FNMA Form 4517

27
MORTGAGE LOAN DELIVERY PACKAGE TABLE OF CONTENTS FOLDER I ALL DELIVERY DOCUMENTS TO BE DELIVERED TO FANNIE MAE ASSET ACQUISITION AND CUSTODY: Fannie Mae Asset Acquisition and Custody Attention: Multifamily Certification and Custody 13150 Worldgate Drive Herndon, VA 20170 DUS DUS Preferred Delegation Plus Choice Refi (Old Loan #_______) In Place Refi (Old Loan #______) Mortgage-backed Security DUS Loan (except DUS Plus Loans) with Mezzanine Financing (from 3 rd -party or DUS Lender-affiliated mezzanine lender) Refi Plus Supplemental Loan (1 st Lien Loan # ________) Refi Plus Refinance Loan (Old Loan # ________) (Supplemental Loan # ________) Manufactured Housing Community Loans Seniors Housing DUS Supplemental Loan (1st lien loan #__________) DUS Split Loan: ( 1st lien - 2nd lien) Small Loan DUS PLUS Loans (see also Folder IV) Substitution Loan (First Delivery) Substitution Loan (Second Delivery) Bond/Credit Enhancements FHA Risk Sharing IDOT DUS ARM w/o Conversion DUS ARM w/Conversion DUS Structured ARM DUS DMBS Modified Risk Sharing Prior Approval Other _______________________ Property Name ___________________________ Property Address ___________________________ City, State, ZIP ___________________________ Fannie Mae Commitment No. ______________________ Pool No. (MBS) ______________________ Payee Code (Cash) ______________________ Borrower Name ___________________________ Warehouse Lender ______________________ Telephone (_____)________________ Fax Number (_____)________________ Multifamily Mortgage Loan Delivery Package - Form 4517 Page 1 Table of Contents 05-08 © 1997-2008 Fannie Mae

description

FNMA Form 4067. Fannie Mae mortgage promulgated instrument.

Transcript of FNMA Form 4517

Page 1: FNMA Form 4517

MORTGAGE LOAN DELIVERY PACKAGETABLE OF CONTENTS

FOLDER I

ALL DELIVERY DOCUMENTS TO BE DELIVERED TO FANNIE MAE ASSET ACQUISITION AND CUSTODY:Fannie Mae Asset Acquisition and CustodyAttention: Multifamily Certification and Custody13150 Worldgate DriveHerndon, VA 20170

DUS DUS Preferred Delegation Plus Choice Refi (Old Loan #_______) In Place Refi (Old Loan #______) Mortgage-backed Security DUS Loan (except DUS Plus Loans)

with Mezzanine Financing (from 3rd-party or DUS Lender-affiliated mezzanine lender)

Refi Plus Supplemental Loan (1st Lien Loan # ________)

Refi Plus Refinance Loan(Old Loan # ________)(Supplemental Loan # ________)

Manufactured Housing Community Loans

Seniors Housing DUS Supplemental Loan

(1st lien loan #__________) DUS Split Loan:

( 1st lien - 2nd lien) Small Loan DUS PLUS Loans (see also Folder IV) Substitution Loan (First Delivery) Substitution Loan (Second Delivery)

Bond/Credit Enhancements FHA Risk Sharing IDOT DUS ARM w/o Conversion DUS ARM w/Conversion DUS Structured ARM DUS DMBS Modified Risk Sharing Prior Approval Other _______________________

Property Name ___________________________Property Address ___________________________City, State, ZIP ___________________________

Fannie Mae Commitment No. ______________________Pool No. (MBS) ______________________Payee Code (Cash) ______________________

Borrower Name ___________________________ Warehouse Lender ______________________Telephone (_____)________________Fax Number (_____)________________

Lender representative to be contacted by Fannie Mae:Name ___________________________Address ___________________________City, State ___________________________

Lender Name ______________________Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

Lender's Counsel:Name ___________________________Firm ___________________________Address ___________________________City, State, ZIP ___________________________

Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

Fannie Mae should contact: Lender Lender’s Counsel for any Loan Document or Title Policy exceptions (Lender may check either or both boxes).

