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The rate of 2% per month (both before and after judgement) from due date until the date of actual repayment or until repayment of the outstanding principal amount of the Loan has been demanded (whichever shall occur first) shall be charged on the amount of any overdue monthly repayment(s) and in the event of such default and not otherwise the Company is at liberty to disclose to the Employer of the Borrower the state of the Borrower s indebtedness. The outstanding principal amount of the Loan.

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