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Promise to Pay; Customer promises to pay SCE the Amount Financed in equal monthly Installments as sat forth In the section above and/or Schedule A (Customer's "Loan Obl`gation"), The first Monthly Payment of Customer's Loan Obligation will appear within sixty (60) days from the Effective bale on Cuatomer's SCE utility bill(a) for the Service Account(s) hated above. Manner of Payment: Customer's Monthly Payment amount will appear as a line item labeled "EC/OBF Installment Charge" on the monthly SCE utility blll(a) for Customer's Service Aoccunt(s), Customer may pay the Loan Obligaation in the monthly Installments or prepay the Loan Obligation in one lump sum without penalty, but pro-paymants for less than the remaining balance will not be allowed, Customer's Loan Obligation will appear on Customer's monthly SCE utility blll(s) for the number of months set forth above, or until the Loan Obligation Is paid In full by Customer, whichever occurs first. Customer shall make payments to SCE as directed in the SCE utility blil(s), Partial Payments; If Customer Is unable to make a full payment of the Loan Obligation In any given month, payment arrangements may be made at SCE's sole discretion. Any partial payments will be applied In equal proportion to the energy charges and the Loan Obligation,, and Customer will be considered to be delinquent and in default of both the energy bill and the Loan Obllgaflom Lato Payments; No late payment charges or Interest will be assessed for delinquent payments on the Loan Obligation, However, SCE may assess late payment charges for delinquent payments of energy charges pursuant to SCE's Rule g which is Incorporated herein by reference. Returned Payments; SCE may regtdrs payment of a $10.00 Returned Check Charge for any check raturnsd from Customer's financial institution unpaid. The Returned Check Charge will also apply to any forms of payment that are subsequently dishonored. Discontinuance of Sarvlcm Amounts due under this OBF Agreement will be amounts deemed due under eaoh SCE utility bill to the Customoee Service Account(s), and a default under this OBP Agreement will be treated as a default under the Customer's Service Account(s), Customer's Loan Obligation Is subject to the dlsoontlnuance provisions of SCE's Rule 11, Discontinuance and Restoration of Service, Section B, Nonpayment of Sille or Summary Bills which is incorporated herein by referenoe. Breach and Acceleration: Any breach by Customer under the EMS Agraoment or this 06P Agreement shall constitute a breach under all of the above referenced agreements, For purposes heroin, SCE may determine the OBP Agreement to be breached and Customer to be in default If Customer: (1) sells, assigns or otherwise transfers ownership, possassjon or title of the Site or the Equipment, (2) falls to pay the Monthly Payment amount when due, (3) oloses, discontinues or otherwise causes the termination of the Service. Account(s), or (4) otherwise breaches this OBF Agreement and /or the EMS Agreement, and the breach Is not cured as speolfled therein, Notwithstanding anything to tite contrary in the EMS Agreement, a breach and default as set forth In this section shall not "' suhjOct to any additional cure period, Following a breach as set forth in this section, SCE shall have the, right to declare the entire unpaid balance of the Loan Obligation immediately due and payable. Purchase Money Security Interest; Customer hereby agrees that SCE may, but Is not obligated to, file a UCC•1 ( "Financing Statement "') against the Equipment to secure C'ustomer's obligation to repay the Amount Financed. Customer agrees to execute any and all documents In connection with the Financing Statement In order for $OF to perfect its security Interest in the Equipment. Customer agrees that SCE is not waiving any of Its rights of recovery as against the Customer should SCE elect to file a Financing Statement, Farm 14 -792 0612012 251 -16