Common use of Loan Balance Clause in Contracts

Loan Balance. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of January 4, 2000, the outstanding principal balance of the Note is Six Million Three Hundred Sixty-Five Thousand Seven Hundred Forty-Two and 30/100 Dollars ($6,365,742.30).

Loan Balance. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of January 4May 31, 20001999, the outstanding principal balance of the Note is Six Million Three Hundred SixtyEighty-Five Six Thousand Seven Two Hundred FortyEighty-Two Eight and 30/100 93/100 Dollars ($6,365,742.306,386,288.93).

Loan Balance. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of January 4September 23, 20002004, the outstanding principal balance of the Note is Six Million Three Hundred Sixty-Five Thousand Seven One Hundred Forty-Two One Thousand Nine Hundred Ninety-One and 30/100 No/100 Dollars ($6,365,742.30141,991.00).

Loan Balance. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of January 4September 30, 20001999, the outstanding principal balance of the Note is Six Million Three Four Hundred SixtyEighty-Five Six Thousand Seven Two Hundred FortyEighty-Two Eight and 30/100 93/100 Dollars ($6,365,742.306,486,288.93).

Loan Balance. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of January 4December 31, 20001998, the outstanding principal balance of the Note is Six Million Three Six Hundred SixtySeventy-Five Six Thousand Seven Two Hundred FortyEighty-Two Eight and 30/100 93/100 Dollars ($6,365,742.306,676,288.93).