exhibit1048privatestuden







Firstmark'   SERVICES   PRIVATE STUDENT LOAN   SERVICING AGREEMENT   This Private Student Loan Servicing Agreement (the "Agreement") is entered into and effective   as of the 9th day of October, 2014, by and between Nelnet Servicing, LLC, d/b/a Firstmark   Services, a Nebraska limited liability company, ("Firstmark") and Union Bank and Trust   Company, a Nebraska state banking corporation, ("Lender").   WHEREAS, Firstmark provides processing services related to the servicing of Education Loans   for lenders; and,   WHEREAS, Lender in the ordinary course of its business makes or acquires Education Loans;   and,   WHEREAS, Firstmark agrees to process and service Education Loans for Lender pursuant to the   Servicing Guidelines, and Lender therefore desires to retain Firstmark for such services.   NOW THEREFORE, in consideration of the premises and the mutual covenants hereinafter set   forth, the parties agree as follows:   Article I - Definitions   1_1. "Affiliate" means any individual, corporation, partnership, association 01' business that   directly or indirectly through one or more intermediaries) controls, or is controlled by, or is   under common control with a party or its successors. The term "control" including the terms   "controlling," "controlled by," and "under common control with" means the possession, direct   01' indirect, of the power to direct or cause the direction of the management and policies of a   corporation, partnership, association or business, whether through the ownership of voting   shares, by contract or otherwise, Affiliates shall include such entities whether now existing or   later established by investment, merger or otherwise, including the successors and assigns of   such entities.   1w2, "Agreement" means this Agreement.   1~3, "Applicable Law" means federal, state or local statute, rule, regulation or similar legal   requirement applicable to processing the origination and servicing of Education Loans,   1-4. "Almlicable Requirements" means each of the following, as applicable: (i) all contractual   obligations under this Agreement and under the Loan Documents; (ii) Applicable Law, and   (iii) the Servicing Guidelines.   1-5. "Borrower" means a maker ofa promissory note with respect to an Education Loan,   CONPIDENTIAL   FlRSTMARK SERV1CES   Pnge J    





 







1-6. "Business Day" means any day other than a Saturday, Sunday, 01' a day on which the   banking institutions in the city in which a payment is received or a disbursement hereunder   must be initiated are authorized or required by law 01' executive order to close.   1-7. "Claims" means claims, liabilities, losses, damages, costs, expenses and reasonable   attorney's fees asserted against or incurred by a party in connection with a dispute by or the   assertions of a third party which arise out of the relationship created by the Agreement.   1-8. "Confidential Information" has the meaning given such term in Section 1lI-II.a. hereof.   1-9. "Education Loan" means a consumer loan made or to be made to a Borrower for the   funding of expenses in connection with such Borrower's education, and which is not insured   or guaranteed by, or made pursuant to a program sponsored by, a state or federal government   01' governmental agency.   1-10. "Effective Date" means the date set forth in the preamble to this Agreement.   I -11. "Fees" means the amounts to be paid by Lender to Firstmark fOI'the Services, as further   defined in Section 2-7(a) and Schedule A.   1-12. "Force Majyure" means, without limitation, the following: acts of God, strikes, lockouts,   or other industrial disturbances; acts of public enemies; order 01' restraint of any kind of the   government of the United States of America or of any state or locality in which a party is doing   business or any of their departments, agencies or officials, or any civil or military authority;   insurrections; riots; landslides; earthquakes;. fires; storms; droughts; floods; explosions;   breakage or accident to machinery, equipment, transmission pipes or canals; or any other cause   or event not reasonably within the control of the party.   1-13. "Intellectual Prop-erty" means user manuals, training materials, computer programs,   routines, structures, layout, report formats, trademarks, servicemarks, copyrights, patent rights   and all oral or written information relating to a party's business which is not generally known   to the public and which gives such party an advantage over its competitors who do not know   or use such information.   1-14. "Lender" has the meaning given to such term in the preamble to this Agreement.   1~15. "Loan Documents" means loan applications, promissory notes, credit agreements,   disclosures and notices with respect to Education Loans. Lender acknowledges that it holds   the "Customer Relationship" (as defined in the Gramm-Leach-Bliley Act) with Borrowers and   thereby has the responsibility to provide privacy policies and notices to such Borrowers as   required therein. Firstmark will deliver or make available Lender's privacy notices in   connection with the Services, as directed by Lender) at the fee set forth in Schedule A.   1-16. "NPl" means "Nonpublic Personal Information" as such term is defined in the regulations   implementing Subtitle A of Title V of the Graham-Leach-Bliley Act, Pub. L. 106-102,   CONFIDENTtAL   FJRSTMARK SERVICES   Page 2    





