Common use of Hazard Insurance Clause in Contracts

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Xxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx Xxxxxx Xxx and Fxxxxxx Xxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Xxxxxx Mae Guides or the Fxxxxxx Xxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originatorobligated party or borrower, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer generally acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx and to prudent mortgage lending institutions against loss by fire, hazards of extended coverage and such other hazards as are provided for required in the Fxxxxx Mxx Xxxxxx Mae Guides or by as well as all additional requirements set forth herein, pursuant to an insurance policy conforming to the Fxxxxxx Mac Guides, requirements of Customary Servicing Procedures and providing coverage in an amount representing coverage not less than equal to the lesser of (i) the maximum full insurable value of the improvements securing such Mortgage Loans and Mortgaged Property or (ii) the greater of (a) the outstanding principal balance owing on the Mortgage Loan. All such insurance policies are in full force and effect and contain a standard mortgagee clause naming the originator of the Mortgage Loan Loan, its successors and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerassigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required flood hazard map or flood insurance rate map issued by the FDPAFederal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesrequirements of Xxxxxx Xxx. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor, any subservicer or any other Personprior servicer having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageSeller.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectFreddie Mac. If required by the FDPANational Flood Xxxxxxnce Act of 1968, the ax xxxxxed, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae or Freddie Mac. All individual insurance policies contain a xxxxxxrd mortgxxxx xxause naming the Seller and conforming to Fxxxxx Mxx its successors and Fxxxxxx Mac requirementsassigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any and no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the to Fxxxxx Mae Guides, and Fxxxxxx Mac against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than the lesser of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans to the Mortgaged Property and (ii) the greater of either (aA) the outstanding principal balance of the Mortgage Loan with respect to each first lien Mortgage Loan or (B) with respect to each Second Lien Mortgage Loan, the sum of the outstanding principal balance of the related first lien mortgage loan and (b) an the outstanding principal balance of the Second Lien Mortgage Loan; provided, however, in no event shall the amount such that of insurance be less than the proceeds thereof shall be sufficient amount necessary to prevent avoid the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property. All such insurance policies contain a standard mortgagee clause naming the Seller, its successors and assigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map issued by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to the requirements of Fxxxxx Mxx Mae and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesMac. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, as well as all additional requiremxxxx xex xorth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx Freddie Mac, as well as all additional requirements set xxxxx ix Xection 2.10 of the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from txx Xxxxxxgor. Where required by state law or regulation, the MortgagorMortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. All such standard The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the Fxxxxx to Xxxxxx Mae Guides, and Xxxxxxx Mac against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than the lesser of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans to the Mortgaged Property and (ii) the greater of either (aA) the outstanding principal balance of the Mortgage Loan with respect to each first lien Mortgage Loan or (B) with respect to each Second Lien Mortgage Loan, the sum of the outstanding principal balance of the related first lien mortgage loan and (b) an the outstanding principal balance of the Second Lien Mortgage Loan; provided, however, in no event shall the amount such that of insurance be less than the proceeds thereof shall be sufficient amount necessary to prevent avoid the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property. All such insurance policies contain a standard mortgagee clause naming the Seller, its successors and assigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map issued by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesXxxxxxx Mac. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.;

Hazard Insurance. All Pursuant to the terms of the related Mortgage, the buildings or other customarily insured and improvements upon the each Mortgaged Property are insured by an insurer a Qualified Insurer pursuant to a standard, valid and existing hazard insurance policy acceptable under the Fxxxxx to Fannie Mae Guides, or Freddie Mac which policy insures against loss by firefxxx, hazards of extended xaxxxds ox xxxxxded coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, in an amount Guide representing coverage in xx xxxunt not less than the thxx xxx lesser of (ia) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (ab) the outstanding principal balance of the related Mortgage Loan and (b) Loan, but in no event an amount such less than an amount that the proceeds thereof shall be sufficient is required to prevent the Mortgagor and/or the Mortgagee from becoming being deemed to be a co-insurerinsurer thereunder. If the Mortgaged Property is a condominium unit, it is included under in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPAFederal Emergency Management Agency as having special flood hazards, the Mortgage Loan is covered by a flood insurance policy in a form meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming (which policy conforms to Fxxxxx Mxx and Fxxxxxx Fannie Mae or Freddie Mac requirements, ) is in effect with respecx xx xuch Mortxxxxx Xroperty with a Qualified Insurer in an amount representing coverage not less than the least of (a) the outstanding Stated Principal Balance of the Mortgage Loan, (b) the maximum insurable value of the improvements securing such Mortgage Loan or (c) the maximum amount required by of insurance that is available under federal law. All individual insurance policies contain a standard mortgagee clause naming the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides Seller or the Fxxxxxx Mac Guides. The original holder of the Mortgage, and its successors in interest, as loss payee, and all of the premiums due and payable thereon have been paid; the Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on (nor any such policies have been paid in full. No originator, seller, prior owner originator or servicer of any of the Mortgage Loan, borrower or Loans) nor any other Person, Mortgagor has engaged in any act or omission that which has impaired or would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either. All such insurance policies contain a standard mortgagee clause naming Seller, its successors and assigns as loss payee and contain a clause that the insurer will notify the named mortgagee at least thirty (30) days prior to any reduction in coverage or cancellation of the policy. The hazard insurance policy is the valid and binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Purchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, and has no knowledge of the Mortgagor's having engaged in, any act or omission which would impair the coverage of any such policy, the benefits of the endorsement provided for herein, or the validity and binding effect of either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx and Xxxxxxx Mac and to lending institutions against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than pursuant to insurance policies conforming to the lesser of (i) the maximum insurable value requirements of the improvements securing Servicing Addendum. All such Mortgage Loans insurance policies are in full force and (ii) effect and contain a standard mortgagee clause naming the greater of (a) the outstanding principal balance of the Mortgage Loan Seller, its successors and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerassigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map issued by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesXxxxxxx Mac. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other PersonSubservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, including without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the The Mortgaged Property are is insured by an insurer acceptable under the Fxxxxx Mae Guidesa fire and extended perils insurance policy, against loss issued by firea Qualified Insurer, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or area where the Mortgaged Property is located, and to the extent required by the Fxxxxxx Mac GuidesBorrower as of the date of origination consistent with the Underwriting Guidelines, against earthquake and other risks insured against by Persons operating like properties in the locality of the Mortgaged Property, in an amount not less than the greatest of (i) 100% of the replacement cost of all improvements to the Mortgaged Property, (ii) either (A) the outstanding principal balance of the Mortgage Loan with respect to each First Lien Mortgage Loan or (B) with respect to each Second Lien Mortgage Loan, the sum of the outstanding principal balance of the First Lien Mortgage Loan and the outstanding principal balance of the Second Lien Mortgage Loan, (iii) the amount necessary to avoid the operation of any co-insurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with the Underwriting Guidelines or (iv) the amount necessary to fully compensate for any damage or loss to the improvements that are a part of such property on a replacement cost basis. If any portion of the Mortgaged Property is in an area identified by any federal Governmental Authority as having special flood hazards, and flood insurance is available, a flood insurance policy meeting the current guidelines of the Federal Insurance Administration is in effect with a generally acceptable insurance carrier, in an amount representing coverage not less than the lesser least of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a1) the outstanding principal balance of the Mortgage Loan Loan, (2) the full insurable value of the Mortgaged Property, and (b3) an the maximum amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included of insurance available under the coverage afforded by Flood Disaster Protection Act of 1973, as amended. All such insurance policies (collectively, the "hazard insurance policy") contain a blanket policy for standard mortgagee clause naming the projectBorrower, its successors and assigns (including without limitation, subsequent owners of the Mortgage Loan), as mortgagee, and may not be reduced, terminated or canceled without 30 days' prior written notice to the mortgagee. If required No such notice has been received by the FDPA, the Mortgage Loan is covered by a flood Borrower. All premiums due and owing on such insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guideshave been paid. The related Mortgage obligates the Mortgagor thereunder to maintain all such insurance and, at the Mortgagor's cost and expense, and upon the such Mortgagor's failure to do so, authorizes the holder of the Mortgage mortgagee to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the such Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer and is in full force and effect effect. The Borrower has not engaged in, and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner has no knowledge of the Mortgage LoanMortgagor's having engaged in, borrower or any other Person, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other Person, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageBorrower.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac, as well as all additional requiremxxxx xet forth in the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectSexxxxxxx Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx Freddie Mac, as well as all additional requirements set xxxxx in the Sexxxxxxx Agreement. All individual insurance policies contain a standard mortgagee clause naming Aames and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. Aames has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by Aames;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides Xxxxxx Mae guides or by Xxxxxxx Mac, as well as all additional requirements set forth in the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectApproved Underwriting Guidelines. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Xxxxxx Mae and conforming Xxxxxxx Mac, as well as all additional requirements set forth in the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days’ prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyer upon the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner consummation of the Mortgage Loantransactions contemplated by this Agreement. Seller has not engaged in, borrower and has no knowledge of the Mortgagor’s or any other Personservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coveragerealized by Seller.

