PennyMac Holdings, LLC 6101 Condor Push Moorpark, Ca 93021 Appeal: Pamela berlain Phone number: (805) 330-6059/ (818) 746-2877 Elizabeth-mail: ******;

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PennyMac Holdings, LLC 6101 Condor Push Moorpark, Ca 93021 Appeal: Pamela berlain Phone number: (805) 330-6059/ (818) 746-2877 Elizabeth-mail: ******;

(b) Debtor HEREBY WAIVES Demo By JURY. Borrower HEREBY IRREVOCABLY CONSENTS For the Personal Legislation Of every Court Of State Of new YORK, Or even in The united states Region Court Into South District Of the latest YORK, Occurring Away from Or Regarding the Loan Data In every Action Or Proceeding. Borrower HEREBY SUBMITS In order to, And you will WAIVES People OBJECTION It might Need, Personal Individual Jurisdiction And you may Area In the Process of law Of State Of new YORK Plus the Us Section Legal To the Southern area Region Of new YORK, With regards to Any Conflicts Occurring From Otherwise According to The mortgage Files.

(c) Debtor after that irrevocably consents towards solution from procedure for people of the the latter process of law in almost any instance action or proceeding by brand new mailing of copies thereof from the joined or official mail, postage prepaid service, in order to Debtor in the address established into the Section hereof.

Borrower and will provide to Bank a knowledgeable monetary her explanation or bookkeeping officer for the purpose of reacting inquiries respecting brand new Assets

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(d) Nothing herein will change the proper of Lender to help you serve processes in every most other trends enabled legally or even to initiate judge proceedings or otherwise go ahead against Debtor in just about any most other jurisdiction.

(e) Debtor waives the fresh upload of every thread otherwise called for away from Financial concerning the one official techniques otherwise continuing so you can enforce one judgment or any other judge order inserted in support of Lender, or even demand by the specific results, temporary restraining order otherwise first otherwise long lasting injunction so it Agreement otherwise any of the other Mortgage Files.

Section Notices. Any and all notices (with the exception of Notice of Borrowings, which shall be delivered via facsimile only), statements, demands or other communications hereunder may be given by a party to the other by mail, email, facsimile, messenger or otherwise to the address specified below, or so sent to such party at any other place specified in a notice of change of address hereafter received by the other. All notices, demands and requests hereunder may be made orally, to be confirmed promptly in writing, or by other communication as specified in the preceding sentence.

Section Severability. Each provision and agreement herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement. In case any provision in or obligation under this Agreement, the Note or any other Loan Document shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.

Section Part Titles. The Article and Section headings in this Agreement are inserted for convenience of reference only and shall not in any way affect the meaning or construction of any provision of this Agreement.

PennyMac Loan Attributes, LLC 6101 Condor Drive Moorpark, Ca 93021 Attention: Pamela berlain Contact number: (805) 330-6059/ (818) 746-2877 Elizabeth-mail: ******;

Section Alternatives. This Agreement may be executed in any number of counterparts and by the different parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.

Section Periodic Homework Review. Borrower acknowledges that Lender has the right to perform continuing due diligence reviews with respect to Borrower and the Assets, for purposes of verifying compliance with the representations, warranties and specifications made hereunder, or otherwise, and Borrower agrees that upon reasonable (but no less than five (5) Business Day’s) prior notice unless an Event of Default shall have occurred, in which case no notice is required, to Borrower, Lender or its authorized representatives will be permitted during normal business hours, and in a manner that does not unreasonably interfere with the ordinary conduct of Borrower’s business, to examine, inspect, and make copies and extracts of, any and all documents, records, agreements, instruments or information relating to such Assets in the possession or under the control of Borrower. Without limiting the generality of the foregoing, Borrower acknowledges that Lender may make a Loan Advance related to any Assets from Borrower based solely upon the information provided by Borrower to Lender in the Asset Schedule and the representations, warranties and covenants contained herein, and that Lender, at its option, has the right at any time to conduct a partial or complete due diligence review on some or all of the Assets related to a Loan Advance. Borrower agrees to cooperate with Lender and any third party underwriter in connection with such underwriting, including, but not limited to, providing Lender and any third party underwriter with access to any and all documents, records, agreements, instruments or information relating to such Assets in the possession, or under the control, of Borrower.

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