Common use of No Outstanding Charges Clause in Contracts

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Closing Date, and to Accredited's knowledge as of the Securitization Closing Dateother than payments due but not yet one month or more delinquent, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Originator has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither the Borrower nor the Qualified Originator from which the Borrower acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earliermore recent, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither the Borrower nor the Qualified Originator from which the Borrower acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither Seller nor the originator from which Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earliermore recent, to the day which precedes by one month the Due Date due date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither the Seller nor the Qualified Originator from which the Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxesTaxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither the Seller nor the Qualified Originator from which the Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Servicing Transfer Date, and except as described in paragraph (b) above with respect to Accredited's knowledge as of the Securitization Closing DateMortgage Loans identified on Schedule III-A, except for payments due but not yet 30 days delinquent, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Responsible Party has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Except for (A) payments in the nature of escrow payments and (B) interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier to the day which precedes by one (1) month the Due Date of the first installment of principal and interest, including, without limitation, taxes and insurance payments, the Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Except for (A) payments in the nature of escrow payments and (B) interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier to the day which precedes by one month the Due Date of the first installment of principal and interest, including, without limitation, taxes and insurance payments, the Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As Except in the case of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Datea Defaulted Loan, there are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither any Borrower nor the originator from which such Borrower acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest, including, without limitation, taxes and insurance payments, the Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;, including, without limitation, taxes and insurance payments, the Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither Seller nor the originator from which Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earliermore recent, to the day which precedes by one month the Due Date due date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As Except as set forth on Schedule III-A, except for payment defaults of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Dateless than one month, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Responsible Party has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one (1) month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of Except as set forth on the Cut-off Mortgage Loan Schedule delivered to the Purchaser by the Company on the Transfer Date, and to Accreditedthe Company's knowledge as of the Securitization Closing Date, Transfer Date there are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited As of the closing date for the Securitization Transaction (the "Securitization Closing Date"), except for (A) payments in the nature of escrow payments and (B) interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier to the day which precedes by one month the Due Date of the first installment of principal and/or interest, including, without limitation, taxes and insurance payments, the Company has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Servicing Transfer Date, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Closing Date, and to Accreditedthe Seller's knowledge as of the Securitization Closing Date, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, which Borrower and Mortgagor Customer are endeavoring and undertaking to cure or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Borrower has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the MortgagorMortgagor Customer, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As Except with respect to First NLC Mortgage Loans representing approximately 2.08% of the aggregate principal balance of First NLC Mortgage Loans as of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Servicing Transfer Date, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with (i) the terms of the Mortgage, and (ii) all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents rents, and (A) taxes due as of the closing date of the Mortgage Loans, and (B) to the best of the Seller's knowledge, taxes due after the closing date of the Mortgage Loans, in each case, which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing DateOther than payments due but not yet thirty (30) days or more delinquent, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or paid provided an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Except for (A) payments in the nature of escrow payments and (B) interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier to the day which precedes by one (1) month the Due Date of the first installment of principal and interest, including, without limitation, taxes and insurance payments, the Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As Except as described in paragraph (b) above with respect to approximately 0.31% of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing DateMortgage Loans, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Responsible Party has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interestScheduled Payment;

No Outstanding Charges. As of the Cut-off Date, and Other than with respect to Accredited's knowledge as of the Securitization Closing Datea Xxxxxx Xxx Modified Loan, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paidpaid or are not delinquent, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Other than with respect to a Xxxxxx Mae Modified Loan, Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one (1) month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the Cut-off Date, and Other than with respect to Accredited's knowledge as of the Securitization Closing Datea Xxxxxx Mae Modified Loan, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Other than with respect to a Xxxxxx Xxx Modified Loan, Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As With respect to each Ownit Mortgage Loan, except for payment defaults of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Dateless than one month, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Ownit has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Ownit Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Ownit Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither Seller nor the originator from which Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date due date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or provided that, in the instance of taxes and/or insurance premiums, this representation will be considered satisfied to the extent that an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited No Person, including any Seller, has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interestinterest thereunder;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither any Borrower nor the Qualified Originator from which the Borrower acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earliermore recent, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the Mortgage, and and, other than with respect to Second Lien Loans, all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paidpaid or are not delinquent, or an escrow of funds (for Loans other than Cooperative Loans) has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payablepayable and delinquent. Accredited Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan (other than a Second Lien Loan), except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the CutExcept with respect to Non-off Date, Performing Mortgage Loans and to Accredited's knowledge as of the Securitization Closing DateDefaulted Mortgage Loans, there are no defaults in complying with the terms of the Mortgagemortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagormortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note mortgage note or date of disbursement of the Mortgage Loan proceeds, whichever is earliergreater, to the day which precedes by one month the Due Date due date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage (other than a delinquency of less than 30 days) and to the best of Option One's knowledge as of the Closing Date, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Option One has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off DateAll taxes, and to Accredited's knowledge as of the Securitization Closing Dateground rents, there are no defaults in complying with the terms of the Mortgagewater charges, and all taxessewer rents, governmental assessments, municipal charges, insurance premiums, waterleasehold payments, sewer and municipal chargesincluding assessments payable in future installments or other outstanding charges affecting the related Mortgaged Property, leasehold payments or ground rents in each case which previously became due and owing owing, have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Except with respect to buydown loans, Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any principal and/or interest amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlierlater, to the day which precedes by one month [***] the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither any Seller nor the Qualified Originator from which any Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one (1) month the Due Date of the first installment of principal and interest;and/or interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage (other than a delinquency of less than 30 days) and to the best of the Company's knowledge on the Closing Date, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited No Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Servicing Transfer Date, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited As of the Servicing Transfer Date, the Depositor has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the related Due Date of the first installment of principal and interest, including, without limitation, taxes and insurance payments, the Depositor has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan;

