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. 108 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 Section 8.03. Waiver of Defaults 113 Section 8.04. Notification to Holders 113 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 Section 8.07. Preparation of Reports. 114 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 121 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 125 Section 8.03. Waiver of Defaults 113 125 Section 8.04. Notification to Holders 113 126 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 126 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 126 Section 8.07. Preparation of Reports. 114 126 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 129 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 133 Section 8.03. Waiver of Defaults 113 133 Section 8.04. Notification to Holders 113 133 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 133 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 134 Section 8.07. Preparation of Reports. 114 134 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 Default. 124 Section 8.03. Waiver of Defaults 113 Defaults. 125 Section 8.04. Notification to Holders 113 Holders. 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 Default. 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 Default. 125 Section 8.07. Preparation of Reports. 114 126 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 118 Section 8.03. Waiver of Defaults 113 119 Section 8.04. Notification to Holders 113 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 119 Section 8.07. Preparation of Reports. 114 Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 118 Section 8.03. Waiver of Defaults 113 118 Section 8.04. Notification to Holders 113 118 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 118 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 119 Section 8.07. Preparation of Reports. 114 Reports 119 145322 HomeBanc 2005-2 Transfer and Servicing Agreement iii ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 118 Section 8.03. Waiver of Defaults 113 119 Section 8.04. Notification to Holders 113 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 120 Section 8.07. Preparation of Reports. 114 Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 124 Section 8.03. Waiver of Defaults 113 124 Section 8.04. Notification to Holders 113 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 125 Section 8.07. Preparation of Reports. 114 Reports 125 Transfer and Servicing Agreement ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 115 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 119 Section 8.03. Waiver of Defaults 113 119 Section 8.04. Notification to Holders 113 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 120 Section 8.07. Preparation of Reports. 114 Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor. 108 Successor 127 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 112 131 Section 8.03. Waiver of Defaults 113 131 Section 8.04. Notification to Holders 113 132 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 113 132 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 114 132 Section 8.07. Preparation of Reports. 114 Reports 132 ARTICLE IX