Common use of Payments of Principal and Interest Clause in Contracts

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Xxxxxxx Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1[_______], 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note the Funding Loan which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 [_______] (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Funding Loan Amortization Schedule provided by the Freddie Xxxxxxx Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Xxxxxxx Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor For each Term Loan, Borrower shall pay to the Agent, for the ratable benefit of the Lenders, (but solely from i) six (6) consecutive payments of interest only (payable in arrears) at the sources and rate of interest determined in the manner provided for in the Funding Loan Agreementaccordance with Section 2.3(a) on the first calendar day of each calendar month (a “Scheduled Payment Date”) commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate first day of the second calendar month occurring after the month during the Construction Phase, which such Term Loan was made and (ii) thirty-six (36) equal consecutive [*] Certain information in this document has been omitted and filed separately with the Permanent Phase Interest Rate Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions payments of principal and interest (payable in arrears) at the rate of interest determined in accordance with Section 2.3(a) (a “Scheduled Payment”) on each Scheduled Payment Date commencing on the first day of the eighth calendar month occurring after the month during which such Term Loan was made. The amount of each such payment of principal and interest shall be calculated by the Permanent Phase, Agent and shall also pay be sufficient to fully amortize the principal and interest on this Note at due with respect to the foregoing rates applicable Term Loan over such repayment period. Notwithstanding the foregoing, all unpaid principal and accrued interest with respect to a Term Loan is due and payable in full to Agent, for the ratable benefit of Lenders, on the earlier of (A) the first day of the forty-third (43rd) month following the date of any optional such Term Loan was made or mandatory prepayment or (B) the date that such Term Loan otherwise becomes due and payable hereunder, whether by acceleration of all or part of the Funding Loan Obligations pursuant to Section 8.2 or otherwise (the Funding earlier of (A) or (B), the “Applicable Term Loan AgreementMaturity Date”). Each Scheduled Payment, in an amount equal when paid, shall be applied first to the payment of accrued and unpaid interest on the applicable Term Loan and then to unpaid principal balance of such Term Loan. Without limiting the foregoing, all Obligations shall be due and payable on the Applicable Term Loan Maturity Date for the last Term Loan made. Notwithstanding any provision in this Agreement to the date of prepayment on the portion of this Note subject contrary, all unpaid principal and accrued interest with respect to prepayment (each such date for payment an “Interest Payment Date”). Interest Term Loan and all other Obligations hereunder shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement become due and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note payable in full on 1the earlier to occur of (such earlier date, 20 (the “Final Maturity Date”): (1) and in monthly installments the Applicable Term Loan Maturity Date for the last Term Loan made hereunder or (2) the date that is 91 days before the first date on each date which any holders of the Series E preferred stock proposed to be issued by Borrower pursuant to Section 7.2(g) shall have any contractual right or rights set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal Borrower’s organizational documents to the corresponding amounts set forth thereon (as redeem or demand repurchase of such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreementpreferred stock.

Payments of Principal and Interest. The Obligor Borrower shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day Business Day of each month commencing October December 1, 2018 2009, interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest on the Bonds during the prior month, and shall also pay in the event of an optional or mandatory prepayment of this Note with respect to a corresponding optional or mandatory redemption or purchase or acceleration of all or part of the Bonds, interest on this Note in an amount equal to the accrued and unpaid interest on such Bonds to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding redemption, purchase or acceleration, as reflected on the Record of Advancesapplicable. The Obligor Borrower shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment of this Note with respect to a corresponding optional or mandatory redemption or purchase or acceleration of all or part of the Funding Loan pursuant Bonds, to pay the principal that equals the principal due with respect to the Funding Loan AgreementBonds at such times. The Borrower’s repayment obligations under the Financing Agreement and this Note shall be reduced from time to time by and to the extent of any amounts drawn under the Credit Facility (as defined in the Indenture) and applied to the payment of debt service on the Bonds, provided that such reductions shall be credited only at the times and to the extent the Borrower has reimbursed the Credit Facility Provider (as defined in the Indenture) fully for such amounts. The outstanding principal hereof is subject to acceleration at the same time or times and under the same terms and conditions, and with the same notice, if any, as provided under the Funding Indenture for the acceleration of payment of the Bonds. Notwithstanding anything to the contrary contained herein or the Financing Agreement, the payments in respect of the Bond Mortgage Loan Agreementevidenced hereby shall be sufficient to pay, when due (whether at stated maturity, upon redemption before maturity, upon acceleration of stated maturity, upon tender and purchase or otherwise), the principal of and premium, if any, and interest on the Bonds at any time outstanding.

