Document:

Proof - ex4-19.htm

 

Exhibit
4.19

 

	 	borrower:	yourist,
    daniel, bradley, alyse, david, luise	 
	 	 	 	 
	 	property:	1)lot21
    tpm 37158, dhs, 2)7804 s western, la,3)7808 s western,la 4)1222 w 62ndst, la	 
	 	 	 	 
	 	mailing
    address:	 	 
	 	 	 
	 	 	 	 
	 	TAX
    I.D. OR S/S	 	 

 

	telephone	 	BUS	 	email:	 

 

SILVER
ROCK FINANCIAL, INC

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

E-mail:
silverrock2008@aol.com

 

MORTGAGE
LOAN DISCLOSURE STATEMENT TO BORROWER

 

PACKAGE

 

	1.	TABLE
    OF CONTENTS
	 	 
	2.	NOTICE
    OF RIGHT TO CANCEL
	 	 
	3.	EFFECT
    OF RESCISSION AND/ OR NOTICE OF INTENT TO PROCEED
	 	 
	4.	THE
    HOUSING FINANCIAL DISCRIMINATION ACT OF 1977, FAIR LENDING NOTICE
	 	 
	5.	MORTGAGE
    LOAN DISCLOSURE STATEMENT TO BORROWER
	 	 
	6.	PAGE
    2 OF THE DISCLOSURES STATEMENT
	 	 
	7.	Z-
    STATEMENT, WITH THE “APR”
	 	 
	8.	ACKNOWLEDGEMENT
    OF TERMS AND CONDITIONS
	 	 
	9.	ACKNOWLEDGEMENT
    BY BORROWER OR DISCLOSURE OF TERMS OF LOAN
	 	 
	10.	CONSUMER
    CAUTION AND HOME OWNERSHIP COUNSELING
	 	 
	11.	SPECIAL
    NOTICE OF BALANCE DUE-TO BORROWER OF INTEREST ONLY LOAN
	 	 
	12.	ALL
    AGREEMENTS AND UNDERSTATNDINS TO BE IN WRITING
	 	 
	13.	ADDENDUM
    TO STATE MORTGAGE DISCLOSURE STATEMENT E-l

 

	beneficiary:
    	tbd	 

 

INSURANCE
REQ. $125.00 SQ, FT. X _______________ BLDG SQ. FT.

 

	PROPERTY
    VALUATION: 	$	 
	 	 	 
	GROSS
    LOAN AMOUNT: 	$	$200,000.00
	 	 	 
	LESS:
    LOAN COMMISION: 	$	$0.00
	 	 	 
	UNDERWRITING:
    	$	1,000.00
	 	 	 
	SET
    UP/WIRE FEE: 	$	399.00
	 	 	 
	WITHHOLDS:
    	$	8,660.00
	 	 	 
	OTHER:
    	$	0
	 	 	 
	NET
    FUNDING:	$	$191,340.00

 

    	1

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

NOTICE
OF RIGHT TO CANCEL

 

	name(s)
    of customer(s)	yourist
	 	 
	type
    of loan	blanket
    2nd and 3rd

 

	amount
    of loan	200,000.00	$	$200,000.00

 

NOTICE
TO CUSTOMER REQUIRED BY FEDERAL LAW

 

You
have entered into a transaction on oct 12, 2017 which may result in a lien, mortgage, or other security interest on your
home. You have a legal right under federal law to cancel this transaction, if you desire to do so, without any penalty or obligation
within three business days from the above date or any later date on which all material disclosures required under the Truth in
Lending Act have been given to you. If you so cancel the transaction, any lien, mortgage, or other security interest on your home
arising from this transaction is automatically void. You are also entitled to receive a full refund of any down payment or other
consideration if you cancel.

 

If
you decide to cancel this transaction you may do so by notifying:

 

Silver
Rock Financial, Inc.

2476
Overland Avenue, Suite #203

Los
Angeles, Ca. 90064

Tel:
310-842-8234 Fax: 310-838-2138

 

by
mail or telegram sent no later than midnight of oct 18, 2017 (3 business days
after date of receipt of this notice).

 

You
may also use any other form of written notice identifying the transaction if it is delivered to the above address not later than
that time. This notice may be used for that purpose by dating and signing below.

 

“I
hereby cancel this transaction.”

 

	Date:	 		By:	 	 
	 	 	 	 	 	 
	 	 		By:	 	 

 

Acknowledgement
of Receipt

 

“I
hereby acknowledgement receipt of TWO copies of the foregoing Notice of Right to Cancel.”

