Common use of ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER Clause in Contracts

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 Section 9.05 Representations and Warranties of the Master Servicer 88 Section 9.06 Master Servicer Events of Default 90 Section 9.07 Waiver of Default 91 Section 9.08 Successor to the Master Servicer 91 Section 9.09 [Reserved] 92 Section 9.10 Merger or Consolidation 93 Section 9.11 Resignation of the Master Servicer 93 Section 9.12 Assignment or Delegation of Duties by the Master Servicer 93 Section 9.13 Limitation on Liability of the Master Servicer 94 Section 9.14 Indemnification; Third Party Claims 94 Section 10.01 Duties of Securities Administrator 95 Section 10.02 Certain Matters Affecting the Securities Administrator 96 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 Section 10.04 Securities Administrator May Own Certificates 98 Section 10.05 Securities Administrator’s Fees and Expenses 98 Section 10.06 Eligibility Requirements for Securities Administrator 99 Section 10.07 Resignation and Removal of Securities Administrator 100 Section 10.08 Successor Securities Administrator 101 Section 10.09 Merger or Consolidation of Securities Administrator 101 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Section 9.01 Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 98 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 100 Section 9.05 9.03 Representations and Warranties of the Master Servicer 88 100 Section 9.06 9.04 Master Servicer Events of Default 90 102 Section 9.07 9.05 Waiver of Default 91 104 Section 9.08 9.06 Successor to the Master Servicer 91 104 Section 9.09 [Reserved] 92 9.07 Compensation of the Master Servicer 105 Section 9.10 9.08 Merger or Consolidation 93 105 Section 9.11 9.09 Resignation of the Master Servicer 93 106 Section 9.12 9.10 Assignment or Delegation of Duties by the Master Servicer 93 106 Section 9.13 9.11 Limitation on Liability of the Master Servicer 94 Section 9.14 Indemnification; Third Party Claims 94 106 Section 10.01 Duties of the Securities Administrator 95 Administrator. 108 Section 10.02 Certain Matters Affecting the Securities Administrator 96 109 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 111 Section 10.04 Securities Administrator May Own Certificates 98 111 Section 10.05 Securities Administrator’s Fees and Expenses 98 111 Section 10.06 Eligibility Requirements for the Securities Administrator 99 112 Section 10.07 Resignation and Removal of the Securities Administrator 100 113 Section 10.08 Successor Securities Administrator 101 114 Section 10.09 Merger or Consolidation of the Securities Administrator 101 114 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107115

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Duties of the Master Servicer; Enforcement of Each each Servicer’s Obligations 86 104 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 105 Section 9.03 [Reserved] 88 105 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 105 Section 9.05 Representations and Warranties of the Master Servicer 88 106 Section 9.06 Master Servicer Events of Default 90 107 Section 9.07 Waiver of Default 91 109 Section 9.08 Successor to the Master Servicer 91 109 Section 9.09 [Reserved] 92 110 Section 9.10 Merger or Consolidation 93 110 Section 9.11 Resignation of the Master Servicer 93 111 Section 9.12 Assignment or Delegation of Duties by the Master Servicer 93 111 Section 9.13 Limitation on Liability of the Master Servicer 94 111 Section 9.14 Indemnification; Third Party Claims 94 112 Section 10.01 Duties of Securities Administrator 95 112 Section 10.02 Certain Matters Affecting the Securities Administrator 96 113 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 116 Section 10.04 Securities Administrator May Own Certificates 98 116 Section 10.05 Securities Administrator’s Fees and Expenses 98 116 Section 10.06 Eligibility Requirements for Securities Administrator 99 117 Section 10.07 Resignation and Removal of Securities Administrator 100 118 Section 10.08 Successor Securities Administrator 101 118 Section 10.09 Merger or Consolidation of Securities Administrator 101 119 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 119 Section 10.11 Dissemination of Confidential Information 102 120 Section 11.01 REMIC Administration 102 120 Section 11.02 [Reserved] 105 123 Section 11.03 Designation of REMIC(s) 105 123 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests, REMIC 2 Regular Interests, and REMIC 3 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107124

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Section 9.01 Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 56 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 Insurance. 57 Section 9.05 9.03 Representations and Warranties of the Master Servicer 88 and Others. 57 Section 9.06 9.04 Master Servicer Events of Default 90 Default. 59 Section 9.07 9.05 Waiver of Default 91 61 Section 9.08 9.06 Successor to the Master Servicer 91 Servicer. 61 Section 9.07 Compensation of the Master Servicer. 63 Section 9.08 Merger or Consolidation. 63 Section 9.09 [Reserved] 92 Section 9.10 Merger or Consolidation 93 Section 9.11 Resignation of the Master Servicer 93 Servicer. 63 Section 9.12 9.10 Assignment or Delegation of Duties by the Master Servicer 93 Servicer. 63 Section 9.13 9.11 Limitation on Liability of the Master Servicer 94 Servicer. 64 Section 9.14 9.12 Indemnification; Third Party Claims 94 Claims. 64 Section 10.01 Duties of the Securities Administrator 95 65 Section 10.02 Certain Matters Affecting the Securities Administrator 96 66 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 Loans. 68 Section 10.04 Securities Administrator May Own Certificates 98 Certificates. 68 Section 10.05 Securities Administrator’s Fees and Expenses 98 68 Section 10.06 Eligibility Requirements for the Securities Administrator 99 Administrator. 69 Section 10.07 Resignation and Removal of the Securities Administrator 100 Administrator. 70 Section 10.08 Successor Securities Administrator 101 Administrator. 71 Section 10.09 Merger or Consolidation of the Securities Administrator 101 72 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107Administrator. 72

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Section 9.01 Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 52 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 53 Section 9.05 9.03 Representations and Warranties of the Master Servicer 88 and Others 53 Section 9.06 9.04 Master Servicer Events of Default 90 55 Section 9.07 9.05 Waiver of Default 91 57 Section 9.08 9.06 Successor to the Master Servicer 91 57 Section 9.09 [Reserved] 92 9.07 Compensation of the Master Servicer 59 Section 9.10 9.08 Merger or Consolidation 93 59 Section 9.11 9.09 Resignation of the Master Servicer 93 59 Section 9.12 9.10 Assignment or Delegation of Duties by the Master Servicer 93 59 Section 9.13 9.11 Limitation on Liability of the Master Servicer 94 60 Section 9.14 9.12 Indemnification; Third Party Claims 94 60 Section 10.01 Duties of the Securities Administrator 95 61 Section 10.02 Certain Matters Affecting the Securities Administrator 96 62 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 64 Section 10.04 Securities Administrator May Own Certificates 98 64 Section 10.05 Securities Administrator’s Fees and Expenses 98 64 Section 10.06 Eligibility Requirements for the Securities Administrator 99 65 Section 10.07 Resignation and Removal of the Securities Administrator 100 66 Section 10.08 Successor Securities Administrator 101 67 Section 10.09 Merger or Consolidation of the Securities Administrator 101 68 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 10768

