It looks like you are missing the login.keychain name. Either this, or you somehow disabled it by default. Look at your list of keychains in Keychain Access (View-> Show Keychains). Do you have a login? And is it bold? If any of these answers were no, then this is your problem. If you do not have a keychain for logging in, continue and create it (File-> New Keychain). If you don’t have a selected bold font, right-click your “login” in the key chain and the “Make Keychain” menu item should appear for the “Default” entry.
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