Common use of Administration and Servicing of Contracts Clause in Contracts

Administration and Servicing of Contracts. 39 Section 4.01 Responsibility for Contract Administration and Servicing.............................. 39 Section 4.02 Standard of Care...................................................................... 40 Section 4.03 Records............................................................................... 40 Section 4.04 Inspection............................................................................ 40 Section 4.05 Establishment of and Deposits in Certificate Account.................................. 41 Section 4.06 Payment of Taxes...................................................................... 42 Section 4.07 Enforcement........................................................................... 42 Section 4.08 Transfer of Certificate Account....................................................... 43 Section 4.09 Maintenance of Hazard Insurance Policies.............................................. 44 -i- TABLE OF CONTENTS (continued) Section 4.11 Collections under Hazard Insurance Policies, Consent to Transfers of Manufactured Homes, Assumption Agreements.......................................................... 45 Section 4.12 Realization upon Defaulted Contracts.................................................. 46 Section 4.13 Costs and Expenses.................................................................... 47 Section 4.14 Trustee to Cooperate.................................................................. 47

Administration and Servicing of Contracts. 39 Section 4.01 5.01. Responsibility for Contract Administration and Servicing.............................. 39 ..............................54 Section 4.02 5.02. Standard of Care...................................................................... 40 ......................................................................54 Section 4.03 5.03. Records............................................................................... 40 ...............................................................................54 Section 4.04 5.04. Inspection............................................................................ 40 ............................................................................54 Section 4.05 5.05. Establishment of and Deposits in the Certificate Account.................................. 41 ..............................55 Section 4.06 5.06. Payment of Taxes...................................................................... 42 ......................................................................56 Section 4.07 5.07. Enforcement........................................................................... 42 ...........................................................................56 Section 4.08 5.08. Transfer of the Certificate Account....................................................... 43 ...................................................57 Section 4.09 5.09. Maintenance of Hazard Insurance Policies.............................................. 44 -i- TABLE OF CONTENTS (continued) ..............................................57 Section 4.11 5.10. Fidelity Bond and Errors and Omissions Insurance......................................58 Section 5.11. Collections under Hazard Insurance Policies, ; Consent to Transfers of Manufactured Homes, ; Assumption Agreements.......................................................... 45 .............................................58 Section 4.12 5.12. Realization upon Defaulted Contracts.................................................. 46 ..................................................59 Section 4.13 5.13. Costs and Expenses.................................................................... 47 ....................................................................60 Section 4.14 5.14. Trustee to Cooperate.................................................................. 47..................................................................60 Section 5.15.

Administration and Servicing of Contracts. 39 43 Section 4.01 Responsibility for Contract Administration and Servicing.............................. 39 ......................... 43 Section 4.02 Standard of Care...................................................................... 40 ................................................................. 44 Section 4.03 Records............................................................................... 40 .......................................................................... 44 Section 4.04 Inspection............................................................................ 40 ....................................................................... 44 Section 4.05 Establishment of and Deposits in Certificate Account.................................. 41 ............................. 44 Section 4.06 Payment of Taxes...................................................................... 42 ................................................................. 45 -i- TABLE OF CONTENTS (continued) Page Section 4.07 Enforcement........................................................................... 42 ..................................................................... 46 Section 4.08 Transfer of Certificate Account....................................................... 43 ................................................. 47 Section 4.09 Maintenance of Hazard Insurance Policies.............................................. 44 -i- TABLE OF CONTENTS (continued) ........................................ 47 Section 4.10 Fidelity Bond and Errors and Omissions Insurance................................ 48 Section 4.11 Collections under Hazard Insurance Policies, Consent to Transfers of Manufactured Homes, Assumption Agreements.......................................................... 45 .......................................... 49 Section 4.12 Realization upon Defaulted Contracts.................................................. 46 ............................................ 49 Section 4.13 Costs and Expenses.................................................................... 47 .............................................................. 50 Section 4.14 Trustee to Cooperate.................................................................. 47............................................................ 50 Section 4.15 Servicing and Other Compensation................................................ 50 Section 4.16 Custody of Contracts............................................................ 51

