Common use of Protection of Trust Property Clause in Contracts

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee, the Class A Noteholders, the Class A Insurer and the Backup Insurer to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the Class A Noteholders, the Class A Insurer and the Backup Insurer, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and will take such other action necessary or advisable to:

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee, the Class A Noteholders, the Class A Insurer and the Backup Insurer Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to discharge and release the Warehouse Liens upon the acquisition by the Trust of the related Mortgage Loans and thereafter to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the Class A Noteholders, the Class A Insurer and the Backup InsurerIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and will take such other action necessary or advisable to:

Protection of Trust Property. The Issuer Trust intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee, the Class A Noteholders, the Class A Note Insurer and the Backup Insurer Noteholders, as their interests appear herein, to be prior to all other liens in respect of the Trust Property, and the Issuer Servicer on behalf of the Trust shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the Class A Noteholders, the Class A Insurer Noteholders and the Backup Note Insurer, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer Servicer on behalf of the Trust will from time to time prepare (or shall cause to be prepared), execute, file execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments, and will take such other action necessary or advisable to: