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Part 18
SECTION 11. Officer?s Certificate. Exhibit E to the Existing Master Repurchase Agreement is hereby amended by deleting such exhibit in its entirety and replacing it with Annex
SECTION 12. Displays. The Existing Master Repurchase Agreement is hereby amended by adding a new Exhibit S at the end thereof, attached hereto as Annex B.
SECTION 13. Fees and you will Expenses. Seller hereby agrees to pay
SECTION 14. Standards Precedent. This Amendment shall become effective as of the date hereof upon Buyer?s receipt of this Amendment, executed and delivered by a duly authorized officer of Buyer and Seller.
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SECTION 15. Limited Effect. Except as expressly amended and modified by this Amendment, the Existing Master Repurchase Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms.
SECTION 16. Equivalents. This Amendment may be executed by each of the parties hereto on any number of separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Amendment in Portable Document Format (PDF) or by facsimile shall be effective as delivery of a manually executed original counterpart of this Amendment.
SECTION 17. Severability. Each provision and agreement herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement.
Ruling Legislation. THIS AMENDMENT AND
For the Witness WHEREOF, this new parties enjoys brought about the names become finalized hereto by its particular officers thereunto duly authorized as of the afternoon and seasons very first above-written.
prior created agree of Client, and you may provided a potential Standard or a meeting away from Default isnt established and will not exist consequently thereof, engage in an exchange(s) that have any or every one of their Affiliates when the instance transaction (i) is within the normal course of Vendor?s home loan financial business and (ii) was abreast of fair and you will realistic terms not less beneficial to help you Provider got Merchant entered into the the same case length?s exchange that have one that isn’t an affiliate.
Commission Date: With respect to (i) Unused Facility Fees, by the thirtieth (30th) day following the end of each quarter, (ii) Over/Under Account interest, the fifth (5th) Business Day of each month, and (iii) Price Differential, the fifth (5th) Business Day of each month; provided, however, in each case, Buyer may change the Payment Date from time to time upon thirty (30) days prior written notice to Seller.
(ss) Mortgaged Assets Intact. The Mortgaged Property is in good repair and undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect materially and adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended and each Mortgaged Property is in good repair, except with respect to Agency Eligible Escrow Mortgage Loans or specific mortgage products agreed upon by Buyer in writing.