Common use of Payment of Real Estate Taxes Clause in Contracts

Payment of Real Estate Taxes. The Seller shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller shall hold harmless and indemnify Countrywide against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller shall make or cause to ---------------------------- be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Closing Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Closing Date. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s 's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller Company shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Company by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Company shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller Company upon receipt from the Seller Company of documentation evidencing such payment. On non-impounded accounts, the Seller Company shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller Company shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s Company's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s 's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date; provided, however, that the Seller has received notice of the same from the applicable taxing authorities. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date that are assessable against the applicable property (and Countrywide relate only to the time period) prior to the related Servicing Transfer Date and the Purchaser will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accountsWith respect to Mortgage Loans with Escrow Accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the The Seller shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s failure to pay, or cause to be paid, any delinquent real estate taxes or tax penalties outstanding as of the related Servicing Transfer Daterequired to be paid herein;

Payment of Real Estate Taxes. The Seller shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s 's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller With respect to Mortgage Loans subject to an Escrow Account, the Company shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Company by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Company shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller Company upon receipt from the Seller Company of documentation evidencing such payment. On non-impounded accounts, the Seller Company shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller Company shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the SellerCompany’s failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller Company shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Company by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Company shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Initial Owner will promptly reimburse the Seller Company upon receipt from the Seller Company of documentation evidencing such payment. On non-impounded accounts, the Seller Company shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insuranceLoans, the Seller Company shall hold harmless and indemnify Countrywide the Initial Owner against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the SellerCompany’s failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller shall make or cause to ---------------------- be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Closing Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Closing Date. If tax bills have not been received by the Seller by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller upon receipt from the Seller of documentation evidencing such payment. On non-impounded accounts, the Seller shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s 's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller Servicer shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Servicer by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Servicer shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller Servicer upon receipt from the Seller Servicer of documentation evidencing such payment. On non-impounded accounts, the Seller Servicer shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller Servicer shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s Servicer's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller Company shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days -44- after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Company by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Company shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller Company upon receipt from the Seller Company of documentation evidencing such payment. On non-impounded accounts, the Seller Company shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller Company shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s Company's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;

Payment of Real Estate Taxes. The Seller Company shall make or cause to be made all payments of all real estate taxes on the Mortgage Loans which (i) will be delinquent on or prior to the related Servicing Transfer Date, (ii) are required to be paid within thirty (30) days -45- after the related Servicing Transfer Date to receive a discount, or (iii) will be delinquent within thirty (30) days after the related Servicing Transfer Date. If tax bills have not been received by the Seller Company by the related Servicing Transfer Date on any Mortgage Loans subject to this subsection, the Seller Company shall obtain and pay all tax bills subsequent to the related Servicing Transfer Date and Countrywide the Purchaser will promptly reimburse the Seller Company upon receipt from the Seller Company of documentation evidencing such payment. On non-impounded accounts, the Seller Company shall ensure that all taxes which would otherwise be delinquent by the related Servicing Transfer Date, if not paid by such date, have been paid. With respect to each of the Mortgage Loans which do not have an impound or escrow account maintained for the payment of taxes and insurance, the Seller Company shall hold harmless and indemnify Countrywide the Purchaser against any and all costs, expenses, penalties, fines, damages and judgments of whatever kind arising from the Seller’s Company's failure to pay, or cause to be paid, any delinquent taxes or tax penalties outstanding as of the related Servicing Transfer Date;