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. <br /> , ' • � <br /> EXHIBIT B TO HOMEBUYER PROGRAM AGREEMENT <br /> PROMISSORY NOTE <br /> U.S. $ , <br /> FOR VALUE RECEIVED, the undersigned (individually and collectively, "Maker") <br /> covenants and promise(s) to pay to the order of City of Decatur, Illinois, an Illinois unit of local <br /> government("Payee"),the principal sum of Dollars ($ ). <br /> Absent the occurrence of a Recapture Events set forth in Paragraph 2 of that certain Recapture <br /> Agreement of even date herewith between Maker and Payee and incorporated herein by this <br /> reference("Recapture Agreement"),no principal payments shall be due or payable. <br /> If a Recapture Event occurs under the Recapture Agreement within the applicable <br /> Recapture Period(as defined in the Recapture Agreement), and Maker fails to make the repayment <br /> required pursuant to Paragraph 2 of the Recapture Agreement after notice from Payee as provided <br /> in Paragraph 3 of the Recapture Agreement, then the entire principal amount outstanding under the <br /> terms of the Recapture Agreement shall at once become due and payable at the option of the Payee <br /> upon notice to Maker. The Payee may exercise such option to accelerate, regardless of any priar <br /> forbearance. If suit is brought to collect the sums due under this Note, the Noteholder shall be <br /> entitled to collect all reasonable costs and expenses of suit, including, but not limited to,reasonable <br /> attorneys' fees. <br /> Presentment, notice of dishonor, and protest are hereby waived by all makers, sureties, <br /> guarantors and endorsers hereof. This Note shall be the joint and several obligation of all makers, <br /> sureties, guarantors and endorsers, and shall be binding upon them and their successors and <br /> assigns. <br /> Any notice to Maker provided for in this Note shall be given as set forth in the Recapture <br /> Agreement. <br /> If more than one person signs this Note as Maker, liability hereunder shall be joint and <br /> several. <br /> This Note is governed by the Recapture Agreement, and this Note evidences money <br /> borrowed by Maker for the acquisition of the property described in the Recapture Agreement. <br /> (Signature Page Follows) <br /> B-1 <br />