Common use of My Representations and Covenants Clause in Contracts

My Representations and Covenants. I certify, represent to Lender, covenant and agree: I am experiencing a financial hardship, and as a result, (i) I am in default under the Loan Documents or my default is imminent, and (ii) I do not have sufficient income or access to sufficient liquid assets to make the monthly mortgage payments now or in the near future; One of the borrowers signing this Agreement lives in the Property as a principal residence, and the Property has not been condemned; There has been no impermissible change in the ownership of the Property since I signed the Loan Documents. A permissible change would be any transfer that the lender is required by law to allow, such as a transfer to add or remove a family member, spouse or domestic partner of the undersigned in the event of a death, divorce or marriage; I have provided documentation for all income that I receive (and I understand that I am not required to disclose child support or alimony unless I chose to rely on such income when requesting to qualify for the Home Affordable Modification Program (“Program”)); Under penalty of perjury, all documents and information I have provided to Lender in connection with this Agreement, including the documents and information regarding my eligibility for the Program, are true and correct; If Lender requires me to obtain credit counseling in connection with the Program, I will do so; and I have made or will make all payments required under a trial period plan.

My Representations and Covenants. I certify, represent to Lender, covenant and agree: I am experiencing a financial hardshiphardship due to COVID-19, and as a result, (i) I am in default under the Loan Documents or my default is imminent, and (ii) I do not have sufficient income or access to sufficient liquid assets to make the monthly mortgage payments now or in the near future; One If required under the Program by which I became eligible for this modification, one of the borrowers Borrowers signing this Agreement lives in the Property as a principal residence, and the Property has not been condemned; There has been no impermissible change in the ownership of the Property since I signed the Loan Documents. A permissible change would be any transfer that the lender is required by law to allow, such as a transfer to add or remove a family member, spouse or domestic partner of the undersigned in the event of a death, divorce or marriage; If required under the Program by which I became eligible for this modification, I have provided documentation for all income that I receive (and receive. I understand that I am not required to disclose child support or alimony unless I chose to rely on such income when requesting to qualify for the Home Affordable Modification Program (“Program”)); Under penalty of perjury, all documents and information that I have provided to Lender in connection with this Agreement, including the documents and information regarding my eligibility for the Program, are true and correct; If Lender requires me to obtain credit counseling in connection with the Program, I will do so; and If applicable, I have made or will make all payments required under a trial period plan or loan workout plan.