Common use of Escrow Disbursement Detail Clause in Contracts

Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master Sexxxxxr] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attn: Xxxxxxxxx Xrust Servixxx - XXX 0000-0XX - XXX XXXXXX XXXXESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006, as amended by the Assignment, Assumption and Recognition Agreement dated as of May 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage Corporxxxxx, Xxxxx Xargo Bank, National Association, as Master Servicer, and LxXxxxe Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ General Servicing Considerations ------------------------------------------------------------------------------------------------------------ Policies and procedures are instituted to monitor any performance X or other triggers and events of default in accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third party's performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are maintained. ------------------------------------------------------------------------------------------------------------ A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other 1122(d)(2)(i) number of days specified in the transaction agreements. ------------------------------------------------------------------------------------------------------------ Disbursements made via wire transfer on behalf of an obligor or X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the 1122(d)(2)(iii) transaction agreements. ------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)

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Escrow Disbursement Detail. =============================================================================== Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- Amount =============================================================================== ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master SexxxxxrSxxxxxer] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2000 0000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attnxxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xom Attx: Xxxxxxxxx Xrust Servixxx Trust Servxxxx - XXX 0000-0XX 00 - XXX XXXXXX XXXXESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006[date], as amended by the Assignment, Assumption and Recognition Agreement dated as of May July 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage CorporxxxxxCorpoxxxxxx, Xxxxx Xargo Fargo Bank, National Association, as Master Servicer, and LxXxxxe XxXxxle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- General Servicing Considerations ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance X or other triggers and events of default in X 1122(d)(1)(i) accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- 1122(d)(1)(ii) If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third X party's performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are maintained. ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting period in the amount of coverage X required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or X such other 1122(d)(2)(i) number of days specified in the transaction agreements. ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------- 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ X ----------------------------------------------------------------------------------------------- 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged X for such advances, are made, reviewed and approved as specified in the 1122(d)(2)(iii) transaction agreements. -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage ------------------ --------------- ------------ ------------- ------------- ------------- ------------ ------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- ------------------ --------------- ---------------- ---------------- --------------- ---------------- ---------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master SexxxxxrXxxxicer] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715710-2000 0000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attnxxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.com Axxx: Xxxxxxxxx Xrust Servixxx Xxxxxxxxe Trust Sexxxxxx - XXX 0000-0XX - XXX XXXXXX XXXXESSING XROCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006[date], as amended by the Assignment, Assumption and Recognition Agreement dated as of May February 1, 2006 2007 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage CorporxxxxxMortgage, LLX, Xxxlx Xxxxx Xargo Bank, National Association, as Master Servicer, and LxXxxxe anx XxXalle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Servicing Criteria Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- General Servicing Considerations ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance X or other triggers and events of default X 1122(d)(1)(i) in accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third party's X 1122(d)(1)(ii) performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are 1122(d)(1)(iii) maintained. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting X period in the amount of coverage required by and otherwise in accordance 1122(d)(1)(iv) with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two X business days following receipt, or such other 1122(d)(2)(i) number of days specified 1122(d)(2)(i) in the transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or to an X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged for such advances, X are made, reviewed and approved as specified in the transaction 1122(d)(2)(iii) transaction agreements. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2007-3xs)

Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master Sexxxxxr] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attn: Xxxxxxxxx Xrust Servixxx - XXX 0000-0XX 0 - XXX XXXXXX XXXXESSING XXXXXXSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006, as amended by the Assignment, Assumption and Recognition Agreement dated as of May 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage Corporxxxxx, Xxxxx Xargo Bank, National Association, as Master Servicer, and LxXxxxe Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ General Servicing Considerations ------------------------------------------------------------------------------------------------------------ Policies and procedures are instituted to monitor any performance X or other triggers and events of default in accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third party's performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are maintained. ------------------------------------------------------------------------------------------------------------ A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other 1122(d)(2)(i) number of days specified in the transaction agreements. ------------------------------------------------------------------------------------------------------------ Disbursements made via wire transfer on behalf of an obligor or X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the 1122(d)(2)(iii) transaction agreements. ------------------------------------------------------------------------------------------------------------;

