DRAFTING NOTE: FOR USE IF BORROWER HAS RECEIVED A FNMA PRICING INCENTIVE IN EXCHANGE FOR AGREEING TO COMPLY WITH SPECIFIC COVENANTS UNDER THE LOAN DOCUMENTS (E.G., SPONSOR-INITIATED AFFORDABILITY RESTRICTIONS, ETC.).]June 14th, 2022
FiledJune 14th, 2022This PAYMENT GUARANTY (Pricing Incentive Recapture) (this “Guaranty”), dated as of , is executed by the undersigned (“Guarantor”), to and for the benefit of (“Lender”).