P&I Advance Recovery. The Servicer's P&I Advance shall be recoverable from subsequent Borrower Monthly Payments, Insurance Proceeds, Liquidation Proceeds related to the Mortgage Loan as to which such P&I Advance was made or, if the Representing Party is obligated to purchase such Mortgage Loan from the Trustee, from the price paid for such Mortgage Loan or pursuant to Section 17.4.
Appears in 76 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar19 Trust)
P&I Advance Recovery. The Servicer's ’s P&I Advance shall be recoverable from subsequent Borrower Monthly Payments, Insurance Proceeds, Liquidation Proceeds related to the Mortgage Loan as to which such P&I Advance was made or, if the Representing Party is obligated to purchase such Mortgage Loan from the Trustee, from the price paid for such Mortgage Loan or pursuant to Section 17.4.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
