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

(b) Debtor HEREBY WAIVES Demo From the JURY. Debtor HEREBY IRREVOCABLY CONSENTS On Exclusive Legislation Of every Judge Of one’s County Of brand new YORK, Or perhaps in The usa Area Legal Towards South Area Of brand new YORK, Arising Out-of Or Relating to the Mortgage Data files In every Step Otherwise Proceeding. Borrower HEREBY SUBMITS So you’re able to, And you will WAIVES Any OBJECTION It may Must, Private Personal Legislation And Area Regarding Courts Of your own State Of new YORK Together with United states District Legal With the Southern District Of brand new YORK, With respect to Any Disputes Developing From Or In accordance with The borrowed funds Data files.

(c) Borrower next irrevocably consents toward services out of means of people of the second process of law in just about any for example action otherwise continuing of the the brand new mailing away from copies thereof by the inserted otherwise specialized post, shipping prepaid service, so you’re able to Debtor within address set forth within the Point hereof.

Debtor together with shall make available to Financial an educated economic otherwise accounting officer with regards to answering concerns valuing new Property

(d) Nothing herein shall affect the proper off Lender so you’re able to serve procedure in virtually any almost every other manner let legally or even commence judge proceedings otherwise just do it up against Debtor in every other jurisdiction.

(e) Borrower waives new publish of every thread if you don’t required from Financial concerning one official procedure or proceeding to help you demand any wisdom or any other judge buy inserted and only Lender, or even to enforce from the certain show, short term restraining buy otherwise first or long lasting injunction it Agreement or all almost every other Loan Records.

Section Sees. 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 Headings. 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 Features, LLC 6101 Condor Drive Moorpark, California 93021 Desire: 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 Periodic Homework Comment. 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 urgent link, 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.