Common use of Representations by Owner Concerning Loan(s) Clause in Contracts

Representations by Owner Concerning Loan(s). The Owner hereby makes the following representations and warranties to the Investor with respect to each Loan: 7.1. Schedule A. Unless otherwise noted on Schedule A, the servicing records of the Loan contain no record of any currently pending loss mitigation, currently pending or recent bankruptcy action, currently pending litigation, or any indication of the borrower’s intent to cure the underlying default on the Loan.

Representations by Owner Concerning Loan(s). The Owner hereby makes the following representations and warranties to the Investor with respect to each Loan: 7.1. Schedule A. Unless otherwise noted on Schedule A, the servicing records of the Loan contain no record of any currently pending loss mitigation, currently pending or recent bankruptcy action, currently pending litigation, or any indication other indications of the borrower’s intent to cure the underlying default on the Loan.