Mandatory Deposits. The following funds must be deposited into each respective Custodial T&I Account: (a) related Borrowers' Escrow Funds; (b) related T&I Advances; (c) the remaining balance of Title Insurance loss drafts; (d) rent receipts to offset any related T&I Advances by the Servicer; (e) unapplied funds; and (f) Liquidation Proceeds from a related Mortgage Loan that offset a deficit balance in the related Borrower's Escrow Funds.
Appears in 58 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar4 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-6 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar6 Trust)
Mandatory Deposits. The following funds must be deposited into each respective Custodial T&I Account:
(a) related Borrowers' Escrow Funds;
(b) related T&I Advances;
(c) the remaining balance of Title Insurance loss drafts;
(d) rent receipts to offset any related T&I Advances by the Servicer;
(e) unapplied funds; and
(f) Liquidation Proceeds from a related Mortgage Loan that offset a deficit balance in the related Borrower's Escrow Funds.;
Appears in 18 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar5 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar9 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust)
Mandatory Deposits. The following funds must be deposited into each respective Custodial T&I Account:
(a) related Borrowers' β Escrow Funds;
(b) related T&I Advances;
(c) the remaining balance of Title Insurance loss drafts;
(d) rent receipts to offset any related T&I Advances by the Servicer;
(e) unapplied funds; and
(f) Liquidation Proceeds from a related Mortgage Loan that offset a deficit balance in the related Borrower's βs Escrow Funds.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
