Common use of Modification Agreements Clause in Contracts

Modification Agreements. 13 Section 3.07 Trust Estate; Related Documents................................14 Section 3.08 Realization upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer and Indenture Trustee to Cooperate......................15 Section 3.11 Compensation; Payment of Certain Expenses......................16 Section 3.12 Annual Statement as to Compliance..............................17 Section 3.13 Annual Servicing Report........................................17 Section 3.14 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 Section 3.15 Maintenance of Certain Servicing Insurance Policies............17 Section 3.16 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 Section 3.17 Assignments; Recordings of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) Page

Modification Agreements. 13 11 Section 3.07 3.06. Trust Estate; Related Documents................................14 .............................11 Section 3.08 3.07. Realization upon Upon Defaulted Mortgage Loans......................14 ...................12 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer 3.08. Company and Indenture Trustee to Cooperate......................15 ..................14 Section 3.11 3.09. Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer.................................................15 Section 3.12 3.10. Annual Statement as to Compliance..............................17 ...........................15 Section 3.13 3.11. Annual Servicing Report........................................17 .....................................16 Section 3.14 3.12. Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ................................16 Section 3.15 3.13. Maintenance of Certain Servicing Insurance Policies............17 .........16 Section 3.16 3.14. Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 17 Section 3.17 Assignments; Recordings 3.15. Optional Repurchase of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageDefaulted Mortgage Loans.............17

Modification Agreements. 13 11 Section 3.07 3.06 Trust Estate; Related Documents................................14 12 Section 3.08 3.07 Realization upon Defaulted Mortgage Loans......................14 13 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer 3.08 Company and Indenture Trustee to Cooperate......................15 .....................14 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer.......................................................15 Section 3.12 3.10 Annual Statement as to Compliance..............................17 15 Section 3.13 3.11 Annual Servicing Report........................................17 16 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 .............................................16 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 16 Section 3.16 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 16 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageDefaulted Mortgage Loans................17

Modification Agreements. 13 Section 3.07 3.06 Trust Estate; Related Documents...................................................................13 Section 3.07 Realization Upon Defaulted Mortgage Loans.........................14 Section 3.08 Realization upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer and Indenture Trustee to Cooperate...............................................15 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................Expenses by Servicer..........................................................16 Section 3.12 3.10 Annual Statement as to Compliance..............................17 .................................16 Section 3.13 3.11 Annual Servicing Report...................................................................................17 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................................................................17 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies...........................17 Section 3.16 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property....................................................................................................17 Section 3.15 Optional Repurchase or Transfer of Mortgage Loans.................18 Section 3.16 Reserved..........................................................19 Section 3.17 Assignments; Recordings of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PagePre-Funding Account...............................................19

Modification Agreements. 13 14 Section 3.07 3.06 Trust Estate; Related Documents...................................................................14 Section 3.08 3.07 Realization upon Upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property.....................................................15 Section 3.10 3.08 Issuer and Indenture Trustee to Cooperate......................15 .........................16 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer..........................................................17 Section 3.12 3.10 Annual Statement as to Compliance..............................17 .................................18 Section 3.13 3.11 Annual Servicing Report........................................17 ...........................................18 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ................................................18 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ...............19 Section 3.16 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 ..........................................................19 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase or Transfer of Assignments.........................18 Mortgage Loans.................19 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) Page3.16 Reserved..........................................................21

Modification Agreements. 13 14 Section 3.07 3.06 Trust Estate; Related Documents..................................................................14 Section 3.08 3.07 Realization upon Upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property....................................................15 Section 3.10 3.08 Issuer and Indenture Trustee to Cooperate......................15 ........................17 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer.........................................................18 Section 3.12 3.10 Annual Statement as to Compliance..............................17 ................................18 Section 3.13 3.11 Annual Servicing Report........................................17 ..........................................18 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ...............................................19 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ..............19 Section 3.16 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 .........................................................19 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase or Transfer of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageMortgage Loans................19

Modification Agreements. 13 11 Section 3.07 3.06 Trust Estate; Related Documents................................14 ...............................12 Section 3.08 3.07 Realization upon Defaulted Mortgage Loans......................14 .....................13 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer 3.08 Company and Indenture Trustee to Cooperate......................15 ....................14 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer......................................................15 Section 3.12 3.10 Annual Statement as to Compliance..............................17 .............................15 Section 3.13 3.11 Annual Servicing Report........................................17 .......................................16 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ............................................16 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ...........16 Section 3.16 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 .........................................16 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageDefaulted Mortgage Loans...............17

Modification Agreements. 13 14 Section 3.07 3.06 Trust Estate; Related Documents........................................................14 Section 3.08 3.07 Realization upon Upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property..........................................15 Section 3.10 3.08 Issuer and Indenture Trustee to Cooperate......................15 ..............16 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer...................................17 Section 3.12 3.10 Annual Statement as to Compliance..............................17 ......................18 Section 3.13 3.11 Annual Servicing Report........................................17 ................................18 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ...........................18 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ....19 Section 3.16 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 .....................19 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase or Transfer of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageMortgage Loans......19

Modification Agreements. 13 11 Section 3.07 3.06 Trust Estate; Related Documents................................14 .......................................................12 Section 3.08 3.07 Realization upon Defaulted Mortgage Loans......................14 .............................................13 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer 3.08 Company and Indenture Trustee to Cooperate......................15 ............................................14 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer.......................15 Section 3.12 3.10 Annual Statement as to Compliance..............................17 .....................................................15 Section 3.13 3.11 Annual Servicing Report........................................17 ...............................................................16 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ....................................................................16 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ...................................16 Section 3.16 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 ....................16 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageDefaulted Mortgage Loans.......................................17

Modification Agreements. 13 14 Section 3.07 3.06 Trust Estate; Related Documents.......................................................................14 Section 3.08 3.07 Realization upon Upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property.........................................................15 Section 3.10 3.08 Issuer and Indenture Trustee to Cooperate......................15 .............................16 Section 3.11 3.09 Servicing Compensation; Payment of Certain Expenses......................16 Expenses by Servicer.......17 Section 3.12 3.10 Annual Statement as to Compliance...................................................................17 Section 3.13 3.11 Annual Servicing Report........................................17 ...............................................18 Section 3.14 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans..................................17 ..............................................................18 Section 3.15 3.13 Maintenance of Certain Servicing Insurance Policies............17 ...................18 Section 3.16 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property..........................................18 ......................19 Section 3.17 Assignments; Recordings 3.15 Optional Repurchase or Transfer of Assignments.........................18 Section 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) PageMortgage Loans.....................19