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 1Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 2: FNMA Form 4517

Property Name:

NOTE: PLEASE CHECK THE APPROPRIATE BOX BELOW IF DOCUMENT IS INCLUDED IN DELIVERY PACKAGE.

IncludedTab #

Document

Document Requirement

1 a. Mortgage Loan Delivery Package - Table of Contents (for Folders I-IV)b. Bailee Letter (if applicable)

CopyOriginal

2 a. Copies of all Loan Document waivers including (i) Lender-delegated waiver changes, (ii) sponsor/principal-specific negotiated changes, (iii) other delegated changes in accordance with Fannie Mae Change Guidelines, and (iv) Fannie Mae-issued template changes. Provide only Loan Document Change Exhibits. Include blackline or any non-standard agreements.

b. Legal Issues Closing Memo (required if Loan Documents are modified) and any other communications to or from Fannie Mae related to the above.

c. Copies of all other waivers and not included above.

Copies

3 Multifamily Note with all Schedules attached (use applicable published form) Original

4 a. Exceptions to Non-Recourse Guaranty (Form 4501) (if applicable) b. Payment Guaranty (Form 4502) (if any)c. Other Guaranty, Indemnification Agreement or Pledge Agreement (if any)

OriginalOriginalOriginal

5 Security Instrument: Multifamily Mortgage/Deed of Trust with all Exhibits attached Copy of recorded document

6 Assignment of Mortgage Copy of recorded document

7 Assignment of Collateral Agreements and Other Loan Documents (Form 4509)

Original

8 Collateral Agreementsa. Replacement Reserve and Security Agreement (Form 4506, 4506A, 4506B or

4506C) with all Exhibits attachedb. Completion/Repair and Security Agreement (Form 4505) (if applicable)c. Other _____________________ (if applicable)

Original

OriginalOriginal

9 Title Insurance Policy (with all endorsements, and copies of all non-utility easement exceptions to Title)

Executed duplicate original of policy and endorsements

10 Certificate of Borrower (Form 4518) Original or copy

11 a. Mortgage Loan Certificate/Loss Sharing Certificate

b. If applicable, one originally executed by all parties of the applicable version of the Modified Risk Supplement with completed Exhibit A Mortgage Loan Certificate of:

Form 4575.25 (Standard DUS 25% loss sharing)

Form 4575.50 (Standard DUS 50% loss sharing)

Form 4575.75 (Standard DUS 75% loss sharing)

Form 4575.CE25 (Credit Enhancement 25% loss sharing)

Form 4575.CE50 (Credit Enhancement 50% loss sharing)

Original

Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 2Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 3: FNMA Form 4517

Property Name:

IncludedTab #

Document

Document Requirement

Form 4575.CE75 (Credit Enhancement 75% loss sharing)

If modified risk sharing is approved by NAM for other than 25%, 50%, or 75%, Lender must request from the NAM a modified risk supplement form specially prepared for the agreed loss sharing percentage and include that form along with a blackline of that form marked to show changes against the 50% form.

12 Assignment of HAP Contract (if any)a HAP Contractb. Assignment of HAP Contract (Form 4519 or Form 4519-CE (Credit Enhancement))c. Section 8 HAP Contract Certification (Form 4537).d. Consent to Assignment of HAP Contract (Form 4536 or Form 4536-CE (Credit

Enhancement))

CopyOriginalOriginalOriginal

13 Tab reserved for future use.

14 Subordinate Financinga. Subordination Agreement (Form 4507 or Form 4503) (if applicable)

b. Subordinate Financing Certificate (Form 4540) (if applicable)c. Subordinate Note (if applicable)

Copy of recorded documentOriginalCopy

15 Beneficial Interest in Land Trust (if applicable)a. Assignment of Beneficial Interest in Land Trust b. Assignment of Assignment of Beneficial Interest in Land Trust

