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Security Deposit for the payment of Tenant's obligations hereunder. The use or application of the Security Deposit or any portion thereof shall not prevent Landlord from exercising any other right or remedy provided hereunder or under any Laws and shall not be construed as liquidated damages. In the event the Security Deposit is reduced by such use or application, Tenant shall deposit with Landlord, within twenty (20) days after written notice, an amount sufficient to restore the full amount of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from Landlord's general fund or pay interest on the Security Deposit. Any remaining portion of the Security Deposi~ shall be returned to Tenant within thirty (30) days after Tenant has vacated the Premises in accordance with Article 3.7. If the Premises shall be expanded at any time, or if the Term shall be extended at any increased rate of Rent the Security Deposit shall thereupon be proportionately increased. 2.6 Interest and Late Charges. If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law, (currently 10%). Tenant acknowledges that the late payment of any monthly Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated wider this Lease, including, without limitation, administrative and collection costs and processing and account expenses, the exact amount of which it is difficult to ascertain. Interest shall not begin to accrue until the sixth (6th) business day that the amounts due remain unpaid. Therefore, in addition to interest, if any such installment is not received by Landlord within five (5) busine~s days from the date it is due, Tenant shall pay Landlord a late charge equal to five percent (5%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses ~nd is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. In addition, any check returned by the bank for any reason will be considered late and will be subject to all late charges plus a Twenty Dollar ($20.00) fee. After two (2) such occasions in any twelve (12) month period, Landlord will have the right to require payment by a Cashier's Check or Money Order. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to landlord under Article 7 of this lease. 13 1 T" r" .',