 

	Date: 	10-12-17	 	By: 	
	 	 	 	 	 
	 	 	 	By:	

 

    	2

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

EFFECT
OF RESCISSION

 

When
a customer exercises his/ her right to rescind, s/he is not liable for any finance or other charge, and any security interest
becomes void upon such a rescission. Within 10 days after receipt of a notice of rescission, the creditor shall return to the
customer any money or property given as earnest money, down payment, or otherwise, and shall take any action necessary or appropriate
to reflect the termination of any security interest created under the transaction. If the creditor has delivered any property
to the customer, the customer may retain possession of it. Upon the performance of the creditor’s obligations under this
section, the customer shall tender the property to the creditor, except that if return of the property in kind would be impracticable
or inequitable, the customer shall tender its reasonable value. Tender shall be made at the location of the property or at the
residence of the customer, at the option of the customer. If the creditor does not take possession of the property within 10 days
after the tender by the customer, ownership of the property vests in the customer without obligation on his part to pay for it.

 

NOTICE
OF INTENT TO PROCEED

 

I
hereby certify that I have elected not to cancel or rescind the transaction referred to on the previous page and that I have not
delivered, mailed, or filed for transmission by telegram to the Creditor, any notice of cancellation or rescission of that transaction.

 

	Date: 	10-12-17	 	By: 	
	(date and mail or deliver no sooner than 3 	 	 	 
	business days after date of receipt)	 	By:	

 

    	3

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

THE
HOUSING FINANCIAL DISCRIMINATION ACT OF 1977 FAIR LENDING NOTICE

 

It
is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of:

 

	 	1.	Trends,
    characteristics of conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial
    institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business
    practice: Or
	 	 	 
	 	2.	Race,
    color, religion, sex, marital status, national origin, or ancestry.

 

It
is illegal to consider the racial, ethnic, religious, or national origin composition of a neighborhood or geographic are surrounding
a housing accommodation or whether or not such a composition is undergoing change, or is expected to undergo change, in appraising
a housing accommodation or in determining whether or not, or under what terms and conditions, to provide financial assistance.

 

These
provisions govern financial assistance for the purpose of purchase, construction, rehabilitation, or refinancing of one to four
unit family residences occupied by the owner and for the purpose of the home improvement of any one to four unit family residences.

 

If
you have any questions about your rights, or if you wish to file a complaint, contact the management of this financial institution
or:

 

California
Department of Real Estate

Los
Angeles

320
West 4th Street, Suite 350

Los
Angeles, CA 90013-1105

Phone
Number: (213) 620-2072

Fax
Numbers:

Enforcement:
(213) 620-6442

Legal:
(213) 576-6917

Subdivisions:
(213) 576-6942

 

Sacramento

2201
Broadway

Sacramento,
CA 95818-2500

 

		10-12-17	 		10-12-17
	Signature of applicant	Date	 	Signature of applicant	Date

 

	 	All applicants must sign

 

    	4

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

MORTGAGE
LOAN DISCLOSURE STATEMENT (BORROWER)

California
association of Realtors Standard Form

 

	I.	Summary
    of Loan Terms

 

	 	A.	Principal
    amount of loan	$	$200,000.00	 

 

	 	B.	Estimated
    deductions for principal amount

 

	 	1.	Costs
    and Expenses (see paragraph III-A)	$	 	 
	 	 	 	 	 	 
	 	2.	Origination
    loan fee (see paragraph III-B)	$	$0.00	 
	 	 	 	 	 	 
	 	3.	Liens
    and other amounts to be paid on authorization of borrower (see paragraph III-C)	$	8,660.00	 

 

	 	C.	Estimated
    cash payable to borrower (A less B) 	$	$191,340.00	 
	 	 	 	 	Less
    Title, Escrow and Taxes	 

 

	II.	General
    Information About Loan

 

	 	A.	If
    this loan is made, you will be required to pay the principal and interest at
    12.99%
    % per
    year, payable as follows: 59 monthly payments of $2,165.00 and
    FINAL/ BALLOON payment of * $   $202,165.00 to payoff the loan in
    full.
	 	 	 
	 	 	*
    caution to the borrower: If you do
    not have the funds to pay the balloon payment when due, it may be necessary for you to obtain a new loan against your property
    for this purpose, in which case you may be required to again pay commissions, fees and expenses for arranging a new loan.
    Keep this in mind in checking upon the amount and the terms of the loan that you obtain at this time.
	 	 	 
