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<br />after the fìrst day of the month following the undersigned's <br />funding of such loan. <br /> <br />. <br /> <br />(h) <br /> <br />Such Borrower Note shall have an outstanding <br /> <br />principal balance of not less than $75,000 at the date it is <br />funded by the undersigned, <br /> <br />(i) <br /> <br />The payment schedule for such Borrower <br /> <br />Note shall be adequate to service payments of principal and <br /> <br />interest on a corresponding portion of the principal amount of <br /> <br />this note as they respectively fall due. <br /> <br />Such Borrower Note <br /> <br />shall require the Borrower to deposit with the holder thereof <br /> <br />an amount equal to one monthly installment of principal and <br />interest on such Borrower Note, which deposits shall be pledged <br /> <br />I <br /> <br />as security for all of Borrower's obligations in respect of <br /> <br />such Borrower Note and the security therefor. <br /> <br />(j) <br /> <br />Any determination by an administrative <br /> <br />agency of the United States or of any state, or by any court, <br /> <br />of competent jurisdiction, which determination is or has become <br /> <br />not subject to further administrative or judicial appeal or <br />contest, that the undersigned lacks or 'lacked authority to <br /> <br />issue this note or make such Qualified Take-O~t Loan, respec- <br />tively, shall constitute an event of default on this note. <br /> <br />(k) <br /> <br />Such Qualified Take-Out Loan shall be <br /> <br />. <br /> <br />serviced by a qualified mortgage lender (which may be Bank or <br />an affiliate thereof), and upon terms, satisfactory to Bank, <br /> <br />(l) <br /> <br />The corresponding Borrower Note shall <br /> <br />contain a covenant by the Borrower that the aggregate outstand- <br /> <br />ing principal amount of funding made in whole or in part <br /> <br />(whether by loan or lease) directly or indirectly to such <br /> <br />Borrower, any lessee or lessees of such Borrower, and any <br /> <br />person or persons "related" to such Borrower or lessees (within <br /> <br />-9- <br /> <br />. <br /> <br />'7tf <br /> <br />5E. <br />