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00 whichever is the lesser. of fifteen dollars 15. 00. A default charge may be imposed only one time for each default. b If a default charge is deducted from a payment made on the contract and such the deduction results in a subsequent default on a subsequent payment no default charge may be imposed for such the default. c payment no default charge shall be imposed with respect to any future payments which would not have been in default except for the previous default. d A default charge for...
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