OriginalOriginal or copy of recorded, if recorded

16 Maximum Loans (if applicable)a. Letter of Credit (with form of Sight Draft)

(NOTE: See Instructions for Preparing Mortgage Loan Delivery Package, Folder I, Tab 16 Concerning Original Letters of Credit)

b. Letter of Credit Delivery Certification formc. Legal Opinion of Letter of Credit Issuer's Counseld. Confirming Letter of Credit (if applicable)e. Achievement Agreement (Form 4504)

Copy

CopyCopyCopyOriginal

17 Consolidation, Extension and Modification Agreement (New York) Copy of recorded document

18 Tab reserved for future use.

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 3Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 4: FNMA Form 4517

Property Name:

FOR CHOICE REFINANCE LOANS:

IncludedTab #

Document

Document Requirement

8 Agreement Regarding Collateral Agreements (with copies of executed Collateral Agreements attached from the original loan being refinanced) (Form 4513) (Place these documents at Folder I, Tab 8)

Original, with copies for Exhibits

19 General Certificate and Agreement of Borrower (Form 4514) Original

FOR IN PLACE LOANS:

IncludedTab #

Document

Document Requirement

5 In Place Modifications to Instrument (Form 4064 - required for loans with debt service coverage below 1.0) (Exhibit is part of the Security Instrument at Folder I, Tab 5)

Copy of recorded document

19 General Certificate and Agreement of Borrower (Form 4514) Original

FOR FHA RISK SHARING LOANS:

IncludedTab #

Document

Document Requirement

5 Risk Sharing Modifications to Instrument (Form 4060) (Exhibit is part of the Security Instrument at Folder I, Tab 5)

Copy of recorded document

11 Modified Risk Supplement to Loss Sharing Agreement (Form 4575.FHA) 1 Original fully executed by Lender and Fannie Mae

11 Mortgage Loan CertificateExhibit B to Modified Risk Supplement (Form 4575.FHA)

Original

20 Borrower's Certificate (Form 4525) Original

21 Addendum to Risk Sharing Agreement (Exhibit III-54) 2 Original

22 Risk Sharing Request Data Sheet (Exhibit III-55) 2 Originals

23 Evidence of Subsidy Layering Review Original

24 Waiver Allowing Modified Risk Treatment. (If applicable.) 1 Copy

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 4Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 5: FNMA Form 4517

Property Name:

FOR BOND/CREDIT ENHANCEMENTS:

IncludedTab #

Document

Document Requirement

11 Modified Risk Supplement to Loss Sharing Agreement with Mortgage Loan Certificate (Exhibit A) (Form 4575.25CE; 4575.50CE; or 4575.75CE)

1 Original fully executed by Lender and Fannie Mae

FOR DUS ARM LOAN CONVERSION:

IncludedTab #

Document

Document Requirement

25 Adjustable Rate Multifamily Note Modification Agreement (Form 4192) Original

26 Title Insurance Policy (with all endorsements, and copies of all non-utility easement exceptions to Title)

Original

27 Opinion(s) of Borrower's Counsel Original

28 Opinion(s) of Lender's Counsel - Amendment to Security Agreement Original

29 Multifamily ARM Conversion Underwriting Form (Exhibit XII-3) Original

FOR ANY SECOND LIEN LOANS:

IncludedTab #

Document

Document Requirement

5 Second Lien Modifications to Instrument (Form 4063 or 4603A) - Exhibit is part of the Security Instrument at Folder I, Tab 5

Copy of recorded document

FOR INDEMNITY DEED OF TRUST ("IDOT") LOANS:

IncludedTab #

Document

Document Requirement

3 Multifamily Note (Form 4121-IDOT) (Place document at Folder I, Tab 3) Original

3 Promissory Note (Form 4533) (Place document at Folder I, Tab 3) Original

4 Exceptions to Non-Recourse Guaranty (Form 4501.21-IDOT) (if applicable) (Place document at Folder I, Tab 4)

Original

4 Guaranty (Form 4502.21-IDOT) (Place document at Folder I, Tab 4) Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 5Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 6: FNMA Form 4517

Property Name:

