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SAMPLE HOMEOWNERSHIP ASSISTANCE ACTIVITY FORGIVABLE LOAN PROMISSORY NOTE PURCHASE MONEY MORTGAGE Borrower: Name of Borrowers Lender: Name of IFA recipient For the value received, I/We ( Borrower ) jointly and severally promise to pay to name of recipient ( Lender ), its successors or assigns, the sum of (A) amount of ( Original Loan Amount ) or (B) the amount as determined under the Terms and Conditions provisions set forth below..