	 	B.	This
    loan will be evidenced by a promissory note and secured by a deed of trust in favor of lender/ creditor on property located
    at (street address or legal description):
	 	 	 
	 	 	1)lt
    21 tpm37158, dhs, 2) 7804 s western, la; 3) 7808 s western, la 4)1222 w 62nd st, la
	 	 	 
	 	 	_______________________________________________________________
	 	 	 
	 	C.	Liens
    against this property and the approximate amounts are:

 

	 	Nature
    of Lien	 	Amount
    Owing	 
	 	1)tbd
    and to be placed	 	700,000	 
	 	 	 	 	 
	 	2)cenlar
    & 3)celar	 	148,507
    & $148,475 & 700.000 (to be placed)	 
	 	 	 	 	 
	 	4)	 	$373,500 &
    $700,000 to be placed)	 

 

Caution
to Borrower: be sure that this amount of all liens is stated as accurately as possible. If you contract with the broker for this
loan, but it cannot be made or arranged because you did not state these lien amounts correctly, you may be liable to pay commissions,
fees, and expenses even though you did not obtain the loan.

 

	 	D.	If
    you wish to pay more than the scheduled payment at any time before it is due, you may have to pay a prepayment
    penalty computed as follows:
	 	 	 
	 	 	6
    MONTHS INTEREST or none 
	 	 	 
	 	E.	The
    purchase of credit life or credit disability insurance is not required of the borrower as a condition of making this loan.
	 	 	 
	 	F.	The
    real property which will secure the requested loan is an
    “owner-occupied dwelling.”* 

 

	 	YES
    [  ]	 	NO
    [X]	 	 

 

*An
“owner-occupied dwelling” means a single dwelling unit in a condominium or cooperative or a residential building of
less than three separate dwelling units, one of which will be owned and occupied by a signatory to the mortgage or deed of trust
for this loan within 90 days of the signing of the mortgage or deed of trust.

 

	Initials: 		 

 

	Initials: 		 

 

    	5

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476 OVERLAND AVENUE, SUITE #203

LOS
ANGELES, CA. 90064

TEL: 310-842-8234 FAX: 310-838-2138

 

	III.	Deductions from loan proceeds

 

	 	A.	Estimated maximum costs and expenses to be paid by borrower
out of the principal amount of the loan are:

 

	X
                                                                 	 	PAYABLE
    TO
	X
                                                                     	 	Broker	 	Others
	 	 	 	 	 
	1.
    Appraisal fee	 	 	 	 
	2.
    Escrow fee	 	 	 	 
	3.
    Fees for policy of title insurance	 	 	 	 
	4.
    Notary fees	 	 	 	 
	5.
    Recording fees	 	 	 	 
	6.
    Credit Investigation fees	 	 	 	 
	7.
    Other Costs and Expenses:	 	 	 	 

 

	UNDERWRITING
    FEE	$	 	 	 
	SET
    UP/WIRE FEE	$	 	 	 
	 	 	 	 	 
	TOTAL
    COSTS AND EXPENSES.	$		 	 

 

	 	B.	ORIGINATION LOAN FEE
                                                          $	$ 0.00
	 	 	 	 
	 	C.	LIENS AND OTHER AMOUNTS to be paid out of the principal amount of the loan on authorization of the borrower are estimated to be as follows:

 

	X                                                       	 	PAYABLE TO
	X                                                       	 	Broker	 	Others
	 	 	 	 	 
	1. Fire or other property insurance premiums (for lyear fire ins.)	 	 	 	 
	2. Credit life or disability insurance premium
    (see paragraph II-E)	 	 	 	 
	3. Beneficiary statement fees	 	 	 	 
	4. Reconveyance and similar fees	 	 	 	 
	5. Liens against property securing loan:	 	 	 	 
	-Reinstate 1st Trust Deed	 	Approximate
    Amount	 	 
	-Pay-off 2 Trust Deed	 	Approximate
    Amount	 	 
	6. Other: 4 Months payments	 	 	 	8,660.00
	Type “H” TAX Service 	 	 	 	 

 

total
to be paid on authorization of borrowers $ 8,660.00                                              

 

If
the loan to which this disclosure statement applies is a loan secured by a first deed of trust in a principal amount of less than
$20,000,00 or a loan secured by a junior lien in a principal amount of less than $10,000.00 the undersigned certifies that the
loan will be made in compliance with Article 7 Chapter 3 of the Real Estate Law.

 

*This
loan may / 1X_ will/‘will NOT (check one) be made wholly or in part from broker-controlled funds as defined in Section
10241(j) of the Business and Professions Code.

 

*NOTICE
TO BORROWER: This disclosure statement may be used if the broker is acting as an agent in arranging the loan by a third person
or if the loan will be made with funds owned or controlled by the broker. The broker must indicate in the above statement whether
the loan “may” be made out of broker-controlled funds. If the broker-controlled funds are then used to make this loan,
the broker must notify the borrower of that fact before the close of escrow.

