Loan Forgiveness. [So long as I am not in default, the outstanding principal balance of this Note will be reduced each [month] [year] on the anniversary date of this Note by an amount equal to [insert percentage] of the original Principal amount.] [OR] [If I am not in default, the outstanding principal balance of this Note will be forgiven on the Maturity Date.]
Appears in 5 contracts
Samples: sf.freddiemac.com, sf.freddiemac.com, sf.freddiemac.com
Loan Forgiveness. [So long as I am not in default, the outstanding principal balance of this Note will be reduced each [month] [year] year on the anniversary date of this Note by an amount equal to [insert percentage] 10% (Ten Percent) of the original Principal amount.] [OR] [If I am not in default, the outstanding principal balance of this Note will be forgiven on the Maturity Date.]
Appears in 1 contract
Samples: lender.ihfa.org
Loan Forgiveness. [So long as I am not in default, the outstanding principal balance of this Note will be reduced each [month] [year] year on the anniversary date of this Note by an amount equal to [insert percentage] twenty percent (20%) of the original Principal amount.] [OR] [If I am not in default, the outstanding principal balance of this Note will be forgiven on the Maturity Date.]
Appears in 1 contract
Samples: www.calhfa.ca.gov
