Common use of Master Servicer Events of Default Clause in Contracts

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 Section 8.03. Waiver of Defaults 135 Section 8.04. Notification to Holders 135 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 108 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 112 Section 8.03. Waiver of Defaults 135 113 Section 8.04. Notification to Holders 135 113 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 113 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 114 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137114

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 121 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 125 Section 8.03. Waiver of Defaults 135 125 Section 8.04. Notification to Holders 135 126 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 126 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 126 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137126 ARTICLE IX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 Default. 124 Section 8.03. Waiver of Defaults 135 Defaults. 125 Section 8.04. Notification to Holders 135 Holders. 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 Default. 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 Default. 125 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137126

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 118 Section 8.03. Waiver of Defaults 135 119 Section 8.04. Notification to Holders 135 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 119 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 120

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 124 Section 8.03. Waiver of Defaults 135 124 Section 8.04. Notification to Holders 135 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 125 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 125 Transfer and Servicing Agreement

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 118 Section 8.03. Waiver of Defaults 135 119 Section 8.04. Notification to Holders 135 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 120 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 120

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 115 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 119 Section 8.03. Waiver of Defaults 135 119 Section 8.04. Notification to Holders 135 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 120 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 120

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 129 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 133 Section 8.03. Waiver of Defaults 135 133 Section 8.04. Notification to Holders 135 133 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 133 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 134 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137134

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 127 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 131 Section 8.03. Waiver of Defaults 135 131 Section 8.04. Notification to Holders 135 132 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 132 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 132 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 132

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 104 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 Default. 108 Section 8.03. Waiver of Defaults 135 Defaults. 108 Section 8.04. Notification to Holders 135Holders. 108 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135Default. 108 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 Default. 108 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137108

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 128 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 Default. 132 Section 8.03. Waiver of Defaults 135 Defaults. 133 Section 8.04. Notification to Holders 135Holders. 133 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135Default. 133 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 Default. 133 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137134

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 127 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 132 Section 8.03. Waiver of Defaults 135 132 Section 8.04. Notification to Holders 135132 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135132 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 133 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137133

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 118 Section 8.03. Waiver of Defaults 135 118 Section 8.04. Notification to Holders 135 118 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 118 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 119 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137Reports 119 145322 HomeBanc 2005-2 Transfer and Servicing Agreement iii

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 129 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 133 Section 8.03. Waiver of Defaults 135 133 Section 8.04. Notification to Holders 135133 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135133 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 134 Section 8.07. Preparation of Reports. 136 134 Section 9.01. Termination 137135

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 127 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 131 Section 8.03. Waiver of Defaults 135 131 Section 8.04. Notification to Holders 135132 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135Default Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 132 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137132

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 130 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 134 Section 8.03. Waiver of Defaults 135 Section 8.04. Notification to Holders 135 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 135 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 135 Section 8.07. Preparation of Reports. 136 Section 9.01. Termination 137136