Event of Default; Acceleration. Upon the occurrence of an Event of Default, the Maturity Date shall be deemed also to have occurred and the outstanding principal amount of this Note and all accrued and unpaid interest thereon shall immediately be due and payable to the Investor. The [[Organization A:Organization]] waives presentment, demand, notice of dishonor, protest, and notice of nonpayment and protest of this Note.

Event of Default; Acceleration. Upon the occurrence of anThen, and in any such Event of Default, the Maturity Date shall be deemed also to have occurredHolder may, at its option and without written notice [[Organization A:Organization]], declare the outstandingentire principal amount of this Note and all interest accrued thereon [[Organization A:Organization]] date of payment then outstanding immediately due and unpaid interest thereonpayable, and the same shall forthwith become immediately be due and payable without presentment, demand, protest, or other notice of any kind, all of which are expressly waived. The Events of Default listed herein are solely for the purpose of protecting the interests of the Holder of this Note. If the Note is not paid in full upon acceleration, as required above, interest shall accrue on the outstanding principal balance of and interest on this Note from the date of the Event of Default up to and including the Investor. Thedate of payment at a rate equal [[Organization A:Organization]] waives presentment, demand, noticegreater of dishonor, protest, and notice of nonpayment and protest of this Note.eighteen (18%) percent per annum or the maximum interest rate permitted by applicable law.