Payments of Principal and Interest. The Obligor (i) For the Initial Term Loan, Borrower shall pay to the Agent, for the ratable benefit of the Lenders, (but solely from i) nine (9) consecutive payments of interest only (payable in arrears) at the sources and rate of interest determined in the manner provided for in the Funding Loan Agreementaccordance with Section 2.3(a) on the first calendar day of each calendar month (a “Scheduled Payment Date”) commencing October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate first day of the second calendar month occurring after the month during the Construction Phase, which such Initial Term Loan was made and (ii) thirty (30) equal consecutive payments of principal and interest (payable in arrears) at the Permanent Phase Interest Rate rate of interest determined in accordance with Section 2.3(a) (an “Initial Loan Scheduled Payment”) on each Scheduled Payment Date commencing on the first day of the eleventh calendar month occurring after the month during which such initial Term Loan was made. The amount of each such payment of principal and interest in respect of the Permanent Phase, Initial Term Loan shall be calculated by the Agent and shall also pay be sufficient to fully amortize the principal and interest on this Note at due with respect to the foregoing rates Initial Term Loan over such repayment period. Notwithstanding the foregoing, all unpaid principal and accrued interest with respect to the Initial Term Loan is due and payable in full to Agent, for the ratable benefit of Lenders, on the earlier of (A) the first day of the fortieth month following the date of any optional such Initial Term Loan was made or mandatory prepayment or (B) the date that the Initial Term Loan otherwise becomes due and payable hereunder, whether by acceleration of all or part of the Funding Loan Obligations pursuant to Section 8.2 or otherwise (the Funding earlier of (A) or (B), the “Initial Term Loan AgreementMaturity Date”). Each Initial Loan Scheduled Payment, in an amount equal when paid, shall be applied first to the payment of accrued and unpaid interest to the date of prepayment on the portion Initial Term Loan and then to unpaid principal balance of this Note subject to prepayment (each such date for payment an “Interest Payment Date”the Initial Term Loan. Without limiting the foregoing or the provisions of Section 2.3(b)(ii). Interest , all outstanding Obligations in respect of the Initial Term Loan shall accrue be due and payable on the principal amount of this Note which has been advanced under the Funding Initial Term Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1August, 2018 2019, interest on this Note at the rate of % per annum (ior such higher rate of interest borne by the Funding Loan upon any default) (the Construction Phase “Interest Rate during Rate”) on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Note, and shall also pay interest on this Note at the foregoing rates Interest Rate on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest on this Note shall accrue be computed on the principal amount basis of this Note which has been advanced under a 360-day year and the Funding Loan Agreement and is outstanding as reflected on the Record actual number of Advancesdays elapsed. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on July 1, 20 2035 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1FirstInterestMonth, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note the Funding Loan which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 MaturityDate (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may shall be replaced by a new Governmental Note Amortization Schedule amortization schedule provided by the Freddie Mac Seller/Servicer on Xxxxxxx Xxx Xxxxxx in the event the Borrower makes a Pre-Conversion Date as provided in Section 2.01(e) of the Funding Loan AgreementEqualization Payment at Conversion) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1[_______], 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note the Funding Loan which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 [_______] (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Funding Loan Amortization Schedule provided by the Freddie Mac SellerXxxxxxx Xxx Xxxxxx/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1, 2018 2024, interest on this Governmental Note at the rate of % per annum (ior such higher rate of interest borne by the Funding Loan upon any default) (the Construction Phase “Interest Rate during Rate”) on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Governmental Note, and shall also pay interest on this Governmental Note at the foregoing rates Interest Rate on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Governmental Note subject to prepayment (each such date for payment an “Interest Payment Date”)prepayment. Interest on this Governmental Note shall accrue be computed on the principal amount basis of this Note which has been advanced under a 360-day year and the Funding Loan Agreement and is outstanding as reflected on the Record actual number of Advancesdays elapsed. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Governmental Note in full on 1, 20 202_ (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October July 1, 2018 2020, interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent PhaseRate, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note the Funding Loan which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. Interest on this Note shall be computed on the basis of a [360-day year consisting of twelve 30-day months] and shall accrue from the date of delivery to the Funding Lender. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments [on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto hereto] in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1[FIRST DAY OF THE FIRST MONTH FOLLOWING CLOSING], 2018 interest on this Governmental Note at the rate of [_____]% per annum (ior such higher rate of interest borne by the Funding Loan upon any default) (the Construction Phase “Interest Rate during Rate”) on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Governmental Note, and shall also pay interest on this Governmental Note at the foregoing rates Interest Rate on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Governmental Note subject to prepayment (each such date for payment an “Interest Payment Date”)prepayment. Interest on this Governmental Note shall accrue be computed on the principal amount basis of this Note which has been advanced under a 360-day year [consisting of twelve 30-day months][and the Funding Loan Agreement and is outstanding as reflected on the Record actual number of Advancesdays elapsed]. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Governmental Note in full on 1, 20 [SCHEDULED MATURITY DATE] (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor Borrower shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1on the First Project Loan Payment Date, 2018 interest on this Note at (i) the Construction Phase Interest Rate during on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Project Note, and shall also pay interest on this Project Note at the foregoing rates on Interest Rate in the date event of any an optional or mandatory prepayment or acceleration of all or a part of the Funding Project Loan pursuant to this Project Note or the Funding Project Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Project Note subject to prepayment (each such date for payment an a “Interest Project Loan Payment Date”). Interest shall accrue under this Project Note will be computed, payable and allocated on the principal amount basis of this Note which has been advanced under a 365 or 366-day year for the Funding Loan Agreement and is outstanding as reflected on the Record actual number of Advancesdays elapsed. The Obligor Borrower shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Project Note in full on 1, 20 (the “Scheduled Maturity Date”) Date and in monthly installments on each date set forth on the Governmental Note Project Loan Amortization Schedule attached as Schedule 1 hereto to this Project Note in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, required in the event of an optional or mandatory prepayment or acceleration of the Funding Project Loan pursuant to this Project Note or the Funding Project Loan Agreement. The outstanding principal hereof is subject In addition to acceleration the foregoing, Borrower shall make payments hereunder in respect of the Project Loan at the time or such times and under in such amounts as are sufficient to pay, when due (whether at stated maturity, upon prepayment before maturity, upon acceleration of stated maturity or otherwise), the terms principal of and conditions, and with noticepremium, if any, as provided under and interest on the Funding Loan Agreement.at any time outstanding. To ensure timely payment, Servicer shall collect from Borrower, and Borrower shall provide to Servicer, the foregoing payments two (2) Business Days prior to the respective Project Loan Payment Date; provided, unless the Closing Date is the first day of a calendar month, Servicer shall collect from Borrower and Borrower shall provide to Servicer on the Closing Date, interest for the period beginning on the Closing Date and ending on and including the last day of such calendar month. Except as provided in this paragraph and in Section 10, accrued interest will be payable in arrears. Any regularly scheduled monthly installment of principal and interest payable pursuant to this Section 2 that is received by Holder before the date on which it is due will be deemed to have been received on the due date for the purpose of calculating interest due. [IF LIBOR INDEX: If an Index Conversion Event occurs:

Payments of Principal and Interest. The Obligor All payments under this Note shall pay (but solely from be due on, and shall be made on dates, in amounts, at times and in a manner which corresponds with the sources Issuer’s obligation to make or provide for payments under the Bonds, and to that end, the Borrower agrees to make payments under this Note at all times in amounts sufficient to enable the Trustee, on behalf of the Issuer, to make timely payment, when due, of the principal of, premium, if any, on, and interest on, the Bonds, whether at maturity, by acceleration, on redemption or otherwise, all as provided in the Bonds and in the manner provided for in the Funding Loan Agreement) Indenture. All remaining unpaid principal and interest and other amounts due under this Note shall be due and payable on the first calendar day of each month commencing [October 1, 2018 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 2028] (the “Maturity Date”). The Borrower’s repayment obligations under the Financing Agreement and this Note shall be reduced from time to time by and to the extent of any amounts drawn under the Credit Facility (as defined in the Indenture) and in monthly installments on each date set forth applied to the payment of debt service on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal Bonds, provided that such reductions shall be credited only at the times and to the corresponding amounts set forth thereon extent the Borrower has reimbursed the Credit Facility Provider (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, defined in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan AgreementIndenture) fully for such amounts. The outstanding principal hereof is subject to acceleration at the same time or times and under the same terms and conditions, and with the same notice, if any, as provided under the Funding Indenture for the acceleration of payment of the Bonds. Notwithstanding anything to the contrary contained herein or the Financing Agreement, the payments in respect of the Bond Mortgage Loan Agreementevidenced hereby shall be sufficient to pay, when due (whether at stated maturity, upon redemption before maturity, upon acceleration of stated maturity or otherwise), the principal of and premium, if any, and interest on the Bonds at any time outstanding.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1May 5, 2018 2018, interest as it accrues on this Note at the rates set forth above (ior such higher rate of interest borne by the Funding Loan upon any default) (the Construction Phase “Interest Rate during Rate”) on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Note, and shall also pay interest on this Note at the foregoing rates applicable interest rate set forth above, on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest If the date for payment of principal of, premium, if any, or interest on this Note shall accrue be a day which is not a Business Day, then the date for such payment shall be the next succeeding day which is a Business Day, and payment on such later date shall have the same force an effect as if made on the principal amount nominal date of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advancespayment. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on 1, 20 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October February 1, 2018 2022 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Series 2021 Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note the Funding Loan in full on July 1, 20 2039 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac SellerXxxxxxx Xxx Xxxxxx/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October [_____] 1, 2018 2022 interest on this Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Series 2022 Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Series 2021 Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note the Funding Loan in full on July 1, 20 2039 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac SellerXxxxxxx Xxx Xxxxxx/Servicer on the Conversion Date as provided in Section 2.01(e2.01A(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Series 2022 Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor Borrower shall pay (but solely to Lender a payment of $56,350 on the date hereof, representing interest from the sources date of funding through September 5, 2004. On October 6, 2004 and on each Payment Date (as defined herein) thereafter through and including August 6, 2006, Xxxxxxxx shall pay to Lender interest on the unpaid Principal at the Interest Rate which has accrued from the first day through the last day of the calendar month immediately preceding such Payment Date. The Principal and the interest thereon at the Interest Rate shall be due and payable by Borrower to Lender in consecutive monthly installments, each in the manner provided for in amount of $86,443.19 (the Funding Loan Agreement"MONTHLY DEBT SERVICE PAYMENT AMOUNT") beginning on September 6, 2006 (herein "AMORTIZATION COMMENCEMENT DATE") and on each Payment Date thereafter until the entire indebtedness evidenced hereby is fully paid, except that any remaining indebtedness, if not sooner paid, shall be due and payable on September 6, 2014 (the "MATURITY DATE"). Interest on the first calendar principal sum of this Note shall be calculated on the basis of a 360 day year, and shall be charged based on the actual number of days during each month commencing October 1, 2018 interest or other applicable accrual period. Interest on this Note shall be paid in arrears. The undersigned shall pay the holder hereof, in advance, on the date hereof, interest only on the outstanding principal balance of this Note, at (i) the Construction Phase Interest Rate interest rate first mentioned above, from the date hereof through and including the last day of the calendar month in which this Note is executed. The Monthly Debt Service Payment Amount due on any Payment Date shall first be applied to the payment of interest accrued during the Construction Phasepreceding accrual period and the remainder of such Monthly Debt Service Payment Amount shall be applied to the reduction of the unpaid Principal. All accrued and unpaid interest shall be due and payable on the Maturity Date. If the Loan is repaid on any date other than on a Payment Date (whether prior to or after the Maturity Date), and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and Borrower shall also pay interest that would have accrued on this Note at such repaid Principal to but not including the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest next Payment Date”). Interest Borrower shall accrue on repay the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the entire outstanding principal balance of this Note in full on 1, 20 (the “Maturity Date”, together with interest thereon to (but excluding) the date of repayment and in monthly installments on each date set forth on any other amounts due and owing under the Governmental Note Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon Loan Documents (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreementdefined herein).

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1[FIRST DAY OF THE FIRST MONTH FOLLOWING CLOSING], 2018 interest on this Governmental Note at (i) the Construction Phase Interest Rate during the Construction Phase, Phase and (ii) the Permanent Phase Interest Rate during the Permanent Phase, and shall also pay interest on this Governmental Note at the foregoing rates on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Governmental Note subject to prepayment (each such date for payment an “Interest Payment Date”)prepayment. Interest shall accrue on the principal amount of this Note the Funding Loan which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Governmental Note in full on 1, 20 [SCHEDULED MATURITY DATE] (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Funding Loan Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) ), or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.

Payments of Principal and Interest. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month commencing October 1the first calendar day of the calendar month following the calendar month in which the date of this Note occurs, 2018 interest on this Note at the rate of 4.61% per annum (ior such higher rate of interest borne by the Funding Loan upon any default) (the Construction Phase “Interest Rate during Rate”) on the Construction Phase, and (ii) the Permanent Phase Interest Rate during the Permanent Phaseoutstanding principal balance of this Note, and shall also pay interest on this Note at the foregoing rates Interest Rate on the date of any optional or mandatory prepayment or acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to prepayment (each such date for payment an “Interest Payment Date”). Interest shall accrue on the principal amount of this Note which has been advanced under the Funding Loan Agreement and is outstanding as reflected on the Record of Advances. The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Note in full on February 1, 20 2033 (the “Maturity Date”) and in monthly installments on each date set forth on the Governmental Note Funding Loan Amortization Schedule attached as Schedule 1 hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1 may be replaced by a new Governmental Note Amortization Schedule provided by the Freddie Mac Seller/Servicer on the Conversion Date as provided in Section 2.01(e) of the Funding Loan Agreement) thereon, or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.