Company: FRME
Filing Date: 2025-09-25
Form Type: 425
Source: 0001193125-25-216443
Chunk: 30

Company: FIRST MERCHANTS CORP
Filing Date: 2025-09-25
Form: 425
Chunk 30
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 and the related servicing rights that was sold or otherwise transferred to a third party, was sold or otherwise transferred in
accordance with all Applicable Requirements in effect at the time of such sale or transfer.

(e) Except as would not
reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on First Savings, (i) the origination file, servicing file, records and documents (whether hard copy or electronic) for each Mortgage Loan owned
or serviced by either First Savings, a Subsidiary (including the Bank) or, to the knowledge of First Savings’s Management, a Subservicer as of the date hereof is true and complete and complies with all Applicable Requirements and
(ii) there has been no servicer default, servicer termination event, portfolio trigger or other default or breach by First Savings, any Subsidiary (including the Bank) or to the knowledge of First Savings’s Management, a Subservicer under
any Servicing Agreement or any Applicable Requirements.

(f) Except as would not reasonably be expected to have, either
individually or in the aggregate, a Material Adverse Effect on First Savings, all First Savings Owned Mortgage Loans represent (i) genuine, legal, valid and binding payment obligations in writing of the obligors thereunder, and (ii) are
enforceable by the holders thereof in accordance with their terms (other than as may be limited by bankruptcy or insolvency law or the Coronavirus Aid, Relief, and Economic Security Act or similar state and local laws, directives or guidelines
promulgated by any Governmental Entity).

(g) No right of rescission, setoff, adjustment, counterclaim or defense has been
asserted or threatened in writing with respect to the Mortgage Loans that would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on First Savings.

(h) To the knowledge of First Savings’s Management, no obligor under any Mortgage Loan is an individual that was included
on the “Specially Designated Nationals and Blocked Persons List” of the Office of Foreign Assets Control at the time of origination.

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(i) Except as would not reasonably be expected to have, either individually
or in the aggregate, a Material Adverse Effect on First Savings, no Mortgage Loan was originated in, or is subject to the laws of, any jurisdiction the laws of which would make unlawful, void or voidable the sale, transfer and/or assignment of the