General Servicing Procedures. Section 6.01
General Servicing Procedures. Section 5.01. Transfers of Mortgaged Property. 34 Section 5.02. Satisfaction of Mortgages and Release of Mortgage Files. Section 5.03. Servicing Compensation. 35 Section 5.04. Annual Audit Report. 36 Section 5.05. Annual Officer’s Certificate. 36 Section 5.06. Inspection. 37
General Servicing Procedures. 54 ARTICLE VII...................................................................60
General Servicing Procedures. Section 5.01 Servicing Compensation. Section 5.02 Annual Audit Report. Section 5.03 Annual Officer’s Certificate. 31 Section 5.04 Transfers of Mortgaged Property. 32
General Servicing Procedures. Section 5.01 Servicing Compensation. Section 5.02 Annual Audit Report.
General Servicing Procedures. 55 Section 6.01 Transfers of Mortgaged Property.......................... 55 Section 6.02 Satisfaction of Mortgages and Release of Mortgage Files.. 56 Section 6.03
General Servicing Procedures. (a) Acting directly or through one or more Sub-Servicers as provided in Section 10.3, the Master Servicer shall service and administer the Mortgage Loans in accordance with this Agreement and shall have full power and authority, acting alone, to do or cause to be done any and all things in connection with such servicing and administration which it may deem necessary or desirable and consistent with the terms of this Agreement. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Master Servicer shall not have any duties, responsibilities, or fiduciary relationship with the parties hereto except those expressly set forth herein, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or shall otherwise exist against the Master Servicer.
(b) The Master Servicer may, and is hereby authorized to, perform any of its servicing responsibilities with respect to all or certain of the Mortgage Loans through a Sub-Servicer as it may from time to time designate, but no such designation of a Sub-Servicer shall serve to release the Master Servicer from any of its obligations under this Agreement. Such Sub-Servicer shall have all the rights and powers of the Master Servicer with respect to such Mortgage Loans under this Agreement.
(c) Without limiting the generality of the foregoing, but subject to the provisions of this Article X, the Master Servicer in its own name or in the name of a Sub-Servicer hereby is authorized and empowered, which authorization may further be evidenced, at the reasonable request of the Master Servicer, by a power of attorney executed and delivered by the Trustee, on behalf of itself, the Owners and the Trustee or any of them, (i) to execute and deliver any and all instruments of satisfaction or cancellation or of partial or full release or discharge and all other comparable instruments with respect to the Mortgage Loans and with respect to the Properties, (ii) to institute foreclosure proceedings or obtain a deed in lieu of foreclosure so as to effect ownership of any Property in the name of the Trust, and (iii) to hold title in the name of the Trust to any Property upon such foreclosure or deed in lieu of foreclosure on behalf of the Trustee; provided, however, that to the extent any instrument described in clause (i) preceding would be delivered by the Master Servicer outside of its ordinary procedures for mortgage loans held for its own account the ...
General Servicing Procedures. Section 4.01 Transfers of Mortgaged Property. 35 Section 4.02 Satisfaction of Mortgages and Release of Mortgage Files. 36 Section 4.03 Servicing Compensation. 37 Section 4.04 Annual Statement as to Compliance. 37 Section 4.05 Annual Independent Public Accountants’ Servicing Report. 38 Section 4.06 Right to Examine Servicer Records. 38 Section 4.07 Compliance with Xxxxx-Xxxxx-Xxxxxx Act of 1999 and other Privacy Requirement. 38 Section 4.08 Losses and Expenses. 38 ARTICLE V SERVICER TO COOPERATE Section 5.01 Provision of Information. 39 Section 5.02 Financial Statements; Servicing Facilities. 39 ARTICLE VI
General Servicing Procedures. Section 5.01. Transfers of Mortgaged Property. Section 5.02. Satisfaction of Mortgages and Release of Mortgage Files. 36 Section 5.03. Servicing Compensation. 36 Section 5.04. Annual Audit Report. 37 Section 5.05. Annual Officer’s Certificate. 38 Section 5.06. Inspection. 38 Section 6.01. Representations, Warranties and Agreements of the Servicer. Section 6.02. Remedies for Breach of Representations and Warranties of the Servicer. 41 Section 6.03. Additional Indemnification by the Servicer. 41 Section 6.04. Indemnification with Respect to Certain Taxes and Loss of REMIC Status. 42 Section 6.05. Purchase of Distressed Mortgage Loans.
