LOAN TO THE
LAST ENDORSEE, OR, IF THE ORIGINAL HAS BEEN LOST, A LOST NOTE AFFIDAVIT IN FORM
AND SUBSTANCE ACCEPTABLE TO BUYER AND EXECUTED BY THE LAST ENDORSEE;
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(VI)
THE ORIGINAL RECORDED MORTGAGE, OR, IF THE ORIGINAL HAS BEEN LOST
OR IF SUCH MORTGAGE IS IN THE PROCESS OF BEING RECORDED, A COPY OF THE ORIGINAL
MORTGAGE TOGETHER WITH AN OFFICER'S CERTIFICATE (WHICH MAY BE INCLUDED ON THE
FACE OF SUCH COPY) CERTIFYING (X) THAT SUCH COPY IS A TRUE, CORRECT AND COMPLETE
COPY AND (Y) THAT SUCH MORTGAGE HAS BEEN TRANSMITTED TO THE APPROPRIATE
RECORDING OFFICE FOR RECORDATION;
(VII)
THE ORIGINALS OF ALL ASSUMPTION, MODIFICATION, CONSOLIDATION,
SUBSTITUTION AND EXTENSION AGREEMENTS, IF ANY, WITH EVIDENCE OF RECORDATION
THEREON, OR COPIES OF SUCH ORIGINAL AGREEMENTS TOGETHER WITH AN OFFICER'S
CERTIFICATE CERTIFYING (X) THAT SUCH COPY IS A TRUE, CORRECT AND COMPLETE COPY
AND (Y) THAT SUCH AGREEMENTS HAVE BEEN TRANSMITTED TO THE APPROPRIATE RECORDING
OFFICE FOR RECORDATION;
(VIII)
ALL GUARANTEES, SUPPORTING OBLIGATIONS AND COLLATERAL, IF ANY,
RECEIVED WITH RESPECT TO, OR SUPPORTING REPAYMENT OF, SUCH PURCHASED MORTGAGE
LOAN;
(IX)
EVIDENCE SATISFACTORY TO BUYER THAT EACH MORTGAGE LOAN SUBJECT TO
SUCH TRANSACTION IS A MERS DESIGNATED MORTGAGE LOAN AND BUYER IS DESIGNATED AS
"INTERIM FUNDER" ON THE MERS SYSTEM WITH RESPECT TO EACH SUCH MORTGAGE LOAN;
(X)
IF, AT ANY POINT IN THE FUTURE, BUYER SO DESIGNATES, BY GIVING AT
LEAST TEN (10) BUSINESS DAYS' WRITTEN NOTICE TO A SELLER, THAT SELLERS WILL, ON
A GOING FORWARD BASIS, BE RESPONSIBLE FOR GIVING THE SAME (IT BEING UNDERSTOOD
AND AGREED THAT UNLESS AND UNTIL BUYER GIVES SUCH NOTICE TO A SELLER, BUYER WILL
BE RESPONSIBLE FOR GIVING SUCH NOTICES TO MORTGAGORS AND THIS ITEM WILL NOT BE
INCLUDED IN THE LOAN FILES), A NOTICE LETTER IN FORM AND SUBSTANCE ACCEPTABLE TO
BUYER IN ITS SOLE DISCRETION, DELIVERED BY SELLER ON BEHALF OF BUYER TO
MORTGAGOR SETTING FORTH THE INFORMATION REGARDING BUYER AS THE "NEW CREDITOR"
AND SUCH OTHER INFORMATION REQUIRED BY SECTION 404 OF THE HELPING FAMILIES SAVE
THEIR HOMES ACT OF 2009 (AMENDING THE TRUTH IN LENDING ACT OF 1968 (AS
AMENDED)), AND ACKNOWLEDGED IN WRITING BY MORTGAGOR UNLESS BUYER HAS NOTIFIED
SELLER IN WRITING THAT SUCH NOTICE IS NO LONGER REQUIRED;
(XI)
IF A COOPERATIVE LOAN:
(A)
THE ORIGINAL COOPERATIVE SHARES WITH ORIGINAL STOCK POWER WITH A SIGNATURE
GUARANTEE IN FORM AND SUBSTANCE SATISFACTORY TO BUYER;
(B)
THE ORIGINAL PROPRIETARY LEASE;
(C)
THE ORIGINAL RECOGNITION AGREEMENT; AND
(D) AN ACKNOWLEDGEMENT COPY OF THE UCC-1 FINANCING STATEMENT FILED IN CONNECTION
WITH THE MORTGAGE RELATED THERETO; AND
(XII)
SUCH ADDITIONAL DOCUMENTS REQUIRED BY BUYER IN ITS SOLE
DISCRETION FROM TIME TO TIME BY WRITTEN NOTICE TO SELLER.
"Loan Purchase Detail" means a data tape or schedule of information prepared and
transmitted electronically by Seller to Buyer in the format and with such fields
of information set
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forth in Exhibit I regarding the Purchased Mortgage Loans, as such required
format or information fields may be changed from time to