Common use of Assumption and Modification Agreements Clause in Contracts

Assumption and Modification Agreements. 20 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 Section 3.09. Annual Statement as to Compliance. .....................................................23 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24

Assumption and Modification Agreements. 20 26 Section 3.06. 3.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ...................27 Section 3.07. 3.07 Indenture Trustee to Cooperate. ........................................................21 ..........................29 Section 3.08. 3.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 ............................30 Section 3.09. 3.09 Annual Statement as to Compliance. .....................................................23 .......................30 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ...........................31 Section 3.12. 3.11 Maintenance of Certain Servicing Insurance Policies. ...................................24 ...............................................31 Section 3.13. Reports to the Securities and Exchange Commission. .....................................243.12 The Loan Insurance Policy...............................31 ARTICLE IV SERVICING CERTIFICATE 33

Assumption and Modification Agreements. 20 Section 3.0663 3.08. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................ 64 3.09. .......20 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 Section 3.08; Release of Mortgage Files.......... 68 3.10. Servicing Compensation; Payment of Certain Expenses by Master Servicerthe Company.................................. 68 3.11. ................23 Section 3.09Reports to the Trustee; Certificate Account Statements............................................... 69 3.12. Annual Statement as to Compliance. .....................................................23 Section 3.10........................ 69 3.13. Annual Independent Public Accountants' Servicing Report. ...............................................................23 Section 3.11......................................... 70 3.14. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Section 3.12............................. 70 3.15. Maintenance of Certain Servicing Insurance Policies................ 71 3.16. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24Optional Purchase of Defaulted Mortgage Loans............ 71 ARTICLE IV

Assumption and Modification Agreements. 20 29 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ...................................30 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 .....................................31 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 .................................................32 Section 3.09. Annual Statement as to Compliance. .....................................................23 ..................................32 Section 3.10. Annual Servicing Report. ...............................................................23 ............................................33 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ...........................................33 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 ................33 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24..................34

Assumption and Modification Agreements. 20 44 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ....................................................... 45 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 ................................................... 45 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 .................. 46 Section 3.09. Annual Statement as to Compliance. .....................................................23 ................................................ 47 Section 3.10. Annual Servicing Report. ...............................................................23 .......................................................... 47 Section 3.11. Annual Opinion of Counsel........................................................ 47 Section 3.12. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ............................................................... 47 Section 3.123.13. Maintenance of Certain Servicing Insurance Policies. ...................................24 .............................. 48 Section 3.133.14. Reports to the Securities and Exchange Commission................................ 48 Section 3.15. .....................................24Tax Returns...................................................................... 48

Assumption and Modification Agreements. 20 26 Section 3.06. 3.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ..........................................................................27 Section 3.07. 3.07 Indenture Trustee to Cooperate. ........................................................21 ...........................................................28 Section 3.08. 3.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 ...................30 Section 3.09. 3.09 Annual Statement as to Compliance. .....................................................23 ........................................................30 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ..........................................................................31 Section 3.12. 3.11 Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24......................................31

Assumption and Modification Agreements. 20 26 Section 3.06. 3.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ; Auction of Charged-off Mortgage Loans....................................27 Section 3.07. 3.07 Indenture Trustee to Cooperate. ........................................................21 ..................................................29 Section 3.08. 3.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 ..........30 Section 3.09. 3.09 Annual Statement as to Compliance. .....................................................23 ...............................................31 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ....31 Section 3.12. 3.11 Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24.............................32 ARTICLE IV SERVICING CERTIFICATE

Assumption and Modification Agreements. 20 26 Section 3.06. 3.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ; Auction of Charged-off Mortgage Loans.....................................................................27 Section 3.07. 3.07 Indenture Trustee to Cooperate. ........................................................21 ....................................................................29 Section 3.08. 3.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 ............................30 Section 3.09. 3.09 Annual Statement as to Compliance. .....................................................23 .................................................................31 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ......................31 Section 3.12. 3.11 Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24...............................................32 ARTICLE IV SERVICING CERTIFICATE

Assumption and Modification Agreements. 20 26 Section 3.06. 3.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ; Auction of Charged-off Mortgage Loans...........................27 Section 3.07. 3.07 Indenture Trustee to Cooperate. ........................................................21 ..................................................29 Section 3.08. 3.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 ..........30 Section 3.09. 3.09 Annual Statement as to Compliance. .....................................................23 ...............................................30 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ....31 Section 3.12. 3.11 Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24.............................32 ARTICLE IV SERVICING CERTIFICATE

Assumption and Modification Agreements. 20 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 22 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 Section 3.09. Annual Statement as to Compliance. .....................................................23 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24