Hazard Insurance. (a) All buildings or other customarily insured improvements upon the Mortgaged Property related to such Mortgage Loan are insured by an insurer acceptable under the to Fxxxxx Mae Guides, Mxx or Fxxxxxx Mac against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where such Mortgaged Property is located, pursuant to insurance policies conforming to the Fxxxxxx Mac Guidesrequirements of Section 5.10. All such insurance policies contain a standard mortgagee clause naming the originator of such Mortgage Loan, in an amount representing coverage not less than its successors and assigns, as mortgagee. Such policies are the lesser of (i) the maximum insurable value valid and binding obligations of the improvements securing insurer, and all premiums thereon due to date have been paid. The related Mortgage obligates the Mortgagor thereunder to maintain all such insurance at such Mortgagor’s cost and expense, and on such Mortgagor’s failure to do so, authorizes the holder of such Mortgage Loans to maintain such insurance at such Mortgagor’s cost and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan expense and to seek reimbursement therefor from such Mortgagor; or (b) in the case of a condominium or unit in a planned unit development (“PUD”) project that is not covered by an amount such individual policy, the condominium or PUD project is covered by a “master” or “blanket” policy and there exists and is in the Mortgage File a certificate of insurance showing that the proceeds thereof shall individual unit that secures the first mortgage is covered under such policy. The insurance policy contains a standard mortgagee clause naming the originator of such Mortgage Loan (and its successors and assigns), as insured mortgagee. Such policies are the valid and binding obligations of the insurer, and all premiums thereon have been paid. The insurance policy provides for advance notice to the Seller or Servicer if the policy is canceled or not renewed, or if any other change that adversely affects the Seller’s interests is made; the certificate includes the types and amounts of coverage provided, describes any endorsements that are part of the “master” policy and would be sufficient acceptable pursuant to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If Fxxxxx Mae Guide or Fxxxxxx Mac Servicing Guide; if required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx Mae and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lenderx xxx originate mortgage xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lexxxxx who origixxxx xxrtgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the related Mortgage, the buildings or other customarily insured and improvements upon the each Mortgaged Property are insured by an insurer a Qualified Insurer pursuant to a standard, valid and existing hazard insurance policy acceptable under the Fxxxxx to Fannie Mae Guides, or Freddie Mac which policy insures against loss by firefixx, hazards xxzxxxs of extended xxxxxxed coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, in an amount Guide representing coverage in ax xxxxnt not less than the lesser thax xxx xesser of (ia) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (ab) the outstanding principal balance of the related Mortgage Loan and (b) Loan, but in no event an amount such less than an amount that the proceeds thereof shall be sufficient is required to prevent the Mortgagor and/or the Mortgagee from becoming being deemed to be a co-insurerinsurer thereunder. If the Mortgaged Property is a condominium unit, it is included under in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPAFederal Emergency Management Agency as having special flood hazards, the Mortgage Loan is covered by a flood insurance policy in a form meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming (which policy conforms to Fxxxxx Mxx and Fxxxxxx Fannie Mae or Freddie Mac requirements, ) is in effect with respect xx xxch Mortgxxxx Xxoperty with a Qualified Insurer in an amount representing coverage not less than the least of (a) the outstanding Stated Principal Balance of the Mortgage Loan, (b) the maximum insurable value of the improvements securing such Mortgage Loan or (c) the maximum amount required by of insurance that is available under federal law. All individual insurance policies contain a standard mortgagee clause naming the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides Seller or the Fxxxxxx Mac Guides. The original holder of the Mortgage, and its successors in interest, as loss payee, and all of the premiums due and payable thereon have been paid; the Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on (nor any such policies have been paid in full. No originator, seller, prior owner originator or servicer of any of the Mortgage Loan, borrower or Loans) nor any other Person, Mortgagor has engaged in any act or omission that which has impaired or would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either. All such insurance policies contain a standard mortgagee clause naming Seller, its successors and assigns as loss payee and contain a clause that the insurer will notify the named mortgagee at least thirty (30) days prior to any reduction in coverage or cancellation of the policy. The hazard insurance policy is the valid and binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Purchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, and has no knowledge of the Mortgagor's having engaged in, any act or omission which would impair the coverage of any such policy, the benefits of the endorsement provided for herein, or the validity and binding effect of either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Mac GuidesXxxxxxx Mac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 3.13 of the improvements securing such Mortgage Loans Pooling and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, as amended, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Xxxxxx Xxx and conforming to Fxxxxx Mxx Xxxxxxx Mac, as well as all additional requirements set forth in Section 3.13 of the Pooling and Fxxxxxx Mac requirementsServicing Agreement. All individual insurance policies contain a standard mortgagee clause naming NC Capital Corporation and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanTrustee upon the consummation of the transactions contemplated by this Agreement. NC Capital Corporation has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by NC Capital Corporation;

Hazard Insurance. (a) All buildings or other customarily insured improvements upon the Mortgaged Property related to such Mortgage Loan are insured by an insurer acceptable under the Fxxxxx Mae Guides, to FNMA or FHLMC against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing area where such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unitlocated, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood pursuant to insurance policy meeting policies conforming to the requirements of the current guidelines either Section 5.10 or Section 5.11 of the Federal Insurance Administration PHH Agreement. All such insurance policies (collectively, the “hazard insurance policy”) contain a standard mortgagee clause naming the originator of such Mortgage Loan, its successors and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsassigns, in an amount not less than the amount required by the FDPAas mortgagee. Such policy was issued by an insurer acceptable under policies are the Fxxxxx Mae Guides or valid and binding obligations of the Fxxxxxx Mac Guidesinsurer, and all premiums thereon due to date have been paid. The related Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the such Mortgagor's ’s cost and expense, and upon the on such Mortgagor's ’s failure to do so, authorizes the holder of the such Mortgage to maintain such insurance at the such Mortgagor's ’s cost and expense and to seek reimbursement therefor from such Mortgagor; or (b) in the Mortgagorcase of a condominium or unit in a planned unit development (“PUD”) project that is not covered by an individual policy, the condominium or PUD project is covered by a “master” or “blanket” policy and there exists and is in the Seller/Servicer’s Mortgage File a certificate of insurance showing that the individual unit that secures the first mortgage is covered under such policy. All such standard hazard and flood policies are in full force and effect and on the date of origination contained The insurance policy contains a standard mortgagee clause naming the Seller originator of such Mortgage Loan (and its successors in interest and assigns assigns), as loss payee; such clause is still in effect insured mortgagee. Such policies are the valid and binding obligations of the insurer, and all premiums due on any such policies thereon have been paid in fullpaid. No originatorThe insurance policy provides for advance notice to the Seller/Servicer if the policy is canceled or not renewed, selleror if any other change that adversely affects the Seller/Servicer’s interests is made; the certificate includes the types and amounts of coverage provided, prior owner describes any endorsements that are part of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that “master” policy and would impair be acceptable pursuant to the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.FNMA Guide;

Hazard Insurance. All Pursuant to the terms of the related Mortgage, the buildings or other customarily insured and improvements upon the each Mortgaged Property are insured by an insurer a Qualified Insurer pursuant to a standard, valid and existing hazard insurance policy acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx or Xxxxxxx Mac which policy insures against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Mae Guides or by the Fxxxxxx Xxxxxxx Mac Guides, Guide representing coverage in an amount representing coverage not less than the lesser of (ia) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (ab) the outstanding principal balance of the related Mortgage Loan and (b) Loan, but in no event an amount such less than an amount that the proceeds thereof shall be sufficient is required to prevent the Mortgagor and/or the Mortgagee from becoming being deemed to be a co-insurerinsurer thereunder. If the Mortgaged Property is a condominium unit, it is included under in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPAFederal Emergency Management Agency as having special flood hazards, the Mortgage Loan is covered by a flood insurance policy in a form meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming (which policy conforms to Fxxxxx Mxx and Fxxxxxx Xxxxxx Mae or Xxxxxxx Mac requirements, ) is in effect with respect to such Mortgaged Property with a Qualified Insurer in an amount representing coverage not less than the least of (a) the outstanding Stated Principal Balance of the Mortgage Loan, (b) the maximum insurable value of the improvements securing such Mortgage Loan or (c) the maximum amount required by of insurance that is available under federal law. All individual insurance policies contain a standard mortgagee clause naming the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides Seller or the Fxxxxxx Mac Guides. The original holder of the Mortgage, and its successors in interest, as loss payee, and all of the premiums due and payable thereon have been paid; the Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on (nor any such policies have been paid in full. No originator, seller, prior owner originator or servicer of any of the Mortgage Loan, borrower or Loans) nor any other Person, Mortgagor has engaged in any act or omission that which has impaired or would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either. All such insurance policies contain a standard mortgagee clause naming Seller, its successors and assigns as loss payee and contain a clause that the insurer will notify the named mortgagee at least thirty (30) days prior to any reduction in coverage or cancellation of the policy. The hazard insurance policy is the valid and binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Purchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, and has no knowledge of the Mortgagor’s having engaged in, any act or omission which would impair the coverage of any such policy, the benefits of the endorsement provided for herein, or the validity and binding effect of either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Mae Guides or by the Fxxxxxx Mac GuidesXxxxxxx Mac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming as in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Xxxxxx Mae Guides or by Xxxxxxx Mac, as well as all additional requirements set forth in Section 2.10 of the Fxxxxxx Mac GuidesServicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, as well as all additional rexxxxxxexxx set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx Freddie Mac, as well as all additional requirementx xxx fxxxh in Section 2.10 of the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the xxxx xxx Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer generally acceptable under the Fxxxxx Mae Guides, to prudent mortgage lending institutions against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located as well as all additional requirements set forth herein, pursuant to an insurance policy conforming to the requirements of Customary Servicing Procedures and providing coverage in an amount representing coverage not less than equal to the lesser of (i) the maximum full insurable value of the improvements securing such Mortgage Loans and Mortgaged Property or (ii) the greater of (a) the outstanding principal balance owing on the Mortgage Loan. All such insurance policies are in full force and effect and contain a standard mortgagee clause naming the originator of the Mortgage Loan Loan, its successors and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerassigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required flood hazard map or flood insurance rate map issued by the FDPAFederal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, is in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guideseffect. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor, any subservicer or any other Personprior servicer having engaged in, has engaged in any act or omission that which would impair the coverage of any such hazard insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageSeller.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectFreddie Mac. If required by the FDPANational Flood Xxxxxxnxx Act of 1968, the ax xxxxxed, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae or Freddie Mac. All individual insurance policies contain a xxxxxxrx xortgxxxx xxause naming the Company and conforming to Fxxxxx Mxx its successors and Fxxxxxx Mac requirementsassigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanAssignor upon the consummation of the transactions contemplated by this Agreement. The Company has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any and no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Company;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily hereafter erected on the property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term “extended coverage coverage”, and such other hazards as are provided Lender may require, and in such amounts and for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guidessuch periods as Lender may require; provided, in an amount representing coverage that Lender shall not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such require that the proceeds amount of such coverage exceed that amount of coverage required to pay the sums secured by this Mortgage. The insurance carrier providing the insurance shall be chosen by Borrower subject to approval by Lender; provided that such approval shall not be unreasonably withheld. All premiums on insurance policies shall be paid timely when due, directly to the insurance carrier. All insurance policies and renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in form acceptable to Lender. Lender shall have the Mortgagor and/or right to hold the Mortgagee from becoming a co-insurerpolicies and renewals thereof, and Borrower shall promptly furnish to Lender all renewal notices and all receipts of paid premiums. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or repair of the Property damaged, provided such restoration or repair is economically feasible and the security of this Mortgage is not thereby impaired. If such restoration or repair is not economically feasible or if the security of this Mortgage would be impaired, the Borrower directing the insurance company to apply insurance proceeds to the sums secured by this Mortgage by such outstanding sums directly to Lender, with the excess, if any, paid to Borrower. If the Mortgaged Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the date notice is mailed by Lender to Borrower that the insurance carrier offers to settle a condominium unitclaim for insurance benefits, it Lender is included under authorized to collect and apply the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements proceeds at Lender’s option either to restoration or repair of the current guidelines of Property or to the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required sums secured by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coveragethis Mortgage.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, a Qualified Insurer against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Mae Guides or by the Fxxxxxx Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loans, and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan Loan, and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, is in effect which policy is in an amount not less than the amount required by the FDPAFlood Disaster Protection Act of 1973, as amended, conforms to Xxxxxx Mae and Xxxxxxx Mac and is insured by a Qualified Insurer. Such policy was issued by an insurer acceptable under All individual insurance policies contain a standard mortgagee clause naming the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesServicer and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller nor the Servicer has engaged in, and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner has no knowledge of the Mortgage Loan, borrower Mortgagor’s or any other Personservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any . No unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted realized by the Seller or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Servicer;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, in an amount representing coverage not less than the lesser which is at least equax xx xhx xesser of (i) the maximum txx xxxxmum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Freddie Mac requirements, in an amount representing coverage not less than xxxx xhx xesser xx (x) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides or National Flood Insurance Act of 1968, as amended (regardless of whether the Fxxxxxx Mac Guidesarea in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Responsible Party and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Responsible Party has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Responsible Party;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, in an amount representing coverage not less than the lesser which is at least equax xx xhx xesser of (i) the maximum txx xxxxmum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Freddie Mac requirements, in an amount representing coverage not less than xxxx xhx xesser xx (x) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides or National Flood Insurance Act of 1968, as amended (regardless of whether the Fxxxxxx Mac Guidesarea in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All As of the Transfer Date, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lenderx xxx originate mortgage xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lexxxxx who origixxxx xxrtgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Company and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage Loan, borrower or any other Person, Purchaser upon the consummation of the transactions contemplated by the applicable Purchase Agreement. Neither the Company nor the related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Company;

