Failure to Make Any Payment

If the BorrowerBorrowerPerson who is the obligor under the Note. fails to make any payment at all, within five (5) business days following the date late charges are incurred the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g.,  the originator, the selling Lender, or a third-party servicer). must send to the BorrowerBorrowerPerson who is the obligor under the Note., under the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g.,  the originator, the selling Lender, or a third-party servicer).’s letterhead, the Multifamily No Payment Received Letter – Fees (Optional) Assessed (Form 4807).