Assumption and Modification Agreements. 20 47 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 .................. 48 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 ......................................... 49 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 .......................... 50 Section 3.09. Annual Statement as to Compliance. .....................................................23 ............................ 50 Section 3.10. Annual Servicing Report. ...............................................................23 ...................................... 51 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ..................... 51 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 ........................................... 52 Section 3.13. Reports to the Securities and Exchange Commission................................................... 52 Section 3.14. .....................................24Tax Returns.................................................. 52 Section 3.15. Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property..................................................... 53

Assumption and Modification Agreements. 20 32 Section 3.065.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 .............................................32 Section 3.075.07. Indenture Trustee to Cooperate. ........................................................21 33 Section 3.085.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 35 Section 3.095.09. Annual Statement as to Compliance. .....................................................23 35 Section 3.105.10. Annual Independent Public Accountants' Servicing Report. ...............................................................23 ...............................35 Section 3.115.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Documentation.......................................................36 Section 3.125.12. Maintenance of Certain Servicing Insurance PoliciesFidelity Bond..........................................................36 Section 5.13. ...................................24 Subservicing Agreements Between the Master Servicer and Subservicers..................36 Section 3.135.14. Reports to the Securities and Exchange CommissionIndenture Trustee; Collection Account Statements.......................37 Section 5.15. .....................................24Optional Purchase of Defaulted Mortgage Loans.........................................38

Assumption and Modification Agreements. 20 Section 3.06. 5.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ...................................................21 Section 3.07. 5.07 Indenture Trustee to Cooperate. ........................................................21 ..............................................................22 Section 3.08. 5.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 .............................22 Section 3.09. 5.09 Annual Statement as to Compliance. ................................................................................................................22 Section 5.10 Annual Independent Public Accountants' Servicing Report.....................................23 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. 5.11 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Documentation.............................................................23 Section 3.12. 5.12 Maintenance of Certain Servicing Insurance Policies. ...................................24 Fidelity Bond................................................................23 Section 3.13. 5.13 The Subservicers............................................................................23 Section 5.14 Reports to the Securities and Exchange Commission. .....................................Indenture Trustee; Collection Account Statements.............................24

Assumption and Modification Agreements. 20 Section 3.06. 5.06 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......Loans ............... 20 Section 3.07. 5.07 Indenture Trustee to Cooperate. ........................................................21 Cooperate .......................... 22 Section 3.08. 5.08 Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 Servicer ............................................. 22 Section 3.09. 5.09 Annual Statement as to Compliance. .....................................................23 Compliance ....................... 22 Section 3.10. 5.10 Annual Independent Public Accountants' Servicing Report. ...............................................................23 Report .................................................. 22 Section 3.11. 5.11 Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ......................... 23 Section 3.12. 5.12 Maintenance of Certain Servicing Insurance Policies. ...................................24 Fidelity Bond ............................ 23 Section 3.13. 5.13 The Subservicers ........................................ 23 Section 5.14 Reports to the Securities and Exchange Commission. .....................................24Indenture Trustee; Collection Account Statements .............................................. 23

Assumption and Modification Agreements. 20 26 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 ...................................................27 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 ...................................28 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 .........................................................29 Section 3.09. Annual Statement as to Compliance. .....................................................23 ................................29 Section 3.10. Annual Servicing Report. ...............................................................23 ..........................................29 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 ...................................................30 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24..............30

Assumption and Modification Agreements. 20 19 Section 3.06. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans. .......20 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 Section 3.08. Servicing Compensation; Payment of Certain Expenses by Master Servicer. ................23 22 Section 3.09. Annual Statement as to Compliance. .....................................................23 22 Section 3.10. Annual Servicing Report. ...............................................................23 Section 3.11. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 23 Section 3.12. Maintenance of Certain Servicing Insurance Policies. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24

Assumption and Modification Agreements. 20 Section 3.0663 3.08. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................ 64 3.09. .......20 Section 3.07. Indenture Trustee to Cooperate. ........................................................21 Section 3.08; Release of Mortgage Files.......... 67 3.10. Servicing Compensation; Payment of Certain Expenses by Master Servicerthe Company.......................................... 68 3.11. ................23 Section 3.09Reports to the Trustee; Certificate Account Statements.............................................. 69 3.12. Annual Statement as to Compliance. .....................................................23 Section 3.10........................ 69 3.13. Annual Independent Public Accountants' Servicing Report. ...............................................................23 Section 3.11.................................................. 69 3.14. Access to Certain Documentation and Information Regarding the Mortgage Loans. ..........24 Section 3.12............................ 70 3.15. Maintenance of Certain Servicing Insurance Policies................ 70 3.16. ...................................24 Section 3.13. Reports to the Securities and Exchange Commission. .....................................24Optional Purchase of Defaulted Mortgage Loans............ 70