Common use of Duties of Grantor Trustee Clause in Contracts

Duties of Grantor Trustee. 20 Section 7.02 CERTAIN MATTERS AFFECTING THE GRANTOR TRUSTEE..........21 Section 7.03 GRANTOR TRUSTEE NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS........................................................23 Section 7.04 GRANTOR TRUSTEE MAY OWN CERTIFICATES...................23 Section 7.05 GRANTOR TRUSTEE'S FEES AND EXPENSES....................23 Section 7.06 ELIGIBILITY REQUIREMENTS FOR GRANTOR TRUSTEE...........24 Section 7.07 INSURANCE..............................................24 Section 7.08 RESIGNATION AND REMOVAL OF THE GRANTOR TRUSTEE.........24 Section 7.09 SUCCESSOR GRANTOR TRUSTEE..............................25 Section 7.10 MERGER OR CONSOLIDATION OF GRANTOR TRUSTEE.............26 Section 7.11 APPOINTMENT OF CO-GRANTOR TRUSTEE OR SEPARATE GRANTOR TRUSTEE.......................................................26 Section 7.12 FEDERAL INFORMATION RETURNS AND REPORTS TO CERTIFICATEHOLDERS; GRANTOR TRUST ADMINISTRATION......................27 ARTICLE VIII Termination...............................................................29 Section 8.01 TERMINATION UPON REPURCHASE BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS.....................29 ARTICLE IX

Duties of Grantor Trustee. 20 17 Section 7.02 CERTAIN MATTERS AFFECTING THE GRANTOR TRUSTEE..........21 ................................................................................18 Section 7.03 GRANTOR TRUSTEE NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS........................................................23 .................................................................20 Section 7.04 GRANTOR TRUSTEE MAY OWN CERTIFICATES...................23 .............................................20 Section 7.05 GRANTOR TRUSTEE'S FEES AND EXPENSES....................23 ..............................................20 Section 7.06 ELIGIBILITY REQUIREMENTS FOR GRANTOR TRUSTEE...........24 ................................................................................21 Section 7.07 INSURANCE..............................................24 ........................................................................21 Section 7.08 RESIGNATION AND REMOVAL OF THE GRANTOR TRUSTEE.........24 ................................................................................21 Section 7.09 SUCCESSOR GRANTOR TRUSTEE..............................25 ........................................................22 Section 7.10 MERGER OR CONSOLIDATION OF GRANTOR TRUSTEE.............26 ................................................................................22 Section 7.11 APPOINTMENT OF CO-GRANTOR TRUSTEE OR SEPARATE GRANTOR TRUSTEE.......................................................26 ............................................................23 Section 7.12 FEDERAL INFORMATION RETURNS AND REPORTS TO CERTIFICATEHOLDERS; GRANTOR TRUST ADMINISTRATION......................27 ............................................24 ARTICLE VIII Termination...............................................................29 .............................................................................................25 Section 8.01 TERMINATION UPON REPURCHASE BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS.....................29 ..........................................................................25 ARTICLE IX

Duties of Grantor Trustee. 20 Section 7.02 7.02. CERTAIN MATTERS AFFECTING THE GRANTOR TRUSTEE..........................................21 Section 7.03 7.03. GRANTOR TRUSTEE NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS........................................................23 LOANS ..............................................................................................22 Section 7.04 7.04. GRANTOR TRUSTEE MAY OWN CERTIFICATES............................................................23 Section 7.05 7.05. GRANTOR TRUSTEE'S FEES AND EXPENSES..............................................................23 Section 7.06 7.06. ELIGIBILITY REQUIREMENTS FOR GRANTOR TRUSTEE............................................23 Section 7.07. INSURANCE....................................................................24 Section 7.07 INSURANCE..............................................24 Section 7.08 7.08. RESIGNATION AND REMOVAL OF THE GRANTOR TRUSTEE........................................24 Section 7.09 7.09. SUCCESSOR GRANTOR TRUSTEE..................................................................................25 Section 7.10 7.10. MERGER OR CONSOLIDATION OF GRANTOR TRUSTEE.............26 ...................................25 Section 7.11 7.11. APPOINTMENT OF CO-GRANTOR TRUSTEE OR SEPARATE GRANTOR TRUSTEE.......................................................26 TRUSTEE ..............................................................................................25 Section 7.12 7.12. FEDERAL INFORMATION RETURNS AND REPORTS TO CERTIFICATEHOLDERS; GRANTOR TRUST ADMINISTRATION......................27 ...................................................................26 ARTICLE VIII Termination...............................................................29 Section 8.01 TERMINATION UPON REPURCHASE BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS.....................29 ARTICLE IXVIII

Duties of Grantor Trustee. 20 17 Section 7.02 CERTAIN MATTERS AFFECTING THE GRANTOR TRUSTEE..........21 ......................................................19 Section 7.03 GRANTOR TRUSTEE NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS........................................................23 .......................................20 Section 7.04 GRANTOR TRUSTEE MAY OWN CERTIFICATES...................23 21 Section 7.05 GRANTOR TRUSTEE'S FEES AND EXPENSES....................23 21 Section 7.06 ELIGIBILITY REQUIREMENTS FOR GRANTOR TRUSTEE...........24 ......................................................21 Section 7.07 INSURANCE..............................................24 21 Section 7.08 RESIGNATION AND REMOVAL OF THE GRANTOR TRUSTEE.........24 ......................................................22 Section 7.09 SUCCESSOR GRANTOR TRUSTEE..............................25 22 Section 7.10 MERGER OR CONSOLIDATION OF GRANTOR TRUSTEE.............26 ......................................................23 Section 7.11 APPOINTMENT OF CO-GRANTOR TRUSTEE OR SEPARATE GRANTOR TRUSTEE.......................................................26 ..................................23 Section 7.12 FEDERAL INFORMATION RETURNS AND REPORTS TO CERTIFICATEHOLDERS; GRANTOR TRUST ADMINISTRATION......................27 ..................24 ARTICLE VIII Termination...............................................................29 25 Section 8.01 TERMINATION UPON REPURCHASE BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS.....................29 ................................................25 ARTICLE IX