Common use of CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Clause in Contracts

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 2.01. Conveyance of Mortgage Loans.................................................... 64 Section 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section 2.04. Representations and Warranties of the Servicer.................................. 72 Section 2.05. Substitutions and Repurchases of Mortgage Loans that are not "Qualified Mortgages"...................................................................... 73 Section 2.06. Authentication and Delivery of Certificates..................................... 73 Section 2.07. REMIC Elections................................................................. 73 Section 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section 2.10. [RESERVED]...................................................................... 79 Section 2.11. Permitted Activities of the Trust............................................... 79 Section 2.12. Qualifying Special Purpose Entity............................................... 79

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 52 Section 2.01. 2.01 Conveyance of Mortgage Loans.................................................... 64 .................................................................52 Section 2.02. 2.02 Acceptance by the Trustee of the Mortgage Loans................................. 66 ..................................................54 Section 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller...................................56 Section 2.04 Representations and Warranties of the Seller with Respect to the Mortgage Loans..............59 Section 2.05 Representations, Warranties and Covenants of the Depositor...................... 68 Servicer....................................60 Section 2.04. 2.06 Representations and Warranties of the Servicer.................................. 72 Seller.................................................62 Section 2.05. Substitutions and Repurchases 2.07 Covenants of Mortgage Loans that are not "Qualified Mortgages"...................................................................... 73 the Seller......................................................................64 Section 2.06. Authentication 2.08 Execution and Delivery of Certificates..................................... 73 .......................................................64 Section 2.07. REMIC Elections................................................................. 73 Section 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants 2.09 Representations and Warranties of the Servicer....................................................... 79 Section 2.10. [RESERVED]...................................................................... 79 Section 2.11. Permitted Activities of the Trust............................................... 79 Section 2.12. Qualifying Special Purpose Entity............................................... 79Depositor..............................................65 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.......................................................67

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 33 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ................................................ 33 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section 36 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section .................. 37 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section .............................. 40 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ....................................................... 42 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ................................. 42 SECTION 2.07. REMIC Elections................................................................. 73 Section ............................................................. 42 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ................................................... 46 SECTION 2.09. [RESERVED].................................................................. 46 SECTION 2.10. [RESERVED]...................................................................... 79 Section .................................................................. 46 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ........................................... 46 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79........................................... 46

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 47 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ............................................... 47 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section ................................ 50 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section ................. 51 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section ............................. 55 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ...................................................... 56 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ................................ 57 SECTION 2.07. REMIC Elections................................................................. 73 Section ............................................................ 57 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section .................................................. 60 SECTION 2.09. [RESERVED]................................................................. 60 SECTION 2.10. [RESERVED]...................................................................... 79 Section ................................................................. 60 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section .......................................... 60 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79.......................................... 60

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 42 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section .............................................................. 42 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section ............................................... 44 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section ................................ 46 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section Servicers........................................... 49 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ....... 51 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ............................................... 52 SECTION 2.07. REMIC Elections................................................................. 73 Section ........................................................................... 52 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section 2.10. [RESERVED]...................................................................... 79 Section 2.11Servicers................................................................ 55 SECTION 2.09. Permitted Activities of the Trust............................................... 79 Section 2.12......................................................... 55 SECTION 2.10. Qualifying Special Purpose Entity............................................... 79......................................................... 56 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 31 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ................................................ 32 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section 35 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section .................. 36 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section .............................. 40 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ....................................................... 41 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ................................. 41 SECTION 2.07. REMIC Elections................................................................. 73 Section ............................................................. 41 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ................................................... 44 SECTION 2.09. [RESERVED].................................................................. 44 SECTION 2.10. [RESERVED]...................................................................... 79 Section .................................................................. 44 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ........................................... 44 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79........................................... 44 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.......................................... 44

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 31 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ................................................ 32 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section 35 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section .................. 36 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section .............................. 40 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ....................................................... 41 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ................................. 41 SECTION 2.07. REMIC Elections................................................................. 73 Section ............................................................. 41 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ................................................... 44 SECTION 2.09. [RESERVED].................................................................. 44 SECTION 2.10. [RESERVED]...................................................................... 79 Section .................................................................. 44 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ........................................... 44 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79........................................... 44 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS......................................... 44

