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Regulation AB Item 1123 Servicer Statement
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NDB also provides assistance in preparing Item 1123 servicer statements. These statements are required by servicers, who must sign a statement, to the effect, that:
(1). A review of the servicer's activities during the reporting period and of its performance under the applicable servicing agreement has been made under such officer's supervision.
(2). To the best of the servicer's knowledge, based on such review, the servicer has fulfilled all of its obligations under the agreement in all material respects throughout the reporting period or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status thereof.
The information contained herein is general in nature and is based on authorities that are subject to change.
It is not intended, and should not be construed, as legal, accounting, or tax advice, or as an opinion provided
(expressed or implied) by NDB LLP to the reader or any other person. This material may not be
applicable to, or suitable for, the specific circumstances or needs, and may require consideration of legal,
regulatory compliance, non-tax, or tax factors. Contact NDB LLP for engagement and a consultation
prior to taking any action based upon this information or other marketing information. NDB LLP
assumes no obligations to inform the reader of any changes in SEC legislation/regulations or tax laws or other
factors that could affect the information contained herein.
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