Documents to be Delivered to the Document Custodian After an Advance. Subject to Sections 3.2 and 3.3, within two (2) Business Days after the Purchase Date for any Participated Mortgage Loan, [[Organization B:Organization]] shall deliver or cause to be delivered to the Document Custodian all of the [[Organization C:Organization]] Document Deliverables for such Participated Mortgage Loan. [[Organization C:Organization]] reserves the right to require copies of any of the [[Organization C:Organization]] Document Deliverables for review prior to making any Advance for the purchase of a Participation Interest in any specific Mortgage Loan.

Documents to be Delivered to the Document Custodian After an Advance. Subject to Sections 3.2[Subsections (b) and 3.3,(c)])] of this Section, within two (2)five (5) Business Days after the Purchase Date for any Participated Mortgage Loan, [[Organization B:Organization]] shall deliver or cause to be delivered to the Document Custodian all of the [[Organization C:Organization]] Document Deliverables for such Participated Mortgage Loan. [[Organization C:Organization]] reserves the right to require copies of any of the [[Organization C:Organization]] Document Deliverables for review prior to making any Advance for the purchase of a Participation Interest in any specific Mortgage Loan.

DocumentsProcedure for Delivery of [[Organization C:Organization]] Document Deliverables. [[Organization B:Organization]] shall cause the [[Organization C:Organization]] Document Deliverables for each Participated Mortgage Loan to be Delivereddelivered directly to the Document Custodian After(and, in the event that the applicable Funding Recipient for such Participated Mortgage Loan is or is required hereunder to be an Advance. SubjectEscrow Agent, such [[Organization C:Organization]] Document Deliverables shall be delivered directly to Sections 3.2 and 3.3,the Document Custodian from escrow by the Escrow Agent for such Participated Mortgage Loan) within two (2) Business Days after the Purchase Date for anysuch Participated Mortgage Loan, unless otherwise expressly provided by [[Organization C:Organization]] in writing to [[Organization B:Organization]] shall deliver or causewith respect to be delivered to the Document Custodian all of thesuch Participated Mortgage Loan (it being understood that any such writing from [[Organization C:Organization]] Document Deliverables for suchshall only apply to the specific Participated Mortgage Loan. [[Organization C:Organization]] reserves the right to require copies of any of the [[Organization C:Organization]] Document Deliverables for review prior to making any Advance for the purchase of a Participation Interest in any specific Mortgage Loan.Loan referenced therein).

Documents#[[Organization B:Organization]] shall cause the [[Organization C:Organization]] Document Deliverables for each Participated Mortgage Loan to be: # delivered directly to [[Organization B:Organization]] (and, in the event that the applicable Funding Recipient for such Participated Mortgage Loan is or is required hereunder to be Deliveredan Escrow Agent, such [[Organization C:Organization]] Document Deliverables shall be delivered directly to [[Organization B:Organization]] from escrow by the Escrow Agent for such Participated Mortgage Loan); and # thereafter, delivered directly to the Document Custodian Afterby [[Organization B:Organization]] within five (5) Business Days after the Purchase Date for such Participated Mortgage Loan, unless otherwise expressly provided by [[Organization C:Organization]] in writing to [[Organization B:Organization]] with respect to such Participated Mortgage Loan (it being understood that any such writing from [[Organization C:Organization]] shall only apply to the specific Participated Mortgage Loan referenced therein). [[Organization B:Organization]] acknowledges and agrees that the foregoing arrangement (which allows for [[Organization B:Organization]], subject to Subsection # of this Section, to directly deliver to the Document Custodian the [[Organization C:Organization]] Document Deliverables within five (5) Business Days after the Purchase Date for the related Participated Mortgage Loan) is being made as an Advance. Subjectaccommodation to Sections 3.2[[Organization B:Organization]] and 3.3,that [[Organization C:Organization]] may, in its sole discretion, by providing written notice to [[Organization B:Organization]]: # terminate [[Organization B:Organization]]’s authorization to deliver directly to the Document Custodian any or all of the [[Organization C:Organization]] Document Deliverables; and # require that within # two (2) Business Days after the Purchase Date for any Participated Mortgage Loan, [[Organization B:Organization]] shall deliverany or cause to be delivered to the Document Custodian all of the [[Organization C:Organization]] Document Deliverables shall be delivered directly to the Document Custodian (and, in the event that the applicable Funding Recipient for such Participated Mortgage Loan. [[Organization C:Organization]] reserves the rightLoan is or is required hereunder to require copies of any of thebe an Escrow Agent, such [[Organization C:Organization]] Document Deliverables shall be delivered directly to the Document Custodian from escrow by the Escrow Agent for review prior to making any Advance for the purchase of a Participation Interest in any specificsuch Participated Mortgage Loan.Loan).