We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Monitoring of Servicer Clause in Contracts

Monitoring of Servicer. 46 Section 3.04 Fidelity Bond............................................47 Section 3.05 Power to Act; Procedures.................................47 Section 3.06 Due-on-Sale Clauses; Assumption Agreements...............48 Section 3.07 Release of Mortgage Files................................48 Section 3.08 Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee...................49 Section 3.09 Standard Hazard Insurance and Flood Insurance Policies.................................................50 Section 3.10 Presentment of Claims and Collection of Proceeds.................................................51 Section 3.11 Maintenance of the Primary Mortgage Insurance Policies.................................................51 Section 3.12 Trustee to Retain Possession of Certain Insurance Policies and Documents.........................51 Section 3.13 Realization Upon Defaulted Mortgage Loans................52 Section 3.14 Compensation for the Master Servicer.....................52 Section 3.15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2004-2)

Monitoring of Servicer. 46 Section 66 SECTION 3.04 Fidelity Bond............................................47 Section ............................................. 67 SECTION 3.05 Power to Act; Procedures.................................47 Section .................................. 67 SECTION 3.06 Due-on-Sale Clauses; Assumption Agreements...............48 Section ................ 68 SECTION 3.07 Release of Mortgage Files................................48 Section ................................. 68 SECTION 3.08 Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee...................49 Section ........................... 68 SECTION 3.09 Standard Hazard Insurance and Flood Insurance Policies.................................................50 Section .... 69 SECTION 3.10 Presentment of Claims and Collection of Proceeds.................................................51 Section .......... 70 SECTION 3.11 Maintenance of the Primary Mortgage Insurance Policies.................................................51 Section .... 70 SECTION 3.12 Trustee to Retain Possession of Certain Insurance Policies and Documents.........................51 Section ............................................. 70 SECTION 3.13 Realization Upon Defaulted Mortgage Loans................52 Section ................. 70 SECTION 3.14 Compensation for the Master Servicer.....................52 Section ...................... 71 SECTION 3.15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A8)

Monitoring of Servicer. 46 63 Section 3.04 3.04. Fidelity Bond............................................47 .................................................64 Section 3.05 3.05. Power to Act; Procedures.................................47 ......................................64 Section 3.06 3.06. Due-on-Sale Clauses; Assumption Agreements...............48 ....................65 Section 3.07 3.07. Release of Mortgage Files................................48 .....................................65 Section 3.08 3.08. Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee...................49 .....................66 Section 3.09 3.09. Standard Hazard Insurance and Flood Insurance Policies.................................................50 ........67 Section 3.10 3.10. Presentment of Claims and Collection of Proceeds.................................................51 ..............67 Section 3.11 3.11. Maintenance of the Primary Mortgage Insurance Policies.................................................51 ........67 Section 3.12 3.12. Trustee to Retain Possession of Certain Insurance Policies and Documents.........................51 ..............................68 Section 3.13 3.13. Realization Upon Defaulted Mortgage Loans................52 .....................68 Section 3.14 3.14. Compensation for the Master Servicer.....................52 Section 3.15..........................69

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Homestar Mortgage Acceptance Corp Asset Backed Pass-Through Certificates, 2004-6)

Monitoring of Servicer. 46 38 Section 3.04 3.03. Fidelity Bond............................................47 ; Errors and Omissions Insurance..................................39 Section 3.05 Power 3.04. Access to Act; Procedures.................................47 Certain Documentation................................................40 Section 3.06 Due-on-Sale Clauses; Assumption Agreements...............48 Section 3.07 Release of Mortgage Files................................48 Section 3.08 Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee...................49 Section 3.09 Standard Hazard Insurance and Flood Insurance Policies.................................................50 Section 3.10 Presentment of Claims and Collection of Proceeds.................................................51 Section 3.11 3.05. Maintenance of the Primary Mortgage Insurance Policies.................................................51 Policy; Claims.......................40 Section 3.12 3.06. Rights of the Depositor, the Securities Administrator and the Trustee to Retain Possession in Respect of Certain Insurance Policies and Documents.........................51 Section 3.13 Realization Upon Defaulted Mortgage Loans................52 Section 3.14 Compensation for the Master Servicer.....................52 ..............................................41 Section 3.153.07. Trustee to Act as Master Servicer..............................................41 Section 3.08. Servicer Custodial Account and Escrow Account..................................42 Section 3.09. Collection of Mortgage Loan Payments, Master Servicer Custodial Account and Distribution Account...............................................42 Section 3.10. Access to Certain Documentation and Information Regarding the Mortgage Loans.................................................................44 Section 3.11. Permitted Withdrawals from the Distribution Account, the Master Servicer Custodial Account and the Servicer Custodial Account..................44 TABLE OF CONTENTS (continued)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

Monitoring of Servicer. 46 Section 3.04 67- SECTION 3.04. Fidelity Bond............................................47 Section 3.05 ................................................-68- SECTION 3.05. Power to Act; Procedures.................................47 Section 3.06 Due-on-.....................................-68- SECTION 3.06. Due on Sale Clauses; Assumption Agreements...............48 Section 3.07 ...................-69- SECTION 3.07. Release of Mortgage Files................................48 Section 3.08 ....................................-69- SECTION 3.08. Documents, Records and Funds in Possession of Master Servicer To Be to be Held for Trustee...................49 Section 3.09 Standard Hazard Insurance and Flood Insurance Policies.................................................50 Section 3.10 Trust Administrator..................-70- SECTION 3.10. Presentment of Claims and Collection of Proceeds.................................................51 Section .............-71- SECTION 3.11 Maintenance of the Primary Mortgage Insurance Policies.................................................51 Section 3.12 Trustee [Reserved]...................................................-71- SECTION 3.12. Trust Administrator to Retain Possession of Certain Insurance Policies and Documents.........................51 Section 3.13 Realization Upon Defaulted Mortgage Loans................52 Section 3.14 Compensation for the Master Servicer.....................52 Section 3.15.............................-71-

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mastr as Bk Sec Tr 2004 Wmc1)

Monitoring of Servicer. 46 59 Section 3.04 Fidelity Bond............................................47 Bond ........................................................................................ 60 Section 3.05 Power to Act; Procedures.................................47 Procedures ............................................................................. 60 Section 3.06 Due-on-Sale Clauses; Assumption Agreements...............48 Agreements ........................................................... 61 Section 3.07 Release of Mortgage Files................................48 Files ............................................................................ 61 Section 3.08 Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee...................49 Trustee ................. 62 Section 3.09 Standard Hazard Insurance and Flood Insurance Policies.................................................50 Policies ............................................... 63 Section 3.10 Presentment of Claims and Collection of Proceeds.................................................51 Proceeds ..................................................... 64 Section 3.11 Maintenance of the Primary Mortgage Insurance Policies.................................................51 Policies ............................................... 64 Section 3.12 Trustee to Retain Possession of Certain Insurance Policies and Documents.........................51 Documents ............................. 65 Section 3.13 Realization Upon Defaulted Mortgage Loans................52 Loans ............................................................ 65 Section 3.14 Compensation for the Master Servicer.....................52 Servicer ................................................................. 65 Section 3.15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Mlmi Series 2004-A3)