Loan Documentation and Collateral Perfection Sample Clauses
Loan Documentation and Collateral Perfection. Lender shall have the sole responsibility for ensuring that all documents evidencing and securing the Loan are fully and accurately prepared/completed, properly authorized and fully executed by the Borrower in accordance with the Lender’s normal prudent loan documentation procedures and the requirements contained in the Lender Manual. In addition, ▇▇▇▇▇▇ shall have the sole responsibility for properly perfecting the Lender’s security interest in the collateral securing the Loan. WHEDA is entitled at any time, after reasonable notice to ▇▇▇▇▇▇, to examine and make copies of all Loan Documents, loan repayment records and any other documents or records held or maintained by ▇▇▇▇▇▇ which relate to the Loan.