IncludedTab #

Document

Document Requirement

4 Pledge Agreement (Form 4531) (Place document at Folder I, Tab 4) Original

4 Indemnification Agreement Regarding Taxes (Form 4532) (Place document at Folder I, Tab 4)

Original

5 Indemnity Deed of Trust (Form 4021-IDOT) (Place document at Folder I, Tab 5) Copy of recorded document

7 Assignment of Collateral Agreements and Other Loan Documents (Form 4509-IDOT) (Place document at Folder I, Tab 7)

Original

8 Replacement Reserve and Security Agreement (Form 4506-IDOT, Form 4506A-IDOT or Form 4506B-IDOT) (Place document at Folder I, Tab 8)

Original

8 Completion/Repair and Security Agreement (Form 4505-IDOT) (if applicable) (Place document at Folder I, Tab 8)

Original

10 Certificate of Borrower (Form 4518-IDOT) (Place document at Folder I, Tab 10) Original

10 Certificate of Guarantor (Form 4534) (Place document at Folder I, Tab 10) Original

II/2

Opinion(s) of Borrower's Counsel-IDOT (Place document at Folder II, Tab 2) Original (s)

II/6

Assignment of Management Agreement (Form 4508-IDOT) (Place document at Folder II, Tab 6)

Original

FOR LOANS WITH SECTION 8 HAP CONTRACTS:

IncludedTab #

Document

Document Requirement

3 Schedule B Modifications to Multifamily Note (Section 8 HAP Contract) (Form 4160) Original

5 Exhibit B Modifications to Instrument (Section 8 HAP Contract) (Form 4066) Copy of recorded document

8.c. Rent Restabilization Reserve and Security Agreement (Section 8 HAP Contract) (if any) Original

FOR MANUFACTURED HOUSING ("MH") LOANS:

IncludedTab #

Document

Document Requirement

5 Exhibit B Modifications to Security Instrument (Manufactured Housing) (Form 4082)(Place document at Folder 1, Tab 3)

Copy of recorded original

7 Manufactured Home Certificate of Title(s)Or

Copy

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 6Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 7: FNMA Form 4517

Property Name:

IncludedTab #

Document

Document Requirement

Notice of Recorded Lien(Place document at Folder 1, Tab 7)

7 Assignment of Lien – Manufactured Home(Place document at Folder 1, Tab 7)

Original

10 Certificate of Borrower (Form 4518-MHC)(Place document at Folder 1, Tab 10)

Original

II/1

UCC-1 Financing Statement – Schedule A (Form 4555-MHC)(Place document at Folder II, Tab 1)

Copy of recorded original

II/

2

Opinion of Borrower's Counsel (Form 4550-MHC)

(Place document at Folder II, Tab 2)

Original

FOR SENIORS HOUSING (“SH”) LOANS:

IncludedTab #

Document

Document Requirement

3 Schedule B – Modifications to Note (Seniors Housing) (Form 4186) or Schedule B – Modifications to Note (Seniors Housing with Acuity Covenant) (Form 4417) (if applicable)

Original

5 Exhibit B – Modifications to Instrument (Seniors Housing) (Form 4075) or Exhibit B – Modifications to Instrument (Seniors Housing with Skilled Nursing) (Form 4075-SN) (if applicable)

Copy of recorded original

5 Exhibit C – Modifications to Instrument (Seniors Housing Acuity Covenant) (Form 4701) (if applicable) or Exhibit C – Modifications to Instrument (Seniors Housing Skilled Nursing Acuity Covenant) (Form 4701-SN) (if applicable)

Copy of recorded original

8 Medicaid Transition Reserve and Security Agreement (Seniors Housing) (Form 4579) (if applicable)

Original

8 Medicare Transition Reserve and Security Agreement (Seniors Housing) (Form 4582) (if applicable)

Original

8 Depositary Agreement (Seniors Housing) (Form 4578) (if applicable) Original

19 Subordination, Assignment and Security Agreement (Seniors Housing) (Form 4079) (if applicable)

Copy of recorded original

II/

1

Borrower’s UCC-1 Financing Statement – Schedule A (Form 4555-SH/Borrower) and Operator’s UCC-1 Financing Statement – Schedule A (Form 4555-SH/Operator) (if applicable)