 







codified at 15 U.S.C. 6801 et seq., received or obtained, directly or indirectly, by Firstmark   pursuant to or in connection with of this Agreement.   1-17. "Person" means an individual, a partnership, a joint venture, a corporation, a trust, an   unincorporated organization, a government or any department or agency thereof or any other   entity.   1-18. "School" means the educational institution attended or to be attended by a Borrower, using   the funds provided by an Education Loan.   1-19. "Servicing Guidelines" means the Client Program Manual or similar information attached   hereto as Schedule I-19.   1-20. "Services" means the Servicing Services.   1-21. "Term" has the meaning set forth in Section III-I below.   Article II - Services Provided   2-1. Forms and Documentation.   All Loan Documents to be utilized by Lender and Firstmark in connection with the Services,   shall be the responsibility of Lender and provided by Lender to Firstmark. Any material   modification of such forms and documentation shall likewise be prepared by 01' approved in   writing by Lender. Lender shall be solely responsible to ensure that at all times the Loan   Documents comply with Applicable Law. Firstmark shall have no liability for inaccuracies or   other defects in the Loan Documents or for the failure of any Loan Documents to comply with   Applicable Law.   2-2. Approval of EducatiQn Loan Applications.   Nothing in this Agreement shall make Firstmark a loan production office or a holder or   originator of any Education Loan, processed or serviced hereunder.   2-3. Origination Services. All Education Loans to be serviced by Firstmark pursuant to this   Agreement shall have been previously originated by origination agents by or 011 behalf of   Lender or Lender's assignor. Firstmark shall not be responsible for any origination services   under this Agreement.   2-4. Services.   Upon acceptance of any previously originated Education Loan i11tOFirstmark's computer   system, Firstmark shall service such loan in accordance with Applicable Requirements,   provided, Firstmark shall at no time have any liability for the actions of third parties or for the   origination or servicing of Education Loans prior to such Education Loans being delivered to   Firstmark for servicing. Services to be performed by Firstmark shall include the following:   CONFIDENTIAL   FIRSTMARK SER VICES   Page 3    





 







a. Making available to Borrowers all required Loan Documentation.   b. Acceptance of Borrower payments, including via Automated Clearinghouse processes.   Payments via U.S. Mail will be directed to a lockbox established by Firstmark. Daily   transfer of funds to Lender will include all sums applied to the Education Loans, less   any cash payment reversals (checks returned for insufficient funds and stop payment   orders).   c. Accounting for all transactions related to Education Loans, including ali payments on   such Education Loans, in accordance with the Servicing Guidelines. Interest   computation shall be completed in accordance with the Servicing Guidelines.   d. Processing of address changes and other demographic information changes provided,   Pirstmark may rely on, without independently verifying, all data entries, manipulations   and representations related to Education Loans which are provided to Firstrnark or the   Firstmark systems by Lender, Schools or Borrowers.   e. Responding to inquiries pertaining to Education Loans, school status or refunds,   provided, Lender shall cooperate as necessary to enable Firstmark to respond. Inquiries   may be referred to the School if necessary.   f. Reporting to credit reporting agencies pursuant to Applicable Requirements.   g. Retention of an image of all Loan Documentation, including maintaining a backup copy   of all Loan Documentation in a location distinct from the original.   h. Acting as custodian with respect to all Loan Documentation and systems records for   each Education Loan. Firstmark may make electronic images of Loan Documentation   in place of the original as permitted for collectability purposes under state and federal   law.   I. Performing default aversion services with respect to the Education Loans.   2-5. Servicing Errors.   If Firstmark commits an error in connection with the Services, which error directly results in   such Education Loan becoming unenforceable or uncollectible, Lender shall give Firstmark   written notice of the same. Thereafter, Firstmark shall have a reasonable time to cure such   Education Loan. If cure cannot be accomplished within twelve (12) months of the original   error, Firstmark will purchase or arrange for purchase of the Education Loan from Lender at   an amount equal to the outstanding principal balance and accrued but unpaid interest thereon.   If the Education Loan is thereafter cured within twelve (12) months after the date of purchase,   Lender shall repurchase such Education Loan from Firstmark or its designee, at a price equal   to the outstanding principal amount thereof plus accrued but unpaid interest thereon, such sum   to be payable as an additional servicing fee under this Agreement. The foregoing shall be   Lender's sole remedy for origination or servicing errors by Firsrmark.   CONFIDENTIAL   FIRSTMARK SERVICES   Page 4    





