IN ANY EVENT WITHIN NINETY (90) DAYS
AFTER THE CLOSE OF EACH FISCAL YEAR: STATEMENTS OF INCOME, CHANGES IN
STOCKHOLDERS' EQUITY AND CASH FLOWS OF THE COMPANY, AND, IF APPLICABLE,
COMPANY'S SUBSIDIARIES, ON A CONSOLIDATED AND CONSOLIDATING BASIS FOR SUCH YEAR,
THE RELATED BALANCE SHEET AS AT THE END OF SUCH YEAR (SETTING FORTH IN
COMPARATIVE FORM THE CORRESPONDING FIGURES FOR THE PRECEDING FISCAL YEAR), ALL
IN REASONABLE DETAIL, PREPARED IN ACCORDANCE WITH GAAP APPLIED ON A CONSISTENT
BASIS THROUGHOUT THE PERIODS INVOLVED, AND ACCOMPANIED BY AN OPINION IN FORM AND
SUBSTANCE SATISFACTORY TO THE LENDER AND PREPARED BY AN ACCOUNTING FIRM
REASONABLY SATISFACTORY TO THE LENDER, OR OTHER INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS OF RECOGNIZED STANDING SELECTED BY THE COMPANY AND ACCEPTABLE TO THE
LENDER, AS TO SAID FINANCIAL STATEMENTS AND A CERTIFICATE SIGNED BY THE
PRESIDENT AND CHIEF FINANCIAL OFFICER OF THE COMPANY STATING THAT SAID FINANCIAL
STATEMENTS FAIRLY PRESENT THE FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF
THE COMPANY AND, IF APPLICABLE, COMPANY'S SUBSIDIARIES AS AT THE END OF, AND
FOR, SUCH YEAR.
(C)
TOGETHER WITH EACH DELIVERY OF FINANCIAL STATEMENTS REQUIRED IN
THIS SECTION 6.2, AN OFFICER'S CERTIFICATE BY THE PRESIDENT, CHIEF FINANCIAL
OFFICER, OR OTHER OFFICER OF THE COMPANY ACCEPTABLE TO THE LENDER.
(D)
WITH RESPECT TO AGED MORTGAGE LOANS, COPIES OF THE COMPLETE CREDIT
AND COLLATERAL FILE RELATING EACH AGED MORTGAGE LOAN, AN UPDATED TITLE OPINION
COVERING THE MORTGAGED PROPERTY SECURING EACH AGED MORTGAGE LOAN ISSUED INFORM
AND SUBSTANCE
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ACCEPTABLE TO LENDER AND ISSUED BY A TITLE COMPANY ACCEPTABLE TO LENDER, A
CURRENT APPRAISAL OR BROKERS PRICE OPINION CERTIFYING THE CURRENT MARKET VALUE
OF THE MORTGAGED PROPERTY SECURING EACH AGED MORTGAGE LOAN IN FORM AND SUBSTANCE
ACCEPTABLE TO LENDER AND SUCH OTHER INFORMATION OR DOCUMENTATION RELATING TO THE
BORROWERS OR MORTGAGED PROPERTY OF EACH AGED MORTGAGE LOAN, ALL OF THE FOREGOING
TO BE PROVIDED AS THE LENDER IN ITS DISCRETION MAY REQUEST AT ANY TIME OR FROM
TIME TO TIME AND AT THE SOLE COST AND EXPENSE OF THE COMPANY.
(E)
REPORTS IN RESPECT OF THE PLEDGED MORTGAGES AND PLEDGED
SECURITIES, IN SUCH DETAIL AND AT SUCH TIMES AS THE LENDER IN ITS DISCRETION MAY
REQUEST AT ANY TIME OR FROM TIME TO TIME, INCLUDING, WITHOUT LIMITATION, A
MONTHLY PIPELINE REPORT IN FORM SATISFACTORY TO LENDER, TO BE DELIVERED WITH THE
MONTHLY FINANCIAL STATEMENTS REQUIRED IN SECTION 6.2(A).
(F)
COPIES OF ALL REGULAR OR PERIODIC FINANCIAL AND OTHER REPORTS, IF
ANY, WHICH THE COMPANY SHALL FILE WITH THE SECURITIES AND EXCHANGE COMMISSION OR
ANY GOVERNMENTAL AGENCY SUCCESSOR THERETO AND COPIES OF ANY AUDITS COMPLETED BY
GNMA, FHLMC, OR FNMA.
COPIES OF THE MORTGAGE BANKERS' FINANCIAL REPORTING FORMS
(FNMA FORM 1002) WHICH THE COMPANY SHALL HAVE FILED WITH FNMA.
(G)
FROM TIME TO TIME, WITH REASONABLE PROMPTNESS, SUCH FURTHER
INFORMATION REGARDING THE BUSINESS, OPERATIONS, PROPERTIES OR FINANCIAL
CONDITION OF THE COMPANY AS THE LENDER MAY REASONABLY REQUEST.
6.3
MAINTENANCE OF EXISTENCE; CONDUCT OF BUSINESS.
PRESERVE AND
MAINTAIN ITS CORPORATE EXISTENCE IN GOOD STANDING AND