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The
remitter of this online
application specifically
acknowledge(s) and agree(s) that
(1) the loan requested by this
application will be secured by a
first mortgage or dead of trust
on the property described
herein; (2) the property will
not be used for any illegal or
prohibited purpose or me; (3)
all statements made in this
application are made for the
purpose of obtaining the loan
indicated herein; (4) occupation
of the property will be as
indicated above; (5)
verification or reverification
of any information contained in
the application may be made at
any time by the Lender, its
agents, successors and assigns,
either directly or through a
credit reporting agency, from
any source named in this
application, and the original
copy of this application will be
retained by the Lender, even if
the loan is not approved; (6)
the Lender, its agents,
successors and assigns will rely
on the information contained in
the application and I /We have a
continuing obligation to amend
and/or supplement the
information provided in this
application it any of the
material facts which I / We have
represented herein should change
prior to closing; (7) in the
went my/our payments on the loan
indicated this application
become delinquent, the Lender,
its agents, succession; and
assigns, my, in addition to a I
their other rights and remedies,
report my/our name(s) and
account information to a credit
reporting agency; (8) ownership
of the ban may be transferred to
successor or assign of the
Lender without notice to me
and/or the administration of the
loan account may be transferred
to an agent, successor or assign
of the Lender with prior notice
to me; (9) the Lender, its
agents, successors and assigns
make no representations or
warranties. express or implied.
to the Borrower(s) regarding the
property, the condition of the
property, or the value of the
Property.
Right to Receive Copy of
appraisal. I / We have the
right to a copy of the appraisal
re rt used in connection with
this application for credit To
obtain a copy, I / We must send
Lender a written request at the
mailing address Lender has
provided. Lender must hear from
me/us no later than 90 days
after Lender notifies me/us
about the action taken on this
application, or I / We withdraw
this application.
Certification I / We
certify that the information
provided in this application is
true and correct as of the date
set forth opposite my/our
signature(s) on this application
and acknowledge my/our
understanding that any
intentional or negligent
misrepresentation(s) of the
information contained in this
application my result in civil
liability and/or criminal
penalties including, but not
limited to, fine or imprisonment
or both under Title 18, United
States Code. Section 1001, at
seg. and liability for monetary
damages to:the Lender. its
agents, successors and assigns,
insurers and any other person
who may suffer any loss due to
reliance upon any
misrepresentation which I / We
have made on this application.
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