No Outstanding Charges. As of Except as set forth on the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Daterelated Mortgage Loan Schedule,, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there are There is no defaults default in complying with the terms of the MortgageMortgage which creates a first lien in the Mortgaged Property, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paidpaid or for any Mortgage Loan for which an escrow of funds is required by applicable law or is required under the terms of the Mortgage Loan, or such an escrow of funds has been established in an and the appropriate amount sufficient to pay for every such item which remains unpaid and which of monies has been assessed but is not yet due and payablecollected. Accredited Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by from a party other than the MortgagorBorrower, directly or indirectly, for the payment of any amount required under by the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlierlater, to the day which precedes by one month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the Cut-off Date, and Except with respect to Accredited's knowledge as of the Securitization Closing Datetwo (2) Mortgage Loans that are more than 30 days but less than 60 days delinquent, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither New Century nor any Affiliate has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As Except as set forth on Schedule IV-A, except for payment defaults of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Dateless than one month, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited The Responsible Party has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one (1) month the Due Date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and Other than with respect to Accredited's knowledge as of the Securitization Closing Datea Gxxxxx Mae Modified Loan, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Other than with respect to a Gxxxxx Mxx Modified Loan, Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither any Borrower nor the Qualified Originator from which any Borrower acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and Other than with respect to Accredited's knowledge as of the Securitization Closing Datea Xxxxxx Xxx Modified Loan, there are no defaults in complying with the terms of the Mortgage, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Other than with respect to a Xxxxxx Mae Modified Loan, Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid is delinquent and which has been assessed but is not yet due and payable. Accredited Neither the Seller nor the Qualified Originator from which the Seller acquired the Mortgage Loan has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one (1) month the Due Date due date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms ---------------------- of the MortgageMortgage relating to such Purchased Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or or, if any escrows have been established, an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the Mortgagor, directly or indirectly, for the payment of any amount required under the Purchased Mortgage Loan, except for the interest accruing from the date of the Mortgage Note or date of disbursement of the Purchased Mortgage Loan proceeds, whichever is earliergreater, to the day which precedes by one month the Due Date due date of the first installment of principal and interest;

No Outstanding Charges. As of the Cut-off Date, and to Accredited's knowledge as of the Securitization Closing Date, there There are no defaults in complying with the terms of the MortgageMortgage securing the Mortgage Loan, and all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, which Borrowers and Mortgagor Customer are endeavoring and undertaking to cure or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Borrower has not advanced funds, or induced, solicited or knowingly received any advance of funds by a party other than the MortgagorMortgagor Customer, directly or indirectly, for the payment of any amount required under the Mortgage Loan, except for interest accruing from the date of the Mortgage Note or date of disbursement of the proceeds of the Mortgage Loan proceedsLoan, whichever is earlier, to the day which precedes by one month the Due Date of the first installment of principal and interest;interest thereunder.

No Outstanding Charges. As of Except for matters which will not, in ---------------------- the Cut-off Dateaggregate, and to Accredited's knowledge as of the Securitization Closing Datehave a Material Adverse Effect on BM, there are no defaults in complying with the terms of the Mortgage, and all taxesTaxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or and ground rents which previously became due and owing with respect to any Collateral for which BM or BMM was responsible have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable. Accredited Neither BM nor BMM has not advanced funds, or induced, solicited or knowingly received any advance of funds by from a party other than the Mortgagorowner or an affiliate of such owner of the Mortgaged Property subject to the Mortgage, directly or indirectly, for the payment of any amount required under the Mortgage Loan, Loan Documents except for interest accruing from the date of the Mortgage Note or date of disbursement of the Mortgage Loan proceeds, whichever is earlier, to the day date which precedes by one month the Due Date due date of the first installment of principal and interest;, and except for customary application and related fees and any escrows or reserves required by the terms of the Loan Documents.