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5 | Page <br />CLIENT NAME Loan Servicing Agreement #XXXX <br /> <br />CEE will review subordination requests in accordance with the Client’s subordination program <br />requirements. Subordinations will be forwarded to the Client for signature if request meets the <br />program requirements. Fees related to the subordination are paid by borrowers. <br /> <br />MORTGAGE SATISFACTION PREPARATION <br /> <br />Loan Payoffs <br /> <br />CEE will process loan payoffs, issue payoff statements as requested by authorized individuals <br />within 30 calendar days and remit funds to Client. CEE shall draft mortgage satisfactions <br />(“Satisfaction”) within 30 calendar days after loan is paid in full to ensure funds received are <br />cleared. The Satisfaction is then sent to client for signature. CEE shall provide instructions to <br />borrowers as to how to properly record the Satisfaction. In the event that $5 (five dollars) or less <br />of principle balance remains, CEE and Client will not attempt to collect the remaining fee and <br />will consider the loan as satisfied. <br /> <br />FINAL/SPECIAL PROCESSING TRANSACTIONS <br /> <br />CEE shall charge additional fees in special circumstances such as a charge-off, foreclosure, <br />servicing release, or any other transaction that is processed on a loan that is not paid in full but is <br />no longer an active loan on the servicing system. This does NOT include processing a paid in full <br />transaction. <br />