CONVENTIONAL LOANS. A. Individual loan PMI certificates will be retained in the Servicing File
B. Company to prepare notifications to the PMI companies requesting a change of servicer to Special Servicer. Copies will be forwarded to Special Servicer.
C. Company to provide screen prints of all loans with PMI to include:
1. Loan number 2. PMI company 3. PMI certificate number 4. Next due date 5. Last amount paid VII. REAL ESTATE TAXES
A. Company to forward individual loan tax records showing payee, due dates, frequency of payment, next due date, last paid date and last paid amount. B Company to provide copies of the notifications to the individual tax authorities and the Tax Service requests for a change of servicer to Special Servicer under the following contract numbers (Transamerica- 2489 Pinnacle - 119)
CONVENTIONAL LOANS. Individual mortgage loan MI certificates are to be maintained in the custodial file held by the applicable Custodian. To the extent a copy of such MI certificate is maintained as part of the Servicing File, it will be provided.
CONVENTIONAL LOANS. A. Individual loan PMI certificates will be retained in the Servicing File
B. Company to prepare notifications to the PMI companies requesting a change of servicer to Special Servicer. Copies will be forwarded to Special Servicer.
C. Company to provide screen prints of all loans with PMI to include:
1. Loan number
2. PMI company
3. PMI certificate number 4. Next due date 5. Last amount paid
CONVENTIONAL LOANS. A. Individual mortgage loan MI certificates are to be maintained in the custodial file held by the applicable Custodian. To the extent a copy of such MI certificate is maintained as part of the Servicing File, it will be provided.
B. Provide copies of the notification to the PMI companies requesting a change of servicer to LLS. No MI coverage is to be cancelled by the Prior Servicer.
C. Listing of all loans with PMI to include:
1. Loan number
2. PMI company
3. PMI certificate number
4. Next due date
5. Last amount paid
6. Indicate lender or borrower paid (a separate data file or report may be provided for loans with lender paid premiums.
7. Percentage of Coverage
D. Homeowner Protection Act of 1998.
1. Loans originated after July 29, 1999: Provide copies of original disclosure notice produced at origination of loan. *
2. Loans originated prior to July 29, 1999: Provide the annual disclosure notices supplied to borrowers.* * These are to be provided to the extent available in the Servicing File.
E. Listing of loans that have Pool Insurance. If loan has Pool Insurance supply name, address and phone number of mortgage insurance company.
F. Listing of loans that have Pool Insurance and private mortgage insurance.
CONVENTIONAL LOANS. A. Individual loan PMI certificates will be retained in the Servicing File
B. Company to prepare notifications to the PMI companies requesting a change of servicer to Special Servicer. Copies will be forwarded to Special Servicer.
C. Company to provide screen prints of all loans with PMI to include:
1. Loan number 2. PMI company 3. PMI certificate number 4. Next due date 5. Last amount paid VII. REAL ESTATE TAXES
A. Company to forward individual loan tax records showing payee, due dates, frequency of payment, next due date, last paid date and last paid amount.
B. Company to provide copies of the notifications to the individual tax authorities and the Tax Service requests for a change of servicer to Special Servicer under the following contract numbers (Transamerica-2489 Pinnacle - 119)
C. All property taxes due and payable will be paid prior to the transfer date.
D. All tax bills received after the transfer date will be forwarded to Special Servicer for payment.
E. Company to provide a listing of any loans with delinquent taxes containing the pertinent information as of the transfer date.
CONVENTIONAL LOANS. A. Individual PMI certificates shall be retained in the Servicing File
B. Company to prepare notifications to the PMI companies requesting a change of servicer to Special Sub-Servicer. Copies shall be forwarded to Special Sub-Servicer.
C. Company to provide electronic copy of all Specially Serviced Mortgage Loans with PMI to include: 1. Loan number 2. PMI company 3. PMI certificate number 4. Next due date 5. Last amount paid VII. REAL ESTATE TAXES
A. Company to forward individual loan tax records showing payee, due dates, frequency of payment, next due date, last paid date and last paid amount.
B. To the extent the related Mortgagor is required to maintain an escrow account for property taxes and insurance premiums, the Company shall ensure that all property taxes for any such Specially Serviced Mortgage Loan are paid current prior to the Effective Date.
C. All tax bills received after the Effective Date shall be forwarded to Special Sub-Servicer for payment.
D. The Special Sub-Servicer will obtain a tax service contract for each of the Specially Serviced Mortgage Loans.
CONVENTIONAL LOANS. If the Business received a Loan at a rate that is below the annual interest rate for non-compliance as set periodically by the IDED Board, the remaining principal amount of the Loan may be prorated between the percentage of FTE Jobs created/retained (if applicable) at the Project Wage Threshold and the percentage of the shortfall. The shortfall principal portion may be amortized over the remaining term of the Loan, beginning at the Project Completion Date, at an annual interest rate as determined periodically by the IDED Board. Interest will be charged beginning from the date Loan proceeds were disbursed to the Community on behalf of the Business; interest accrued from this date will be due immediately. The pro rata portion of the Loan associated with the percentage of FTE Jobs created will be amortized at the original rate and term.
CONVENTIONAL LOANS. Individual loan PMI certificates will be retained in the Servicing File
CONVENTIONAL LOANS. (i) Each Lender severally agrees, on the terms and conditions of this Agreement, to make revolving credit loans (each a "Conventional Loan") to the Company during the period from and including the Effective Date to and including the Termination Date, in an aggregate principal amount at any one time outstanding up to but not exceeding the lesser of (1) such Lender's Commitment and (2) the amount of such Lender's Share of the Allocated U.S. Borrowing Base as then in effect; provided that the aggregate principal amount of all Conventional Loans and all Bid Rate Loans made by all of the Lenders hereunder at any one time outstanding shall not exceed the Available U.S. Commitment, as then in effect, minus the LC Exposure then outstanding. Subject to the terms of this Agreement, during the period from the Effective Date to and including the Termination Date, the Company may borrow, repay and reborrow the amount of the Available U.S. Commitment as then in effect. Conventional Loans may be Base Rate Loans or Eurodollar Loans.
(ii) Unless consented to in writing by the Administrative Agent, no more than seven (7) Eurodollar Loans that are Conventional Loans may be outstanding from each Lender at any time. For purposes of this Section 2.01(a)(ii), Eurodollar Loans having different Interest Periods, regardless of whether they commence on the same date, shall be considered separate Loans.
CONVENTIONAL LOANS. 1. Provide the individual loan PMI certificates
2. Provide copies of the notification to the PMI companies requesting a change of servicer to LLS.
3. Listing of all loans with PMI to include: Loan number PMI company PMI certificate number Next due date Last amount paid Percentage of Coverage
4. Homeowner Protection Act of 1998. Loans originated after July 29, 1999: Provide copies of original disclosure notice produced at origination of loan. Loans originated prior to July 29, 1999: Provide the annual disclosure notices supplied to borrowers.
5. Listing of loans that have Pool Insurance. If loan has Pool Insurance supply name, address and phone number of insurance agency.
6. Listing of loans that have Pool Insurance and private mortgage insurance.
