Disbursing Funds

The Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must approve and disburse funds related to each Borrower BorrowerPerson who is the obligor per the Note. request in accordance with the Loan Documents Loan DocumentsAll Fannie Mae-approved documents evidencing, securing, or guaranteeing the Mortgage Loan. , including any applicable Amendment to Multifamily Loan and Security Agreement (Restoration Reserve) ( Form 6615 ) or Insurance Loss Proceeds Collateral Agreement ( Form 6639 ).  Funds must be disbursed no more frequently than once a month, unless:

• the Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. determines that more frequent disbursements of funds are appropriate and can be managed effectively; or
• the disbursement is equal to or greater than $10,000, or is the final disbursement of proceeds.