Common use of CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES Clause in Contracts

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans...............................II-1 Section 2.02 Acceptance by Trust Administrator..........................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller...........................................II-3 Section 2.04 Execution and Delivery of Certificates....................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date.............II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account.......................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account........III-2 Section 3.03 Advances by Master Servicer and Trust Administrator.......III-4 Section 3.04 Trust Administrator to Cooperate; Release of Owner Mortgage-Loan Files.....................................III-5 Section 3.05 Reports to the Trustee and Trust Administrator; Annual Compliance Statements............................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage-Loan...........................................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions..................................III-7 Section 3.08 Oversight of Servicing....................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements.....III-11 Section 3.10 Application of Net Liquidation Proceeds..................III-12 Section 3.11 1934 Act Reports.........................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-11 Trust)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 2.01. Conveyance of Mortgage Loans...............................II-1 Section 2.02 2.02. Acceptance by Trust Administrator..........................Trustee......................................II-2 Section 2.03 2.03. Representations and Warranties of the Master Servicer and the Seller......................................................................II-3 Section 2.04 2.04. Execution and Delivery of Certificates.........................................II-10 Section 2.05 2.05. Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date.........................II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: SERVICING OF THE MORTGAGE LOANS Section 3.01 3.01. Certificate Account...............................................................................III-1 Section 3.02 3.02. Permitted Withdrawals from the Certificate Account.................III-2 Section 3.03 3.03. Advances by Master Servicer and Trust Administrator.......III-4 Trustee........................................III-3 Section 3.04 Trust Administrator 3.04. Trustee to Cooperate; Release of Owner Mortgage-Mortgage Loan Files.....................................III-5 ...............................................III-4 Section 3.05 3.05. Reports to the Trustee and Trust AdministratorTrustee; Annual Compliance Statements............................III-6 .......III-5 Section 3.06 3.06. Title, Management and Disposition of Any REO Mortgage-Mortgage Loan...........................................III-7 ............................................III-6 Section 3.07 3.07. Amendments to Servicing AgreementsAgreement, Modification of Standard Provisions.....................................................................III-7 Section 3.08 3.08. Oversight of Servicing....................................III-8 .....................................III-7 Section 3.09 3.09. Termination and Substitution of Servicing Agreements.....III-11 Agreement........III-10 Section 3.10 Application of Net Liquidation Proceeds..................III-12 Section 3.11 3.10. 1934 Act Reports.........................................III-12...........................................III-11 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Securities Corp Mor Pas Th Cert Ser 1997-11 Tr)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans...............................................................................II-1 Section 2.02 Acceptance by Trust Administrator..........................II-2 Custodian.....................................................II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller...........................................II-3 ........II-6 Section 2.04 Execution and Delivery of Certificates....................II-10 .....................................II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date.............II-10 ..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: ; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account...............................................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account.................................III-2 Section 3.03 Advances by Master Servicer and Trust Administrator.......III-4 Trustee....................................III-3 Section 3.04 Trust Administrator Custodian to Cooperate; Release of Owner Mortgage-Mortgage Loan Files....................................................III-5 Section 3.05 Reports to the Trustee and Trust AdministratorTrustee; Annual Compliance Statements...................................................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage-Mortgage Loan............................................................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions.......................................................................................III-7 Section 3.08 Oversight of Servicing.........................................................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements...........................III-11 Section 3.10 Application of Net Liquidation Proceeds.....................................................III-12 Section 3.11 1934 Act Reports........................................................................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans.................................................................II-1 Section 2.02 Acceptance by Trust Administrator..........................II-2 Custodian.......................................II-5 Section 2.03 Representations and Warranties of the Master Servicer and the Seller...........................................II-3 Depositor............................................II-6 Section 2.04 Execution and Delivery of Certificates....................II-10 .......................II-14 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date.............II-10 .......................II-15 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: ; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account.................................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................III-2 Section 3.03 Advances by Master Servicer and Trust Administrator.......III-4 Trustee......................III-3 Section 3.04 Trust Administrator Custodian to Cooperate; Release of Owner Mortgage-Mortgage Loan Files and Retained Mortgage Loan Files.....................................III-5 ......................III-4 Section 3.05 Reports to the Trustee and Trust Administrator; Annual Compliance Statements............................III-6 .................................III-5 Section 3.06 Title, Management and Disposition of Any REO Mortgage-Mortgage Loan...........................................III-7 ........................................................III-6 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions..................................III-7 .........................III-6 Section 3.08 Oversight of Servicing....................................III-8 .......................................III-7 Section 3.09 Termination and Substitution of Servicing Agreements.....III-11 ........III-10 Section 3.10 Application of Net Liquidation Proceeds.......................................III-12 Section 3.11 1934 Assessment of Servicing Compliance; Registered Public Accounting Firm Attestation Reports........................III-12 Section 3.12 Exchange Act Reports.........................................III-12........................................III-14 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans........................................................................................... II-1 Section 2.02 Acceptance by Trust Administrator..........................II-2 Custodian................................................................. II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller...........................................II-3 .................... II-6 Section 2.04 Execution and Delivery of Certificates....................II-10 .................................................. II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date.............II-10 ................................................................. II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: ; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account............................................................................................................ III-1 Section 3.02 Permitted Withdrawals from the Certificate Account.............................................. III-2 Section 3.03 Advances by Master Servicer and Trust Administrator.......III-4 Trustee................................................. III-3 Section 3.04 Trust Administrator Custodian to Cooperate; Release of Owner Mortgage-Mortgage Loan Files and Retained Mortgage Loan Files................................................................................................ III-5 Section 3.05 Reports to the Trustee and Trust AdministratorTrustee; Annual Compliance Statements................................................................ III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage-Mortgage Loan......................................................................... III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................................................... III-7 Section 3.08 Oversight of Servicing...................................................................................................... III-8 Section 3.09 Termination and Substitution of Servicing Agreements......................................... III-11 Section 3.10 Application of Net Liquidation Proceeds................................................................... III-12 Section 3.11 1934 Act Reports...................................................................................................................... III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans...............................................................II-1 Section 2.02 Acceptance by Trust Administrator.....................................................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller........................................................................................II-3 Section 2.04 Execution and Delivery of Certificates.........................................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date......................................II-10 Section 2.06 Optional Substitution of Mortgage Loans....................II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE: SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account...............................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account.................III-2 Section 3.03 Advances by Master Servicer and Trust Administrator.......III-4 ........III-3 Section 3.04 Trust Administrator to Cooperate; Release of Owner Mortgage-Mortgage Loan Files...........................................................III-5 Section 3.05 Reports to the Trustee and the Trust Administrator; Annual Compliance Statements......................................................... III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage-Mortgage Loan............................................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions.........................................................III-7 Section 3.08 Oversight of Servicing.........................................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements...........III-11 Section 3.10 Application of Net Liquidation Proceeds.....................................III-12 Section 3.11 1934 Act Reports........................................................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Sec Corp Mor Pass THR Ceert Ser 2001-6)

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