Common use of Notice to Taxing Authorities, Insurance Companies and HUD (if applicable) Clause in Contracts

Notice to Taxing Authorities, Insurance Companies and HUD (if applicable). The Servicer shall transmit or cause to be transmitted to the applicable taxing authorities and insurance companies (including primary mortgage insurers, if applicable) and/or agents, not less than fifteen (15) days prior to the Servicing Transfer Date, written notification of the transfer of the servicing to the Standby Servicer and instructions to deliver all notices, tax bills and insurance statements, as the case may be, to the Standby Servicer from and after the Servicing Transfer Date. The Servicer shall promptly provide a Trust Officer of the Standby Servicer with copies of all such notices.

Notice to Taxing Authorities, Insurance Companies and HUD (if applicable). The Servicer shall transmit or cause to be transmitted to the applicable taxing authorities and insurance companies (including primary mortgage insurers, if applicable) and/or agents, not less than fifteen (15) days prior to the Servicing Transfer Date, written notification of the transfer of the servicing to the Standby Servicer and instructions to deliver all notices, tax bills and insurance statements, as the case may be, to the Standby Servicer from and after the Servicing Transfer Date. The Servicer shall promptly provide a Trust Officer of the Standby Servicer with copies of all such notices.Servicing