Hazard Insurance. All buildings a. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss from fire or hazards under a policy approved by Lender, which provides "special form" coverage in an amount at least equal to the replacement value of the improvements. If said improvements, or any part thereof, are at any time during the term of the Loan or Regulatory Agreement designated as being located within a one-hundred year flood plain by the Federal Emergency Management Agency (FEMA), Borrower shall further keep said improvements insured against loss by flood to eighty percent (80%) of replacement cost. In addition, Xxxxxxxx shall insure against loss of all furniture, equipment and other customarily insured improvements upon personal property owned by Borrower related to the Mortgaged operation of the Property are insured by an insurer acceptable under the Fxxxxx Mae Guidesas a rental housing development, against loss of rents and all other coverage required under the terms of the Regulatory Agreement. The insurance carrier providing the insurance shall be chosen by fireBorrower subject to approval by Xxxxxx. All premiums on insurance policies shall be paid by Borrower making payment, hazards when due, directly to the insurance carrier, or in a manner agreed to by the Lender. b. All insurance policies and renewals thereof shall be with loss payable to the Lender. Lender shall have the right to hold the policies and renewals thereof (or copies thereof), and Borrower shall promptly furnish to Lender all renewal notices and all receipts of extended coverage paid premiums. In the event of loss, Borrower shall give prompt notice to the insurance carrier and such other hazards as are provided for Lender. Lender may make proof of loss if not made promptly by Xxxxxxxx. c. Unless Lender and Borrower otherwise agree in writing, any proceeds which shall be applied pursuant to paragraph 10 shall not extend or postpone the due date of the payment or payments specified in the Fxxxxx Mxx Guides Note or change the amount of such payment or payments. If the Property is acquired by the Fxxxxxx Mac GuidesLender by foreclosure or otherwise, all right, title and interest of Borrower in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan to any insurance policies and (b) an amount such that in and to the proceeds thereof resulting from damage to the Property prior to the sale or acquisition shall pass to Lender to the extent of the sums secured by this Deed of Trust immediately prior to such sale or acquisition. d. All insurance coverage required by this paragraph 4, paragraph 5 below, and under the terms of the Regulatory Agreement shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy maintained for the projectfull term of the Loan and the Regulatory Agreement at Borrower’s expense. If required In the event the Borrower fails to maintain insurance coverage, Lender may purchase insurance in such amounts and in such coverages as it may elect and all amounts paid therefor shall be secured by this Deed of Trust and shall bear interest and be subject to the provisions of paragraph 7 below. Purchase of insurance by the FDPA, the Mortgage Loan is covered Lender shall not be considered a waiver by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage Lender of any such insurance policy, the benefits right or remedy under this Deed of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageTrust.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by Underwriting Guidelines, and are customary in the Fxxxxxx Mac Guidesarea where the Mortgaged Property is situated, in an amount representing coverage not less than which is at least equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming as in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, the Underwriting Guidelines in an amount representing coverage not less than the lesser of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides or National Flood Insurance Act of 1968, as amended (regardless of whether the Fxxxxxx Mac Guidesarea in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than which is at least equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, as in effect with a generally acceptable insurance carrier rated A:VI or better in Best’s in an amount not less than representing coverage equal to the lesser of (i) the minimum amount required by the FDPA. Such policy was issued by an insurer acceptable required, under the Fxxxxx Mae Guides terms of coverage, to compensate for any damage or loss on a replacement cost basis (or the Fxxxxxx Mac Guidesunpaid balance of the mortgage if replacement cost coverage is not available for the type of building insured) and (ii) the maximum amount of insurance which is available under the Flood Disaster Protection Act of 1973, as amended. All individual insurance policies contain a standard mortgagee clause naming either Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days’ prior written notice to the mortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage Loan, borrower or any other Person, has Trust upon the consummation of the transactions contemplated by this Agreement. The Sellers and the Originator have not engaged in and have no knowledge of the Mortgagor’s or Servicer’s having engaged in, any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted realized by the Sellers or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Originator;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property (other than Mortgaged Property subject to a Junior Mortgage Loan) are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of covered by extended coverage insurance and such other hazards as are provided for in the Fxxxxx Mxx Guides applicable Agency, FHA, VA, RHS or by HUD guidelines, as well as all additional requirements set forth in the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient Agency Guidelines or Asset Guidelines. With respect to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is subject to a condominium unitJunior Mortgage Loan, it is included under on the coverage afforded origination date such Mortgaged Property was covered by a blanket policy generally acceptable insurer against loss by fire, hazards covered by extended coverage insurance and such other hazards as are provided for in the projectapplicable Agency, FHA, VA, RHS or HUD guidelines, as well as all additional requirements set forth in the Agency Guidelines or Asset Guidelines. If required by the FDPAFlood Disaster Protection Act of 1973, as amended, the Mortgage Loan related Mortgaged Property is covered by a flood insurance policy meeting the applicable requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to the applicable Agency, FHA, VA, RHS or HUD guidelines or Seller’s Underwriting Guidelines. All individual insurance policies (other than individual insurance policies relating to Junior Mortgage Loans) contain a standard mortgagee clause naming Xxxxxx and conforming to Fxxxxx Mxx its successors and Fxxxxxx Mac requirementsassigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums due and owing thereon have been paid. The Mortgage (other than Mortgages related to Junior Mortgage Loans) obligates the Mortgagor thereunder to maintain all such insurance policies at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's such Xxxxxxxxx’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer and is in full force and effect effect. Seller has not engaged in, and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner has no knowledge of the Mortgage LoanMortgagor’s having engaged in, borrower or any other Person, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any to Seller’s knowledge, no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result realized by Seller, in any case, to the exclusion from, denial of, or defense to extent it would impair coverage under any such insurance policies, regardless of the cause of such failure of coveragepolicy.

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term “extended coverage coverage”, and such other hazards as are provided Lender may require and in such amounts and for such periods as Lender may require; provided, that Lender shall not require that the amount of such coverage exceed that amount of coverage required to pay the sums secured by this Deed of Trust. This obligation shall be deemed satisfied so long as the Condominium and Resort Owners Associations maintain a “master” or “blanket” policies for liability and casualty insurance in accordance with the terms hereof. The insurance carrier providing the insurance shall be chosen by Borrower or the Condominium or Resort Owners Association subject to approval by Lender; provided, that such approval shall not be unreasonably withheld. If required, all premiums on insurance policies shall be paid in the Fxxxxx Mxx Guides manner provided under paragraph 2 hereof, or, if not paid in such manner, by Borrower or by the Fxxxxxx Mac GuidesCondominium or Resort Owners Association making payment, in an amount representing coverage not less than when due, directly to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans insurance carrier. All insurance policies and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in a form acceptable to Lender. Borrower shall give Lender prompt notice of any lapse in hazard insurance coverage. In the Mortgagor and/or event of loss, Borrower shall give prompt notice to the Mortgagee from becoming a co-insurerinsurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Pursuant to the terms of the Project Documents timeshare declarations, insurance proceeds shall be applied to restoration or repair of the Property damaged, whether the unit or the common elements. To the extent such insurance proceeds exceed the cost of such restoration or repair and the Board of Directors of the Condominium or Resort Owners Association decides to disburse such excess, Borrower’s share of such excess shall be applied to the sums secured by this Deed of Trust, with the excess, if any, paid to Borrower. Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not exceed or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments. If under paragraph 18 hereof the Mortgaged Property is a condominium unitacquired by Lender, it is included under all right, title and interest of Borrower in and to any insurance policies and in and to any excess insurance proceeds thereof from damage to the coverage afforded by a blanket policy for Property prior to the project. If required by sale or acquisition shall pass to Lender to the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines sums secured by this Deed of the Federal Insurance Administration and conforming Trust immediately prior to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides such sale or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Fannie Mae Guides, Guides against loss by fire, hazards of extended coverage and such coverxxx xxd xxch other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, in an amount representing coverage not less than which is at leaxx xxxal to the lesser of ox (ix) the xhe maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsFreddie Mac, with a generally acceptable insurance xxxxxer acceptxxxx xxder the Fannie Mae Guides in an amount representing coverage not less than thax xxx lesser of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides National Flood Insurance Act of 1968, as amended (regardless of whether the area in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. None of the Seller, borrower the Mortgagor or any other Person, has servicer have engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term “extended coverage coverage”, and such other hazards as are provided Lender may require and in such amounts and for such periods as Lender may require; provided, that Lender shall not require that the amount of such coverage exceed that amount of coverage required to pay the sums secured by this Deed of Trust. This obligation shall be deemed satisfied so long as the Condominium Association or Fractional Association maintains “master” or “blanket” policies for liability and casualty insurance in accordance with the terms hereof. The insurance carrier providing the insurance shall be chosen by Borrower or the Condominium Association or Fractional Association subject to approval by Lender; provided, however, that such approval shall not be unreasonably withheld. If required, all premiums on insurance policies shall be paid in the Fxxxxx Mxx Guides manner provided under paragraph 2 hereof, or, if not paid in such manner, by Borrower or by the Fxxxxxx Mac GuidesCondominium Association or Fractional Association making payment, in an amount representing coverage not less than when due, directly to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans insurance carrier. All insurance policies and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in a form acceptable to Lender. Borrower shall give Lender prompt notice of any lapse in hazard insurance coverage. In the Mortgagor and/or event of loss, Borrower shall give prompt notice to the Mortgagee from becoming a co-insurerinsurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. If the Mortgaged Borrower has a right to vote in the Condominium Association or Fractional Association in connection with a decision regarding restoration, Borrower shall notify Lender of the vote and shall vote as directed by Lender or deliver a proxy or power of attorney to Lender for such vote, at Lenders’s election. Without limiting the generality of the foregoing, Borrower shall not vote to terminate the condominium (whether in connection with a casualty or otherwise) without Lender’s prior written consent. In the event the Property is not restored, Lender shall have a condominium unit, it is included under right to accelerate the coverage afforded by a blanket policy for indebtedness. Pursuant to the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements terms of the current guidelines Project Documents, insurance proceeds shall be applied to restoration or repair of the Federal Insurance Administration and conforming Property damaged, whether to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides unit or the Fxxxxxx Mac Guidescommon elements. The Mortgage obligates To the Mortgagor thereunder to maintain all extent such insurance at proceeds exceed the Mortgagor's cost of such restoration or repair and expense, and upon the Mortgagor's failure to do so, authorizes the holder Board of Directors of the Mortgage Condominium Association or Fractional Association decides to maintain disburse such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originatorexcess, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause Borrower’s share of such failure excess shall be applied to the sums secured by this Deed of coverage.Trust, with the excess, if any, paid to Borrower. 440722v2 Borrower Initials

