2. Best Efforts:
SBC agrees to use reasonable commercial efforts to assist in securing the Loan; however, SBC does not guarantee the Loan can or will be obtained. Client agrees that SBC will not be liable to Client for any losses or damages whatsoever in the event a Loan is not secured.
3. Disclosure of Service Fees and Points, Travel and Collections Fees:
NO UP-FRONT FEES ARE REQUIRED. Subsequent to the Client completing a Pre-Loan Application for the purpose of obtaining pre-approval for a Loan from a funding source through SBC, Client agrees that a one time full Service Fee (as indicated in Schedule 1 herein below) is earned and payable on the HUD at closing