Administration and Servicing of Contracts. 39 Section 4.01 5.01. Responsibility for Contract Administration and Servicing.............................. 39 ........70 Section 4.02 5.02. Standard of Care...................................................................... 40 ................................................70 Section 4.03 5.03. Records............................................................................... 40 .........................................................70 Section 4.04 5.04. Inspection............................................................................ 40 ......................................................70 Section 4.05 5.05. Establishment of and Deposits in Certificate Account.................................. 41 Accounts...........71 Section 4.06 5.06. Payment of Taxes...................................................................... 42 ................................................72 Section 4.07 5.07. Enforcement........................................................................... 42 .....................................................72 Section 4.08 5.08. Transfer of Certificate Account....................................................... 43 Accounts................................73 Section 4.09 5.09. Maintenance of Hazard Insurance Policies.............................................. 44 -i- TABLE OF CONTENTS (continued) ........................73 Section 4.11 5.10. Fidelity Bond and Errors and Omissions Insurance................74 Section 5.11. Collections under Hazard Insurance Policies, ; Consent to Transfers of Manufactured Homes, ; Assumption Agreements.......................................................... 45 ......75 Section 4.12 5.12. Realization upon Defaulted Contracts.................................................. 46 ............................75 Section 4.13 5.13. Costs and Expenses.................................................................... 47 ..............................................76 Section 4.14 5.14. Trustee to Cooperate.................................................................. 47............................................76 Section 5.15. Servicing and Other Compensation................................77 Section 5.16. Custody of Contracts............................................77 Section 5.17.

Administration and Servicing of Contracts. 39 Section 4.01 5.01. Responsibility for Contract Administration and Servicing.............................. 39 .........................70 Section 4.02 5.02. Standard of Care...................................................................... 40 .....................................70 Section 4.03 5.03. Records............................................................................... 40 ..............................................70 Section 4.04 5.04. Inspection............................................................................ 40 ...........................................70 Section 4.05 5.05. Establishment of and Deposits in Certificate Account.................................. 41 Accounts..............................71 Section 4.06 5.06. Payment of Taxes...................................................................... 42 .....................................72 Section 4.07 5.07. Enforcement........................................................................... 42 ..........................................72 Section 4.08 5.08. Transfer of Certificate Account....................................................... 43 Accounts.....................73 Section 4.09 5.09. Maintenance of Hazard Insurance Policies.............................................. 44 -i- TABLE OF CONTENTS (continued) .............73 Section 4.11 5.10. Fidelity Bond and Errors and Omissions Insurance.....74 Section 5.11. Collections under Hazard Insurance Policies, ; Consent to Transfers of Manufactured Homes, ; Assumption Agreements.......................................................... 45 ................................74 Section 4.12 5.12. Realization upon Defaulted Contracts.................................................. 46 .................75 Section 4.13 5.13. Costs and Expenses.................................................................... 47 ...................................76 Section 4.14 5.14. Trustee to Cooperate.................................................................. 47.................................76 Section 5.15. Servicing and Other Compensation.....................77 Section 5.16. Custody of Contracts.................................77 Section 5.17.

Administration and Servicing of Contracts. 39 38 Section 4.01 Responsibility for Contract Administration and Servicing.............................. 39 .......................................... 38 Section 4.02 Standard of Care...................................................................... 40 .................................................................................. 38 Section 4.03 Records............................................................................... 40 ........................................................................................... 39 Section 4.04 Inspection............................................................................ 40 ........................................................................................ 39 Section 4.05 Establishment of and Deposits in Certificate Account.................................. 41 .............................................. 39 Section 4.06 Payment of Taxes...................................................................... 42 .................................................................................. 40 Section 4.07 Enforcement........................................................................... 42 ....................................................................................... 41 Section 4.08 Transfer of Certificate Account....................................................... 43 ................................................................... 42 Section 4.09 Maintenance of Hazard Insurance Policies.............................................. 44 .......................................................... 42 -i- TABLE OF CONTENTS (continued) Page Section 4.10 Fidelity Bond and Errors and Omissions Insurance.................................................. 43 Section 4.11 Collections under Hazard Insurance Policies, Consent to Transfers of Manufactured Homes, Assumption Agreements.......................................................... 45 ............................................................................. 44 Section 4.12 Realization upon Defaulted Contracts.................................................. 46 .............................................................. 45 Section 4.13 Costs and Expenses.................................................................... 47 ................................................................................ 45 Section 4.14 Trustee to Cooperate.............................................................................. 45 Section 4.15 Servicing and Other Compensation.................................................................. 4746