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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Waiver Example: CA Civil Code 2954.10 Posted by Heidi on August 12, 2007 at 6:51 PM In Reply to: Re: A little help interpreting CA Civil Code 2954.10 posted by BrianH on August 10, 2007 at 1:48 PM I found this wording in an SEC Info link (below:) Wouldn't be suprise if something similar to this was incorporated into most mortgage loans. 3. California Civil Code Section 2954.10 Waiver. By initialing this provision where indicated below, the Co-Borrower hereby makes each of the acknowledgments set forth in Section 2.06(d) of the Loan Agreement. By initialing this provision where indicated below, the Co-Borrower waives any rights it may have under California Civil Code Section 2954.10, or any successor statute, and the Co-Borrower confirms that the Lenders' agreement to make the Loans at the interest rate and on the other terms set forth in the Loan Agreement constitutes adequate and valuable consideration, given individual weight by the Co-Borrower, for the prepayment provisions set forth in Section 2.06 of the Loan Agreement and hereby waives its rights under California Civil Code Section 2954.10 as set forth in Section 2.06(d) of the Loan Agreement. -------------------------------------------------------------------------------- Co-Borrower's Initials Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : I found this wording in an SEC Info link (below:) : Wouldn't be suprise if something similar to this was incorporated into most mortgage loans. : : 3. California Civil Code Section 2954.10 Waiver. By initialing this provision where indicated below, the Co-Borrower hereby makes each of the acknowledgments set forth in Section 2.06(d) of the Loan Agreement. By initialing this provision where indicated below, the Co-Borrower waives any rights it may have under California Civil Code Section 2954.10, or any successor statute, and the Co-Borrower confirms that the Lenders' agreement to make the Loans at the interest rate and on the other terms set forth in the Loan Agreement constitutes adequate and valuable consideration, given individual weight by the Co-Borrower, for the prepayment provisions set forth in Section 2.06 of the Loan Agreement and hereby waives its rights under California Civil Code Section 2954.10 as set forth in Section 2.06(d) of the Loan Agreement. : : -------------------------------------------------------------------------------- : Co-Borrower's Initials Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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