Movant agrees to waive any claim arising under 11 U.S.C. § 503(b) or § 507(b) as a result of this Order. In the event relief from the automatic stay is granted due to default under Debtor(s)’ the terms of this Settlement Order, Movant agrees that any funds received in excess of all liens, costs, and expenses will be paid to the Trustee. The parties agree that the Fed. R. Bankr. P. 4001(a)(3) stay: is applicable to any order granting relief for default on this settlement order. is not applicable to any order granting relief for default on this Settlement Order. AND IT IS SO ORDERED. WE SO MOVE AND CONSENT: Attorney for Movant Attorney for Debtor(s) District Court I.D. _____ District Court I.D. _____ CERTIFICATION: Prior to consenting to this settlement order, obligations set forth in this Order and the forthcoming Consent Order Requiring Loss Mitigation/Mortgage Modification, including the deadlines to submit documentation and the consequences of default were reviewed with and agreed to by Debtor(s) or other obligated party. _________________________ Attorney for Debtor(s) District Court I.D. _____
Movant agrees to waive any claim arising under 11 U.S.C. § 503(b) or § 507(b) as a result of this Order. In the event relief from the automatic stay is granted due to Debtor(s)’ default under the terms of this Settlement Order, Movant agrees that any funds received in excess of all liens, costs, and expenses will be paid to the Trustee. The parties agree that the Fed. R. Bankr. P. 4001(a)(3) stay: is applicable to any order granting relief for default on this settlement order. is not applicable to any order granting relief for default on this Settlement Order. AND IT IS SO ORDERED. WE SO MOVE AND CONSENT: Attorney for Movant Attorney for Debtor(s) District Court I.D. _____ District Court I.D. _____ CERTIFICATION: Prior to consenting to this settlement order, obligations set forth in this Order and the forthcoming Consent Order Requiring Loss Mitigation/Mortgage Modification, including the deadlines to submit documentation and the consequences of default were reviewed with and agreed to by Debtor(s) or other obligated party. _________________________ Attorney for Debtor(s) District Court I.D. _____
EXHIBIT_N-362_Settlement_Order_LMMM.docx