 







In connection with the purchase of any Education Loan by Firstmark or its designee hereunder,   Lender will deliver to Firstmark all records in Lender's possession and will execute and deliver   to Firstmark such other documents and instruments as Firstmark may reasonably request to   effect the transfer. Such records shall be transferred to Firstmark free and clear of any liens,   encumbrances, claims, or interest of any person or entity claiming by, through, or under   Lender, and without representations or warranties, expressed or implied, and without recourse   to Firstmark. If Lender is required to repurchase the Education Loan from Firstmark or its   designee hereunder, Firstmark will deliver to Lender all records in Firstmark's possession and   will execute and deliver to Lender such other documents and instruments as Lender may   reasonably request to effect the transfer. Such records shall be transferred to Lender free and   clear of any liens, encumbrances, claims, or interest of any person or entity claiming by,   through, or under Firstmark, and without representations or warranties, expressed or implied,   and without recourse to Lender.   2-6. Reports to Lender.   On or about the 10th day of each month, Firstmark shall make available to Lender reports of   activity with respect to the Services during the preceding month, as designated in the Servicing   Guidelines.   2-7. Compensation for Services.   In consideration of the Services, Lender shall pay Firstmark the Fees on billing statements   delivered by Firstmark as set forth below. Fees shall be paid within thirty (30) days of the date   of each billing statement. Fees may be netted by Firstmark at its option, against distributions   due from Firstrnark to Lender, for Borrower payments.   a. Amount of Fees. The Lender shall pay to Firstmark fees in a monthly amount equal to   the fees described in Schedule A, attached hereto.   ARTICLE III - GENERAL PROVISIONS   3-1. Term of Agreement.   Subject to the termination provisions set forth below, the Agreement shall be effective for a   period of time commencing on the date first set forth above, and terminating on the date each   Education Loan has been paid in full by the Borrower, during which the Services shall be   provided, subject to payment of the Servicing Fees and other terms of the Agreement.   3-2. Termination of Agreement.   The Agreement may be terminated as follows:   a. At the expiration of the Term.   b. Upon the refusal or failure of a party to perform any material obligation of the   Agreement, and the failure or refusal to correct or cure such performance 01' lack   thereof, within sixty (60) days after the party's receipt of written notice of the failure   or refusal,   CONFIDENTIAL   FIRSTMARK SERVICES   Page 5    





 







c. Upon the failure of the parties to reach agreement with respect to a change in the Fees   as contemplated by Section 2~7 a. above.   d. At Firstmark's option, if Lender fails to pay Firstmark the Fees within sixty (60) days   of any billing statement, as contemplated by Section 2-7 a. above.   e. If an insolvency, bankruptcy or similar proceeding shall have been commenced, or a   decree or order of an appropriate court, agency or supervisory authority for the   appointment of a conservator, receiver or liquidator shall have been entered against a   party, the other party may terminate this Agreement immediately.   3-3. Termination Process.   Upon termination of this Agreement for any reason above, ail Loan Documentation and   relevant servicing records will be made available to Lender in Firstmark's standard format.   Lender will reimburse Firstmark for all expenses associated with removing such information   from Firstmark's systems and making such information available to Lender.   3~4. Representations and Warranties.   Each of the parties represents and warrants to the other party:   a. it is duly organized, validly existing and in good standing under the laws of the state of   its organization;   b. it has all necessary power and all licenses, permits, authorizations and approvals   (governmental, corporate or otherwise) necessary to carryon its business and perform   its obligations under this Agreement; and,   c. the execution or performance of this Agreement will not violate it's documents of   formation or governance, or any material contract 01' other instrument to which it is a   party or by which it is bound and will not violate any outstanding judgment, order, writ,   injunction, law, rule or regulation to which it is subject.   3~5. Liability.   Firstmark shall have no liability with respect to:   a. the failure of any Borrower to repay an Education Loan;   b. disputes between Borrowers and Schools regarding tuition, registration, attendance or   quality of education or training;   c. Claims arising from actions or inactions of Firstmark as directed by Lender) either   pursuant to Applicable Requirements or otherwise, with respect to which Lender shall   indemnify and hold Firstmark harmless;   d. incorrect information regarding Education Loans or Borrowers which may be provided   to Firstmark by Lender, Schools or Borrowers, including but not limited to,   School/Borrower certification, eligibility, enrollment, and School or Borrower   demographic information   Neither party shall have any liability for Claims under any theory of tort, contract, strict   liability 01' other legal 01' equitable theory for any lost profits, exemplary, punitive, special,   incidental, indirect or consequential damages, each of which is hereby excluded by agreement   CONFIDENTIAL   I'IRSTMARK SERVICES   Page 6    





