Common use of Direction of Funds Clause in Contracts

Direction of Funds. In connection with Lender’s obligations under the Repurchase Agreement, Lender hereby directs Mortgagor to disburse, by wire transfer, any and all payments to be made under or in respect of the Loan to the following account, for the benefit of JPMorgan: ABA # 000000000 Account # [ ] Attn: [Insert information regarding Depository Account] Acct Name: “Midland Loan Services, a Division of PNC Bank, National Association on behalf of [ ] for the benefit of JPMorgan Chase Bank, National Association, as Repurchase Agreement Buyer” This direction shall remain in effect unless and until JPMorgan has notified Mortgagor otherwise in writing.

Direction of Funds. In connection with LenderBorrower’s obligations under the Repurchase AgreementLoan, Lender hereby directs Mortgagor Borrower to disburse, by wire transfer, any and all payments to be made under or in respect of the Loan to the following account, for the benefit of JPMorgan: ABA # 000000000 Account # [ ] Attn: [Insert information regarding Depository Account] Acct Name: “Midland Loan Services, a Division of PNC Bank, National Association on behalf of [ ] Parlex 2 Finance, LLC for the benefit of JPMorgan Chase Bank, National Association, as Repurchase Agreement Buyer” This direction shall remain in effect unless and until JPMorgan has notified Mortgagor Borrower otherwise in writing.

Direction of Funds. In connection with LenderBorrower’s obligations under the Repurchase AgreementLoan, Lender hereby directs Mortgagor Borrower to disburse, by wire transfer, any and all payments to be made under or in respect of the Loan to the following account, for the benefit of JPMorgan: ABA # 000000000 [ ] Account # [ ] Attn: [Insert information regarding Depository Account] Acct Name: “Midland Loan Services, a Division of PNC Bank, National Association on behalf of [ [SERVICER] for the benefit of JPMorgan Chase Bank, National Association, as Repurchase Agreement Buyer” This direction shall remain in effect unless and until JPMorgan has notified Mortgagor Borrower otherwise in writing.

Direction of Funds. In connection with LenderBorrower’s obligations under the Repurchase AgreementLoan, Lender hereby directs Mortgagor Borrower to disburse, by wire transfer, any and all payments to be made under or in respect of the Loan to the following account, for the benefit of JPMorgan: ABA # 000000000 [____] Account # [ [____] Attn: [Insert information regarding Depository Account] Acct Name: “Midland Loan Services, a Division of PNC Bank, National Association on behalf of [ [SERVICER] for the benefit of JPMorgan Chase Bank, National Association, as Repurchase Agreement Buyer” This direction shall remain in effect unless and until JPMorgan has notified Mortgagor Borrower otherwise in writing.