Regular Payments. Commencing August 1, 2012 and on the 1st day of each month thereafter, Borrower will make equal monthly payments in an amount sufficient to fully amortize principal and interest over the remaining term of the Mortgage Note at the Interest Rate. The payment amount will be adjusted each time the Interest Rate is adjusted to reflect the change in the Interest Rate.
Appears in 2 contracts
Sources: Mortgage Loan Agreement (Sunlink Health Systems Inc), Mortgage Loan Agreement (Sunlink Health Systems Inc)