 







of the parties regardless of whether such party has been advised of the possibility of such   damages.   3-6. Limitation on Actions.   The parties agree that any action for the breach of any provision of this Agreement shall be   commenced within twelve months following the earlier of (i) the termination of this Agreement   or (ii) the date the Education Loan with respect to which the action relates has been removed   from the Firstmark servicing system.   3-7. Audit Rights.   Upon prior written notice to Firstmark, and in coordination with Firstmark's management,   Lender may perform or arrange to have audits performed of Firstmark's servicing activities   with respect to Education Loans owned by Lender. All such audits will be performed at   Lender's sole expense and during Firstmark's normal business hours, In connection with such   audits, Firstmark agrees to provide, annually, up to forty (40) hours of assistance by Pirstmark   employees. Any additional assistance requested by Lender will be provided at an hourly rate   of $110.00 per hour per employee. Such fee is subject to change at Firstmark's reasonable   discretion but upon at least sixty (60) days' advance written notice to Lender.   3-8. Annual Compliance Audit.   On an annual basis, Servicer will cause to be completed a SSAE 16 SOC 1 Report review of   its activities. Upon request, Lender may receive a copy of the report of such review by paying   a pro-rata share of the cost of same. Servicer's Internal Audit Department coordinates such   participation on an annual basis and divides the aforementioned costs equally between those   lenders participating.   3-9. Disaster Recovery Plan.   Servicer agrees to maintain a disaster recovery plan designed to enable Servicer, after a   disaster, to resume Services within a reasonable timeframe. A summary of Servicer's plan wi 11   be made available to Lender upon request.   3-10. Intellectual Property Protection.   All right, title and interest of whatever nature in each party's Intellectual Property is and   shall remain the sole and exclusive property of such party, and 110 license or other rights   thereto are granted by this Agreement.   3-11. Confidentiality and Nondisclosure.   a. Definition. The term "Confidential Information" means any information that either   party discloses, by any method and in any form or format, which is marked   "Confidential," "Restricted," "Proprietary" or with other similar marking, 01' which   CONFIDBNTIAL   FIRSTMARK SERVICES   Page 7    





 