 

	SILVER
    ROCK FINANCIAL. INC	 	RONALD
    PERLSTEIN
	(Name
    of Broker)	 	(Name
    of Designated Representative)
	 	 	 
	01844637	 	00466624
	(License
    Number)		(License
    Number)
	 	OR	 
	 	 	 
	(Signature
    of Broker)	 	(Signature
    of Broker)

 

NOTICE
TO BORROWER

DO
NOT SIGN THIS STATEMENT UNTIL YOU HAVE READ AND UNDERSTOOD ALL OF THE INFORMATION IN IT. ALL PARTS OF THE FORM MUST BE COMPLETED
BEFORE YOU SIGN.

 

Borrower
hereby acknowledges the receipt of a copy of this statement

 

	DATED:	10-12-17	 	
	 	 	 	(Borrower)
	 	 	 	 
	 	 	 	
	 	 	 	(Borrower)

 

    	6

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

	10/12/17	 	yourist	 	l)
    lt21 lpm37158, dhs, 2) 7804 s western,  la 3) 7806 s western,  la, 4)1222 w 62nd s la
	Date	 	Borrower(s)
    Name	 	Address

 

	ANNUAL

                                                                             PERCENTAGE

                                                                             RATE

                                                                             The cost of
                                                                             your

                                                                             credite at
                                                                             yearly rate.
	 	FINANCE

                                                                             CHARGE

                                                                             The dollar amount

                                                                             the credit will cost

                                                                             you.
	 	AMOUNT

                                                                             FINANCED

                                                                             The amount of

                                                                             credit provided to

                                                                             you or on your behalf 
	 	TOTAL OF

                                                                             PAYMENTS

                                                                             The amount you

                                                                             will have paid after you

                                                                             have made all your

                                                                             payments as scheduled.

	 	 	 	 	 	 	 
	12.99 %	 	$129,900.00	 	$200,000.00	 	$329,900.00

 

You
have the right to receive an itemization of the Amount Financed. X

I
want an itemization. I  do not want an itemization. Your payment schedule will be:

 

	Number
    of Payments	 	Amount
    of Payments	 	When
    Payments Are Due
	59	 	2,165.00	 	Beginning
    30 days from date of funding and continuing monthly thereafter.
	1	 	202,165.00	 	5
    years from date of funding.

 

INSURANCE

 

Credit
life insurance and credit disability insurance are not required to obtain credit, and will not be provided unless you sign and
agree to pay the additional cost.

 

	Type
    	 	Premium	 	Signature
	Credit
    Life	 	I
    want credit life insurance. Signature
	Credit
    Disability	 	I
    want credit life disability insurance. Signature
	Credit
    Life and Disability	 	I
    want credit life and disability insurance. Signature

 

SECURITY:
You are giving a security interest in your property (dwelling) located at:. Same as above

 

FILING
FEES: $_____________

 

LATE
CHARGE: If a payment is late, you will be charged $ $216.50 

 

**Payment
is considered late if not received by the 10lh day after due date

Prepayment:
If you pay off early, you- may [X] will not be entitled to a refund of part of the finance charge.

 

PAYOFF
OF LOAN: BORROWER UNDERSTANDS THE PAYOFF FEES WILL BE APPROX. $350.00. Lender will also charge interest to date of payoff plus
3 business days. The payoff fees will be added to the demand and will be in addition to principal, interest, late charges, advances,
prepayment penalties; these fees will vary.

 

See
your contract documents for any additional information about nonpayment, default, and any required repayment in full before the
scheduled date, and prepayment refunds and penalties

 

I
have received a copy of this statement.

 

		 	
	Signature (Borrower)	 	Signature (Borrower)
	 	 	 	 	 
	Date 	10-12-17	 	Date 	10-12-17

 

    	7

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

Broker
and Agent for the undersigned, for the purpose of obtaining a Real Property Loan

 

In connection with my/ our property known as:

 

1)
lt 21 tpm37158, dhs, 2) 7804 s western, la; 3) 7808 s western, la 4) 1222 w 62nd st, la

 

 

I
/We hereby appoint you as my/ our agent and broker, granting you the exclusive and irrevocable right, for a period of 30 days,
to procure a banket 2nd and 3rd Trust Deed Loan, in the amount of $       $200,000.00          .

 

Interest
                                         rate: 12.99%.                            [X]Fixed                 
                                         [  ]Variable___________.

