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12. No prepayment which does not result in the entire Principal Balance and interest thereon and any applicable prepayment premium being paid in full shall reduce the amount of the monthly payments due hereunder pursuant to paragraph 2 hereof, which payments shall continue until the entire Principal Balance and accrued interest thereon has been paid. Notice of prepayment of this Note in whole or in part shall be given in accordance wtih the terms of the Loan Agreement. 13. As provided in the Resolution and subject to certain limitations set forth therein, this Note is transferable upon the books of the City at the office of the City Clerk, by the holder hereof in person or by his attorney duly authorized in writing, at the holder's expense, upon surrender hereof together with a written instrument of transfer satisfactory to the City Clerk, duly executed by the holder or his duly authorized attorney. Upon such transfer the City Clerk will note the date of registration and name and address of the new registered holder in the registration blank appearing below. Alternatively, the City will at the request of the holder and at the holder's expense issue new notes in aggregate principal amount equal to the unpaid Principal Balance of this Note, and of like tenor except as to number, principal amount, and the amount of the monthly installments payable thereunder, and registered in the name of the holder or such transferee as may be designated by the holder. The City may deem and treat the person in whose name the Note is last registered upon the books of the City, with such registration noted on the Note, as the absolute owner hereof, whether or not overdue, for the purpose of receiving payment of or on account of the Principal Balance, redemption price or interest and for all other purposes, and all such payments so made to the holder or upon his order shall be valid and effectual to satisfy and discharge the liability upon the Note to the extent of the sum or sums so paid, and the City shall not be affected by any notice to the contrary. 14. All of the agreements, conditions, covenants, provisions and stipulations contained in the Resolution, the Assignment, the Mortgage, the Loan Agreement, the Disbursing Agreement, the Company Security Agreement, the Sylvan Security Agreement and the Assignment of Rents are hereby made a part of this Note to the same extent and with the same force and effect as if they were fully set forth herein. 15. This Note and interest thereon and any penalty or premium due hereunder do not constitute a debt of the City within the meaning of any constitutional or statutory limitation, are not payable from or a charge upon any funds 10