Common use of Payment Due on Sale Clause in Contracts

Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if the Borrower sells the Property, then all outstanding principal and accrued interest due under this AHIF Note, together with any other sums evidenced by this AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.

Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if the Borrower sells the PropertyProperty pursuant to a Bona Fide Offer, then all outstanding principal and accrued interest due under this AHIF Note, together with any other sums evidenced by this AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.

Payment Due on Sale. Notwithstanding any other provision to the contrary, contrary and subject to Section 5.03 of the Loan Agreement, if the Borrower sells the Property, then all outstanding principal and accrued interest due under this AHIF Note, together with any other sums evidenced by this AHIF Note or secured by the AHIF County Deed of Trust and/or any other AHIF County Loan Documents, as well as any future advances that may be made to the Borrower by the County, shall be immediately due and payable by the Borrower to the County.

Payment Due on Sale. Notwithstanding any other provision to the contrary, subject to Section Sections 5.03 of the Loan Agreementand 5.04 below, if the Borrower sells the Property, then all outstanding principal and accrued interest due under this on the AHIF NoteLoan, together with any other sums evidenced by this the AHIF Note or secured by the AHIF Deed of Trust and/or any other AHIF Loan Documents, as well as any future advances that may be made to the Borrower by the CountyCounty Board, shall be immediately due and payable by the Borrower to the CountyCounty Board.