Common use of Establishment of Custodial Account; Deposits in Custodial Account Clause in Contracts

Establishment of Custodial Account; Deposits in Custodial Account. The Servicing Administrator shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[Name of Subservicer], in trust for J.X. Xxxxxx Mortgage Acquisition Corp., as Purchaser of Mortgage Loans”. Such Custodial Account shall be an Eligible Account. The creation of the Custodial Account shall be evidenced by a certificate delivered to the Purchaser by the Servicing Administrator (the “Custodial Account Certification”) in the form of Exhibit 7. The Servicing Administrator shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date), within two (2) Business Days of receipt of such payments and collections:

Establishment of Custodial Account; Deposits in Custodial Account. The Servicing Administrator Servicer shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[Name of Subservicer]Greenpoint Mortgage Funding, Inc., in trust for J.X. X.X. Xxxxxx Mortgage Acquisition Corp., as Purchaser of Mortgage LoansLoans and various Mortgagors”. Such Custodial Account shall be an Eligible Account. The creation of the Custodial Account shall be evidenced by a certificate delivered to the Purchaser by the Servicing Administrator Servicer (the “Custodial Account Certification”) in the form of Exhibit 78. The Servicing Administrator Servicer shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date), within two (2) Business Days of receipt of such payments and collections:):

Establishment of Custodial Account; Deposits in Custodial Account. The Servicing Administrator Servicer shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[Name of Subservicer]SunTrust Mortgage Inc., in trust for J.X. X.X. Xxxxxx Mortgage Acquisition Corp., as Purchaser of Mortgage LoansLoans and various Mortgagors”. Such Custodial Account shall be an Eligible Account. The creation of the Custodial Account shall be evidenced by a certificate delivered to the Purchaser by the Servicing Administrator Servicer (the “Custodial Account Certification”) in the form of Exhibit 78. The Servicing Administrator Servicer shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date), within two (2) Business Days of receipt of such payments and collections:):

Establishment of Custodial Account; Deposits in Custodial Account. The Servicing Administrator Servicer shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[Name of SubservicerServicer], in trust for J.X. X.X. Xxxxxx Mortgage Acquisition Corp., as Purchaser of Mortgage Loans”. Loans and various Mortgagors.” Such Custodial Account shall be an Eligible Account. The creation of the Custodial Account shall be evidenced by a certificate delivered to the Purchaser by the Servicing Administrator Servicer (the “Custodial Account Certification”) in the form of Exhibit 78. The Servicing Administrator Servicer shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date), within two (2) Business Days of receipt of such payments and collections:):

Establishment of Custodial Account; Deposits in Custodial Account. The Servicing Administrator shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[Name of Subservicer], in trust for J.X. X.X. Xxxxxx Mortgage Acquisition Corp., as Purchaser of Mortgage Loans”. Such Custodial Account shall be an Eligible Account. The creation of the Custodial Account shall be evidenced by a certificate delivered to the Purchaser by the Servicing Administrator (the “Custodial Account Certification”) in the form of Exhibit 7. The Servicing Administrator shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date), within two (2) Business Days of receipt of such payments and collections: