Common use of Repayment of Principal and Interest Clause in Contracts

Repayment of Principal and Interest. Borrowers shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (commencing January 1, 2005) until February 1, 2006 (“Maturity Date”). A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1, 2006, unless such maturity date is accelerated in accordance with the terms hereof.

Repayment of Principal and Interest. Borrowers Borrower shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (commencing January 1, 20052008) until February 1, 2006 2010 (“Maturity Date”). A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1, 20062010, unless such maturity date is accelerated in accordance with the terms hereof.

Repayment of Principal and Interest. Borrowers Borrower shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (commencing January 1, 20052007) until February 1, 2006 2008 (“Maturity Date”). A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1, 20062008, unless such maturity date is accelerated in accordance with the terms hereof.

Repayment of Principal and Interest. Borrowers shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (commencing January October 1, 20052003) until February 1, 2006 2005 (“Maturity Date”). A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1, 20062005, unless such maturity date is accelerated in accordance with the terms hereof.

Repayment of Principal and Interest. Borrowers shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (commencing January June 1, 20052002) until February April 1, 2006 (“Maturity Date”)2004. A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1April 30, 20062004, unless such maturity date is accelerated in accordance with the terms hereof.

Repayment of Principal and Interest. Borrowers shall jointly and severally make equal consecutive monthly principal installments of $3,000.00, plus monthly payments of all accrued and unpaid interest. The monthly principal and interest payments shall be due on the first day of each month (month, commencing January 1, 2005) 2006 until February January 1, 2006 2007 (“Maturity Date”). A final payment of all outstanding principal and all accrued and unpaid interest shall be due and payable on February 1, 20062007, unless such maturity date is accelerated in accordance with the terms hereof.