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Section 9.01 Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 Servicer Obligations. 135 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 [Reserved] 136 Section 9.03 [Reserved] 88 136 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 Insurance. 136 Section 9.05 Representations and Warranties of the Master Servicer 88 136 Section 9.06 Master Servicer Events of Default 90 138 Section 9.07 Waiver of Default 91 Default. 139 Section 9.08 Successor to the Master Servicer 91 Servicer. 139 Section 9.09 [Reserved] 92 Compensation of the Master Servicer. 140 Section 9.10 Merger or Consolidation 93 Consolidation. 140 Section 9.11 Resignation of the Master Servicer 93 Servicer. 141 Section 9.12 Assignment or Delegation of Duties by the Master Servicer 93 Servicer. 141 Section 9.13 Limitation on Liability of the Master Servicer 94 Servicer. 141 Section 9.14 Indemnification; Third Party Claims 94 Claims. 142 Section 10.01 Duties of Securities Administrator 95 Administrator. 143 Section 10.02 Certain Matters Affecting the Securities Administrator 96 Administrator. 144 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 Loans. 145 Section 10.04 Securities Administrator May Own Certificates 98 Certificates. 146 Section 10.05 Securities Administrator’s Fees and Expenses 98 Expenses. 146 Section 10.06 Eligibility Requirements for Securities Administrator 99 Administrator. 147 Section 10.07 Resignation and Removal of Securities Administrator 100 Section 10.08 Successor Securities Administrator 101 Section 10.09 Merger or Consolidation of Securities Administrator 101 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107Administrator. 147

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Section 9.01. Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 9.02. Maintenance of Fidelity Bond and Errors and Omissions Insurance Insurance. 88 Section 9.05 9.03. Representations and Warranties of the Master Servicer 88 Section 9.06 9.04. Master Servicer Events of Default 90 Section 9.07 9.05. Waiver of Default 91 92 Section 9.08 9.06. Successor to the Master Servicer 91 Section 9.09 [Reserved] 92 Section 9.10 Merger or Consolidation 93 Section 9.11 Resignation 9.07. Compensation of the Master Servicer 93 Section 9.12 9.08. Merger or Consolidation 93 Section 9.09. Resignation of the Master Servicer 94 Section 9.10. Assignment or Delegation of Duties by the Master Servicer 93 94 Section 9.13 9.11. Limitation on Liability of the Master Servicer 94 Section 9.14 9.12. Indemnification; Third Party Claims 94 95 Section 10.01 10.01. Duties of the Securities Administrator 95 96 Section 10.02 10.02. Certain Matters Affecting the Securities Administrator 96 97 Section 10.03 10.03. Securities Administrator Not Liable for Certificates or Mortgage Loans 98 99 Section 10.04 10.04. Securities Administrator May Own Certificates 98 99 Section 10.05 10.05. Securities Administrator’s Fees and Expenses 98 99 Section 10.06 10.06. Eligibility Requirements for the Securities Administrator 99 100 Section 10.07 10.07. Resignation and Removal of Securities Administrator 100 Section 10.08 Successor the Securities Administrator 101 Section 10.09 10.08. Successor Securities Administrator 102 Section 10.09. Merger or Consolidation of the Securities Administrator 101 102 Section 10.10 10.10. Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107102

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 98 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 100 Section 9.05 9.03 Representations and Warranties of the Master Servicer 88 100 Section 9.06 9.04 Master Servicer Events of Default 90 102 Section 9.07 9.05 Waiver of Default 91 104 Section 9.08 9.06 Successor to the Master Servicer 91 104 Section 9.09 [Reserved] 92 9.07 Compensation of the Master Servicer 105 Section 9.10 9.08 Merger or Consolidation 93 105 Section 9.11 9.09 Resignation of the Master Servicer 93 106 Section 9.12 9.10 Assignment or Delegation of Duties by the Master Servicer 93 106 Section 9.13 9.11 Limitation on Liability of the Master Servicer 94 Section 9.14 Indemnification; Third Party Claims 94 106 Section 10.01 Duties of the Securities Administrator 95 Administrator. 108 Section 10.02 Certain Matters Affecting the Securities Administrator 96 109 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 111 Section 10.04 Securities Administrator May Own Certificates 98 111 Section 10.05 Securities Administrator’s Fees and Expenses 98 111 Section 10.06 Eligibility Requirements for the Securities Administrator 99 112 Section 10.07 Resignation and Removal of the Securities Administrator 100 113 Section 10.08 Successor Securities Administrator 101 114 Section 10.09 Merger or Consolidation of the Securities Administrator 101 114 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107114

