(v) if, at the time of the first day of the appropriate month, a case of bankruptcy was pending from the otherwise from the Mortgagor, $;

(vi) in the event that, by the initial day of the appropriate few days, foreclosures procedures towards both the latest HELOC or an excellent lien features been commenced, $; otherwise,

(vii) if, by the original day of the appropriate day, new Mortgaged Property was an enthusiastic REO Assets, $.

The newest Servicer will likely be entitled to the next Supplementary Earnings and Almost every other Charges pertaining to HELOCs, which can be paid down of the Mortgagor unless expressed below:

In terms of for every HELOC, the brand new Collateral Document will include each of the following the products, originals or duplicates of which can be put by the Provider to help you Customer or Purchaser’s Caretaker because given lower than: