Common use of Actions of Securityholders Clause in Contracts

Actions of Securityholders. 87 Section 12.13 Reports to Rating Agencies.....................................87 Section 12.14 Inconsistencies Among Transaction Documents....................88 EXHIBITS EXHIBIT A Home Loan Schedule EXHIBIT B Form of Master Servicer Certificate EXHIBIT C Form of Monthly Statement to Securityholders EXHIBIT D Underwriting Guidelines EXHIBIT E Form of Servicing Agreement This Sale and Servicing Agreement is entered into effective as of June 14, 1997, among MEGO MORTGAGE HOME LOAN OWNER TRUST 1997-3, a Delaware business trust (the "Issuer" or the "Trust"), FINANCIAL ASSET SECURITIES CORP., a Delaware corporation, as Depositor (the "Depositor"), MEGO MORTGAGE CORPORATION, a Delaware corporation ("Mego"), as Seller (in such capacity, the "Seller") and Servicer (in such capacity, the "Servicer"), NORWEST BANK MINNESOTA, N.A., as Master Servicer (the "Master Servicer"), and FIRST BANK NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee on behalf of the Noteholders (in such capacity, the "Indenture Trustee") and as Co-Owner Trustee on behalf of the Securityholders (in such capacity, the "Co-Owner Trustee").

Actions of Securityholders. 87 109 Section 12.13 Reports to Rating Agencies.....................................87 11.13 Non-Petition Agreement..............................................................................110 Section 12.14 Inconsistencies Among Transaction Documents....................88 EXHIBITS 11.14 Holders of the Certificates.........................................................................110 Section 11.15 Due Diligence Fees, Due Diligence ..................................................................110 Section 11.16 Holders of the Certificates.........................................................................111 EXHIBIT A Home Loan Schedule Form of Notice of Additional Note Principal Balance EXHIBIT B Form of Master Servicer Certificate Servicer's Remittance Report to Trustee EXHIBIT C Form of Monthly Statement to Securityholders S&SA Assignment EXHIBIT D Underwriting Guidelines EXHIBIT E Form of Servicing Agreement Reserve Account Release Instructions from Initial Noteholder This Sale and Servicing Agreement is entered into effective as of June 14September 25, 19971998, among MEGO MORTGAGE ADVANTA HOME EQUITY LOAN OWNER TRUST 19971998-3MS1, a Delaware business trust (the "Issuer" or the "Trust"), FINANCIAL ASSET SECURITIES CORP., a Delaware corporation, as Depositor (the "Depositor"), MEGO MORTGAGE ADVANTA LOAN WAREHOUSE CORPORATION, a Delaware corporation ("MegoALWC"), as Seller Depositor (in such capacity, the "SellerDepositor") and ), ADVANTA MORTGAGE CORP. USA, a Delaware corporation ("AMCUSA"), as Servicer (in such capacity, the "Servicer"), NORWEST BANK MINNESOTAAMC, N.A.ADVANTA NATIONAL BANK, as Master Servicer a national banking association (the "Master ServicerANB"), and FIRST ADVANTA BANK NATIONAL ASSOCIATIONCORP., a Utah industrial loan corporation ("ABC"), as Loan Originators (in such capacity, each a "Loan Originator", or collectively the "Loan Originators"), BANKERS TRUST COMPANY OF CALIFORNIA, N.A., a national banking association, as Indenture Trustee on behalf of the Noteholders (in such capacity, the "Indenture Trustee") and ADVANTA CORP., a Delaware corporation and collectively with AMCUSA, as Co-Owner Trustee on behalf of the Securityholders Transfer Obligors (in such capacity, the "Co-Owner TrusteeTransfer Obligors").

Actions of Securityholders. 87 86 Section 12.13 10.13 Reports to Rating Agencies.....................................87 Agencies ..................................................... 86 Section 12.14 10.14 Inconsistencies Among Transaction Documents....................88 Documents .................................... 87 EXHIBITS EXHIBIT A Home Loan Schedule EXHIBIT B Form of Master Servicer Certificate EXHIBIT C Form of Monthly Statement to Securityholders EXHIBIT D Underwriting Guidelines EXHIBIT E Form of Servicing Agreement This Sale and Servicing Agreement is entered into effective as of June 14August 16, 1997, among MEGO MORTGAGE HOME LOAN OWNER TRUST 1997-34, a Delaware business trust (the "Issuer" or the "Trust"), FINANCIAL ASSET SECURITIES CORP., a Delaware corporation, as Depositor (the "Depositor"), MEGO MORTGAGE CORPORATION, a Delaware corporation ("Mego"), as Seller (in such capacity, the "Seller") and Servicer (in such capacity, the "Servicer"), NORWEST BANK MINNESOTA, N.A., as Master Servicer (the "Master Servicer"), and U.S. BANK NATIONAL ASSOCIATION, D/B/A FIRST BANK NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee on behalf of the Noteholders (in such capacity, the "Indenture Trustee") and as Co-Owner Trustee on behalf of the Securityholders and Residual Instrument holders (in such capacity, the "Co-Owner Trustee").

Actions of Securityholders. 87 77 Section 12.13 12.13. Reports to Rating Agencies.....................................87 ................................78 Section 12.14 Inconsistencies Among Transaction Documents....................88 EXHIBITS EXHIBIT 12.14. Holders of the Residual Interest Certificates.............78 Section 12.15. Year 2000 Compliance......................................79 Section 12.16. Grant of Noteholder Rights to Securities Insurer..........79 Section 12.17. Third Party Beneficiary...................................79 Section 12.18. Suspension and Termination of Securities Insurer's Rights...................................................79 -iii- EXHIBITS: A - Home Loan Schedule EXHIBIT B - Form of Servicer's Monthly Remittance Report to Indenture Trustee C - Form of Loan Liquidation Report D - Form of Master Servicer Certificate EXHIBIT C Renewal Notice E - Form of Monthly Statement to Securityholders EXHIBIT D Underwriting Guidelines EXHIBIT E Form of Standard Servicing Agreement Terms This Sale and Servicing Agreement SALE AND MASTER SERVICING AGREEMENT is entered into effective as of June 14March 1, 19971999, (this "Agreement") among MEGO MORTGAGE FREMONT HOME LOAN OWNER TRUST 19971999-31, a Delaware business trust (the "Issuer" or the "Trust"), FINANCIAL ASSET SECURITIES CORP.PAINEWEBBER MORTGAGE ACCEPTANCE CORPORATION IV, a Delaware corporation, as Depositor (the "Depositor"), MEGO MORTGAGE CORPORATIONFREMONT INVESTMENT & LOAN, a Delaware corporation California industrial loan company ("MegoFremont"), as Seller Transferor (in such capacity, the "SellerTransferor") and Master Servicer (in such capacity, the "Servicer"), NORWEST BANK MINNESOTA, N.A., as Master Servicer (the "Master Servicer"), ) and FIRST BANK UNION NATIONAL ASSOCIATIONBANK, a national banking association, as Indenture Trustee on behalf of the Noteholders (in such capacity, the "Indenture Trustee") and as Co-Owner Trustee on behalf of the Securityholders (in such capacity, the "Co-Owner Trustee").

Actions of Securityholders. 87 104 Section 12.13 Reports to Rating Agencies.....................................87 Non-Petition Agreement........................................105 Section 12.14 Inconsistencies Among Transaction Documents....................88 EXHIBITS Holders of the Trust Certificates.............................105 Section 12.15 FFCA to Guarantee Certain Loan Originator Obligations.........105 Section 12.16 Reports in Electronic Form....................................106 EXHIBIT A Home Loan Schedule - Form of Notice of Additional Note Principal Balance EXHIBIT B - Form of Master Servicer Certificate Servicer's Remittance Report to Trustee EXHIBIT C - Form of Monthly Statement to Securityholders S&SA Assignment EXHIBIT D Underwriting Guidelines EXHIBIT E Form of Servicing Agreement - Referenced Documents This Sale and Servicing Agreement is entered into effective as of June August 14, 19971998, among MEGO MORTGAGE HOME FFCA FRANCHISE LOAN OWNER TRUST 19971998-31, a Delaware business trust (the "Issuer" or the "Trust"), FINANCIAL ASSET SECURITIES CORP.FFCA LOAN WAREHOUSE CORPORATION, a Delaware corporation, as Depositor (the "Depositor"), MEGO MORTGAGE FFCA ACQUISITION CORPORATION, a Delaware corporation, as Loan Originator (the "Loan Originator"), FRANCHISE FINANCE CORPORATION OF AMERICA, a Delaware corporation ("MegoFFCA"), as Seller (in such capacity, the "Seller") and Servicer (in such capacity, the "Servicer"), NORWEST BANK MINNESOTA, N.A., as Master Servicer (the "Master Servicer"), and FIRST BANK LASALLE NATIONAL ASSOCIATIONBANK, a national banking association, as Indenture Trustee on behalf of the Noteholders (in such capacity, the "Indenture Trustee") and as Co-Owner Trustee on behalf of the Securityholders (in such capacity, the "Co-Owner Trustee").