should reasonably be considered to be Confidential Information. By way of example   and not limitation, Confidential Information includes: (i) any information concerning   a party's, its agents' or licensors' technology, such as systems, source code, databases,   hardware, software, programs, applications, protocols, routines, models, displays and   manuals, including, without limitation, the selection, coordination, and arrangement of   the contents thereof; and (0) any information concerning a party's, its agents' or   licensors' financial or business plans 01' operations, such as research activities and   plans, marketing or sales plans, pricing or pricing strategies, operational techniques,   internal controls, compliance policies, methods of operation, security procedures,   strategic plans, and unpublished financial information, including information   concerning revenues, profits and profit margins.   b. Restrictions on Use. The party providing Confidential Information in each case shall   be called the "Disclosing Party" and the party receiving the Confidential Information   shall be called the "Recelving Party". The Receiving Party shall not use, without the   prior written consent of the Disclosing Party, any portion of the Disclosing Party's   Confidential Information for any purpose other than in connection with the   performance ofthis Agreement. Each party agrees that: (1) it will hold the Confidential   Information of the other party in the strictest confidence; (U) it will exercise no less   care with respect to the other party's Confidential Information than the level of care   exercised with respect to its own Confidential Information; (iii) it will not, without the   other party's prior written consent, copy or disclose to any third party any portion   thereof; and (iv) it will promptly notify the other party of any unauthorized disclosure   01' use, and will cooperate with the other property to protect all rights in and ownership   of its Confidential Information.   c. Exceptions. The foregoing restrictions on use shall not prohibit 01' limit the Receiving   Party's use, disclosure, reproduction or dissemination of the Disclosing Party's   Confidential Information which: (a) is or becomes public domain information or   material through no fault or breach on the part of the Receiving Party; (b) as   demonstrated by the written records of the Receiving Party, was already lawfully   known (without restriction on disclosure) to the Receiving Party prior to the   information being disclosed to the Receiving Party by the Disclosing Party or any   representative of the Disclosing Party; (c) has been or is hereafter rightfully furnished   to the Receiving Party without restriction on disclosure by a third person lawfully in   possession thereof; (d) has been independently developed, by or for the Receiving   Party, without reference to the Confidential Information of the Disclosing Party; or (e)   is required to be disclosed by court or agency order, provided that, unless prohibited by   law or order, the Receiving Party notifies the Disclosing Party so that the Disclosing   Party may have a reasonable opportunity to obtain a protective order or other form of   protection against disclosure.   d. Borrower Information. Firstmark agrees that all information related to or contained in   documents subject to this Agreement which is NPl constitutes Confidential Information   of the Lender, and Firstmark shall keep all such NPl in strictest confidence. NPI shall   not be released or divulged in any way without prior written consent of Lender, except   (i) to Firstmark's officers and employees, 01' such other third parties as is necessary to   CONPIDENT1AL   I'IRSTMARK SERVICES   Page 8    





 







perform its obligations under this Agreement, (ii) as specifically required by Applicable   Law, or (iii) to such other parties as directed in writing by the Lender. Firstmark shall   only use NPI to perform its duties under this Agreement and for other purposes specifically   directed in writing by Lender from time to time, and shall not directly or indirectly use, 01'   suffer, permit or cause to be used, any such NPI in any other manner or for any other   purpose whatsoever including marketing or cross-selling, or suffer, permit or cause the   marketing or cross-selling of, any products or services of any kind using NPI without   Lender's prior written approval, Without in any way limiting the foregoing, Firstmark's   use, reuse, disclosure and redisclosure ofNPI shall comply with Applicable Law.   e. Firstmark will maintain an information security program designed to prevent the   unauthorized disclosure, misuse, alteration or destruction of NPL Without limiting the   immediately preceding sentence, Firstmark agrees that such program shall be designed to   satisfy the objectives set forth in the "Interagency Guidelines Establishing Standards for   Safeguarding Borrower Information", 66 Fed. Reg. 8616, February 1, 2001 (codified in   Appendix B to 12 C.F.R. part 30).   3-12. Independent Contractors.   Lender and Firstmark are independent contractors, and nothing in this Agreement shall be   construed to create a partnership, joint venture or agency relationship between Lender and   Firstrnark.   3·13. Notices.   AU notices or communications by a party to the other party shall be delivered to the   addresses set forth in the signature section of this Agreement below, or to such other   address as may be provided from time to time by a party. Any notice shall have been   deemed to have been given on the fifth (5th) day following the mailing of such notice when   mailed by registered or certified mail, and upon receipt in every other case.   3-14. Gove1'l1ingLaw.   This Agreement is executed and delivered within the State of Nebraska. The parties hereto   agree that it shall be construed, interpreted and applied in accordance with the laws of the   State of Nebraska, and that the courts and authorities within the State of Nebraska shall   have sole jurisdiction and venue over all controversies which may arise with respect to the   execution of, interpretation of and compliance with this Agreement. EACH PARTY   HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE   LAW, THE RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING   OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS   CONTEMPLATED HEREBY.   3-15. Changes in Writing.   This Agreement, including this provision hereof, shall not be modified or changed in any   manner except by a writing signed by all parties hereto.   CONFIDENTIAL   FIRSTMARK SERVICES   Page 9    





 







