Common use of Collection and Allocation of Mortgage Loan Payments Clause in Contracts

Collection and Allocation of Mortgage Loan Payments. (a) The Master Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans as and when the same shall become due and shall follow such collection procedures as it follows with respect to all mortgage loans in its servicing portfolio comparable to the Mortgage Loans that it services for itself or others.

Appears in 5 contracts

Samples: Master Servicing Agreement (Gs Mortgage Securities Corp), Master Servicing Agreement (Gs Mortgage Securities Corp), Master Servicing Agreement (Gs Mortgage Securities Corp)

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Collection and Allocation of Mortgage Loan Payments. (a) The Master Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans as and when the same shall become due and shall follow such collection procedures as it follows with respect to all mortgage loans in its servicing portfolio comparable to the Mortgage Loans that it services for itself or others.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB)

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