CONDITIONS OF PROMISSORY NOTE. PARAGRAPH 1. PROMISE TO PAY: The Loan Applicant (“Recipient”) whose signature appears herein agrees to pay to the Lender the Principal Amount as shown above in Section C. Recipient also agrees to pay Interest on the outstanding balance at the Annual Interest Rate of Five Percent (5%) from the date the Interest Charge begins until Lender is paid in full.
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CONDITIONS OF PROMISSORY NOTE. PARAGRAPH 1. PROMISE TO PAY: The Loan Applicant (“Recipient”) whose signature appears herein agrees to pay to the Lender the Principal Amount as shown above in Section C. Recipient also agrees to pay Interest on the outstanding balance at the Annual Interest Rate of Five Percent (5%) from the date the Interest Charge begins until Lender ▇▇▇▇▇▇ is paid in full.
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