Limited Recourse Promissory Note Sample Contracts

LIMITED RECOURSE PROMISSORY NOTE
Limited Recourse Promissory Note • October 11th, 2017

This Limited Recourse Promissory Note (the "Note") is entered into as ofthe_ day ofFebruary, 2020, between the MOSCOW URBAN RENEWAL AGENCY, a public body, corporate and politic, organized and existing under the Idaho Urban Renewal Law of1965, Chapter 20, Title 50, Idaho Code, as amended (the "Law") and the Local Economic Development Act, Chapter 29, Title 50, Idaho Code, as amended (the "Act") ("Borrower"), and Campus Moscow Property Owner LLC ("Lender").

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