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 111 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 112 Section 9.03 [Reserved] 88 112 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 112 Section 9.05 Representations and Warranties of the Master Servicer 88 113 Section 9.06 Master Servicer Events of Default 90 114 Section 9.07 Waiver of Default 91 116 Section 9.08 Successor to the Master Servicer 91 116 Section 9.09 [Reserved] 92 117 Section 9.10 Merger or Consolidation 93 117 Section 9.11 Resignation of the Master Servicer 93 117 Section 9.12 Assignment or Delegation of Duties by the Master Servicer 93 118 Section 9.13 Limitation on Liability of the Master Servicer 94 118 Section 9.14 Indemnification; Third Party Claims 94 119 Section 10.01 Duties of Securities Administrator 95 119 Section 10.02 Certain Matters Affecting the Securities Administrator 96 120 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 122 Section 10.04 Securities Administrator May Own Certificates 98 123 Section 10.05 Securities Administrator’s Fees and Expenses 98 123 Section 10.06 Eligibility Requirements for Securities Administrator 99 124 Section 10.07 Resignation and Removal of Securities Administrator 100 124 Section 10.08 Successor Securities Administrator 101 125 Section 10.09 Merger or Consolidation of Securities Administrator 101 126 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 126 Section 10.11 Dissemination of Confidential Information 102 126 Section 11.01 REMIC Administration 102 127 Section 11.02 [Reserved] 105 130 Section 11.03 Designation of REMIC(s) 105 130 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests, REMIC 2 Regular Interests, and REMIC 3 Regular Interests 106 130 Section 11.05 Compliance with Withholding Requirements 107133

ADMINISTRATION OF THE MORTGAGE LOANS BY THE MASTER SERVICER. Duties of the Master Servicer; Enforcement of Each Servicer’s Obligations 86 100 Section 9.02 Provision to the Securities Administrator of Loan-Level Information 88 Section 9.03 [Reserved] 88 Section 9.04 Maintenance of Fidelity Bond and Errors and Omissions Insurance 88 101 Section 9.05 9.03 Representations and Warranties of the Master Servicer 88 and Others 101 Section 9.06 9.04 Master Servicer Events of Default 90 103 Section 9.07 9.05 Waiver of Default 91 105 Section 9.08 9.06 Successor to the Master Servicer 91 105 Section 9.09 [Reserved] 92 9.07 Compensation of the Master Servicer 107 Section 9.10 9.08 Merger or Consolidation 93 107 Section 9.11 9.09 Resignation of the Master Servicer 93 107 Section 9.12 9.10 Assignment or Delegation of Duties by the Master Servicer 93 107 Section 9.13 9.11 Limitation on Liability of the Master Servicer 94 108 Section 9.14 9.12 Indemnification; Third Party Claims 94 108 Section 10.01 Duties of the Securities Administrator 95 109 Section 10.02 Certain Matters Affecting the Securities Administrator 96 110 Section 10.03 Securities Administrator Not Liable for Certificates or Mortgage Loans 98 112 Section 10.04 Securities Administrator May Own Certificates 98 112 Section 10.05 Securities Administrator’s Fees and Expenses 98 112 Section 10.06 Eligibility Requirements for the Securities Administrator 99 113 Section 10.07 Resignation and Removal of the Securities Administrator 100 114 Section 10.08 Successor Securities Administrator 101 115 Section 10.09 Merger or Consolidation of the Securities Administrator 101 116 Section 10.10 Assignment or Delegation of Duties by the Securities Administrator 102 Section 10.11 Dissemination of Confidential Information 102 Section 11.01 REMIC Administration 102 Section 11.02 [Reserved] 105 Section 11.03 Designation of REMIC(s) 105 Section 11.04 Distributions on Uncertificated REMIC 1 Regular Interests 106 Section 11.05 Compliance with Withholding Requirements 107116