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V <br />the said prime rate is no longer available), or at the highest interest rate permitted by <br />law, whichever is less (the "D efault Rate"). If payable in advance, such installments shall <br />be based on the Administrator ’s reasonable estimate of Easement Parcel Costs made and <br />given to each Owner of a Benefitted Parcel at the beginning of each calendar year or as <br />soon thereafter as is reasonably possible. Within sixty (60) days after the end of each <br />calendar year, or as soon thereafter as is reasonably possible, the Administrator shall <br />furnish an itemized statement of aaual Easement Parcel Costs and each Benefitted <br />Parcel Oder's Cost Share thereof. The statement shall be certified to by the <br />Administrator. If, at the end of any calendar year, the amount paid by thie Owner of a <br />Benefitted Parcel during the preceding calendar year is less than such Owner’s Cost <br />Share, as shown on the statement, such Owner shall pay such deficiency within ten (10) <br />da)^ of notice thereof. In the event such Owner has paid more than its Cost Share, as <br />shown on the statement, such overpayment shall be credited against the next payment <br />due the Adnunistrator hereunder. The Administrator may, in its discretion, and at any <br />time or times, change its billing procedure or change its estimate of Easement Parcel <br />Costs to reflect changes in the cost of items constituting Easement Parcel Costs. <br />Liability Insurance: Waiver s of Qaims . The Administrator shall cany, or <br />shall cause to be carried, for the benefit of itself and the Owners of the Benefitted <br />Parcels, comprehensive general liability insurance relating to the operation, maintenance. <br />repair and improvement of the Easement Parcel in such amount or amounts as are from <br />•i <br />% <br />j <br />I 1 <br />*rT — —>-n j