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lenderx xxx oxxxinate mortgage xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lexxxxx wxx origixxxx xxrtgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily insured improvements upon hereafter erected on the Mortgaged Property are Premises insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term “extended coverage coverage”, and such other hazards as are provided Lender may require and in such amounts and for such periods as Lender may require; provided, that Lender shall not require that the amount of such coverage exceed that amount of coverage required to pay the sums secured by this Mortgage. This obligation shall be deemed satisfied so long as the Association maintains a “master” or “blanket” policies for liability and casualty insurance in accordance with the terms hereof. The insurance carrier providing the insurance shall be chosen by Borrower or the Association subject to approval by Lender; provided, that such approval shall not be unreasonably withheld. If required, all premiums on insurance policies shall be paid in the Fxxxxx Mxx Guides manner provided under Paragraph 2 hereof, or, if not paid in such manner, by Borrower or by the Fxxxxxx Mac GuidesAssociation making payment, in an amount representing coverage not less than when due, directly to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans insurance carrier. All insurance policies and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in a form acceptable to Lender. Borrower shall give Lender prompt notice of any lapse in hazard insurance coverage. In the Mortgagor and/or event of loss, Borrower shall give prompt notice to the Mortgagee from becoming a co-insurerinsurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Pursuant to the terms of the Condominium Documents, insurance proceeds shall be applied to restoration or repair of the property damaged, whether to the Unit or the Common Elements. To the extent such insurance proceeds exceed the cost of such restoration or repair and the Board of Directors of the Association decides to disburse such excess, Borrower’s share of such excess shall be applied to the sums secured by this Mortgage, with the excess, if any, paid to Borrower. Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not exceed or postpone the due date of the monthly installments referred to in Paragraphs 1 and 2 hereof or change the amount of such installments. If under Paragraph 18 hereof the Mortgaged Property Premises is a condominium unitacquired by Lender, it is included under all right, title and interest of Borrower in and to any insurance policies and in and to any excess insurance proceeds thereof from damage to the coverage afforded by a blanket policy for Mortgaged Premises prior to the project. If required by sale or acquisition shall pass to Lender to the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines of the Federal Insurance Administration and conforming sums secured by this Mortgage immediately prior to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides such sale or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. (a) All buildings or other customarily insured improvements upon the Mortgaged Property related to such Mortgage Loan are insured by an insurer acceptable under the Fxxxxx Mae Guides, a Qualified Mortgage Insurer against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing area where such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unitlocated, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood pursuant to insurance policy meeting policies conforming to the requirements of either Section 5.10 or Section 5.11. All such insurance policies (collectively, the current guidelines “hazard insurance policy”) contain a standard mortgagee clause naming the originator of such Mortgage Loan, its successors and assigns, as mortgagee. Such policies are the valid and binding obligations of the Federal Insurance Administration insurer, and conforming all premiums thereon due to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesdate have been paid. The related Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the such Mortgagor's ’s cost and expense, and upon the on such Mortgagor's ’s failure to do so, authorizes the holder of the such Mortgage to maintain such insurance at the such Mortgagor's ’s cost and expense and to seek reimbursement therefor from such Mortgagor; or (b) in the Mortgagorcase of a condominium or unit in a planned unit development (“PUD”) project that is not covered by an individual policy, the condominium or PUD project is covered by a “master” or “blanket” policy and there exists and is in the Servicer’s Mortgage File a certificate of insurance showing that the individual unit that secures the first mortgage is covered under such policy. All such standard hazard and flood policies are in full force and effect and on the date of origination contained The insurance policy contains a standard mortgagee clause naming the Seller originator of such Mortgage Loan (and its successors in interest and assigns assigns), as loss payee; such clause is still in effect insured mortgagee. Such policies are the valid and binding obligations of the insurer, and all premiums due on any such policies thereon have been paid in fullpaid. No originatorThe insurance policy provides for advance notice to the Seller or Servicer if the policy is canceled or not renewed, selleror if any other change that adversely affects the Seller’s interests is made; the certificate includes the types and amounts of coverage provided, prior owner describes any endorsements that are part of the Mortgage Loan“master” policy and would be acceptable pursuant to the FNMA Guide. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor, any subservicer or any other Personprior servicer having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind had been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageSeller.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Xxx and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greater of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property or (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an Loan, but in any event at least equal to the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with that required by Xxxxxx Mae and Xxxxxxx Mac; provided, however, that in no event shall the amount of such insurance be greater than the maximum amount allowed under applicable law. If upon origination of the Mortgage Loan, the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming Xxxxxxx Mac. All individual insurance policies contain a standard mortgagee clause naming Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days’ prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyer upon the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner consummation of the Mortgage Loantransactions contemplated by this Agreement. Seller has not engaged in, borrower and has no knowledge of the Mortgagor’s or any other Personsubservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon Mortgagor shall keep the Mortgaged Property are and any and all alterations, rebuilding, replacements and additions thereto, insured for the benefit of Mortgagee pursuant to policies which shall include coverage of not less than coverage encompassed by an insurer acceptable under the Fxxxxx Mae GuidesSpecial Property Form (All Risk), against loss all in formats reasonably approved by fire, hazards of extended coverage Mortgagee and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than equivalent to one hundred percent (100%) of the lesser of (i) the maximum full insurable value thereof with such insurance to provide for the full replacement cost excluding the footings and foundations below the lower basement floor undersurface, or if there is no basement, that surface which is below ground level; without deduction for depreciation. All policies shall also include an “agreed amount endorsement if applicable to the construction phase.” Such insurance shall not contain any clause which would result in the insured thereunder being required to carry insurance with respect to the property covered thereby in an amount equal to the minimum specific percentage of the improvements securing full replacement cost of such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient property in order to prevent the Mortgagor and/or the Mortgagee insured therein named from becoming a co-insurerinsurer of any loss under such policy. All insurance herein provided for shall cite Mortgagee as a first mortgagee/loss payee and shall be obtained by Mortgagor (notwithstanding the procurement of other insurance policies by other persons or parties and relating to the Mortgaged Property) and carried in companies reasonably approved by or reasonably satisfactory to Mortgagee. Notwithstanding the foregoing, Mortgagor shall have the right of free choice in the selection of the agent or insurer through or by which the insurance required hereunder is to be placed; provided, however, said insurer must be authorized to write such insurance in the State of Connecticut, must have a licensed resident agent in this State and must have, at all times while this Mortgage is in effect, a general policyholder’s rating of A-, A or A+ in Best’s latest rating guide. All policies, including additional and renewal policies, shall contain, to the extent available, an agreement by the insurer that such policy shall not be modified or cancelled without at least thirty (30) days prior written notice to Mortgagee, and all renewal policies, marked premium paid, shall also be delivered to Mortgagee at least thirty (30) days before the expiration thereof. All policies, including additional and renewal policies, shall be payable, in case of loss or damage, to Mortgagee as the first mortgagee, and shall contain the standard mortgage endorsement and non-contributing mortgagee clause as well as standard waiver of subrogation endorsement, and waiver of other endorsements, as Mortgagee may reasonably require from time to time, all to be in form reasonably acceptable to Mortgagee and shall be supplied to Mortgagee together with a paid receipted bxxx for a minimum of a one year premium. If Mortgagee shall in any manner acquire title to the Mortgaged Property, it shall thereupon become the sole and absolute owner of all insurance policies held by or required hereunder to be delivered to Mortgagee, with the sole right to collect and retain all unearned premiums and dividends. In the event of any loss, Mortgagor will give immediate notice thereof to Mortgagee. Mortgagor hereby authorizes Mortgagee, at its option, and is hereby constituted and appointed the true and lawful attorney-in-fact of Mortgagor, in the name and stead of Mortgagor, but in the uncontrolled discretion of said attorney, to collect, adjust and compromise any losses under any of the insurance policies, to endorse Mortgagor’s name on any document or instrument in payment of any insured loss and, after deducting the costs of collection, to apply the proceeds, at Mortgagee’s sole option, as follows: (i) as a credit upon the indebtedness secured hereby, whether or not the same shall be then due and payable, or (ii) to repairing or restoring the Mortgaged Property is or any part thereof, in which event, Mortgagee shall not be obligated to see to the proper application thereof, nor shall the amount so released or used be deemed a condominium unit, it is included under payment on any Indebtedness as secured hereby. The Mortgagee reserves the right to increase the amount of any insurance coverage afforded by a blanket policy for the project. If required hereunder to an amount deemed reasonably necessary by the FDPA, Mortgagee in accordance with the Mortgage Loan is covered by a flood insurance policy meeting the then customary requirements of institutional mortgagees of similar properties in similar areas as the current guidelines Premises and to reasonably approve the form and content of all insurance policies evidencing such coverage. Any failure on the part of the Federal Insurance Administration and conforming Mortgagee to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount secure physical evidence of any insurance required herein shall not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates relieve the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageresponsibilities hereunder.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Mac GuidesXxxxxxx Mac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Xxxxxx Xxx and conforming to Fxxxxx Mxx Xxxxxxx Mac, as well as all additional requirements set forth in Section 2.10 of the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the related Mortgage, the buildings or other customarily insured and improvements upon the each Mortgaged Property are insured by an insurer a Qualified Insurer pursuant to a standard, valid and existing hazard insurance policy acceptable under the to Fxxxxx Mae Guides, Mxx or Fxxxxxx Mac which policy insures against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Mae Guides or by the Fxxxxxx Mac Guides, Guide representing coverage in an amount representing coverage not less than the lesser of (ia) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (ab) the outstanding principal balance of the related Mortgage Loan and (b) Loan, but in no event an amount such less than an amount that the proceeds thereof shall be sufficient is required to prevent the Mortgagor and/or the Mortgagee from becoming being deemed to be a co-insurerinsurer thereunder. If the Mortgaged Property is a condominium unit, it is included under in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPAFederal Emergency Management Agency as having special flood hazards, the Mortgage Loan is covered by a flood insurance policy in a form meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming (which policy conforms to Fxxxxx Mxx and Mae or Fxxxxxx Mac requirements, ) is in effect with respect to such Mortgaged Property with a Qualified Insurer in an amount representing coverage not less than the least of (a) the outstanding Stated Principal Balance of the Mortgage Loan, (b) the maximum insurable value of the improvements securing such Mortgage Loan or (c) the maximum amount required by of insurance that is available under federal law. All individual insurance policies contain a standard mortgagee clause naming the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides Seller or the Fxxxxxx Mac Guides. The original holder of the Mortgage, and its successors in interest, as loss payee, and all of the premiums due and payable thereon have been paid; the Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on (nor any such policies have been paid in full. No originator, seller, prior owner originator or servicer of any of the Mortgage Loan, borrower or Loans) nor any other Person, Mortgagor has engaged in any act or omission that which has impaired or would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either. All such insurance policies contain a standard mortgagee clause naming Seller, its successors and assigns as loss payee and contain a clause that the insurer will notify the named mortgagee at least thirty (30) days prior to any reduction in coverage or cancellation of the policy. The hazard insurance policy is the valid and binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Purchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, and has no knowledge of the Mortgagor’s having engaged in, any act or omission which would impair the coverage of any such policy, the benefits of the endorsement provided for herein, or the validity and binding effect of either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lendexx xxx xxxginate mortgagx xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lxxxxxx xxx origxxxxx xortgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If area where the Mortgaged Property is a condominium unit, it is included under located pursuant to insurance policies conforming to the coverage afforded by a blanket policy for the projectrequirements of Xxxxxx Mae and Xxxxxxx Mac. If required upon origination of the Mortgage Loan, the Mortgaged Property was in an area identified in the Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards a life-of-loan flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPAXxxxxxx Mac. Such policy was issued by flood insurance shall be with an insurer acceptable under Approved Flood Policy Insurer. All individual insurance policies contain a standard mortgagee clause naming the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesCompany and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Company has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, including without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Company;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the to Fxxxxxx Mac and Fxxxxx Mae Guides, Mxx against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than the lesser of (i1) the maximum insurable value 100% of the replacement cost (as calculated by the Qualified Insurer) of all improvements securing such Mortgage Loans to the Mortgaged Property, and (ii) the greater of (a2) the outstanding principal balance of the Mortgage Loan with respect to each Loan; provided, however, in no event shall the amount of insurance be less than (x) the minimum amount necessary to fully compensate for any damage or loss on a replacement cost basis, and (by) an the amount necessary to avoid the operation of any co-insurance provisions with respect to the Mortgaged Property. All such that insurance policies contain a standard mortgagee clause naming the proceeds thereof shall be sufficient to prevent Seller, its successors and assigns as mortgagee and all premiums thereon have been paid. Where required by state law or regulation, the Mortgagor and/or has been given an opportunity to choose the Mortgagee from becoming a co-carrier of the required hazard insurance. The hazard insurance policy is the valid and binding obligation of the insurer. If the Mortgaged Property is a condominium unit, it is included under in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming is in effect with a generally acceptable insurance carrier, which policy conforms to the requirements of Fxxxxx Mxx Mae and Fxxxxxx Mac requirements, and in an amount not less than the amount required by greater of (1) lesser of (a) 100% of the FDPA. Such policy was issued by an insurer acceptable under replacement cost of all improvements to the Fxxxxx Mae Guides or Mortgaged Property and (b) the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder outstanding principal balance of the Mortgage Loan with respect to maintain each First Lien Mortgage Loan and (2) the maximum amount of insurance which is available under the National Flood Insurance Act of 1968 or the Flood Disaster Protection Act of 1973, as amended; provided, however, in no event shall the amount of insurance be less than the amount necessary to avoid the operation of any co-insurance provisions with respect to the Mortgaged Property. Each Mortgage Loan is covered by a “life of loan” Flood Zone Service Contract which is assignable to the Buyer or its designee at no cost to the Buyer or its designee or, for each Mortgage Loan not covered by such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming Flood Zone Service Contract, the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of agrees to pay the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful related fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All With respect to Mortgage Loans other than Cooperative Loans, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Mae and Xxxxxxx Mac. If, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance upon origination of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming other than a co-insurer. If Cooperative Loan), the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and Xxxxxxx Mac. With respect to each Cooperative Loan, the related Cooperative Project is insured by a generally acceptable insurer against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Cooperative Project is located pursuant to insurance policies conforming to Fxxxxx Mxx the requirements of Xxxxxx Mae and Fxxxxxx Mac requirementsXxxxxxx Mac. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, with respect to Mortgage Loans other than Cooperative Loans, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personsubservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, as well as all additional requiremexxx xxt xxrth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx Freddie Mac, as well as all additional requirements set fxxxx xn Xxction 2.10 of the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from thx Xxxxxxxor. Where required by state law or regulation, the MortgagorMortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. All such standard The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All As of the Transfer Date, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lenderx xxx originate mortgage xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lexxxxx who origixxxx xxrtgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by the Purchase Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term "extended coverage coverage", and such other hazards as are provided Lender may require and in such amounts and for such periods as Lender may require; provided, that Lender shall not require that the amount of such coverage exceed that amount of coverage required to pay the sums secured by this Mortgage. The insurance carrier providing the insurance shall be chosen by Borrower subject to approval by Lender; provided, that such approval shall not be unreasonably withheld. All premiums on insurance polices shall be paid in the Fxxxxx Mxx Guides manner provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the insurance carrier. \ All insurance policies and renewals thereof shall be in form acceptable to Lender and shall include a standard mortgage clause in favor of and in form acceptable to Lender. Lender shall have the right to hold the policies and renewals thereof, and Borrower shall promptly furnish to Lender all renewal notices and all receipts of paid premiums. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value repair of the improvements securing Property damaged, provided such restoration or repair is economically feasible and the security of this Mortgage Loans is not thereby impaired. If such restoration or repair is not economically feasible or if the security of this Mortgage would be impaired, the insurance proceeds shall be applied to the sums secured by this Mortgage, with the excess, if any, paid to Borrower. If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the date notice is mailed by Lender to Borrower that the insurance carrier offers to settle a claim for insurance benefits, Lender is authorized to collect and (ii) apply the greater of (a) the outstanding principal balance insurance proceeds at Lender's option either to restoration or repair of the Mortgage Loan Property or to the sums secured by this Mortgage. Unless Lender and (b) an Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such that installments. If under paragraph 18 hereof the Property is acquired by Lender, all right, title and interest of Borrower in and to any insurance polices and in and to the proceeds thereof resulting from damage to the Property prior to the sale or acquisition shall be sufficient pass to prevent Lender to the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines of the Federal Insurance Administration and conforming sums secured by this Mortgage immediately prior to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides such sale or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Mae and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greatest of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property, (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and Loan, or (biii) an the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with the required by Xxxxxx Mae and Xxxxxxx Mac. If upon origination of the Mortgage Loan, the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming to Fxxxxx Mxx Xxxxxxx Mac. All individuaI insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personsubservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lexxxxx wxx originate mortxxxx xxans similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgagx xxxxexx who oxxxxxxxe mortgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, in an amount representing coverage not less than which is at leasx xxxxl xx the lesser of (ix) the xxe maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Freddie Mac requirements, in an amount representing coverage not less than txxx the xxxxxx of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides or National Flood Insurance Act of 1968, as amended (regardless of whether the Fxxxxxx Mac Guidesarea in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All With respect to Mortgage Loans other than Cooperative Loans, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located pursuant to insurance policies conforming to the requirements of Fannie Mae and Freddie Mac. If, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance upon origination of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming xxxxr than a co-insurer. If Xxxxxxxtive Loan), the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Fannie Mae and Freddie Mac. With respect to each Cooperative Loan, thx xxxxted Coopexxxxxx Project is insured by a generally acceptable insurer against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Cooperative Project is located pursuant to insurance policies conforming to Fxxxxx Mxx the requirements of Fannie Mae and Fxxxxxx Mac requirementsFreddie Mac. All individual insurance policies contain x xxxndard morxxxxxx clause naming the Company and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, with respect to Mortgage Loans other than Cooperative Loans, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Company has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personsubservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Company;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Underwriting Guidelines and the Xxxxxx Xxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectXxxxxxx Mac. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms with the Underwriting Guidelines and conforming to Fxxxxx Mxx the Xxxxxx Xxx and Fxxxxxx Xxxxxxx Mac requirementsguidelines. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx and Xxxxxxx Mac and to lending institutions against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than pursuant to insurance policies conforming to the lesser of (i) the maximum insurable value requirements of the improvements securing Servicing Addendum. All such Mortgage Loans insurance policies are in full force and (ii) effect and contain a standard mortgagee clause naming the greater of (a) the outstanding principal balance of the Mortgage Loan Seller, its successors and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerassigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map issued by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesXxxxxxx Mac. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on Where required by state law or regulation, the date of origination contained a standard mortgagee clause naming Mortgagor has been given an opportunity to choose the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner carrier of the Mortgage Loanrequired hazard insurance, borrower provided the policy is not a "master" or any other Person, has engaged in any act or omission that would impair "blanket" hazard insurance policy covering the coverage common facilities of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.a planned unit

