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Schedule 2 <br />Contract Loan Servicing Pricing <br />City of Mounds View <br />Activity <br />Description <br />Pricing <br />Investor setup and loan transfer <br />Set up investor structure and <br />$500.00 -One-time fee <br />transfer loan to new investor codes <br />New Loan Setup <br />Loan Boarded to servicing system <br />$15.00- One-time fee <br />and quality control review, welcome <br />letter <br />Standard Servicing Activities — <br />Payment processing, billing notices, <br />$10.00 -per loan per month <br />Amortizing loans <br />customer service, investor <br />reporting, early collections <br />Standard Servicing Activities — <br />Payment processing, customer <br />$5.00 per loan per month <br />Deferred Loans <br />service, investor reporting <br />Final /Special Processing <br />For Charge-off, foreclosure, service <br />$25.00 per transaction <br />Transaction <br />release, loans not paid in full but no <br />longer active on the servicing <br />system <br />Lien Satisfaction Preparation <br />Create mortgage/deed of trust <br />$35.00 One-time fee <br />satisfaction <br />*A minimum servicing fee of $100.00 per month for the term of the contract* <br />