PennyMac Holdings, LLC 6101 Condor Drive Moorpark, California 93021 Focus: Pamela berlain Phone number: (805) 330-6059/ (818) 746-2877 E-mail: ******;

PennyMac Holdings, LLC 6101 Condor Drive Moorpark, California 93021 Focus: Pamela berlain Phone number: (805) 330-6059/ (818) 746-2877 E-mail: ******;

(b) Debtor HEREBY WAIVES Demonstration By the JURY. Debtor HEREBY IRREVOCABLY CONSENTS Into Personal Legislation Of any Legal Of one’s County Of new YORK, Or even in The usa Region Judge With the South Area Of new YORK, Developing Away from Otherwise Concerning the Financing Documents In just about any Step Or Continuing. Debtor HEREBY SUBMITS So you’re able to, And you can WAIVES One OBJECTION This may Need, Personal Personal Jurisdiction And you can Area On the Process of law Of Condition Of the latest YORK Plus the You District Courtroom Into South District Of brand new YORK, Regarding Any Problems Developing Regarding Or Per The borrowed funds Data.

(c) Borrower after that irrevocably consents on service regarding procedure of one of one’s the latter courts in almost any such as for instance step otherwise continuing of the the fresh new emailing out-of copies thereof of the installment loans online Pennsylvania entered or specialized mail, postage prepaid, in order to Debtor during the target set forth within the Point hereof.

Debtor as well as should provide to Lender a knowledgeable financial or accounting administrator for the true purpose of answering concerns valuing the brand new Property

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(d) Absolutely nothing herein should impact the correct out-of Bank so you can serve procedure in every most other manner enabled by law or even to start judge procedures if not go ahead up against Debtor in any almost every other legislation.

(e) Debtor waives the fresh new post of any bond otherwise necessary of Bank concerning any official procedure otherwise continuing in order to enforce one judgment and other judge acquisition entered in favor of Lender, or perhaps to impose from the specific efficiency, short term restraining order or original or long lasting injunction this Arrangement or any of the almost every other Financing Records.

Section Observes. Any and all notices (with the exception of Notice of Borrowings, which shall be delivered via facsimile only), statements, demands or other communications hereunder may be given by a party to the other by mail, email, facsimile, messenger or otherwise to the address specified below, or so sent to such party at any other place specified in a notice of change of address hereafter received by the other. All notices, demands and requests hereunder may be made orally, to be confirmed promptly in writing, or by other communication as specified in the preceding sentence.

Section Severability. Each provision and agreement herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement. In case any provision in or obligation under this Agreement, the Note or any other Loan Document shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.

Section Section Titles. The Article and Section headings in this Agreement are inserted for convenience of reference only and shall not in any way affect the meaning or construction of any provision of this Agreement.

PennyMac Loan Qualities, LLC 6101 Condor Drive Moorpark, California 93021 Appeal: Pamela berlain Contact number: (805) 330-6059/ (818) 746-2877 Age-mail: ******;

Section Counterparts. This Agreement may be executed in any number of counterparts and by the different parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.

Section Occasional Research Opinion. Borrower acknowledges that Lender has the right to perform continuing due diligence reviews with respect to Borrower and the Assets, for purposes of verifying compliance with the representations, warranties and specifications made hereunder, or otherwise, and Borrower agrees that upon reasonable (but no less than five (5) Business Day’s) prior notice unless an Event of Default shall have occurred, in which case no notice is required, to Borrower, Lender or its authorized representatives will be permitted during normal business hours, and in a manner that does not unreasonably interfere with the ordinary conduct of Borrower’s business, to examine, inspect, and make copies and extracts of, any and all documents, records, agreements, instruments or information relating to such Assets in the possession or under the control of Borrower. Without limiting the generality of the foregoing, Borrower acknowledges that Lender may make a Loan Advance related to any Assets from Borrower based solely upon the information provided by Borrower to Lender in the Asset Schedule and the representations, warranties and covenants contained herein, and that Lender, at its option, has the right at any time to conduct a partial or complete due diligence review on some or all of the Assets related to a Loan Advance. Borrower agrees to cooperate with Lender and any third party underwriter in connection with such underwriting, including, but not limited to, providing Lender and any third party underwriter with access to any and all documents, records, agreements, instruments or information relating to such Assets in the possession, or under the control, of Borrower.

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