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac GuidesMac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirementsMac, as well as all additional requirements set forth in an amount not less than Section 2.10 of the amount required by Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesSeller and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Fannie Mae Guides, Guides against loss by fire, hazards of extended coverage and such other anx xxxx xxxer hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, in an amount representing coverage not less than which is at least equxx xx the lesser of (i) the maximum xxx xxximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsFreddie Mac, with a generally acceptable insurance carrixx xxxeptable uxxxx xxe Fannie Mae Guides in an amount representing coverage not less than the xxxxxx of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides National Flood Insurance Act of 1968, as amended (regardless of whether the area in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily insured improvements upon hereafter erected on the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against carriers at all times satisfactory to Lender again st loss by fire, hazards of included within the term "extended coverage coverage", rent loss and such other hazards hazards, casualties, liabilities and contingencies as are provided Lender shall require and in such amounts and for such periods as Lender shall require. All premiums on insurance policies shall be paid in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans manner provided under paragraph 2 hereof. All insurance policies and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in form acceptable to Lender. Lender shall have the Mortgagor and/or right to hold the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expensepolicies, and upon Borrower shall promptly furnish to Lender all renewal notices and all receipts of paid premiums. At least thirty days prior to the Mortgagor's failure expiration date of a policy, Borrower shall deliver to do soLender a renewal policy in form satisfactory to Lender. In the event of loss, authorizes Borrower shall give immediate written notice to the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense carrier and to seek reimbursement therefor Lender. Xxxxxxxx hereby authorizes and empowers Lender as attorney-in-fact for Borrower to make proof of loss, to adjust and compromise any claim under insurance policies, to appear in and prosecute any action arising from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless to collect and receive insurance proceeds, and to deduct therefrom Lender's expenses incurred in the collection of such proceed s; provided however, that nothing contained in this paragraph 5 shall require Lender to incur any expense or take any action hereunder. Xxxxxxxx further authorizes Xxxxxx to apply the balance of such proceeds to the payment of the cause sums secured by this Instrument, whether or not then due, in the order of application set forth in paragraph 3 hereof accounting to the mortgagor for any surplus. In the event the mortgagor does not renew the insurance policy then mortgagee may obtain loss payee insurance coverage only, which cost shall be payable by the mortgagor. Failure to reimburse the mortgagee for the cost of this policy within 30 calendar days after being mailed a bill for it shall constitute default under the mortgage. If the insurance proceeds are applied to the payment of the sums secured by this Instrument, any such application of proceeds to principal shall not extend or postpone the due dates of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amounts of such failure installments. If the Property is sold pursuant to Paragraph 19 hereof or if Lender acquires title to the property, Lender shall have all of coveragethe right, title and interest of Borrower in and to such insurance policies and unearned premiums thereon and to the proceeds resulting from any damage to the Property prior to such sale and acquisition.

