704.02E
Failure to Make Any Payment
If the BorrowerBorrowerPerson who is the obligor per the Note. fails to make any payment at all, within five (5) business days following the date late charges are incurred the ServicerServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must send to the BorrowerBorrowerPerson who is the obligor per the Note. , under the Servicer’sServicer’sPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. letterhead, the Multifamily No Payment Received Letter – Fees (Optional) Assessed (Form 4807).