amounts, costs and expenses
<br />for which Borrower is responsible under this Note or any other agreement with Lender pertaining to this
<br />loan, immediately due, without notice, in the event that Lender has an emergency need for repayment of
<br />the borrowed funds, plus accrued unpaid interest, such emergencies including but not limited to natural or
<br />man-made disasters, financial calamity, changes in state or federal law leading to an emergency need for
<br />such funds, and a judgment of a state or federal court for which Lender has no insurance coverage and
<br />which Lender does not have sufficient funds to satisfy. In such event, Lender will notify Borrower in writing
<br />that Lender is calling the note, and Borrower shall have sixty (60) days to repay all principal and any
<br />accrued interest to Lender.
<br />ATTORNEYS' FEES • EXPENSES. Lender may hire an attorney to help collect this Note if Borrower
<br />does not pay, and Borrower will pay Lender's reasonable attorneys' fees. Borrower also will pay Lender
<br />all other amounts Lender actually incurs as court costs, lawful fees for filing, recording, or releasing to any
<br />public office any instrument securing this Note; and the reasonable cost actually expended for repossessing,
<br />storing, preparing for sale, and selling any security.
<br />GOVERNING LAW. This Note will be governed by, construed and enforced in accordance with
<br />Federal Law and the laws of the State of Texas. This Note has been accepted by Lender in the State
<br />of Texas.
<br />CHOICE OF VENUE. Should litigation become necessary between the parties, and if the transactions
<br />evidenced by this Note occurred in Lamar County, Borrower agrees upon Lender's request to submit to the
<br />jurisdiction of the Courts of Lamar County, State of Texas.
<br />SUCCESSOR INTERESTS. The terms of this Note shall be binding upon Borrower, and upon
<br />Borrower's successors and assigns, and shall inure to the benefit of Lender, its successors and assigns.
<br />NOTIFY US OF INACCURATE INFORMATION WE REPORT TO CONSUMER REPORTING
<br />AGENCIES. Please notify us if we report any inaccurate information about your account(s) to a consumer
<br />reporting agency. Your written notice describing the specific inaccuracy(ies) should be sent to us at the
<br />following address:
<br />City of Paris
<br />150 SE 1" Street
<br />Paris, TX 75460
<br />GENERAL PROVISIONS. If any part of this Note cannot be enforced, this fact will not affect the rest
<br />of the Note. Borrower does not agree or intend to pay, and Lender does not agree or intend to contract for,
<br />charge, collect, take, reserve or receive (collectively referred to herein as charge or collect), any amount in
<br />the nature of interest or in the nature of a fee for this loan, which would in any way or event (including
<br />demand, prepayment, or acceleration) cause Lender to charge or collect more for this loan than the
<br />maximum Lender would be permitted to charge or collect by Federal law or the law of the State of Texas
<br />(as applicable). Any such excess interest or unauthorized fee shall, instead of anything stated to the
<br />contrary, be applied first to reduce the principal balance of this loan, and when the principal has been paid
<br />in full, be refunded to Borrower. The right to accelerate maturity of sums due under this Note does not
<br />include the right to accelerate any interest which has not otherwise accrued on the date of such acceleration,
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