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer generally acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx and to prudent mortgage lending institutions against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Mae Guides or by as well as all additional requirements set forth herein, pursuant to an insurance policy conforming to the Fxxxxxx Mac Guides, requirements of Customary Servicing Procedures and providing coverage in an amount representing coverage not less than equal to the lesser of (i) the maximum full insurable value of the improvements securing such Mortgage Loans and Mortgaged Property or (ii) the greater of (a) the outstanding principal balance owing on the Mortgage Loan. All such insurance policies are in full force and effect and contain a standard mortgagee clause naming the originator of the Mortgage Loan Loan, its successors and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerassigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required flood hazard map or flood insurance rate map issued by the FDPAFederal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesrequirements of Xxxxxx Xxx. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development, The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor, any subservicer or any other Personprior servicer having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Mac GuidesXxxxxxx Mac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Xxxxxx Xxx and conforming to Fxxxxx Mxx Xxxxxxx Mac, as well as all additional requirements set forth in Section 2.10 of the Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Xxx and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greater of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property or (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an Loan, but in any event at least equal to the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with that required by Xxxxxx Mae and Xxxxxxx Mac. If upon origination of the Mortgage Loan, the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming Xxxxxxx Mac. All individual insurance policies contain a standard mortgagee clause naming Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days’ prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyer upon the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner consummation of the Mortgage Loantransactions contemplated by this Agreement. Seller has not engaged in, borrower and has no knowledge of the Mortgagor’s or any other Personsubservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgage lenderx xxx oxxxinate mortgage xxxxx similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent mortgage lexxxxx wxx origixxxx xxrtgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Fannie Mae Guides, Guides against loss by firelosx xx xixx, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddie Mac, in an xx xn amount representing coverage not less than whixx xx xt least equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsFreddie Mac, with a xxxxxxlly xxxxxxable insurance carrier acceptable under the Fannie Mae Guides in an amount amounx xxxxesenting coverage not less than the lesser of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides National Flood Insurance Act of 1968, as amended (regardless of whether the area in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming Accredited and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Trustee on the date Closing Date. None of origination contained a standard mortgagee clause naming Accredited, the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower Mortgagor or any other Person, has servicer have engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by Accredited;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Xxx and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greater of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property or (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an Loan, but in any event at least equal to the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with that required by Xxxxxx Mae and Xxxxxxx Mac. If upon origination of the Loan, the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming Xxxxxxx Mac. All individual insurance policies contain a standard mortgagee clause naming the originator and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without thirty (30) days’ prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyers upon the consummation of the transactions contemplated by this Agreement. Neither the Seller nor the related Originator have engaged in, and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner no knowledge of the Mortgage Loan, borrower Mortgagor’s or any other Personsubservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted realized by the Seller or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coveragerelated Originator.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectMac. If required by the FDPAFlood Disaster Protection Act of 1973, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirementsMac. All individual insurance policies contain a standard mortgagee clause naming the Originator and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanTrustee for the benefit of the Certificateholders upon the consummation of the transactions contemplated by this Agreement. The Originator has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Originator;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by in the Fxxxxxx Freddie Mac Guides, as well as all additionxx xxxuxxxments set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Xxxxxxn 3.13 of the improvements securing such Mortgage Loans Pooling and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectServicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect which policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Fannie Mae Guides or the Fxxxxxx and Freddie Mac Guides, as well as all additional reqxxxxxxnxx set forth in Xxxxxxn 3.13 of the Pooling and Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Responsible Party and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanTrustee upon the consummation of the transactions contemplated by this Agreement. The Responsible Party has not engaged in, borrower and has no knowledge of the Mortgagor or any other Personservicer having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Responsible Party;

