Exhibit 10.17
ERRORS AND OMISSIONS AGREEMENT
Principal |
Loan Date 06-25-2015 |
Maturity 12-25-2017 |
Loan No |
Call / Coll |
Account |
Officer *** |
Initials | |||||||
References in the boxes above are for Lenders use only and do not limit the applicability of this document to any particular loan or item. Any item above containing *** has been omitted due to text length limitations. |
Borrower: | LMF OCTOBER 2010 FUND, LLC | Lender: | IBERIABANK | |||
302 KNIGHTS RUN AVENUE SUITE 1000 | TAMPA BAY MARKET BRANCH | |||||
TAMPA, FL 33602 | 201 NO. FRANKLIN ST., SUITE 100 | |||||
TAMPA, FL 33602 |
LOAN NO.: 5300435163
The undersigned Borrower for and in consideration of the above-referenced Lender funding the closing of this loan agrees, if requested by Lender or Closing Agent for Lender, to fully cooperate and adjust for clerical errors, any or all loan closing documentation if deemed necessary or desirable in the reasonable discretion of Lender to enable Lender to sell, convey, seek guaranty or market said loan to any entity, including but not limited to an investor, Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Government National Mortgage Association, Federal Housing Authority or the Department of Veterans Affairs.
The undersigned Borrower does hereby so agree and covenant in order to assure that this loan documentation executed this date will conform and be acceptable in the marketplace in the instance of transfer, sale or conveyance by Lender of its interest in and to said loan documentation.
DATED effective this June 25, 2015
BORROWER:
LMF OCTOBER 2010 FUND, LLC
LM FUNDING, LLC, Manager of LMF OCTOBER 2010 FUND, LLC
By: | /s/ Carollinn Gould | |
CAROLLINN GOULD, Manager of LM FUNDING, LLC |
Sworn to and subscribed before me this 25th day of June, 2015.
x | /s/ Margo T. Valenti | |
(Notary Public) | ||
My Commission Expires:
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