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A-4 14. Default Rate. So long as (a) any monthly installment under this Governmental Note remains past due, or (b) any other Event of Default has occurred and is continuing, interest under this Governmental Note shall accrue on the unpaid principal balance from the earlier of the due date of the first unpaid monthly installment or the occurrence of such other Event of Default, as applicable, at a rate (the “Default Rate”) equal to the lesser of (i) the Construction Phase Interest Rate or Permanent Phase Interest Rate, as applicable, otherwise in effect notwithstanding the default plus four percent (4%) per annum or (ii) the Maximum Interest Rate. If the unpaid principal balance and all accrued interest are not paid in full on the Maturity Date, the unpaid principal balance and all accrued interest shall bear interest from the Maturity Date at the Default Rate. 15. Limited Obligation. This Governmental Note is a special, limited obligation of the Obligor payable solely from the Pledged Security and any other revenues, funds and assets pledged under the Funding Loan Agreement and not from any other revenues, funds or assets of the Obligor. This Governmental Note is not a general obligation, debt, or bonded indebtedness of the Obligor, the State or any political subdivision thereof (other than of the Obligor to the limited extent set forth in the Funding Loan Agreement) and the holder of this Governmental Note does not have the right to have any excises or taxes levied by the Obligor, the State, or any political subdivision thereof for the payment of the principal of and any Prepayment Premium and interest on this Governmental Note. None of the Obligor, the State, or any political subdivision of the State will be obligated to pay the principal of and the interest on this Governmental Note or other costs incident thereto except from the Pledged Security pledged under the Funding Loan Agreement. No provision, covenant, or agreement contained in this Governmental Note or the Funding Loan Agreement, or any obligation herein or therein imposed upon the Obligor, or the breach thereof, shall constitute or give rise to or impose a liability upon the Obligor (except from the Pledged Security), or upon any of its officers, employees, or agents, or constitute a charge upon the Obligor’s general credit or taxing powers; provided that nothing contained herein or in the Act impairs the rights of the Fiscal Agent to enforce the covenants made for the security of the Obligor as provided herein and in the Act. Any recourse for a cause of action under this Governmental Note or the Funding Loan Agreement shall be payable solely from the Pledged Security, and the agreement of the Obligor to perform or cause the performance of the covenants and other provisions herein referred to shall be subject at all times to the availability of revenues or other funds furnished for such purpose in accordance with the Project Loan Agreement, sufficient to pay all costs of such performance or the enforcement thereof.