Copy of filed statement

II/

2

Opinion of Borrower’s Counsel (Seniors Housing) (Form 4550-SH) or Opinion of Borrower’s Counsel (Seniors Housing with Skilled Nursing) (Form 4550-SN) (if applicable)

Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 7Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 8: FNMA Form 4517

Property Name:

FOR REFI PLUS LOANS (FOR THE REFINANCE LOAN):

IncludedTab #

Document

Document Requirement

5 Modification to Instrument (First Lien) (Form 4080) Original

8 Agreement Regarding Collateral Agreements (with copies of executed Collateral Agreements attached from the original loan being refinanced) (Form 4513) (Place these documents at Folder I, Tab 8)

Original, with copies for Exhibits

19 General Certificate and Agreement of Borrower (Form 4514) Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 8Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 9: FNMA Form 4517

Property Name:

FOR REFI PLUS LOANS (FOR THE SUPPLEMENTAL LOAN):

IncludedTab #

Document

Document Requirement

5 Modification to Instrument (Supplemental Lien-Refi Plus) (Form 4063-A) Original

FOR DUS PLUS LOANS:

IncludedTab #

Document

Document Requirement

3 Schedule B, Modifications to Multifamily Note (Mezzanine DUS Plus) (Form 4169) Original

4a. Exceptions to Non-Recourse Guaranty (Mezzanine DUS Plus) (Form 4501-Mezz)

Mortgage Borrower's Key Principal(s) must execute this document in lieu of the Acknowledgment of Key Principal attached to the Multifamily Note.

Original

5 Exhibit B, Modifications to Security Instrument (Mezzanine DUS Plus) (Form 4099) Original

8d.

8e.

Cash Management and Security Agreement (Form based on document #6.a. in Folder IV )

Deposit Account Control Agreement (Form based on document #6.b. in Folder IV)

Original

Original

FOR DUS LOANS (EXCEPT DUS PLUS LOANS) WITH MEZZANINE LOANS FROM THIRD-PARTY OR DUS-LENDER AFFILIATED MEZZANINE LENDER:

IncludedTab #

Document

Document Requirement

3 Schedule B, Modifications to Multifamily Note (Third-Party or DUS lender-affiliated Mezz) (Form _____)

Original

4 a. Exceptions to Non-Recourse Guaranty (Third-Party or DUS lender-affiliated Mezz) DUS Plus) (Form _______)

Mortgage Borrower's Key Principal(s) must execute this document in lieu of the Acknowledgment of Key Principal attached to the Multifamily Note.

Original

5 Exhibit B, Modifications to Security Instrument (Mezzanine DUS Plus) (Form ____) Original

30 a. Intercreditor Agreement (Third-Party of DUS-Lender Affiliated Mezz) (Form ____)

b. Cash Management and Security Agreement

c. Deposit Account Control Agreement

Original

Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 9Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 10: FNMA Form 4517

Property Name:

IncludedTab #

Document

Document Requirement

30 d. Mezzanine Loan Agreement

e. Modification to Loan Agreement (if applicable)

Copy

Copy

30 f. Mezzanine Promissory Note Copy

30 g. Mezzanine Exceptions to Non-Recourse Guaranty Copy

30 h. Pledge and Security Agreement

i. Assignment of Equity Interest

Copy

Copy

30 j. Environmental Indemnity Agreement Copy

30 k. Agreement re: Property Management Agreement Copy

30 l. Opinion(s) of Mezzanine Borrower’s Counsel

m. Opinion(s) of Entity Key Principal’s Counsel (if applicable)

n. Opinion of Mezzanine Borrower’s Local Counsel (if applicable)

Copy

Copy

Copy

30 o. UCC-1 Financing Statement Copy

30 p. Certification of Organizational Documents with the following attached:

i. Organizational Documents, Authorization and Good Standing Certificate for Entity Key Principals (if applicable)

ii. Organizational Documents, Authorization and Good Standing Certificate for Mezzanine Borrower

iii. Organizational Documents, Authorization and Good Standing Certificate for Mortgage Loan Borrower

Copy

Copy

Copy

FOR DUS DMBS LOANS:

IncludedTab #

Document

Document Requirement

3 Multifamily DUS DMBS Note with all Schedules (Place document at Folder I, Tab 3) Original

4 Pledge, Interest Rate Cap Reserve and Security Agreement (this document should have the interest rate cap agreement between the borrower and an approved provider attached as Exhibit A) (Form 4574-SARM)(Place document at Folder 1, Tab 4

Original with original of Exhibit A.