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-7)

Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master SexxxxxrXxxxicer] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715710-2000 0000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attnxxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.com Axxx: Xxxxxxxxx Xrust Servixxx Xxxxxxxxe Trust Sexxxxxx - XXX 0000-0XX - XXX XXXXXX XXXXESSING XROCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006, as amended by the Assignment, Assumption and Recognition Agreement dated as of May April 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage CorporxxxxxCorxxxxxxox, Xxxxx Xargo Xxxxs Fargo Bank, National Association, as Master Servicer, and LxXxxxe anx XxXalle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ General Servicing Considerations ------------------------------------------------------------------------------------------------------------ Policies and procedures are instituted to monitor any performance X or other triggers and events of default in accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third party's performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are maintained. ------------------------------------------------------------------------------------------------------------ A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other 1122(d)(2)(i) number of days specified in the transaction agreements. ------------------------------------------------------------------------------------------------------------ Disbursements made via wire transfer on behalf of an obligor or X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the 1122(d)(2)(iii) transaction agreements. ------------------------------------------------------------------------------------------------------------;

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-6ar)

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Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- ---------------------------------------------------------------------------------------------------------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master Sexxxxxr] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attn: Xxxxxxxxx Xrust Servixxx - XXX 0000-0XX - XXX XXXXXX XXXXESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006, as amended by the Assignment, Assumption and Recognition Agreement dated as of May 1, 2006 [date] among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage Corporxxxxx, Xxxxx Xargo Bank, National Association, as Master Servicer, and LxXxxxe Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: ______________________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- General Servicing Considerations ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance X or other triggers and events of default in accordance with the X 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to third X parties, policies and procedures are instituted to monitor the third party's X 1122(d)(1)(ii) performance and compliance with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up 1122(d)(1)(iii) servicer for the mortgage loans are maintained. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in effect on X the party participating in the servicing function throughout the reporting X period in the amount of coverage required by and otherwise in accordance 1122(d)(1)(iv) with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two X business days following receipt, or such other 1122(d)(2)(i) number of days specified 1122(d)(2)(i) in the transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or to an X 1122(d)(2)(ii) to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash flows X or distributions, and any interest or other fees charged for such advances, X are made, reviewed and approved as specified in the transaction 1122(d)(2)(iii) transaction agreements. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar)

Escrow Disbursement Detail. Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage --------------- ------------ ------------- ------------- ------------- ------------ ------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- EXHIBIT III Additional Disclosure Notification Wells Fargo Bank, N.A. as [Securities Administrator and Master SexxxxxrSxxxxxer] 9062 Old Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2000 0000 X-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxm Attnxxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xom Attx: Xxxxxxxxx Xrust Servixxx Trust Servxxxx - XXX 0000-0XX 00XX - XXX XXXXXX XXXXESSING XXOCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of January 1, 2006[date], as amended by the Assignment, Assumption and Recognition Agreement dated as of May September 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, GMAC Mortgage CorporxxxxxCorpoxxxxxx, Xxxxx Xargo Fargo Bank, National Association, as Master Servicer, and LxXxxxe XxXxxle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: ________________________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Servicing Criteria Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Reference Criteria ------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- General Servicing Considerations ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance or X or other triggers and events of default 1122(d)(1)(i) in accordance with the 1122(d)(1)(i) transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to X third X parties, policies and procedures are instituted to monitor the third party's performance and compliance 1122(d)(1)(ii) with such servicing 1122(d)(1)(ii) activities. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a 1122(d)(1)(iii) back-up servicer for the mortgage loans are 1122(d)(1)(iii) maintained. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in X effect on X the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance 1122(d)(1)(iv) with the terms of the transaction 1122(d)(1)(iv) agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Cash Collection and Administration ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other 1122(d)(2)(i) other number of days specified in the transaction agreements. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or X 1122(d)(2)(ii) or to an investor are made only by authorized personnel. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash X flows X or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved 1122(d)(2)(iii) as specified in the 1122(d)(2)(iii) transaction agreements. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs)

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