Common use of Complete as applicable Clause in Contracts

Complete as applicable. Required documentation: o For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances. o For escrow advances - complete payment history (to calculate advances from last positive escrow balance forward) o Other expenses - copies of corporate advance history showing all payments o REO repairs> $1500 require explanation o REO repairs >$3000 require evidence of at least 2 bids.