Late Charge. If Borrower fails to pay, within five (5) days of its due date, any amount due and owing pursuant to this Note or any other agreement executed and delivered to the [[Lender:Organization]] in connection with this Note, including, without limitation, any Escrow payment due and owing, Borrower shall immediately pay to the [[Lender:Organization]] a late charge equal to the greatest of # $50.00, # five percent (5%) of the delinquent amount or # the [[Lender:Organization]]’s then current late charge as announced from time to time. Notwithstanding the above, if this Note is secured by a one- to six-family owner-occupied residence, the late charge shall equal 2% of the delinquent amount and shall be payable if payment is not received within fifteen days of its due date.

Late Charge. If [[Borrower:Organization]] fails to pay, within five (5) days of its due date, any amount due and owing pursuant to this Note or any other agreement executed and delivered to the [[Bank:Organization]] in connection with this Note, including, without limitation, any Escrow payment due and owing, [[Borrower:Organization]] shall immediately pay to the [[Bank:Organization]] a late charge equal to the greatest of # $50.00, # five percent (5%) of the delinquent amount or # the [[Bank:Organization]]’s then current late charge as announced from time to time. Notwithstanding the above, if this Note is secured by a one- to six-family owner-occupied residence, the late charge shall equal 2% of the delinquent amount and shall be payable if payment is not received within fifteen days of its due date.

Late Charge. If any monthly installment amount due under the Note is not made within ten (10) days of its due date, Borrower shall pay to Lender a late charge equal to the lesser of five percent (5%) of such principal or interest payment then due or the maximum rate provided by law; provided, however, no late charge shall be due with respect to any payment due on the maturity date.

Late Payment Charge. If any principal, interest or any other sums due under the Loan Documents is not paid by [[Borrower:Organization]] by the date on which it is due, [[Borrower:Organization]] shall pay to [[Lender:Organization]] upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the maximum amount permitted by applicable law in order to defray the expense incurred by [[Lender:Organization]] in handling and processing such delinquent payment and to compensate [[Lender:Organization]] for the loss of the use of such delinquent payment, provided, however that no such late payment charge shall be due with respect to the principal amount of the Loan due on the Maturity Date. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.