II/1

UCC-1 Financing Statement – for Pledge, Interest Rate Cap Reserve and Security Agreement (Form 4555-SARM)(Place document at Folder II, Tab 1)

copy of recorded original

II/2

Opinion of Borrower's Counsel (Form 4550-SARM)(Place document at Folder II, Tab 2)

Original

31 DUS DMBS Conversion Agreement with Note Modification Agreement attached Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 10Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 11: FNMA Form 4517

Property Name:

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 11Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 12: FNMA Form 4517

Property Name:

FOR SUBSTITUTION LOANS (FIRST DELIVERY):

IncludedTab #

Document

Document Requirement

3 Schedule B, Modifications to Multifamily Note (Substitution Loans) (Form 4420) Original

5 Exhibit B, Modifications to Security Instrument (Substitution Loans) (Form 4710) Copy of recorded document

FOR OTHER LOANS:

IncludedTab #

Document

Document Requirement

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 12Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 13: FNMA Form 4517

Property Name:

MORTGAGE LOAN DELIVERY PACKAGETABLE OF CONTENTS

FOLDER II

ALL DELIVERY DOCUMENTS TO BE DELIVERED TO FANNIE MAE ASSET ACQUISITION AND CUSTODY:Fannie Mae Asset Acquisition and CustodyAttention: Multifamily Certification and Custody13150 Worldgate DriveHerndon, VA 20170

DUS DUS Preferred Delegation Plus Choice Refi (Old Loan #_______) In Place Refi (Old Loan #______) Mortgage-backed Security DUS Loan (except DUS Plus Loans)

with Mezzanine Financing (from 3rd-party or DUS Lender-affiliated mezzanine lender)

Refi Plus Supplemental Loan (1st Lien Loan # ________)

Refi Plus Refinance Loan(Old Loan # ________)(Supplemental Loan # ________)

Manufactured Housing Community Loans

Seniors Housing DUS Supplemental Loan

(1st lien loan #__________) DUS Split Loan:

( 1st lien - 2nd lien) Small Loan DUS PLUS Loans (see also Folder IV) Substitution Loan (First Delivery) Substitution Loan (Second Delivery)

Bond/Credit Enhancements FHA Risk Sharing IDOT DUS ARM w/o Conversion DUS ARM w/Conversion DUS Structured ARM DUS DMBS Modified Risk Sharing Prior Approval Other _______________________

NOTE: PLEASE CHECK THE APPROPRIATE BOX BELOW IF DOCUMENT IS INCLUDED IN DELIVERY PACKAGE.

IncludedTab #

Document

Document Requirement

1 Financing Statements and Assignments of Financing Statements Copies of filed UCC's, assignments, and evidence of filing

2 Opinion(s) of Borrower's Counsel Original (s)

3 Insurance Documentsa. DUS Property and Liability Insurance Warrantyb. Description of Insurance Policies

OriginalOriginal

4 Tab reserved for future use.

5 Subordination, Non-Disturbance and Attornment Agreements (Form 4510) (if applicable) Originals

6 Assignment of Management Agreement to Lender (if applicable)a. Management Agreement b. Assignment of Management Agreement (Form 4508 or 4508-A)

CopyOriginal

7 Tab reserved for future use.

8 Copies of Executed Subordinate Loan Documents (if applicable) Copies

9 Other

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 13Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 14: FNMA Form 4517

Property Name:

FOR INDEMNITY DEED OF TRUST ("IDOT") LOANS:

