Common use of Borrower's Obligation Clause in Contracts

Borrower's Obligation. This Note evidences Borrower's obligation to repay Holder the principal amount of Two Million Dollars ($2,000,000) with interest for the funds loaned to Borrower by Holder to finance the construction of the Development pursuant to the CDBG Loan Agreement between Borrower and Holder of even date herewith (the "Loan Agreement").

Borrower's Obligation. This Note evidences Borrower▇▇▇▇▇▇▇▇'s obligation to repay Holder the principal amount of Two Million Dollars ($2,000,000) with interest for the funds loaned to Borrower by Holder to finance the construction of the Development pursuant to the CDBG HOME and HOPWA Loan Agreement between Borrower and Holder of even date herewith (the "Loan Agreement").