LOST LOAN DOCUMENTS Clause Samples

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LOST LOAN DOCUMENTS. Upon receipt of an affidavit of an officer of LENDER as to the loss, theft, destruction or mutilation of the Revolving Note or any other security document which is not of public record, BORROWER will issue, in lieu thereof, a replacement Revolving Note or other security document in the same principal amount thereof and otherwise of like tenor.
LOST LOAN DOCUMENTS. In the event that any note or other Loan Document is lost, missing or otherwise not in the possession of Purchaser, Seller shall provide an executed assignment and a lost instrument affidavit in form and substance reasonably acceptable to Purchaser.