 

 

Payable
in installments off [X] interest only or [  ] principal and interest in the amount of $2,165.00    /
month with interest from date of funding, first payment due 30-days after date of funding and monthly thereafter for a
term of 5 years, at which time the principal balance shall be due and payable unless previously paid.

 

I/
We agree to pay a brokers commission of $      $0.00       
for obtaining this loan and should a different type of loan, either in amounts or terms be obtained, I/ We further
agree to pay a brokers commission at the same proportionate rate.

 

I/
We agree to pay all the title, escrow and recording charges. If you will obtain this loan, I/ We agree to accept it and will
furnish good title.

 

I/
We further agree that should I/ We cancel or refuse this loan after Silver Rock Financial, Inc./ Daniel Perlstein has obtained
the same, I/ We will remain obligated for Silver Rock Financial, Inc./Daniel Perlstein commission as a broker-agent.

 

BROKERS,
LENDERS AND ASSIGNEES HAVE THE RIGHT TO CHECK THE BORROWER(S) CREDIT & 4506 TAXES AT ANY TIME WITHOUT FURTHER PERMISSION FROM
THE BORROWER(S).

 

Receipt
of copy of this agreement is acknowledged.

 

	Date: 
	10-12-17

                                                                                
	 	By: 	
		 	 	 
	 	 	 	

 

    	8

     

    

 

SILVER
ROCK FINANCIAL, INC

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

ACKNOWLEDGEMENT
BY BORROWER OF DISCLOSURE OF TERMS OF LOAN

 

The
undersigned hereby acknowledge that they have read and understood the terms of the following comments in connection with the loan
which is being made to them:

 

1.
Note secured by Deed of Trust dated______________________ 

2.
Deed of Trust dated________________________________

3.
Mortgage Loan Disclosure Statement dated_________ 

4.
Loan Statement made in Compliance with Federal Law dated_______

 

The
undersigned also acknowledges that I/ we understand the details and the terms of this loan and, in particulars following terms
of loan.

 

	 	X
    _____________________
	 	X______________________

 

Following
terms of the loan:

 

1.
Principal amount:$200,000.00

2.
Rate of Interest:12.99%

3.
Date first payment due: 30 DAYS AFTER DATE OF FUNDING

4.
Due date of each payment: AND MONTHLY THEREAFTER
ON SAME DAY OF EACH MONTH

5.
Amount of each payment: 2,165.00

6.
Total of payments: $329,900.00

7.
Loan or Initiation fee: $0.00

8.
Costs and expenses: $1,399

9.
Estimated loan proceeds payable to borrower:$191,340.00

Before
title, escrow, takes, liens and authorized payoffs $200,000.00

 

The
undersigned fully understands the provisions of the promissory note which relate to the pre-payment penalty and the late charges.

 

	Dated: 	10-12-17	 

 

	Borrower: 	/s/ David
    Yourist	 	Borrower: 	 
	 	 	 	 	 
	Borrower:	/s/ Luise Yourist	 	Borrower:	 

 

    	9

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

CONSUMER
CAUTION AND HOME OWNERSHIP COUNSELING NOTICE

 

If
you obtain this loan, the lender will have a mortgage on your home. You could lose your home, and any money you have put into
it, if you do not meet your obligations under the loan.

 

Mortgage
loan rates and closing costs and fees vary based on many other factors, including your particular credit and financial circumstances,
your earnings history, the loan-to-value requested, and the type of property that will secure your loan. Higher rates and fees
may be justified depending on the individual circumstances of a particular consumer’s application. You should shop around
and compare loan rates and fees.

 

This
particular loan may have a higher rate and total points and fees than other mortgage loans and is, or may be, subject to the additional
disclosure and substantive protections under Division 1.6 (commencing with Section 4970 if the Financial Code). You should consider
consulting a qualified independent credit counselor or other experienced financial adviser regarding the rate, fees, and provisions
of this mortgage loan before you proceed. For information on contacting a qualified credit counselor, as your lender or all the
United States Department of Housing and Urban Development’s counseling hotline at 1-888-466-3487 or go to www.hud.gov/fha/sfh/hcc
for a list of counselors.

 

You
are not required to complete any loan agreement merely because you have received these disclosures or have signed a loan application.

 

If
you proceed with this mortgage loan, you should also remember that you may face serious financial risks if you use this loan to
pay off credit card debts and other debts in connection with this transaction and then subsequently incur significant new credit
card charges or other debts. If you continue to accumulate debt after this loan is closed and then experience financial difficulties,
you could lose your home and any equity you have in it if you do not meet your mortgage loan obligations.

