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Maker will make my monthly payments at 1125 Bonham Street, Paris, Texas 73460 or <br />at a different place if required by the Note Holder. <br />(b) Amount of Monthly Payments <br />Maker's monthly payment will be in the amount of $28,511.17due and payable in U.S. <br />dollars on the 15th day of each month beginning July 15, 2010, and continuing through March <br />15, 2017, inclusive, plus a final payment of $28,511.43 April 15, 2017. <br />5. BORROWER'S RIGHT TO PREPAY <br />Maker has the right to make payments of principal at any time before they are due. A <br />payment of principal only is known as a"prepayment." When Maker makes a prepayment, <br />Maker shall notify the Note Holder in writing that Maker is doing so. <br />Maker may make a full prepayment or partial prepayments without paying any <br />prepayment charge. The Note Holder will use all of my prepayments to reduce the amount of <br />principal that Maker owes under this Note. If Maker makes a partial prepayment, there will be <br />no changes in the due date or in the amount or the monthly payment unless the Note Holder <br />agrees in writing to those changes. <br />6. LOAN CHARGES <br />If a law, which applies to this loan and which sets maximum loan charges, is finally <br />interpreted so that the interest or other loan charges collected or to be collected in connection <br />with this loan exceed the permitted limits, then: (i) any such loan charge shall be reduced by the <br />amount necessary to reduce the charge to the permitted limit; and (ii) any sums already <br />collected from Maker which exceeded permitted limits will be refunded to Maker. The Note <br />Holder may choose to make this refund by reducing the principal Maker owes under this Note <br />or by making a direct payment to Maker. If a refund reduces principal, the reduction will be <br />treated as a partial prepayment. <br />7. BORROWER'S FAILURE TO PAY AS REQUIRED <br />(a) Late Charge for Overdue Payments <br />If the Note Holder has not received the full amount of any monthly payment by the end <br />of fifteen (15) calendar days after the date it is due, Maker will pay late charge to the Note <br />Holder. The amount of the charge will be four percent (4.00%) of the overdue payment of <br />principal and interest. Maker will pay this late charge promptly but only once on each late <br />payment. <br />2 <br />