Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.........................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund and the Distribution Account..........................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-34cb), Pooling and Servicing Agreement (Alternative Loan Trust 2005-34cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. the Supplemental Loan Account; Capitalized Interest Account; Trust and the Corridor Contract Reserve Fund........................................................................., the ES Grantor Trust and the Exchangeable Certificates Distribution Account.................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account; , the Corridor Contract Reserve Fund and the Exchangeable Certificates Distribution Account..........................III-8 .................................................................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 III-17 SECTION 3.193.18. The Corridor Contract...............................................................III-18Contracts..............................................................III-17 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-45t1)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.........................................................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Distribution Account and the Corridor Contract Reserve Fund and the Distribution Account..........................Fund...............................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .....................................................................III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 ..........................III-17 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 III-17 SECTION 3.19. The Corridor Contract...............................................................III-18Contracts..............................................................III-18 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-46cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Class 2-A-7 Reserve Fund.....................................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .........................................III-8 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.....................................III-8 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund Distribution Account and the Distribution Account..........................III-8 Class 2-A-7 Reserve Fund............................................III-9 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 .............................III-11 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements........................................................................III-12 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ...................III-14 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ........III-17 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .............III-18 SECTION 3.14. Servicing Compensation..............................................................III-17 .................................III-18 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18........................III-19
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-12 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund..............................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .......III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ............................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund and the Distribution Account..........................III-8 ..............................................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ..................................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ...........................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ..........................III-14 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .....................................................III-14 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18III-15
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-9 Reserve Fund; Class A-10 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.....................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .......III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ............................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Reserve Funds, Rounding Account; Corridor Contract Reserve Fund Account and the Distribution Account..........................III-8 ......................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ..................................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ...........................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ..........................III-13 SECTION 3.13. Documents, Documents Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .....................................................III-14 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18III-15
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-4 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.......................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 ...........................................III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ..............................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund Funds and the Distribution Account..........................III-8 ............III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ....................................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 .....................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ..........III-13 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 ...............III-14 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18...................................III-15
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan AccountSeller Shortfall Interest Requirement; Capitalized Interest Account; Corridor Contract Principal Reserve Fund.........................................................................III-3 SECTION 3.06. ................................59 ------------------------------------------------------------- Section 3.06 Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. ..........................63 ------------------------------------------------------------------- Section 3.07 Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 SECTION 3.08. .................63 ---------------------------------------------------------------------------- Section 3.08 Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund Distribution Account and the Distribution Account..........................III-8 SECTION 3.09. --------------------------------------------------------------------------------- Carryover Reserve Fund.......................................................................63 ---------------------- Section 3.09 The Loan Insurance Policy....................................................................66 ------------------------- Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. ..............................................................66 ------------------------------- Section 3.11 Enforcement of Due-onOn-Sale Clauses; Assumption Agreements...........................III-12 SECTION 3.11. ....................................67 --------------------------------------------------------- Section 3.12 Realization Upon Defaulted Mortgage Loans; Determination of Excess Proceeds and -------------------------------------------------------------------------------- Realized Losses; Repurchase of Certain Mortgage Loans.....III-13 SECTION 3.12. ........................................68 ----------------------------------------------------- Section 3.13 Trustee to Cooperate; Release of Mortgage Files.....................................III-16 SECTION 3.13. ..............................................71 ----------------------------------------------- Section 3.14 Documents, Records and Funds in Possession of Master Servicer to be Held for the --------------------------------------------------------------------------------- Trustee.............................................................................III-16 SECTION 3.14. ......................................................................................72 ------- Section 3.15 Servicing Compensation..............................................................III-17 SECTION 3.15. .......................................................................72 ---------------------- Section 3.16 Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18..............................................................73 -------------------------------
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Prefunding Account; Capitalized Interest Account; Corridor Account and the Cap Contract Reserve Fund.....................................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts...........................................................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ............................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Distribution Account and the Cap Contract Reserve Fund and the Distribution Account..........................III-8 Fund............................................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ..............................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 .............................................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ..............................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ........III-14 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .............III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 .................................III-15 SECTION 3.15. Access to Certain Documentation.....................................................III-17 ........................III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 ......................III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 .........III-17 SECTION 3.193.18. The Corridor Cap Contract...............................................................III-18.......................................III-17
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-12cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Pre-funding Account; Capitalized Interest Account; the Supplemental Interest Trust and the Corridor Contract Reserve Fund.........................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Distribution Account and the Corridor Contract Reserve Fund and the Distribution Account..........................Fund...............................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ...............................................................................III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .........................................................................III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 III-17 SECTION 3.193.18. The Corridor Contract...............................................................III-18Contracts..............................................................III-17 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-6cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; the Pre-funding Account the Capitalized Interest Account; the Supplemental Interest Trust and the Corridor Contract Reserve Fund.........................................................................; the Principal Reserve Fund..............................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts...........................................................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ............................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account; , the Corridor Contract Reserve Fund and the Distribution Account..........................Principal Reserve Fund.............III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.......................................III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 .............................................III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ..............................III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ........III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 ....................III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 .................................III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 ........................III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 ......................III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds...............................................III-18 SECTION 3.18. The Corridor Contracts.................................III-18 SECTION 3.19. The Corridor Contract...............................................................Prepayment Charges.....................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-J5)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Class A-4 Reserve Fund.........................................................................; Pre-Funding Account..................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 ...................III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 .................................................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, ; the Rounding Account; Corridor Contract Class A-4 Reserve Fund and the Distribution Account..........................III-8 .................................................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ..............................................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ............................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 .......................................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ......................................III-13 SECTION 3.13. Documents, Documents Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 ......................................................................III-14 SECTION 3.14. Servicing Compensation..............................................................III-17 ...............................................................III-14 SECTION 3.15. Access to Certain Documentation.....................................................III-17 ......................................................III-15 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 ....................................................III-15 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 ...........................................................................III-15 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18.......................................III-16 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.........................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Distribution Account and the Corridor Contract Reserve Fund and the Distribution Account..........................Fund...................................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 ..........................III-17 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................Contracts..............................................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-42cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-8 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund...........................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 ....III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 .........................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Reserve Funds, the Rounding Account; Corridor Contract Reserve Fund Account and the Distribution Account..........................III-8 ...............III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ...............................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 .............III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ........................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 .......................III-14 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18..................................................III-14
