Balloon Mortgage Loans. No Mortgage Loan is a balloon mortgage loan that has an original stated maturity of less than seven (7) years.

Georgia Mortgage Loans. There is no Mortgage Loan that was originated on or after ​ that is a “high cost home loan” as defined under the Georgia Fair Lending Act.

Balloon Payment. The monthly payments of principal during the Amortization Period are lower than the amount needed to pay the loan in full by the Maturity Date. This means that on the Maturity Date, the Borrower will still owe some part of the principal. A single payment, called a “balloon payment”, equal to the unpaid part of the principal, plus any interest and other charges then due, must be paid by the Borrower on the Maturity Date. The Lender will have no obligation to refinance the Loan at that time. The Borrower will, therefore, be required to make payment out of other assets that the Borrower may own, or the Borrower will have to find a lender, which may be the Lender or some other lender, willing to lend the Borrower the money. If the Borrower refinances the Loan at maturity, the Borrower may have to pay some or all of the closing costs normally associated with a new loan, even if the Borrower obtains refinancing from the Lender.

Mortgage Loans as Described. The information set forth in the Mortgage Loan Schedule is complete, true and correct in all material respects.

Transfer of Mortgage Loans. The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by ​ are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction.

Mortgage. Borrowers shall have executed and delivered the Mortgage to the Bank in multiple recordable form counterparts as reasonably required by the Bank.

Mortgage. ​ shall have received a fully executed Mortgage, along with all other Real Estate Collateral Requirements, in form and substance satisfactory to ​, along with a title insurance policy pro forma, for the property of the ​ located in Bedford Heights, Ohio;

Representations Regarding Participated Mortgage Loans. Each Participated Mortgage Loan is in all respects in compliance with the provisions of the Warehouse Program Guide. Without limiting the generality of the foregoing, ​ hereby represents and warrants to ​ with respect to each Participated Mortgage Loan:

Whole Loan; Ownership of Mortgage Loans. Except with respect to a Mortgage Loan that is part of a Whole Loan, each Mortgage Loan is a whole loan and not a participation interest in a Mortgage Loan. Each Mortgage Loan that is part of a Whole Loan is a senior or pari passu portion of a whole loan evidenced by a senior or pari passu note. At the time of the sale, transfer and assignment to Depositor, no Mortgage Note or Mortgage was subject to any assignment (other than assignments to the Seller), participation or pledge, and the Seller had good title to, and was the sole owner of, each Mortgage Loan free and clear of any and all liens, charges, pledges, encumbrances, participations, any other ownership interests on, in or to such Mortgage Loan other than any servicing rights appointment, or similar agreement, any Other Pooling and Servicing Agreement with respect to a Non-Serviced Mortgage Loan and rights of the holder of a related Companion Loan pursuant to a Co-Lender Agreement. The Seller has full right and authority to sell, assign and transfer each Mortgage Loan, and the assignment to Depositor constitutes a legal, valid and binding assignment of such Mortgage Loan free and clear of any and all liens, pledges, charges or security interests of any nature encumbering such Mortgage Loan other than the rights of the holder of a related Companion Loan pursuant to a Co-Lender Agreement.

Mortgagor is required to make a payment of principal in an amount not less than the amount required by the REMIC Provisions.