Common use of Documents, Records and Funds in Possession of the Servicers to be held for Trustee Clause in Contracts

Documents, Records and Funds in Possession of the Servicers to be held for Trustee. The related Servicer (to the extent required by this Agreement or the Servicing Agreement, as applicable) shall transmit to the Trustee or the Custodian such documents and instruments coming into the possession of such Servicer from time to time as are required by the terms hereof to be delivered to the Trustee or the Custodian. Any funds received by the related Servicer in respect of any Mortgage Loan serviced by such Servicer or which otherwise are collected by such Servicer as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan shall be held for the benefit of the Trustee and the Certificateholders subject to the right of such Servicer to retain its Servicing Fee and other amounts as provided in this Agreement or the related Servicing Agreement, as applicable.

Documents, Records and Funds in Possession of the Servicers to be held for Trustee. The related (a) Each Servicer (to the extent required by this Agreement or the Servicing Agreement, as applicable) shall transmit to the Trustee or the Custodian such documents and instruments coming into the its possession of such Servicer from time to time as are required by the terms hereof to be delivered to the Trustee or the Custodian. Any funds received by the related a Servicer in respect of any Mortgage Loan serviced by such Servicer or which otherwise are collected by such Servicer as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan shall be held for the benefit of the Trustee and the Certificateholders subject to the right of such Servicer to retain its Servicing Fee and other amounts as provided in this Agreement or the related Servicing Agreement, as applicable.

Documents, Records and Funds in Possession of the Servicers to be held for Trustee. The related Servicer (to the extent required by this Agreement or the Servicing Agreement, as applicable) shall transmit to the Trustee or the Custodian such documents and instruments coming into the possession of such Servicer from time to time as are required by the terms hereof to be delivered to the Trustee or the Custodian. Any funds received by the related Servicer in respect of any Mortgage Loan serviced by such Servicer or which otherwise are collected by such Servicer as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan shall be held for the benefit of the Trustee and the Certificateholders subject to the right of such Servicer to retain its Servicing Fee and other amounts as provided in this Agreement or the related Servicing Agreement, as applicable.

Documents, Records and Funds in Possession of the Servicers to be held for Trustee. The related (a) Each Servicer (to the extent required by this Agreement or the Servicing Agreement, as applicable) shall transmit to the Trustee or the Custodian such documents and instruments coming into the possession of such Servicer from time to time as are required by the terms hereof to be delivered to the Trustee or the Custodian. Any funds received by the related a Servicer in respect of any Mortgage Loan serviced by such Servicer or which otherwise are collected by such Servicer as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan serviced by it shall be held for the benefit of the Trustee and the Certificateholders subject to the right of such Servicer to retain its Servicing Fee and other amounts as provided in this Agreement or the related Servicing Agreement, as applicable.

Documents, Records and Funds in Possession of the Servicers to be held for Trustee. (a) The related Servicer (to the extent required by this Agreement or the Servicing Agreement, as applicable) shall transmit to the Trustee or the Custodian such documents and instruments coming into the possession of such Servicer from time to time as are required by the terms hereof to be delivered to the Trustee or the Custodian. Any funds received by the related Servicer in respect of any Mortgage Loan serviced by such Servicer or which otherwise are collected by such Servicer as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan shall be held for the benefit of the Trustee and the Certificateholders subject to the right of such Servicer to retain its Servicing Fee and other amounts as provided in this Agreement or the related Servicing Agreement, as applicable.