IncludedTab #

Document

Document Requirement

2 Opinion(s) of Borrower's Counsel-IDOT (Place document at Folder II, Tab 2) Original (s)

6 Assignment of Management Agreement (Form 4508-IDOT) (Place document at Folder II, Tab 6)

Original

FOR MANUFACTURED HOUSING ("MH") LOANS:

IncludedTab #

Document

Document Requirement

1 UCC-1 Financing Statement – Schedule A (Form 4555-MHC)(Place document at Folder II, Tab 1)

Copy of recorded original

2 Opinion of Borrower's Counsel (Form 4550-MHC)(Place document at Folder II, Tab 2)

Original

FOR SENIORS HOUSING (“SH”) LOANS:

IncludedTab #

Document

Document Requirement

1 Borrower’s UCC-1 Financing Statement – Schedule A (Form 4555-SH/Borrower) and Operator’s UCC-1 Financing Statement – Schedule A (Form 4555-SH/Operator) (if applicable)

Copy of filed statement

2 Opinion of Borrower’s Counsel (Seniors Housing) (Form 4550-SH) or Opinion of Borrower’s Counsel (Seniors Housing with Skilled Nursing) (Form 4550-SN) (if applicable)

Original

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 14Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 15: FNMA Form 4517

Property Name:

MORTGAGE LOAN MONITORING PACKAGETABLE OF CONTENTS

FOLDER III

TO BE DELIVERED ELECTRONICALLY TO THE FOLLOWING URL:https://www.MultidocExpress.com

DUS DUS Preferred Delegation Plus Choice Refi (Old Loan #_______) In Place Refi (Old Loan #______) Mortgage-backed Security DUS Loan (except DUS Plus Loans)

with Mezzanine Financing (from 3rd-party or DUS Lender-affiliated mezzanine lender)

Refi Plus Supplemental Loan (1st Lien Loan # ________)

Refi Plus Refinance Loan(Old Loan # ________)(Supplemental Loan # ________)

Manufactured Housing Community Loans

Seniors Housing DUS Supplemental Loan

(1st lien loan #__________) DUS Split Loan:

( 1st lien - 2nd lien) Small Loan DUS PLUS Loans (see also Folder IV) Substitution Loan (First Delivery) Substitution Loan (Second Delivery)

Bond/Credit Enhancements FHA Risk Sharing IDOT DUS ARM w/o Conversion DUS ARM w/Conversion DUS Structured ARM DUS DMBS Modified Risk

Sharing Prior Approval Other _______________________

NOTE: PLEASE CHECK THE APPROPRIATE BOX BELOW IF DOCUMENT IS INCLUDED IN MONITORING PACKAGE.

IncludedTab #

Document

Document Requirement

1 Mortgage Loan Delivery Package - Table of Contents (for Folders I-III) Copy

2 Underwriter's Narrative Copy

3 Appraisal (with original pictures and all other attachments) orLender/Third Party Comprehensive Market Study (for all refinance loans)

Copy

4 Current Certified Rent Roll (Form 4243) Copy

5 Operating Statements Copies

6 a. Physical Needs Assessment (if applicable) - required for In Place, not for Choice Refinance Loans

b. Termite Inspection Report

Copy

Copy

7 Engineer's or Architect's report (if applicable) Copy

8 Threshold Evaluation (if applicable) Copy

9 Environmental Assessments (or Updates for Refinance loans) Copies

10 Collateral Agreements*a. Replacement Reserve and Security Agreementb. Completion/Repair and Security Agreement (if applicable)c. Other ____________________________________ (if applicable)

*Unsigned copies are acceptable.

