Common use of Borrower's Obligation Clause in Contracts

Borrower's Obligation. This Note evidences Borrower's obligation to repay Holder the principal amount of Dollars ($ ) with interest for the funds loaned to Borrower by Holder pursuant to the Loan Agreement.

Borrower's Obligation. This Note evidences Borrower's obligation to repay Holder the principal amount of Dollars ($ 000) with interest for the funds loaned to Borrower by Holder to finance the rehabilitation of the Property pursuant to the CDBG Loan Agreement between Borrower and Holder of even date herewith (the "Loan Agreement").