Chase bank installment loans. LOAN AND SAFETY AGREEMENT

14. BELATED CHARGES. Then as compensation for the administration and enforcement of Borrowers obligation to make timely payments, Borrower shall pay with respect to each overdue payment on demand an amount equal to the greater of fifteen dollars ($15.00) or five percent (5%) of the each overdue payment (but not to exceed the highest late charge permitted by applicable law) plus any collection agency fees and expenses if any installment payment or other amount payable under the Note or this Agreement is not paid within 5 business days of its due date. The failure of Lender to get any late cost will maybe maybe maybe not represent a waiver of Lenders right with respect thereto.


If Borrower does not make any re payment under this contract or does not perform any one of its other responsibilities in this contract (including, without limitation, its contract to supply insurance plan), Lender may itself make payment that is such perform such responsibility, and also the number of such re re re payment together with quantity of the reasonable costs of Lender incurred in connection with such re re payment or performance will be considered become extra principal beneath the Note which can be payable by Borrower on need. (بیشتر…)