Hazard Insurance. All buildings BORROWER shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term "extended coverage coverage," and such any other hazards as are provided for which LENDER requires insurance. This insurance shall be maintained in amounts and for the Fxxxxx Mxx Guides periods that LENDER reasonably requires. The insurance carrier providing the insurance shall be chosen by BORROWER subject to LENDER's approval which shall not be unreasonably withheld. All insurance policies and renewals shall be acceptable to LENDER and shall include a standard mortgage clause. LENDER shall have the right to hold the policies and renewals. If LENDER requires, BORROWER shall promptly give to LENDER all receipts of paid premiums and renewal notices. In the event of loss, BORROWER shall give prompt notice to the insurance carrier and LENDER. LENDER may make proof of loss if not made promptly by BORROWER. Unless LENDER and BORROWER otherwise agree in writing, insurance proceeds shall be applied to restoration or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value repair of the improvements securing such Mortgage Loans Property damaged, if the restoration or repair is economically feasible and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerLENDER'S security is not lessened. If the Mortgaged restoration or repair is not economically feasible or LENDER'S security would be lessened, the insurance proceeds shall be [Exhibit D to Missoula Brownfields Cleanup Revolving Loan Fund Loan Agreement] applied to the sums secured by this Security Instrument, whether or not then due, with any excess paid to BORROWER. If BORROWER abandons the Property or does not answer within 30 days after a notice from LENDER that the insurance carrier has offered to settle a claim, then LENDER may collect the insurance proceeds. LENDER may use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrument, whether or not then due. The 30-day period will begin when the notice is given. Unless LENDER and BORROWER otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of the payments. If under paragraph 18 the Property is a condominium unitacquired by LENDER, it is included under BORROWER'S right to any insurance policies and proceeds resulting from damage to the coverage afforded by a blanket policy for Property prior to the project. If required by acquisition shall pass to LENDER to the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines of sums secured by this Security Instrument immediately prior to the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac GuidesFreddix Xxx, in an amount representing coverage not less than xxxunt which is ax xxxxx equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsFreddie Mac, with a gxxxxxxlx xcceptxxxx xxsurance carrier acceptable under the Fannie Mae Guides in an amount reprexxxxxxg coverage not less than the lesser of (i) the aggregate unpaid principal balance of the Mortgage Loan, (ii) maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance which is available under the Fxxxxx Mae Guides National Flood Insurance Act of 1968, as amended (regardless of whether the area in which such Mortgaged Property is located is participating in such program), and (iii) the full replacement value of the improvements which are part of such Mortgaged Property. All individual insurance policies contain a standard mortgagee clause naming the Responsible Party and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and inure to the benefit of the Trustee on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in fullClosing Date. No originator, seller, prior owner None of the Mortgage LoanResponsible Party, borrower the Mortgagor or any other Person, has servicer have engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Responsible Party;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Mxx Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Mae Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Mae or Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's ’s cost and expense, and upon the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's ’s cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, Person has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All buildings X. Xxxxxxxx shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term “extended coverage coverage” and such any other hazards as are provided for which Lender requires insurance. This insurance shall be maintained in the Fxxxxx Mxx Guides or amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by the Fxxxxxx Mac GuidesBorrower subject to Xxxxxx’s approval which shall not be unreasonably withheld. B. All insurance policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause. Lender shall have the right to hold the policies and renewals. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Xxxxxxxx. C. Unless Lender and Borrower otherwise agree in an amount representing coverage not less than the lesser of (i) the maximum insurable value writing, insurance proceeds shall be applied to restoration or repair of the improvements securing such Mortgage Loans Property damage, if the restoration or repair is economically feasible and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerLender’s security is not lessened. If the Mortgaged restoration or repair is not economically feasible or Lender’s security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with any excess paid to Borrower. If Xxxxxxxx abandons the Property, or does not answer within 30 days of a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may collect the insurance proceeds. Lender may use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrument, whether or not then due. The 30-day period will begin when the notice is given. D. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraph 1 or change the amount of the payments. If under paragraph 19 the Property is a condominium unitacquired by Xxxxxx, it is included under Xxxxxxxx’s right to any insurance policies and proceeds resulting from damage to the coverage afforded by a blanket policy for Property prior to the project. If required by acquisition shall pass to Lender to the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines of sums secured by this Security Instrument immediately prior to the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily hereafter erected on the Property insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of included within the term "extended coverage coverage" and such any other hazards as are provided for which Lender requires insurance. This insurance shall be maintained in the Fxxxxx Mxx Guides amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's approval, which shall not be unreasonably withheld. All insurance policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause. Lender shall have the right to hold the policies and renewals. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. The Lender .may make proof of loss if not made promptly by Xxxxxxxx. Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value repair of the improvements securing such Mortgage Loans Property damage the restoration or repair is economically feasible and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurerLender's security not lessened. If the Mortgaged restoration or repair is not economically feasible Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, any excess paid to Borrower. If Xxxxxxxx abandons the Property, but does not answer within thirty (30) days a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may collect the insurance proceeds. Lender may use the proceeds to repair or restore the Property or to pay sums secured by this Security Instrument, whether or not then due. The thirty (30) day period will begin at the time the notice is given. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of the payment. If under paragraph 19 the Property is a condominium unitacquired by Xxxxxx, it is included under Xxxxxxxx's right to any insurance policies and proceeds resulting from damage to the coverage afforded by a blanket policy for property prior to the project. If required by acquisition shall pass to Lender to the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements extent of the current guidelines of sums secured by this Security Instrument immediately prior to the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverageacquisition.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer a Qualified Insurer acceptable under the Fxxxxx Mae Guides, to Xxxxxx Xxx and Xxxxxxx Mac against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or area where the Mortgaged Property is located and, as of the date of origination, consistent with the Underwriting Guidelines, against other risks insured against by Persons operating like properties in the Fxxxxxx locality of the Mortgaged Property, pursuant to insurance policies conforming to the requirements of Xxxxxx Mae and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greatest of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property; (ii) the greater of either (a) the outstanding principal balance of the Mortgage Loan and with respect to each first lien Mortgage Loan or (b) an with respect to each Second Mortgage Loan, the sum of the outstanding principal balance of the related first lien mortgage loan and the outstanding principal balance of the Second Mortgage Loan; or (iii) the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property except as limited by applicable law, and consistent with the amount that would have been required as of the date of origination in accordance with the Underwriting Guidelines and Xxxxxx Mae and Xxxxxxx Mac requirements. If any portion of the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map by the FDPAFederal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirementsis in effect with a generally acceptable insurance carrier, in an amount representing coverage not less than the least of (1) either (A) the outstanding principal balance of the Mortgage Loan with respect to each first lien Mortgage Loan or (b) with respect to each Second Mortgage Loan, the sum of the outstanding principal balance of the related first lien mortgage loan and the outstanding principal balance of the Second Mortgage Loan,, (2) the full insurable value of the Mortgaged Property, on a replacement cost basis and (3) the maximum amount required by the FDPA. Such policy was issued by an insurer acceptable of insurance available under the Fxxxxx Mae Guides Flood Disaster Protection Act of 1973, as amended. Sellers shall have obtained a paid in full, life of loan, transferable flood certification contract for each Mortgage Loan and shall assign all such contracts to Buyer. All such insurance policies (collectively, the “hazard insurance policy”) conform to the requirements of Xxxxxx Xxx and Xxxxxxx Mac and contain a standard mortgagee clause naming the related Seller and its successors and assigns (including, without limitation, subsequent owners of the Mortgage Loan) as mortgagee, and may not be reduced, terminated or cancelled without thirty (30) days’ prior written notice to the Fxxxxxx Mac Guidesmortgagee. The No such notice has been received by any Seller. All premiums on such insurance policy previously coming due have been paid. Subject to applicable law, the related Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the such Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyer upon the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in fullconsummation of the transactions contemplated by this Agreement. No originatorSeller has engaged in, seller, prior owner and has no knowledge of the Mortgage Loan, borrower Mortgagor’s or Servicer’s or any other Personprior servicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other Person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under realized by any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectFreddie Mac. If required by the FDPANational Flood Xxxxxxnce Act of 1968, the ax xxxxxed, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae or Freddie Mac. All individual insurance policies contain a xxxxxxrd mortgxxxx xxause naming the Seller and conforming to Fxxxxx Mxx its successors and Fxxxxxx Mac requirementsassigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings Lessee shall not use, or permit said Premises, or any part thereof, to be used, for any purpose other than that for which said Premises are hereby leased; and no use shall be made or permitted to be made of the Premises, nor acts done, which may cause a cancellation of any standard form insurance policy covering said building, or any part thereof, nor shall Lessee sell or permit to be kept, used or sold, in or about said Premises, any article which may be prohibited by a standard form fire insurance policy. Lessee shall, at its sole cost and expense, comply with any and all reasonable requirements, pertaining to said Premises, of any insurance organization or company, necessary for the maintenance of reasonable fire and general liability insurance, covering said building and appurtenances. Lessor agrees to purchase and keep in force fire and extended coverage insurance covering loss or damage to the Premises in amounts not to exceed the full replacement cost of said Premises as determined by Lessor, with proceeds payable to Lessor. Lessee acknowledges that the insurance referenced above does not include coverage for Lessee's personal property. In the event of a loss per the insurance provisions of this paragraph, Lessee shall be responsible for deductibles up to a maximum of $5,000 per occurrence. The Lessee agrees to pay to the Lessor as additional Rent, on demand, the full cost of said insurance as evidenced by insurance xxxxxxxx to the Lessor which shall be included in Lessee's monthly CAC. If said insurance xxxxxxxx cover the Premises, and Lessee does not occupy the entire Premises, the insurance premiums and deductibles shall be allocated to the portion of the Premises occupied by Lessee on a pro-rata square footage or other customarily insured improvements upon equitable basis, as determined by Lessor. It is understood and agreed that Lessee's obligation under this paragraph will be prorated to reflect the Mortgaged Property are insured Commencement Date and the end of the Lease Term. Lessor and Lessee hereby waive any rights each may have against the other related to any loss or damage caused to Lessor or Lessee as the case may be, or to the Premises or its contents, and which may arise from any risk generally covered by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of fire and extended coverage insurance. The parties shall provide that their respective insurance policies insuring the property or the personal property include a waiver of any right of subrogation which said insurance company may have against Lessor or Lessee, as the case may be. Lessor shall maintain in full force and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guideseffect, a policy of rental loss insurance, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient equal to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required of Rent payable by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and Lessee commencing on the date of origination contained a standard mortgagee clause naming loss during the Seller and its successors in interest and assigns next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance"). Lessee shall reimburse Lessor for the full cost of said rental loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by Xxxxxxx Mac, as well as the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectfollowing additional requirements. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration in effect, which policy conforms to Xxxxxx Xxx and conforming Xxxxxxx Mac, as well as the aforementioned additional requirements. All individual insurance policies contain a standard mortgagee clause naming IFC and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "MASTER" or "BLANKET" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanTrustee upon the consummation of the transactions contemplated by the Pooling and Servicing Agreement. IFC has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by IFC;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, a Qualified Insurer against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loans, and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan Loan, and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, is in effect which policy is in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Flood Disaster Protection Act of 1973, as amended, conforms to Fxxxxx Mae Guides or the Mxx and Fxxxxxx Mac Guidesand is insured by a Qualified Insurer. All individual insurance policies contain a standard mortgagee clause naming the Servicer and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller nor the Servicer has engaged in, and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner has no knowledge of the Mortgage Loan, borrower Mortgagor’s or any other Personservicer’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, includingsuch policy, without limitation, the provision or receipt of any . No unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted realized by the Seller or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Servicer;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Underwriting Guidelines and the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectFreddie Mac. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms with the Underwriting Guidelines and conforming to the Fxxxxx Mxx and Fxxxxxx Mac requirementsguidelines. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the Mortgagor's such Mxxxxxxxx’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a “master” or “blanket” hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower or any other Personand has no knowledge of the Mortgagor’s having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All On each Purchase Date, with respect to a Mortgage Loan, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mortgaged Property is located pursuant to insurance policies conforming to the requirements of Xxxxxx Mae and Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser greater of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans and to the Mortgaged Property or (ii) the greater of (a) the outstanding principal balance Outstanding Principal Balance of the Mortgage Loan and (b) an Loan, but in any event at least equal to the amount such that necessary to avoid the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property, and consistent with the amount that would have been required as of the date of origination in accordance with that required by Xxxxxx Mae and Xxxxxxx Mac. If upon origination of the Mortgage Loan, the Mortgaged Property is a condominium unit, it is included under was in an area identified in the coverage afforded by a blanket policy for the project. If required Federal Register by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Flood Insurance Administration is in effect which policy conforms to the requirements of Xxxxxx Mae and conforming Xxxxxxx Mac. All individual insurance policies contain a standard mortgagee clause naming the related Approved Originator and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without 30 days' prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided, that the policy is not a "master" or "blanket" hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming Buyer upon the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner consummation of the Mortgage Loantransactions contemplated by this Agreement. Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personsubservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.realized by Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon on the Mortgaged Property are insured by an insurer acceptable to Fannie Mae or Freddie Mac and to prudent mortgage lending institutioxx, xxainst loxx xx xire and such hazards as are covered under the Fxxxxx Mae Guides, against loss by fire, hazards of a standard extended coverage endorsement and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by the Fxxxxxx Freddie Mac Guides, as applicable, pursuant to xxxxxance policies cxxxxxxxng to Accepted Practices, in an amount representing coverage which is not less than the lesser of (i) 100% of the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) Mortgaged Property or the outstanding principal balance of the Mortgage Loan and (b) an plus, with respect to any Second Lien Mortgage Loan, the outstanding principal balance of the related first lien mortgage loan, if any), but in no event less than the minimum amount such that the proceeds thereof shall be sufficient necessary to prevent the Mortgagor and/or the Mortgagee from becoming fully compensate for any damage or loss on a co-insurerreplacement cost basis. If the Mortgaged Property is a condominium unit, it is may be included under the coverage afforded by a blanket policy for the project. If required the improvements on the Mortgaged Property are in an area identified in the Federal Register by the FDPAFederal Emergency Management Agency as having special flood hazards, the Mortgage Loan is covered by then a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect with a generally acceptable insurance carrier and conforming such policy conforms to Fxxxxx Mxx and Fxxxxxx Mac requirements, the requirements of Fannie Mae or Freddie Mac. Such flood insurance policy is in an amount amounx xxxresentinx xxxxrage not less than the least of (A) the outstanding principal balance of the Mortgage Loan, (B) the full insurable value of the related Mortgaged Property and (C) the maximum amount required by the FDPA. Such policy of insurance which was issued by an insurer acceptable available under the Fxxxxx Mae Guides or Flood Disaster Protection Act of 1973, as amended. All individual insurance policies contain a standard mortgagee clause naming the Fxxxxxx Mac GuidesCompany and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such a hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All Each such standard hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner Purchaser upon the consummation of the purchase of the Mortgage Loan, borrower Loans as contemplated by this Agreement. The Company has not acted or any other Person, has engaged in any failed to act or omission that would so as to impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, policy or the validity and validity, binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.enforceability thereof;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged buxxxxxxs xpon txx Xxxxgaged Property are insured by an insurer a Qualified Insurer acceptable under the Fxxxxx to Fannie Mae Guides, and Freddie Mac against loss by fire, hazards of extended coverage and such extenxxx xoverage xxx xxxh other hazards as are provided for customary in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than the lesser of (i) the maximum insurable value 100% of the replacement cost of all improvements securing such Mortgage Loans to the Mortgaged Property and (ii) the greater of either (aA) the outstanding principal balance of the Mortgage Loan with respect to each first lien Mortgage Loan or (B) with respect to each Second Lien Mortgage Loan, the sum of the outstanding principal balance of the related first lien mortgage loan and (b) an the outstanding principal balance of the Second Lien Mortgage Loan; provided, however, in no event shall the amount such that of insurance be less than the proceeds thereof shall be sufficient amount necessary to prevent avoid the Mortgagor and/or the Mortgagee from becoming a operation of any co-insurerinsurance provisions with respect to the Mortgaged Property. All such insurance policies contain a standard mortgagee clause naming the Seller, its successors and assigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required Flood Hazard Map or Flood Insurance Rate Map issued by the FDPA, the Mortgage Loan is covered by Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of Fannie Mae and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac GuidesFreddie Mac. The Mortgage obligates the Mortgagor thereunder thexxxxxxr to maintain all mainxxxx xxl such insurance at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.;