3-16. Severability.   If a COUlt of competent jurisdiction finds any of the provisions of this Agreement to be so   overly broad as to be unenforceable or invalid for any other reason, it is the parties' intent   that such invalid provisions be reduced in scope or eliminated by the court, but only to the   extent deemed necessary by the court to render the remaining provisions of this Agreement   reasonable and enforceable.   3-17, Persons Bound.   This Agreement shall be binding upon and inure to the benefit of the parties hereto, their   legal representatives, heirs, successors and permitted assigns.   3-18. Assignment.   This Agreement shall not be assigned by either party without the prior written consent of   the other party, which consent shall not be unreasonably withheld, provided, Firstmark may   assign this agreement or delegate any obligation hereunder, to any Affiliate of Firstmark   with reasonable notice to Lender.   3-19, Titles.   The titles used in this Agreement are intended for convenience and reference only. They   are not intended and shall not be construed to be a substantive part of this Agreement or in   any other way to affect the validity, construction or effect of any of the provisions of this   Agreement.   3-20. Waiver.   The waiver or failure of either party to exercise in any respect any right provided for herein   shall not be deemed a waiver of any further right hereunder.   3~21. Force Majeure.   If by reason of a Force Majeure Firstmark is unable in whole or in part to carry out any   obligation of this Agreement, Firstmark shall not be deemed in default during the   continuance of such inability,   3-22. Corporate Obligations.   This Agreement consists of obligations of the parties as corporate or similar entities. Any   liability arising hereunder shall be corporate liabilities. No director, officer or employee   CONFIDENTIAL   l'IRSTMARK SERVrCES   Page 10    





 







of either party shall be subject to any liability to any other party for any action taken, or for   refraining from taking any action in good faith, or for errors in judgment.   Lender agrees that during the Term or Renewal Terms of this Agreement and for one year   thereafter, it will not hire or solicit for hire, or knowingly allow its employees to hire or   solicit for hire, any employee of Firstmark without the written permission of First mark.   3-24. Entire Agreement.   This is the entire and exclusive statement of the Agreement between the parties, which   supersedes and merges all prior proposals, understandings and all other agreements, oral   and written, between the parties relating to the Services or any other provision of this   Agreement.   3-25. Counterparts.   This Agreement may be executed in any number of counterparts. Each counterpart so   executed shall be deemed an original, but all such counterparts shall together constitute   one and the same instrument.   CONFIDENTIAL   FIRSTMARK SERVICES   Page II    





 







IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective   Date.   NELNET SERVICING, LLC, d/b/a   FIRSTMARK SERVICES   By: C)~ fv~   Name: Joseph Popevis   Title: Executive Director   Date:   Address: 121 S. 13th Street, Suite 201   Lincoln, NE 68508   Union Bank and Trust Company   By: 04 i.eJIY1uP1Gu:,&----   Name: Angie Muhleitien   Title: CEO I Pl:esident.   Address: 1243 l?iomlers Woods Dr.   Lincoln. NE 68506   CONFIDENTIAL   FIRSTMARK SER VICES   Page 12    





 







Schedule A   Fee Schedule   Activi.!l:_ Fee Unit Measure   ,",_'.""'- -   Monthly Servicing Fees   Base Servicing $4.15 Per Borrower Per Month   Miscellaneous Fees   Delinquency surcharge I $1.80 Per Participant Per Month   1098-E Tax Form 15t Class Postage + Per Form   $.10   Privacy Statements 1st Class Postage + Pel' One Page Statement,   $.10 $.04 per additional P_~.g~   Special Proiect Fee2 $150.00 Per Hour   Removal/Deconversion Fee $40.00, not to exceed Per Loan   $1 million in   aggregate --   Manual Loan Add Fee $10.00 Per Loan   Sale/Internal Transfer Fee $3.00 Per Loan   Claim/Charge-Off! Bankrup.!Si Filing Fee $15.00 Per Defaulted Loan   .._----   • Increases in Postage expense due to United States Postal Service postage increase will be   a pass through cost   1 Surcharge Is assessed for each participant upon whom delinquency activity is performed In the month consistent   with the standard collection schedule Included in the program guidelines   2 The "Special Project" fee would be charged for system and report changes or enhancements that would be   needed to meet lenders requfrements. Fee only to be charged If disclosed and approved by lender In advance.   Schedule A - Page 1