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NORTH CAROLINA DURHAM COUNTY FORGIVABLE CONSTRUCTION/PERMANENT LOAN AGREEMENT THIS LOAN AGREEMENT is made and entered into this day of 2012 by and between Community Alternatives for Supportive Abodes,
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A forgivable constructionpermanent loan agreement is a type of loan agreement where a portion of the loan is forgiven under certain conditions.
The borrower and the lender are required to file the forgivable constructionpermanent loan agreement.
The forgivable constructionpermanent loan agreement must be filled out with all the necessary details of the loan, including the terms and conditions for forgiveness.
The purpose of a forgivable constructionpermanent loan agreement is to provide financial assistance for construction projects while incentivizing timely repayment.
The forgivable constructionpermanent loan agreement must include details such as the loan amount, interest rate, repayment schedule, and conditions for forgiveness.
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