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-3 Reserve Fund; Class A-4 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .............................................................III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 .......................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Reserve Funds, the Rounding Account; Corridor Contract Reserve Fund Accounts and the Distribution Account..........................III-8 ............III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 .............................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ...........III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ......................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 .....................III-14 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .............................................III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 ..............................................III-15 SECTION 3.15. Access to Certain Documentation.....................................................III-17 .....................................III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 ...................................III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18................................................III-16
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.........................................................................; Principal Reserve Fund; Shortfall Reserve Fund.................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .............................................................III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 .......................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account; , the Corridor Contract Reserve Fund, the Principal Reserve Fund and the Distribution Account..........................III-8 Shortfall Reserve Fund................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 .............................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ...........III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ......................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 .....................III-14 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .............................................III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 ..............................................III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 .....................................III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 ...................................III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 ................................................III-16 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds............................................................III-18 SECTION 3.19. The Corridor Contract...............................................................Contracts..............................................III-18 SECTION 3.20. Prepayment Charges..................................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Countrywide Home Loans 2005-J9)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Carryover Reserve Fund.........................................................................III-3 ; Principal Reserve Fund; Carryover Shortfall Reserve Fund...................................................54 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 ........................................58 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ...........................58 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account, the Carryover Reserve Fund; Corridor Contract the Principal Reserve Fund Fund; and the Distribution Account..........................III-8 Carryover Shortfall Reserve Fund...........................................59 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 .....................................61 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 .............................................63 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ..............................64 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18........67
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-Oa11)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Pre-funding Account; Capitalized Interest Account; Corridor Contract Reserve Fund.............................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, Account and the Rounding Account; Distribution Account and the Corridor Contract Reserve Fund and the Distribution Account..........................Fund...............................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ...........III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 III-17 SECTION 3.193.18. The Corridor Contract...............................................................III-18Contracts..............................................................III-17 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-7cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-4 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund..............................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 .......III-6 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 ............................................................III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund Funds and the Distribution Account..........................III-8 ..............................................III-7 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 ..................................................................III-9 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 ................III-10 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ...........................................................III-11 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ..........................III-13 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 .....................................................III-14 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18III-15
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Class A-6 Reserve Fund; Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Class A-1 Reserve Fund........................................................................................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Reserve Funds, the Rounding Account; Corridor Contract Reserve Fund Account and the Distribution Account..................................................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee..................................................................................................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements..............................III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18
Appears in 1 contract
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Pre-Funding Account; Capitalized Interest Account; the Supplemental Interest Trust and the Corridor Contract Reserve Fund.........................................................................; the Principal Reserve Fund..............................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts...........................................................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.....................................III-8 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account; , the Corridor Contract Reserve Fund and the Distribution Account..........................Principal Reserve Fund.............III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.......................................III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 .............................................III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 ..............................III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 ........III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.................................................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 .................................III-16 SECTION 3.15. Access to Certain Documentation.............................................................................III-17 SECTION 3.16. Annual Statement as to Compliance.........................................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds...............................................III-18 SECTION 3.18. The Corridor Contracts.................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18Prepayment Charges.....................................III-18 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-J2)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Pre-Funding Account; Capitalized Interest Account; Account and the Corridor Contract Reserve Fund.........................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Distribution Account and the Corridor Contract Reserve Fund and the Distribution Account..........................Fund...................................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 III-17 SECTION 3.193.18. The Corridor Contract...............................................................Contracts..............................................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-41cb)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Pre-funding Account; Capitalized Interest Account; the Supplemental Interest Trust and the Corridor Contract Reserve Fund.........................................................................; the Principal Reserve Fund.............III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Distribution Account; , the Corridor Contract Reserve Fund and the Distribution Account..........................Principal Reserve Fund....................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 III-15 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 III-16 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.193.18. The Corridor Contract...............................................................Contracts..............................................................III-18 SECTION 3.19. Prepayment Charges..................................................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-J4)
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account. Supplemental Loan Account; Capitalized Interest Account; Corridor Contract Reserve Fund.........................................................................III-3 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts..................III-7 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans.........III-8 III-7 SECTION 3.08. Permitted Withdrawals from the Certificate Account, the Rounding Account; Corridor Contract Reserve Fund and the Distribution Account......................................................................III-8 SECTION 3.09. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........III-10 SECTION 3.10. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................III-12 III-11 SECTION 3.11. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....III-13 III-12 SECTION 3.12. Trustee to Cooperate; Release of Mortgage Files.....................................III-16 III-15 SECTION 3.13. Documents, Records and Funds in Possession of Master Servicer to be Held for the Trustee.............................................................................III-16 SECTION 3.14. Servicing Compensation..............................................................III-17 III-16 SECTION 3.15. Access to Certain Documentation.....................................................III-17 III-16 SECTION 3.16. Annual Statement as to Compliance...................................................III-17 SECTION 3.17. Annual Independent Public Accountants' Servicing Statement; Financial Statements....III-18 III-17 SECTION 3.18. Errors and Omissions Insurance; Fidelity Bonds......................................III-18 SECTION 3.19. The Corridor Contract...............................................................III-18
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-26cb)