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Shareware Overload Trio 2
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LHARC1.EXE
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4940.BLD
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1993-01-06
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3KB
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146 lines
#4940
@001 Enter the name of the BROKER:
@002 Enter the name of the CLIENT:
@490 Enter description of the property:
!491 Enter the minimum amount of the loan:
!492 Enter the maximum amount of the loan:
@493 Enter the maximum interest rate under regulation Z:
@494 Enter repayment terms:
@495/@495 Enter terms of personal guarantees (if any):
None
KEY IN VALUE
@496/@496 Enter other terms, if any:
None
KEY IN VALUE
#4941/#4942 The brokerage agreement is:
exclusive
non-exclusive
#if#4941
@497/@497/@497 Enter the number of days for the exclusive:
30
90
KEY IN VALUE
#endif
#if#4942
@498/@498/@498 Enter the number of days for the exclusive:
30
90
KEY IN VALUE
#endif
#4943
@499 Enter the percentage for BROKER's commission:
@500/@500/@500 The commission will be calculated on:
the principal amount of the loan
the net proceeds to borrower
KEY IN VALUE
!501 Enter insurance value for property:
!502 Enter maximum out of pocket expenses to be paid by CLIENT:
#end control section
#4940
/* Para. 4940: Mortgage brokerage agreement */
MORTGAGE BROKERAGE AGREEMENT
@001, referred to as BROKER, and @002, referred to as CLIENT,
agree:
Client is desirous of obtaining a mortgage loan on the following
terms:
Loan to be secured by the following described real property: @490
Minimum amount of loan: $ 491 (!491 dollars)
Maximum amount of loan: $ 492 (!492 dollars)
Maximum interest rate as an APR under regulation Z: @493%
Repayment terms: @494
Personal guarantees: @495
Other terms: @496
#4941
/* Para. 4941: Exclusive */
BROKER shall act as the exclusive broker for CLIENT in obtaining
the mortgage described above for a period of @497 days from the
date of execution of this agreement.
#4942
/* Para. 4942: Non-exclusive */
BROKER shall act as a non-exclusive broker for CLIENT in
obtaining the mortgage described above for a period of @498 days
from the execution of this agreement.
#4943
/* Para. 4943: Commission */
Upon obtaining a loan conforming to the specifications set forth,
BROKER shall be entitled to a commission of @499% of the @500 of
the loan.
During the term of this agreement, CLIENT agrees that it will:
keep the property insured for a minimum amount of $ @501 (!501
dollars);
to keep the premises in good repair;
to inform the BROKER immediately of any change in rent rolls (if
the premises are rented);
to provide all reasonable cooperation requested by BROKER.
CLIENT agrees to provide upon BROKER's request:
financial statements or information regarding CLIENT and any
co-signors proposed;
bona fide loan processing fees requested by entities seeking to
provide loans to CLIENT, not exceeding $ @501 (!501 dollars)
without the prior permission of the CLIENT.
BROKER shall give reasonable and regular status reports to CLIENT
regarding all relevant developments during the period of this
agreement to CLIENT.
BROKER and CLIENT shall mutually non-disclose any information
provided by one another and shall take all reasonable steps to
non-disclose the information provided to one another.
Dated: _______________________________
____________________________________________________
@001
___________________________________________________
@002