Hazard Insurance. All As of the Transfer Date, pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Mae Guides or by Xxxxxxx Mac or those of prudent mortgage lenders who originate mortgage loans similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Xxxxxx Mae and conforming Xxxxxxx Mac requirements or those of prudent mortgage lenders who originate mortgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Company and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage Loan, borrower or any other Person, Purchaser upon the consummation of the transactions contemplated by the applicable Purchase Agreement. Neither the Company nor the related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Company;

Hazard Insurance. All buildings Borrower shall keep the improvements now existing or other customarily insured improvements upon hereafter erected on the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, carriers at all times satisfactory to Lender against loss by fire, hazards of included within the term "extended coverage coverage", rent loss and such other hazards hazards, casualties, liabilities and contingencies as are provided Lender shall require and in such amounts and for such periods as Lender shall require. All premiums on insurance policies shall be paid in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans manner provided under paragraph 2 hereof. All insurance policies and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds renewals thereof shall be sufficient in a form acceptable to prevent Lender and shall include a standard mortgage clause in favor of and in form acceptable to Lender. Lender shall have the Mortgagor and/or right to hold the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expensepolicies, and upon Borrower shall promptly furnish to Lender all renewal notices and all receipts of paid premiums. At least thirty days prior to the Mortgagor's failure expiration date of a policy, Borrower shall deliver to do soLender a renewal policy in form satisfactory to Lender. In the event of loss, authorizes Borrower shall give immediate written notice to the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense carrier and to seek reimbursement therefor Lender. Borrower hereby authorizes and empowers Lender as attorney-in-fact for Borrower to make proof of loss, to adjust and compromise any claim under insurance policies, to appear in and prosecute any action arising from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless to collect and receive insurance proceeds, and to deduct therefrom Lender's expenses incurred in the collection of such proceeds; provided however, that nothing contained in this paragraph 5 shall require Lender to incur any expense or take any action hereunder. Borrower further authorizes Lender to apply the balance of such proceeds to the payment of the cause sums secured by this Instrument, whether or not then due, in the order of application set forth in paragraph 3 hereof accounting to the mortgagor for any surplus. In the event the mortgagor does not renew the insurance policy then mortgagee may obtain loss payee insurance coverage only, which cost shall be payable by the mortgagor. Failure to reimburse the mortgagee for the cost of this policy within 30 calendar days after being mailed a xxxx for it shall constitute default under the mortgage. If the insurance proceeds are applied to the payment of the sums secured by this Instrument, any such application of proceeds to principal shall not extend or postpone the due dates of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amounts of such failure installments. If the Property is sold pursuant to Paragraph 19 hereof or if Lender acquires title to the property, Lender shall have all of coveragethe right, title and interest of Borrower in and to such insurance policies and unearned premiums thereon and to the proceeds resulting from any damage to the Property prior to such sale and acquisition.

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Mac GuidesXxxxxxx Mac, as well as all additional requirements set forth in an amount representing coverage not less than the lesser of (i) the maximum insurable value Section 2.10 of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. Interim Servicing Agreement attached hereto as Exhibit B. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration in effect, which policy conforms to Xxxxxx Xxx and conforming Xxxxxxx Mac, as well as all additional requirements set forth in Section 2.10 of the Interim Servicing Agreement attached hereto as Exhibit B. All individual insurance policies contain a standard mortgagee clause naming the Seller and its successors and assigns as mortgagee, and all premiums thereon have been paid and such policies may not be reduced, terminated or cancelled without thirty (30) days' prior written notice to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesmortgagee. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner benefit of the Mortgage LoanPurchaser upon the consummation of the transactions contemplated by this Agreement. The Seller has not engaged in, borrower and has no knowledge of the Mortgagor's or any other Personservicer's having engaged in, has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of eithersuch policy, including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If area where the Mortgaged Property is a condominium unitlocated pursuant to insurance policies conforming to the requirements of Fannie Mae and Freddie Mac, it is included under as well as all additional requirements set xxxxx in Sectiox 0.00 of the coverage afforded by a blanket policy for the projectInterim Servicing Agreement. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to Fannie Mae and conforming to Fxxxxx Mxx Freddie Mac, as well as all additional requirements set xxxxx in Sectiox 0.00 of the Interim Servicing Agreement. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner Purchaser upon the consummation of the purchase of the Mortgage LoanLoan as contemplated by this Agreement. As of the Securitization Closing Date, borrower or any other Personthe Seller has not engaged in, and has no knowledge of the Mortgagor's having engaged in in, any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All Pursuant to the terms of the Mortgage, all buildings or other customarily insured improvements upon the Mortgaged Property are insured by an a generally acceptable insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Fannie Mae Guides or by Freddie Mac or those of prudent mortgagx xxxxexx who originate xxxxxxxe loans similar to the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) in the greater of (a) jurisdiction where the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the projectlocated. If required by the FDPANational Flood Insurance Act of 1968, the as amended, each Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to Fannie Mae and conforming Freddie Mac requirements or those of prudent morxxxxx lxxxers wxx xxxxinate mortgage loans similar to Fxxxxx Mxx the Mortgage Loans in the jurisdiction where the related Mortgaged Property is located. All individual insurance policies contain a standard mortgagee clause naming the Seller and Fxxxxxx Mac requirementsits successors and assigns as mortgagee, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guidesand all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such the hazard insurance policy at the Mortgagor's cost and expense, and upon on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All such standard Where required by state law or regulation, the Mortgagor has been given an opportunity to choose the carrier of the required hazard insurance, provided the policy is not a "master" or "blanket" hazard insurance policy covering a condominium, or any hazard insurance policy covering the common facilities of a planned unit development. The hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Purchaser upon the consummation of the transactions contemplated by this Agreement. Neither the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of nor the Mortgage Loan, borrower or any other Person, related Mortgagor has engaged in any act or omission that which would impair the coverage of any such insurance policy, the benefits of the endorsement provided for thereinherein, or the validity and binding effect of either, either including, without limitation, the provision or receipt of any no unlawful fee, commission, kickback, kickback or other unlawful compensation or value of any kind. No actionkind has been or will be received, inactionretained or realized by any attorney, firm or event has occurred other person or entity, and no state of facts exists such unlawful items have been received, retained or has existed that has resulted or will result in realized by the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.Seller;

Hazard Insurance. All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Xxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Xxxxxx Xxx Guides or by the Fxxxxxx Xxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx Xxxxxx Xxx and Fxxxxxx Xxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Xxxxxx Mae Guides or the Fxxxxxx Xxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originatorobligated party or borrower, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

Hazard Insurance. All buildings or other customarily insured improvements upon on the Mortgaged Property are insured by an insurer acceptable under to, with respect to the Fxxxxx Conventional Mortgage Loans, Xxxxxx Mae Guidesor Xxxxxxx Mac and to prudent mortgage lending institutions, and with respect to the Non-Conventional Mortgage Loans, FHA or VA, as applicable, against loss by fire, hazards of extended coverage and such other hazards as are provided for customary or required by law in the Fxxxxx Mxx Guides or by area where the Fxxxxxx Mac GuidesMortgaged Property is located, in an amount representing coverage not less than which is at least equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans Loan and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or or the Mortgagee loss payee from becoming a co-insurer. If the related Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required located in an area identified by the FDPAFlood Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), the Mortgage Loan is covered by then a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming is in effect with a generally acceptable insurance carrier acceptable to Fxxxxx Mxx and Fxxxxxx Xxxxxx Mae or Xxxxxxx Mac requirements, in an amount not less than representing coverage equal to the lesser of (i) the minimum amount required by the FDPA. Such policy was issued by an insurer acceptable required, under the Fxxxxx Mae Guides terms of coverage, to compensate for any damage or loss on a replacement cost basis (or the Fxxxxxx Mac Guidesunpaid balance of the mortgage if replacement cost coverage is not available for the type of building insured) and (ii) the maximum amount of insurance which is available under the Flood Disaster Protection Act of 1973, as amended. All individual insurance policies contain a standard mortgagee clause naming the Company and its successors and assigns as mortgagee, and all premiums thereon have been paid. The Mortgage obligates the Mortgagor thereunder to maintain all such a hazard insurance policy at the Mortgagor's ’s cost and expense, and upon on the Mortgagor's ’s failure to do so, authorizes the holder of the Mortgage to obtain and maintain such insurance at the such Mortgagor's ’s cost and expense expense, and to seek reimbursement therefor from the Mortgagor. All Each such standard hazard insurance policy is the valid and flood policies are binding obligation of the insurer, is in full force and effect, and will be in full force and effect and on inure to the date benefit of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner Purchaser upon the consummation of the purchase of the Mortgage Loan, borrower Loans as contemplated by this Agreement. The Company has not acted or any other Person, has engaged in any failed to act or omission that would so as to impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, policy or the validity and validity, binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.enforceability thereof;