CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION 2.02. Acceptance of REMIC I by Trustee.............................................................-51- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- SECTION 2.04. Reserved.....................................................................................-54- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION 2.09. Issuance of Class R Certificates.............................................................-58- ARTICLE III
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Mort Asset Sec Transactions Inc Mastr as Bk Sec Tr 03 Nc1), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pas THR Cert Ser 2002-Nc1), Distribution Instructions (Mortgage Asset Sec Trans Inc Mort Pas THR Cer Ser 2002-Opt1)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION 2.02. Acceptance of REMIC I by Trustee.............................................................-51- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator.............................................................................................................................................................-52- SECTION 2.04. Reserved.....................................................................................-54- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer.................................................................................................................................................................-54- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................................................................................................-57- SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.............................................................................................................................................-57- SECTION 2.09. Issuance of Class R Certificates.............................................................-58- ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Mastr Pass Thru Ser 2003-Opt2), Pooling and Servicing Agreement (Mortgage Asset Securitization Transactions Inc Ser 2003-Opt1)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION ..................................................................52 2.02. Acceptance of REMIC I by the Trustee.............................................................-51- SECTION ..........................................................54 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- SECTION , the Seller or the Depositor; Payment of Prepayment Charges in the event of breach...............................55 2.04. Reserved.....................................................................................-54- SECTION Representations and Warranties of the Depositor...............................................59 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- SECTION ..............................61 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION Certificates............................................................63 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- SECTION Trustee 64 2.08. Issuance of Class R-II Certificates...........................................................64 2.09. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION 2.09.......................................................................................64 2.10. Issuance of Class R REMIC III Certificates.............................................................-58- ARTICLE III............................................................64 2.11. Conveyance of the Subsequent Mortgage Loans...................................................65
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- ......................................................42 SECTION 2.02. Acceptance of REMIC I by Trustee.............................................................-51- ......................................................44 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- Originator or the Seller.....................................................45 SECTION 2.04. Reserved.....................................................................................-54- ..............................................................................47 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- .....................................................................47 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- Certificates..........................................................................49 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- ...............................................................50 SECTION 2.08. Issuance of Class R-II Certificates...................................................50 SECTION 2.09. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- ..............................................................50 SECTION 2.092.10. Issuance of Class R R-III Certificates.............................................................-58- ARTICLE III..................................................51
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2001-Nc2)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION ...................................................................63 2.02. Acceptance of REMIC I by the Trustee.............................................................-51- SECTION ...........................................................65 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- SECTION Originator or the Depositor; Payment of Prepayment Charge Payment Amounts........................................66 2.04. Reserved[Reserved].....................................................................................-54- SECTION 70 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- SECTION ...............................70 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION ...........................73 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- SECTION .................................................................................73 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION .................................................................................73 2.09. Issuance of Class R Certificates.............................................................-58- ...............................................................74 2.10. Conveyance of the Subsequent Mortgage Loans....................................................74 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc as Bk Ps THR CRTS Se 02-4)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- ....................................................40 SECTION 2.02. Acceptance of REMIC I by Trustee.............................................................-51- ....................................................42 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- .................................................................43 SECTION 2.04. Reserved.....................................................................................-54- ............................................................................45 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- ...........................46 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- ...................................................................48 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- .................................................48 SECTION 2.08. Issuance of Class R Certificates....................................................48 SECTION 2.09. Conveyance of the REMIC II Regular InterestsClass M-3 Interest, the Class M-4 Interest, the Class CE Interest and the Class P Interest; Acceptance of REMIC III by the Trustee..................................................................-57- ...................................................48 SECTION 2.092.10. Issuance of Class R R-III Certificates.............................................................-58- ARTICLE III................................................49
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Sal Home Equ Ln Tr Ser 2002 Wmc1)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION ...................................................................64 2.02. Acceptance of REMIC I by the Trustee.............................................................-51- SECTION ...........................................................66 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- SECTION Originator or the Depositor; Payment of Prepayment Charge Payment Amounts........................................67 2.04. Reserved[Reserved].....................................................................................-54- SECTION 71 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- SECTION ...............................71 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION ...........................74 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- SECTION ....................................................................................74 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION ....................................................................................75 2.09. Issuance of Class R Certificates.............................................................-58- ARTICLE III...............................................................75
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Pass Through Certificates 2002-3)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- ..................................................... 39 SECTION 2.02. Acceptance of REMIC I by Trustee.............................................................-51- ..................................................... 41 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- .............................................................. 42 SECTION 2.04. Reserved.....................................................................................-54- ............................................................................. 45 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- ............................ 45 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-R I Interest.........................-57- .......................................................... 47 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- ....................................... 47 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION 2.09. Issuance of Class R Certificates.............................................................-58- ARTICLE III..................................................... 47
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Sal Home Equ Ln Tr Ser 2002 Wmc1)
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE. OF CERTIFICATES SECTION 2.01. Conveyance of the Mortgage Loans.............................................................-49- SECTION ..........................................63 2.02. Acceptance of REMIC I by the Trustee.............................................................-51- SECTION ..................................65 2.03. Repurchase or Substitution of Mortgage Loans by the Originator..........................................................................-52- SECTION Originator or the Depositor; Payment of Prepayment Charge Payment Amounts........66 2.04. Reserved.....................................................................................-54- SECTION [Reserved]............................................................70 2.05. Representations, Warranties and Covenants of the Master Servicer............................................................................-54- SECTION ......70 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest.........................-57- SECTION ..73 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................-57- SECTION ...............................................73 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..................................................................-57- SECTION ..............................................73 2.09. Issuance of Class R Certificates.............................................................-58- ......................................74 2.10. Conveyance of the Subsequent Mortgage Loans...........................74 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Backed Thru Cer Ser 2002-5)