 

Property
taxes and homeowner’s insurance are your responsibility. Not all lenders provide escrow services for these payments. You
should ask your lender about these services.

 

Your
payments on existing debts contribute to your credit ratings. You should not accept any advice to ignore your regular payments
to your existing creditors.

 

(2)
It shall be a rebuttable presumption that a licensed person has met its obligation to provide this disclosure if the consumer
provides the licensed person with a signed acknowledgment of receipt of a copy of the notice set forth in paragraph (1).

 

(m)
(1) A person who originates a covered loan shall not steer, counsel, or direct any prospective consumer to accept a loan product
with a risk grade less favorable than the risk grade that the consumer would qualify for based on that person’s then current
underwriting guidelines, prudently applied, considering the information available to that person, including the information provided
by the consumer.

 

A
person shall not be deemed to have violated this section if the risk grade determination applied to a consumer is reasonably based
on the person’s underwriting guidelines if it is an appropriate risk grade category for which the consumer qualifies with
the person.

 

(2)
If a broker originates a covered loan, the broker shall not steer counsel, or direct any prospective consumer to accept a loan
product at a higher cost than that for which the consumer could qualify based on the loan products offered by the persons with
whom the broker regularly does business.

 

(n)
A person who originates a covered loan shall not avoid, or attempt to avoid, the application of this division by doing the following:

 

(1)
Structuring a loan transaction as an open-end credit plan for the purpose of evading the provisions of this division when the
loan would have been a covered loan if the loan had been structured as a closed end loan.

 

(2)
Dividing any loan transaction into separate parts for the purpose of evading the provisions of this division when the loan would
have been a covered loan if the loan had been structured as a closed end loan.

 

(o)
A person who originates a covered loan shall not act in any manner, whether specifically prohibited by this section or of a different
character that constitutes fraud.

 

	Initials: 		 

 

	Initials: 		 

 

    	10

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

INTEREST
ONLY STATEMENT

 

Dear
Borrower:

 

Because
you have applied for an “INTEREST ONLY” loan, in addition to the monthly payments required, In 60 months, the
entire principal sum will be due. If you have not refinanced or sold the secured property by the die date, and unless you have
set aside funds with which to pay the principal, you may be required to refinance the property again in order to raise the money
to pay off the loan for which you have applied. We strongly urge you to set aside, periodically, funds from which to pay off the
loan at its due date. At the end of the term there will be an approximate balance of $202,165.00
_due.

Please
sign the enclosed copy of this letter, where indicated, and return it to us.

 

Very
Truly Yours,

 

	By:	yourist	 

 

I
Acknowledge receipt of the above this 12th dav of oct, 2017.

 

	Borrower: 		 
	 	 	 
	Borrower:		 

 

    	11

     

    

 

SILVER
ROCK FINANCIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

ALL
AGREEMENTS AND UNDERSTANDINGS TO BE IN WRITING

 

We
are very pleased to be completing the final papers on your loan. It is important to us, as it is to you, to be sure we both have
a clear understanding of our agreement.

 

This
is why SILVER ROCK FINANCIAL, INC. has the policy not to enter into oral agreements
concerning loans, or to make or rely on oral representation about them.

 

Therefore,
with respect to the present loan on the property at:

 

1)
lt 21 tpm37158, dhs, 2) 7804 s western, la; 3) 7808 s western, la 4) 1222 w 62nd st, la

 

 

 

we
understand that our entire agreement is expressed in writing, that the agreement supersedes and understanding that may have been
expressed in our negotiations, and that neither you nor we are relying on any oral agreement or representation or any understanding
of fact or law that is not expressed in writing.

 

It
is also our intent during the course of the loan not to make any oral statements upon which you are to rely nor to rely on any
oral statements by you.

 

As
you can see, this policy protects both of us. Please sign in the place provided below to indicate that your understanding is the
same as ours.

 

	Dated:
    10/12/17	By:	yourist
	 	 	 
	 	Borrower: 	
	 	 	 
	 	Borrower:	

 

    	12

     

    

 

SILVER
ROCK FINACIAL, INC.

2476
OVERLAND AVENUE, SUITE #203

LOS
ANGELES,CA. 90064

TEL:
310-842-8234 FAX: 310-838-2138

 

AN
ADDENDUM TO STATE MORTGAGE DISCLOSURE STATEMENT

 

ADDENDUM
E-l

 

This
loan may be made wholly or in part from broker-controlled funds are defined in Section 10241 (J) of the Business and Professions
Code.

