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

(b) Borrower HEREBY WAIVES Demo Because of the JURY. Debtor HEREBY IRREVOCABLY CONSENTS Towards the Exclusive Legislation Of every Court Of your State Of brand new YORK, Or in The united states District Courtroom Towards the Southern District Of the latest YORK, Occurring From Otherwise Concerning the Mortgage Records In every Step Otherwise Continuing. Debtor HEREBY SUBMITS So you can, And WAIVES Any OBJECTION It might Have to, Personal Personal Legislation And Venue About Process of law Of your Condition Of brand new YORK And All of us District Judge To your Southern Area Of the latest YORK, In terms of One Issues Arising From Or Based on The borrowed funds Documents.

(c) Borrower next irrevocably consents to the service of procedure for one of your aforementioned process of law in any such as for example action or continuing by this new mailing regarding copies thereof because of the joined otherwise specialized post, shipping prepaid service, in order to Borrower on target established inside the Area hereof.

Borrower also will make available to Financial an informed monetary otherwise bookkeeping manager for the purpose of reacting questions respecting the Assets

(d) Absolutely nothing here will impact the right out of Lender to serve processes in just about any other styles enabled by law or even start courtroom process if not proceed against Debtor in just about any most other legislation.

(e) Debtor waives brand new posting of every thread otherwise requisite from Bank regarding the one official process or proceeding to impose people view or any other legal buy joined and only Bank, or even to impose by the certain abilities, brief restraining order or first or long lasting injunction which Contract otherwise any of the other Mortgage Data files.

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 Characteristics, LLC 6101 Condor Drive Moorpark, Ca 93021 Attract: Pamela berlain Phone number: (805) 330-6059/ (818) 746-2877 E-mail: ******;

Section Competitors. 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 Review. Borrower acknowledges that Lender payday loan Greenville 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.