Common use of Interim Servicing Clause in Contracts

Interim Servicing. With respect to Mortgages or portfolios of Mortgages designated by Freddie Mac as being serviced by Seller/Servicer as Interim Servicer: (i) Designated Custodian and Interim Servicer will comply in all respects with the terms of this Agreement except as explicitly amended by this Section 2(g); (ii) with respect to each Note deposited with it that is serviced by an Interim Servicer, unless otherwise instructed by Freddie Mac in writing, Designated Custodian will perform the verifications specified in Guide Sections 2202.6 and 7101.9; and (iii) notwithstanding the statements in Guide Section 2202.1 regarding payment by the Seller/Servicer, Designated Custodian will xxxx Xxxxxxx Mac for custodial services hereunder as set forth in Section 7(b).

Appears in 2 contracts

Samples: Designated Custodial Agreement, Designated Custodial Agreement

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Interim Servicing. With respect to Mortgages or portfolios of Mortgages designated by Freddie Mac as being serviced by Seller/Servicer as Interim Servicer: (i) Designated Custodian and Interim Servicer will comply in all respects with the terms of this Agreement except as explicitly amended by this Section 2(g3(f); (ii) with With respect to each Note deposited with it that is serviced by an Interim Servicer, unless otherwise instructed by Freddie Mac in writing, Designated Custodian will perform the verifications specified in Guide Sections 2202.6 and 7101.9; and (iii) notwithstanding Notwithstanding the statements in Guide Section 2202.1 regarding payment by the Seller/Servicer, Designated Custodian will xxxx Xxxxxxx Mac for Interim Servicer’s custodial services hereunder as set forth in Section 7(b3(g).

Appears in 1 contract

Samples: Designated Custodial Agreement

Interim Servicing. With respect to Mortgages or portfolios of Mortgages designated by Freddie Mac as being serviced by Seller/Servicer as Interim Servicer: (i) Designated Document Custodian and Interim Servicer will comply in all respects with the terms of this Agreement except as explicitly amended by this Section 2(g3(f); (ii) with With respect to each Note deposited with it Document Custodian that is serviced by an Interim Servicer, unless otherwise instructed by Freddie Mac in writing, Designated Document Custodian will perform the verifications specified in Guide Sections 2202.6 and 7101.9; and (iii) notwithstanding Notwithstanding the statements in Guide Section 2202.1 regarding payment by the Seller/Servicer, Designated Document Custodian will xxxx Xxxxxxx bill Freddie Mac for Interim Servicer’s custodial services hereunder as set forth in Section 7(b3(g).

Appears in 1 contract

Samples: Document Custodial Agreement

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Interim Servicing. With respect to Mortgages or portfolios of Mortgages designated by Freddie Xxxxxxx Mac as being serviced by Seller/Servicer as Interim Servicer: (i) Designated Custodian and Interim Servicer will comply in all respects with the terms of this Agreement except as explicitly amended by this Section 2(g); (ii) with respect to each Note deposited with it that is serviced by an Interim Servicer, unless otherwise instructed by Freddie Xxxxxxx Mac in writing, Designated Custodian will perform the verifications specified in Guide Sections 2202.6 and 7101.9; and (iii) notwithstanding the statements in Guide Section 2202.1 regarding payment by the Seller/Servicer, Designated Custodian will xxxx Xxxxxxx Mac for custodial services hereunder as set forth in Section 7(b).

Appears in 1 contract

Samples: Designated Custodial Agreement

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