 

NOTICE
TO BORROWER: This disclosure statement may be used if the broker is acting as an agent in arranging the loan by a third person
or if the loan will be made with funds owned or controlled by the broker. If the broker indicates in the above statement that
the loan “may” be made out of broker-controlled funds, the broker must notify the borrower prior to the close of escrow
if the funds to be received by the borrower are in fact broker-controlled funds.

 

		 	
	Borrower	 	Borrower

 

    	13EX-10.1

 EXHIBIT 10.1 

FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENT 

CBM BANCORP, INC. 
 2019
EQUITY INCENTIVE PLAN 
 This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect
to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of CBM BANCORP, INC. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A
copy of the Plan has been provided, or made available, to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of
the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (“Committee”) will be final, binding and
conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” will include the parent and all present and future
subsidiaries of the Company as defined in Section 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended from time to time (the “Code”). Capitalized terms used herein but not defined will have the same meaning as in
the Plan. 
  

	1.	 Name of Participant.
                     

  

	2.	 Date of Grant.
                     

  

	3.	 Total number of shares of Company common stock, $0.01 par value per share, that may be acquired pursuant to
this Option:                      

  

	 	•	 	 This is a Non-Qualified Stock Option. 

 

	4.	 Exercise price per share. $        

  

	5.	 Expiration Date of Option:
                     

  

	6.	 Vesting Schedule. Except as otherwise provided in this Agreement, this Option first becomes exercisable,
subject to the Option’s expiration date, in accordance with the vesting schedule specified herein provided that the Participant continues in the Service of the Company as of such Vesting Date, as follows: 

 

							
	 Vesting Date
	  	Vesting	 	Number of Options Vesting	 
	 June 30, 2023
	  	60%	 			
	 June 30, 2024
	  	20%	 			
	 June 30, 2025
	  	20%	 			

  

 This Option may not be exercised at any time on or after the Option’s expiration date. Vesting will
automatically accelerate pursuant to Sections 2.7 and 4.1 of the Plan (in the event of the death or Disability of the Participant or following a Change in Control). 
  

	7.	 Exercise Procedure. 

 

	 	7.1	 Delivery of Notice of Exercise of Option. This Option will be exercised in whole or in part by the
Participant’s delivery to the Company of written notice (the “Notice of Exercise of Option” attached hereto as Exhibit A) setting forth the number of shares with respect to which this Option is to be exercised, together
with payment by cash or other means acceptable to the Committee, including: 

  

	 	•	 	 Cash or personal, certified or cashier’s check in full/partial payment of the purchase price.

  

	 	•	 	 Stock of the Company in full/partial payment of the purchase price. 

 

	 	•	 	 By a net settlement of the Option, using a portion of the shares obtained on exercise in payment of the exercise
price of the Option (and, if applicable, any required tax withholding). 

  

	 	•	 	 By selling shares from my Option shares through a broker in full/partial payment of the purchase price.

  

	 	7.2	 “Fair Market Value” shall have the meaning set forth in Section 8.1 of the Plan.

  

	8.	 Delivery of Shares. 

 

	 	8.1	 Delivery of Shares. Delivery of shares of Common Stock upon the exercise of this Option will comply with
all applicable laws (including the requirements of the Securities Act) and the applicable requirements of any securities exchange or similar entity. 

  

	9.	 Change in Control. 

 

	 	9.1	 In the event of a Change in Control, all Options held by the Participant, whether or not exercisable at such
time, will become fully exercisable, subject to the expiration provisions otherwise applicable to the Option. 

  

	 	9.2	 A “Change in Control” will be deemed to have occurred as provided in Section 4.2 of the
Plan. 

  
 2 

	10.	 Adjustment Provisions. 

This Option, including the number of shares subject to the Option and the exercise price, will be adjusted upon the occurrence of the events specified in, and
in accordance with the provisions of Section 3.4 of the Plan. 
  

	11.	 Termination of Option and Accelerated Vesting. 

This Option will terminate upon the expiration date, except as set forth in the following provisions: 

 

	 	(i)	 Death. This Option will become exercisable as to all shares subject to an outstanding Award, whether or
not then exercisable, in the event of the Participant’s Termination of Service by reason of the Participant’s death. This Option may thereafter be exercised by the Participant’s legal representative or beneficiaries for a period of
one (1) year from the date of death, subject to termination on the expiration date of this Option, if earlier. 

  

	 	(ii)	 Disability. This Option will become exercisable as to all shares subject to an outstanding Award,
whether or not then exercisable, in the event of the Participant’s Termination of Service by reason of the Participant’s Disability. This Option may thereafter be exercised for a period of one (1) year from the date of such
Termination of Service by reason of Disability, subject to termination on the Option’s expiration date, if earlier. 

