Common use of Interest and Principal Payments Clause in Contracts

Interest and Principal Payments. Except earlier upon any acceleration of this Note: (a) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment as provided in Section 5(b) of the Loan Agreement; (b) in addition to the payments required by the provisions of clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender the applicable Partial Release Amount for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released; (c) in addition to the payments required by the provision of clauses (a) and (b) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid Debt; and (d) in addition to the payments required by the provisions of clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date, which is September 29, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this the Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment Payment, as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of the clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released;; and (ciii) in addition to the payments required by the provision provisions of the clauses (a) and (b) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, exceeding the amount of the unpaid Debt; and (div) in addition to the payments required by the provisions of the clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date, which is September 29, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of clause (ai) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released; (ciii) in addition to the payments required by the provision provisions of clauses (ai) and (bii) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid Debt; and (div) in addition to the payments required by the provisions of clauses (ai) through (ciii) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date, which is September 29, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this Note: (a) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment as provided in Section 5(b) of the Loan Agreement; (b) in addition to the payments required by the provisions of clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender the applicable Partial Release Amount for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released; (c) in addition to the payments required by the provision of clauses (a) and (b) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid Debt; andand Secured Promissory Note – Sxxxxxxx Xxxxxx 0X, Xxxx Xxxx Xxxxxx, Xxxxx 1 (d) in addition to the payments required by the provisions of clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date, which is September 2911, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this the Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment Payment, as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of the clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released; (ciii) in addition to the payments required by the provision provisions of the clauses (a) and (b) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount full amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid DebtEvent; and (div) in addition to the payments required by the provisions of the clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, Documents on or prior to the Maturity Date, which is September 29, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this the Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment Payment, as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of the clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount from such Disposition for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released;; and (ciii) in addition to the payments required by the provision provisions of clauses (ai) and (bii) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid Debt; and (div) in addition to the payments required by the provisions of the clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date. Loan Agreement – Sxxxxxxx Xxxxxx 0X, which is September 29Xxxx Xxxx Xxxxxx, 2018.Xxxxx 12

Interest and Principal Payments. Except earlier upon any acceleration of this the Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment Payment, as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of the clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount full amount of such proceeds from such Disposition for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released;; Loan Agreement – Fxxxxx Xxxxx 0X, 0X, 0X XX-0 , Xxxxxx County, Texas 13 (ciii) in addition to the payments required by the provision of the clauses (a) and (b) above, concurrently with the occurrence of any each Revenue Event, Borrower promises to pay to Lender Lender, the applicable Partial Release Amount full amount of the such proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid DebtEvent; and (div) in addition to the payments required by the provisions of the clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date, which is September 29, 2018.

Interest and Principal Payments. Except earlier upon any acceleration of this the Note: (ai) Borrower promises to pay to Lender monthly Accrued Interest Payments on the last day of each calendar month for interest accrued during such calendar month, unless Lender makes an Interest Reserve Accrual to defer such Accrued Interest Payment Payment, as provided in Section 5(b) of the Loan this Agreement; (bii) in addition to the payments required by the provisions of the clause (a) above, concurrently with each Disposition of the Mortgaged Property in whole or in part or any Lot thereof, Borrower promises to pay Lender Lender, the applicable Partial Release Amount full amount of such proceeds from such Disposition for the portion of the Mortgaged Property or Lot so released from Lender’s Lien, which is due and payable prior to Lender providing to Borrower (or releasing from escrow with the Title Company) its partial release of Lien on such portion of the Mortgaged Property or Lot so released; (c) in addition to the payments required by the provision of clauses (a) and (b) above, concurrently with the occurrence of any Revenue Event, Borrower promises to pay to Lender the applicable Partial Release Amount of the proceeds from or relating to such Revenue Event up to, but not exceeding, the amount of the unpaid Debt; and (diii) in addition to the payments required by the provisions of the clauses (a) through (c) above, inclusive, Borrower promises to pay to Lender the outstanding principal balance of this the Note, together with all accrued, unpaid interest thereon, unpaid Loan Expenses and other unpaid amounts due under the Loan Documents, on or prior to the Maturity Date. Loan AgreementFrisco 113, which is September 29Collin County, 2018.Texas 12