Common use of Mortgage Loan Files Clause in Contracts

Mortgage Loan Files. 1. Seller shall cause the prior servicer or subservicer, as applicable, to deliver to Purchaser all mortgage loan files, working files and origination files 2 days prior to the Transfer Date. Berkadia encourages the transfer of loan documents in electronic format. If loan documents are to be sent electronically, please see Section G of these Transfer Instructions. If electronic format is not possible, file shipments are to be accompanied with an inventory listing itemizing the loan numbers and type of file contained in each box. Files will contain but not be limited copies of the following: · Mortgage Note · Loan Agreement (if applicable) · Recorded Mortgage/Deed of Trust with Legal Description · Mortgage Assignments · Title Insurance Policy · Any Modifications · All related UCC filings, continuations, amendments and assignments · Cash Management/Lockbox Agreements · Reserve/Escrow Agreements · Any correspondence or notices regarding ARM loans · Financial Statements · Property Inspections · Original Appraisal · Phase I environmental report · Paid real estate tax receipts · Current hazard insurance policies · Letters of Credit · Copies of any Lease · Copies of all current CREFC Operating Statement Analysis Reports and CREFC NOI Adjustment Worksheet