  

	 	(iii)	 Termination for Cause. If the Participant’s Service has been terminated for Cause, all Options that
have not been exercised will expire and be forfeited. 

  

	 	(iv)	 Other Termination. If the Participant’s Service terminates for any reason other than due to death
or Disability, or following a Change in Control or for Cause, this Option may thereafter be exercised, to the extent it was exercisable at the time of such termination of service, for a period of three (3) months following termination, subject
to termination on the Option’s expiration date, if earlier. 

  

	12.	 Miscellaneous. 

 

	 	12.1	 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on
which the individual fulfills all conditions for the exercise of such Option and the receipt of such Stock upon the exercise of such Option. 

  

	 	12.2	 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company
and the Participant. 

  
 3 

	 	12.3	 In the discretion of the Committee, a Non-Qualified Option granted
under the Plan may be transferable by the Participant, provided, however, that such transfers will be limited to Immediate Family Members of Participants, trusts and partnerships established for the primary benefit of such family members or to
charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 

  

	 	12.4	 This Agreement will be governed by and construed in accordance with the laws of the State of Maryland.

  

	 	12.5	 This Agreement is subject to all laws, regulations and orders of any governmental authority which may be
applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of Stock hereunder if the exercise thereof
or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof as determined by the Company.

 

	 	12.6	 The granting of this Option does not confer upon the Participant any right to be retained in the service of the
Company or any subsidiary. 

  

	 	12.7	 Subject to written consent by the Committee, the Participant shall have the right to direct the Company to
collect federal, state and local income taxes and the employee portion of FICA taxes (Social Security and Medicare) with respect to any Option, if applicable, in accordance with Section 7.8 of the Plan. Notwithstanding the foregoing, the
Company shall have the right to require the Participant to pay the Company the amount of any tax that the Company is required to withhold with respect to such exercise of the Option or the Company may retain or sell without notice, a sufficient
number of shares of Stock subject to the Option to cover the minimum amount required to be withheld under applicable law. 

[Signature Page to Follow] 

  
 4 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed in its name and on its behalf as of
the date of grant of this Option set forth above. 
  

			
	CBM BANCORP, INC.
		
	By:	 	 
	Its:	 	 

 PARTICIPANT’S ACCEPTANCE 

As of the date of grant of this Option set forth above, the undersigned hereby accepts the foregoing Option and agrees to the terms and conditions hereof,
including the terms and provisions of the 2019 Equity Incentive Plan. The undersigned hereby acknowledges receipt of a copy of the Company’s 2019 Equity Incentive Plan. 

 

	
	PARTICIPANT
	
	 

  
 5 

 EXHIBIT A 

NOTICE OF EXERCISE OF NON-QUALIFIED STOCK OPTION 

I hereby exercise the stock option (the “Option”) granted to me by CBM Bancorp, Inc. (the “Company”) or its affiliate, subject to all the
terms and provisions set forth in the Stock Option Agreement (the “Agreement”) and the CBM Bancorp, Inc. 2019 Equity Incentive Plan (the “Plan”) referred to therein, and notify you of my desire to purchase __________________
shares of common stock of the Company (“Common Stock”) for an aggregate purchase price of $______ per share. 
 I elect to pay the exercise price
by: 
  

	
	        Cash or personal, certified or cashier’s
check in the sum of $_______, in full/partial payment of the purchase price.

	
	        Stock of the Company with a fair market
value of $______ in full/partial payment of the purchase price.*

	
	        A net settlement of the Option, using a
portion of the shares obtained on exercise in payment of the exercise price of the Option (and, if applicable, any required tax withholding).

	
	        Selling ______ shares from my Option shares
through a broker in full/partial payment of the purchase price.

 I understand that after this exercise, ____________ shares of Common Stock remain subject to the Option, subject to all terms
and provisions set forth in the Agreement and the Plan. 
  

			
	____________, 20___.	  	_________________________________________________
	Date    	  	Participant’s signature

 *    If I elect to exercise an Option by exchanging shares I
already own, I will constructively return shares that I already own to purchase the new option shares. If my shares are in certificate form, I must attach a separate statement indicating the certificate number of the shares I am treating as
having exchanged. If the shares are held in “street name” by a registered broker, I must provide the Company with a statement attesting to the number of shares owned that will be treated as having been exchanged. I will keep the shares
that I already own and treat them as if they are shares acquired by the option exercise. In addition, I will receive additional shares equal to the difference between the shares I constructively exchange and the total new option shares that I
acquire. 
 BY THE COMPANY 
 Date Received:
___________________________________    Company Representative: _________________________________

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