Loan Schedule

Loan Schedule. Means the loan schedules attached hereto as Schedule A and Schedule B setting forth as the Cut off Date the following information concerning each Loan as available: (a) the Transferor's loan or account number; (b) name and mailing address for each Obligor; -5- (c) original Principal Balance; (d) interest rate in effect; (e) stated maturity date and/or call date; (f) payment in effect; (g)... last payment date and next due date; (h) Principal Balance as of the Closing Date; (i) amount of late payment fees and other charges owing; (j) the last known street address of the location of tangible Loan Collateral; (k) a code indicating the type of Primary Loan Collateral, if any, securing the Loan and the priority of the related lien or security interest (e.g., first, second, etc. ); (l) the priority of the lien of the Primary Loan Collateral, and if the Loan is not secured by a first and prior lien or security interest in and to the Primary Loan Collateral, a reasonable estimate of the amount of indebtedness secured by the prior liens and security interests as reflected in the Loan Documents as of the Closing Date; (m) a code indicating whether the Loan bears a fixed rate of interest or an adjustable rate of interest, and in the case of adjustable rate Loans, the reset date, adjustment formula and the existence of caps, if any; (n) a code indicating if the Loan is in foreclosure; (o) a code indicating the attorney status (i.e., whether the Loan has been referred to an attorney, and if so, the name, address and telephone number of such attorney); (p) the amount of any past due real estate taxes, fees or charges with respect to the Mortgaged Property; (q) the annualized amount of all real estate taxes due and payable with respect to the Mortgaged Property; (r) a code indicating whether escrows for taxes, insurance or other charges are collected with respect to the Loan and the amount of any such escrows collected but not applied for their designated purposes; and (s) if such is the case, a code indicating that the Loan is not personally guaranteed by one or more guarantors; The Loan Schedule may be in the form of more than one list and/or schedule, collectively setting forth all of the information required. -6- View More

Loan Schedule. With respect to each Account, a schedule containing (i) a loan identification number, (ii) the name of the Borrower, (iii) the credit limit of the Account, and (iv) the outstanding principal balance of the Account.