Common use of Changes to Servicing Contracts and the Guide Clause in Contracts

Changes to Servicing Contracts and the Guide. The Guide or any Servicing Contract may be more restrictive than the Trust Documents. Changes can be made to the Guide or any Servicing Contract without the approval of any Holder, provided that such changes do not cause the Guide or a Servicing Contract to permit any activity with respect to any Mortgage Loan that conflicts with (other than being more restrictive than) a requirement of the Trust Documents. If a change in the Guide or any Servicing Contract, as applied to a Mortgage Loan, would conflict with (other than being more restrictive than) a requirement of the Trust Documents, then that change will not be effective with respect to that Mortgage Loan unless that change is approved in the manner prescribed in Article XIV as if it were an Amendment of the Trust Documents. If there is a conflict between the Trust Documents and any Servicing Contract or the Guide (other than the Servicing Contract or the Guide being more restrictive than the Trust Documents), the provisions of the Trust Documents will control.

Changes to Servicing Contracts and the Guide. The Guide or any Servicing Contract may be more restrictive than the Trust Documents. Changes can be made to the Guide or any Servicing Contract without the approval of any Holder, provided that such changes do not cause the Guide or a Servicing Contract to permit any activity with respect to any Mortgage Loan that conflicts with (other than being more restrictive than) a requirement of the Trust Documents. If a change in the Guide or any Servicing Contract, as applied to a Mortgage Loan, would conflict with (other than being more restrictive than) a requirement of the Trust Documents, then that change will not be effective with respect to that Mortgage Loan unless that change is approved in the manner prescribed in Article XIV as if it were an Amendment of the Trust Documents. If there is a conflict between the Trust Documents and any Servicing Contract or the Guide (other than the Servicing Contract or the Guide being more restrictive than the Trust Documents), the provisions of the Trust Documents will control.control.‌

Changes to Servicing Contracts and the Guide. The Guide or any Servicing Contract may be more restrictive than the Trust Documents. Changes can be made to the Guide or any Servicing Contract without the approval of any Holder, provided that such changes do not cause the Guide or a Servicing Contract to permit any activity with respect to any Mortgage Loan that conflicts with (other than being more restrictive than) a requirement of the Trust Documents. If a change in the Guide or any Servicing Contract, as applied to a Mortgage Loan, would conflict with (other than being more restrictive than) a requirement of the Trust Documents, then that change will not be effective with respect to that Mortgage Loan unless that change is approved in the manner prescribed in Article XIV as if it were an Amendment of the Trust Documents. If there is a conflict between the Trust Documents and any Servicing Contract or the Guide (other than the Servicing Contract or the Guide being more restrictive than the Trust Documents), the provisions of the Trust Documents will control.control.‌‌