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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />If any installment on this note is not paid when due <br />or if default is made on any other obligation hereunder or <br /> <br />under the Pledge Agreement or any Assignment of Deed of Trust <br />securing this note or if any event shall have occurred which <br /> <br />entitles the holder of any Borrower Note to accelerate the <br />maturity thereof, then or at any time thereafter the holder <br /> <br />of this note may, without notice, declare immediately due <br /> <br />and payable all unpaid principal, interest and charges owing <br />on this note, <br /> <br />Upon sale, transfer, hypothecation, assignment or <br /> <br />encumbrance, whether voluntary, involuntary or by operation of <br /> <br />law, of all or any part of the property described in any deed <br />of trust assigned pursuant to any Assignment of Deed of Trust <br /> <br />securing this note, or any interest in said property, then at <br /> <br />its sole option the holder of this note may, by written notice <br /> <br /> <br />to the undersigned, accelerate this note by declaring all <br /> <br />unpaid principal, interest and charges owing on this note <br />immediately due and payable, except to the extent that such <br /> <br />acceleration is prohibited by law, <br /> <br />Except regarding damages resulting from any bre,ach of <br /> <br />representation or warranty or failure to perform or observe any <br /> <br />covenant herein or in the Pledge Agreement or any Assignment of <br /> <br />Deed of Trust (other than the promise to pay principal and <br /> <br />interest on this note or other charges provided herein or in any <br />.Pledge Agreement or any Assignment of Deed of Trust, includ- <br /> <br />ing without limitation late charges), the holder hereof shall <br /> <br />have no recourse against the unqersigned's general assets to <br /> <br />enforce this note and the sole sources of payment of principal <br /> <br />and interest on this note and such other charges shall be the <br /> <br />Borrower Notes and the security therefor and any guaranties <br /> <br />-11- <br /> <br />?~ <br /> <br />5E <br />