Borrowers, Key Principals, Guarantors, and Principals
You must ensure that the BorrowerBorrowerPerson who is the obligor under the Note. (and each Key PrincipalKey PrincipalPerson(s) who control and/or manage the Borrower or the Property, are critical to the successful operation and management of the Borrower and the Property, and who may be required to provide a Guaranty. , GuarantorGuarantorKey Principal or other Person who executes a Payment Guaranty, a Non-Recourse Guaranty, or any other guaranty in connection with the Mortgage Loan. , and PrincipalPrincipalPerson who owns or controls specified interests in the Borrower per Part I: Mortgage Loan, Section 303. ) is not on the most current “List of Parties Excluded from Federal Procurement or Nonprocurement Programs”.