Limitations on Custodial Responsibilities. (a) The Trustee shall be under no duty or obligation to inspect, review or examine the Custodial Files to determine that the contents thereof are appropriate for the represented purpose or that they have been actually recorded or that they are other than what they purport to be on their face. (b) The Trustee shall not be responsible or liable for, and makes no representation or warranty with respect to, the validity, adequacy, perfection or priority of any lien upon or security interest in any Custodial File. (c) The Trustee shall not be responsible to verify the collectibility, insurability, effectiveness including the authority or capacity of any Person to execute or issue any document in the Custodial File, or suitability of any Mortgage Loans. (d) The Trustee shall have no obligation to verify the receipt of any such documents the existence of which was not made known to the Trustee by receipt of the Custodial File. (e) The Trustee makes no representations and shall have no responsibilities as to the validity, sufficiency, value, genuineness, ownership or transferability of any of the Mortgage Loans. (f) The Trustee shall have no obligation to determine whether the recordation of any document is necessary.
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Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Nc1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Br5), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Nc2)
