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A. LOAN PROVISIONS <br /> 1. Loan Origination Fee. The amount of the loan (LOAN AMOUNT) shall include (1) <br /> the amount of the funds loaned by the CWCB to the BORROWER for the PROJECT <br /> and (2) a loan origination fee of one percent (1%) of the PROJECT amount. In the <br /> event that the BORROWER does not use the full LOAN AMOUNT authorized, the <br /> parties shall amend this CONTRACT or exercise an OPTION LETTER (as outlined in <br /> section A.3b. and attached as APPENDIX 2) to revise the LOAN AMOUNT including <br /> adjustment of the loan origination fee to reflect 1% of the actual LOAN AMOUNT <br /> disbursed to the BORROWER. <br /> 2. Contract Amendment Service Fees. Under certain circumstances, the <br /> BORROWER shall be assessed a service fee for amending the CONTRACT. <br /> a. A service fee shall be imposed on the BORROWER for amendments processed for <br /> the benefit of the BORROWER and necessary for the BORROWER'S course of <br /> business but not necessary for the CWCB, including, but not limited to, a change <br /> in BORROWER name, assignment of contract, substitution of collateral, loan <br /> payment deferments in excess of 3 per loan, and loan consolidation. <br /> Amendments in the course of CWCB business, including but not limited to, loan <br /> payment deferments (up to 3 per loan) and changes in terms of loan repayment <br /> will be processed at no additional charge to the BORROWER. <br /> b. The amount charged shall be in accordance with the service fee rate structure <br /> set forth in the CWCB Loan Service Charge Policy in effect at the time the <br /> BORROWER shall request an amendment. The current service fee for an <br /> amendment is $1,000. <br /> c. The BORROWER shall remit the service fee to the CWCB prior to initiation of the <br /> amendment. Any service fee remitted to the CWCB cannot be refunded. <br /> 3. Promissory Note Provisions. <br /> a. The PROMISSORY NOTE shall identify the LOAN AMOUNT. The CWCB agrees <br /> to loan to the BORROWER an amount not to exceed the LOAN AMOUNT and <br /> the BORROWER agrees to repay the loan in accordance with the terms as set <br /> forth in the PROMISSORY NOTE, attached hereto as APPENDIX 3 and <br /> incorporated herein. <br /> b. If the amount of loan funds disbursed by the CWCB, to the Borrower, differs <br /> from the LOAN AMOUNT, the parties shall amend this CONTRACT or exercise <br /> an OPTION LETTER. <br /> C. An amendment to this CONTRACT shall be executed for the following <br /> changes including, but not limited to, an increase in LOAN AMOUNT, change <br /> in collateral, and decrease in LOAN AMOUNT with re-amortization of the <br /> Loan. <br /> d. Upon substantial completion of the PROJECT with a resulting decrease in <br /> the total LOAN AMOUNT and the Borrower requests a re-amortization of the <br /> Page 2 of 13 <br />