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f. Loan Balance as of Default Date (04/10/2025)
The date of Default is 30 Days after the due date of the first unpaid installment. Any amount received from a Partial Payment to a full monthly installment must be applied to the Loan and advance the next payment due date and the associated date of Default.
The loan balance as of the date of Default is the balance as of the last credited payment plus accrued interest up to 30 Days past the due date of the first unpaid installment.