CopyCopyCopy

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 15Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 16: FNMA Form 4517

Property Name:

11 Maximum Loans (if applicable)a. Letter of Credit (with form of sight draft)b. Achievement Agreement

CopyCopy

12 Evidence of Property’s Compliance with All income, Occupancy and rent restrictions (MAH LIHTC properties only)

Copy

13 Other________________________________________ Copy

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 16Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 17: FNMA Form 4517

Property Name:

DUS PLUS MEZZANINE LOAN

MORTGAGE LOAN DELIVERY PACKAGETABLE OF CONTENTS

FOLDER IV

ALL DELIVERY DOCUMENTS TO BE DELIVERED TO FANNIE MAE ASSET ACQUISITION AND CUSTODY:Fannie Mae Asset Acquisition and CustodyAttention: Multifamily Certification and Custody13150 Worldgate DriveHerndon, VA 20170

ORIGINALS TO BE FORWARDED BY FANNIE MAE ASSET ACQUISITION AND CUSTODY TOMEZZANINE LENDER

Property Name ___________________________Property Address ___________________________City, State, ZIP ___________________________

Fannie Mae Commitment No. ______________________Payee Code (Cash) ______________________

Mezzanine Borrower Name___________________________Mortgage Borrower Name ___________________________

Warehouse Lender ______________________Telephone (_____)________________Fax Number (_____)________________

DUS Lender representative to be contacted by Fannie Mae:Name ___________________________Address ___________________________City, State ___________________________

DUS Lender Name ______________________Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

DUS Lender's Counsel:Name ___________________________Firm ___________________________Address ___________________________City, State, ZIP ___________________________

Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

Mezzanine Lender representative to be contacted by Fannie Mae:Name ___________________________Address ___________________________City, State ___________________________

Mezzanine Lender Name ______________________Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

Mezzanine Lender's Counsel:Name ___________________________Firm ___________________________Address ___________________________City, State, ZIP ___________________________

Telephone (_____)________________Fax Number (_____)________________Email Address ______________________

Fannie Mae should contact: DUS Lender DUS Lender’s Counsel Mezzanine Lender Mezzanine Lender’s Counsel for any DUS Plus Mezzanine Loan Document exceptions (Lender may check any one or more of the boxes).

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 17Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 18: FNMA Form 4517

Property Name:

NOTE: PLEASE CHECK THE APPROPRIATE BOX BELOW IF DOCUMENT IS INCLUDED IN DELIVERY PACKAGE.

Included Tab # Document Document Requirement

1 Mezzanine Loan Agreement

a. Modification to Loan Agreement 4071-M (if applicable)

Original

Original

2 Mezzanine Promissory Note Original

3 Mezzanine Exceptions to Non-Recourse Guaranty Original

4 a. Pledge and Security Agreement

b. Assignment of Equity Interest

Original

Original

5 Environmental Indemnity Agreement Original

6 a. Cash Management and Security Agreement

b. Deposit Account Control Agreement

Copy

7 Assignment of Mezzanine Loan Documents (by Lender) Original

8 Assignment of Mezzanine Loan Documents (by Fannie Mae) Original

9 a. Title Insurance Policy Form UCC-9

b. Owner’s Policy of Title Insurance

Original

Duplicate original

10 a Agreement re: Property Management Agreement

b. Exhibit B (if applicable)

Original

Original

11 a. Opinion(s) of Mezzanine Borrower’s Counsel

b. Opinion(s) of Entity Key Principal’s Counsel (if applicable)

c. Opinion of Mezzanine Borrower’s Local Counsel (if applicable)

Original

12 UCC-1 Financing Statement Certified copy

13 Certification of Organizational Documents with the following attached:

a. Organizational Documents, Authorization and Good Standing Certificate for Entity Key Principals (if applicable)

b. Organizational Documents, Authorization and Good Standing Certificate for Mezzanine Borrower

c. Organizational Documents, Authorization and Good Standing Certificate for Mortgage Loan Borrower

Copy

Copy

Copy

14 Settlement Sheet Copy

15 a. Compact Disk containing images of Folder I and Folder II Mortgage Loan Documents in .PDF

b. Compact Disk containing images of Folder IV Mezzanine Loan Documents in .PDF. (This disk is NOT to be sent to Mezzanine Lender. It must remain in Folder IV after delivery to Mezzanine Lender of the other Folder IV Mezzanine Loan Documents in the form required.)

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 18Table of Contents 05-08 © 1997-2008 Fannie Mae

Page 19: FNMA Form 4517

Property Name:

Multifamily Mortgage Loan Delivery Package - Form 4517 Page 19Table of Contents 05-08 © 1997-2008 Fannie Mae