Collection Practices; Escrow Deposits; Interest Rate Adjustments. With respect to each Loan at all times while a Seller or the related Trust has owned such Loan, the servicing practices used with respect to each Loan have been in all material respects legal, proper, and prudent. With respect to each Loan during the period prior to a Seller or the related Trust owning such Loan, to Sellers’ knowledge, the servicing practices used with respect to each Loan have been in all material respects legal, proper and prudent. To Sellers’ knowledge, the origination practices of the related originator of the Loan have been, in all material respects, legal and as of the date of its origination, such Loan complied in all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination of such Loan.
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Samples: Master Repurchase Agreement (Sutherland Asset Management Corp), Master Repurchase Agreement (Sutherland Asset Management Corp)
Collection Practices; Escrow Deposits; Interest Rate Adjustments. With respect to each Loan at all times while a Seller or the related Trust has owned such Loan, the servicing practices used with respect to each Loan have been in all material respects legal, proper, and prudent. With respect to each Loan during the period prior to a Seller or the related Trust owning such Loan, to Sellers’ knowledge, the servicing practices used with respect to each Loan have been in all material respects legal, proper and prudent. To Sellers’ knowledge, the origination practices of the related originator of the Loan have been, in all material respects, legal and as of the date of its origination, such Loan complied in all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination of such Loan. (gg) Reserved.
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Collection Practices; Escrow Deposits; Interest Rate Adjustments. With respect to each Loan at all times while a Seller or the related Trust has owned such Loan, the servicing practices used with respect to each Loan have been in all material respects legal, proper, and prudent. With respect to each Loan during the period prior to a Seller or the related Trust owning such Loan, to Sellers’ knowledge, the servicing practices used with respect to each Loan have been in all material respects legal, proper and prudent. To Sellers’ knowledge, the origination practices of the related originator of the Loan have been, in all material respects, legal and as of the date of its origination, such Loan complied in all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination of such Loan. (gg) Reserved.
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