Trust Examiner School eBook

July 20, 2021

Comments: Interest rate calculated in January of each year.; C o m m e n t T y p e R e g 9 ; U p d a t e d B y x x x ( w b 1 4 0 2 6 ) ; U p d a t e d O n 1 2 / 8 / 2 0 2 0 Review Questions: Is/Are the note(s) held in a grantor Trust? N o Is/Are the note(s) demand notes? N o

Page 3 of 12

What is the borrower's percent of account's remainder interest? N O T A P P L I C A B L E What is the account's termination event? D E A T H O F S E T T L O R ' S S P O U S E Assets: xxxx Promissory Note xxx 12/31/20142.19% Due 12/30/2024 Int Adj Ann 01/30 To 10yr Treas Rate Rule: Admin Review Question Message: Provide Account Commentary Date Generated: 12/10/2019 Assignee: Alert Group: Alert Group 1 New Exceptions: 0

What are the terms of the note(s)? 2 . 1 9 % D U E 1 2 / 3 0 / 2 0 2 4

Rule: Specialty Assets Message: Promissory Notes held in Accounts[xxx]Date Generated: 9/29/2017 Assignee: Alert Group: Alert Group 1 New Exceptions: 0 Predefined Comments: N o n e

Predefined Comments: N o n e Comments: N o n e

Is/are the borrower’s current on payments? Y e s

Promissory Note Assets 1

Provide Account Commentary

Alerts

Account xxxxx