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section .............................................................II-1 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section .............................................II-10 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section Seller and Master Servicer.............II-14 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section Depositor as to the Mortgage Loans................II-16 SECTION 2.05. Substitutions and Repurchases Delivery of Mortgage Loans that are not "Qualified Mortgages"...................................................................... 73 Section Opinion of Counsel in Connection with Substitutions.........................II-16 SECTION 2.06. Authentication Execution and Delivery of Certificates..................................... 73 Section ..................................................II-17 SECTION 2.07. REMIC Elections................................................................. 73 Section Matters...........................................................................II-17 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Master Servicer....................................................... 79 Section 2.10. [RESERVED]...................................................................... 79 Section 2.11. Permitted Activities of the Trust............................................... 79 Section 2.12. Qualifying Special Purpose Entity............................................... 79........................................................II-17 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 49 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ............................................. 49 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section .............................. 51 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section ............... 52 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section ........................... 55 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that are not Which Are Not "Qualified Mortgages"...................................................................... 73 Section .................................................... 56 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section .............................. 57 SECTION 2.07. REMIC Elections................................................................. 73 Section .......................................................... 57 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ................................................ 61 SECTION 2.09. [RESERVED]............................................................... 61 SECTION 2.10. [RESERVED]...................................................................... 79 Section ............................................................... 61 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section Issuing Entity............................... 61 SECTION 2.12. Qualifying Qualification of Special Purpose Entity............................................... 79.................................. 61 SECTION 2.13. Depositor Notification of NIM Notes...................................... 53

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ............................................II-1 SECTION 2.02. Acceptance by the Trustee Custodian of the Mortgage Loans................................. 66 Section ..........................II-11 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section Seller and Servicing Released Master Servicer.....................................II-14 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section Depositor as to the Mortgage Loans..................................................................II-16 SECTION 2.05. Substitutions and Repurchases Delivery of Mortgage Loans that are not "Qualified Mortgages"...................................................................... 73 Section Opinion of Counsel in Connection with Substitutions........II-16 SECTION 2.06. Authentication Execution and Delivery of Certificates..................................... 73 Section .................................II-17 SECTION 2.07. REMIC Elections................................................................. 73 Section Matters..........................................................II-17 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section 2.10. [RESERVED]...................................................................... 79 Section 2.11. Permitted Activities of the Trust............................................... 79 Section 2.12. Qualifying Special Purpose Entity............................................... 79Master Servicers......................................II-17 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 30 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ................................................30 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section .................................32 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section ..................33 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section ..............................41 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section Mortgages".......................................................42 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section .................................42 SECTION 2.07. REMIC Elections................................................................. 73 Section .............................................................42 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ...................................................45 SECTION 2.09. [RESERVED]..................................................................45 SECTION 2.10. [RESERVED]...................................................................... 79 Section RESERVED]..................................................................45 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ...........................................45 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79...........................................45 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS...........................................45 SECTION 3.01. Servicer to Service Mortgage Loans..........................................45

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 48 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section Loans ............................. 48 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section . ............. 50 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section Depositor 51 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section . .......... 55 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section . ............................... 56 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section Certificates .............. 56 SECTION 2.07. REMIC Elections................................................................. 73 Section . ......................................... 56 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section Servicer ................................ 60 SECTION 2.09. [RESERVED] ............................................... 60 SECTION 2.10. [RESERVED]...................................................................... 79 Section ] ............................................... 61 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section Trust ........................ 61 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79Entity ........................ 61 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS ................... 61 SECTION 3.01. Servicer to Service Mortgage Loans. ...................... 61 SECTION 3.02. Servicing and Subservicing; Enforcement of the Obligations of Servicer ..............................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 42 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ................................................ 42 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section 45 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section .................. 46 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section .............................. 50 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section ....................................................... 52 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ................................. 52 SECTION 2.07. REMIC Elections................................................................. 73 Section ............................................................. 52 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section ................................................... 56 SECTION 2.09. [RESERVED].................................................................. 56 SECTION 2.10. [RESERVED]...................................................................... 79 Section .................................................................. 56 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ........................................... 56 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79........................................... 56 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 64 Section 43 SECTION 2.01. Conveyance of Mortgage Loans.................................................... 64 Section ........................................... 43 SECTION 2.02. Acceptance by the Trustee of the Mortgage Loans................................. 66 Section ............................ 46 SECTION 2.03. Representations, Warranties and Covenants of the Depositor...................... 68 Section ............. 47 SECTION 2.04. Representations and Warranties of the Servicer.................................. 72 Section ......................... 50 SECTION 2.05. Substitutions and Repurchases of Mortgage Loans that which are not "Qualified Mortgages"...................................................................... 73 Section .................................................. 52 SECTION 2.06. Authentication and Delivery of Certificates..................................... 73 Section ............................ 52 SECTION 2.07. REMIC Elections................................................................. 73 Section ........................................................ 52 SECTION 2.08. [RESERVED]...................................................................... 79 Section 2.09. Covenants of the Servicer....................................................... 79 Section .............................................. 56 SECTION 2.09. [RESERVED]............................................................. 56 SECTION 2.10. [RESERVED]...................................................................... 79 Section ............................................................. 56 SECTION 2.11. Permitted Activities of the Trust............................................... 79 Section ...................................... 56 SECTION 2.12. Qualifying Special Purpose Entity............................................... 79...................................... 56 ARTICLE III