This is my gripe thread dedicated to badly graded banknotes

How to grade this note?
It has sticky tape residue on the side, mould and water staining throughout (causing the noted 'Paper Pull'), and a section of the surface is worn away on the bottom under the E of Specimen, just above TEN
Does it warrant a '64 Net' Choice Uncirculated grade?
Perhaps I'm wrong, but I think not.
If grading and authentication is going to have a value in our hobby, it should be done accurately, imho.
I believe that terms encompassing "Uncirculated" should be reserved for banknotes that are undamaged and unaltered, exactly as issued—similar to its use in coin grading, as per the ANA guidelines.