Common use of Payment Before Maturity Date Clause in Contracts

Payment Before Maturity Date. On the Closing Date, Borrower ---------------------------- shall make a payment of interest only for the period from the Closing Date through and including the date immediately prior to the Monthly Payment Date occurring in December, 1998. If the Closing Date shall occur within the last ten (10) Business Days of November, Borrower shall pay to Lender, in addition to the amount set forth in the preceding sentence, in advance on the Closing Date, the amount of Debt Service scheduled to be payable to Lender on the Monthly Payment Date occurring in January, 1999. Borrower shall make a payment to Lender of interest only, in arrears, on the Monthly Payment Date occurring in January, 1999, and on each Monthly Payment Date thereafter to and including the Monthly Payment Date occurring in December, 2000. Borrower shall make a payment to Lender of principal and interest, in arrears, in the amount of Two Hundred Seventy-Six Thousand Four Hundred Six and No/100 Dollars ($276,406) on the Monthly Payment Date occurring in January, 2001 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Payment Before Maturity Date. On the Closing Date, Borrower ---------------------------- shall make a payment of interest only for the period from the Closing Date through and including the date immediately prior to the Monthly Payment Date occurring in December, 1998. If the Closing Date shall occur within the last ten (10) Business Days of November, Borrower shall pay to Lender, in addition to the amount set forth in the preceding sentence, in advance on the Closing Date, the amount of Debt Service scheduled to be payable to Lender on the Monthly Payment Date occurring in January, 1999. Borrower shall make a payment to Lender of interest only, in arrears, on the Monthly Payment Date occurring in January, 1999, and on each Monthly Payment Date thereafter to and including the Monthly Payment Date occurring in December, 2000. Borrower shall make a payment to Lender of principal and interest, in arrears, in the amount of Two Hundred SeventySixty-Six Five Thousand Four Seven Hundred Six Fifty-Five and No/100 Dollars ($276,406265,755) on the Monthly Payment Date occurring in January, 2001 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Payment Before Maturity Date. On the Closing Date, Borrower ---------------------------- shall make a payment of interest only for the period from the Closing Date through and including the date immediately prior to the Monthly Payment Date occurring in December, 1998. If the Closing Date shall occur within the last ten (10) Business Days of November, Borrower shall pay to Lender, in addition to the amount set forth in the preceding sentence, in advance on the Closing Date, the amount of Debt Service scheduled to be payable to Lender on the Monthly Payment Date occurring in January, 1999. Borrower shall make a payment to Lender of interest only, in arrears, on the Monthly Payment Date occurring in January, 1999, and on each Monthly Payment Date thereafter to and including the Monthly Payment Date occurring in December, 2000. Borrower shall make a payment to Lender of principal and interest, in arrears, in the amount of Two Hundred SeventyEighty-Six Five Thousand Four Hundred Six Seven and No/100 Dollars ($276,406285,407) on the Monthly Payment Date occurring in January, 2001 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Payment Before Maturity Date. On the Closing Date, Borrower ---------------------------- shall make a payment of interest only for the period from the Closing Date through and including the date immediately prior to the Monthly Payment Date occurring in December, 1998. If the Closing Date shall occur within the last ten (10) Business Days of November, Borrower shall pay to Lender, in addition to the amount set forth in the preceding sentence, in advance on the Closing Date, the amount of Debt Service scheduled to be payable to Lender on the Monthly Payment Date occurring in January, 1999. Borrower shall make a payment to Lender of interest only, in arrears, on the Monthly Payment Date occurring in January, 1999, and on each Monthly Payment Date thereafter to and including the Monthly Payment Date occurring in December, February 2000. Borrower shall make a payment to Lender of principal and interest, in arrears, in the amount of Two Three Hundred SeventyThirty-Six Five Thousand Four Eight Hundred Six Twenty-Eight and No/100 64/100 Dollars ($276,406335,828.64) on the Monthly Payment Date occurring in JanuaryMarch, 2001 2000 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Payment Before Maturity Date. On the Closing Date, Borrower ---------------------------- shall make a payment of interest only for the period from the Closing Date through and including the date immediately prior to the Monthly Payment Date occurring in December, 1998. If the Closing Date shall occur within the last ten (10) Business Days of November, Borrower shall pay to Lender, in addition to the amount set forth in the preceding sentence, in advance on the Closing Date, the amount of Debt Service scheduled to be payable to Lender on the Monthly Payment Date occurring in January, 1999. Borrower shall make a payment to Lender of interest only, in arrears, on the Monthly Payment Date occurring in January, 1999, and on each Monthly Payment Date thereafter to and including the Monthly Payment Date occurring in December, 2000. Borrower shall make a payment to Lender of principal and interest, in arrears, in the amount of Two Hundred SeventyNinety-Six Seven Thousand Four Five Hundred Six Fifty-Eight and No/100 Dollars ($276,406297,558) on the Monthly Payment Date occurring in January, 2001 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.